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 » Tue 23 Sep 2025, 19:26:41

This has never happened before:

S&P 500: all-time high
US Home Prices: all-time high
Bitcoin: all-time high
Gold: all-time high
Money Supply: all-time high

Public Debt: A RECORD $37.5 TRILLION

US labor market: in a RECESSION

https://x.com/globalmktobserv/status/19 ... aq1VBSCqtg
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 » Tue 23 Sep 2025, 19:34:06

They’ll keep inflating, causing GDP and the stock market to look great and claim the economy is booming.

Meanwhile, 70% of Americans don’t have $1000 to their name.
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 » Tue 23 Sep 2025, 21:05:17

$this->bbcode_second_pass_quote('Armageddon', 'T')his has never happened before:

S&P 500: all-time high
US Home Prices: all-time high
Bitcoin: all-time high
Gold: all-time high
Money Supply: all-time high

Public Debt: A RECORD $37.5 TRILLION

US labor market: in a RECESSION


Hey Armie, do you know what the definition of "recession" is?

noun
1.
a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.


I don't see the word "labor market" in there. It is defined by a two quarter of fall in GDP.

How about you go for defining "collapse" finally before this becomes such a running joke I need to ask you if you know the definition to ANY words you use? Did the Born Agains teach you to ignore the meaning of words, or did you decide to do that when becoming a MAN and buying a truck?
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 Armageddon » Tue 23 Sep 2025, 21:34:35

$this->bbcode_second_pass_quote('AdamB', '')$this->bbcode_second_pass_quote('Armageddon', 'T')his has never happened before:

S&P 500: all-time high
US Home Prices: all-time high
Bitcoin: all-time high
Gold: all-time high
Money Supply: all-time high

Public Debt: A RECORD $37.5 TRILLION

US labor market: in a RECESSION


Hey Armie, do you know what the definition of "recession" is?

noun
1.
a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.


I don't see the word "labor market" in there. It is defined by a two quarter of fall in GDP.

How about you go for defining "collapse" finally before this becomes such a running joke I need to ask you if you know the definition to ANY words you use? Did the Born Agains teach you to ignore the meaning of words, or did you decide to do that when becoming a MAN and buying a truck?




Do you ever add anything meaningful to the conversation? You just parrot the same thing on every topic. No wonder you’ve ran everybody off on the site.
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 » Tue 23 Sep 2025, 22:10:53

$this->bbcode_second_pass_quote('Armageddon', '
')Do you ever add anything meaningful to the conversation?


I do THE MOST MEANINGFUL THING. I seek the meaning of terms, in order to establish you and I are talking about the same thing. Without a common meaning of terms, half wits can say..."Gee collapse just happened!" when in fact no such thing happened. Why? Because someone knows the meaning of collapse, and someone does not.

I am perfectly willing to accept someone else's change in the common meaning of a term...IF THEY CAN DEFINE WHAT THEY MEAN.

This leaves people who just spew horseshit, for example, "collapse" means "gee Ruppert told me so" out in the cold because they are in a make believe world. Why? BECAUSE THEY DON'T KNOW THE MEANING OF THE WORDS.


$this->bbcode_second_pass_quote('Armageddon', '
')You just parrot the same thing on every topic. No wonder you’ve ran everybody off on the site.


Peak oil happening 7 years ago and nobody noticing is what caused folks to leave. As someone who knew better, I am allowed to gloat over the users who used the power of science and experience in the field over the hoebunkle religious based training of Missourians, or citizens of a country that doesn't have the cajones to free themselves from a King that Americans cast aside with muskets. The country in question probably can't even manufacture those.
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 theluckycountry » Wed 24 Sep 2025, 06:23:36

Well BTC isn't at an all time high, it's 3 months past that. Big Macs are at an all time high though, in the last 30 days aussie Gold has gained $463/oz, or 42 Big macs!

Clearly big macs have to get smaller, lighter, if they hope to maintain the same price. They are already full on non-meats, cheeks and lips, the scrapings from inside the hoofs. It's all 100% Beef like in their ads though.

Do you honestly think this family eats McDonalds? Could you imagine them even preparing their own food!


Image
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 theluckycountry » Wed 24 Sep 2025, 07:35:46

When Empires Die

$this->bbcode_second_pass_quote('', 'G')reat countries are built upon traditional values – industriousness, self-reliance, honour, etc. But empires are distinctly different. Although it may seem to be a moot point, an empire is a great country whose traditional values have led it to become unusually prosperous. There are many countries, both large and small, that are “great” in their formative values, but only a few become empires... but a great country becomes an empire only when its prosperity is sufficient to allow it to branch out – to invade other lands – to plunder their assets and subjugate their peoples.

We tend to grasp, through hindsight, that this is what made the Roman Empire possible. And we accept that the Spanish Empire was created through its invasion of the Americas and the plundering of pre-Columbian gold. And we understand that the tiny island of Britain achieved its empire by covering the world with colonies that it had taken by force. In every case, the pattern was the same – expand, conquer, plunder, dominate.

Teddy Roosevelt, was insatiable in his desire to conquer foreign lands, both near (Nicaragua, Guatemala, El Salvador, Panama, Puerto Rico, Cuba) and far (Hawaii, Philippines, Japan).

The results of his efforts were mostly successful, and although the countries taken were not called colonies, they were certainly intended to be vassal states. And there can be no question the US government’s methods were no kinder than that of the Huns. Some locations, like Hawaii, went fairly peacefully, whilst others, like the Philippines, required brutal slaughter on a grand scale...

At present, the US empire maintains an illusion of dominance, but it cannot withstand a test. A defeat in warfare, a collapse in finance, the loss of the dollar’s reserve currency status, or any one of a host of triggers that are now looming would be sufficient to drop the US to one knee overnight. All that’s needed is for one of the triggers to be pulled.

It matters little what the event will be; it’s sufficient to understand that we are now drawing quite near and that the event is unavoidable. Historically, when an empire dies, all the notes suddenly come due.
The political class of any empire arrogantly depends upon allies to do as they’re told, yet, when a decisive blow is dealt to the empire, those who had once been loyal allies are now as ready to abandon the empire as rats would abandon a sinking ship.
https://internationalman.com/articles/when-empires-die/

And that's where we are now. The Former allies are abandoning the US, even while they pretend to still be onboard. The Europeans going back to their old warmongering ways, Australia pushing back on the regime, Canada giving them the Forks :P


Image
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 » Wed 24 Sep 2025, 09:05:26

$this->bbcode_second_pass_quote('theluckycountry', '[')b]When Empires Die


You can but hope I suppose. But hey, you have chosen to be toadies to the remnants of one. Maybe your boy and his friends can grow a pair and deliver what uneducated normal Australians like you never could. Hope for the future! Although, you inability to say even a moderate nice thing about your own son doesn't support this hope. DId you create just another parrot Lucky, in the mold of all the supplicants that populate your country?

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 theluckycountry » Thu 25 Sep 2025, 03:00:06

Where is the Grasberg Copper mine?

Image

Come on, it's one of the largest Copper mines in the World! And produces a lot of Gold.
It's in Western Papua, Indonesia. Way up in the mountains.
$this->bbcode_second_pass_quote('', 'I')n what Goldman's commodity team dubbed a "black swan event", copper mining giaint Freeport-McMoRan declared force majeure on contracted supplies from its giant Grasberg mine in Indonesia, the second-largest source of the metal, sending prices of the metal soaring.

The US company also cut its copper and gold sales guidance for the quarter, now seeing 4% lower copper sales and 6% lower for gold than July 2025 estimates - as it continues to search for five missing workers following an accident at the site two weeks ago. Two employees are confirmed to have died following a flow of about 800,000 metric tons of mud into Grasberg’s underground levels.
https://www.zerohedge.com/markets/black ... nd-largest

Copper, Dr. Copper, Our techno World runs along it.

Image

Yes yes, PeakCopper, any day now :P
I know certain posters HATE the term Peak, but they are just NPCs in a world of reality. These mines were going to scale back regardless because of PeakDiesel, which is simply a component of Peakoil. Can you imagine how much oil is used to dig that mine up in the sky and get the semi-refined product down to a port? Shit-Tons.

A word from your Prophet.
$this->bbcode_second_pass_quote('', 'E')lon Musk told a closed-door Washington conference of miners, regulators and lawmakers that he sees a shortage of EV minerals coming, including copper and nickel (Scheyder 2019). In 2024, Scheyder wrote a fantastic book about mining. A must read book to understand the impact mining will have on the planet and ...
https://energyskeptic.com/2019/science- ... pper-peak/

Forget your Battcar transition, same for wind and solar, Robots? HaHaHa, for the Rich perhaps. Perhaps they'll pull all the copper wires down from US cities and use that? Soon people won't be able to pay there bills anyway. Homeless people don't have it do they.
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 » Thu 25 Sep 2025, 09:06:50

$this->bbcode_second_pass_quote('theluckycountry', '
')Yes yes, PeakCopper, any day now :P


Well, when it is the morons who pretend that peak oil happened 17 years ago are saying it, they've already squandered their credibility in light of...well..more oil. As far as peak copper, it will follow the same rules that peak oil did. ALL the peak oils, beginning with the ones claimed even in the 19th century. Peak steel was claimed nearly 120 years ago....didn't stop the world from finding more, being more efficient, and worse yet then deciding it could use something else, like aluminum, instead.

Just a little bit of book learning could help anyone out on this topic. Parrots need to learn stuff, then they wouldn't be so easy to identify.
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 theluckycountry » Thu 25 Sep 2025, 10:11:30

Image
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 AdamB » Thu 25 Sep 2025, 12:21:47

$this->bbcode_second_pass_quote('Armageddon', 'I')f they used the real inflation number as their deflator instead of 2.7%, GDP would have been negative for the past decades.


Maybe, maybe not. Can you prove it? I mean like, numbers, calculations, the kind of things you might have been taught in anti-science states, but most of the rest of the country dispenses to children. Is it the church zealotry that requires public schools in Missouri to avoid science and whatnot, or did your parents just want you following in their anti-science ways?
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 theluckycountry » Thu 25 Sep 2025, 13:26:56

Gold in Aussie up 4 Big macs and a Cheeseburger so far today. Unstoppable :o

Image

Technical chart for those with Math skills.

Image
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 » Thu 25 Sep 2025, 15:05:59

Silver hitting $45 is a beautiful thing. Triple digits on the horizon.
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 » Thu 25 Sep 2025, 15:57:11

It's nearly $70 down here, Beautiful Beautiful Silver.
Have a good night there mate.
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 » Fri 26 Sep 2025, 13:13:25

#tripledigitsilver
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 » Fri 26 Sep 2025, 16:35:10

https://x.com/lukegromen/status/1971629 ... aq1VBSCqtg


People have no idea the significance of this.
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 » Fri 26 Sep 2025, 18:15:44

Silver au$ 70.37

Image
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 28 Sep 2025, 21:00:22

Hard assets are going to be key in this new global paradigm shift.
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 29 Sep 2025, 02:03:30

Drumroll please... Gold, $5,792 aussie. The price has doubled in just two years
That's better than Bitcoins performance over the past 4 years :mrgreen:

Naturally that's going from top to top, no need to cherry pick BTC at one of its gut wrenching lows. That's the BS way of doing it.

A Tsunami of Capital Is About to Move Into Gold
by Phoenix Capital Research
$this->bbcode_second_pass_quote('', 'A')s I keep emphasizing, a tectonic shift is taking place in the financial system.

For decades, the dominant theme for portfolio composition was 60/40, meaning investors should allocate 60% of their portfolio to stocks and 40% to bonds. This was literally the gold standard for asset allocation used by Wall Street, financial advisors, and even hedge funds (Ray Dalio’s famed Bridgewater hedge fund was based on this structure).

Not anymore.

For the first time in over half a century, major financial institutions are beginning to advocate allocating capital to precious metals. Mike Wilson the CIO at Morgan Stanley is now advocating for a 60/20/20 allocation: 60% stocks, 20% bonds, and 20% precious metals...
https://www.zerohedge.com/news/2025-09- ... -move-gold

I always knew this time would come, and the following paragraphs miss one important detail. "Paper Gold". At present they don't have the proper vehicles for this demand, Futures contracts etc aren't really a retail play, but they'll come up with something, they always do. And the West will push Gold up into bubble territory briefly. It will certainly be an opportunity to offload some Silver, but not Gold, not unless I want to change my lifestyle dramatically.
$this->bbcode_second_pass_quote('', 'F')or the first time in decades, gold is being seen as legitimate investment by the investing establishment. Which means BILLIONS of dollars in capital will start flowing into the sector.

Consider that the entire gold bullion market (the bullion that is bought and sold every year) is only ~$60 billion and the combined market capitalization of every gold mining stock traded in the U.S. is only $600 billion and you begin to see the potential upside here.
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

PreviousNext

Return to Economics & Finance

Who is online

Users browsing this forum: No registered users and 1 guest

cron