[Armageddon]

I think it’s obvious the value and importance of oil. It’s the lifeblood of the world.

[theluckycountry]

It's the lifeblood of the "Modern World." There are not a few cultures still that have no use for it, others that have little reliance on it. The further you move away from oil as a basis for a society though the more you are moved toward a subsistence economy. Most PeakOilers recognized this early on, that the 'Mad Max Doomsday scenario' was a outlier, not a given. We also realized (25 years ago) that governments wouldn't lift a finger to mitigate it because all governments in our western world exist at the whim of the wealthy elite, which now basically means the corporations and those that control them.

Those homeless camps, those hundreds of thousands living in their cars and couch surfing are basically in the subsistence economy. They glean food from charities, roam the streets for discarded bicycles and whatnot to fill their tents to pretend they are still a part of the oil economy around them. But they are barely in it at this point. Some of those buying rechargeable battery cars did it as a way to begin exiting the oil economy, but it was a feeble futile gesture. Go into the second World and below into the Third and their loss of access to oil becomes very obvious. minicab drivers out of business because they can't afford the fuel, small farms collapsing because they can't afford the fossil fuel based fertilizers.

Trump will be out of office in another year or so and the dull cow herd will vote in the fluoride party again. What was Biden's election slogan, "Time the heal?" or... time to heel. It will be back to open borders and feminist agendas and the collapse will accelerate once again. Not that Trump did anything masterful, he simply put a brake on the most egregious behavior for a while. Look behinds the scenes though and you'll see the pharmaceuticals and the military industrialists and the oil majors and the food corporations and the banking octopus all raking in the same profits as before. He's as much a slave to those entities as all the others. Two steps forward one step back. Or in this case, two steps away from the oil based economy and one step back.

[theluckycountry]

These are the questions I asked myself years ago.

How will I ensure future access to the foods I relish
How will I ensure I get the fuels I need, the lifestyle I want
How to ensure the basics like that my sewage and water supplies are reliable
How to protect my Money so as I don't end up in poverty like many now are. Even formerly wealthy people in many south american nations were suddenly wiped out by currency devaluations.

None of my list of requirements necessitated my moving to a remote doomstead as some foolishly have. That plan is basically a move back to subsistence living in the here and now. But it did require I move away from the city and all its deficiencies and dependencies. Cities are always the first to collapse into poverty and ruin, 5000 years of evidence attests to that! Broken infrastructure, crime, high food prices. And violent civil unrest. It was heartwarming to read about that lesbian radical who the Federal Agents shot to death in Minneapolis for using her car as a lethal weapon. Some are still prepared to stand up for order.



Of course the Democratic feminists are all enraged!!



In a word, Entitlement.

[theluckycountry]

I was over at another town this morning shopping and popped into the local markets, a craft market for the most part. There was guy there selling honey but he also had a case with Silver, and Gold, coins in it. I counted at least 3kg of Silver in ingots and large coins and there was about an ounce of Gold. A hell of a lot of money just sitting there in a little wooden case and I told him as much. It was for sale but he hardly ever sold any. Certainly not at today's prices. He said he was more about educating people as to the value of it and I told him emphatically NOT TO. I said they won't receive your message, they are all too stupid at this point, and all you are doing is exposing yourself as someone whose worth robbing. I told him to screw that case down to the table and keep the lid locked.

I doubt he was convinced, but if he ever does get targeted and robbed he'll only have himself to blame and he'll know it. Keeping a low profile about this stuff is more important that ever I believe.

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', 'I') was over at another town this morning shopping and popped into the local markets, a craft market for the most part. There was guy there selling honey but he also had a case with Silver, and Gold, coins in it. I counted at least 3kg of Silver in ingots and large coins and there was about an ounce of Gold. A hell of a lot of money just sitting there in a little wooden case and I told him as much. It was for sale but he hardly ever sold any.

[Armageddon]

$this->bbcode_second_pass_quote('theluckycountry', 'T')hese are the questions I asked myself years ago.

How will I ensure future access to the foods I relish
How will I ensure I get the fuels I need, the lifestyle I want
How to ensure the basics like that my sewage and water supplies are reliable
How to protect my Money so as I don't end up in poverty like many now are. Even formerly wealthy people in many south american nations were suddenly wiped out by currency devaluations.

None of my list of requirements necessitated my moving to a remote doomstead as some foolishly have. That plan is basically a move back to subsistence living in the here and now. But it did require I move away from the city and all its deficiencies and dependencies. Cities are always the first to collapse into poverty and ruin, 5000 years of evidence attests to that! Broken infrastructure, crime, high food prices. And violent civil unrest. It was heartwarming to read about that lesbian radical who the Federal Agents shot to death in Minneapolis for using her car as a lethal weapon. Some are still prepared to stand up for order.



Of course the Democratic feminists are all enraged!!



In a word, Entitlement.

[AdamB]

$this->bbcode_second_pass_quote('Armageddon', '
')Liberals are the lowest forms of humans.

[theluckycountry]

$this->bbcode_second_pass_quote('Armageddon', 'L')iberals are the lowest forms of humans.

So let me get this straight. Renee Good lost custody of her two children. Instead of fighting for them, she and her gay partner were fighting for violent foreign criminals to be allowed to stay in our country. I got it. This is the left’s new hero. God help us.

[theluckycountry]

Saudi Arabia currently holds the largest gold reserves among all Arab countries

I was going through some old drives and came across the USA Gold posts on "Another". I remember reading these right back at the beginning and the guy was very prescient about the future price of Gold and it's relationship to oil, how the price was being manipulated to keep it low so A couple of Oil rich nations could buy it essentially out the back door of the LBMA. The deal was they would sell the oil at a low price as long as they got a certain amount of Gold at a low price, along with the paper dollars they were being paid.

I wonder if anyone here ever read those posts? My favorite quote was
$this->bbcode_second_pass_quote('', '&')quot;Think now, if you are a person of "great worth" is it not better to acquire gold over years, at better prices? If you are one of "small worth", can you not follow in the footsteps of giants? I tell you, it is an easy path to follow!" --ANOTHER (THOUGHTS!) 1/10/98

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', '')$this->bbcode_second_pass_quote('Armageddon', 'L')iberals are the lowest forms of humans.

So let me get this straight. Renee Good lost custody of her two children. Instead of fighting for them, she and her gay partner were fighting for violent foreign criminals to be allowed to stay in our country. I got it. This is the left’s new hero. God help us.

[theluckycountry]

The funny thing is, the populations of the Western world could have easily bought up all the Gold and all the Silver ever mined, if they had simply applied the "Diversification" rule to their life savings and committed a mere 5% or so of their money there. All that money wealth in average pay packets from 1970 onward. But they didn't! The TV steered them away from bullion into paper, the touted Diversification rule was anything but! It was just another meme by Wall Street and the pension funds to sell the masses paper/digital tripe. Tripe starts out as useful food you know, then it turns, then you feed the slop to the Hogs. But a lot of useful food is grown for that specific purpose so it's really tripe from the outset.

In the depths of the Global Financial Crises, the GFC, our own Prime Minister came on the TV and reassured the people. That was after the average private pension had fallen nearly 50% in value. He spoke about "Diversification", which was a joke, since all the boats had fallen on the out-rushing tide. I saw that speech, there was no meat to it, no specifics, which is typical of politicians. Now if the global markets can drop 50% overnight, they can do it again, or drop 60 or 70% or more. Gold and Silver are more critical now than ever but the dull cow masses never wake up. And just as well, because the price of bullion would be much higher today and I wouldn't have but a fraction of what I now hodl. Thank God for the stupidity of the masses.

[theluckycountry]

Markets open here now, Silver and Gold off like rockets. Ag, US$ 81.5
With the G/S ratio so out of whack for so long Silver was always going to be the best asset to buy for making money. I say 'buy' in the past tense, buying it now is like buying BTC in Jan 2024. You might double your money, but you're coming in very late in the game.

I'm pretty sure big gains are a thing of the past, that is big gains across the board for lots of people like we have seen since the 1970 switch to a global bubble economy. Markets are not meant to go up double digits per annum while wages stagnate and unemployment increases.

[Armageddon]

I think we’ll see $125 silver by mid year

[theluckycountry]

$this->bbcode_second_pass_quote('Armageddon', 'I') think we’ll see $125 silver by mid year

[Armageddon]

$85

[Armageddon]

$90 today?

[theluckycountry]

$this->bbcode_second_pass_quote('Armageddon', '$')90 today?

[theluckycountry]

92% Of Employed Americans Have Cut Back On Spending As The Standard Of Living In The US Crumbles
$this->bbcode_second_pass_quote('', 'J')ust look at how much you are paying for electricity compared to five years ago. ...food compared to five years ago ...Housing costs ...It isn’t just a coincidence that so many people are bitterly complaining about the cost of living these days.

Of course it isn’t an accident that this has happened. Our politicians have borrowed and spent 28 trillion dollars that we did not have since Barack Obama first entered the White House in January 2009, and I warned that all of this money would create rampant inflation. On top of that, the Federal Reserve has pumped trillions of dollars that were created out of thin air into the financial system since 2008.

Our standard of living is crumbling right in front of our eyes

[Armageddon]

Just broke $90

[theluckycountry]

$this->bbcode_second_pass_quote('', 'T')his week, while trying to understand why the American middle class feels poorer each year despite healthy GDP growth and low unemployment, I came across a sentence buried in a research paper:

“The U.S. poverty line is calculated as three times the cost of a minimum food diet in 1963, adjusted for inflation.” I read it again. Three times the minimum food budget. I felt sick.

The Measurement Failure

The formula was developed by Mollie Orshansky, an economist at the Social Security Administration. In 1963, she observed that families spent roughly one-third of their income on groceries. Since pricing data was hard to come by for many items, e.g. housing, if you could calculate a minimum adequate food budget at the grocery store, you could multiply by three and establish a poverty line.

...She was drawing a floor. A line below which families were clearly in crisis.

For 1963, that floor made sense. Housing was relatively cheap. Healthcare was provided by employers and cost relatively little. Childcare didn’t really exist as a market—mothers stayed home. Cars were affordable, if prone to breakdowns. Orshansky’s food-times-three formula was crude, but as a crisis threshold—a measure of “too little”—it roughly corresponded to reality.