[UNO] Unobtanium Info & Discussion - Merge Mine w/BTC! - Update NOW to qt 0.11.5

[Benefactor]

No as an economics major, I am living up to date.

To experienced traders who have seen many recessions and hundreds of scams across the blood-soaked field of financial instruments, your comments betray the impression you are attempting to portray.

You might want to figure out why that is.

Just a friendly thought.

-

...And if you are being taught anything currently pragmatically "profitable", you don't double-down on a 7-year high, you REBALANCE, preferably into a different asset class.  Your point about dividends notwithstanding.

[SgtMoth]

How happy do you think china is that United states is naked selling gold, driving the price down.  China's coming off Chinese  new year(or whatever)  Part-time job creation isnt a recovery, most people arent even looking for job because there is no jobs.  Go to the store and try to find things made in canada or US.  They are hard to find, most things are made in china.  Free trade and nafta are killing us.  Canada's manufaction in Ontario is dying.  People are moving from the East to the West looking for jobs, yet our government keeps bringing in immigrants.  What about the millions obama has let in to the states?  Where are they going to work?  What about all the things hes promised them, who will pay for it.  Obamacare, whos going to pay for that.  What about the rich leaving the states?

there's two handfulls of jobs everywhere i turn in northern california. every moderately capable person i know around here is in a position of power at their high paying job.  

Things may be fucked for Joe Canada up in Edmonton or Winnepeg or St John's but that doesn't mean there are "no jobs."  It just means people have to get out of their comfort zones and head to the big cities, or they need to do more to live off the land.  And no offense personally, but oil needs to go away for good starting last year.

I was laid off on feb 11 and found another 2 days later, but after orientation I didnt start till feb 20.  There are jobs everywhere you turn(as long as your skilled) but the city would be the last place I would turn for a job to be honest with you.  I live in a small town(800) and I hate cities, I dont even lock my doors.  At one time, I had $30-40000 worth of miners in my garage.  I dont worry about my future, I worry about my kids future.  I agree about oil, but sadly its not going away anytime soon.  I personally only have about $3 000 dollars worth of debt and I try not to borrow money(just for RRSPs(Registered Retirement Savings Plan)  I agree about the housing bubble(http://www.cnbc.com/id/102447544) but still no raise in interest rates.  In 2008, 4litres of milk cost me $4.50, today its $6.35.  Just because oil prices have fallen, doesnt mean things are getting better.  I dont see these prices coming down anytime soon if ever.  Since 2008 my wage has increased and Im not about to take a pay cut because oil has gone down.  Inflation is rising even though the government claims its staying at 2%

*Im curious as to what the first quarter growth is going to be.

[Benefactor]

I made a poll for TrueCryptonaire, a new thread to discuss this stuff off of the UNO thread.

https://bitcointalk.org/index.php?topic=966783.msg10569590#msg10569590

[Benefactor]

How happy do you think china is that United states is naked selling gold, driving the price down.

 Lol.  They are happy - they keep buying up the cheap gold along with Russia.  ...But your point is right - totally manipulated markets, precious metals especially, repressed prices to prop up the dying $USD.  Just before the $USD dies, it rises, and rises, and rises.  (Refer to Jim Willie on that one; he was right.)  The fiat'ists have nowhere to run, and can't "see" precious metals, much less cryptos or a gem like Unobtanium, so they go to the $USD, as the elite roll over into other assets like they always do, especially into the market for mind-controlled slaves and public higher 'learning'.  

TrueCryptonaire - low crude prices overall hurt the US economy.  Higher 'health''care' costs more than offset any consumer advantage.  Idealists' trickle-down economics don't really work in the real world, not only helicopter Ben type stuff, but neither does lowering raw materials costs.  Besides the millions of truly miserable over-qualified new part-timers in the 'job-creation' of the current fake US economy, the most 'REAL' jobs were created in the Oil Shale industry, fracking and such.  You can't produce oil like that @ $60/barrel, so the low prices are killing that industry.  (By design I may add. )  No, low crude prices are not good for the US Economy at this date and time.  Just a practical reality in a complex world.

If you are still in school, though....  Yeah, go along with the professor's song.  Go along to get along.  Just say what the professor says like a parrot and you'll do just fine in your escape from that oft-expensive place.  (Don't challenge the professors, either.  Ooof!)  (Also, go along with any liberal agenda stuff, like changing the lexicon and whatnuts.   )

[SgtMoth]

Does the crimex actually sell physical gold or just paper contracts?

[TrueCryptonaire]

TrueCryptonaire - low crude prices overall hurt the US economy.  Higher 'health''care' costs more than offset any consumer advantage.  Idealists' trickle-down economics don't really work in the real world, not only helicopter Ben type stuff, but neither does lowering raw materials costs.  Besides the millions of truly miserable over-qualified new part-timers in the 'job-creation' of the current fake US economy, the most 'REAL' jobs were created in the Oil Shale industry, fracking and such.  You can't produce oil like that @ $60/barrel, so the low prices are killing that industry.  (By design I may add. )  No, low crude prices are not good for the US Economy at this date and time.  Just a practical reality in a complex world.

If you are still in school, though....  Yeah, go along with the professor's song.  Go along to get along.  Just say what the professor says like a parrot and you'll do just fine in your escape from that oft-expensive place.  (Don't challenge the professors, either.  Ooof!)  (Also, go along with any liberal agenda stuff, like changing the lexicon and whatnuts.   )

Do you have a qualified research to support your claim that low oil price hurts US economy more than helps?
It is not so easy question to answear really.
Do you have some kind of proven fact how much it costs to produce shale oil? I asked this from a friend of mine who is doing his dissertion on this field and he did not answear me yet so probably you have better data to show me.  

Despite my prophessor is very introverted guy and has hard time to pronounce letter "S" he is very smart and sharp guy to whom I appreciate very much.
He has also some achievements in his academic scholar that not many economists have.


BTW, thanks for noticing my idea of investing in dividend paying stocks. Yes, I know it is boring and stuff and therefore you wanted to have a little bit fun and that's cool.
I don't bother to answear there but here I am stating that you should not buy them if you expect the price to rise since you may not get the anticipated outcome.

What comes to your immature critique Ben Bernanke's monetary policy, he probably saved USA from civil war. Sure for long term printing money is not a gateway to bliss but it was the only and necessary step to take on the road to save USA.
However, now the challenge is to withdraw the FED's operations from the markets which they have started.
The interest rate might be optimal in the current environment as the growth is still fragile.

[Benefactor]

Jim Willie's Hat Trick Letter is a compilation from some great researchers - refer to them.  I've only seen their results.  It's at least as good as academia data.  (He's such a Billy Mays, though.    lol.)

Just like a child, I'm not graceful/gracious when asked to 'prove' something, so you get no link.  You may not otherwise see that you are fighting yourself.

[Benefactor]

However, now the challenge is to withdraw the FED's operations from the markets which they have started.

The TV mind-control programming is strong in this one.  

The day after they announced the End to QEII, Japan announced their own manipulations on the global economy.  

After QEI ended, someone in Brussels started to buy up everything.

QE hasn't ended at all, and cannot without a Western world financial collapse.  (Doesn't actually mean some equities would collapse, though, as the corporate mind-control slaves are an asset, afterall.)

[TrueCryptonaire]

However, now the challenge is to withdraw the FED's operations from the markets which they have started.

The TV mind-control programming is strong in this one.  

The day after they announced the End to QEII, Japan announced their own manipulations on the global economy.  

After QEI ended, someone in Brussels started to buy up everything.

QE hasn't ended at all, and cannot without a Western world financial collapse.  (Doesn't actually mean some equities would collapse, though, as the corporate mind-control slaves are an asset, afterall.)

Yes, Japan is stimulating Japanese economy and ECB is stimulating European economy. They should have done this years ago but they were too cautios of inflation and now we see how the European economy suffers and US economy prospers.
So what?

[Benefactor]

I'm not much of a debater.

I am responsible for my own navigation.

Sometimes I share some tidbits.

Sometimes, re-reading what people have written helps. 

[SgtMoth]

TrueCryptonaire - low crude prices overall hurt the US economy.  Higher 'health''care' costs more than offset any consumer advantage.  Idealists' trickle-down economics don't really work in the real world, not only helicopter Ben type stuff, but neither does lowering raw materials costs.  Besides the millions of truly miserable over-qualified new part-timers in the 'job-creation' of the current fake US economy, the most 'REAL' jobs were created in the Oil Shale industry, fracking and such.  You can't produce oil like that @ $60/barrel, so the low prices are killing that industry.  (By design I may add. )  No, low crude prices are not good for the US Economy at this date and time.  Just a practical reality in a complex world.

If you are still in school, though....  Yeah, go along with the professor's song.  Go along to get along.  Just say what the professor says like a parrot and you'll do just fine in your escape from that oft-expensive place.  (Don't challenge the professors, either.  Ooof!)  (Also, go along with any liberal agenda stuff, like changing the lexicon and whatnuts.   )

Do you have a qualified research to support your claim that low oil price hurts US economy more than helps?
It is not so easy question to answear really.
Do you have some kind of proven fact how much it costs to produce shale oil? I asked this from a friend of mine who is doing his dissertion on this field and he did not answear me yet so probably you have better data to show me.  

Despite my prophessor is very introverted guy and has hard time to pronounce letter "S" he is very smart and sharp guy to whom I appreciate very much.
He has also some achievements in his academic scholar that not many economists have.


BTW, thanks for noticing my idea of investing in dividend paying stocks. Yes, I know it is boring and stuff and therefore you wanted to have a little bit fun and that's cool.
I don't bother to answear there but here I am stating that you should not buy them if you expect the price to rise since you may not get the anticipated outcome.

What comes to your immature critique Ben Bernanke's monetary policy, he probably saved USA from civil war. Sure for long term printing money is not a gateway to bliss but it was the only and necessary step to take on the road to save USA.
However, now  challenge is to withdraw the FED's operations from the markets which they have started.
The interest rate might be optimal in the current environment as the growth is still fragile.

How old are you?  Im 43, Ive lived through a few recessions already, does that count as research?  Im raising a family, paying bills and putting food on the table is real world economics.  I have a feeling you dont have the slightest idea how many industries and businesses rely on the oil industry.  I do have a very good idea the money involved in fracking as well.  With the pressures involved(we are talking about cracking rock formations to release oil) all equipment involved needs to be safe(surface equipment is extra beefy, something like 10 000psi+) , otherwise people will die. https://www.youtube.com/watch?v=PQKjLFY5YEY  These wells have an average life of 2 years.

The fed is privately owned by the banks.  Their only interest is in making money for their investors.(banks)  His monetary policy has not saved the usa from civil war, but has brought it closer.  Look at how many states are talking about succession   http://en.wikipedia.org/wiki/2012_state_petitions_for_secession
How many successful businesses has your professor own or operated, I assume it to be ZERO.  

[BitcoinCharlie]

Economists are all blowhards.  The more precise they make their answers, the more incorrect they always are. The FED has no clue what it's doing. We are in unprecedented waters. Google Jim Rickards, read some of his stuff.

If you really want to know what's going on in the world go to:

http://www.shadowstats.com/

John Williams costs $200 / year, but he gives you the straight dope on the US government's "numbers." Highly recommend...

[SgtMoth]

Without the Oil industry, the american dollar would not longer be needed as the reserve currency.  True or False?

[SgtMoth]

Economists are all blowhards.  The more precise they make their answers, the more incorrect they always are. The FED has no clue what it's doing. We are in unprecedented waters. Google Jim Rickards, read some of his stuff.

If you really want to know what's going on in the world go to:

http://www.shadowstats.com/

John Williams costs $200 / year, but he gives you the straight dope on the US government's "numbers." Highly recommend...

bookmarked

How many Economists warned us of the 2008 crash?  I remember the puppets on the news were telling everyone not to sell their stocks as it crashed hard.

[BitcoinCharlie]

Without the Oil industry, the american dollar would not longer be needed as the reserve currency.  True or False?

Absolutely.  It should actually be called the petro-dollar. Google Henry Kisinger and the little meeting that he had with the house of Saud after Nixon closed the gold window in 1971. Very revealing....

If one looks at the bi-lateral currency exchanges being brought into existence, Sino-Russo, Sino-Iran, Russo-Singapore, etc. the dollar's days are clearly numbered.  I would not be suprised if the Chinese come out with a gold-backed yuan at some point. They've been buying like crazy! Look out US dollar if they do!

[TrueCryptonaire]

Economists are all blowhards.  The more precise they make their answers, the more incorrect they always are. The FED has no clue what it's doing. We are in unprecedented waters. Google Jim Rickards, read some of his stuff.

If you really want to know what's going on in the world go to:

http://www.shadowstats.com/

John Williams costs $200 / year, but he gives you the straight dope on the US government's "numbers." Highly recommend...

I am a bit fed up with people seriously fear mongering with hyperinflation while deflation is a threath we need to be afraid of in economy.
This site lost the credibility - it is one more of those sites that predicts/suggests hyperinflation to USA.

FED can prevent the hyperinflation very easily - just dumping their assets to the markets and thus hoovering the excessive money supply from the markets.
Also hyperinflation requires in USA that the people are working. As long as there are people idle but looking for job I am not afraid of inflation.

Looks like shadowstats has a political agenda (probably extreme liberal). I agree in many things with the liberals (actually much more than with the leftish wing) but I am not a blind believer of this stuff that I have been hearing years after years (hyperinflation comes, be ready, dig a hole on the ground and buy guns). Can you imagine, some people even do it - Youtube has vids of people doing it.

Extreme communism is as bad as extreme liberalism. Both are like religions - blind faith and living in cognitive disonance.

[TrueCryptonaire]

Economists are all blowhards.  The more precise they make their answers, the more incorrect they always are. The FED has no clue what it's doing. We are in unprecedented waters. Google Jim Rickards, read some of his stuff.

If you really want to know what's going on in the world go to:

http://www.shadowstats.com/

John Williams costs $200 / year, but he gives you the straight dope on the US government's "numbers." Highly recommend...

bookmarked

How many Economists warned us of the 2008 crash?  I remember the puppets on the news were telling everyone not to sell their stocks as it crashed hard.

Economists are not fortuna tellers.
Economists use econometric regression models and they simply extrapolate them so therefore there are bias. Despite it is not economists job to predict the future, people expect the economists to do it.
To blame economist for wrong economic prediction is similar than blaming meteoroligist for predicting in a wrong way tomorrow's weather. There is always uncertainity in all predictions.

If you are an investor you do not sell your stocks. If you are a speculator and a gambler you sell and buy stocks. It is all about the difference in mindsets.

[TrueCryptonaire]

Without the Oil industry, the american dollar would not longer be needed as the reserve currency.  True or False?

Absolutely.  It should actually be called the petro-dollar. Google Henry Kisinger and the little meeting that he had with the house of Saud after Nixon closed the gold window in 1971. Very revealing....

If one looks at the bi-lateral currency exchanges being brought into existence, Sino-Russo, Sino-Iran, Russo-Singapore, etc. the dollar's days are clearly numbered.  I would not be suprised if the Chinese come out with a gold-backed yuan at some point. They've been buying like crazy! Look out US dollar if they do!

That's a possible scenario. However once it happens Yuan becomes so strong that it is basically game over with Chinese exports and time for other countries to export to China.
The current success of China is due to artificially low yuan which boosts Chinese production via exports.

[sirsmokesalot]

Wait a second, what is wrong with buying guns and precious metals? Ammo is a great new currency. You got .22's like pennies then you got some 380s, then 9s, go to the 40s and 45s, up to the 223 and 556s. It all scales so well. The guns help me secure my own future without having to rely upon someone else to 'save' me. Sorry. The people in the military have families too, as do cops and such. I don't expect anyone to risk their lives to save my life. Hell, if i got my self into the mess, i should be able to get my self outta it. If not, my own damn fault.

McCarthy, pot, the internment of people of Asian decent after the pearl harbor bombings(hahaha surprised this didn't happen after 9/11 although i think we were at that threshold), manifest destiny..  anyone who thinks that the government keeps the best interest of the masses in mind is fooling them self. It just makes logical sense that the "world" is run on the whim of a few individuals. We are all working towards some end goal, right? No one appears to know what, yet we keep grinding away. Time travel, eternal life, enough food for everyone, what is the end game? Who fucking knows, don't worry, just keep doing what you all are doing, since it makes you all so happy, riiiight?

The bigger question is, does it even matter. What the fuck are we to do with that pile of cash anyway? You can't eat it, i suppose you could make clothing from it since it is partially linen, makeshift shelter maybe? Burn it for heat? It only means so much to everyone because everyone is sacrificing their time to get it, it better be worth what we are all giving up. Our freedom to live life, pretty priceless imo, which would explain why people value money so much. It is all they have to show for their time. HAHA let's keep it up though, great work! Humanity gets the gold star sticker this week.

You don't need a huge federally regulated system to establish trust. A small community is fine. You screw the community, you get exiled. Easier to keeps tabs on everything the smaller it is anyway. Really i long for an age that has come and gone. I just can't buy into this bullshit society where everyone feeds each others egos. Life is a static constant. It takes place and continues with or without us around. Certainly don't wanna leave life in a shittier position than it was found in, wouldn't be right for the next guy who has to live it. It doesn't matter if we do fantastic things or not with our lives, just as long as we don't make things worse.

[SgtMoth]

Wait a second, what is wrong with buying guns and precious metals? Ammo is a great new currency. You got .22's like pennies then you got some 380s, then 9s, go to the 40s and 45s, up to the 223 and 556s. It all scales so well. The guns help me secure my own future without having to rely upon someone else to 'save' me. Sorry. The people in the military have families too, as do cops and such. I don't expect anyone to risk their lives to save my life. Hell, if i got my self into the mess, i should be able to get my self outta it. If not, my own damn fault.

McCarthy, pot, the internment of people of Asian decent after the pearl harbor bombings(hahaha surprised this didn't happen after 9/11 although i think we were at that threshold), manifest destiny..  anyone who thinks that the government keeps the best interest of the masses in mind is fooling them self. It just makes logical sense that the "world" is run on the whim of a few individuals. We are all working towards some end goal, right? No one appears to know what, yet we keep grinding away. Time travel, eternal life, enough food for everyone, what is the end game? Who fucking knows, don't worry, just keep doing what you all are doing, since it makes you all so happy, riiiight?

The bigger question is, does it even matter. What the fuck are we to do with that pile of cash anyway? You can't eat it, i suppose you could make clothing from it since it is partially linen, makeshift shelter maybe? Burn it for heat? It only means so much to everyone because everyone is sacrificing their time to get it, it better be worth what we are all giving up. Our freedom to live life, pretty priceless imo, which would explain why people value money so much. It is all they have to show for their time. HAHA let's keep it up though, great work! Humanity gets the gold star sticker this week.

You don't need a huge federally regulated system to establish trust. A small community is fine. You screw the community, you get exiled. Easier to keeps tabs on everything the smaller it is anyway. Really i long for an age that has come and gone. I just can't buy into this bullshit society where everyone feeds each others egos. Life is a static constant. It takes place and continues with or without us around. Certainly don't wanna leave life in a shittier position than it was found in, wouldn't be right for the next guy who has to live it. It doesn't matter if we do fantastic things or not with our lives, just as long as we don't make things worse.

I like the way you think!!

*buy ammo stocks, no shortage of war! lol