What's new
  • ICMag with help from Phlizon, Landrace Warden and The Vault is running a NEW contest for Christmas! You can check it here. Prizes are: full spectrum led light, seeds & forum premium access. Come join in!

The Original O'l Farts Club.

Putembk

One Toke Over The Line
Premium user
Everything is in order downstairs. I will be starting more seeds today and washing pots.

Mountains are getting hammered with snow. Two feet or more in the ski resorts. Good for our water supply. Keeps the lakes full which makes me and the fish happy.
 

Unca Walt

Well-known member
420club
the dollar has been in decline since 1913 and will eventually be replaced

not in a sudden crash , but a gradual easing into crypto curren
Not so, brother. The dollar, when it goes, will go in days or hours. The decline has been gradual, and the only reason the dollar has not disappeared is that 70 years ago, Nixon made a crucial deal with the Saudis:

"We will protect the House of Saud from all other countries and in return, Saudi Arabia will sell oil to all countries in the world for US dollars exclusively."

That deal, Big, lasted 70 years. It has been broken as of November 21, 2023. Less than a fortnight ago.

This is big, new, game-changing news.

China has made a deal with the Saudis. Using yuan. Not dollars. Qatar and Egypt, too.

To give you an example of how much "US dollar imperialism" has affected the whole world:

Did you know that 70% of all US $100 bills on earth are NOT in the USA? Did you know Russia has more US $100 bills than there are in the US? They got there because of that deal Nixon made. That deal has been broken.

There's a leak in the dike. It is growing fast.

USE your dollars to buy what you need, or will need. But use them before they become pesos/lira/pengoes. Then... you will not be able to use them except for tinder.
 

Unca Walt

Well-known member
420club
Walt you are scaring me to death. I have gold but how much is enough?
Just imagine that you have dollars that NOBODY will accept. Think of them as Zimbobwe dollars. You walk in a store, and you only have a 100 Trillion-dollar bill (I have one). What could you buy with it?

Same with bolivars and pesos. What can you buy with a $1000 Peso bill? Nada. Zip.

Now walk in with gold, or to keep it simple, US silver coins (called junk silver). You can buy whatever you like.

So how much is enough? Your call. But REALITY is right outside your door. Do not futz around with silver dollars. They have premiums on them as "collector's items" regardless of date. Get ten silver dimes or four silver quarters at a much lower fiat cost.

But GET THE DIMES/QUARTERS WHILE YOU CAN WITH YOUR SOON-TO-BE Zimbabwe dollars.

Important Tax Information: If you go to a coin dealer and buy $9000 in dollar bills' worth, the Gummint is NOT notified. Hit $10,000, and your name and date go to Unca Sugar and he knows what you got, where you got it, and when you got it.

If you take your US dollars and go to a bank and get a Cashier's Check from the bank for any sum including over $10,000... And take it to a coin dealer and buy gold/silver with that Cashier's Check, the transaction is NOT reported to the Gummint.

Cashier's Checks do not count as money. Go figure, but that is fact. I used that fact since 1980 when I started stacking.

NOTE: US silver coins are fungible anywhere on earth. This is how you buy them:

https://www.moneymetals.com/pre-196...42&utm_term=1101105342062&utm_content=~Silver
 

Unca Walt

Well-known member
420club
I don't think the grocery store will take gold yet!
That is simply not the problem, brother pute. The problem is when the grocery store will NOT accept US dollars (*gasp*) <-- This has happened to every fukking fiat currency ever invented in history. Every fukking one.

So keep enough fiat $$ for now to pay bills, get booze, etc. But remember: That is what the pore bastages in Weimar Republic did... until a wheelbarrow of money would buy one cigarette... Then they had to find a way to stay fed, clothed, and housed.

Know what still got accepted in Weimar Germany when folks were burning million-mark bills in bundles to get heat? Yup. Gold and silver.

When the Hungarian Pengoe took a shit and became worthless essentially over a weekend, what happened to those who did not have their wealth in Pengoes, but in PM's?

They had servants. They lived in their houses. <-- Not evicted, they even bought houses. They ate steak while others stood on corners trying to sell apples for a nickel.

Get offa yer ass and transfer your fiat "wealth" into solid, permanent wealth. You snooze, you don't eat. Do it now. This is new news... as of Nov 21.

Putting My Money Where My Mouth Is:

Rather than just yapping like a puppydog, I am waiting as I type this for a check to arrive for the annuity I have already cashed in. When it arrives, I will take it to a bank and get a Cashier's Check. I will take that Cashier's Check the the LCD that I have been dealing with since the 1980's and trade that piece of paper for fractional gold, junk silver and Krugerrands.
 
Last edited:

Unca Walt

Well-known member
420club
And Rgd -- Not addressing the problem because it is scary, cold, and yukky will most ricky-tick NOT make the looming earthquake go away. Not even hiding in a corner will help.

Just like when you are in the grass: You stand to and go at the problem, or you die.
 

Unca Walt

Well-known member
420club
Does anyone know how to get TAEZZAR here? He was gold. And the toughest, most resilient, no-quit-in-him guy I have ever had the pleasure of knowing on the net.
 

Unca Walt

Well-known member
420club
Bitcoin has been good for me to convert digital fiat into fungible gold silver

go Bitcoin!
Now THERE is a boat I missed, big time. I remember a guy giving another guy a whole bitcoin for saying something nice. This was when bitcoin first started. WOW.
 

Rgd

Well-known member
Veteran
And Rgd -- Not addressing the problem because it is scary, cold, and yukky will most ricky-tick NOT make the looming earthquake go away. Not even hiding in a corner will help.

Just like when you are in the grass: You stand to and go at the problem, or you die.
I understand sir



and yes please feel free go at the problem and stop the decline of the dollar

dude...... if we haven’t attended to this LONG before now ...

then we were remiss
 

Latest posts

Latest posts

Top