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Schaublin

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Everything posted by Schaublin

  1. Schaublin

    GOLD

    Regarding allocated storage, I know that many are happy with the legal aspects of this and are convinced that it is a secure way to store bullion. My thoughts are that they well be safe today and tomorrow but I wonder what would happen for example in a currency crisis. A private company sitting on many tonnes of gold is going to look an awfully tempting fruit to pick by the State. The legal technicalities are not an obstacle to the State in extremis - if necessary, the law can be changed overnight. I expect many have considered this possibility but it is worth remembering that at the precise time that gold becomes a financial lifeboat, someone bigger than you may grab your seat!
  2. Schaublin

    GOLD

    Thanks - I would not say I am wise so much as not born yesterday
  3. Schaublin

    GOLD

    I never mentioned kilos or home - just advised against entrusting it to others. Possession in a place that only you know about and can access easily - that can be accomplished in many ways. If you would rather trust someone that you have never met over and above yourself to look after your gold, good luck to you.
  4. Schaublin

    GOLD

    Excellent advice from d2thdr. Gold is used to store wealth because men cannot be trusted to keep their promises. Entrusting your gold to others is the height of foolishness - as many will find out in the future.
  5. Schaublin

    Tiny Homes

    http://www.independent.co.uk/life-style/ho...es-1696153.html Google 'tiny homes' and you will come up with a lot of stuff about people interested in living simply and cheaply - mainly US biased but plenty of useful ideas for anyone interested. I am currently (just started) building an 8 x 12 cabin in my garden - I have some time on my hands and have always wanted to build a tiny home. I estimate total material costs will be no more than 2 ounces (including small wood-burning stove). Probably take about 2 months to build - I have some experience with building motor-caravans so, I have a reasonable idea about time involved in these projects. With a small mezzanine sleeping area and an 8 by 12 living area such a 'dacha' is perfectly livable in for two people who don't have much clutter. Imagine a world where people could buy small plots of land and build a small cabin for a few thousand pounds - no 25 year mortgage for an over-priced slave box. The reality is that if a significant number of people started to live in this way in 'eco' villages, the squid would die - but that is probably why such draconian planning laws exist - to stop people getting such ideas!
  6. Schaublin

    Tiny Homes

    Ok - I am trying out some design and build methods for the structure. I do not need to equip it as a fully functioning house but my plans for the future include building a slightly larger version which will be a self contained home - this will be in some woodland.
  7. Schaublin

    Tiny Homes

    Hello Straydog, I am not too sure about the www.dwelle.co.uk design - seems to be a luxury chalet - more an expensive toy for rich people than a low-cost simple home. The cabin I am building will be used as a spare room for guests so I am not planning any running water but I do plan to try out a solar panel /inverter with low power lighting - if necessary, I can run an extension lead down the garden and charge the battery! I am going to use wool insulation for walls and roof (4 inch thick) and polystyrene for the floor - your idea of pre-cut panels is interesting - I am not concerned with saving time so much but can see it would be great for those with limited time. Will try to remember to take some pictures as the project goes on.
  8. Schaublin

    GOLD

    Gold is money. Three types of people understand this; Central banks Uber rich oligarchs Ordinary people - mainly in Asia and The Middle East - but a growing (albeit small) number of people in the West. You do not appear to understand that gold is money - I hope you can be open to persuasion, as it would be a shame if you lost wealth due to being duped by MSM and banking propaganda.
  9. Schaublin

    Woodburning Stoves

    Seems very cheap - maybe Chinese made - not that that necessarily means poor-quality but worth inspecting in person.
  10. Schaublin

    GOLD

    I am not sure that the motives of people to store wealth in gold and silver are necessarily linked to classic inflation or hyper inflation (although these are highly likely) - just an understanding that whatever happens in the future, (as you point out) - societal breakdown, martial law, war, pandemic, capital controls, two-for-one swap with a new currency - in fact all possible permutations will make people increasingly understand that physical gold is ultimate store of wealth.
  11. Schaublin

    GOLD

    Yes, although I backed up the truck several years ago, the idea that it is still possible to get physical gold for fiat - at a rate linked to a fantasy market of paper futures is astonishing.
  12. Schaublin

    GOLD

    I agree with this but the problem is; the purchasing power of an ounce of gold fluctuates - say within a month, it may purchase 5 percent more or less than the nominal dollar price of an item. Within this short time frame, a loaf of bread or gallon of fuel will be the same or possibly a bit higher priced in dollars - so some get locked into thinking the Sun orbits the Earth! IMO, only when prices are rising visibly, monthly, will people (some) begin to use an ounce of gold as the reference point. Even more confusingly, when very high inflation starts, the purchasing power of gold will increase faster than the decline of the fiat currency due to gold's universal store of wealth attributes being more valued. Some refreshing insights on your blog BTW.
  13. Not quite sure how that works in the UK where we are massively net importers of energy, food and just about everything else for that matter (although I did recently buy a Henry vacuum cleaner made in England) I still think you are concentrating too much on what joe public thinks/does - it is not that important. Oligarchs, uber rich and other unmentionables own most of everything.
  14. Schaublin

    GOLD

    I think it will turn out the other way around
  15. Schaublin

    GOLD

    Good article on 321 gold by Darryl Robert Schoon outlining the massive spending on war by the US and the debt that they have accrued. A concise well-written account about why the US will fall hard - and soon. http://www.321gold.com/editorials/schoon/schoon080510.html The US borrows 45 % of all moneys borrowed by all governments and spends virtually that same percentage of global military spending. Beginning in 1980, President Reagan started the US on the road to financial collapse, borrowing heavily in order to fund the US military buildup, an act of fiscal irresponsibility that would later prove fatal. In his two terms, Reagan increased the US national debt by 258 %, the cost of which would be the loss of America’s economic power-base. Edit: It is amusing that it is called 'defense' when, in reality, it is all spent on waging offensive wars on weak countries and bullying other nations with its threats.
  16. Schaublin

    GOLD

    Anglesey seems to have ridden-up onto North Wales. Looks like 100 milion years into the future. So, gold indicates the future.
  17. Schaublin

    GOLD

    Must read for anyone trying to understand what is happening with gold and backwardation. http://fofoa.blogspot.com/ And just as with all bogus signals that the government, the Fed and Goldman Sachs create, the response is the same. The marketplace withdraws from games with bogus signals. Volume dries up, and Goldman Sachs ends up playing against itself to create the show. Just like price controls create shortages... SAME EXACT CONCEPT. So Goldman Sachs (the $IMFS) has rigged the GOFO as a big F-YOU to Antal Fekete.. but it shot itself in the foot in the process. Just like unemployment isn't really 9%, I think it is possible that gold is actually in permanent backwardation at this very moment and may have been for a while now. You can't change the temperature by simply rigging the thermometer. But you can't know the exact temperature either. The dollar NEEDS voluntary bids from private physical gold to survive. My guess is that pool of REAL bids of size is bone dry and cracking. And "dollar liquidity" is just a cheap façade at this point. This is why the dollar NEEDS a rising gold price. As the price (for selling, not borrowing gold) rises, weak little bits of gold here and there will bid for dollars.
  18. Schaublin

    UK House prices: News & Views

    That is the nub of it - there is little actual wealth creation going on any more and no quick way of getting any started. For a small island with a huge population, manufacturing is vital - but that has mainly gone and will not come back unless the workers are prepared to accept £100/month pay. The inertia of a huge population living on international credit is slowing - there is great poverty and upheaval ahead.
  19. One of the pictures shows a soldier with no legs - presumably begging. I wonder what the untold thousands of maimed ex servicemen thought about the 'explosion of intellectual and artistic creativity' while trying to live by begging. Edit: The National Socialists did not seize power - they were elected - but that is just a detail that gets lost by 'historians'.
  20. Schaublin

    GOLD

    Anyone thinking about the long-term future of gold can look at: Historical currency collapse. The build-up of huge private and public debt in the West. The activities of central banks (printing money and buying gold) The lack of wealth generating capacity (not cutting hair or selling each other houses) China - the amount of Western debt they hold and their massive wealth-generating economy. Or they may choose to look at Ker's graph...
  21. Schaublin

    GOLD

    Are you self-medicating?
  22. Schaublin

    GOLD

    I am about to sell some fiat for Sovereigns (funds from a closed BV account). As you seem to be an expert at trading gold, what price should I buy at?
  23. Schaublin

    GOLD

    A gift for people to sell fiat
  24. Schaublin

    GOLD

    1. You need to have 1kg Libertad for a proper eye full 2.How much did you pay for it - or did you find it in your change?
  25. Schaublin

    GOLD

    Some mug has bid up to £40
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