Bix Weir / sgt

Part 3 mentions Perth Mint.

Bix says Perth Mint have just announced they are not making any more silver coins because they don't have any silver left.

Would anyone like to confirm, deny... or provide the actual statement?

Listen from 10:20 for Perth Mint info.

http://www.youtube.com/watch?v=XBF8frSUXUA
 
SilverSale said:
Bix says Perth Mint have just announced they are not making any more silver coins because they don't have any silver left.

Would anyone like to confirm, deny... or provide the actual statement?]
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From: http://www.perthmintbullion.com/Blog/Blog.aspx

Our decision to suspend production of 10oz and 5oz silver bullion coins in December was certainly the right call. It enabled us to concentrate capacity on the most popular weights kilos and 1oz.

Even though it was a tough decision to trim the range, it's paying dividends to our customers now. As others mints are talking about rationing, we're still accepting all wholesale orders for these coins.
Click to expand...

Bix Weir is talking out of his *cough*.

Again.
 
Hmmm.. possible.

Was aware of that (even bought some 10oz 2011 kook's).

The fact he said 'just announced' made me think there was something more recent - in the last few days/weeks.
 
Bix is on drugs if he thinks the Perth Mint have (a) stopped making silver coins, and (b) are out of silver.

I love his Road to Roota theory (makes for a great read), but he has gone too far with this Perth Mint thing.
 
I had a to and fro email conversation with him about the Mint and kept on countering his beliefs about us and then he just stopped replying when I hit him with http://www.scribd.com/doc/47066031/...-Aug-1997-Reserve-Bank-of-Australia-Gold-Sale as proof that the Mint is not in the know about central bank actions and we are just a regional Mint getting on with making physical.

IMO he is not really after the truth. I didn't expect him to agree with me, but you'd think he would want to grill me as much as possible. I will blog on my exchange with him at some point when I get the time.
 
Well hes right about future of mines, imo. Very similar thing was said by ANOTHER, a good while ago.

[edit]: ANOTHER was saying about gold mines, but i think silver could be put there as well.
 
donpaulo said:
they lost me on the oil comment

like its dinosaurs or nothing ?

complete pablum
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I think what they were alluding to, was that a fossil fuel such as oil may not actually be made of fossils (e.g. dead dinosaurs) ... the earth is constantly generating new oil.

Not saying I agree with this, just saying this is what they were talking about.
 
rbaggio said:
donpaulo said:
they lost me on the oil comment

like its dinosaurs or nothing ?

complete pablum
Click to expand...

I think what they were alluding to, was that a fossil fuel such as oil may not actually be made of fossils (e.g. dead dinosaurs) ... the earth is constantly generating new oil.

Not saying I agree with this, just saying this is what they were talking about.
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Yep, but it's also irrelevant. Even if oil is formed from non-organic substances down in the earth's mantle somewhere it doesn't mean that peak oil doesn't exist unless it's being generated MUCH faster than even the serious proponents of the abiotic oil theory speculate.
 
donpaulo said:
Yep, but it's also irrelevant. Even if oil is formed from non-organic substances down in the earth's mantle somewhere it doesn't mean that peak oil doesn't exist unless it's being generated MUCH faster than even the serious proponents of the abiotic oil theory speculate.
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Yes i had a discussion about peak oil with someone who said, 'don't worry oil is abiotic'. Which i don't totally discredit but rate of oil production of abiotic oil has to be massive to make a difference. And massive rate of increase would be very easy to see. So abiotic or biotic we are in the poo
 
thatguy said:
Yes i had a discussion about peak oil with someone who said, 'don't worry oil is abiotic'. Which i don't totally discredit but rate of oil production of abiotic oil has to be massive to make a difference. And massive rate of increase would be very easy to see. So abiotic or biotic we are in the poo
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The Rrussians came up with the theory of Abiotic oil in the 1950's, and there was a lot of evidence that they may have been right. In USA a lot of Mom and Pop Strip pumping operations make their living buying up old lease's of depleted oil wells, There are many cases where wells that were pumped dry 50-60 yrs ago when re-entered it was found that the resiviors had filled up again. Lots argued that the oil had seeped through horizontally from adjacent undiscovered wells, but drilling all round these sites to find these undiscovered wells found nothing..
I was roughnecking on Offshore drilling Rigs in the 70's, even then I think the oil companys knew the truth, as often we would drill until we struck Country Rock (Bedrock - and there were no sedimentary layers under this stuff.) and often we would keep drilling for another 1000 ft - At $100k a day (in the 70's) you just didn't drill holes through rock for fun.
The Russians proved the point in Vietnam - after the Americans went all over the country and declared the place 'Barren' of any Oilfields, the Russian's offered to drill for oil for free, if wells were dry it would cost Vietnam nothing, if they found oil they would take a small percentage of the oil. They did many deep holes (40,000+ ft) and struck oil on just about all of them.
The final bit of proof has been found lately with these deep ocean hot water vents, they have detected all the basic building blocks of hydrocarbons in these ocean vents.
 
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