Gold at $25000. Silver at $600.

[tldr]

It touches many money systems and seems to propose that money is simply worked into the system on government projects. That was Hitler's mode; so it must never be discussed.

This is different from more simple greenbackers.

Ron Paul suggested neither. He wanted a fully backed specie currency as The Constitution demanded.

All three is better the Federal Reserve.


The LETS system is ideal and was tried in Donegal and Cork, to failure.
It is successful in Ithaca New York and Berkshire County in western Massachusetts

You understand this better than me.

 

[Declan]

It was a very good and easy to grasp video

 

[tldr]

​

 

[Declan]

Gold now just $10 away from an all time high. We are just days away from the national debt hitting 34 trillion and 35 by April.

We are one failed auction away from panic.

 

[Declan]

And bingo. Gold at an all time high and I am happy.

Let's see if it holds through the day.

 

[clarke-connolly]

And bingo. Gold at an all time high and I am happy.

Let's see if it holds through the day.

It'll be nice having a Billionaire on Sarsfields

 

[Declan]

Everyone on my street is a millionaire. That is no big deal as the houses are 700 to 850000. A couple of hundred yards away they are 1.5m. These are across the town line in Westwood.


Silver should be at least $300 just adjusted for inflation. Plastic Christmas trees have doubled to $500 in the few years since we got ours.

 

[Declan]

I am not one to gloat but I feel happy as gold has set an all time high after rising an astonishing 35 dollars today.

I am sending some money to an irish patriot in celebration.

Who deserves it most.

Suggestions please.

 

[Declan]

I think Dara is the man. An engineer like myself.

 

[Declan]

 

[Declan]

I think Olli is trying to send me a message on the guest thread to congratulate me.

 

[AUL LAD]

I am not one to gloat but I feel happy as gold has set an all time high after rising an astonishing 35 dollars today.

I am sending some money to an irish patriot in celebration.

Who deserves it most.

Suggestions please.

hi declan
when you buy gold can you explain the transaction --how private is it -- can you buy physical gold without an id.

 

[Declan]

I have not bought gold in years and years as I have enough. I have bought some silver in the past few years for others and some for myself when it briefly dipped at the start of covid as the spot price fell to 12.50 and I walked into a store and the lad was closing the next day, as everyone was. He quoted 17.50 a coin, a hefty premium. But I knew it would never be as cheap again and I had two grand on me and I bought that much. Alas came in after me and bought all his remaining American eagle coins.


This lad dealt in cash and electrons.

I just counted out 20 c notes. He has to have a receipt. Sign that, thank you. Many will sign John Hancock as the saying is, put your John hancock on that.

Other stores will not even do that.

Some stores will nowadays ask for id.

ALL stores will ask for id if you are selling them a coin as it could be a stolen coin.

So, in answer.
A lad can walk in with say 3000 and buy about a 100 silver coins and walk out. Or I ounce coun or gold, no id or nothing.


In Massachusetts, to avoid sales tax, the transaction hasto be over $1000. Which is very little.

But when I was buying gold, the coins were less than 300 dollars each. So zi would buy at least 4.

And maybe round it off with a bit of silver or smaller gold coin, which go to one tenth of an ounce.

 

[clarke-connolly]

I think Dara is the man. An engineer like myself.

Who is Dara ?

 

[Declan]

Dara Flaherty from Galway. Who I have a thread on here.

 

[AUL LAD]

I have not bought gold in years and years as I have enough. I have bought some silver in the past few years for others and some for myself when it briefly dipped at the start of covid as the spot price fell to 12.50 and I walked into a store and the lad was closing the next day, as everyone was. He quoted 17.50 a coin, a hefty premium. But I knew it would never be as cheap again and I had two grand on me and I bought that much. Alas came in after me and bought all his remaining American eagle coins.


This lad dealt in cash and electrons.

I just counted out 20 c notes. He has to have a receipt. Sign that, thank you. Many will sign John Hancock as the saying is, put your John hancock on that.

Other stores will not even do that.

Some stores will nowadays ask for id.

ALL stores will ask for id if you are selling them a coin as it could be a stolen coin.

So, in answer.
A lad can walk in with say 3000 and buy about a 100 silver coins and walk out. Or I ounce coun or gold, no id or nothing.


In Massachusetts, to avoid sales tax, the transaction hasto be over $1000. Which is very little.

But when I was buying gold, the coins were less than 300 dollars each. So zi would buy at least 4.

And maybe round it off with a bit of silver or smaller gold coin, which go to one tenth of an ounce.

Thanks for that -- i doubt that its possible to buy gold in Ireland off the street --maybe im wrong .
some years ago i went to the geological office in beggars bush and bought copies of all the gold maps in Ireland i also was informed by the staff that they had copies - of -only a small amount of books on mining in Ireland and surveys done since the 17th century .
i am familiar with coal mining and i purchased everything i could .
i then spent the huge sum of 11 dollars for 3 green plastic pans of different sizes but with the corrugations required to trap the gold .
yellow gold shines brightly on a dark green background .
i panned many rivers in Ireland and it was backbreaking work .
you have to find a spot where gold is dumped after fast flowing water and then lift out all the bedrock with a broad shovel and fire it up on the bank out of you way to get to the bottom maybe only 2 inches of gravel and you bring that in buckets to a bend in the river which has fast water to wash the crap out of your pans .
too much aggression with the water and you have nothing to much of anything and you have nothing --you have to see the flakes in your mind and gently rock the gravel side to side in the water to get the flakes to drop into the valleys of the ridges .
you could work all day and get what is called color at the end of a little test tube -- it would not buy a pack of fags .
there were 23 people employed for 10years to pan the goldmines river in wooden-bridge for a Norway co .
this gold is alluvial gold could have come from Greenland in sand and a glacier dumped it in one spot only .
croagh Patric has been surveyed and the americian co stated there were 350 tons of gold in the mountain but because it is a religious site --no mine .
there is gold in the sperrins and in Connemara in the white quartz veins between the rocks -- these are frequently rich in gold .
cynaide is generally used to separate ore from rock and make it float to the surface -- very dirty business .

 

[Declan]

I was buying gold eagles here at $275 each when a skilled tradesman was earning about that a day if they were lucky .

An eagle today is $2.300 about.

I can buy one and bring it home if anyone is interested. I could not bring 5 or more as you can't take out more than$10000 value without declaring it

 

[Declan]

 

[Declan]

Looks like BLAST OFF for gold as it opens very strong in Asia.

 

[AUL LAD]

I was buying gold eagles here at $275 each when a skilled tradesman was earning about that a day if they were lucky .

An eagle today is $2.300 about.

I can buy one and bring it home if anyone is interested. I could not bring 5 or more as you can't take out more than$10000 value without declaring it

bring them all Declan as they would be a lovely sight in the bright sunshine only available high in the Dublin mountains --i know a spot where no one would bother us --yo-- they would be safe --i promise .