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Today I brought home a 10oz pig, thus completing the porcine family of kilo, 10oz, 5oz, 2oz and 1oz. 20230419_195607 by SilverNGold posted Apr 19, 2023 at 7:57 PM "We know you like silver, but you don't have to be a pig about it!" LOL. N.b. half oz does not count, I never know what to do with...

Mmm...... The 1962 Cuban Misslie Crisis between USA and Russia involved a blockade of Cuba by the US. According the Wikipadea, 'blockade' by definition is an act of war, so the term 'quarantine' was used .

Nobody likes to buy something and then to see the price drops immediately after. Call it human frailty. We tend to value our possessions by what the market values them at the moment. You are right of course. I should treat it as buying a mansion or farm or a ticket on the escape rocket ship...

Would rising commodity prices cause the AUD to rise more than the USD gold price rises, and thus lower the AUD gold price? Or will commodity prices fall due to global economic slowdown cause the AUD to sink further and thus raise the AUD gold price? It is all very confusing. I think I will...

Too big to fall versus too small to bail.

I just bought a Perth Mint kilo bar and like the swirling pour lines so much that i made it my new wallpaper on my phone: 20230324_150055 by SilverNGold posted Mar 24, 2023 at 3:03 PM It looks like a planet on an orbit, Jupiter? Or a planet approaching the event horizon of a black hole. And...

South China Sea incident?

Is there a XRF machine for the blows and eh.... casual companions?

This somehow gives me a picture of how our bodies function, with blood and oxygen providing the liquidity like money and credit. The banks are the major organs, too vital to lose, to big to fail. Unless if it is a toe, finger or even an entire limb that can he amputated. Or a kidney which we can...

So... The geniuses in Silicon Valley are letting idiots manage their money? Maybe it is time to consider starting a bank run by chatGPT. I heard it is pretty clued on.

I thought there were discussions about SVB having too much long maturity treasury bonds and these bond prices dropped rapidly due to the rapidly increasing interest rate by the Fed to fight inflation. SVB failed to hedge against rising interest rates. Large depositors (tech founders) were...

It is all funny money, the rich people do no want to work, the starving and homeless masses, the mortgage and lifestyle slaves, the aspirants to join the rich are toiling endlessly to earn increasingly worthless papers. What could go wrong?

The Yellen clip is shown within the Rich Dad Radio show (within first few minutes) posted by herkyderky at 6:46am today in this thread. The whole discussion is worth watching. It is going to be interesting to see what happens when the new week starts in the US.

It is.......complicated.... ?