silversky

I must keep getting lost, as I keep trying to get to the NBS, but find myself stumbling onto the Gold Monitoring Cryptocurrency  T.V license Politics Plantagenet Pen Thread.

Has Lidi got a £1.99 special on 3 litres of white lightning I don’t know about? 

There is no debate. There's some on here who don't watch television, then there's the rest, who are all wrong.

So, how's that gold price? It's up one day, down the next... Mad! Isn't it?

who changed the TV licence debate without warning?!

Whataboutism at its best. The typical propagandist tactic saying all the bad things USA had done (yes, they may well have), then conveniently forget to give China a mention. When China is being criticised conveniently bring up the Americans.  Propagandists typically omit certain aspects of the full picture to highlight their desired "fact". 
Always easier to manipulate minds by keeping info out than feeding it in.

Fact 1: India was not a country per se. It was a collection of princely states loosely ruled under a foreign ruler.
Fact 2: Before British came they were ruled by the Muslims (Mughal Empire). The last native ruler was quite a long time ago. Any (anti-west) Indian nationalist will tell you the same.
 

The Belt and Road thing is a backdoor for rich CCP officials to launder money, because it bypassed the strict FX restrictions.
It also ensnared the recipients in debts they can't repay and China can seize their infrastructure.
China had invaded Korea, India, Vietnam, supported the murderous Khmer Rouge
China still systematically supresses civil liberties of its own citizens. China still persecutes Christians, Muslims, and other religious groups. China still culturally erases the Uyghurs, Mongols, etc, etc.
If China is anything of a role model to you, you have serious problems.

So bad are the west, so good China, blah blah blah, you make no mistake which side you're on eh?

A country

The world is a freak show. Some people consider this song to be imperialist or racist propaganda. They forget that not too long ago WE WERE SLAVES. Our Navy and our military forces freed Britain from slavery, that is what this song is about.
Our Christian religion gave us Common Law and this is the foundation that made us and makes us great, both of these are strong themes in 'Rule Britannia'. You can be as resource rich as you want, you can be like the Qataris or Saudis and have more cash than western nations, but without the western societal values and rule of law, those countries are still 'developing' regardless of their perceived wealth
I wonder if we could turn back the clock what would we do about the British Empire, gold and global governance. There is more slavery in 2023 globally than there was in 1807 (British Abolition of the Slave Trade Act) or 1833 (Slavery Abolition Act)
 

What about gold being a Tier-1 asset being bought in record amounts by central banks?
What about gold (and silver) being hard money for several thousand years, still being legal tender in the UK today, with moves in several advanced economies like Texas to make gold and silver hard money once more?
Not many crypto bugs know this but FTX, Celsius, 3 Arrows, Tether, Binance, Coinbase, Terra Luna, Mixin, Euler, ETH Classic, Dogecoin, Axie Infinity, Bored Apes all exist or existed. That they sound like a 12 year old came up with their names and code of ethics is not a bug but a feature. Hard money so it is, if you run a casino, ponzi scheme or underground market

I hate liars, thieves and deceivers, so I'm regularly triggered by claims about crypto and telekinesis. Not a crypto rant but you are 100% correct. If BTC was a perfect entity, or if any crypto was perfect, they would price everything in crypto, not price crypto in fiat. It shows the hypocrisy and the true intentions of those in crypto - make a boatload of fake magic internet money, exchange it for what they consider to be REAL money (fiat) then become rich. Holding a bunch of crypto doesn't make you rich, you need fiat and/or gold and hard assets. Imagine the nerve it takes to call a make believe digital currency that has zero tactile presence in the material world, "hard money". It's so soft you could sleep with the entire world's supply under your mattress. Try doing that with gold, silver or fiat

People buy health insurance, car insurance, pet insurance, business insurance, homeowner insurance, and even life insurance to prepare for life's unexpected curve balls.
They don't think about wealth insurance (gold, silver, certain crypto tokens, other hard asset commodities art/classic cars/whiskey)
or hunger insurance (dehydrated and canned shelf stable foods or mini farming operation if you have the space).
They think hyperinflation is a thing of the past because of modern technology / management techniques prevents it if they think about it all.
My advice is if you can afford wealth / hunger insurance to get it now.

In the above shtf example, gold is only useful for your children.  It's for long after "the disaster", when new governance and monetary accounting starts to establish again.  It time travels wealth.  Land is important, but land is riskier under certain circumstances.  It's easier to confiscate because it's not exactly mobile.  Gold on the other hand can easily be hidden in amounts that denominate serious future wealth, with the intention of one day recovering it for your children.  We keep finding little stashes from different eras where that game has been played.  Just imagine how many anonymous stories have gone untold, of familial gold recovered by children, and quietly used to buy land or influence.  Gold is the ultimate insurance policy.
Gold's other purpose is to keep the accounting of all fiat honest.  By holding in Gold, one is no longer dragged backwards through fiat devaluation, but the same can be said of many limited quantity resources such as land.  You don't get rich in gold, society just gets poorer around you.
Gold bounced off the big $2000 mark, £1582 double bottom from the 12th.  Is the dip over?  Or is a real £100 dip to come?  I'm pretty neutral on it at the moment.

Are we at $400oz yet ?

Land is risky when the revolting peasants have their way. But no one is safe at a societal meltdown, whatever your take on the "Deep State". Beware of TSF members who chant French Revolution 2.0 because they may well be the ones coveting your land, your gold, and your head. 

This is the reality of the curse of gold, most people will not be able to buy enough for the change in price to make any real world difference. 
 
Let’s say the “stackers dream” came true, there’s been that moon moment caused by economic collapse.  
 
Gold is now 5x more over night, is this really life changing?  Not to mention if there is some kind of economic collapse food and medicine will go up factors more than gold and silver.  

Question to all. 
How many X  does gold have to go by to change your life?  Pay the mortgage and all debt off,  or have enough to buy a hyper car and yacht you always dreamed of. 

And the million pound question, the day it goes to the moon…….who gonna buy it?  We will all be millionaires in gold with next to zero means to convert it into other goods and services 🤣
 
I will set my rate now 1 sovereign for one of my tins of beans. 
 
 

It's like American football.  Little moves forwards and backwards.  Pretty dull, but people enjoy drinking beers and discussing those few yards each way, imagining that any moment an impressive break for the the other end of the pitch is about to happen.  And just like precious metals, the game takes ages.... 

In the above shtf example, gold is only useful for your children.  It's for long after "the disaster", when new governance and monetary accounting starts to establish again.  It time travels wealth.  Land is important, but land is riskier under certain circumstances.  It's easier to confiscate because it's not exactly mobile.  Gold on the other hand can easily be hidden in amounts that denominate serious future wealth, with the intention of one day recovering it for your children.  We keep finding little stashes from different eras where that game has been played.  Just imagine how many anonymous stories have gone untold, of familial gold recovered by children, and quietly used to buy land or influence.  Gold is the ultimate insurance policy.
Gold's other purpose is to keep the accounting of all fiat honest.  By holding in Gold, one is no longer dragged backwards through fiat devaluation, but the same can be said of many limited quantity resources such as land.  You don't get rich in gold, society just gets poorer around you.
Gold bounced off the big $2000 mark, £1582 double bottom from the 12th.  Is the dip over?  Or is a real £100 dip to come?  I'm pretty neutral on it at the moment.

In the above shtf example, gold is only useful for your children.  It's for long after "the disaster", when new governance and monetary accounting starts to establish again.  It time travels wealth.  Land is important, but land is riskier under certain circumstances.  It's easier to confiscate because it's not exactly mobile.  Gold on the other hand can easily be hidden in amounts that denominate serious future wealth, with the intention of one day recovering it for your children.  We keep finding little stashes from different eras where that game has been played.  Just imagine how many anonymous stories have gone untold, of familial gold recovered by children, and quietly used to buy land or influence.  Gold is the ultimate insurance policy.
Gold's other purpose is to keep the accounting of all fiat honest.  By holding in Gold, one is no longer dragged backwards through fiat devaluation, but the same can be said of many limited quantity resources such as land.  You don't get rich in gold, society just gets poorer around you.
Gold bounced off the big $2000 mark, £1582 double bottom from the 12th.  Is the dip over?  Or is a real £100 dip to come?  I'm pretty neutral on it at the moment.

In an inflationary environment PMs will indeed go 'up' X% just like so many other items.
In a financial collapse/reset they will not, as the measure of change will not be valid anymore. There will be a replacement.
And yes, in a famine situation, it is reasonable to exchange a sovereign for a tin of beans. "A horse, a horse, my kingdom for a horse!"
Not too far ago (Nazi occupation) some fortunes in gold and silver changed hands for a sack of flour as some wealthy families were unprepared for a famine. You can eat neither sovereigns nor silver spoons  - family wealth passed through generations was exchanged for food : from gold to house deeds. Famine is a biatch

Bit like wishing your house burns down, to 'get value' out of your home insurance payments

There’s so many benefits with gold,  not so much with silver but that’s just my opinion.
There is a bonkers philosophy with some PM holders.  They get a bit and then almost wish for some kind of economic crash or war that will make them rich……It’s a stunningly stupid and shortsighted ideology. 

Just look at some of the conversations on FB 🤣 
 
 

It's like American football.  Little moves forwards and backwards.  Pretty dull, but people enjoy drinking beers and discussing those few yards each way, imagining that any moment an impressive break for the the other end of the pitch is about to happen.  And just like precious metals, the game takes ages....