Global economic situation for liveaboard cruising yachties

My point exactly. We should be talking economics here or something. I am going to go work on my boat and businesses. Maybe I come back later if somebody has something interesting to say about economics/financials or when somebody produces an entertaining thread about me, like Mark. Oh, and it's tax filing time too ... I'm going to be busy for a while.

 

"or when somebody produces an entertaining thread about me"

...I guess that is an open invitation to ignore you......

 

http://www.financialsense.com/fsu/editorials/2010/0107.html Another potential investment opportunity...

 

...gold production in China last year exceeded 300 tons. (1 Ton = 35,274oz)...that is 10582200 ozs of gold, and at todays rate of $1130 (say) that is sooooo big a number that my calculator just blew a fuse and no longer works......it must have thought that I was doing my tax return or something as it has been so reliable for many years.

 

who said we're boxing

there was no previous mention of my having to put up any money nor anything about boxing. I dont really box, its just screwing around anyway.

my take is that after so many frankly incredible claims it would be interesting; since you offered a plane ticket and to put up money, to go spend a few weeks on a nice cozy warm beach and find out if any of them were for real

its not my goal to embarrass anyone but I think a little more alacrity might be in order were any or all of the following claims even remotely true

one big give away was not knowing that a fiat currency was not based on a tangible value

in the end Im not going to pursue this if the deal is constantly changing
you offered I just took you up on it thats all

in the end

will the real Nyalex please stand up

I can only suggest that this fictitious character; that frankly belies belief, is far less likely to be accepted or respected on the forums than the person of whatever experience you really are. Its just not necessary to pretend and Im only suggesting that maybe you reevaluate the honesty of some if not all of these extraordinary claims.

not trying to hurt anyone's feelings ( you would know it if I was ) just saying you might want to just try being yourself and seeing if you dont get accepted a lot easier without all the preposterous claims. We may be an opinionated bunch and rip each others dumb ideas from time to time but none of us are that gullible on our worst day.

I wish you the best and if you still want to send me a ticket and do a little sparing thats fine.

all the best
and just be yourself
leave off the wild claims
and have a good time

B

 

....and so say all of us.....

 

http://www.gata.org/node/8216 "Platinum, palladium ETFs to begin trade in U.S. Friday" - - This I find quaintly amusing, as who would be stupid enough to buy paper on a promise that it may be backed by a little precious metal? - only in America? - but rest assured there are plenty of suckers throughout the world who still believe in the tooth fairy and presumably Keynesian economic theory, that is just as real and as robust as a passing shadow...

I am waiting for China to make a large purchase of Bullion on the LBMA or one of the major bullion traders of NY and force delivery... That will set the tiger amongst the pigeons... - to put it mildly...

 

...it most likely will not happen Mas, as yjey all KNOW there is no actual gold....gold is oversold like silver, but don't lets get started on that one (16 times minimum!)

 

AhhYa, that would be me if I felt the Platinum market was going higher, and I don’t care if there is any platinum backing it. It would be like going to a horse race and saying that I’m only going to bet on the horse I own, now where can I buy a horse? Index funds don’t require any ownership to participate; yet you can take your profits, take the paper money and buy gold and coffee or anything you want. It’s all gambling and nothing is certain, even with gold.

 

The future lies in Plutonium. Just ask any Iranian(mullah).

 

http://www.gata.org/node/8217 "Chinese firm beats Morgan Stanley out of most of its derivatives claim" - - - - Hope none of your "investments" rely on Morgan:?: or Goldman Sachs - (Ali-barber & the 40 thieves got a haircut)...

http://www.caseyresearch.com/displayCdd.php?id=313 "Casey's Daily Despatch" - - - read and weep - especially on this bit

" As Bud Conrad points out in this month’s edition of The Casey Report, Weimar Germany entered its quintessential hyperinflation with its ratio of government borrowing to spending at 60%. In the U.S. today, that ratio has now crossed the 40% line – meaning the U.S. government is now borrowing over 40 cents of every dollar it spends – putting us in dangerous territory, indeed. And the U.S. isn’t in the worst shape of the world’s many sovereign deadbeats.

It’s worth taking a moment out of your busy lives to contemplate the definition of money. The government defines money as the electronic bits it can conjure up at will and in great quantities with a series of well-placed strokes on a keyboard. But the rule of money is that each new unit of money you make ultimately reduces the value of all existing units.

Gold, by contrast, has been good money for millennia – and can only grow in supply by the quantity the much denigrated miners can manage to scrape from obstinate soil… the new mine supply now totals about 3% a year, but even that modest amount, which runs well behind population growth, is declining as the easy deposits are depleted.

Of course, the fiat currencies still have their place – for the time being. But by the time this is over, I’ll be shocked to my core if we don’t see the experiment in fiat money come to an unhappy end, with something – anything – more substantial replacing the stuff. " - - somewhere around 6 to 12 months?

 

nyalex, now that I've read your response here & to my pm, I'll make a last response. I posted here before I messaged you, so my post here was responding to your previous antagonistic posts to myself & others. You will note a photo on my profile that shows myself on the drydock deck, next to a barge that we were refitting at the time. If you'd like documentation, I could scan my welding tickets & a pay stub & put them up for verification, though I don't recall my shipyard experience as being a part of the discussion. On second thought, why should I, when you are the liar & haven't backed your claims. Alternatively, you could contact George MacPherson or Peter Borzillo of The International Brotherhood of Boilermakers & Marine Workers, Local 1.
Though I have officially taken my honourable withdrawal, 6Aug2009, It's not as if they have forgotten who I am. http://www.marineworkers.ca/index.php
Don't become confused if they refer to me as a boilermaker, I just don't use the title out of respect for those whom are what I consider to be "real" boilermakers, though I did work on pressure vessels when required, just not on a constant basis. For me, welder/fitter is a better description of typical shipyard/drydock work and, yes, I was on both the welders & fitters(platers) seniority lists, as can be verified. I haven't mentioned my experience with Can. navy or coast guard, but could give evidence of these & of my initial reason for travelling to Asia, which was due to my passion for martial arts, though I do not refer to myself as an "expert" of any form & am eclectic in forms I have studied & appreciate. Like I said, we know who's who in the zoo around here & you do not have significant boating experience, just another lie. Having said all of this, I'm not interested in a dick measuring contest with you, or anyone else. Why you chose to run on about non-economic issues on this thread is bizarre & shows great insecurity on your part, as you'd know from your alleged studies in psychology. My mistake was bothering to respond to a troll. Rather than follow my advice, you seem compelled to continue your silliness. You'll have to do so without my further involvement, life is too short, so I'll put you on "ignore" and you can play "troll" to those who will tolerate you. You have serious psychological issues, best of luck with finding friends, here, it'll take a major attitude adjustment on your part.

Frosty, Mark, Boston, others - best of luck with this fool! See you around the forums!

Mike

 

http://www.financialsense.com/Market/wrapup.htm USA initial, continuing and emergency unemployment claims around 11,000,000 and rising STILL... Look at the actual numbers not the ******** headlines...

http://www.financialsense.com/editorials/kosares/2010/0107.html "Gold's steadfast performance..." - - Something here for welder/fitter

http://www.financialsense.com/editorials/willett/2010/0107.html "2010 Preview: The Wonderful Wizard of USD"

http://www.financialsense.com/fsu/editorials/schiff/2010/0107.html "It's Not Our Fault" - - never is

 

maybe, and maybe gold will go to $40,000 an ounce but you won't be able to exchange it, with out the fear of death squads, if you can even find someplace to exchange it. Then what will you exchange it for? It's the Mad Max fun and games, unless you have something to save you. It wouldn't be just the dollar that would crash, all currencies would.
What is gold to you, is it a investment for profit, protection in case of the Mad Max scenario? just curious

 

G8R, only in a rabid country, elsewhere caution, discretion and vigilance are advised... But that is a sensible attitude anywhere even now as 10 oz is as small and concealable as a small roll of 5c or 10c coins, but a $12,000 wad is not something to flash around stupidly... I doubt there would be much difficulty in exchanging bullion in 1 oz increments anywhere between the triangle of India, China and Australia/NZ with a bit of prearrangement and due care... Gold, once you know the ropes is readily and a remarkably well accepted monetary value...

Gold is money that does not devalue as fiat money will, it holds its purchasing power, is safe in times of economic fear and uncertainty, is internationally acceptable, transportable and easily verified as pure and not counterfeit...

The 'green' text you quoted is from the link before it... but a close view that I too hold... If you can, I would suggest that you purchase a couple of gold and silver coins as they become available, to be kept hidden for future emergencies, remembering the fears that you yourself expressed - do not even tell your wife or children as "innocent loose talk" could see pain and loss for you and your family...

These links are worth posting again and both, as far as I am concerned check out and are verifiable as accurate and true representations... http://www.usdebtclock.org/ and http://www.shadowstats.com/ - spend some time coming to grips with the USA data they contain... They may be a bit on the 'reserved' side rather then excessive...