RickyBacker

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About RickyBacker

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  1. I live in Taiwan and over here there everyone rides scooters. There is a relatively new electric scooter company that is doing really well (Gogoro). They use this switch out the battery method. The batteries are stored at the petrol station and it takes about ten seconds replace your battery with one of the fully charged ones. Subscription with maintenance, exactly as you described.
  2. That is an incredibly cheap luxury ! I live in Taiwan and pineapples are plentiful and delicious (they grow here) However, I can't pick one up for that price... enjoy!
  3. I once went on a business trip to China and was taken to a teppanyaki style restaurant where they cook everything in front of you on the hot plate. Sampled lots of exquisite food, one of which was 'fugu' , the infamous puffer fish. If this isn't prepared by a fully qualified professional chef it can be extremely poisonous... I guess the chef at that restaurant wasn't qualified... Definitely the most ill I have ever been... definitely should have gone to hospital, but at that time I was in an apartment on my own and didn't have a clue how to contact emergency services in China. Scary time and will never touch the stuff again.
  4. Quite possibly one of the best presentations I've seen on the topic arguing a return to some form of gold standard.
  5. Still hoping for a return to sound money... is there anything to read here, or just coincidence? JP Morgan have spent the last seven years or so accumulating physical silver and have now taken a 'long' position. http://news.goldseek.com/GoldSeek/1516109220.php This last week it's been reported that their ethereum based blockchain will be used to digitise precious metals. https://www.ccn.com/jp-morgans-ethereum-based-quorum-blockchain-will-tokenise-gold-bars/
  6. 75 quid on 25k holding, happy with that.
  7. Exactly. That's why I was really surprised when the Royal mint first announced that they were putting gold on the blockchain. Personally, I have some 'onegram' coins that I can now trade for Bitcoin. I also have a small amount invested in a company called 'Lionsgold' ... They are also developing a gold backed crypto bank account which is due to be up and running early next year. It's certainly a fascinating time to live in, but the plates are spinning much longer than I expected them to after the crisis of '08.
  8. I'm surprised that this thread isn't more popular, especially with all the discussion about PMs on DurhamBorn's credit deflation thread? Anyway, something very interesting caught my eye today. For quite some time I've been watching developments with regards to linking blockchain technology with PM investing. There are now numerous ways to do this and I was/am thinking... maybe this could be the future of sound money. One thing that surprised me was that the government backed Royal Mint also joined the bandwagon... very strange I thought? The last thing governments want is sound/gold backed money... why would the Royal Mint offer gold backed tokens? Alas... news out today that the idea has been scrapped. https://www.reuters.com/article/us-gold-cryptocurrency-royal-mint/wary-of-crypto-uk-government-blocks-royal-mints-digital-gold-idUSKCN1MZ1SZ
  9. Not familiar with the area at all, but get a few properties selling at that price and it will soon drag the rest down. I also use that chrome plugin and it's been showing drops in the North-West for the past couple of months... still waiting for it to show up in the official data though. Sentiment will soon be changing.
  10. Nice buy, I've had my eye on this for a while hoping that the price would come down a little. May just bite the bullet as the price didn't move much even with the drop in spot.
  11. Hi all, long time lurker from the other site and first post on here. Firstly, thank you all for such a wealth of information regarding the possible path of the global economy. I just wanted to add something regarding the use of silver in industry, in particular the solar industry. There is no doubt that solar is becoming more and more important, and indeed the use of silver in this industry has been increasing over the last decade. Just be aware of disruptive technology. Graphene is one disruptive material that could really shake up a number of markets due to its extraordinary properties. I won't go into all the details of graphene here, but well worth a research if you are unaware. One particular stock that has saved my portfolio is a small British company Versarien (VRS). I bought it last year at 15p and it's currently sitting at 1.25... I sold some recently as there is a lot of 'blue sky' in the price at the moment. If it drops I may buy more, if it continues its upward path I'm happy with my holding. Worth some time researching though if you believe in the technology. Back to silver though, I'm invested via miners and physical mainly due to my belief of the return to sound money after the 'event' It's certainly an interesting time to live in and I hope that I can continue to learn from all your posts and I'll try to contribute where I can.