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Silver Monitoring Thread £ (GBP) only.


Message added by ChrisSilver

To discuss price action in USD instead, please see here: https://thesilverforum.com/topic/19861-silver-monitoring-thread-usd-only/

 

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55 minutes ago, sixgun said:

The older people also remember the times when things became bad and how quickly they can become bad - i remember at college eating the school dinner - the mash potato - our staple food - it tasted bad. There was no salt for the potato, it had run out. Nothing was moving in the country. I remember the power cuts and the 3 day week. The lights would regularly go out at night. Today the country does not generate enough electricity - it is imported from France. We have centuries of coal but that would cause the climate catastrophe. i remember queues at petrol stations - i remember shortages of foods. All these things happened like a light switch. i have lived these things in England, so no-one can tell me it is bonkers.

It was bad. 

In the '70s it went downhill very quickly. Double digit inflation and double digit unemployment towards the end.

In fact, I don't believe that folk understand how bad and how quickly it can happen.

True, we had the Skynyrd concert in '76 and the Silver Jubilee in '77 but the '70s were rotten.

So much tension and violence. Near anarchy in the UK.

 

Edited by Roy

Technically, alcohol is a solution..

'It [socialism] poses a growing threat, however unintentional, to the freedom of this country, for there is no freedom where the State totally controls the economy. Personal freedom and economic freedom are indivisible. You can’t have one without the other. You can’t lose one without losing the other.'

"There is no such thing as public money, there is only taxpayers' money"

Let not England forget her precedence of teaching nations how to live.

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6 minutes ago, Roy said:

It was bad. 

In the '70s it went downhill very quickly. Double digit inflation and double digit unemployment towards the end. Near anarchy in the UK.

 

The United Kingdom joined the EEC in 1973 - everything progressed (regressed) as planned. The vast majority of people just can't see it and just don't get it.

Edited by sixgun

Always cast your vote - Spoil your ballot slip. Put 'Spoilt Ballot - I do not consent.' These votes are counted. If you do not do this you are consenting to the tyranny. None of them are fit for purpose. 
A tyranny relies on propaganda and force. Once the propaganda fails all that's left is force.

COVID-19 is a cover story for the collapsing economy. Green Energy isn't Green and it isn't Renewable.

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Yes, you can bookmark it.

Technically, alcohol is a solution..

'It [socialism] poses a growing threat, however unintentional, to the freedom of this country, for there is no freedom where the State totally controls the economy. Personal freedom and economic freedom are indivisible. You can’t have one without the other. You can’t lose one without losing the other.'

"There is no such thing as public money, there is only taxpayers' money"

Let not England forget her precedence of teaching nations how to live.

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1 hour ago, sixgun said:

i didn't call the Zimbabwean dollar hero - i said Zimbabwe was the breadbasket of Africa - now people are scratching around and going hungry. 

The breadbasket (hero) has gone to zero (and hence so has its currency).

You just don't get it - we can go back and forth about this all day and each side will dig their trenches a little deeper. i have experienced the economic roller coaster in England. i use history and experience. Time will prove one of us more correct - Deagel.com says they used publicly available documents and make a prediction - not my prediction but before the end of the 2020's England will not be anything like it is today - hope you are alive to see the changes.

 

 

you are not acknowledging the facts. you keep on

saying that we are in decline.(fact). accept this

we are in decline very, very slowly.(fact).

no one is disputing your fact that you repeat over

and over. problem is you don't accept that it's

happening very, very slowly. I don't get how you

look at the charts and not accept that the decline

in the £ started over 70 years ago. fact is, the

currency collapse in zimbabwe has happened very

quickly(years) and the currency collapse in the uk

is taking much longer(decades).

(I don't claim to understand why it is, I just try to

see what the data is telling me)

 

what's the truth about the uk's access to food today?

https://friendsoftheearth.uk/food-waste

https://www.telegraph.co.uk/news/2018/01/02/no-time-leftovers-astonishing-scale-food-waste-uk-around-world/

 

I didn't say your facts are wrong, I said you

exaggerate the truth because you consistently

forget to add the important fact that it's happening

slowly.

can it speed up? yes it can, but do we have any

facts that will back up that theory?

 

people are flexible, people will change. will england

change by the end of the 2020's? of course it will.

 

HH

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those who like to point out that fiat currencies

ultimately reach zero should remember that the

the debasement of the roman silver coins that

started maybe 3rd/4th century ad took up to

~7th/8th century to finalise as the fall of the

eastern roman empire. if you count byzantium as

a culture extension of the eastern roman empire

then it extends into the 11th/12th century.

we're talking maybe 400 years(or 800 years) for

a global(in trading terms) currency to collapse.

 

will fiat currencies collapse within the lifetime of

the young amongst us? (with something like the

us dollar, history has shown this is not guaranteed)

 

HH

Edited by HawkHybrid
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47 minutes ago, HawkHybrid said:

(I don't claim to understand why it is, I just try to see what the data is telling me)

what's the truth about the uk's access to food today?

https://friendsoftheearth.uk/food-waste

https://www.telegraph.co.uk/news/2018/01/02/no-time-leftovers-astonishing-scale-food-waste-uk-around-world/

i have not trawled through the documents Deagel.com used for this projection -  they are using intelligence agency documents - Big Brother data - i take it these are the 'facts' they rely on - you don't know about them but that doesn't matter jack sh1t when it rolls out - Deagel.com have been doing these projections for years and their figures change as the evidence in their sources changes. They have been a horror story for certain nations for some time.

You will not have missed the fact that Western governments are hell bent of carbon neutrality - the carbon dioxide content of the atmosphere is 0.04% - how often do we hear that fact. Humans contribute about 3% of that. More carbon dioxide is contributed by termites or so they say. The primary greenhouse gas is water vapour. 

There has been no global warming for 20 years. 

This is known by the government. Human activity is not contributing to any climate change of any sort. They know this. This is about global depopulation and equalisation so we are all at a subsistence level. This all part of Agenda 2030 - Agenda 21.

Before even drawing breath on everything will be alright, anyone needs to understand the ruling powers are hell bent on global depopulation and complete control. This carbon dioxide thing is a lie - it is a rouse to deindustrialise - to create a subsistence population. Commonsense tells you an autistic 16-year-old couldn't be the leader of anything credible. The UK government is apparently committed to carbon neutrality - banning internal combustion engine cars - we are no longer self sufficient in electricity. So you should forget the idea everything is necessarily going to plod along like it has before. The pace of degradation is accelerating. The powers that should not be and shoving us down the drain hole. 

GBP was wrecked in the 1970's - there was inflation above 20% at times. Prices went up every week in the shops. There had been low inflation in the 1960's. Five years of 1970's around 25% puts up prices over 3 x. That level of inflation i lived through - it happened. 

A collapse in society can happen - the currency collapses - you don't believe it will be but you surely can accept it could. The lights go off - the shelves are bare - there is rioting - Global cooling and worldwide food shortage take hold - food prices go up 100's of percent - in a heart beat - there is hunger and starvation - all these sort of things have happened in the Kingdom - look at the history pages (not that i necessarily believe most of them). 

The question is not could it happen, it is what are the chances - you believe they are negligible and it will be a slow ride to the end. i follow the Grand Solar Minimum quite closely - it has started - next winter is supposed to be one of the worst on record - the worst on record or so they say - no doubt it will be due to global warming. If it is then you should start rethinking - there will be a climate catastrophe but not the one the brainwashed children are bleating about. Winter is coming. The statistics are meaningless then - i see no preparations for the actual coming problems. The authorities drone on about global warming and create more taxes as a remedy. Fuel prices go up, more pensioners will die this winter. Let's see - it will unfurl and one of us will be proven right and the other wrong.

Edited by sixgun

Always cast your vote - Spoil your ballot slip. Put 'Spoilt Ballot - I do not consent.' These votes are counted. If you do not do this you are consenting to the tyranny. None of them are fit for purpose. 
A tyranny relies on propaganda and force. Once the propaganda fails all that's left is force.

COVID-19 is a cover story for the collapsing economy. Green Energy isn't Green and it isn't Renewable.

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3 hours ago, Miganto said:

"The majority of the economic and demographic data used in the making of the forecasts is widely available by institutions such as the CIA, IMF, UN, USG, etc. You can see the most relevant data at every single country's page "

 

Nothing, from the information he is using, predicts what he is saying.  There are also no facts involved except current and recent demographics, yet from that he is stating a lot of predictions, based on what if's, based on what if's, based on what if's...

So here is my prediction based on those facts, which is just as accurate - the price of eggs will increase by 3000000%.  Any country producing eggs will becomes global power houses and their population will increase 18 fold.  All countries not producing eggs will become bankrupt and their population will flee to egg producing countries.  Chickens will become our new gods, forget Athena and Odin, Chickinessa will be emblazened upon our coins from now on.

You can find all egg producing countries on the internet, these are facts, not lies!

 

Huh, this is fun.  I see why people do it and make entire websites based on it.

Sounds like a Sheldon and Amy game....lol.

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4 hours ago, sixgun said:

This all part of Agenda 2030 - Agenda 21.

Can you please kindly expand on that

 

5 hours ago, KDave said:

With the printing that will be happening soon the mid 2020's will be a repeat of the 1970's. Inflation double digits and interest rates as not seen for 20 years. It started 2 weeks ago but will take years to play out.

 

What started 2 weeks ago? 

 

Thank you 

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2 minutes ago, Nobody said:

This all part of Agenda 2030 - Agenda 21. - Can you please kindly expand on that

Agenda 21 (21st century) is an action plan of the United Nations with regard to sustainable development. It arose from the Earth Summit held in Rio de Janeiro in 1992.

Agenda 2039 - The Sustainable Development Goals - 17 global goals set by the United Nations General Assembly in 2015 for the year 2030.

You would have to spend some time looking into these - there are a number of videos looking at this topic and where it started from with the Club of Rome in the 1960's which is where the Global Warming scam originally came from.

Always cast your vote - Spoil your ballot slip. Put 'Spoilt Ballot - I do not consent.' These votes are counted. If you do not do this you are consenting to the tyranny. None of them are fit for purpose. 
A tyranny relies on propaganda and force. Once the propaganda fails all that's left is force.

COVID-19 is a cover story for the collapsing economy. Green Energy isn't Green and it isn't Renewable.

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7 hours ago, sixgun said:

 - i remember at college eating the school dinner - the mash potato - our staple food - it tasted bad. There was no salt for the potato, it had run out. Nothing was moving in the country. I remember the power cuts and the 3 day week. The lights would regularly go out at night. Today the country does not generate enough electricity - it is imported from France. We have centuries of coal but that would cause the climate catastrophe. i remember queues at petrol stations - i remember shortages of foods. All these things happened like a light switch.

 

 

Wow, that’s so frighting and can’t imagine how it must have been back in the day. What else happened in the late 1970s? 

 

 

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8 minutes ago, Nobody said:

What started 2 weeks ago? 

ECB started rate cuts and printing, the FED followed and has been buying bonds, the BoE kept rates the same because we did our part in 2016 (QE and rate cut). Sterling falling since then has protected the UK from seeing the deflationary effects of FED tightening, but we will see the effects soon as sterling has bottomed. 

The attack on Saudi demonstrated just how tight liquidity is. QE is not official in the US yet but it soon will be and it will take years to come to conclusion, CB's will be ramping it up soon. 

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8 minutes ago, Nobody said:

Wow, that’s so frighting and can’t imagine how it must have been back in the day. What else happened in the late 1970s? 

i went to University and there was the Sex Pistols.

Always cast your vote - Spoil your ballot slip. Put 'Spoilt Ballot - I do not consent.' These votes are counted. If you do not do this you are consenting to the tyranny. None of them are fit for purpose. 
A tyranny relies on propaganda and force. Once the propaganda fails all that's left is force.

COVID-19 is a cover story for the collapsing economy. Green Energy isn't Green and it isn't Renewable.

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17 minutes ago, KDave said:

ECB started rate cuts and printing, the FED followed and has been buying bonds, the BoE kept rates the same because we did our part in 2016 (QE and rate cut). Sterling falling since then has protected the UK from seeing the deflationary effects of FED tightening, but we will see the effects soon as sterling has bottomed. 

The attack on Saudi demonstrated just how tight liquidity is. QE is not official in the US yet but it soon will be and it will take years to come to conclusion, CB's will be ramping it up soon. 

Thank you.  In terms of value and numbers wise.  Is this currency QE lower or higher  compared to the 2008 era? Thanks 

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40 minutes ago, Nobody said:

Lol. 

 

So by 2021 or 2039 will be complete doomsday? For a person under 30, in a dead end job earning mid 20s salary,  what advise would you give? 

Productivity is the key to a great life and savings.

Money isn’t the gauge to a good life also but it helps. You will always have problems big or small it’s the way we deal with them is the test.

i love working, I just don’t like working with idiots...

 

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2 hours ago, Nobody said:

Lol. 

So by 2021 or 2039 will be complete doomsday? For a person under 30, in a dead end job earning mid 20s salary,  what advise would you give? 

Agenda 21 - means the agenda for the 21st century. God know what will happen in 2039 - hopefully we will be starting to come out of the Grand Solar Minimum. If you are still alive and kicking it could be better times - different but hopefully better.

Always cast your vote - Spoil your ballot slip. Put 'Spoilt Ballot - I do not consent.' These votes are counted. If you do not do this you are consenting to the tyranny. None of them are fit for purpose. 
A tyranny relies on propaganda and force. Once the propaganda fails all that's left is force.

COVID-19 is a cover story for the collapsing economy. Green Energy isn't Green and it isn't Renewable.

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1 hour ago, Martlet said:

I'd advise either buy beans and Kalashnikov's, or forget the fear and get on with life. 

Do all you can - feel the fear and do it anyway - buy lots of dried beans - sacks and sacks of them - if you can get a AK47 with lots of ammo do it. And don't forget to keep stacking - we all agree on that.



Added 0 minutes later...
1 hour ago, Miganto said:

I said it before and i'll say it again - eggs.  When doomsday comes in the next few years, eggs are the winner.  Long live the chicken emperor!

i eat a lot of eggs - they are good for you.

Always cast your vote - Spoil your ballot slip. Put 'Spoilt Ballot - I do not consent.' These votes are counted. If you do not do this you are consenting to the tyranny. None of them are fit for purpose. 
A tyranny relies on propaganda and force. Once the propaganda fails all that's left is force.

COVID-19 is a cover story for the collapsing economy. Green Energy isn't Green and it isn't Renewable.

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2 hours ago, Miganto said:

Safe storage for 8 hours or so, i like the plan.  No-one will ever find your horde.

Dehydrated (powdered) eggs are a convenient staple to pantry (suitable also for an 'emergency kit') to any household. Nutritious sustenance in a pinch, on a bush hike etc. https://preparednessmama.com/powdered-eggs/

On a lighter note (warning for explicit language and disturbingly loud volume): 

 

 

The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary. - H.L. Mencken

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Gore has multi million dollar beach front property - the Obomination has 7 figure beach front property, correction 8 figure beach front property - but claim the seas are rising and we will all be washed away. Fecking liars - scam artist - pure evil scum.

Edited by sixgun

Always cast your vote - Spoil your ballot slip. Put 'Spoilt Ballot - I do not consent.' These votes are counted. If you do not do this you are consenting to the tyranny. None of them are fit for purpose. 
A tyranny relies on propaganda and force. Once the propaganda fails all that's left is force.

COVID-19 is a cover story for the collapsing economy. Green Energy isn't Green and it isn't Renewable.

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