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About brooki

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  1. Sugar is around £0.97p a kilo in the supermarkets, so £9.70 to £13.58 a gallon to produce. At 4.55 litres to the gallon, I make that around £2.13p to £2.98 a litre not including yeast and running costs - twice current petrol cost unless you can find a cheap source of bulk sugar - far from cheap. USA seems to have an ethanol excise exemption policy if ethanol is produced as fuel, (up to 10,000 litres) and not too many hoops to jump through: http://www.arbiofuel.com/id21.html Looks like you can even sell back to the state what you don't use yourself. I think distilling alcohol in the UK is completely illegal, so you'd probably have customs and excise crawling all over you if you imported one of these. Looks pretty cool, but suspect the upkeep could be fiddly and expensive.
  2. brooki

    Interesting Concept!

    Thought I vaguely remembered this thread. Saw this on HPC today Bank Run & Collapse Crisis In Second Life Virtual World, bank has closed due to insolvency unable to pay $180K TLM
  3. all depends on how the equipment holds up, and cost of maintenance. I'd be wanting to see maintenance costs for similar existing equipment on a year by year basis over a twenty to thirty year period - possibly difficult to get hold of. A lot of industrial equipment is written off after 10 years, or less, even with regular maintenance. Sounds like the subscribers could be lumbered with the equipment just as it becomes an expensive liability, and would also be liable for decommissioning failed turbines. During this time, they'll also be paying back on a pretty massive loan, though this could be reduced, the initial stake looks like chicken feed at $10k. Interesting business model, though. TLM
  4. Agreed. Nice job NB - the pale green version looks good IMHO. TLM
  5. brooki

    Interesting Concept!

    Great fleas have little fleas upon their back to bite 'em, and little fleas have lesser fleas, and so ad infinitum... Until Morpheus sends me the phone, I guess I have to assume this is the real deal. apparently so, though looks limited at the moment: http://www.slsolutions.org/?PHPSESSID=33db...b8fcd21e23d75ea also virtual banks and credit cards looks to be a goer in SL too: http://www.zdnetasia.com/news/internet/0,3...62015826,00.htm TLM
  6. brooki

    Interesting Concept!

    I watched this on BBC2s 'Money program', last week. http://www.bbc.co.uk/pressoffice/pressrele.../24/money.shtml I'd have thought that it would be unnecessary to tax any gain within the virtual world, as it would be the actual gains when realised in the real world that would end up getting hit. However, it would presumably be possible to defer real gains, by hanging on to them in the virtual world. There were examples of companies such as Reebok getting involved to advertise their wares, but nothing was said about banks, or whether virtual credit was possible, though there were virtual ATMs. I'm not up on this, but I would assume that there is a finite supply of virtual currency generated within the game world, so presumably no inflation? I think this aspect would have been a far more interesting slant for the beeb to take. It was also interesting to see that it is possible to generate an income from 'gold-harvesting' within these game worlds. The example shown was a sort of high tech sweat shop, with Chinese workers clocking in to perform mundane virtual tasks at their PC work-station, accumulating virtual wealth, whether via the in-game fiat currency, or valuable items. These items were then sold in the real world through e-bay to cash-rich, time-poor players in the west. Presumably the 'gold-harvesters' were paid per hour, with the employer creaming off larger profits. It may be worthy of note, that many in game currencies, especially the medieval fantasy types are the classic 'gold-piece', though in Second Life it's something called the Linden after the street where the developers were based. Another point was that virtual property developers were snapping up areas of the game world, then sub-letting them to other players for real-world profits. On a more philosophical note, if people get so involved with these, that it partially replaces their real world interaction, presumably we could end up with virtual worlds within virtual worlds. TLM
  7. but how many own 100% of equity in their property and can they say that they truly own their homes? In 1914, credit would have been practically non-existent to the vast majority of the population. This is where, for me, the whole system seems to break down. All of this debt is man-hours owed, and ultimately must be repaid, defaulted on, or inflated out of existence. The former seems unlikely, or at best will be a long time coming and break many. The other two options will result in lasting pain. TLM
  8. brooki

    Scouting Centenary Gold 50p Coin

    sorry, still off topic, but... No.6, wow, SGI.L stock price up from below 20p in 2003 to £2 today - that's a pretty impressive gain. A bit more on the company recently from the Telegraph: http://www.telegraph.co.uk/money/main.jhtm...5/ccpoint15.xml they certainly didn't do that well by giving punters top dollar when selling their collections - looks like there needs to be a bit more competition in the market. Back on track - couldn't find much info on the black coating for the coins - could be a sintered nickel finish, or could just be an epoxy resin coating, as you say, Harvi, who really cares. Bummer on the 2d blue, a good lesson, though to keep your mouth shut about the gold bullion! TLM
  9. brooki

    Scouting Centenary Gold 50p Coin

    Hi Harvi, that's about what I reckoned for the one ounce set of coins. Could go for the smaller weights, but somehow it doesn't seem quite the same, does it? Easier on the pocket, though. Re the scouting 50p, my knowledge is also pretty limited, but it does seem way overpriced based purely on gold content. Maybe there's a clique of be-woggled gold bugs out there that will snap them up. I like the look of the coins with the black backgrounds (assume that it isn't just a trick of the light), I wonder what they use, there's not much that reacts with good old inert gold, if I remember my chemistry right - maybe it's just a coating of some sort. Re collecting, I always liked stamps better than coins. Guess I should take my childhood collection down to Stanley Gibbons and get it valued - I know I've got a few old original twopenny blues and penny reds lurking in there - no penny blacks, though. Maybe I'll start a stamps thread if i find anything valuable. Cheers, TLM
  10. brooki

    Scouting Centenary Gold 50p Coin

    Be prepared - to be ripped off... for that price you can practically get a one ounce Kruger. Nice looking coin though. TLM
  11. Found this article written today, on LewRockwell.com - a bit of useful history for any novice investors here: The Federal War on Gold by Jacob G Hornberger. An excellent account of the rise of paper money in the US, starting with Abraham Lincoln's legal tender law in 1862, whereby loans that, in the past were required to be paid back in gold/silver coin, could now be repaid in promissory notes. The apparent reason for this was to inflate away the war debt accumulated during the American Civil War. It also includes a good explanation of Roosevelt's Executive Order 6102 of 1933 which prohibited the “hoarding” of gold by U.S. citizens. Americans were required to turn their gold holdings over to the federal government at the prevailing price of $20.67 per ounce. The legality of this was taken to the supreme court and in an act of breathtaking cynicism: ie: payment of debts to private individuals could not be covered by payment in gold, but the governments could force it's debts to be paid in gold. The author's bottom line is: Can't say I know enough about this to say whether this is paranoia or realism - any comments? TLM
  12. brooki

    The Wind Power thread

    I'm going to wander OT here, so apologies in advance. This public disconnect is apparent in many areas. As Malco touches on, (good post, BTW), food production and packaging means I don't have to worry about slaughtering my own animals to survive, though a film like 'Babe' might occasionally tug on the heartstrings and remind people where pork chops actually come from. The £1 item of clothing from Primark, or a DVD player that's cheaper than the DVD it's playing must be exploiting someone down the line somewhere. Fair enough, that's market forces at work, but I wonder how many people see past the price tag and question why. I remember my mother darning socks and patching clothes. It's cheaper in time and effort to replace than repair many goods - at least for the time being. These examples are dependent on sufficient resources and ultimately, of course on energy for production, manufacture, transport, etc. While many people may be ignorant or unquestioning, I suspect there is an element of 'Doublethink' in acknowledging these issues, whilst at the same time thinking or hoping that there won't actually be any personal consequences - like knowing smoking is dangerous but carrying on regardless. And of course a stupefied and unquestioning populace are much easier to control and govern - Juvenal's 'bread and circuses' are still as true today as they were in 1AD. TLM
  13. I'd heard this too, from Frizzer's experiences related in the first Minesite podcast; seems that they just prefer to deal with the trade. I just kept the chat to a minimum, asked for the spot price and made the transaction. I had phoned them up the prevous week though, to check availability and payment options, so knew exactly my approach in the shop. I'd say the guy was brief, to the point of being abrupt, but businesslike rather than rude. I think if I'd dithered about I'd have got shorter shrift, though. TLM
  14. I bought some Krugers there in person just before Xmas. They don't take plastic in the branch, so it's either cash on the nail, or pay by cheque, and collect later, after it clears. TLM
  15. DrB, I think a name change is a good idea, the emphasis has shifted from green energy. However, I note that a site called 'GlobalEdge' already exists and was created by the Center for International Business Education and Research at Michigan State University. http://globaledge.msu.edu/ More business news than an investment forum, but arguably a similar area. It actually looks quite informative. Hopefully not a problem, but wouldn't like to see this site getting into copyright wrangles. TLM