Quote from: Realpra on January 09, 2016, 06:59:28 PM

Quote from: iCEBREAKER on January 09, 2016, 06:30:28 AM

"devastating climate change and peak oil?"

ManBearPig aside, do you even read the news?

Haha manbearbig? Really you don't think the drought in California is scary at all?

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EG https://twitter.com/Melt_Dem/status/685202184720396288

Wow, I don't know how do deal with someone suffering with such dullest-spoon-in-the-dishwasher worthy delusions.

Temporary cheap oil prices do not mean that peak oil is debunked.
Peak means "most ever" that is where we are at. So yes we have a lot now.

Oil has been drilled for 100-200 years so the down slope will be about as long.

Like I said I don't know if the consequences will be horrific or the down slope gently enough that new technology just steps in.

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But your Gavin-like Debby Denial economic illiteracy is duly noted. Wink

Why do you believe in economic trouble if A you don't believe in resource limits and B you don't consider climate change a threat/real?

Why in your mind is the world in trouble exactly?

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Enjoy your green shoots of fake growth and false recovery while you can. Don't forget to get some silver while it's cheap.

Silver will not help. No one would accept it in an emergency. Maybe I will get some coins but I don't really see it as something serious.

If I'm just hedging against inflation stocks, Bitcoin and other stuff is better.

Please endeavor to understand you are operating on a fairly low level of information. Any somewhat successful high school policy debater could easily make the same corrective points which follow. This isn't a fair fight anymore than a pro hockey team vs the peewee league.

1. The California drought has nothing to do with ManBearPig. Please learn the difference between weather and climate. And google "Climategate" (hint: the models represent nothing more than the anti-scientific corruption of academia by government grants).

2. Peak oil is bunk because of the substitution effect. You are obviously too poorly read to know Simon won the bet with Ehrlich.

3. The "economic trouble" stems not from limited resources but rather from central planning/banking and the malinvestment (resource mal-allocation) created thereby. TBTF banks are emblematic of this, which is why the Genesis Text pointedly refers to their second round of bailouts, with a heavy implication of the entailed systemic risk the created by prevention/delay of creative destruction. That was actually a good question, BTW. Wink

It is a certainty silver will be useful in an emergency involving a lack of potable water and antiseptics. You do at least know why that is, I hope.

In an emergency, silver may or may not be accepted as a medium of exchange. It Depends^®. Please don't pretend you know the future, when your superficial knowledge/understanding of the past and present is at a Basic Bitch level of paltry.

As for inflation hedges, note gold, silver, and Bitcoin (ie hard liquid assets) all rise together on days when the fiat trash bleeds red.