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2025 01 20 TeoTwawKi en.wikipedia.org. ... we are 11 months ahead of the designated date that was set for 2026 01 01, close-enough for government work, and now we wait to see the onset of the Darkest Interregnum, target date 2032 01 01
2022-03-06 Update Must give space to part of my cultural heritage, and it be my favourite part, Soca
Previous update (2021.04.08) Message 33274261 as we close in on 2026 / 2032 re contributing factors to acceleration Overarching Purpose: this thread shall try best to create the easy ambiance of an internet cafe situated in a politically-practical and gentrified neighbourhood where folks hang out 24-7-365 to ponder the process of collapse, have a cup, share a meal, tap on computers, and generally have a good time while fully cognisant that none shall get out of the future alive.
Any threader behaviour deemed to be detrimental to thread purpose shall be mercilessly stumped on
For issues not covered by above rule, I encourage you to use the 'Ignore' function.
Hello Maurice, Re <<You predicted this in about 2002 = inflationary depression. But you said it would be about 2018. You said the inflation of everything we need and the devaluation if everything we have. Teotwawki is looming large.>>
(1) Besides the factual that it was not 2002 but 2005, as far as I can determine thanks to the search function of SI siliconinvestor.com
this day bull_dozer reminded me of something else Message 32737596 that showed beating Buffett forbes.com is not difficult and almost child's play
— Garrett Goggin, CFA & CMT (@GarrettGoggin) May 15, 2020
(2) I was prompted to search SI archive and I came up w/ this post by me to you way back circa 2001 Message 15912646
about coconuts, paper coconuts, sausages and snausages
As events turned out, since that time, my largest winners were HK industrial real estate, and gold, in terms of unleverage gain averaging 10X and 2X, taking into account of additions along the way that pollutes the absolute single-point data, with neither about to give-back much if anything
So the strategy of saving in gold, but using all manner of mining techniques to get more gold, by sausages and snausages, seem to be sound, and may be sounder-still going forward
(3) Do you remember our dialogues w/r to QCOM? The first of many was this one circa 2001 February Message 15410107
etc etc
(4) In the meantime, prompted by bull_dozer's post, I did a few casual back-of-the-envelop searches that may help us to formulate a strategy going forward, the point of the thread cafe, so let us get data-intensive but data-simple longtermtrends.net , to discern what be best for savings as opposed for speculation by which we obtain more savings, for reasonable timespans that matter
1982 when I started work and bought my first of many eternal coins, that which I still own
1999 when I joined SI
2008 when you-know-what
1970, practically speaking, start of awareness
(5) Having figured out the way to go for savings, as opposed to speculation, we then must consider what amount of upside still might be wagering in the gold : DJIA ratio macrotrends.net and in the gold : silver ratio
(5-i) Yes, I know, gold & silver does not pay dividends, however paltry
(5-ii) but Put / Call option premiums are no different than dividends and better, pays in good as well as bad times, plus ...
(5-iii) gold & silver, agilely accumulated and astutely stored, incurs no estate tax
(5-iv) Seems to me, under the circumstances of fiat money and peaking valuation of speculative assets, we need to consider gold and silver, first paper gold and paper silver and paper coconuts, and secondly the real thing, and how best to use the power of the paper to accumulate the solidity of the actual
I seek your feedback, for I need to know where I might be wrong, especially if I am in danger of being very wrong.
