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THE Silver & Gold Thread (merged)

Discussions about the economic and financial ramifications of PEAK OIL
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Re: THE Silver & Gold Thread (merged)

Unread postby AdamB » Mon 29 Sep 2025, 22:20:00

$this->bbcode_second_pass_quote('Armageddon', 'H')ard assets are going to be key in this new global paradigm shift.


Do explain how and when you plan on using your PMs in this new paradigm?

Are you buying more stuff with gold or silver as of late?

Careinke appears to be using BTC on a regular basis. Have you ever traded gold or silver for ANYTHING? Cars, real estate, fast food for the family while in Naples?
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 careinke » Mon 29 Sep 2025, 22:58:54

Lucky should have taken my bet. :-D Oh wait, it's not 1 Jan 2026 yet.

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Re: THE Silver & Gold Thread (merged)

Unread postby Armageddon » Mon 29 Sep 2025, 23:13:58

$this->bbcode_second_pass_quote('AdamB', '')$this->bbcode_second_pass_quote('Armageddon', 'H')ard assets are going to be key in this new global paradigm shift.


Do explain how and when you plan on using your PMs in this new paradigm?

Are you buying more stuff with gold or silver as of late?

Careinke appears to be using BTC on a regular basis. Have you ever traded gold or silver for ANYTHING? Cars, real estate, fast food for the family while in Naples?



I have no idea when or if I’ll sell. I’m just enjoying the ride.
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Re: THE Silver & Gold Thread (merged)

Unread postby theluckycountry » Tue 30 Sep 2025, 03:35:18

Yes inke, the paper markets had a bump. BC is a paper asset so it follows them. Gold is not a paper asset so it has declined.
I'm surprised you bothered to pop a champagne cork though? BC is nowhere near its high of some months ago, in fact it's still basically where it was 4 years ago on an inflation adjusted basis. Did you forget that little point? How could you, you're not a plant, you have to eat and pay electricity bills...

How's your full supervised driving Tesla going. Feeling the stress yet of having to watch the road like a hawk? Had many strikes for inattentiveness? Don't worry, they'll probably sort it out one day like they'll sort out nuclear fusion, meanwhile you unpaid Beta testers are sending back invaluable data. Even if it is just data on human stress levels and how much bullshit you'll stomach before you start swearing at Musk's servers :wink:

In the real world. A road trip, notice the old man fidgeting, the fanboi is lost in the dream but the passenger is as nervous as a kitten. I've seen this in quite a few fsd vids, normal people just don't trust them, Stress, STRESS! Watch for a couple of minutes and you'll pick up on a major flaw in all this.

https://www.youtube.com/watch?v=Bdi2F4VavbU&t=2820s

Secret. When you're driving a car under your own control you don't have to "be ready" all the time, your brain knows how to process things and you can relax. When a situation arises where urgent action is needed your brain simply switches to 'emergency mode', and if you have general driving experience you'll automatically take the right actions just like you automatically depress a clutch and change gears in a manual.
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 » Tue 30 Sep 2025, 19:16:56

$this->bbcode_second_pass_quote('Armageddon', '')$this->bbcode_second_pass_quote('AdamB', '')$this->bbcode_second_pass_quote('Armageddon', 'H')ard assets are going to be key in this new global paradigm shift.


Do explain how and when you plan on using your PMs in this new paradigm?

Are you buying more stuff with gold or silver as of late?

Careinke appears to be using BTC on a regular basis. Have you ever traded gold or silver for ANYTHING? Cars, real estate, fast food for the family while in Naples?



I have no idea when or if I’ll sell. I’m just enjoying the ride.


So let me see if I understand this. For all your 20 years of predicting the end, collapse because of debt and borrowing, the US draft firing up in 2006, evolution being a lie, Ruppert being a good source of information, and you not having a clue as to what collapse even is...YOU ARE JUST ENJOYING GOLD BOUNCING AROUND IN VALUE LIKE YOU ARE WATCHING A BASKETBALL GAME OR SOMETHING?????

NOW you admit that this is all a joke, you pitching this idea everyone should be out collecting it?

Good thing there aren't that many people who took you and your "investing" advice seriously I guess around here I guess. I'm betting it was the "whales are too big for evolution to be real" crack, I mean, peak oilers sometimes are as ignorant as the Australian parrot but even THEY aren't that stupid.
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 theluckycountry » Wed 01 Oct 2025, 16:26:53

Gold is pulling back sharply, but Silver is resisting. Here is a good interactive chart BTW https://www.bullionvault.com/silver-price-chart.do

Videos like the one below have not been uncommon over the years, but the guest on this one is above average as far as analysts go. I personally haven't followed any of this stuff since the late 00's, since it became clear to me Silver was established in an inflation adjusted pattern. It's gone up a lot since then, a Hell of a lot actually, but it looks like the best is yet to come. A bubble! With a blowoff top may be in the cards just like we saw (like I personally saw) in 1970's. But unlike other blowoffs, like IT in 2000 where underlying prices of computers and services fell to never before seen lows, the price of Silver and Gold never crashed back to the previous lows in the 70's. They came back to a lower, but inflation adjusted higher level than before the bubble.

Image

How could they not? Were talking about real world assets, commodities in demand across industry and the banking complex. Inflation guarantees a certain base price for these, even like Oil, which maintains a certain base price. In oil's case it's around $70bbl today, extraction and refining costs prohibit it going any lower for an extended period.

Inflation adjusted is the reason people go into schemes like mutual funds. They know their dollars will be worth less in the future therefore they chase compound interest gains or returns of a like nature. The average person though, no matter how smart they are in other fields, doesn't really understand what's going on other than the need to "grow Wealth". They follow along in the herd, taking their leading from the TV and all the financial advice given there about trusting your money to these modern day funds. Funds that will give you a happy retirement, complete with imagery of you sitting on a beach drinking pina colada's.

But anyone, with half a brain, knows that the financial world is full of scams. So why not an overriding Scam, where the people running all these funds are simply in the business of enriching themselves, with little interest in your future? Sure they follow the law, the rules, but the Global Financial Crash proved without a doubt that the "Rules" won't save your retirement funds. Warren Buffett saw it coming and he made a fortune off it. Many other like positioned people did too no doubt, but they are not going to do that with your money. Your money is what enables the game, is what allows people like the Buffets to make fortunes.

The simple truth is you can't "Grow Wealth" as they say. You can only take it out of the ground or take it off other people. My silver and Gold haven't been growing wealth for me, they have simply been repriced because they are scarce and valuable. Tesla shares haven't grown wealth either. They have simply allowed Elon, the other insiders, and a few other brains to take wealth out (from other peoples futures). If they are smart a lot of that is now protected. Tesla shares aren't protected, they lost 68% in the covid collapse. Who cares if they came back to make a greater high, no one is taking that money out are they. It's still sitting there as a future retirement fund for most. But the proven fact is it can collapse, and like any company, it can go bankrupt too. That's not a secure retirement fund is it. It's a dubious fund based on Hopium. The hope being it won't crash when needed. But these mutual funds are in the hands of greedy faceless me, men who wouldn't stop to help you if you fell over in the street. Well I know they don't do that in America anyway but we do here.

These men sit down to $1000 lunches, paid for by YOU. You're the sheep, they are the shearers. Wake up to yourselves! You have been trained like seals to trust these institutions, for the sole purpose of getting wealth out of your control and under their control where they can manipulate it. You believe entities like the FED when they say no more depressions? More fool you. They are just a bunch of stooges working for the commercial banks, setting interest rates is all they do, and they set them perfectly to maximize the profits of the banks they serve. To Big to fail? No, too Big to be controlled. Rates come down to suck everyone into taking on debts then go up to screw those people. And when new loan issuance drops below a certain level they drop rates again to spur more borrowing. They employ Actuaries to determine all this, but they tell you all they care about is full employment and low inflation. And to help project this image the Government fudges the statistics of both. It's one giant swindle, you'll discover that one day.

$this->bbcode_second_pass_quote('', 'B')race yourselves: a global precious metals upheaval is brewing. David Morgan, author of The Silver Manifesto, warns this isn’t a localized crisis—it’s a worldwide event. With central banks scrambling and the dollar under pressure, industrial demand now devours 70% of silver, forcing the market to consume above-ground supply just to balance.

Gold is already in hyper-acceleration, smashing records, but Morgan says silver’s trajectory could dwarf it. “Gold may hit $4,000, out of reach for the average person, but silver at $40? That’s when silver takes the lead,” he says. Epic, historic, and inevitable—silver could soon outshine gold.
https://www.youtube.com/watch?v=6-o5z6HV_NY
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 careinke » Wed 01 Oct 2025, 17:21:16

Hey Lucky,

I thought I'd pass on I just got a strong Buy signal for gold this morning. Maybe it's time for me to buy my wife some more Jewelry for my wife. Gold is up more than 48% YTD and the same for 1 year. I also got a strong buy for BTC this morning it is only up 27% YTD but 86% over the last year (365 days)

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Re: THE Silver & Gold Thread (merged)

Unread postby theluckycountry » Wed 01 Oct 2025, 17:30:26

How about we look at a conspiracy.

History:
$this->bbcode_second_pass_quote('', 'W')hy did OPEC decide to stop selling oil to the United States from 1973 to 1974?
During the 1973 Arab-Israeli War, Arab members of the Organization of Petroleum Exporting Countries (OPEC) imposed an embargo against the United States in retaliation for the U.S. decision to re-supply the Israeli military, and to gain leverage in the post-war peace negotiations.


The US had passed PeakOil, was vulnerable, and was getting screwed by these arabs. Saudi Arabia led the embargo, but then a deal was made.

$this->bbcode_second_pass_quote('', 'W')hat is the true importance of the US-Saudi relationship in the global economy? It’s based on the two things that make the economy go round – money and oil. The United States–Saudi “petrodollar” arrangement has underpinned American economic and military power for nearly five decades. In essence, oil exports from Saudi Arabia (and later OPEC broadly) have been priced in U.S. dollars since the 1974, ensuring a constant global demand for the dollar and U.S. Treasury assets. This monetary system forms the hidden backbone of a web of consequences – from U.S. imperialism and geopolitical maneuvering
https://www.counterpunch.org/2025/03/10 ... the-world/

So what was oil priced in Before the deal? Dollars still, but that was just a proxy for Gold

$this->bbcode_second_pass_quote('', 'B')efore 1974, especially during the Bretton Woods system, oil wasn't sold for gold in a direct exchange but the price of oil was linked to gold because the U.S. dollar, which was used for oil payments, was pegged to gold at a fixed rate ($35 per ounce). When the U.S. went off the gold standard in 1971 and oil prices rose significantly, the real value of oil in terms of gold decreased, prompting OPEC to increase oil prices to maintain their purchasing power relative to gold


Gold, it's what Arabs trust, it's the foundation of wealth for them, they make bathtubs out of it if they are rich enough :-D
$this->bbcode_second_pass_quote('', 'S')audi Arabia owns the biggest gold reserves in the Arab region, with 323.1 tons of gold, constituting about 4.1% of the kingdom's total foreign reserves

But that's just the national accounts, Saudi Arabia is a dictatorship and the Lions share is in the pockets of the Royal Family. So now we get to the conspiracy. It's a good conspiracy too in the fact, because there are no official records to either prove or disprove it.

It is said that the petrodollar arrangement, where basically Saudi Arabia would sell it's oil for American treasuries, and keep the bulk of these in US banks, was concomitant on a secret pact. The US as the leading Gold hodler, and who dictated it's price, would keep said price low so the Arabs could buy it in the world's markets cheaply. Obviously there was the late 1970's bubble, but after that Gold's price was depressed, for nearly 25 years. During that time the personal accounts of the Saudi rulers, who have no interest in paper, grew and grew, in Gold.

Image

No growth in the Gold price for all those years, yet there was inflation, definitely. Of course for the Saudi's, and Gold bugs in general, this was a good thing! We could stockpile, at least if we were young enough to wait out the time. Alas many didn't. Many cashed up older buyers in the late seventies bought in during the bubble, at prices over $200/oz, and while they for the most part wouldn't lose it all like in a stock market collapse, they didn't see any gains. They died cursing Gold no doubt.

There was a lot of Gold coming out of the woodwork from small investors during the early days of the Gold boom in the 2000's. They no doubt saw a chance to break even and took it. A dealer also once told me about his early days working for another dealer in the City during the 90's. Men would come in with loads of Gold sovereigns and ounces, selling them at the then depressed prices. They were old and just wanted to cash out I guessed, get some extra money to buy toys in retirement. Others no doubt left their holdings as inheritances.

It's a good conspiracy as it fits a lot of known facts, of course it's all academic, who cares now hey. A lot of us bought in at much much lower prices than today and that's all that matters.

Sep 16, 2024
$this->bbcode_second_pass_quote('', 'S')audi Central Bank Caught Secretly Buying 160 Tonnes of Gold in Switzerland
The Saudis have joined other Asian countries in ditching their long-term sensitivity to the gold price. Evidence suggests the Saudi central bank has been covertly buying 160 tonnes of gold in Switzerland since early 2022, contributing to the current gold bull market. Although the Saudis played a key role in the birth of the global dollar standard in the early 1970s, this time around they might even become a lynchpin for its dissolution. https://www.thegoldobserver.com/p/saudi ... t-secretly

Has Saudi Arabia secretly been buying gold? It wouldn’t be the first time, says analyst Jan Nieuwenhuijs
https://www.kitco.com/news/article/2024 ... -time-says
Last edited by theluckycountry on Wed 01 Oct 2025, 17:39:16, edited 1 time in total.
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 » Wed 01 Oct 2025, 17:33:51

$this->bbcode_second_pass_quote('careinke', 'H')ey Lucky,

I thought I'd pass on I just got a strong Buy signal for gold this morning. Maybe it's time for me to buy my wife some more Jewelry...

Thanks for the heads up, but I'm done buying Gold, I just buy motorcycles now.
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 careinke » Wed 01 Oct 2025, 20:44:10

$this->bbcode_second_pass_quote('theluckycountry', '')$this->bbcode_second_pass_quote('careinke', 'H')ey Lucky,

I thought I'd pass on I just got a strong Buy signal for gold this morning. Maybe it's time for me to buy my wife some more Jewelry...

Thanks for the heads up, but I'm done buying Gold, I just buy motorcycles now.


Gold also passed the market value of US Treasury Bonds today. First time in 30 years that has happened!

We certainly seem to be living in interesting times. It's going to be fun to watch over the next three years. An hour ago ROW-B drove past a dozen or so Trump Haters protesting outside, during a heavy Thunderstorm downpour of rain. It made me feel very happy.

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Re: THE Silver & Gold Thread (merged)

Unread postby careinke » Wed 01 Oct 2025, 20:46:32

Gold also passed the market value of US Treasury Bonds today. First time in 30 years that has happened!

We certainly seem to be living in interesting times. It's going to be fun to watch over the next three years. An hour ago ROW-B drove past a dozen or so Trump Haters protesting outside, during a heavy Thunderstorm downpour of rain. It made me feel very happy.

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Re: THE Silver & Gold Thread (merged)

Unread postby theluckycountry » Wed 01 Oct 2025, 22:53:00

Yeah, like small protests ever solved anything. You basically need half the nation turning up at the President's house and the soldiers backing down before change comes. Then it's just a military junta and shoot on sight. Better the devil you know sometimes. Those calling for civil war haven't a clue.
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 careinke » Thu 02 Oct 2025, 04:21:48

$this->bbcode_second_pass_quote('theluckycountry', 'Y')eah, like small protests ever solved anything. You basically need half the nation turning up at the President's house and the soldiers backing down before change comes. Then it's just a military junta and shoot on sight. Better the devil you know sometimes. Those calling for civil war haven't a clue.


I've been in a few countries that suffered through civil wars. Trust me, I can guarantee it is NOT a good option.

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Re: THE Silver & Gold Thread (merged)

Unread postby theluckycountry » Thu 02 Oct 2025, 13:57:36

I wonder if the long ago American civil war has colored the nation to the point of the current turmoil?
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 » Thu 02 Oct 2025, 14:06:36

Interesting... Gold is taking a dive as the stock markets rally hard but Silver refuses to give up its gains.
Paper turned the corner back in mid April in fact, back then the Dow was 38,000. Today it's 46,500. It's AI of course, pulling them all up. Mass Hopium for a future of Robot slaves.
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Re: THE Silver & Gold Thread (merged)

Unread postby Armageddon » Thu 02 Oct 2025, 14:51:25

Silver had a hard resistant level at $48.

Profit taking? Billions banks shorting?
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Re: THE Silver & Gold Thread (merged)

Unread postby Armageddon » Thu 02 Oct 2025, 20:36:03

TRUMP: YOU GROW YOURSELF OUT OF DEBT

They’re going to run it hot


Got gold?
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Re: THE Silver & Gold Thread (merged)

Unread postby theluckycountry » Thu 02 Oct 2025, 22:55:29

$this->bbcode_second_pass_quote('Armageddon', 'S')ilver had a hard resistant level at $48.

Profit taking? Billions banks shorting?

More likely paper silver contract manipulation or more money entering the stock market, or cash? Years ago I used to track when the silver contracts were sold and when they expired. The price was always rising when sold and through the period but would slump near the expiration date leaving the hodlers with a breakeven or deficit. I gave up watching that stuff years ago, it's a short term subtle manipulation and didn't effect the silver price over the long term. So much manipulation goes on in the "Free Markets" it makes the theories and laws of the entire economics edifice a joke.

The economics profession was one of the first captured, it's now just a tool of the money men.
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 » Fri 03 Oct 2025, 14:00:32

When Fiat Dies

People flee to Gold
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Re: THE Silver & Gold Thread (merged)

Unread postby Armageddon » Fri 03 Oct 2025, 14:34:12

BREAKING NEWS

GLOBAL CENTRAL BANKS ADDED 15 TONNES OF GOLD TO THEIR RESERVES IN AUGUST

They continue to stockpile.


They know what’s coming
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