Donate Bitcoin

Donate Paypal


PeakOil is You

PeakOil is You

THE Silver & Gold Thread (merged)

Discussions about the economic and financial ramifications of PEAK OIL

Re: THE Silver & Gold Thread (merged)

Unread postby Armageddon » Sat 13 Dec 2025, 22:50:46

My wife’s money is in real estate and the S&P, so I wanted somewhere different to put mine. Best decision I ever made. I may never need it, but I enjoy watching something that I earned grow. It’s very substantial and it is fun for me follow. I’m retired, so I no longer add to it.
User avatar
Armageddon
Light Sweet Crude
Light Sweet Crude
 
Posts: 7450
Joined: Wed 13 Apr 2005, 03:00:00
Location: St.Louis, Mo

Re: THE Silver & Gold Thread (merged)

Unread postby AdamB » Sat 13 Dec 2025, 23:39:37

$this->bbcode_second_pass_quote('Armageddon', 'M')y wife’s money is in real estate and the S&P, so I wanted somewhere different to put mine.


Yeah, but you didn't become a trust fund baby until later in life, so was gold your answer even earlier than someone else's wealth arriving free of charge on your doorstep?

$this->bbcode_second_pass_quote('Armageddon', '
')Best decision I ever made.


Considering you have said watching the price of PMs bounce around is your only interest in it....how is this the best decision you've ever made unless you are locked in a rubber room drooling on yourself? You admit you have no plans on DOING anything with it.....so staring at its price is a best decision?

$this->bbcode_second_pass_quote('Armageddon', '
') I may never need it, but I enjoy watching something that I earned grow. It’s very substantial and it is fun for me follow.


Thank you for confirming that your interest in PMs is nothing but the equivalent of a child watching their favorite cartoons Saturday morning.

The best decision I ever made was marrying the best woman in the world. Fuck gold and stock tracking funds and four wheelers and brisket and He-Man F150 trucks to keep ones ego inflated....that is all just STUFF.

What kind of soulless money grubbers are you PM people?
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)"
User avatar
AdamB
Volunteer
Volunteer
 
Posts: 11018
Joined: Mon 28 Dec 2015, 17:10:26

Re: THE Silver & Gold Thread (merged)

Unread postby theluckycountry » Sat 13 Dec 2025, 23:45:39

There are those that own Gold, and then there are trolls who 'claim' they own Gold just to try and look smart. But we know the truth, don't we troll :lol:
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
Light Sweet Crude
Light Sweet Crude
 
Posts: 5254
Joined: Tue 20 Jul 2021, 18:08:48
Location: Australia

Re: THE Silver & Gold Thread (merged)

Unread postby Armageddon » Sun 14 Dec 2025, 11:23:10

Governments are selling UST and buying gold. The FED is purchasing the UST now. The world has lost its appetite for US debt. They know the dollar is being destroyed by massive printing, which will only get worse. Trump will install a new FED chair, return to ZIRP and inflation the deficit will continue to rise.
User avatar
Armageddon
Light Sweet Crude
Light Sweet Crude
 
Posts: 7450
Joined: Wed 13 Apr 2005, 03:00:00
Location: St.Louis, Mo

Re: THE Silver & Gold Thread (merged)

Unread postby AdamB » Sun 14 Dec 2025, 11:33:17

$this->bbcode_second_pass_quote('theluckycountry', 'T')here are those that own Gold, and then there are trolls who 'claim' they own Gold just to try and look smart. But we know the truth, don't we troll :lol:


Look smart? I don't claim to look smart because I bought gold, it was an impulse buy for a specific reason at a specific time in the history of the US, seemed like a good idea, I was young and uninformed about investing in general, no family or kids, and a bunch of money in my pocket from working offshore. Hasn't done me any good whatsoever since the day I bought it...just sits there...is now worth more. Big deal. So is the real estate. And even more so, market tracking funds. Those at least I have borrowed against at low rates, that is a useful side effect compared to some shiny coins.

Uneducated Australian...like a monkey...bright shiny object....woo hoo!
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)"
User avatar
AdamB
Volunteer
Volunteer
 
Posts: 11018
Joined: Mon 28 Dec 2015, 17:10:26

Re: THE Silver & Gold Thread (merged)

Unread postby AdamB » Sun 14 Dec 2025, 11:41:50

$this->bbcode_second_pass_quote('Armageddon', 'G')overnments are selling UST and buying gold. The FED is purchasing the UST now. The world has lost its appetite for US debt. They know the dollar is being destroyed by massive printing, which will only get worse. Trump will install a new FED chair, return to ZIRP and inflation the deficit will continue to rise.


<yawn>

Just as you've been saying for....20 years now? And how has any of this impacted your standard of living Armie? The answer is..your lifestyle has been influenced by the ascent of the Sugar Momma, and all your whining and complaining about debt and whatnot hasn't bothered you in the least. You haven't even got any of the collapses you've pretended are coming over the years.

Better luck when you are reincarnated next time? Which will you pray for next time, the ability to think and learn for yourself, or just another Sugar Momma?
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)"
User avatar
AdamB
Volunteer
Volunteer
 
Posts: 11018
Joined: Mon 28 Dec 2015, 17:10:26
Top

Re: THE Silver & Gold Thread (merged)

Unread postby Armageddon » Sun 14 Dec 2025, 12:34:28

No, governments selling UST and buying gold is new. The world is de-dollarizing.
User avatar
Armageddon
Light Sweet Crude
Light Sweet Crude
 
Posts: 7450
Joined: Wed 13 Apr 2005, 03:00:00
Location: St.Louis, Mo

Re: THE Silver & Gold Thread (merged)

Unread postby AdamB » Sun 14 Dec 2025, 14:04:35

$this->bbcode_second_pass_quote('Armageddon', 'N')o, governments selling UST and buying gold is new. The world is de-dollarizing.


Oh, I see. So it is new only if you don't know any history? Not being an expert in gold and dollar movements, I decided to check, after all, you can't define "collapse" with the entire internet at your disposal to figure it out.

So I found this:

International governments sold dollars and bought gold most significantly in the late 1960s when they lost faith in the dollar's gold convertibility under the Bretton Woods system, leading to massive gold outflows from U.S. reserves until President Nixon ended dollar-gold convertibility in 1971, while more recently, central banks have become net buyers of gold since 2010 to diversify away from the dollar, a reversal of the historical pattern of dollar accumulation.

So the 60's related to Breton Woods seemed to happen before. Why do you think it is new now? And diversifying away from the dollar seems to have been going on since 2010.

Do you actually KNOW anything that is true Armie? Do all your relatives just nod knowingly as though they understand when you tell them things that aren't true? Or have Missouri public education levels created a state that simply creates nonsense spewing citizens and the rest just nod knowingly in agreement?

Prove me wrong Armie. Define "collapse". I DARE 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)"
User avatar
AdamB
Volunteer
Volunteer
 
Posts: 11018
Joined: Mon 28 Dec 2015, 17:10:26
Top

Re: THE Silver & Gold Thread (merged)

Unread postby Armageddon » Sun 14 Dec 2025, 15:47:21

Now show a chart showing governments UST holdings
User avatar
Armageddon
Light Sweet Crude
Light Sweet Crude
 
Posts: 7450
Joined: Wed 13 Apr 2005, 03:00:00
Location: St.Louis, Mo

Re: THE Silver & Gold Thread (merged)

Unread postby Armageddon » Sun 14 Dec 2025, 15:55:26

I’m sure things are great for the top 10%. The bottom 70% don’t have $1000 for an emergency. And add in all time highs in credit card and auto delinquencies, record consumer debt, new home sales have collapsed..etc.

Good luck
User avatar
Armageddon
Light Sweet Crude
Light Sweet Crude
 
Posts: 7450
Joined: Wed 13 Apr 2005, 03:00:00
Location: St.Louis, Mo

Re: THE Silver & Gold Thread (merged)

Unread postby Armageddon » Sun 14 Dec 2025, 16:02:49

Double post
User avatar
Armageddon
Light Sweet Crude
Light Sweet Crude
 
Posts: 7450
Joined: Wed 13 Apr 2005, 03:00:00
Location: St.Louis, Mo

Re: THE Silver & Gold Thread (merged)

Unread postby Armageddon » Sun 14 Dec 2025, 16:05:59

That’s why I invested all my money in silver and gold. I put my money where my mouth was. I have been saying for years, they’ll print and inflate their way out of it instead of letting it crash. Well, here we are. We are only in the 3rd inning.
User avatar
Armageddon
Light Sweet Crude
Light Sweet Crude
 
Posts: 7450
Joined: Wed 13 Apr 2005, 03:00:00
Location: St.Louis, Mo

Re: THE Silver & Gold Thread (merged)

Unread postby AdamB » Sun 14 Dec 2025, 20:02:40

$this->bbcode_second_pass_quote('Armageddon', 'N')ow show a chart showing governments UST holdings


No reason to. There is no requirement to provide proof for YOUR claims. I just refuted your historical ignorance in pretending this was something new. It isn't. Might there be more now than those other times? Sure. But that wasn't the point. YOU said it was new. You didn't even check to see if you knew what you were talking about before arriving at your usual spot. You and Lucky, you just can't help yourselves in presenting your belief as fact.

Image
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)"
User avatar
AdamB
Volunteer
Volunteer
 
Posts: 11018
Joined: Mon 28 Dec 2015, 17:10:26
Top

Re: THE Silver & Gold Thread (merged)

Unread postby Armageddon » Sun 14 Dec 2025, 20:12:17

I’ll help you….

China has gone from 1.3T UST to 700B
Japan has starting selling
Russia has sold all theirs.

They all want gold
User avatar
Armageddon
Light Sweet Crude
Light Sweet Crude
 
Posts: 7450
Joined: Wed 13 Apr 2005, 03:00:00
Location: St.Louis, Mo

Re: THE Silver & Gold Thread (merged)

Unread postby AdamB » Sun 14 Dec 2025, 22:39:14

$this->bbcode_second_pass_quote('Armageddon', 'I')’ll help you….

China has gone from 1.3T UST to 700B
Japan has starting selling
Russia has sold all theirs.

They all want gold


Who wouldn't? When I was young and didn't know any better I got talked into it. Not the expensive stuff suckers like you and Lucky fell for, but the cheap stuff!

I didn't need the help obviously, the proof is right there that you don't even have a clue what is, or is not, new. As opposed to something that has been going on during Breton Woods, and then started again in 2010.
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)"
User avatar
AdamB
Volunteer
Volunteer
 
Posts: 11018
Joined: Mon 28 Dec 2015, 17:10:26
Top

Re: THE Silver & Gold Thread (merged)

Unread postby Armageddon » Sun 14 Dec 2025, 23:32:34

So what happens with the 40T of US debt that needs sold and there aren’t any buyers? I think 20T is coming due in 2026. What are the consequences of the FED buying it all? Please tell me ole wise one.
User avatar
Armageddon
Light Sweet Crude
Light Sweet Crude
 
Posts: 7450
Joined: Wed 13 Apr 2005, 03:00:00
Location: St.Louis, Mo

Re: THE Silver & Gold Thread (merged)

Unread postby theluckycountry » Mon 15 Dec 2025, 00:13:39

$this->bbcode_second_pass_quote('Armageddon', 'G')overnments are selling UST and buying gold. The FED is purchasing the UST now. The world has lost its appetite for US debt. They know the dollar is being destroyed by massive printing, which will only get worse. Trump will install a new FED chair, return to ZIRP and inflation the deficit will continue to rise.

The biggest hodler of US treasuries is the US consumer. The entire Social Security fund is nothing but! They simply monetize the bonds as needed and that pushes the cost of everything from cars and houses to food up and up and up. Like what happened in Weimar Germany when they could no longer afford the Gold repatriations to the French and English, they just printed money and went into the market and bought it. Of course all those Deutschmarks came flooding back home buying up anything tangible. The US is selling a lot of stuff overseas but it's just the overseas hodlers dumping whatever they have left. Japan and China were the biggest, they have been actively reducing their stocks for years.

https://www.reuters.com/markets/us/who- ... 025-02-10/

Offshore hodlers? Cayman Islands, $400 Billion :lol:
Their GDP? 7.139 billion

In other words debt is being hidden there by the US government. Where else is it hidden...
Why hide it? Well it has to be sold so they can meet their obligations, one of which is the One Trillion dollar interest repayments every year. Trump doesn't want interest rates lowered to stimulate the economy, he just wants to reduce the massive interest bill because all the old debt from the happy days is rolling over and needs to refinanced at the new higher rates. What a shell game.
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
Light Sweet Crude
Light Sweet Crude
 
Posts: 5254
Joined: Tue 20 Jul 2021, 18:08:48
Location: Australia
Top

Re: THE Silver & Gold Thread (merged)

Unread postby theluckycountry » Mon 15 Dec 2025, 00:35:20

$this->bbcode_second_pass_quote('Armageddon', '
')They all want gold

Something our beloved troll wishes he's bought, along with kub and plant and a host of others no doubt. That will teach them to stick their heads in the TV set all night. Do the wealthy watch the 6 O'clock news? Of course not, they are enjoying cocktails or dressing for a night out. The biggest wealth transition of a decade and most missed it. It had to be that way though, for I remember calculating 15 years ago about, that 50,000 middle class people with an investment of $100k could have bought up every ounce of silver on the Planet.

This is why we need the huge stock market bubble, and for the Millennials, the Crypto bubble, even the RE bubbles. All the excess wealth people have beyond their consumption must be isolated because the resources of the planet couldn't hope to absorb it all. Gold and Silver are canaries in the coal mine, they are no different to Copper and Steel and oil and food in that they reflect the scarcity of natural resources among 8 Billion people. When the crunch comes and this debt super-cycle ends all those digital and fantasy assets will drop like stones, reflecting the actual value of what underlies them. Crypto's, Hope in a transition (their way). The stock markets, bloated debt ridden companies making unnecessary products for the most part. Luxury cars, satellites for internet access, home delivered trinkets. And the overinflated City RE markets, the Dream that we can all continue living a 20th century lifestyle like when oil was a third the price and global population half.
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
Light Sweet Crude
Light Sweet Crude
 
Posts: 5254
Joined: Tue 20 Jul 2021, 18:08:48
Location: Australia
Top

Re: THE Silver & Gold Thread (merged)

Unread postby AdamB » Mon 15 Dec 2025, 11:28:14

$this->bbcode_second_pass_quote('Armageddon', 'S')o what happens with the 40T of US debt that needs sold and there aren’t any buyers? I think 20T is coming due in 2026. What are the consequences of the FED buying it all? Please tell me ole wise one.

I don't know. Certainly not the thing you've been claiming will happen for decades now. That is the one true certainty in any conversation with you and financial/economic issues....whatever you say spanning decades now........hasn't ever happened. The odds are high that when you claim it....it won't ever happen.

That doesn't mean something WON'T happen of course...it just means you don't know anything about how these financial and economic things work. Your lack of understanding and imagination in the economic/financial sphere is the reason you got all the old proclamations wrong, and that basic lack of understanding defines your prognostications to this day.

Any of us would be better off asking Matt Savinar to do some astrology to tell us what the future looks like in the markets than 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)"
User avatar
AdamB
Volunteer
Volunteer
 
Posts: 11018
Joined: Mon 28 Dec 2015, 17:10:26
Top

Re: THE Silver & Gold Thread (merged)

Unread postby AdamB » Mon 15 Dec 2025, 11:30:55

$this->bbcode_second_pass_quote('theluckycountry', '')$this->bbcode_second_pass_quote('Armageddon', 'G')overnments are selling UST and buying gold. The FED is purchasing the UST now. The world has lost its appetite for US debt. They know the dollar is being destroyed by massive printing, which will only get worse. Trump will install a new FED chair, return to ZIRP and inflation the deficit will continue to rise.

The biggest hodler of US treasuries is the US consumer. The entire Social Security fund is nothing but! They simply monetize the bonds as needed and that pushes the cost of everything from cars and houses to food up and up and up.


So....this is your jealousy showing again? Aussies don't have SS and therefore can't be creative the way Americans can? No surprise there, but out of curiosity, does Australia pay its pensioners out of gold reserves or something different? Nice of you to talk about the US so much, but that is your jealousy thing. How do you Aussies do it?
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)"
User avatar
AdamB
Volunteer
Volunteer
 
Posts: 11018
Joined: Mon 28 Dec 2015, 17:10:26
Top

PreviousNext

Return to Economics & Finance

Who is online

Users browsing this forum: No registered users and 0 guests

cron