Credit deflation and the reflation cycle to come (part 5)

[M S E Refugee]

Spotted these on ebay, decent price at £6500.

They are worth around £6220 at today's Gold price.

https://www.ebay.co.uk/itm/225478441036?mkcid=16&mkevt=1&mkrid=711-127632-2357-0&ssspo=4x6N8bYDSpu&sssrc=2349624&ssuid=HGYvEdibRDO&var=&widget_ver=artemis&media=COPY

More information about this set.

https://taxfreegold.co.uk/kingsandqueensbypinchesgoldmedallions.html

 

[No One]

1 hour ago, F150 said:

birmingham alabama in 1920s with a population of 150k had a train station with 10 platforms and 90 long distance intercity trains a day, probably 20 tram lines connecting to that station

in the 1960s they demolished the station and it now has a 6 lane highway over the top of it

this is the station in 1960s before demolishing, see all the empty land around it. All demolished buildings so you can park cars there instead, getting ready for proper car braining

 

post card from 1910s, nice bike on the left

inside

postcard from 1909 from a photo when it first opened:

NOW in 2010s, see the tunnel underneath, nice and car brained up

from the back:

 

great job CAR BRAINS!!

which one looks more economically sustainable?

the car brains turned it into a wasteland, like they did in detroit and ironically fucked their own industry over

The age of the train is over, [for 50 years now]

1 hour ago, F150 said:

birmingham alabama in 1920s with a population of 150k had a train station with 10 platforms and 90 long distance intercity trains a day, probably 20 tram lines connecting to that station

in the 1960s they demolished the station and it now has a 6 lane highway over the top of it

this is the station in 1960s before demolishing, see all the empty land around it. All demolished buildings so you can park cars there instead, getting ready for proper car braining

 

post card from 1910s, nice bike on the left

inside

postcard from 1909 from a photo when it first opened:

NOW in 2010s, see the tunnel underneath, nice and car brained up

from the back:

 

great job CAR BRAINS!!

which one looks more economically sustainable?

the car brains turned it into a wasteland, like they did in detroit and ironically fucked their own industry over

The age of the train is over, [for 50 years now]

1 hour ago, F150 said:

birmingham alabama in 1920s with a population of 150k had a train station with 10 platforms and 90 long distance intercity trains a day, probably 20 tram lines connecting to that station

in the 1960s they demolished the station and it now has a 6 lane highway over the top of it

this is the station in 1960s before demolishing, see all the empty land around it. All demolished buildings so you can park cars there instead, getting ready for proper car braining

 

post card from 1910s, nice bike on the left

inside

postcard from 1909 from a photo when it first opened:

NOW in 2010s, see the tunnel underneath, nice and car brained up

from the back:

 

great job CAR BRAINS!!

which one looks more economically sustainable?

the car brains turned it into a wasteland, like they did in detroit and ironically fucked their own industry over

The age of the train is over, [for 50 years now]

[leonardratso]

ive been on some trains that were more than 50 years old by the way they were running. Also stunk of shit/piss [the train that is].

[Funn3r]

6 minutes ago, M S E Refugee said:

Spotted these on ebay, decent price at £6500.

They are worth around £6220 at today's Gold price.

I don't get why you would pay 6500 for something worth 6220?

Or do you mean that the historical kings and queens thing adds value?

[Plan-b]

3 minutes ago, No One said:

The age of the train is over, [for 50 years now]

The age of the train is over, [for 50 years now]

The age of the train is over, [for 50 years now]

It might be in the US barely a week goes by without a major train crash

[Funn3r]

7 minutes ago, leonardratso said:

ive been on some trains that were more than 50 years old by the way they were running. Also stunk of shit/piss [the train that is].

The trains from Reading to Waterloo seemed like 50 ish years old until they retired them. Used to be called "slam door" trains. I can't remember when they stopped them but fairly recent I used to commute on them all the time and quite preferred them to be honest. They had corridors and compartments like you see on black and white films.

[Plan-b]

The French love a good rumble. If only it could happen here, the UK  Gov pass stuff in spite of ppl all the time and sod all happens. Their pension age is only going up 2 years to 64 and theres been a million on strike and its kicking off,

I would be proud to be French...

 

 

[M S E Refugee]

5 minutes ago, Funn3r said:

I don't get why you would pay 6500 for something worth 6220?

Or do you mean that the historical kings and queens thing adds value?

A Bullion dealer will charge a premium over the spot price. 

Atkinson's will charge you £409 for a Sovereign but the spot price is £372 so that's 10% over spot.

Those Medallions on ebay are going for around 4% over spot which is pretty good.

The seller is taking best offers so you could maybe get them a bit cheaper.

[F150]

37 minutes ago, No One said:

The age of the train is over, [for 50 years now]

The age of the train is over, [for 50 years now]

The age of the train is over, [for 50 years now]

yes, but the damage cars have done economically can no longer be hidden and all the infrastructure is falling apart and there isnt money for it to be rebuilt or maintained, hence potholes everywhere

meanwhile train tracks that run low speed rail and havent needed to be replaced since the 1960s on the tube, and theres still tracks running that are close to 100 years old. and for High speed rail, when those tracks wear out they can be repurposed onto low speed rail lines. cant do that for the M25

just look at the freight trains in the US, they take 1000 ton loads every day and havent been repaired or looked after since the gubbermint decided to fuck it over decades ago and privatise it all, yes they are derailing now but if that had been a road it would be an impassible rubble  after 2 years, just like airport runways

i reckon the recent train derailments are all planned by the automobile industry to try to kill trains in the US FOREVER

but florida just got its first intercity high speed rail line in 2018 and this is in the car brain of car brain places and fighting against massive political opposition and decades of terrible land rules that have been designed to force everyone to need a car (e.g. parking mandates), and the big cities are trying to reopen their streetcar lines

the same way bodders go on about the economy collapsing from bennies because you cant run from reality forever, the same thing with 12mpg 5000lb SUVs vs trains

THIS is the age of the TRAIN!

Edited March 17, 2023 by F150

[M S E Refugee]

Haven't listened yet, could be good!

 

[roundhouse]

19 hours ago, Stuey said:

You simple fuckers think these charlatans who can't spell have any insights 

you are better going to the casino and choosing black or red based on the sequences because math. 

Really have to laugh at this, I used to think like you, long long ago! Worked four years proofreading scientific journals so think I might be the best qualified to respond... if scientists can be really clever, intelligent, curious, inquisitive etc to be top of their respective field... but can't spell, do grammar, or type accurately perhaps, then ffs should their output and contribution be dissed, not be published? They have other people to correct these errors, it's what their mind and thought process is doing and going (plus results) that counts!
 

By the way @Stuey, a new sentence or paragraph should start with a capital letter. Doesn't bother me too much in the context of a quickly typed response, but you should try harder yourself eh?

 

[CannonFodder]

Latest on Debit Suspect

 

 

[snaga]

1 hour ago, roundhouse said:

Really have to laugh at this, I used to think like you, long long ago! Worked four years proofreading scientific journals so think I might be the best qualified to respond... if scientists can be really clever, intelligent, curious, inquisitive etc to be top of their respective field... but can't spell, do grammar, or type accurately perhaps, then ffs should their output and contribution be dissed, not be published? They have other people to correct these errors, it's what their mind and thought process is doing and going (plus results) that counts!
 

By the way @Stuey, a new sentence or paragraph should start with a capital letter. Doesn't bother me too much in the context of a quickly typed response, but you should try harder yourself eh?

 

I work with some very high functioning scientists, their lives would be chaotic mess without their PAs and spouses, especially the males.

I've heard it described as they are so focused on their science they don't have spare brain capacity to do other things. Clearly these people are never selected as government advisors.

[Sidd]

3 hours ago, Errol said:

Gold clearly sniffing something out.

Do that for 10 days straight and I will start believing it

[moneyscam]

56 minutes ago, CannonFodder said:

Latest on Debit Suspect

 

 

Just saw on Bloomberg Tv that UBS is going to buy all or part of CS. That's a pretty big move I'm sure with some sweeteners from Swiss govt.

edit : on twitter now

 

Edited March 17, 2023 by moneyscam

[nirvana]

1 hour ago, F150 said:

THIS is the age of the TRAIN!

aye the frogs and the japs agreed with you about 30 years ago.........fuk u oil

[nirvana]

9 minutes ago, moneyscam said:

Just saw on Bloomberg Tv

so you're the one who watches that shite.....in other news....

 

[MrXxxx]

I know its probably not 'High brow' enough for this thread, but does anyone want to do some 'research' on Pork bellies?

https://www.channel4.com/programmes/trading-places?.none.none.popular||

One of my favourite films is currently on 4 on Demand.

[Noallegiance]

41 minutes ago, Sidd said:

Do that for 10 days straight and I will start believing it

Closing the week £60 over ATH is a decent start.

[Lightscribe]

BTC seems to have left the tracking of the NASDAQ/FAANGs/tech behind and is moving with gold (this was its intended purpose after all). It’s BTC’s true test that it’s never experienced before, i.e. a loss of faith in the financial system with banks looking ropey. 

Not many will like this on here, it’s an unpopular view, but hey ho as some may have gathered on this thread already Im not one for following the crowd.

Further regulations and a slam down on the ban hammer soon? Most probably.

Meanwhile PMs on the fly with Santacruz doing spectacularly for me this week.

[Bobthebuilder]

57 minutes ago, snaga said:

I work with some very high functioning scientists, their lives would be chaotic mess without their PAs and spouses, especially the males.

I've heard it described as they are so focused on their science they don't have spare brain capacity to do other things. Clearly these people are never selected as government advisors.

I have a place for everything, if my wife dusts my stuff and it moves I genuinely can't see it even if it's in plain sight, it's that bad for me. 

Edited March 17, 2023 by Bobthebuilder

[M S E Refugee]

Those Gold Medallions I mentioned before are now worth around £6400.

[Sidd]

14 minutes ago, Noallegiance said:

Closing the week £60 over ATH is a decent start.

Agreed, trying to reverse jynx it this time around, so it keeps going up

[Castlevania]

6 hours ago, PatronizingGit said:

Interesting. If I google that image it comes up with 'hidden oilfields of LA'

Reminded me of an archive footage video I saw the other day, I was thinking, my, LA had a lot of pylons!

 

About 4 minutes in. Interesting how the Oil derricks were crammed in amongst houses, quite nice houses, some of them. You literally could imagine the beverley hillbillies building a mansion beside their back garden oil well.

 

George Bush Snr made his money selling drill bits. He lived in Compton.

[Don Coglione]

6 minutes ago, Castlevania said:

George Bush Snr made his money selling drill bits. He lived in Compton.