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Topic: Gold collapsing. Bitcoin UP. - page 1280. (Read 2032274 times)

legendary
Activity: 1372
Merit: 1000
August 12, 2013, 07:01:14 PM
This is an issue where I take an unusual step (for me) of defending the US. 


Just watched an interesting history of the war for some original, never seen before Japanese footage in colour, (can't remember the name it is on Netflics.)

While you may be somewhat correct, you are looking at it from your cultural perspective; I would suggest you try taking that perspective with some Japanese friends. 

All in all, dropping a Nuke in a sparkly or uninhabited region could have gone a long way in the use as a threat.

As for the dirty DU bombs, there is lots of evidence to suggest the Afghan mountains are littered with the radioactive waste, least of which are the side effects the deformed births and myriad of radiation poisoning related diseases. 

To your last point, history seems to be repeating.   
legendary
Activity: 4760
Merit: 1283
August 12, 2013, 12:31:12 PM
However the US has done one thing, it has shown restraint when it had and has now vast nuclear advantage. I wonder what other countries with such and advantage would show the same restraint

The US of all countries? Nagasaki and Hiroshima ring a bell? No other country has ever dropped a nuke on people except the US.


This is an issue where I take an unusual step (for me) of defending the US.  It was a different time in history, and nuclear weapons were not well understood as evidenced by some of the domestic actions of our nuclear program.  The American/Japanese war in the Pacific was one of histories most brutal and we were understandably war-weary.  Coupled with this, the fact that the Japanese were tenacious and it was difficult to predict their response.  It was also not lost on people that the means that the Japanese employed to control their empire were themselves extra-ordinarily inhumane so there was an understandable attitude of 'they had it coming'.  Lastly, the destruction in both life and property of the atomic bombs were significantly less than the firebombings of Tokyo.

I do wish we had targeted differently.  We had only two weapons to make an impression which was a distinct factor, but I think we could have taken our time and continued to nuke less populated and civilian dominated targets as fissile material became available, and it was a sure thing that we'd be producing such material at as high a rate as possible.

Ultimately I doubt that there was any country who would have deferred on the use of atomic weapons if they were in anything remotely resembling our situation at that time in history.  Least the Japanese themselves.

The main lesson to be learned comes from the Japanese and it is to be ever vigilant against a militant leadership who has aspirations to build and maintain an empire.  They will deliver a bucket of tears to their people eventually.  Always do.  Unfortunately this lesson needs to be re-learned by the masses from time to time, and the US is in the mid-life of such a cycle as I read the tea leaves.

donator
Activity: 2772
Merit: 1019
August 12, 2013, 01:46:06 AM
However the US has done one thing, it has shown restraint when it had and has now vast nuclear advantage. I wonder what other countries with such and advantage would show the same restraint

The US of all countries? Nagasaki and Hiroshima ring a bell? No other country has ever dropped a nuke on people except the US.



I sense a Godwin moment on the horizon...

hehe. Since it hasn't occurred yet, let me add that I'm german.

How about that silver?



looks good to me. Just: why?
legendary
Activity: 2170
Merit: 1094
August 12, 2013, 01:16:07 AM
Is there or is there not a leukaemia epidemic in Iraq that wasn't there 10 years ago?

DU is more likely to cause kidney damage than leukemia.
The leukemia epidemic in that area and time frame is more likely related to the carcinogenic
pollution from the burning oil wells in Kuwait (set ablaze by Iraqi troops at Saddam's order).
kjj
legendary
Activity: 1302
Merit: 1026
August 12, 2013, 12:49:58 AM
You forgot #3, depleted uranium is less radioactive than the dirt you find it in, and of course, #4, "mass destruction" doesn't mean "reporters don't understand it", it has a specific meaning involving large areas.
Is there or is there not a leukaemia epidemic in Iraq that wasn't there 10 years ago?

I don't know, and neither does anyone else.  Medical statistics in stable parts of the world (the US and Europe, for example) are questionable because methodologies change.  In chaotic regions (Iraq qualifies), they are downright unbelievable.  I'm quite prepared to believe that more medical charts have certain checkboxes marked now than they had before, but I'm not willing to make the leap of faith to claiming that the checkbox is accurate, or ever was.

If you are suffering from some delusions about the accuracy of medical statistics, go read about AIDS in Africa, and keep in mind that when there is a scapegoat to blame, there is even more reason to fudge the numbers (intentionally or otherwise).
legendary
Activity: 1400
Merit: 1013
August 11, 2013, 10:39:40 PM
You forgot #3, depleted uranium is less radioactive than the dirt you find it in, and of course, #4, "mass destruction" doesn't mean "reporters don't understand it", it has a specific meaning involving large areas.
Is there or is there not a leukaemia epidemic in Iraq that wasn't there 10 years ago?
legendary
Activity: 1316
Merit: 1005
August 11, 2013, 10:31:38 PM
There is mounting evidence that advanced nuclear weapons have been, and are currently being used in Syria. Tactical strikes with marginal radiation and minor risk of causing earthquakes, as would be a possibility with typical bunker buster weapons.
You would see the same from a really large conventional bunker buster with DU casing. Nobody is using tactical nukes.

Do DU weapons cause lightning as a secondary effect? There is still the concern over tectonic activity. Not that I'm stating nuclear weapon use as fact, but questions are compounding the issue.

And as justusranvier offers: hypocrisy abounds.

Meanwhile, the gold-silver ratio is approaching 62. A sustained move below that level will strongly suggest a silver-led rally. For that matter, I'm also expecting USD$1,000+ Bitcoin within a year.

I think some of the embryonic technologies many of us have been following in recent years are about to break out as well; things that will make our gripes of today trivial.

We'll see...
kjj
legendary
Activity: 1302
Merit: 1026
August 11, 2013, 10:18:51 PM
DU weapons, by any objective definition of the term, are dirty bombs and as such should be classified as weapons of mass destruction whose use is a war crime. There are two problems with this, however.

Firs,t like all governments, the US government is in no way interested in obeying the rules that it imposes on others. Second, the term "war crime" is misleadingly redundant.

You forgot #3, depleted uranium is less radioactive than the dirt you find it in, and of course, #4, "mass destruction" doesn't mean "reporters don't understand it", it has a specific meaning involving large areas.
legendary
Activity: 1400
Merit: 1013
August 11, 2013, 06:25:08 PM
DU weapons, by any objective definition of the term, are dirty bombs and as such should be classified as weapons of mass destruction whose use is a war crime. There are two problems with this, however.

Firs,t like all governments, the US government is in no way interested in obeying the rules that it imposes on others. Second, the term "war crime" is misleadingly redundant.
donator
Activity: 2772
Merit: 1019
August 11, 2013, 03:59:19 PM
However the US has done one thing, it has shown restraint when it had and has now vast nuclear advantage. I wonder what other countries with such and advantage would show the same restraint

The US of all countries? Nagasaki and Hiroshima ring a bell? No other country has ever dropped a nuke on people except the US.

legendary
Activity: 1316
Merit: 1005
August 11, 2013, 03:50:50 PM
However the US has done one thing, it has shown restraint when it had and has now vast nuclear advantage. I wonder what other countries with such and advantage would show the same restraint

There is mounting evidence that advanced nuclear weapons have been, and are currently being used in Syria. Tactical strikes with marginal radiation and minor risk of causing earthquakes, as would be a possibility with typical bunker buster weapons.
legendary
Activity: 966
Merit: 1001
Energy is Wealth
August 10, 2013, 02:02:05 AM
I have some silver orders to be filled by 2016 at 4-5$ and I am positive...

Good luck in getting that order filled. Here is a rough guide what the mined Silver in the modern world is used for.
There would have to be a significant reduction on demand in some or all of its uses to get to that price.

27% Electrical/Electronics
22.2% Jewellery
11.1% Coins/Bullion
7.7% Photography
5.7% Brazing Alloys
5.7% Solar Panels
5.5% Silverware
3.7% Wood Preservatives
3% Catalysts
2.7% Water Purification
2.5% Batteries  (button-cell, new phones)
.9% Mirrors/Reflective glass
.5% Medical Applications
.4% RF Tags (Radio Frequency)
.3% Bearings (Jet engines)
1% Other (nanotechnology, anti-bacterial......)
legendary
Activity: 2044
Merit: 1005
August 09, 2013, 02:44:25 PM
jpm has now cornered the market with a 20% long position. They were short before, switched to long bias now.
legendary
Activity: 2100
Merit: 1000
August 09, 2013, 03:27:59 AM
I have some silver orders to be filled by 2016 at 4-5$ and I am positive...
legendary
Activity: 1764
Merit: 1002
August 09, 2013, 12:06:37 AM
silver over mid 18 Smiley

9 coming up and you'll be rich!
legendary
Activity: 4760
Merit: 1283
August 08, 2013, 11:28:06 PM
To all those who are salivating at the thought of the fall of USD, when and if the USD falls, then it will be replaced by Chinese Renminbi. When and if that time comes, you will be sucking the China man's dick.

Couldn't happen to soon.  Being the worlds super-power with troop garrisoned all over the world is provoking a lot of corruption or our original principles as a nation.  After the legacy of death squads, 'signature' drone strikes, Abu Ghriab, etc, a person would have to be a complete imbecile to buy the BS about our 'spreading freedom' or whatever.

It can be legitimately argued that our empire provides 1/4 of the world resources to 'us', but the spoils of war are increasingly mal-distributed so more and more it's the trailer trash that does the dying and the Wall street types that do the wealth accumulation.

As a nation we've got great resources and infrastructure within our borders, and lack a lot of the problems that the Chinese have (especially overpopulation.)  We have the potential to provide a decent quality of life for all of our citizens, or those who will do the bare minimum to participate at least, so I don't fear a fall from our lofty current situation.  There will certainly be an internal struggle to see what class shoulders what percentage of the reduction in inputs (hence ballooning police state apparatus) which is my main concern.

I have pretty close to zero concern about some Chinese guy showing up on the coast and making me suck his dick.  Some honky from Washington DC doing so is a vastly bigger threat to me.


However the US has done one thing, it has shown restraint when it had and has now vast nuclear advantage. I wonder what other countries with such and advantage would show the same restraint

Probably any nation with the organizational ability to develop nuclear weapons would have show 'restraint' if they were in our position.  We never had the ability to take over and police other populations and no great need for resources that could only be had through genocidal acts.  WW-II opened up other ways of achieving a larger share of the pie for us so it would have been stupid to opt for nuclear war (though various people argued for this from time to time.)

I feel that the US was a different nation 80 years ago.  The main reason I feel this way is that so many top scientist immigrated here and helped up develop nuclear weapons, and largely because they seemed to have confidence in our nation as a force of good.  In fairness it needs to be pointed out that the likes of Germany and the USSR were not much competition in this regard.  Anyway, it is hard to imagine anyone immigrating here now for that reason though plenty of people still come here for the money.  As we descend into a totalitarian surveillance state it will be interesting to see how that impacts the quality of our immigrant population.

legendary
Activity: 1834
Merit: 1019
August 08, 2013, 07:41:04 PM
To all those who are salivating at the thought of the fall of USD, when and if the USD falls, then it will be replaced by Chinese Renminbi. When and if that time comes, you will be sucking the China man's dick.

Couldn't happen to soon.  Being the worlds super-power with troop garrisoned all over the world is provoking a lot of corruption or our original principles as a nation.  After the legacy of death squads, 'signature' drone strikes, Abu Ghriab, etc, a person would have to be a complete imbecile to buy the BS about our 'spreading freedom' or whatever.

It can be legitimately argued that our empire provides 1/4 of the world resources to 'us', but the spoils of war are increasingly mal-distributed so more and more it's the trailer trash that does the dying and the Wall street types that do the wealth accumulation.

As a nation we've got great resources and infrastructure within our borders, and lack a lot of the problems that the Chinese have (especially overpopulation.)  We have the potential to provide a decent quality of life for all of our citizens, or those who will do the bare minimum to participate at least, so I don't fear a fall from our lofty current situation.  There will certainly be an internal struggle to see what class shoulders what percentage of the reduction in inputs (hence ballooning police state apparatus) which is my main concern.

I have pretty close to zero concern about some Chinese guy showing up on the coast and making me suck his dick.  Some honky from Washington DC doing so is a vastly bigger threat to me.



However the US has done one thing, it has shown restraint when it had and has now vast nuclear advantage. I wonder what other countries with such and advantage would show the same restraint

If they had any sense they would, but perhaps that's too much to expect nowadays
legendary
Activity: 2660
Merit: 1023
August 08, 2013, 07:38:45 PM
To all those who are salivating at the thought of the fall of USD, when and if the USD falls, then it will be replaced by Chinese Renminbi. When and if that time comes, you will be sucking the China man's dick.

Couldn't happen to soon.  Being the worlds super-power with troop garrisoned all over the world is provoking a lot of corruption or our original principles as a nation.  After the legacy of death squads, 'signature' drone strikes, Abu Ghriab, etc, a person would have to be a complete imbecile to buy the BS about our 'spreading freedom' or whatever.

It can be legitimately argued that our empire provides 1/4 of the world resources to 'us', but the spoils of war are increasingly mal-distributed so more and more it's the trailer trash that does the dying and the Wall street types that do the wealth accumulation.

As a nation we've got great resources and infrastructure within our borders, and lack a lot of the problems that the Chinese have (especially overpopulation.)  We have the potential to provide a decent quality of life for all of our citizens, or those who will do the bare minimum to participate at least, so I don't fear a fall from our lofty current situation.  There will certainly be an internal struggle to see what class shoulders what percentage of the reduction in inputs (hence ballooning police state apparatus) which is my main concern.

I have pretty close to zero concern about some Chinese guy showing up on the coast and making me suck his dick.  Some honky from Washington DC doing so is a vastly bigger threat to me.



However the US has done one thing, it has shown restraint when it had and has now vast nuclear advantage. I wonder what other countries with such and advantage would show the same restraint
legendary
Activity: 1246
Merit: 1010
August 05, 2013, 09:11:35 AM
Its a good time for an update...

the silverbox update (comparison from the beginning of this thread, March 13th, 2012, gold=1690, nasdaq=3055, Bitcoin=5.4):
Bitcoin is 107.62.  Gold is 1320.00.  Nasdaq is 3687.00
Bitcoin: 1892.96%
Gold:    -21.89%
Nasdaq:  20.69%
Gold Diff:  2452% advantage Bitcoin
Nasdaq Diff:  1551% advantage Bitcoin
2551.5965207631875
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
July 30, 2013, 06:22:04 AM
Apparent weakness in silver again—what's up with that?

Seems to be the consensus among those I pay attention to that gold will lead silver on the next leg up but that silver will outperform as usual.  Nobody seems prepared to call a bottom at this point.  Possibly because some of them have in the recent past and been badly humiliated.

I called bottom at $1200 late Jun-early July ... just for the record, not on this board though but my followers (all 2 of them) know.

We'll see I guess.
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