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When Foreign Companies who are building extremely complex products, machines, and various other rCLthings,rCY come into the United States with massive Investments, I want them to bring their people of expertise for
a period of time to teach and train our people how to make these very
unique and complex products, as they phase out of our Country, and back
into their land. If we didnrCOt do this, all of that massive Investment
will never come in the first place rCo Chips, Semiconductors, Computers, Ships, Trains, and so many other products that we have to learn from
others how to make, or, in many cases, relearn, because we used to be
great at it, but not anymore. For example, Shipbuilding, where we used
to build a Ship a day and now, we barely build a Ship a year. I donrCOt
want to frighten off or disincentivize Investment into America by
outside Countries or Companies. We welcome them, we welcome their
employees, and we are willing to proudly say we will learn from them,
and do even better than them at their own rCLgame,rCY sometime into the not too distant future!
https://truthsocial.com/@realDonaldTrump/posts/115204049358078594
Great marketing speech, Small Hands! "We'll give you the money, know-
how, and off to Quantamo we eff!"
On 16.9.2025 19.57, Pelle Svansl||s wrote:
When Foreign Companies who are building extremely complex products,
machines, and various other rCLthings,rCY come into the United States with >> massive Investments, I want them to bring their people of expertise
for a period of time to teach and train our people how to make these
very unique and complex products, as they phase out of our Country,
and back into their land. If we didnrCOt do this, all of that massive
Investment will never come in the first place rCo Chips, Semiconductors,
Computers, Ships, Trains, and so many other products that we have to
learn from others how to make, or, in many cases, relearn, because we
used to be great at it, but not anymore. For example, Shipbuilding,
where we used to build a Ship a day and now, we barely build a Ship a
year. I donrCOt want to frighten off or disincentivize Investment into
America by outside Countries or Companies. We welcome them, we welcome
their employees, and we are willing to proudly say we will learn from
them, and do even better than them at their own rCLgame,rCY sometime into >> the not too distant future!
https://truthsocial.com/@realDonaldTrump/posts/115204049358078594
Great marketing speech, Small Hands! "We'll give you the money, know-
how, and off to Quantamo we eff!"
And whattayouknow. Who do you think swallowed the bait? And then some.
The blue eyed Finnskies have agreed to build seven icebreakers in the US.
It's almost as if Trump knew who he was talking about!
This one's for JD: https://pbs.twimg.com/media/G29QAmIXoAAWi_g?format=jpg&name=900x900
This one's for JD: https://pbs.twimg.com/media/G29QAmIXoAAWi_g?format=jpg&name=900x900
TT kirjoitti 11.10.2025 klo 13.24:
This one's for JD:
https://pbs.twimg.com/media/G29QAmIXoAAWi_g?format=jpg&name=900x900
"SOMEONE JUST OPENED A #BITCOIN SHORT 30 MINS BEFORE TRUMP'S
TARIFF
ANNOUNCEMENT AND JUST CLOSED WITH $88,000,000 PROFIT
HE OPENED THIS ACCOUNT TODAY"
https://x.com/Vivek4real_/status/1976787212491801051
A bit of insider trading in Trump world?
Anyway, what's the nonsense about crypto being a hedge for
anything...
Gold - now *that* is a hedge.
TT kirjoitti 11.10.2025 klo 13.24:
This one's for JD:
https://pbs.twimg.com/media/G29QAmIXoAAWi_g?format=jpg&name=900x900
"SOMEONE JUST OPENED A #BITCOIN SHORT 30 MINS BEFORE TRUMP'S
TARIFF
ANNOUNCEMENT AND JUST CLOSED WITH $88,000,000 PROFIT
HE OPENED THIS ACCOUNT TODAY"
https://x.com/Vivek4real_/status/1976787212491801051
A bit of insider trading in Trump world?
Anyway, what's the nonsense about crypto being a hedge for
anything...
Gold - now *that* is a hedge.
TT <TT@dprk.kp> writes:
TT kirjoitti 11.10.2025 klo 13.24:
This one's for JD:
https://pbs.twimg.com/media/G29QAmIXoAAWi_g?format=jpg&name=900x900
"SOMEONE JUST OPENED A #BITCOIN SHORT 30 MINS BEFORE TRUMP'S TARIFF
ANNOUNCEMENT AND JUST CLOSED WITH $88,000,000 PROFIT
HE OPENED THIS ACCOUNT TODAY"
https://x.com/Vivek4real_/status/1976787212491801051
A bit of insider trading in Trump world?
Anyway, what's the nonsense about crypto being a hedge for anything...
Gold - now *that* is a hedge.
er.... https://www.ecoticias.com/en/700-quintillion-in-cosmic-gold-nasa- see/20577/
jdeluise kirjoitti 11.10.2025 klo 23.44:
TT <TT@dprk.kp> writes:
TT kirjoitti 11.10.2025 klo 13.24:er.... https://www.ecoticias.com/en/700-quintillion-in-cosmic-gold-nasa-
This one's for JD:
https://pbs.twimg.com/media/G29QAmIXoAAWi_g?format=jpg&name=900x900
"SOMEONE JUST OPENED A #BITCOIN SHORT 30 MINS BEFORE TRUMP'S
TARIFF
ANNOUNCEMENT AND JUST CLOSED WITH $88,000,000 PROFIT
HE OPENED THIS ACCOUNT TODAY"
https://x.com/Vivek4real_/status/1976787212491801051
A bit of insider trading in Trump world?
Anyway, what's the nonsense about crypto being a hedge for
anything...
Gold - now *that* is a hedge.
see/20577/
Oh, no, the value is gone even before I invested in it. Damn. :)
Seriously, takes 6 years to fly there, and the window with Mars
propulsion opens every 2 years. Psyche isn't even coming back,
which
would be even more complicated.
So I guess we could all bathe in gold at earlies in about 20
years?
Of course we may need a couple decades more to master space
mining. Unless the chinese can do that already.
So yes, the current problem will be whether the gold price will
fall
after I buy it & to choose between gold britannia, buffalo or
maple
leaf. Or the cheaper option of gold bar.
Wisest would likely be to put money in gold etf but what's the
fun in that!
But by Jove the price is high currently. One oz (31g) gold coin
is
currently 4000 dollars, and little less euros. One coin.
TT <TT@dprk.kp> writes:
jdeluise kirjoitti 11.10.2025 klo 23.44:
TT <TT@dprk.kp> writes:
TT kirjoitti 11.10.2025 klo 13.24:er.... https://www.ecoticias.com/en/700-quintillion-in-cosmic-gold-nasa- >>> see/20577/
This one's for JD:
https://pbs.twimg.com/media/G29QAmIXoAAWi_g?format=jpg&name=900x900
"SOMEONE JUST OPENED A #BITCOIN SHORT 30 MINS BEFORE TRUMP'S TARIFF
ANNOUNCEMENT AND JUST CLOSED WITH $88,000,000 PROFIT
HE OPENED THIS ACCOUNT TODAY"
https://x.com/Vivek4real_/status/1976787212491801051
A bit of insider trading in Trump world?
Anyway, what's the nonsense about crypto being a hedge for anything... >>>> Gold - now *that* is a hedge.
Oh, no, the value is gone even before I invested in it. Damn. :)
Seriously, takes 6 years to fly there, and the window with Mars
propulsion opens every 2 years. Psyche isn't even coming back, which
would be even more complicated.
So I guess we could all bathe in gold at earlies in about 20 years?
Of course we may need a couple decades more to master space
mining. Unless the chinese can do that already.
So yes, the current problem will be whether the gold price will fall
after I buy it & to choose between gold britannia, buffalo or maple
leaf. Or the cheaper option of gold bar.
Wisest would likely be to put money in gold etf but what's the fun in
that!
But by Jove the price is high currently. One oz (31g) gold coin is
currently 4000 dollars, and little less euros. One coin.
The point is, if the value of gold comes primarily from scarcity then
you're only a large discovery or two away from losing your shirt.-a That discovery may be out of reach for now, but surely there are massive gold deposits we haven't found on earth yet.
Practically speaking, gold is a pain at any kind of scale.-a Do you have
the space and security to store it effectively?-a How will you sell it
when needed?-a In some kind of societal collapse, it'd likely get taken
by looters and you'd be left with nothing for all your efforts...
I'm not arguing crypto solves it all, but it has its place. You're a perma-hater and that's OK.-a If you're happy sticking exclusively to
trading papers and spanish doubloons, more power to you :)
jdeluise kirjoitti 12.10.2025 klo 2.13:
TT <TT@dprk.kp> writes:
jdeluise kirjoitti 11.10.2025 klo 23.44:
TT <TT@dprk.kp> writes:
TT kirjoitti 11.10.2025 klo 13.24:er.... https://www.ecoticias.com/en/700-quintillion-in-cosmic-gold-
This one's for JD:"SOMEONE JUST OPENED A #BITCOIN SHORT 30 MINS BEFORE TRUMP'S TARIFF
https://pbs.twimg.com/media/G29QAmIXoAAWi_g?format=jpg&name=900x900 >>>>>
ANNOUNCEMENT AND JUST CLOSED WITH $88,000,000 PROFIT
HE OPENED THIS ACCOUNT TODAY"
https://x.com/Vivek4real_/status/1976787212491801051
A bit of insider trading in Trump world?
Anyway, what's the nonsense about crypto being a hedge for anything... >>>>> Gold - now *that* is a hedge.
nasa-
see/20577/
Oh, no, the value is gone even before I invested in it. Damn. :)
Seriously, takes 6 years to fly there, and the window with Mars
propulsion opens every 2 years. Psyche isn't even coming back, which
would be even more complicated.
So I guess we could all bathe in gold at earlies in about 20 years?
Of course we may need a couple decades more to master space
mining. Unless the chinese can do that already.
So yes, the current problem will be whether the gold price will fall
after I buy it & to choose between gold britannia, buffalo or maple
leaf. Or the cheaper option of gold bar.
Wisest would likely be to put money in gold etf but what's the fun in
that!
But by Jove the price is high currently. One oz (31g) gold coin is
currently 4000 dollars, and little less euros. One coin.
The point is, if the value of gold comes primarily from scarcity then
you're only a large discovery or two away from losing your shirt.
That discovery may be out of reach for now, but surely there are
massive gold deposits we haven't found on earth yet.
Not afraid of that. Not putting all my money on gold anyway.
Practically speaking, gold is a pain at any kind of scale.-a Do you
have the space and security to store it effectively?-a How will you
sell it when needed?-a In some kind of societal collapse, it'd likely
get taken by looters and you'd be left with nothing for all your
efforts...
Yes, storing it is PITA. Also, if going for physical gold at these
prices, you don't want to own fake gold which can be a risk as well.
Buffett is not a fan of gold, it's not a productive asset. Then again
it's not like he has to ever liquidate investments for his expenses. Different rules for these billionaire investors than normal people.
Point being; gold doesn't have much correlation with other asset
classes, perhaps good to have a bit for the day when you need money & everything else is crashing. Moving a small portion of bonds to gold.
It's kind of a peace of mind extra investment.
Or maybe I'm just trying to rationalize my gold fever fomo. Ecstasy of
Gold. Anyway, the practical problem with crypto is that it correlates
highly with Nasdaq, so it's not really a store of value for bad times.
I'm not arguing crypto solves it all, but it has its place. You're a
perma-hater and that's OK.-a If you're happy sticking exclusively to
trading papers and spanish doubloons, more power to you :)
I'm sure I've previously shared this wisdom from Munger... https://youtu.be/tGmhFx_7w4I?si=DRKUFY2oQPdp321o
But owning stocks aka parts of businesses is the way to go. Businesses
make pretty much everything in the world. So whatever happens, not all
are going to disappear, and if they do, money is the least of our problems.
On 10/11/25 6:01 PM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:
TT <TT@dprk.kp> writes:
jdeluise kirjoitti 11.10.2025 klo 23.44:
TT <TT@dprk.kp> writes:
TT kirjoitti 11.10.2025 klo 13.24:er.... https://www.ecoticias.com/en/700-quintillion-in-cosmic-gold- >>>>> nasa-
This one's for JD:"SOMEONE JUST OPENED A #BITCOIN SHORT 30 MINS BEFORE TRUMP'S TARIFF >>>>>> ANNOUNCEMENT AND JUST CLOSED WITH $88,000,000 PROFIT
https://pbs.twimg.com/media/G29QAmIXoAAWi_g?format=jpg&name=900x900 >>>>>>
HE OPENED THIS ACCOUNT TODAY"
https://x.com/Vivek4real_/status/1976787212491801051
A bit of insider trading in Trump world?
Anyway, what's the nonsense about crypto being a hedge for
anything...
Gold - now *that* is a hedge.
see/20577/
Oh, no, the value is gone even before I invested in it. Damn. :)
Seriously, takes 6 years to fly there, and the window with Mars
propulsion opens every 2 years. Psyche isn't even coming back, which
would be even more complicated.
So I guess we could all bathe in gold at earlies in about 20 years?
Of course we may need a couple decades more to master space
mining. Unless the chinese can do that already.
So yes, the current problem will be whether the gold price will fall
after I buy it & to choose between gold britannia, buffalo or maple
leaf. Or the cheaper option of gold bar.
Wisest would likely be to put money in gold etf but what's the fun
in that!
But by Jove the price is high currently. One oz (31g) gold coin is
currently 4000 dollars, and little less euros. One coin.
The point is, if the value of gold comes primarily from scarcity then
you're only a large discovery or two away from losing your shirt.
That discovery may be out of reach for now, but surely there are
massive gold deposits we haven't found on earth yet.
Not afraid of that. Not putting all my money on gold anyway.
Practically speaking, gold is a pain at any kind of scale.-a Do you
have the space and security to store it effectively?-a How will you
sell it when needed?-a In some kind of societal collapse, it'd likely
get taken by looters and you'd be left with nothing for all your
efforts...
Yes, storing it is PITA. Also, if going for physical gold at these
prices, you don't want to own fake gold which can be a risk as well.
Buffett is not a fan of gold, it's not a productive asset. Then again
it's not like he has to ever liquidate investments for his expenses.
Different rules for these billionaire investors than normal people.
Point being; gold doesn't have much correlation with other asset
classes, perhaps good to have a bit for the day when you need money &
everything else is crashing. Moving a small portion of bonds to gold.
It's kind of a peace of mind extra investment.
Or maybe I'm just trying to rationalize my gold fever fomo. Ecstasy of
Gold. Anyway, the practical problem with crypto is that it correlates
highly with Nasdaq, so it's not really a store of value for bad times.
I'm not arguing crypto solves it all, but it has its place. You're a
perma-hater and that's OK.-a If you're happy sticking exclusively to
trading papers and spanish doubloons, more power to you :)
I'm sure I've previously shared this wisdom from Munger...
https://youtu.be/tGmhFx_7w4I?si=DRKUFY2oQPdp321o
But owning stocks aka parts of businesses is the way to go. Businesses
make pretty much everything in the world. So whatever happens, not all
are going to disappear, and if they do, money is the least of our
problems.
In considering a substantial purchase of gold, I view it was a sort of
sunk cost for a type of insurance. If all goes reasonably well, you
would then *never* liquidate it. You'd pass it along to heirs intact,
with a lot of explanation before hand what the intent of the investment
is and what it's for, and hope that it takes.
Alternatively you could take the gold stash and make it the sole asset
of an irrevocable trust with explicit instruction on how it can be used.
If you have all other bases covered, and then some, maybe 5-10% net worth.
With any luck, you, and your heirs, will never liquidate any of it.
In some kind of societal collapse, it'd likely get taken by looters and you'd be left with nothing for all your efforts...
Sawfish kirjoitti 12.10.2025 klo 5.42:
On 10/11/25 6:01 PM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:
TT <TT@dprk.kp> writes:
jdeluise kirjoitti 11.10.2025 klo 23.44:
TT <TT@dprk.kp> writes:
TT kirjoitti 11.10.2025 klo 13.24:er.... https://www.ecoticias.com/en/700-quintillion-in-cosmic-
This one's for JD:"SOMEONE JUST OPENED A #BITCOIN SHORT 30 MINS BEFORE TRUMP'S TARIFF >>>>>>> ANNOUNCEMENT AND JUST CLOSED WITH $88,000,000 PROFIT
https://pbs.twimg.com/media/G29QAmIXoAAWi_g?format=jpg&name=900x900 >>>>>>>
HE OPENED THIS ACCOUNT TODAY"
https://x.com/Vivek4real_/status/1976787212491801051
A bit of insider trading in Trump world?
Anyway, what's the nonsense about crypto being a hedge for
anything...
Gold - now *that* is a hedge.
gold- nasa-
see/20577/
Oh, no, the value is gone even before I invested in it. Damn. :)
Seriously, takes 6 years to fly there, and the window with Mars
propulsion opens every 2 years. Psyche isn't even coming back, which >>>>> would be even more complicated.
So I guess we could all bathe in gold at earlies in about 20 years?
Of course we may need a couple decades more to master space
mining. Unless the chinese can do that already.
So yes, the current problem will be whether the gold price will fall >>>>> after I buy it & to choose between gold britannia, buffalo or maple
leaf. Or the cheaper option of gold bar.
Wisest would likely be to put money in gold etf but what's the fun
in that!
But by Jove the price is high currently. One oz (31g) gold coin is
currently 4000 dollars, and little less euros. One coin.
The point is, if the value of gold comes primarily from scarcity
then you're only a large discovery or two away from losing your
shirt. That discovery may be out of reach for now, but surely there
are massive gold deposits we haven't found on earth yet.
Not afraid of that. Not putting all my money on gold anyway.
Practically speaking, gold is a pain at any kind of scale.-a Do you
have the space and security to store it effectively?-a How will you
sell it when needed?-a In some kind of societal collapse, it'd likely >>>> get taken by looters and you'd be left with nothing for all your
efforts...
Yes, storing it is PITA. Also, if going for physical gold at these
prices, you don't want to own fake gold which can be a risk as well.
Buffett is not a fan of gold, it's not a productive asset. Then again
it's not like he has to ever liquidate investments for his expenses.
Different rules for these billionaire investors than normal people.
Point being; gold doesn't have much correlation with other asset
classes, perhaps good to have a bit for the day when you need money &
everything else is crashing. Moving a small portion of bonds to gold.
It's kind of a peace of mind extra investment.
Or maybe I'm just trying to rationalize my gold fever fomo. Ecstasy
of Gold. Anyway, the practical problem with crypto is that it
correlates highly with Nasdaq, so it's not really a store of value
for bad times.
I'm not arguing crypto solves it all, but it has its place. You're a
perma-hater and that's OK.-a If you're happy sticking exclusively to
trading papers and spanish doubloons, more power to you :)
I'm sure I've previously shared this wisdom from Munger...
https://youtu.be/tGmhFx_7w4I?si=DRKUFY2oQPdp321o
But owning stocks aka parts of businesses is the way to go.
Businesses make pretty much everything in the world. So whatever
happens, not all are going to disappear, and if they do, money is the
least of our problems.
In considering a substantial purchase of gold, I view it was a sort of
sunk cost for a type of insurance. If all goes reasonably well, you
would then *never* liquidate it. You'd pass it along to heirs intact,
with a lot of explanation before hand what the intent of the
investment is and what it's for, and hope that it takes.
Alternatively you could take the gold stash and make it the sole asset
of an irrevocable trust with explicit instruction on how it can be used.
If you have all other bases covered, and then some, maybe 5-10% net
worth.
With any luck, you, and your heirs, will never liquidate any of it.
Yes.
I may have also solved the location for storing it... https://youtu.be/6dMQPIK3PCU?t=49
:)
jdeluise kirjoitti 12.10.2025 klo 2.13:
In some kind of societal collapse, it'd likely get taken by looters
and you'd be left with nothing for all your efforts...
The looters won't come after your bitcoin?
jdeluise kirjoitti 12.10.2025 klo 2.13:
In some kind of societal collapse, it'd likely get taken by looters
and you'd be left with nothing for all your efforts...
The looters won't come after your bitcoin?
On 10/12/25 5:15 AM, TT wrote:
Sawfish kirjoitti 12.10.2025 klo 5.42:
On 10/11/25 6:01 PM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:
TT <TT@dprk.kp> writes:
jdeluise kirjoitti 11.10.2025 klo 23.44:
TT <TT@dprk.kp> writes:
TT kirjoitti 11.10.2025 klo 13.24:er.... https://www.ecoticias.com/en/700-quintillion-in-cosmic-
This one's for JD:
https://pbs.twimg.com/media/G29QAmIXoAAWi_g?
format=jpg&name=900x900
"SOMEONE JUST OPENED A #BITCOIN SHORT 30 MINS BEFORE TRUMP'S TARIFF >>>>>>>> ANNOUNCEMENT AND JUST CLOSED WITH $88,000,000 PROFIT
HE OPENED THIS ACCOUNT TODAY"
https://x.com/Vivek4real_/status/1976787212491801051
A bit of insider trading in Trump world?
Anyway, what's the nonsense about crypto being a hedge for
anything...
Gold - now *that* is a hedge.
gold- nasa-
see/20577/
Oh, no, the value is gone even before I invested in it. Damn. :)
Seriously, takes 6 years to fly there, and the window with Mars
propulsion opens every 2 years. Psyche isn't even coming back, which >>>>>> would be even more complicated.
So I guess we could all bathe in gold at earlies in about 20 years? >>>>>> Of course we may need a couple decades more to master space
mining. Unless the chinese can do that already.
So yes, the current problem will be whether the gold price will fall >>>>>> after I buy it & to choose between gold britannia, buffalo or maple >>>>>> leaf. Or the cheaper option of gold bar.
Wisest would likely be to put money in gold etf but what's the fun >>>>>> in that!
But by Jove the price is high currently. One oz (31g) gold coin is >>>>>> currently 4000 dollars, and little less euros. One coin.
The point is, if the value of gold comes primarily from scarcity
then you're only a large discovery or two away from losing your
shirt. That discovery may be out of reach for now, but surely there >>>>> are massive gold deposits we haven't found on earth yet.
Not afraid of that. Not putting all my money on gold anyway.
Practically speaking, gold is a pain at any kind of scale.-a Do you >>>>> have the space and security to store it effectively?-a How will you >>>>> sell it when needed?-a In some kind of societal collapse, it'd
likely get taken by looters and you'd be left with nothing for all
your efforts...
Yes, storing it is PITA. Also, if going for physical gold at these
prices, you don't want to own fake gold which can be a risk as well.
Buffett is not a fan of gold, it's not a productive asset. Then
again it's not like he has to ever liquidate investments for his
expenses. Different rules for these billionaire investors than
normal people.
Point being; gold doesn't have much correlation with other asset
classes, perhaps good to have a bit for the day when you need money
& everything else is crashing. Moving a small portion of bonds to gold. >>>> It's kind of a peace of mind extra investment.
Or maybe I'm just trying to rationalize my gold fever fomo. Ecstasy
of Gold. Anyway, the practical problem with crypto is that it
correlates highly with Nasdaq, so it's not really a store of value
for bad times.
I'm not arguing crypto solves it all, but it has its place. You're
a perma-hater and that's OK.-a If you're happy sticking exclusively >>>>> to trading papers and spanish doubloons, more power to you :)
I'm sure I've previously shared this wisdom from Munger...
https://youtu.be/tGmhFx_7w4I?si=DRKUFY2oQPdp321o
But owning stocks aka parts of businesses is the way to go.
Businesses make pretty much everything in the world. So whatever
happens, not all are going to disappear, and if they do, money is
the least of our problems.
In considering a substantial purchase of gold, I view it was a sort
of sunk cost for a type of insurance. If all goes reasonably well,
you would then *never* liquidate it. You'd pass it along to heirs
intact, with a lot of explanation before hand what the intent of the
investment is and what it's for, and hope that it takes.
Alternatively you could take the gold stash and make it the sole
asset of an irrevocable trust with explicit instruction on how it can
be used.
If you have all other bases covered, and then some, maybe 5-10% net
worth.
With any luck, you, and your heirs, will never liquidate any of it.
Yes.
I may have also solved the location for storing it...
https://youtu.be/6dMQPIK3PCU?t=49
:)
That's one thing I really admire about Leone: he's never over-the-top.
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:
In some kind of societal collapse, it'd likely get taken by looters
and you'd be left with nothing for all your efforts...
The looters won't come after your bitcoin?
The thing about gold as an effective non-utilitarian commodity vs crypto
in a dire emergency is that one needs to be *told* why/how bitcoin has
any value. You have to understand it; it is an *intellectual* commodity.
Not so with gold. It is to a very large degree a *sensual" commodity, as anyone who has held a US Double Eagle in his/her (their?) hand. Nothing needs to be explained.
"Ecstasy of gold", indeed...
Sawfish kirjoitti 12.10.2025 klo 19.31:
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:
In some kind of societal collapse, it'd likely get taken by looters
and you'd be left with nothing for all your efforts...
The looters won't come after your bitcoin?
The thing about gold as an effective non-utilitarian commodity vs
crypto in a dire emergency is that one needs to be *told* why/how
bitcoin has any value. You have to understand it; it is an
*intellectual* commodity.
Not so with gold. It is to a very large degree a *sensual" commodity,
as anyone who has held a US Double Eagle in his/her (their?) hand.
Nothing needs to be explained.
"Ecstasy of gold", indeed...
Yes. I bet Tuco wouldn't be running around in such ecstasy for a bitcoin hard drive.
Sawfish kirjoitti 12.10.2025 klo 19.19:
On 10/12/25 5:15 AM, TT wrote:
Sawfish kirjoitti 12.10.2025 klo 5.42:
On 10/11/25 6:01 PM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:
TT <TT@dprk.kp> writes:
jdeluise kirjoitti 11.10.2025 klo 23.44:
TT <TT@dprk.kp> writes:
TT kirjoitti 11.10.2025 klo 13.24:er.... https://www.ecoticias.com/en/700-quintillion-in-cosmic- >>>>>>>> gold- nasa-
This one's for JD:
https://pbs.twimg.com/media/G29QAmIXoAAWi_g?
format=jpg&name=900x900
"SOMEONE JUST OPENED A #BITCOIN SHORT 30 MINS BEFORE TRUMP'S >>>>>>>>> TARIFF
ANNOUNCEMENT AND JUST CLOSED WITH $88,000,000 PROFIT
HE OPENED THIS ACCOUNT TODAY"
https://x.com/Vivek4real_/status/1976787212491801051
A bit of insider trading in Trump world?
Anyway, what's the nonsense about crypto being a hedge for
anything...
Gold - now *that* is a hedge.
see/20577/
Oh, no, the value is gone even before I invested in it. Damn. :) >>>>>>>
Seriously, takes 6 years to fly there, and the window with Mars
propulsion opens every 2 years. Psyche isn't even coming back, which >>>>>>> would be even more complicated.
So I guess we could all bathe in gold at earlies in about 20 years? >>>>>>> Of course we may need a couple decades more to master space
mining. Unless the chinese can do that already.
So yes, the current problem will be whether the gold price will fall >>>>>>> after I buy it & to choose between gold britannia, buffalo or maple >>>>>>> leaf. Or the cheaper option of gold bar.
Wisest would likely be to put money in gold etf but what's the
fun in that!
But by Jove the price is high currently. One oz (31g) gold coin is >>>>>>> currently 4000 dollars, and little less euros. One coin.
The point is, if the value of gold comes primarily from scarcity
then you're only a large discovery or two away from losing your
shirt. That discovery may be out of reach for now, but surely
there are massive gold deposits we haven't found on earth yet.
Not afraid of that. Not putting all my money on gold anyway.
Practically speaking, gold is a pain at any kind of scale.-a Do you >>>>>> have the space and security to store it effectively?-a How will you >>>>>> sell it when needed?-a In some kind of societal collapse, it'd
likely get taken by looters and you'd be left with nothing for all >>>>>> your efforts...
Yes, storing it is PITA. Also, if going for physical gold at these
prices, you don't want to own fake gold which can be a risk as well. >>>>>
Buffett is not a fan of gold, it's not a productive asset. Then
again it's not like he has to ever liquidate investments for his
expenses. Different rules for these billionaire investors than
normal people.
Point being; gold doesn't have much correlation with other asset
classes, perhaps good to have a bit for the day when you need money >>>>> & everything else is crashing. Moving a small portion of bonds to
gold.
It's kind of a peace of mind extra investment.
Or maybe I'm just trying to rationalize my gold fever fomo. Ecstasy >>>>> of Gold. Anyway, the practical problem with crypto is that it
correlates highly with Nasdaq, so it's not really a store of value
for bad times.
I'm not arguing crypto solves it all, but it has its place. You're >>>>>> a perma-hater and that's OK.-a If you're happy sticking exclusively >>>>>> to trading papers and spanish doubloons, more power to you :)
I'm sure I've previously shared this wisdom from Munger...
https://youtu.be/tGmhFx_7w4I?si=DRKUFY2oQPdp321o
But owning stocks aka parts of businesses is the way to go.
Businesses make pretty much everything in the world. So whatever
happens, not all are going to disappear, and if they do, money is
the least of our problems.
In considering a substantial purchase of gold, I view it was a sort
of sunk cost for a type of insurance. If all goes reasonably well,
you would then *never* liquidate it. You'd pass it along to heirs
intact, with a lot of explanation before hand what the intent of the
investment is and what it's for, and hope that it takes.
Alternatively you could take the gold stash and make it the sole
asset of an irrevocable trust with explicit instruction on how it
can be used.
If you have all other bases covered, and then some, maybe 5-10% net
worth.
With any luck, you, and your heirs, will never liquidate any of it.
Yes.
I may have also solved the location for storing it...
https://youtu.be/6dMQPIK3PCU?t=49
:)
That's one thing I really admire about Leone: he's never over-the-top.
Was watching that scene and thinking how none of modern CGI filled films come even close to that scene some odd 60 years ago. Music of course contributes bigly.
On 10/12/25 10:09 AM, TT wrote:> Sawfish kirjoitti 12.10.2025 klo 19.19:>=25 klo 23.44:>>>>>>>> TT <TT@dprk.kp> writes:>>>>>>>>>>>>>>>>> TT kirjoitti=
On 10/12/25 5:15 AM, TT wrote:>>> Sawfish kirjoitti 12.10.2025 klo 5.42:>=
On 10/11/25 6:01 PM, TT wrote:>>>>> jdeluise kirjoitti 12.10.2025 klo 2= .13:>>>>>> TT <TT@dprk.kp> writes:>>>>>>>>>>>>> jdeluise kirjoitti 11.10.20=
ractically speaking, gold is a pain at any kind of scale. Do you >>>>>> ha=Not afraid of that. Not putting all my money on gold anyway.>>>>>>>>>>> P=then you're only a large discovery or two away from losing your >>>= >>> shirt. That discovery may be out of reach for now, but surely >>>>>> th= ere are massive gold deposits we haven't found on earth yet.>>>>>>>>>>>>>>>=
other asset >>>>> classes, perhaps good to have a bit for the day when you=normal people.>>>>> Point being; gold doesn't have much correlation with=
r bad times.>>>>>>>>>>>>>>>>> I'm not arguing crypto solves it all, but it = has its place. You're >>>>>> a perma-hater and that's OK. If you're happy = sticking exclusively >>>>>> to trading papers and spanish doubloons, more p= ower to you :)>>>>>>>>>> I'm sure I've previously shared this wisdom from M= unger...>>>>> https://youtu.be/tGmhFx_7w4I?si=3DDRKUFY2oQPdp321o>>>>>>>>>> = But owning stocks aka parts of businesses is the way to go. >>>>> Businesse=of Gold. Anyway, the practical problem with crypto is that it >>>>> = correlates highly with Nasdaq, so it's not really a store of value >>>>> fo=
On 10/12/25 10:12 AM, TT wrote:
Sawfish kirjoitti 12.10.2025 klo 19.31:
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:
In some kind of societal collapse, it'd likely get taken by looters >>>>> and you'd be left with nothing for all your efforts...
The looters won't come after your bitcoin?
The thing about gold as an effective non-utilitarian commodity vs
crypto in a dire emergency is that one needs to be *told* why/how
bitcoin has any value. You have to understand it; it is an
*intellectual* commodity.
Not so with gold. It is to a very large degree a *sensual" commodity,
as anyone who has held a US Double Eagle in his/her (their?) hand.
Nothing needs to be explained.
"Ecstasy of gold", indeed...
Yes. I bet Tuco wouldn't be running around in such ecstasy for a
bitcoin hard drive.
It would really have to be filmed differently, that's for sure...
BTW, did you ever see the 2012 film "Killing Them Softly"? Extremely
poor title (the novel was "Cogan's Trade", but there is some great,
great macho stuff in it. Not showy stuff, gritty, rings true...
Moon landings too.
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:
In some kind of societal collapse, it'd likely get taken byThe looters won't come after your bitcoin?
looters
and you'd be left with nothing for all your efforts...
The thing about gold as an effective non-utilitarian commodity
vs
crypto in a dire emergency is that one needs to be *told*
why/how
bitcoin has any value. You have to understand it; it is an
*intellectual* commodity.
Not so with gold. It is to a very large degree a *sensual"
commodity,
as anyone who has held a US Double Eagle in his/her (their?)
hand. Nothing needs to be explained.
"Ecstasy of gold", indeed...
Sawfish <sawfish666@gmail.com> writes:
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:
In some kind of societal collapse, it'd likely get taken by lootersThe looters won't come after your bitcoin?
and you'd be left with nothing for all your efforts...
The thing about gold as an effective non-utilitarian commodity vs
crypto in a dire emergency is that one needs to be *told* why/how
bitcoin has any value. You have to understand it; it is an
*intellectual* commodity.
Not so with gold. It is to a very large degree a *sensual" commodity,
as anyone who has held a US Double Eagle in his/her (their?)
hand. Nothing needs to be explained.
"Ecstasy of gold", indeed...
At a surface level I suppose.-a But you can't be sure it's genuine just
by looking/holding it either.-a At some point you're going to have to
trust yourself, or an expert.
Sawfish kirjoitti 12.10.2025 klo 20.45:
On 10/12/25 10:12 AM, TT wrote:
Sawfish kirjoitti 12.10.2025 klo 19.31:
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:
In some kind of societal collapse, it'd likely get taken by
looters and you'd be left with nothing for all your efforts...
The looters won't come after your bitcoin?
The thing about gold as an effective non-utilitarian commodity vs
crypto in a dire emergency is that one needs to be *told* why/how
bitcoin has any value. You have to understand it; it is an
*intellectual* commodity.
Not so with gold. It is to a very large degree a *sensual"
commodity, as anyone who has held a US Double Eagle in his/her
(their?) hand. Nothing needs to be explained.
"Ecstasy of gold", indeed...
Yes. I bet Tuco wouldn't be running around in such ecstasy for a
bitcoin hard drive.
It would really have to be filmed differently, that's for sure...
BTW, did you ever see the 2012 film "Killing Them Softly"? Extremely
poor title (the novel was "Cogan's Trade", but there is some great,
great macho stuff in it. Not showy stuff, gritty, rings true...
Not seen it. Might watch soon.
Probably a macho film, yes, as imdb lists 18 members of cast and there's only one woman included - and she portrays a black hooker! :)
Now we're talking.
jdeluise kirjoitti 12.10.2025 klo 23.30:
Sawfish <sawfish666@gmail.com> writes:
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:
In some kind of societal collapse, it'd likely get taken by lootersThe looters won't come after your bitcoin?
and you'd be left with nothing for all your efforts...
The thing about gold as an effective non-utilitarian commodity vs
crypto in a dire emergency is that one needs to be *told* why/how
bitcoin has any value. You have to understand it; it is an
*intellectual* commodity.
Not so with gold. It is to a very large degree a *sensual" commodity,
as anyone who has held a US Double Eagle in his/her (their?)
hand. Nothing needs to be explained.
"Ecstasy of gold", indeed...
At a surface level I suppose.-a But you can't be sure it's genuine just
by looking/holding it either.-a At some point you're going to have to
trust yourself, or an expert.
If you buy Britannia gold coin 2015-, it's pretty damn sure it's the
real one... I bet it's impossible to fake complicated security features
that coin has.
Maple Leaf also has couple security features probably exceeding forging ability / the effort.
Then with, say, American Buffalo & American Gold Eagle etc, they make
quite distinct sound on a ping test at home. Fold Eagle can ring like 30 seconds if you slap it gently with a wooden stick for example. A high quality fake coin would have tungsten inside and it hardly makes a sound
at all, just a dead thud.
If you can't hear it yourself there's apparently a mobile app which can
hear with high precision whether the coin is real.
...then there's magnet test etc for home use.
And of course most gold shops have x-ray machines etc which see what materials the coin / gold bar is made of.
jdeluise kirjoitti 12.10.2025 klo 23.30:
Sawfish <sawfish666@gmail.com> writes:
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:
In some kind of societal collapse, it'd likely get taken by lootersThe looters won't come after your bitcoin?
and you'd be left with nothing for all your efforts...
The thing about gold as an effective non-utilitarian commodity vs
crypto in a dire emergency is that one needs to be *told* why/how
bitcoin has any value. You have to understand it; it is an
*intellectual* commodity.
Not so with gold. It is to a very large degree a *sensual" commodity,
as anyone who has held a US Double Eagle in his/her (their?)
hand. Nothing needs to be explained.
"Ecstasy of gold", indeed...
At a surface level I suppose.-a But you can't be sure it's genuine just
by looking/holding it either.-a At some point you're going to have to
trust yourself, or an expert.
If you buy Britannia gold coin 2015-, it's pretty damn sure it's the
real one... I bet it's impossible to fake complicated security features
that coin has.
Maple Leaf also has couple security features probably exceeding forging ability / the effort.
Then with, say, American Buffalo & American Gold Eagle etc, they make
quite distinct sound on a ping test at home. Fold Eagle can ring like 30 seconds if you slap it gently with a wooden stick for example. A high quality fake coin would have tungsten inside and it hardly makes a sound
at all, just a dead thud.
If you can't hear it yourself there's apparently a mobile app which can
hear with high precision whether the coin is real.
...then there's magnet test etc for home use.
And of course most gold shops have x-ray machines etc which see what materials the coin / gold bar is made of.
TT kirjoitti 13.10.2025 klo 0.30:
jdeluise kirjoitti 12.10.2025 klo 23.30:
Sawfish <sawfish666@gmail.com> writes:
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:
In some kind of societal collapse, it'd likely get taken by looters >>>>>> and you'd be left with nothing for all your efforts...The looters won't come after your bitcoin?
The thing about gold as an effective non-utilitarian commodity vs
crypto in a dire emergency is that one needs to be *told* why/how
bitcoin has any value. You have to understand it; it is an
*intellectual* commodity.
Not so with gold. It is to a very large degree a *sensual" commodity,
as anyone who has held a US Double Eagle in his/her (their?)
hand. Nothing needs to be explained.
"Ecstasy of gold", indeed...
At a surface level I suppose.-a But you can't be sure it's genuine
just by looking/holding it either.-a At some point you're going to
have to trust yourself, or an expert.
If you buy Britannia gold coin 2015-, it's pretty damn sure it's the
real one... I bet it's impossible to fake complicated security
features that coin has.
Maple Leaf also has couple security features probably exceeding
forging ability / the effort.
Then with, say, American Buffalo & American Gold Eagle etc, they make
quite distinct sound on a ping test at home. Fold Eagle can ring like
30 seconds if you slap it gently with a wooden stick for example. A
high quality fake coin would have tungsten inside and it hardly makes
a sound at all, just a dead thud.
If you can't hear it yourself there's apparently a mobile app which
can hear with high precision whether the coin is real.
...then there's magnet test etc for home use.
And of course most gold shops have x-ray machines etc which see what
materials the coin / gold bar is made of.
Anyway, gold starts going up in Asia. Not sure if I wanna buy at these prices. Stocks may give better opportunities monday-
TT kirjoitti 12.10.2025 klo 21.32:
Sawfish kirjoitti 12.10.2025 klo 20.45:
On 10/12/25 10:12 AM, TT wrote:
Sawfish kirjoitti 12.10.2025 klo 19.31:
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:
In some kind of societal collapse, it'd likely get taken by
looters and you'd be left with nothing for all your efforts...
The looters won't come after your bitcoin?
The thing about gold as an effective non-utilitarian commodity vs
crypto in a dire emergency is that one needs to be *told* why/how
bitcoin has any value. You have to understand it; it is an
*intellectual* commodity.
Not so with gold. It is to a very large degree a *sensual"
commodity, as anyone who has held a US Double Eagle in his/her
(their?) hand. Nothing needs to be explained.
"Ecstasy of gold", indeed...
Yes. I bet Tuco wouldn't be running around in such ecstasy for a
bitcoin hard drive.
It would really have to be filmed differently, that's for sure...
BTW, did you ever see the 2012 film "Killing Them Softly"? Extremely
poor title (the novel was "Cogan's Trade", but there is some great,
great macho stuff in it. Not showy stuff, gritty, rings true...
Not seen it. Might watch soon.
Probably a macho film, yes, as imdb lists 18 members of cast and
there's only one woman included - and she portrays a black hooker! :)
Now we're talking.
Watched it. Not much connection to Leone really.
good actors and nicely flowing story... Something between Tarantino & Sopranos. Interesting contrast with this killing stuff & Obama's
election campaign speeches. 7/10. Thank you.
Indeed, the hooker had like a minute screen time. I think the only woman with lines. Yet they managed to make it a heart breaking love story. Not.
All with Gandolfini as Mickey were very good.
"It's my hobby...".-a :^)
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:
In some kind of societal collapse, it'd likely get taken by looters
and you'd be left with nothing for all your efforts...
The looters won't come after your bitcoin?
The thing about gold as an effective non-utilitarian commodity vs crypto
in a dire emergency is that one needs to be *told* why/how bitcoin has
any value. You have to understand it; it is an *intellectual* commodity.
Not so with gold. It is to a very large degree a *sensual" commodity, as anyone who has held a US Double Eagle in his/her (their?) hand. Nothing needs to be explained.
"Ecstasy of gold", indeed...
Sawfish kirjoitti 12.10.2025 klo 19.31:
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:
In some kind of societal collapse, it'd likely get taken by looters
and you'd be left with nothing for all your efforts...
The looters won't come after your bitcoin?
The thing about gold as an effective non-utilitarian commodity vs
crypto in a dire emergency is that one needs to be *told* why/how
bitcoin has any value. You have to understand it; it is an
*intellectual* commodity.
The problem is that it's not a hedge against stock market crashes. So
hard to see any purpose & value other than speculation.
Not so with gold. It is to a very large degree a *sensual" commodity,
as anyone who has held a US Double Eagle in his/her (their?) hand.
Nothing needs to be explained.
"Ecstasy of gold", indeed...
Tipped my toes. I'll just leave this here... https://youtube.com/shorts/mbMt0GoTz1s?si=jGO2RIzo2lELplvy
Sawfish kirjoitti 12.10.2025 klo 19.31:
On 10/12/25 9:01 AM, TT wrote:
jdeluise kirjoitti 12.10.2025 klo 2.13:The thing about gold as an effective non-utilitarian commodity
In some kind of societal collapse, it'd likely get taken by
looters and you'd be left with nothing for all your
efforts...
The looters won't come after your bitcoin?
vs
crypto in a dire emergency is that one needs to be *told*
why/how
bitcoin has any value. You have to understand it; it is an
*intellectual* commodity.
The problem is that it's not a hedge against stock market
crashes. So
hard to see any purpose & value other than speculation.
Not so with gold. It is to a very large degree a *sensual"
commodity, as anyone who has held a US Double Eagle in his/her
(their?) hand. Nothing needs to be explained.
"Ecstasy of gold", indeed...
Tipped my toes. I'll just leave this here... https://youtube.com/shorts/mbMt0GoTz1s?si=jGO2RIzo2lELplvy