$this->bbcode_second_pass_quote('Armageddon', 'T')he LBMA is out of silver. Coin dealers all over Europe and Asia are out of too. Big online dealers are back ordered.
Commodities are entering a major bull market.
PeakOil is You
THE Silver & Gold Thread (merged)
Re: THE Silver & Gold Thread (merged)
by theluckycountry » Sat 11 Oct 2025, 01:35:59
That post of Inkes above about the Silver cornering reminded me of a lecture I listened to once on fnh about triple waterfall declines in asset classes. They happen after a huge bubble where the government and all the intellectuals get involved in it. That's what Gold and Silver entered after 1980 and they took 20 years to clear the waterfall before people start to make money in that market again. 20 years it took for Gold and Silver, and now it's been in steady growth for 25. It's probably time.
Like they say, "This time it's different" Well it could be for the metals, not in the sense of endless profits but of steady inflation adjusted gains. Silver is indispensable now we are all in electronics and Gold will be too until the new Global Empire gets a firm footing.
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)
by theluckycountry » Sun 12 Oct 2025, 06:29:14
Optimistic Mindset Linked to Poor Decision-Making
But we'll get back to that.
Some classic investment speak that traps people in losers.
-Invest for the long haul
-Buy the dip
-Markets always go up after taking a little beating
Similar ones abound for real estate
-They aren't making any more land.
-house prices always go up
Well they don't need to make anymore land because unless you're on Hong Kong or Singapore Islands the countryside has more land than could ever be used by humans. What the marketeers of this doctrine never mentioned was that it was scope-locked on city residential, which as we are beginning to see doesn't have the brightest future. They (cities), made good sense in the days of the industrial revolution when heavy industry was just outside the city and light industry was spread all throughout the city, and communications were limited. They were needed prior to that period too, with ports and warehousing etc, but that's not the case today. A ship can offload it's cargo direct onto the dock and then subsequently onto trucks or trains to be shipped out to distant hubs where it's sorted and distributed, bypassing the entire city and its burbs. Plus the fact that a single machine, like a huge container crane or massive forklift, has now supplanted tens of thousands of city workers who used to do it all manually. You only need so many clerks, so many bookkeepers, so many lawyers.
95% of city populations serve no needed function now, and without the property bubbles I doubt they would have held the interest of the masses. Instead of cities supplying the labor and smarts to facilitate trade and manufacturing as in bygone days they are now just hubs of human existence where people groom each other, feed each other, and entertain each other. Introverted jobs/behavior that generates no new wealth or prosperity but instead consumes it, all enabled by debt of course. Just think of the massive road upkeep! Hardly any of which is there to serve the business sector. It's all there so people can drive to and from the supermarket and their pointless jobs. Same with the water and electricity grids. They make money for the companies supplying the utilities but the people don't benefit at all financially and it doesn't add to nation growth, quite the opposite in fact. This is why all sectors of Government, business and household are in debt to the eyeballs. For decades upon decades they have been doing nothing productive in the cities they are a part of.
That's why rural real estate has boomed in the last 5 years. Covid was the kickoff, people began to realize how pointless their existence in the suburbs were and those with the means began fleeing to greener pastures. And these aren't people (for the most part) interested in "building wealth", they just want a clean safe environment to raise their kids or spend their autumn years. I don't have to prove this transition, the world's jungles and wastelands are littered with the ruins of former great cities, all abandoned when the empires that built them failed. The city model only works when you have abundant free energy flowing in to sustain them and abundant manufacturing output. Be that oil and coal, or slaves and produce from conquered lands.
So we get back to the title of the post, "an Optimistic Mindset is Linked to Poor Decision-Making" Cornucopians dreaming of space tourism and self-driving cars have no room in their thinking for "what if?" They dismiss such facts as stated above as Doomerism, Negative thinking, fatalism. "Surely we as an intelligent species, the spearhead of evolution on the planet, will overcome these petty obstacles and go forth to rule the galaxy. Or some such nonsense. It's pure humanism, "I think, ergo I can achieve anything."
$this->bbcode_second_pass_quote('', 'W')hile the power of positive thinking may boost confidence, it may not be the best path to successful financial decisions. Although a positive mindset is often associated with success, a new study suggests that excessive optimism often leads to poor decision-making, especially when it comes to finances.
The study, conducted by the University of Bath in the United Kingdom and published in the Personality and Social Psychology Bulletin, sought to determine whether people with an optimistic mindset had worse decision-making cognition than people who were more realistic. The researchers found that people with lower cognitive function tended to be more optimistic, which led them to make poor financial decisions.
Study Findings Explained
The study examined more than 36,000 individuals and found that people with realistic expectations and planning processes tend to make wiser decisions than people with a more optimistic mindset.
Researchers discovered that people with the highest cognitive ability were 22 percent more likely to be realists (or pessimists) when it came to financial planning. They also had a 34.8 percent decrease in optimistic tendencies compared with people with lower cognitive ability. Cognitive ability was measured based on various cognitive skills, including verbal fluency, numerical reasoning, and memory. The results suggest that optimism bias causes people to expect unrealistically positive outcomes in life decisions, especially regarding their finances...
What Is Optimism Bias?
Optimism bias causes people to believe they are less likely to experience negative events than they actually are. About 80 percent of people have an optimism bias—so it appears to be an integral part of human nature...
How Does Excessive Optimism Lead to Low Cognition?
Optimism innately causes people to take risks without properly considering the consequences. Excessive optimists may also believe that everything will turn out well in the end, even though they do not do what is required to achieve that outcome.
People with a more realistic or pessimistic mindset tend to make wiser decisions and display better judgment than optimists, suggesting that low cognitive ability is an underlying cause of an excessively optimistic mindset...
https://www.theepochtimes.com/health/op ... ng-5572279But we'll get back to that.
Some classic investment speak that traps people in losers.
-Invest for the long haul
-Buy the dip
-Markets always go up after taking a little beating
Similar ones abound for real estate
-They aren't making any more land.
-house prices always go up
Well they don't need to make anymore land because unless you're on Hong Kong or Singapore Islands the countryside has more land than could ever be used by humans. What the marketeers of this doctrine never mentioned was that it was scope-locked on city residential, which as we are beginning to see doesn't have the brightest future. They (cities), made good sense in the days of the industrial revolution when heavy industry was just outside the city and light industry was spread all throughout the city, and communications were limited. They were needed prior to that period too, with ports and warehousing etc, but that's not the case today. A ship can offload it's cargo direct onto the dock and then subsequently onto trucks or trains to be shipped out to distant hubs where it's sorted and distributed, bypassing the entire city and its burbs. Plus the fact that a single machine, like a huge container crane or massive forklift, has now supplanted tens of thousands of city workers who used to do it all manually. You only need so many clerks, so many bookkeepers, so many lawyers.
95% of city populations serve no needed function now, and without the property bubbles I doubt they would have held the interest of the masses. Instead of cities supplying the labor and smarts to facilitate trade and manufacturing as in bygone days they are now just hubs of human existence where people groom each other, feed each other, and entertain each other. Introverted jobs/behavior that generates no new wealth or prosperity but instead consumes it, all enabled by debt of course. Just think of the massive road upkeep! Hardly any of which is there to serve the business sector. It's all there so people can drive to and from the supermarket and their pointless jobs. Same with the water and electricity grids. They make money for the companies supplying the utilities but the people don't benefit at all financially and it doesn't add to nation growth, quite the opposite in fact. This is why all sectors of Government, business and household are in debt to the eyeballs. For decades upon decades they have been doing nothing productive in the cities they are a part of.
That's why rural real estate has boomed in the last 5 years. Covid was the kickoff, people began to realize how pointless their existence in the suburbs were and those with the means began fleeing to greener pastures. And these aren't people (for the most part) interested in "building wealth", they just want a clean safe environment to raise their kids or spend their autumn years. I don't have to prove this transition, the world's jungles and wastelands are littered with the ruins of former great cities, all abandoned when the empires that built them failed. The city model only works when you have abundant free energy flowing in to sustain them and abundant manufacturing output. Be that oil and coal, or slaves and produce from conquered lands.
So we get back to the title of the post, "an Optimistic Mindset is Linked to Poor Decision-Making" Cornucopians dreaming of space tourism and self-driving cars have no room in their thinking for "what if?" They dismiss such facts as stated above as Doomerism, Negative thinking, fatalism. "Surely we as an intelligent species, the spearhead of evolution on the planet, will overcome these petty obstacles and go forth to rule the galaxy. Or some such nonsense. It's pure humanism, "I think, ergo I can achieve anything."
$this->bbcode_second_pass_quote('', 'W')hile the power of positive thinking may boost confidence, it may not be the best path to successful financial decisions. Although a positive mindset is often associated with success, a new study suggests that excessive optimism often leads to poor decision-making, especially when it comes to finances.
The study, conducted by the University of Bath in the United Kingdom and published in the Personality and Social Psychology Bulletin, sought to determine whether people with an optimistic mindset had worse decision-making cognition than people who were more realistic. The researchers found that people with lower cognitive function tended to be more optimistic, which led them to make poor financial decisions.
Study Findings Explained
The study examined more than 36,000 individuals and found that people with realistic expectations and planning processes tend to make wiser decisions than people with a more optimistic mindset.
Researchers discovered that people with the highest cognitive ability were 22 percent more likely to be realists (or pessimists) when it came to financial planning. They also had a 34.8 percent decrease in optimistic tendencies compared with people with lower cognitive ability. Cognitive ability was measured based on various cognitive skills, including verbal fluency, numerical reasoning, and memory. The results suggest that optimism bias causes people to expect unrealistically positive outcomes in life decisions, especially regarding their finances...
What Is Optimism Bias?
Optimism bias causes people to believe they are less likely to experience negative events than they actually are. About 80 percent of people have an optimism bias—so it appears to be an integral part of human nature...
How Does Excessive Optimism Lead to Low Cognition?
Optimism innately causes people to take risks without properly considering the consequences. Excessive optimists may also believe that everything will turn out well in the end, even though they do not do what is required to achieve that outcome.
People with a more realistic or pessimistic mindset tend to make wiser decisions and display better judgment than optimists, suggesting that low cognitive ability is an underlying cause of an excessively optimistic mindset...
The power of positive thinking is a book title that made it's author a fortune, but not it's readers. It was based on crap but designed to reinforce the positive mindset of it's readers, who lapped it up. "Rich Dad Poor Dad" was another work of fiction that made it's author a fortune. But use your Brain why is it the vast majority of people over history retire with a low living standard? Why is it the vast majority get caught in traps like the Dotcom bubble and the GFC, the housing bubbles and the recent collapses of the EV industry and the SPACS? Why? Because they had a positive mindset and believed that this was it. This was there time. Never did they look at the fundamentals behind the scenes, at the actual Reality of the sector they were investing their life savings in. So they lost, and the wealthy purveyors of the trash walked away with their money.
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)
by Armageddon » Sun 12 Oct 2025, 10:46:21
This is coming sooner than later……
"One of the main reasons for this coordinated global push to develop digital IDs is because it's deemed essential to... Agenda 2030."
Investigative journalist Whitney Webb on the lockstep supranational push to roll out digital ID and CBDCs.
"CBDCs and digital IDs are meant to go together. And without digital IDs, the CBDC digital finance system cannot exist."
"They have to know who you are. And so they want to have your wallet tied to a digital ID, and have that digital ID be mapped to your physical ID through the biometric data collection."
"If you don't participate in digital ID... you won't be able to access services without it."
"What happened with the vaccine passport was to link your identity to your travel... And if you didn't have one, you were excluded from entering certain places."
"So that... highlights the idea of how these digital IDs are inherently exclusionary, because if you don't have one... and if you don't abide by these various stipulations, you're excluded from participating."
https://x.com/wideawake_media/status/19 ... To%3D58959
"One of the main reasons for this coordinated global push to develop digital IDs is because it's deemed essential to... Agenda 2030."
Investigative journalist Whitney Webb on the lockstep supranational push to roll out digital ID and CBDCs.
"CBDCs and digital IDs are meant to go together. And without digital IDs, the CBDC digital finance system cannot exist."
"They have to know who you are. And so they want to have your wallet tied to a digital ID, and have that digital ID be mapped to your physical ID through the biometric data collection."
"If you don't participate in digital ID... you won't be able to access services without it."
"What happened with the vaccine passport was to link your identity to your travel... And if you didn't have one, you were excluded from entering certain places."
"So that... highlights the idea of how these digital IDs are inherently exclusionary, because if you don't have one... and if you don't abide by these various stipulations, you're excluded from participating."
https://x.com/wideawake_media/status/19 ... To%3D58959
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Re: THE Silver & Gold Thread (merged)
by AgentR11 » Mon 13 Oct 2025, 05:24:44
CBDC? Digital Currency? I guess I'm not much on the conspiracy team, but 99%+ of my transactions are already digital, I do have some cash I carry just in case there's a widespread outage of some sort and I still need gasoline and soda. Frankly, I've used had to use that once in the past couple decades after a hurricane, gas station guy had a generator and we could pump gas, but no connection so no bank cards accepted. I'm so bad at it, that I've long since allowed the bank and all my services talk to each other and auto-pay everything. (I once forgot to pay my electric bill, and they had the nerve to cut me off for a few hours while I got it straightened out. No Likey!) lol.
I just don't see how there's a downside to digital ID and currency.
I just don't see how there's a downside to digital ID and currency.
Yes we are, as we are,
And so shall we remain,
Until the end.
And so shall we remain,
Until the end.
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Re: THE Silver & Gold Thread (merged)
by theluckycountry » Mon 13 Oct 2025, 05:59:51
$this->bbcode_second_pass_quote('AgentR11', 'I') just don't see how there's a downside to digital ID and currency.
Of course not. It's not here yet.
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)
by theluckycountry » Mon 13 Oct 2025, 06:16:25
Exposing The Dark Side of America's AI Data Center Explosion.
Shhhh, it's a secret, buried in NDAs
https://www.youtube.com/watch?v=t-8TDOFqkQA
The level of control all this will bring when it's fully employed may not be noticed by the average person, as the average person is already seriously connected as R11 states. And it's a slow creep, a frog in the pot exercise. The covid and its passport was a trial run, control over where you can travel and where you can spend your money. And tracked at every point via an app and the GPS locator. Most people didn't mind of course, they don't mind being tracked everywhere now and they don't mind being marketed to endlessly. It makes people feel important and no doubt gives many an actual sense of security, they want to be monitored basically. "I've got nothing to hide" that sort of mindset.
It's a dictatorship and all dictatorships start off benign, offering their people a better way of life and greater prosperity. Give up your freedoms for the sake of this system and we'll all be better off. All this has been a long time in planning and AI is just sort of a cover story for the digitization of people's lives. But ditch the phone and you're free basically, at least for now.
Shhhh, it's a secret, buried in NDAs
https://www.youtube.com/watch?v=t-8TDOFqkQA
The level of control all this will bring when it's fully employed may not be noticed by the average person, as the average person is already seriously connected as R11 states. And it's a slow creep, a frog in the pot exercise. The covid and its passport was a trial run, control over where you can travel and where you can spend your money. And tracked at every point via an app and the GPS locator. Most people didn't mind of course, they don't mind being tracked everywhere now and they don't mind being marketed to endlessly. It makes people feel important and no doubt gives many an actual sense of security, they want to be monitored basically. "I've got nothing to hide" that sort of mindset.
It's a dictatorship and all dictatorships start off benign, offering their people a better way of life and greater prosperity. Give up your freedoms for the sake of this system and we'll all be better off. All this has been a long time in planning and AI is just sort of a cover story for the digitization of people's lives. But ditch the phone and you're free basically, at least for 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.
- theluckycountry
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Re: THE Silver & Gold Thread (merged)
by Armageddon » Mon 13 Oct 2025, 08:58:13
$this->bbcode_second_pass_quote('AgentR11', 'C')BDC? Digital Currency? I guess I'm not much on the conspiracy team, but 99%+ of my transactions are already digital, I do have some cash I carry just in case there's a widespread outage of some sort and I still need gasoline and soda. Frankly, I've used had to use that once in the past couple decades after a hurricane, gas station guy had a generator and we could pump gas, but no connection so no bank cards accepted. I'm so bad at it, that I've long since allowed the bank and all my services talk to each other and auto-pay everything. (I once forgot to pay my electric bill, and they had the nerve to cut me off for a few hours while I got it straightened out. No Likey!) lol.
I just don't see how there's a downside to digital ID and currency.
I just don't see how there's a downside to digital ID and currency.
The social credit rating system follows. It’s already being implemented in parts of the world. It’s coming next.
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)
