[4plexowner]

“Can we compare platinum, silver and gold? Or is it necessary for the metal to be useless industrially to be considered valid money in your universe?”

in my universe human beings have been using gold as a store of value for thousands of years

silver has the most history as a circulating currency

platinum is used in catalytic converters isn’t it? or is that palladium? aren’t they interchangeable?

so, we have
1) a store of value
2) a circulating currency
3) a catalyst for chemical processes

I’m not sure how to compare these three items – your analysis skills are far superior to mine, Eugene

[4plexowner]

“Can we compare platinum, silver and gold? Or is it necessary for the metal to be useless industrially to be considered valid money in your universe?”

in my universe human beings have been using gold as a store of value for thousands of years

silver has the most history as a circulating currency

platinum is used in catalytic converters isn’t it? or is that palladium? aren’t they interchangeable?

so, we have
1) a store of value
2) a circulating currency
3) a catalyst for chemical processes

I’m not sure how to compare these three items – your analysis skills are far superior to mine, Eugene

[4plexowner]

“Can we compare platinum, silver and gold? Or is it necessary for the metal to be useless industrially to be considered valid money in your universe?”

in my universe human beings have been using gold as a store of value for thousands of years

silver has the most history as a circulating currency

platinum is used in catalytic converters isn’t it? or is that palladium? aren’t they interchangeable?

so, we have
1) a store of value
2) a circulating currency
3) a catalyst for chemical processes

I’m not sure how to compare these three items – your analysis skills are far superior to mine, Eugene

[4plexowner]

“Can we compare platinum, silver and gold? Or is it necessary for the metal to be useless industrially to be considered valid money in your universe?”

in my universe human beings have been using gold as a store of value for thousands of years

silver has the most history as a circulating currency

platinum is used in catalytic converters isn’t it? or is that palladium? aren’t they interchangeable?

so, we have
1) a store of value
2) a circulating currency
3) a catalyst for chemical processes

I’m not sure how to compare these three items – your analysis skills are far superior to mine, Eugene

[4plexowner]

“Can we compare platinum, silver and gold? Or is it necessary for the metal to be useless industrially to be considered valid money in your universe?”

in my universe human beings have been using gold as a store of value for thousands of years

silver has the most history as a circulating currency

platinum is used in catalytic converters isn’t it? or is that palladium? aren’t they interchangeable?

so, we have
1) a store of value
2) a circulating currency
3) a catalyst for chemical processes

I’m not sure how to compare these three items – your analysis skills are far superior to mine, Eugene

[4plexowner]

“On the other hand, there’s this neat picture that shows how much India & such can increase their agri output when they industrialize…”

this projected increase is based on the same high energy input agriculture system used by Western countries

you know, using natural gas to make fertilizer, using petroleum to make pesticides and fungicides, using gasoline and diesel fuel to run farming equipment, using more fuel to distribute the fertilizers and the food

oh, what’s that? peak oil? you mean they won’t ever achieve those increased outputs because they won’t have the cheap energy to do so? hmmmm …

[4plexowner]

“On the other hand, there’s this neat picture that shows how much India & such can increase their agri output when they industrialize…”

this projected increase is based on the same high energy input agriculture system used by Western countries

you know, using natural gas to make fertilizer, using petroleum to make pesticides and fungicides, using gasoline and diesel fuel to run farming equipment, using more fuel to distribute the fertilizers and the food

oh, what’s that? peak oil? you mean they won’t ever achieve those increased outputs because they won’t have the cheap energy to do so? hmmmm …

[4plexowner]

“On the other hand, there’s this neat picture that shows how much India & such can increase their agri output when they industrialize…”

this projected increase is based on the same high energy input agriculture system used by Western countries

you know, using natural gas to make fertilizer, using petroleum to make pesticides and fungicides, using gasoline and diesel fuel to run farming equipment, using more fuel to distribute the fertilizers and the food

oh, what’s that? peak oil? you mean they won’t ever achieve those increased outputs because they won’t have the cheap energy to do so? hmmmm …

[4plexowner]

“On the other hand, there’s this neat picture that shows how much India & such can increase their agri output when they industrialize…”

this projected increase is based on the same high energy input agriculture system used by Western countries

you know, using natural gas to make fertilizer, using petroleum to make pesticides and fungicides, using gasoline and diesel fuel to run farming equipment, using more fuel to distribute the fertilizers and the food

oh, what’s that? peak oil? you mean they won’t ever achieve those increased outputs because they won’t have the cheap energy to do so? hmmmm …

[4plexowner]

“On the other hand, there’s this neat picture that shows how much India & such can increase their agri output when they industrialize…”

this projected increase is based on the same high energy input agriculture system used by Western countries

you know, using natural gas to make fertilizer, using petroleum to make pesticides and fungicides, using gasoline and diesel fuel to run farming equipment, using more fuel to distribute the fertilizers and the food

oh, what’s that? peak oil? you mean they won’t ever achieve those increased outputs because they won’t have the cheap energy to do so? hmmmm …

[4plexowner]

“Here’s a chart that portrays three metals. Two went through the bubble phase and then completely deflated, one is still “stuck”.

too funny – comparing zinc, palladium and gold and expecting them to follow the same trends

in good times this might be reasonable – all the metals act like commodities and rise / fall in a similar manner

in bad times there’s this little affectation that human beings seem to have for this shiny yellow metal called gold

silly quirk, this attraction to gold, but it exists, has existed for thousands of years, and will likely exist for thousands of years into the future

to deny gold’s history or that we are currently living in bad times is really naive

to go short against the only secular bull market currently in force would be stupidity writ large

expand your economic and world view a little – check out the Chinese – they aren’t just spitting into the wind – they intend to have the next reserve currency and they will back it with precious metals

you’re something else, Eugene!

[4plexowner]

“Here’s a chart that portrays three metals. Two went through the bubble phase and then completely deflated, one is still “stuck”.

too funny – comparing zinc, palladium and gold and expecting them to follow the same trends

in good times this might be reasonable – all the metals act like commodities and rise / fall in a similar manner

in bad times there’s this little affectation that human beings seem to have for this shiny yellow metal called gold

silly quirk, this attraction to gold, but it exists, has existed for thousands of years, and will likely exist for thousands of years into the future

to deny gold’s history or that we are currently living in bad times is really naive

to go short against the only secular bull market currently in force would be stupidity writ large

expand your economic and world view a little – check out the Chinese – they aren’t just spitting into the wind – they intend to have the next reserve currency and they will back it with precious metals

you’re something else, Eugene!

[4plexowner]

“Here’s a chart that portrays three metals. Two went through the bubble phase and then completely deflated, one is still “stuck”.

too funny – comparing zinc, palladium and gold and expecting them to follow the same trends

in good times this might be reasonable – all the metals act like commodities and rise / fall in a similar manner

in bad times there’s this little affectation that human beings seem to have for this shiny yellow metal called gold

silly quirk, this attraction to gold, but it exists, has existed for thousands of years, and will likely exist for thousands of years into the future

to deny gold’s history or that we are currently living in bad times is really naive

to go short against the only secular bull market currently in force would be stupidity writ large

expand your economic and world view a little – check out the Chinese – they aren’t just spitting into the wind – they intend to have the next reserve currency and they will back it with precious metals

you’re something else, Eugene!

[4plexowner]

“Here’s a chart that portrays three metals. Two went through the bubble phase and then completely deflated, one is still “stuck”.

too funny – comparing zinc, palladium and gold and expecting them to follow the same trends

in good times this might be reasonable – all the metals act like commodities and rise / fall in a similar manner

in bad times there’s this little affectation that human beings seem to have for this shiny yellow metal called gold

silly quirk, this attraction to gold, but it exists, has existed for thousands of years, and will likely exist for thousands of years into the future

to deny gold’s history or that we are currently living in bad times is really naive

to go short against the only secular bull market currently in force would be stupidity writ large

expand your economic and world view a little – check out the Chinese – they aren’t just spitting into the wind – they intend to have the next reserve currency and they will back it with precious metals

you’re something else, Eugene!

[4plexowner]

“Here’s a chart that portrays three metals. Two went through the bubble phase and then completely deflated, one is still “stuck”.

too funny – comparing zinc, palladium and gold and expecting them to follow the same trends

in good times this might be reasonable – all the metals act like commodities and rise / fall in a similar manner

in bad times there’s this little affectation that human beings seem to have for this shiny yellow metal called gold

silly quirk, this attraction to gold, but it exists, has existed for thousands of years, and will likely exist for thousands of years into the future

to deny gold’s history or that we are currently living in bad times is really naive

to go short against the only secular bull market currently in force would be stupidity writ large

expand your economic and world view a little – check out the Chinese – they aren’t just spitting into the wind – they intend to have the next reserve currency and they will back it with precious metals

you’re something else, Eugene!

[Author]

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