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Iran, the fear of war and metals

Hang on to your hat. Metals surging.

Comments

  • derrybderryb Posts: 36,943 ✭✭✭✭✭
    edited January 5, 2020 6:56PM

    thank the warmongers. This is one they've been wanting for a long time.

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • blitzdudeblitzdude Posts: 5,961 ✭✭✭✭✭

    @derryb said:
    thank the warmongers.

    Anyone know how to insert a youtube video? I've got just the song.

    Bunch of psychopaths running the planet. Can't end well for Joe Plumber and or the Smiths. Stack on, and to all hopefully not just stacking metals. Semper Fi!

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™

  • 1630Boston1630Boston Posts: 13,786 ✭✭✭✭✭
    edited January 6, 2020 4:56AM

    @blitzdude said:

    Anyone know how to insert a youtube video?

    Play the video
    right click on video
    left click on "copy video URL"

    left click where you want to insert video
    type "ctrl V"

    done

    Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb

    Bad transactions with : nobody to date

  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭

    The watershed event will be when John Q. says he'd like an ounce or so.

    !!!! POW !!!!

  • derrybderryb Posts: 36,943 ✭✭✭✭✭
    edited January 6, 2020 2:39PM

    only the beginning of increasing instability.

    Oil supply will be the first casualty (which will prove it really is and always has been about oil). Gold will benefit.

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • bronco2078bronco2078 Posts: 10,244 ✭✭✭✭✭
     B)  L:ets make this a porn thread  with some middle eastern PM's !!
    

    I only have some tiny turkish coins I am not going to try to photograph 1/4 and 1/2 gram sized , I could sneeze them across the room , damn sinus infection
    I had some pahlavi gold but they are years gone. Someone must have some Iranian big gold they could post , I'd be lion if I said I didn't like Iranian coins :#

  • bronco2078bronco2078 Posts: 10,244 ✭✭✭✭✭

    I was at a coin shop today going through a bag of foreign junk silver today and a guy came in and bought 3 ounces of gold in a hurry.

    Panda , AGE proof , and 2 $10 circs , paid in $100 bills refused his receipt and went out the door in less than 5 minutes.

    He was dithering over the Panda , I spent some moments casually opining that some years are over melt on those and he took it to spite me :D

    I should have gotten a finders fee for shoving him at it but I did walk out with a small envelope of 1800's austrian and german spare change at melt for my troubles . Trying to figure out what I actually got will be my next project.

    The simple pleasure of squinting at the krause austria and the german states section for a few hours is not for everyone

  • bronco2078bronco2078 Posts: 10,244 ✭✭✭✭✭

    @bronco2078 said:

     B)  L:ets make this a porn thread  with some middle eastern PM's !!
    

    I only have some tiny turkish coins I am not going to try to photograph 1/4 and 1/2 gram sized , I could sneeze them across the room , damn sinus infection
    I had some pahlavi gold but they are years gone. Someone must have some Iranian big gold they could post , I'd be lion if I said I didn't like Iranian coins :#

    edited to ask wtf is with the inset box and weird bolding on "with some" , i did not intend that and don't see how it came to pass

  • ShadyDaveShadyDave Posts: 2,201 ✭✭✭✭✭
    edited January 6, 2020 5:41PM

    @bronco2078 said:
    I was at a coin shop today going through a bag of foreign junk silver today and a guy came in and bought 3 ounces of gold in a hurry.

    Panda , AGE proof , and 2 $10 circs , paid in $100 bills refused his receipt and went out the door in less than 5 minutes.

    He was dithering over the Panda , I spent some moments casually opining that some years are over melt on those and he took it to spite me :D

    I should have gotten a finders fee for shoving him at it but I did walk out with a small envelope of 1800's austrian and german spare change at melt for my troubles . Trying to figure out what I actually got will be my next project.

    The simple pleasure of squinting at the krause austria and the german states section for a few hours is not for everyone

    I am one of the only people who visits my LCS who is interested in foreign (silver and gold mostly) coins. I regularly get first dibs on new foreign collections. When there isn’t any new foreign material, he brings in unsorted coins from his hoard. This is Germany. Took about two hours to pick through this monster box and pulled out about a pound of German silver. Should be priced in the next week or so.

  • bronco2078bronco2078 Posts: 10,244 ✭✭✭✭✭

    I got 10 marks and 1/2s and some well worn kreuzers .

    There are so many mints , states , etc its fascinating to me

  • bronco2078bronco2078 Posts: 10,244 ✭✭✭✭✭

    I will say I got a well worn fredericus borussorum rex 1776 B I can only see the ghost of the 3 and the I in Einen

    Fredericus was a warlike fellow so its thread appropriate .............. barely

    This place has a ton of 5 and 10 DM commemoratives i've been avoiding , and a bunch of the half ounce 100 shilling mid 70's coins in a bucket . Most of those are nothing special but there are a few dates better than melt , the trick is getting them without paying more than melt .

  • Jinx86Jinx86 Posts: 3,710 ✭✭✭✭✭

    @derryb said:
    only the beginning of increasing instability.

    Oil supply will be the first casualty (which will prove it really is and always has been about oil). Gold will benefit.

    Iran oil exports are at all time lows already. Unless I read something wrong over the weekend. Only buyers have been Iraq and Syria.

  • cohodkcohodk Posts: 19,187 ✭✭✭✭✭

    @Jinx86 said:

    @derryb said:
    only the beginning of increasing instability.

    Oil supply will be the first casualty (which will prove it really is and always has been about oil). Gold will benefit.

    Iran oil exports are at all time lows already. Unless I read something wrong over the weekend. Only buyers have been Iraq and Syria.

    And the USA is the top oil producer and not even running at 100%.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • dpooledpoole Posts: 5,940 ✭✭✭✭✭

    This is a gold 1915 Turkish Lira. Is was issued during the reign of Mehmed V of Turkey (27 April 1909 – 3 July 1918), the last of the sultans of the pre-revolutionary Ottoman Turks. An otherwise ineffectual despot, he decided to declare jihad against the Entente powers of World War I, with well-known results.

    An Oxymanidan figure who presided over the death of a 500+ year empire.

  • derrybderryb Posts: 36,943 ✭✭✭✭✭

    Don't keep your hopes up for shale to be the "new" oil. LOL.

    If their oil doesn't matter to the US, why is the price of gasoline responding to recent events.

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • bigjpstbigjpst Posts: 3,109 ✭✭✭✭✭

    @derryb said:

    >

    If their oil doesn't matter to the US, why is the price of gasoline responding to recent events.

    Greed and preying on the fear. Wall to wall news about the apocalypse to come. Been that way for as long as I can remember. Someone sneezes too hard in the Middle East and oil companies start raising prices immediately. Takes a little longer to lower the prices if you haven’t noticed.
    I know a guy who owns a gas station. His buy prices have been dropping for months but his sell prices have stayed basically the same. No one else in town is lowering their prices so he’s not either.

  • derrybderryb Posts: 36,943 ✭✭✭✭✭
    edited January 6, 2020 9:47PM

    LOL. Keep an eye on the Strait where 22% of supply enters the world market. No navy can keep it open with force; they would have to leave or remain as sitting ducks. This is where Iran will get its revenge.

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • thisistheshowthisistheshow Posts: 9,386 ✭✭✭✭✭

    @bronco2078 said:
    I was at a coin shop today going through a bag of foreign junk silver today and a guy came in and bought 3 ounces of gold in a hurry.

    Panda , AGE proof , and 2 $10 circs , paid in $100 bills refused his receipt and went out the door in less than 5 minutes.

    He was dithering over the Panda , I spent some moments casually opining that some years are over melt on those and he took it to spite me :D

    I should have gotten a finders fee for shoving him at it but I did walk out with a small envelope of 1800's austrian and german spare change at melt for my troubles . Trying to figure out what I actually got will be my next project.

    The simple pleasure of squinting at the krause austria and the german states section for a few hours is not for everyone

    I spent an hour or so today going through through junk silver at an LCS. Interesting conversation was had. Good times!

  • cohodkcohodk Posts: 19,187 ✭✭✭✭✭

    @derryb said:
    LOL. Keep an eye on the Strait where 22% of supply enters the world market. No navy can keep it open with force; they would have to leave or remain as sitting ducks. This is where Iran will get its revenge.

    Yeah... US Navy/Air Force is so inept. Lol

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • ShadyDaveShadyDave Posts: 2,201 ✭✭✭✭✭

    @derryb said:
    LOL. Keep an eye on the Strait where 22% of supply enters the world market. No navy can keep it open with force; they would have to leave or remain as sitting ducks. This is where Iran will get its revenge.

    I’m not so sure pissing off the ENTIRE world will work in Iran’s favor, but we shall see either way.

  • derrybderryb Posts: 36,943 ✭✭✭✭✭
    edited January 7, 2020 1:33PM

    @cohodk said:

    @derryb said:
    LOL. Keep an eye on the Strait where 22% of supply enters the world market. No navy can keep it open with force; they would have to leave or remain as sitting ducks. This is where Iran will get its revenge.

    Yeah... US Navy/Air Force is so inept. Lol

    The decision to continue moving an oil tanker through the strait does not rest with the USN or the USAF. It rests with those that own the tanker. Sink one or two of them and see how quick the remainder avoid the area. Iran need only destroy enough ships, commercial or military, for commercial companies to avoid the straits or insurance companies to raise premiums to levels that shut down shipping through the strait. Iran has the capability to mine the strait, or fire it's chinese made (and locally reversed engineered versions) very effective subsonic "ship killer" missiles.

    One also has to understand that the smallness of the Persian Gulf and the Arabian See make it difficult to hide a military surface ship from land based missiles. The closeness of those super fast missiles, when fired from a hidden shoreline battery, leave a very short reaction time for naval vessels. Sure, the USAF can eventually take out the launch sites, but only after they have shown themselves with multiple, rapid launches. The normally effective on-board Phalanx Close In Weapon System (CWIS) used by US naval ships to destroy incoming missiles will have a very limited reaction time in such close battle quarters. CWIS is heavily dependent on advanced radar notice. I have installed a few of these systems on US destroyers. They are fearsome and they are effective, but they do have their limitations in tight quarters.

    Don't overestimate the capabilities of US Navy surface ships, especially when they are unable to "hide" in a large body of water. There's a very good reason our own submariners call them "targets." And don't underestimate the sacrifice a rogue nation is willing to make to take out a few oil tankers and a naval carrier or two (along with it's support fleet) to shut down the flow of oil, even if only temporarily.

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • derrybderryb Posts: 36,943 ✭✭✭✭✭

    @ShadyDave said:

    @derryb said:
    LOL. Keep an eye on the Strait where 22% of supply enters the world market. No navy can keep it open with force; they would have to leave or remain as sitting ducks. This is where Iran will get its revenge.

    I’m not so sure pissing off the ENTIRE world will work in Iran’s favor, but we shall see either way.

    When one has "revenge" on its mind (especially a rogue nation) little thought goes into consequences.

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • ShadyDaveShadyDave Posts: 2,201 ✭✭✭✭✭

    @derryb said:

    @cohodk said:

    @derryb said:
    LOL. Keep an eye on the Strait where 22% of supply enters the world market. No navy can keep it open with force; they would have to leave or remain as sitting ducks. This is where Iran will get its revenge.

    Yeah... US Navy/Air Force is so inept. Lol

    The normally effective on-board Phalanx Close In Weapon System (CWIS) used by US naval ships to destroy incoming missiles will have a very limited reaction time in such close battle quarters. CWIS is heavily dependent on advanced radar notice. I have installed a few of these systems on US destroyers.

    I'm not sure if you're still active, but you may know one of my closest friends then. Annapolis grad who is a navy officer (LCDR if I remember correctly) that operates on destroyers out in the ME. From what he has told me, he is the SME that trains other officers on how to use their advanced radar systems. Was very busy after the USS Mason incident...

  • derrybderryb Posts: 36,943 ✭✭✭✭✭

    Dave, PM sent

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • bronco2078bronco2078 Posts: 10,244 ✭✭✭✭✭

    @dpoole said:
    This is a gold 1915 Turkish Lira. Is was issued during the reign of Mehmed V of Turkey (27 April 1909 – 3 July 1918), the last of the sultans of the pre-revolutionary Ottoman Turks. An otherwise ineffectual despot, he decided to declare jihad against the Entente powers of World War I, with well-known results.

    An Oxymanidan figure who presided over the death of a 500+ year empire.

    I love deciphering the dates on these things , all my turkish gold is tiny 1/4 and 1/2 rummikubs

  • SmudgeSmudge Posts: 9,538 ✭✭✭✭✭

    I also wonder how long North Korea can stand to be out of the limelight. Hopefully they will be quiet for awhile.

  • bronco2078bronco2078 Posts: 10,244 ✭✭✭✭✭

    sorry Turkey , in my above posts spellcheck changed the name of your coinage to a 70's era card or domino type game.

    I vaguely remember a smallish box labeled rummikub , all I can say it was bigger than the card game rook , smaller than monopoly , maybe about the same as mille bornes

  • cohodkcohodk Posts: 19,187 ✭✭✭✭✭

    @derryb said:

    @ShadyDave said:

    @derryb said:

    When one has "revenge" on its mind (especially a rogue nation) little thought goes into consequences.

    Well, that was a lot about nothing. Where is the yawn emoji?

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • derrybderryb Posts: 36,943 ✭✭✭✭✭

    @cohodk said:

    @derryb said:

    @ShadyDave said:

    @derryb said:

    When one has "revenge" on its mind (especially a rogue nation) little thought goes into consequences.

    Well, that was a lot about nothing. Where is the yawn emoji?

    I think they call this premature something or other.

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • softparadesoftparade Posts: 9,281 ✭✭✭✭✭

    @derryb said:

    @cohodk said:

    @derryb said:

    @ShadyDave said:

    @derryb said:

    When one has "revenge" on its mind (especially a rogue nation) little thought goes into consequences.

    Well, that was a lot about nothing. Where is the yawn emoji?

    I think they call this premature something or other.

    The media in this country ….

    ISO 1978 Topps Baseball in NM-MT High Grade Raw 3, 100, 103, 302, 347, 376, 416, 466, 481, 487, 509, 534, 540, 554, 579, 580, 622, 642, 673, 724__________________________________________________________________________________________________________________________________ISO 1978 O-Pee-Chee in NM-MT High Grade Raw12, 21, 29, 38, 49, 65, 69, 73, 74, 81, 95, 100, 104, 110, 115, 122, 132, 133, 135, 140, 142, 151, 153, 155, 160, 161, 167, 168, 172, 179, 181, 196, 200, 204, 210, 224, 231, 240

  • derrybderryb Posts: 36,943 ✭✭✭✭✭

    buy the dip

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

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