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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)

Unread postby Armageddon » Sun 31 Aug 2025, 19:54:02

Serious Credit Card Delinquencies (unpaid balances for at least 90 days) hit their highest level in 14 years


https://x.com/barchart/status/196229475 ... aq1VBSCqtg



There’s a major shitstorm brewing. Much worse than 2008
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Re: THE Silver & Gold Thread (merged)

Unread postby Armageddon » Sun 31 Aug 2025, 20:47:58

US CREDIT CARD TROUBLES RISE: MORE PEOPLE HAVEN’T PAID BILLS FOR 3+ MONTHS — WORST IN 14 YEARS


Damn son, it’s going to fall off a cliff this fall / winter.


The last time shit got this bad, they started ZIRP, QE and printed trillions. Got gold?
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Re: THE Silver & Gold Thread (merged)

Unread postby theluckycountry » Sun 31 Aug 2025, 21:14:49

Won't be a problem. National guard is already deployed.
Odd thing for Trump to do when you think about it... He's done some odd things but deploying the national guard to major cities was really out there, like Totally unprecedented. It's more than likely the Elites controlling him gave him those orders. To ready up for the rug-pull. If you think that's absurd go look at the youtube clip of Ronald Reagan being bossed around on stage by a Goldman Sax banker. The old actor is reminiscing with the reporters as he sits at the desk about to sign a bill, the banker leans over his shoulder and tells his to "Hurry it up". Reagan jumps and quickly bends to his master's will, signing the document.

I remember reading the early peokOil proponents complaining that they couldn't get government on board with their mitigation measures, the funny thing was, Government wouldn't talk about the issue at all, either to admit it or refute it. The oilers couldn't understand that and kept bleating away until their funding was cut and they disbanded, but I don't believe government was being belligerent at all. They would have known about the issue long before it went mainstream, they had their own plans and they weren't about to discuss them with a bunch of altruists because they didn't include happy little Eco-villages and bike-ways everywhere. Their plan seems to be a massive financial collapse where something like half to 3/4 of all consumption is eradicated overnight.

We're already tracking down the peakoil curve, less and less oil available to society each year (not frack sand drillers, society), but it's just keeping pace. It's time to get ahead of the curve. It's a good plan too, one I'm onboard with. Abject poverty for a minority, basic austerity for the majority. That's how you rally people behind flags, get them to go off to war and die for your cause. Look at all those Bullshit TV series and movies about WWII. They depicted healthy young Americans leaving happy homes with tables full of food. Utter Crap! that was the depths of the great depression, tables were bare and men were gaunt. Look at the actual war footage and you'll see it, the marines and US army grunts look like skeletons. They were happy to do basic training and sign on as cannon fodder because at least they had decent meals and a job. And they'll do it again, in droves.

Only the idiots can't see this coming, the cashless society, the inordinate government control over people's lives, the facebooks and Microsofts watching your every move and herding you into chutes for shearing and slaughter. They will be the ones going down into austerity, their paper pensions eviscerated by the collapse (that amazingly, no one saw coming).
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)

Unread postby Armageddon » Sun 31 Aug 2025, 21:27:56

Yep, agree. Things are about to change drastically.
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Re: THE Silver & Gold Thread (merged)

Unread postby AdamB » Sun 31 Aug 2025, 21:34:50

$this->bbcode_second_pass_quote('Armageddon', 'T')he collapse isn’t a single event.

Define it then. Because to date all you have been doing is claiming it has been happening....and no one except you has noticed.
$this->bbcode_second_pass_quote('Armageddon', '
') Buckle up son.

Why? I've made tons of money during the "collapse" that no one has noticed.
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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)

Unread postby theluckycountry » Sun 31 Aug 2025, 21:39:14

Here's A Tip: Fuck Off Begging For Tips!
I mean...have a great Labor Day Weekend!
https://quoththeraven.substack.com/p/he ... egging-for

$this->bbcode_second_pass_quote('', 'T')ipping used to be a gesture of appreciation. Now it’s a shakedown that has metastasized far beyond restaurants — to coffee shops, car washes, airport kiosks, food trucks, even self-checkout machines. You buy a muffin and before you even touch the bag, the screen flips around and stares you down: 20%, 25%, 30%...
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)

Unread postby AdamB » Sun 31 Aug 2025, 21:48:25

$this->bbcode_second_pass_quote('Armageddon', 'S')hale growth is collapsing.

Shale as in the rock, or the oil? Because someone who knows so little about evolution is unlikely to know the difference in rock, or oil, types.

$this->bbcode_second_pass_quote('Armageddon', '
')Output growth is down 90% in just 2 years.

And how much did it go down during all those other collapses you called that weren't?

$this->bbcode_second_pass_quote('Armageddon', '
')Every basin except the Permian has already peaked.

Don't you mean, "has peaked AGAIN"? Certainly your geologic knowledge isn't just minimal, it is microscopic. Want me to find your quotes saying LTO and shale gas would never amount to much?

Oh, and you are wrong, the Permian most likely hit its most recent maximum last October. Can't you get the wife to hire an expert to pretend to be you and write non-silly things here so you won't look like...you know...the guy who has fallen for every piece of pigswill written by every discredited doomer for 20 years now?
$this->bbcode_second_pass_quote('Armageddon', '
')Now the Permian is flashing the same warning signs.

Permian flashed warning signs in 1970. Funny how that turned out isn't it? Like....did you even KNOW the Permian peaked like more than half a century ago? Do you know how many other regions have done the same? Or did Ruppert not clue you in on that any better than he did his child molestor 9/11 source that you went for like a wide eyed child?
$this->bbcode_second_pass_quote('Armageddon', '
')Trouble is on the horizon.

Indeed. The Sun is getting lighter by 4 million tons every second. Go find a smart 8 year old to explain that to you.
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)

Unread postby AdamB » Sun 31 Aug 2025, 21:52:36

$this->bbcode_second_pass_quote('Armageddon', 'Y')ep, agree. Things are about to change drastically.

Already has. Peakers have been revealed as half wits, people claiming doom has been happening for 20 years while no one else has noticed have demonstrated why their wives have all the money, and people who believe child molesters are the source to yellow journalists of 9/11 information have demonstrated they don't know bullshit from PMs.
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)

Unread postby Armageddon » Sun 31 Aug 2025, 22:13:05

Silver just hit $40. It knows
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Re: THE Silver & Gold Thread (merged)

Unread postby AdamB » Sun 31 Aug 2025, 22:23:27

$this->bbcode_second_pass_quote('Armageddon', 'S')ilver just hit $40. It knows


But of course....I can agree.....silver is certainly smarter than any peak oiler ever born. Puts it right up there with...rabbits? Field mice? Navel lint.....yes....that's it..navel lint....

You are in good company Armie, either way.
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)

Unread postby Armageddon » Sun 31 Aug 2025, 22:38:39

Silver, oil and water are the 3 most important commodities in the world…. Besides food.
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Re: THE Silver & Gold Thread (merged)

Unread postby AdamB » Sun 31 Aug 2025, 23:01:37

$this->bbcode_second_pass_quote('Armageddon', 'S')ilver, oil and water are the 3 most important commodities in the world…. Besides food.


Maybe...seems to me you missed oxygen and sunlight.

I don't recall you pitching all of them going missing during all the other collapses you fell for. Are you supposing they are going to disappear now?

Oh yeah..and how exactly do you define collapse...because it must not be much of a thing, the number of times you claimed it happened and no one noticed.
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)

Unread postby Armageddon » Mon 01 Sep 2025, 00:28:22

https://www.youtube.com/watch?v=f5FXvJ1qFqo


Read the comments in that video and tell me we aren’t in a financial crises. And we are just beginning
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Re: THE Silver & Gold Thread (merged)

Unread postby theluckycountry » Mon 01 Sep 2025, 04:52:04

40% of people can't afford a simple car repair without borrowing money or selling something.
Wages up by 4% yoy but electricity up by 24%. Oh those poor Battcar owners...

$this->bbcode_second_pass_quote('', 'I')ts so sad! Im grateful to God that I have a place to live. I make less than $1000 a month. I am Blessed to have a house that I paid off. Im old and retired now. I struggle every month but I have it easy compared to these poor people with kids. I WILL be praying for all of them!
- My car insurance almost doubled. This is fucked up
- Everything‘s fine but I’ve never wasted my money buying a new car or truck, live in an old mfg house, have a 30 year old truck and I’m rich.



Forums like this have astroturfers, people paid to spread misinformation, just like the Government posts false unemployment and false crime statistics, info which the TV takes and disseminates far and wide. When ever I see someone telling bold lies about how great things are I put them in that category. GDP, the big metric, is a joke. It's based on increasing debt issuance now, insurance policy issuance, all the financial merry-go-round. So far removed from actual national production it's a farce. Same with the Oil figures, anything and everything that has hydrocarbons and can made to flow is now reclassified as Oil/Oil equivalents.

merry-go-round: a slow amusement park ride where people pay to go round and around, to go nowhere. But people aren't going nowhere, they are going backward, and if they were ever called on their debts? Well it would be out on the street for all of the nation. And that I believe will be the lever they use to force through draconian cashless societies. Take it or starve.
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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)

Unread postby theluckycountry » Mon 01 Sep 2025, 04:58:42

She Couldn't Read Her Own Diploma: Why Public Schools Pass Students but Fail Society
https://thedailyeconomy.org/article/she ... l-society/

A nation of morons.
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)

Unread postby theluckycountry » Mon 01 Sep 2025, 05:36:26

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)

Unread postby AdamB » Mon 01 Sep 2025, 09:46:31

$this->bbcode_second_pass_quote('Armageddon', 'h')ttps://www.youtube.com/watch?v=f5FXvJ1qFqo
Read the comments in that video and tell me we aren’t in a financial crises. And we are just beginning


Let me see if I understand this. You are so mentally INCAPABLE of summarizing YOUR OWN doom and gloom points.....that you have to pimp someone else's video, where they get advertising and hits which raise their internet profile......BECAUSE NOT ONLY CAN'T YOU DEFINE COLLAPSE BUT CAN'T EVEN PIMP SOMEONE ELSES IDEAS CORRECTLY?

No thanks. But I have my own video that completely refutes, down to the smallest point, every silly thing your video says.

https://www.youtube.com/watch?v=vGAqYNFQdZ4
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Re: THE Silver & Gold Thread (merged)

Unread postby AdamB » Mon 01 Sep 2025, 09:58:15

$this->bbcode_second_pass_quote('theluckycountry', 'S')he Couldn't Read Her Own Diploma: Why Public Schools Pass Students but Fail

A nation of morons.


Yes! And those that can't even graduate from public schools are like, the dumbest of the dumb, or Australian! Armie hasn't mentioned whether or not he accomplished the de minimus level of Missouri public education...or whatever state he may have been living in when he was younger. There might be a chance and he got lucky and went to a better states high school education program, Missouri isn't known for doing well by their public school students. Could be why he falls for...whatever....and...everything.

But I'll BET his family tree didn't start out as prisoners of the empire who when released inbred with the locals and ended up not as Missouri uninformed but fully ignorant Austraian!

Oh yeah, and amusingly, I didn't go to a public high school so DAMN I dodged that bullet!
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Re: THE Silver & Gold Thread (merged)

Unread postby Armageddon » Mon 01 Sep 2025, 10:12:17

We get it, you’re the smartest man on this site. You tell us daily.
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Re: THE Silver & Gold Thread (merged)

Unread postby AdamB » Mon 01 Sep 2025, 11:03:24

$this->bbcode_second_pass_quote('Armageddon', 'W')e get it, you’re the smartest man on this site. You tell us daily.


I know exactly how smart I am (which usually isn't the smartest person in the room because 90% of my coworkers have PhD's) It is like having a college professor on any topic except finance (but more than a couple economists) and they LOVE it when some dunderhead (like me) shows up and asks the equivalent of this question from their perspective....."ah...Mr PhD person, how is it that XX doesn't equal YY except here and here in history" and presto, I get a certified expert in the field giving me an hour dedicated to the topic. Who did you learn from? Ruppert, Simmons, Rense, Coast to Coast and every other outlet of horseshit and blubbering nonsense.

What would even someone like you do in such an environment Armie? Would it bother you that everyone in the room is smarter than you, and run and hide in your corner because Ruppert is a joke as a learning source...or would you do what I did....and drink from a firehose the likes of which you can't even imagine? And turn curiosity into a career?

Honest question Armie. Because some people would be intimidated and just stick to their specialty ( as I do have one) and others would be like a kid in a candy store of ideas and arguments and nuance and that firehose then defines you. For the rest of your career.

And smartest person on this site is irrelevant, this place isn't for measuring the ability of one's brain pan, where I work is. It took me about 6 years to get my feet squarely under my shoulders and stand up in that environment, coinciding with the early days of peak oil. And was shortly after banned from attending any of those early ASPO conferences because the bosses were afraid I would lend credibility to them, even if I went on my own time and paid for it myself.

The smartest person in a room of the 3-5 regulars left on this website isn't the measure Army. Once a professional athlete reasons the pinnacle of their performance it is nothing but a joke that they would go back to middle school and challenge 3 chubby 8th graders to a foot race.

It is about becoming a polymath. Not in all areas, but in every science required to solve peak oil along the way to far more interesting and complex problems.

So just a normally smart guy with a good education, professional experience in shales dating back to the mid-80's (good career timing with that as well), and access to the smartest people in the country who taught me what they knew across several different science specialties ranging through economics, geology and particularly statistics.

But I do reserve the right to gloat around those who can't think their way out of a wet paper bag even AFTER having been revealed as complete fools by time. You should know, I do respect those who CAN think their way out of a wet paper bag, even if they fell for peak oil. Dennis for example, but not Paul Pieke or ShortonOil and his ETP horseshit. The peak oilers who can't learn? Well, they are fair game, forever trapped within their intellectual disability...that disability being incapable of learning outside their belief system. Some can break free, Pops seems to have, and you'll notice there aren't many peak oil conversations around here anymore. Other than suckers occasionally mentioning it...the Aussie thinks it happened 17 years ago....why? Because THAT is a peak oiler....no data, no logic, can't read graphs, all they need is to BELIEVE....and therefore it must be so. The perfect example of unabridged belief matched with a parrot's zero working intellect.
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