You know who I am talking about. They will bring war with this latest show of cowardice.
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Join contest SubscribeI am ashamed for my state.
This occured to me yesterday. Arizona needs to check their water supply......freakin Flake just validated every slimey dirty tactic of these Marxist leftist Democrats.Well Arizona sure knows how to send RINOs and Deep state people to the Senate.
Both McStain and Flake hail from that state.....
I doesn't give me good feelings about the state and the voters there.......
This occured to me yesterday. Arizona needs to check their water supply......freakin Flake just validated every slimey dirty tactic of these Marxist leftist Democrats.
Flake is done. He is not running again so he doesn’t care. Keep an eye on what private sector job he ends up at. A backdoor deal was made ......I said it two days ago, yesterday and today. If I am wrong, I will gladly admit it.
Kavanaugh is done...he will never get in.
I was sent some stuff by a friend...can't substantiate it. Maybe I need a thicker tinfoil hat but...
View attachment 6949566View attachment 6949567
I said it two days ago, yesterday and today. If I am wrong, I will gladly admit it.
Kavanaugh is done...he will never get in.
I was sent some stuff by a friend...can't substantiate it. Maybe I need a thicker tinfoil hat but...
View attachment 6949569
View attachment 6949566View attachment 6949567
Flake is done. He is not running again so he doesn’t care. Keep an eye on what private sector job he ends up at. A backdoor deal was made ......
Too many people buy into "there will be some governmental authority" that gives precious metals a value.
What you were watching was a stop-gap measure employed in case the Kavanaugh/Ford circus backfired/didn't bear fruit.I just watched this and nearly smashed my fucking laptop
https://www.theguardian.com/us-news...t-jeff-flake-over-support-for-kavanaugh-video
@W54,
Yes, you just have to survive long enough for that metal to be of value, historically. So true.
I just watched this and nearly smashed my fucking laptop
https://www.theguardian.com/us-news...t-jeff-flake-over-support-for-kavanaugh-video
Re the two above posts:
AND THIS IS NOT POINTED AT THE TWO POSTERS !!!!!
The possessor of silver and gold for currency and trade in a conflict must of necessity be armed to keep it,
for if that person has the trade goods others need for survival, and expects to trade said goods for silver and gold, then of greater necessity must be armed to keep those survival goods.
And when needing sleep, needs trusted armed guards to guard them, the silver/gold, and survival goods, because all it takes is one shot to the head and the shooter takes silver/gold, survival goods, and the deceaseds' arms and moves on.
The only time precious metals count is when the authority that establishes order after the conflict, gives a monetary or trade value to those metals.
In a real shitstorm, afterwards, iron to make tools is more valuable than soft precious metals.
Too many people buy into "there will be some governmental authority" that gives precious metals a value.
A rock you can beat an attacker off with is much more valuable than a gold bar not big enough to pop the attackers pimple...
Moving on...
Sound advice. If gold and silver prices weren’t so crazily inflated I would likely acquire a good bit, of for no other reason than for my wealth to survive devaluation of US currency, which I see as a real possible outcome of Trump’s trade ‘war’ with China.
But imo, if we’re in a situation that sees currency and credit suspended, goods like ammo, food, clothes, boots etc will be more liquid than gold/silver. I believe ammunition will be the new currency in a situation like that.
And Army Jerry will be Goldman Sachs lol.
Re the two above posts:
AND THIS IS NOT POINTED AT THE TWO POSTERS !!!!!
The possessor of silver and gold for currency and trade in a conflict must of necessity be armed to keep it,
for if that person has the trade goods others need for survival, and expects to trade said goods for silver and gold, then of greater necessity must be armed to keep those survival goods.
And when needing sleep, needs trusted armed guards to guard them, the silver/gold, and survival goods, because all it takes is one shot to the head and the shooter takes silver/gold, survival goods, and the deceaseds' arms and moves on.
The only time precious metals count is when the authority that establishes order after the conflict, gives a monetary or trade value to those metals.
In a real shitstorm, afterwards, iron to make tools is more valuable than soft precious metals.
Too many people buy into "there will be some governmental authority" that gives precious metals a value.
A rock you can beat an attacker off with is much more valuable than a gold bar not big enough to pop the attackers pimple...
Moving on...
Sound advice. If gold and silver prices weren’t so crazily inflated I would likely acquire a good bit, of for no other reason than for my wealth to survive devaluation of US currency, which I see as a real possible outcome of Trump’s trade ‘war’ with China.
I plan to survive long enough to TCB anything longer than that you will be on the losing side. You wont be motivated enough to do what needs doing if you are sitting on tons of gold and stockpiles of food that nails you in place and makess you automatically on the defense.
I'd actually suggest the opposite is currently true. The real price of Gold and Silver are artificially suppressed by the huge amount of "paper" gold and silver, which trades just like money... and while people say it's held somewhere... everybody knows it's not really there... Pretty much "fractional reserve". You'll find that out if you decide to want to take delivery of a really big block of gold or silver, it takes forever to get together & ship for you.
Now if the "Paper" was to disappear or all get called in, the value of physical gold / silver would be much higher.
But just about everybody trades "paper" gold & silver except for the few nutcases that want the actual metals in their hands... like us...
There is even talk that a lot of the big bullion bars that central banks have are actually fakes, but the agreement is that everybody agrees not to inspect and to take it at face value and everybody else will then take theirs at face value since it's just to provide a balanced equation on an agreed spreadsheet arrangement of credit and collateral.
It is a good hedge against hyper inflation to a certain point, but not great as a hedge against inflation, as the price is manipulated through "paper gold" and "paper silver" to keep it in check, so it's kind of like any other commodity right now. Nice to have, but as an actual long term investment, physical gold/silver is performing about the same as leaving your cash in the bank.
What do you mean? They are in contango across the board. You wouldn’t see backwardation in metals unless silver went on a 50% tear.An interesting idea for spot/futures to trade in backwardation as the curve for metals should generally be in contango to account for storage and interst rates vs future delivery. Almost makes me want to go buy some time spreads ahead of the Nov elections for shits and giggles in case AJ gets on the trigger. One thing that I think can be counted on for gold outright is that if the Evils do come out on top (just through up in mouth a little as I typed that), equities and the dollar will almost certainly shit the bed, taking commodity prices higher.
What do you mean? They are in contango across the board. You wouldn’t see backwardation in metals unless silver went on a 50% tear.
As another note to respond to w54’s post above, yes, the metals are artificially tamed. It is conjecture, but I am fairly certain that some clandestine entity under guidance of the federal reserve has a blank check to knock the prices down when they heat up. You can see it in the price action. Major short positions that just keep getting added to
This is a very small probability event, as it is heavily manipulated. The exchange would just shut down the buy side of the market just like they did around ‘81 in silver.Yes, spreads are all currently in contango...as they should be. My comment was based on the notion that physical gold would command a premium if suddenly all the futures longs took it to cash without the intention of redelivering in the future...eg, it gets pulled from the system so carry economics cease to be relevant. A black swan event.
Also, there is no way they would be able to deliver even half of the open interest in metalsYes, spreads are all currently in contango...as they should be. My comment was based on the notion that physical gold would command a premium if suddenly all the futures longs took it to cash without the intention of redelivering in the future...eg, it gets pulled from the system so carry economics cease to be relevant. A black swan event.
Also, there is no way they would be able to deliver even half of the open interest in metals