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THE Silver & Gold Thread (merged)

Discussions about the economic and financial ramifications of PEAK OIL

Re: THE Silver & Gold Thread (merged)

Postby theluckycountry » Thu 28 Aug 2025, 14:23:00

Troops in the cities, ostensibly to quash current crime, but also to prepare for a genuine collapse event no doubt. The wild eyed prepper types who built doomsteads up in the mountains will no doubt turn out to be the smart ones. I still find it hard to believe that you can't even walk around major US cities safely in the daytime, let alone after dark 8O
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We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: THE Silver & Gold Thread (merged)

Postby Armageddon » Thu 28 Aug 2025, 15:00:11

$this->bbcode_second_pass_quote('AdamB', '')$this->bbcode_second_pass_quote('Armageddon', 'A')ll the stories I’m ready are saying sales are falling off a cliff.

OFF A CLIFF!! You mean that sales are falling at a rate of 9.8m/second! Holy cow! Did they actually list this acceleration, or are your sources so stupid they don't know the rate of acceleration when falling off a cliff? Wow...can you point out a few, I'm amazed that any journalist major would even know what the rate of acceleration is of sales if you threw them off a cliff!

Or were you adding your "expert" qualification on said sales? Perhaps you have forgotten, but sales fell all those other times you proclaimed the world was ending as well. But back then you might not have mentioned you know the rate of acceleration of those sales dropping. And just were doing your mindless monkey with its hair on fire routine. Sales fall, world ends....oh wait....better luck next hyperbolic claim of doom without said doom. RInse/repeat etc etc.

$this->bbcode_second_pass_quote('Armageddon', '
') This economy can’t function without low rates, govt spending and stimulus.

And you can't live your lifestyle without the sugar momma. Good thing you've got a sugar momma, and good thing the economy has functioned in the past with higher rates, continued government spending, and occasional stimulus.

$this->bbcode_second_pass_quote('Armageddon', '
') We are going to find out real soon if they have any magic bullets left.

You mean, "we're going to find out if I'm as ignorant a prognosticator as I was the last dozen times".



My 1.5M in gold and silver is doing just fine.
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Re: THE Silver & Gold Thread (merged)

Postby AdamB » Thu 28 Aug 2025, 21:52:51

$this->bbcode_second_pass_quote('Armageddon', '
')My 1.5M in gold and silver is doing just fine.

So is mine. Except the silver part....silver is amateur hour among the real collectors of shiny stuff. The reason why you and I are fine is because....wait for it....NO ONE CAN FIND THE WORLD ENDING CRASH YOU HAVE BEEN PRETENDING WILL HAPPEN TOMORROW FOR AT LEAST THE LAST 2 DECADES.
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Re: THE Silver & Gold Thread (merged)

Postby Armageddon » Thu 28 Aug 2025, 22:15:49

When PM bull runs start, gold goes first, but silver moves more on a percentage basis. Silver is vital for this current industrialized world. Silver is needed for nearly everything that runs your daily life…. Cell phones, computers… pretty much everything in electronics. Also, EV’s and solar panels. Nothing can match its conductivity. It’s also too cheap to recycle, so most of it ends up in the trash dump.

And, the most important thing….this is the 5th straight year of the silver supply deficit. Silver is going to $100+.

#tripledigitsilver
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Re: THE Silver & Gold Thread (merged)

Postby theluckycountry » Fri 29 Aug 2025, 06:59:31

So if I have $120kg of silver, just a guesstimate, then that's $380 grand. I remember when I made my first major purchase of 10 kg. It was $6.50/oz then, so $2,000 it cost about. Then followed bags and bags of aussie 1966 silver rounds, 3 to an ounce. Beautiful coins. The price doubled at one point, around 2005, to $500 a kg and I sold 4 bars to help fund a telescope, within a week the price was falling and I got a reputation with the dealer as a top picker lol. Then in 2007 it began to fall precipitously and lost about 50%, that was the GFC, we silverbugs were a little alarmed, but it came right back and look at it today, $50 aussie, amazing gains.

I was more interested in Gold in the early days though, that was $550 an ounce, $5000 now 8)
I thought to sell an ounce some months back but got rebuffed by the coin dealer I had been buying off of for decades (his son actually), the spread is too narrow for them now. Now we sell to the bullion traders, but I'm glad I didn't sell the coin, it was just a whim anyway. Probably would have wasted it on some Breitling or other novelty. I would sort of like a Grand Seiko, but I'm over Automatics, most of my collection is highend ecodrives, Tool watches, Alticrons and chronographs and the like. Nothing like having a compass and barometric altimeter on your wrist, one you never need wind or replace a battery in.
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: THE Silver & Gold Thread (merged)

Postby Armageddon » Fri 29 Aug 2025, 12:23:35

Gold futures hit $3500 and silver $4

What a beautiful sight
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Re: THE Silver & Gold Thread (merged)

Postby AgentR11 » Fri 29 Aug 2025, 13:07:32

I think you meant silver at $40 USD today?
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Re: THE Silver & Gold Thread (merged)

Postby Armageddon » Fri 29 Aug 2025, 16:39:31

$this->bbcode_second_pass_quote('AgentR11', 'I') think you meant silver at $40 USD today?


Yup. My bad
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Re: THE Silver & Gold Thread (merged)

Postby Armageddon » Fri 29 Aug 2025, 17:29:04

BREAKING NEWS

FOREIGN CENTRAL BANKS NOW HOLD MORE GOLD THAN U.S. TREASURIES FOR FIRST TIME IN NEARLY 30 YEARS


Things are changing
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Re: THE Silver & Gold Thread (merged)

Postby AdamB » Fri 29 Aug 2025, 18:26:52

$this->bbcode_second_pass_quote('Armageddon', 'W')hen PM bull runs start, gold goes first, but silver moves more on a percentage basis. Silver is vital for this current industrialized world.


So is oxygen. Because without it people die. Beats silver 6 ways from Sunday.

But lets study this for a moment. You are preparing for general endtimes, and basing it on the claims of debt, interest rates, bad governments, peak oil and whales being too big, etc. And you want to argue now that, as the old world collapses aruond you, because silver moves on a "percentage basis" (definition please and not you just saying stuff) .....YOU will be spared from the horrors of the apocalypse?

How does this work? MZB's flee the cities, at least one close to you, and as you and sugar momma and kids fire out the windows with your rifles hoping to keep them at bay....you are sitting there worrying about the value of your SILVER? Because....all those MZBs are just going to happily go back to razed cities without food and decide that HEY! "before I starve, I need to trade my sister for some silver so I can be happy before I die!?
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Re: THE Silver & Gold Thread (merged)

Postby AdamB » Fri 29 Aug 2025, 18:34:29

$this->bbcode_second_pass_quote('Armageddon', 'G')old futures hit $3500 and silver $4
What a beautiful sight

indeed. And the S&P 500 has nearly doubled in the past 5 years. <yawn>

I got plates today for a 28 year old motorcycle. Tomorrow a new set of front brake pads, new battery, I'll wear out the rest of the front tire by October and need one of those.

That is something to get excited over, before snow closes the mountain passes to 2-wheelers. People pretending shiny metals can make them happy? What kind of logic is that? Mine hasn't done a damn thing for me in 40+ years.
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: THE Silver & Gold Thread (merged)

Postby AdamB » Fri 29 Aug 2025, 18:36:34

$this->bbcode_second_pass_quote('Armageddon', 'B')REAKING NEWS

FOREIGN CENTRAL BANKS NOW HOLD MORE GOLD THAN U.S. TREASURIES FOR FIRST TIME IN NEARLY 30 YEARS

Things are changing


Indeed. Everyone on this website who ever pitched peak oil as the endtimes has to talk about......wait for it....MARKET STUFF THAT WASN'T SUPPOSED TO EXIST BY NOW. Geniuses all.
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: THE Silver & Gold Thread (merged)

Postby AgentR11 » Fri 29 Aug 2025, 18:42:10

$this->bbcode_second_pass_quote('AdamB', 'T')hat is something to get excited over, before snow closes the mountain passes to 2-wheelers. People pretending shiny metals can make them happy? What kind of logic is that? Mine hasn't done a damn thing for me in 40+ years.


Its done all its supposed to really. A hedge against monetary stupidity at the top. IF they botch it up, we'll have something to reset the board with to a non-zero position. If they don't drop the ball, then we have a mediocre long term asset that will be a moderate nuisance to sell and report taxes for.
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Re: THE Silver & Gold Thread (merged)

Postby AdamB » Fri 29 Aug 2025, 19:37:56

$this->bbcode_second_pass_quote('AgentR11', '')$this->bbcode_second_pass_quote('AdamB', 'T')hat is something to get excited over, before snow closes the mountain passes to 2-wheelers. People pretending shiny metals can make them happy? What kind of logic is that? Mine hasn't done a damn thing for me in 40+ years.


Its done all its supposed to really. A hedge against monetary stupidity at the top.

Well....then as a hedge against monetary stupidity...it has been useless for 40+ years. From stagflation in the early 80s...through wars and Covid and The Greatest Recession Since The Great Depression....ballooning deficits and government tax and send...it just....sits.

It is sort if like...a conversation piece? Except of course you don't TELL people about it because then they break in and steal it! And it isn't insured....so...DAMN!

$this->bbcode_second_pass_quote('AgentR11', '
') IF they botch it up, we'll have something to reset the board with to a non-zero position. If they don't drop the ball, then we have a mediocre long term asset that will be a moderate nuisance to sell and report taxes for.


I'm hoping mine can be passed down on a moonless night when no one is looking except the folks I want to get it.
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Re: THE Silver & Gold Thread (merged)

Postby Armageddon » Fri 29 Aug 2025, 19:38:38

We are witnessing the end of this current Fiat experiment. According to history, all Fiat systems collapse.
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Re: THE Silver & Gold Thread (merged)

Postby AdamB » Fri 29 Aug 2025, 19:43:54

$this->bbcode_second_pass_quote('Armageddon', 'W')e are witnessing the end of this current Fiat experiment. According to history, all Fiat systems collapse.


Rinse-recycle-repeat.

Yes...we know Armie. You've been telling us this for 2 decades now. The problem being you have zero temporal understanding of what QUARTER CENTURY IT MIGHT HAPPEN IN, as you have already demonstrated.
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Re: THE Silver & Gold Thread (merged)

Postby Armageddon » Fri 29 Aug 2025, 20:09:50

This should be a hint…

FOREIGN CENTRAL BANKS NOW HOLD MORE GOLD THAN U.S. TREASURIES FOR FIRST TIME IN NEARLY 30 YEARS
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Re: THE Silver & Gold Thread (merged)

Postby AdamB » Fri 29 Aug 2025, 20:20:36

$this->bbcode_second_pass_quote('Armageddon', 'T')his should be a hint…

FOREIGN CENTRAL BANKS NOW HOLD MORE GOLD THAN U.S. TREASURIES FOR FIRST TIME IN NEARLY 30 YEARS


What kind of hint? The hints you've been doing for 20 years and been full of shit? Or BETTER hints? Like peak oil happened on Thanksgiving Day 2005?
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

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Re: THE Silver & Gold Thread (merged)

Postby Armageddon » Fri 29 Aug 2025, 20:22:09

I’ll think we’ll find out sooner than later.
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Re: THE Silver & Gold Thread (merged)

Postby AdamB » Fri 29 Aug 2025, 20:25:39

$this->bbcode_second_pass_quote('Armageddon', 'I')’ll think we’ll find out sooner than later.

Go back and count the number of times you've said that before...and then we'll talk.Any time you say "I'll think"....you really don't. And you've been PROVING it for 2 decades now. How about you go fix that, and then start building up credibility from scratch? Start with disavowing Ruppert as a half baked crack pot, and go from there. It isn't hard. You just need to learn that "think" thing.
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