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Kman

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  • Posts

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Reputation Activity

  1. Haha
    Kman got a reaction from ArgentSmith in Flipping art, easy money   
    Excellent guess, was £4,200.00
    £4.2k for a print of tetris pixel art of someone else's art 
  2. Like
    Kman got a reaction from spoon in The coming Gold crash   
    Thanks, this just confused me more 🙈
    Why is gold going down because money has been lost for sweets?
    I'm not even sure what gold is in this analogy.. the sweets? 🙈 why would the sweets cost less because someone lost their money?
  3. Like
    Kman got a reaction from pricha in Fake or Underweight Gold Britannias?   
    I'm sure since they're from a reputable dealer they're fine, but as others have advised, loads of tests you can do to put your mind at rest
    You could always take them to a jewelers and have them tested too, probably preferably via a machine rather than acid 
    Always best to check your coins as soon as you get them; it's a lesson I too have learned 
     
     
  4. Like
    Kman got a reaction from Dakaras in Flipping art, easy money   
    I actually did it myself on photoshop
    Used Cara Delevingne's side portrait, smoke paintbrushes, a little inner shadow and ta da lol.  
     
  5. Like
    Kman reacted to paulmerton in Today I Received.....   
    Not exactly precious metals, but not particularly cheap either!
    A pair of 1.5-inch solid metal cubes.
    The tungsten one weighs exactly 1kg, which feels unearthly heavy for something so small (unless you happen to have a 1kg gold bar!). In contrast, the aluminium (sorry, aloominum) cube feels unfathomably light and it's hard to believe it's not hollow.


  6. Like
    Kman got a reaction from FlorinCollector in Silver Monitoring Thread £ (GBP) only.   
    Did you read my earlier post with the charts? you can see what happens when theres ample liquidity pre financial crisis and what happens when theres not post
    If no financial crisis China wouldnt care about a new reserve currency because they would still be growing exponentially
    How can March 2020 happen, a liquidity crisis, if theres so much cash?
    Tell me if this is wrong
    "Food prices are likely to soar next year after record-high gas prices forced fertiliser manufacturers to halt production, experts have warned."
    Are current gas prices anything to do with too much currency?
    Are high shipping container costs  anything to do with too much currency? Or is it shutting things down with lockdowns and expecting to reopen like nothing happened
    Kdave talked about it a lot with oil to his credit but it seems to have caused problems with a lot more
  7. Haha
    Kman got a reaction from SidS in Silver Monitoring Thread £ (GBP) only.   
    Problems with supply is nothing to do with currency though and should be transitory*
  8. Like
    Kman got a reaction from FlorinCollector in Silver Monitoring Thread £ (GBP) only.   
    Arent a lot of covid schemes in the UK coming to an end now? furlough, seiss etc; Ive seen a lot of people unhappy on twitter over £20 being cut from universal credit
    Ive not kept up to date with the US stuff but just checking I see the US supreme court has overruled a ban on evictions and also covid unemployed benefits have been stopped September 6th
    So yes seems like a lot of help is coming to end, but thats ok because im sure everyone will be employed and wanting to spend spend spend right? and it will be a very hot economy leading to some very inflationary conditions 🥵
    Or is it people tend to focus on what governments and central banks are doing too much and not whats missing and why theyre having to do anything in the first place, hint: its not because things are going well and conditions are inflationary
    This picture just says it all

    Where would consumer and business debt be no financial crisis? theres missing trillions that would would have been created otherwise
    You can see the same for business, for imports, to countries GDP
    Look at Chinas GDP, from growing 14% in 2007 to, by their standards, barely growing at 6% in 2019, why the slow down?? a decade after US QE started, wow the Feds balance sheet goes up lets focus on that.. meanwhile the real world shows something is missing
    Can you really look at this stuff and deny reality that its deflationary? 
    You guys are obsessed with central banks and Powell, I love Jeff Snider. 

  9. Like
    Kman got a reaction from HawkHybrid in Silver Monitoring Thread £ (GBP) only.   
    Problems with supply is nothing to do with currency though and should be transitory*
  10. Like
    Kman got a reaction from TommyTwoShots in Silver Monitoring Thread £ (GBP) only.   
    Give me some data to back this up?
    Every chart I look at tells the same tale, running hot up until 2007/8 then not so good since; We seem in a way less inflationary period than pre financial crisis, quite the opposite in fact
    The more I look and learn the less I understand this fixation with inflation, seems like a made up dream by people who dont understand Fed QE is bank reserves 
     
  11. Like
    Kman got a reaction from dicker in Silver Monitoring Thread £ (GBP) only.   
    Give me some data to back this up?
    Every chart I look at tells the same tale, running hot up until 2007/8 then not so good since; We seem in a way less inflationary period than pre financial crisis, quite the opposite in fact
    The more I look and learn the less I understand this fixation with inflation, seems like a made up dream by people who dont understand Fed QE is bank reserves 
     
  12. Like
    Kman got a reaction from TommyTwoShots in Silver Monitoring Thread £ (GBP) only.   
    The US had to lend dollars to Europe to rebuild after WW2
    Offshore unregulated currency where a free market could decide how best to do things is always going to come up with a better system than a stuffy government
    By the 70s the US didnt even know how many dollars there were so how could they still accept them for gold
    The Eurodollar / repomarket became an amazing tool for economic growth, if you view currency like oil then the more you have of it the more energy to get things done, if you have a limited supply then you cap growth
    Look at the rise of China with the eurodollar and then how it stalled since 2007/8
    I think where you and others get it wrong is you think money = has to be a store of value, but what about its role as a tool? that is more important to the global ecomony, growth and trade; its aspect as a tool that is its value
    If you have a gold standard then you gain a store of value but lose its value as a tool
     
  13. Like
    Kman reacted to Martlet in Silver Monitoring Thread £ (GBP) only.   
    It's about people who want their personal ideals on economics to be real, even if the world has moved to a different place with different rules.  The debt that the world lives on wont disappear, its how economies function now.  No country would return to hard money, except out of desperation - their control and currency is in such a poor state that they need to secure it with something.  
  14. Like
    Kman got a reaction from TommyTwoShots in Silver Monitoring Thread £ (GBP) only.   
    So many reasons this is fantasy
    China are known to manipulate their own currency to be favourable to them
    Why would any government want to tie their hands with a gold standard?
    The world runs on the repo market and eurodollar system, liquidity being king; how liquid is a gold standard? wouldnt  it be devastatingly deflationary 
    How much global debt is there that needs to be paid in dollars? not gold yuan, dollars
    If no more eurodollar system no more needs for treasuries as collateral, governments would be totally f**cked no? its impossible to pay off the debt you need to issue more, how would that work on a gold standard, who is going to forgive these debts?
    Its like saying we could all switch to green energy tomorrow and leave fossil fuels behind, you need to ignore all the realities of the world to think thats possible
     
     
     
     
  15. Like
    Kman got a reaction from Gruff in Silver Monitoring Thread £ (GBP) only.   
    So many reasons this is fantasy
    China are known to manipulate their own currency to be favourable to them
    Why would any government want to tie their hands with a gold standard?
    The world runs on the repo market and eurodollar system, liquidity being king; how liquid is a gold standard? wouldnt  it be devastatingly deflationary 
    How much global debt is there that needs to be paid in dollars? not gold yuan, dollars
    If no more eurodollar system no more needs for treasuries as collateral, governments would be totally f**cked no? its impossible to pay off the debt you need to issue more, how would that work on a gold standard, who is going to forgive these debts?
    Its like saying we could all switch to green energy tomorrow and leave fossil fuels behind, you need to ignore all the realities of the world to think thats possible
     
     
     
     
  16. Like
    Kman got a reaction from daca in Silver Monitoring Thread £ (GBP) only.   
    So many reasons this is fantasy
    China are known to manipulate their own currency to be favourable to them
    Why would any government want to tie their hands with a gold standard?
    The world runs on the repo market and eurodollar system, liquidity being king; how liquid is a gold standard? wouldnt  it be devastatingly deflationary 
    How much global debt is there that needs to be paid in dollars? not gold yuan, dollars
    If no more eurodollar system no more needs for treasuries as collateral, governments would be totally f**cked no? its impossible to pay off the debt you need to issue more, how would that work on a gold standard, who is going to forgive these debts?
    Its like saying we could all switch to green energy tomorrow and leave fossil fuels behind, you need to ignore all the realities of the world to think thats possible
     
     
     
     
  17. Like
    Kman got a reaction from FlorinCollector in Silver Monitoring Thread £ (GBP) only.   
    So many reasons this is fantasy
    China are known to manipulate their own currency to be favourable to them
    Why would any government want to tie their hands with a gold standard?
    The world runs on the repo market and eurodollar system, liquidity being king; how liquid is a gold standard? wouldnt  it be devastatingly deflationary 
    How much global debt is there that needs to be paid in dollars? not gold yuan, dollars
    If no more eurodollar system no more needs for treasuries as collateral, governments would be totally f**cked no? its impossible to pay off the debt you need to issue more, how would that work on a gold standard, who is going to forgive these debts?
    Its like saying we could all switch to green energy tomorrow and leave fossil fuels behind, you need to ignore all the realities of the world to think thats possible
     
     
     
     
  18. Haha
    Kman reacted to sixgun in Silver Monitoring Thread £ (GBP) only.   
    We hear from a Silver Institute sponsor Keith Neumeyer who is on the inside track that the Silver Institute is making numbers up. Their report is virtually worthless. No-one knows some of the numbers and the refiners keep some of the numbers a trade secret. i posted the video here - The 'actual evidence' is actually fictional figures. The precious metal market is rigged. It is a currency market not a commodity market. If silver were just something used in electrical devices (as some people actually think) then the need to manipulate the price would be much less. But it isn't a commodity, it is a currency, its money. Gold is a currency. Currencies are all managed. There is 'fiat' gold and silver - the paper metals which are created out of thin air.

    All currencies are managed. The USD is defended by managing all other currencies. The USD is a matter of absolute importance. It is the life blood of the Western financial system. Gold and silver have to be manipulated to keep a shine on the dollar and by extension other fiat. 
    If gold went to $5000 next week - if the Chinese said we are backing the yuan with gold and we are revaluing that gold. The USD would disintegrate the same morning. It would turn the world on its head. The current powers will fight and fight against the metals - they have to or their system evaporates. If you do not grasp that, none of what i say or what some others say can make any sense.
  19. Like
    Kman got a reaction from FlorinCollector in Silver Monitoring Thread $ (USD) only   
    Rehashing the same old tired conversations, this is a silver monitoring thread
    But no I dont think the world revolves around the Fed, it revolves around the repomarket and eurodollars
    It revolves staggering debt needing to be repaid in dollars, global trade in dollars, great demand for: dollars
    Also great demand for US debt, US treasuries as collateral to unlock liquidity aka dollars
    The system is set up to need dollars so how can they ever be worthless, just a total lack of understanding about how it works
    You believe the Fed PR that theyre all powerful, not me. 
     
  20. Like
    Kman got a reaction from HawkHybrid in Silver Monitoring Thread $ (USD) only   
    It means the momentum is positive 
    Especially when the 50/100/200 are under in correct alignment
    Do you need any more help? 
  21. Like
    Kman got a reaction from Bigmarc in Silver Monitoring Thread $ (USD) only   
    This is from Friday but I can be bothered to do a new screenshot
    This line breaking is bad, bearish

     
    On the flip side the dollar is looking good with all its moving averages back in line, above its 200dma
    The best the dollar has looked in the past 14 months or so
    The dollar being in trouble is pure fantasy
     

     
     
  22. Haha
    Kman reacted to Minimalist in Silver Monitoring Thread $ (USD) only   
    I know they cant but how on earth are they going to deny the inflation this time round?
    If they dont put up rates - we are going to witness hyperinflation.
  23. Like
    Kman got a reaction from Bigmarc in $30 Silver........when?   
    This line being broken is negative
    Losing the 200dma around the start of August is negative
    It looks as though sub $20 is far more likely next than $30+, which if you like to buy silver is positive 
     

  24. Like
    Kman got a reaction from FlorinCollector in $30 Silver........when?   
    This line being broken is negative
    Losing the 200dma around the start of August is negative
    It looks as though sub $20 is far more likely next than $30+, which if you like to buy silver is positive 
     

  25. Like
    Kman got a reaction from GoldStandardPartyUK in $30 Silver........when?   
    This line being broken is negative
    Losing the 200dma around the start of August is negative
    It looks as though sub $20 is far more likely next than $30+, which if you like to buy silver is positive 
     

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