Errol
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Posts posted by Errol
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A hit piece on gold from the FT in 2004. Gold was priced at $400 an ounce at the time.
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19 hours ago, MonsieurCopperCrutch said:
That SEC filling clarifys that Tesla invested 10% of their capital reserves into Bitcoin and exactly 0% into Gold.
And? Your point is, exactly?
In addition, please keep bitcoin discussion to the bitcoin thread.
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Elon also looking to buy gold as well. Not mentioned so much because everyone got blinded by the Bitcoin. The below is from the SEC filings:
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The talk on Reddit is about First Majestic Silver (AG).
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I haven't looked into this but saw it posted on Twitter so will post the link here. Make of it what you will:
The Bit Short: Inside Crypto’s Doomsday Machine
https://crypto-anonymous-2021.medium.com/the-bit-short-inside-cryptos-doomsday-machine-f8dcf78a64d3
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Monetary system is ending.
Change is inevitable.
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1 hour ago, markyh said:
I would stop right now guessing, and contact the CEO of Kingston Technology, and offer them 50% of the BTC as a reward to deconstruct the IRONKEY and bypass their own security. If anyone knows how it must be manufacturer.
Then again, if you took the time to store privatekeys on a IRONKEY drive and didn't make any attempt to secure or memorise the password, you deserve all you get in my book. Would have never happened to me.
Yes, people on the twitter thread were saying that there might be some way to get the data off the drive. I think theoretically you could get an Intelligence technology specialist or the IRONKEY experts to make an attempt.
I'm not sure why he hasn't done this already.
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23 hours ago, MonsieurCopperCrutch said:
BTFD lads...
Given that Schiff, like me, was buying gold before the year 2000, seeing gold at $1850 is not really a problem ...
Having watched the Gold market for 20+ years, last week was mildly interesting but otherwise nothing special.
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This won't matter until it matters.
There won't be time to react when the time comes.
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For the US taxpayers, there is a new question on the front page of the Form 1040: “At any time during 2020, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency?”
You’ll have to check yes or no.
“The first thing with cryptocurrency is that, if you have crypto transactions, you’ll need to report them,” said Andy Phillips, director of the Tax Institute at H&R Block.
“The question is front and center — the first thing that they touch on Form 1040,” he said.
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What's the problem with that.
If you don't have a problem with it, then there is no problem from your perspective. Go ahead - take the vaccine.
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Pfizer given protection from legal action by UK government
The Department of Health and Social Care has confirmed the company has been given an indemnity protecting it from legal action as a result of any problems with the vaccine, the Independent reported.
https://www.cityam.com/pfizer-given-protection-from-legal-action-by-uk-government/
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5 hours ago, Huggy said:
I meant scarce as in it has limited quantity (80 years on average) and once it's gone, it has definitely gone. If I'm working in an office, I have, say, 5 hours spare each weekday to do things at home I enjoy or are important. If I'm WFH, it's closer to 7 or 8. That is a massive increase in something that I think is good for me and I believe is important.
Free time is critically important to me and it is more that I like it rather than need it. I've done a 2-3 hour daily commute for most of my 20+ years in work, and so it's not that bad. It's just not as nice as what I have now.
Ironically, WFH has allowed me to drop a couple of gears in life's hecticness, and it was reasonably sedentary to start with too. An extra 12-15 hours a week spare on top of that? Yes please!!! I'd put forward that I'm the one actually wanting the easier and less stressful life.
I do think that there are fun things and then everything else, and I want to maximise the former and minimise the latter as much as I possibly can. Life is too short to waste on doing unimportant things (2-3 hours on the train etc etc) if you don't need to. It's all relative though and sometimes 'fun' for me is getting up on a Monday morning with a hangover at 7am rather than 5am.
WFH genuinely has no downsides for me, all IMHO of course.
Agree completely. Good post.
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We really don't want a war.
‘Nobody would survive’: Putin to Oliver Stone on ‘hot war’ between Russia & US
No country on earth would survive should the world’s most powerful nuclear states unleash their atomic weapons, Vladimir Putin has said. His remarks form part of a series of interviews with American film director Oliver Stone.
“In a hot war is the US dominant?” the American director asked the Russian president.
“I don’t think anyone would survive such a conflict,” Putin replied
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5 hours ago, captainb said:
+1 a full commons at prime ministers questions would send the back to work message far more than javid on an empty tube carriage
There is no 'back to work' message. People have been working the whole time. There is no need to go 'back' anywhere. Work is a thing you do, not a place. You could be on a space station in orbit and still do most City-type jobs.
As long as the work gets done well and on time, why do people care where you are?
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Calling it coffee is a bit of a stretch, anyway.
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2 hours ago, PalmerEldritch said:
Lots of things can’t be done remotely IMO like training up new colleagues, hiring new staff etc. Also everyone agrees they aren’t as efficient due to slower WiFi, intermittent losses of server access, having to schedule calls instead of just shouting over to the next desk etc.
(1) I've seen numerous new employees fully trained using MS Teams. You just set up a training schedule and learning documents etc. Works absolutely fine and these employees are now fully integrated and working at 100% (from home - having never even seen the office or their colleagues in person).
(2) Most modern businesses have been running from home with no loss of server access at all. Most people have very reliable broadband (mostly fibre - 50mb downstream, 10mb upstream). In my experience people have better internet at home than in the office!
(3) Calls easily scheduled to a calendar - once or twice a week. If you need to call a team member you simply call on MS Teams. Works exactly like it did in the office. If they aren't there, you just drop them a note using the Teams chat function and call them 5 minutes later. Or you email them instead. Works exactly like it did in the office.
This is why loads of businesses have reported the most productivity ever seen during lockdown.
Gold strategy in the current economy
in House prices and the economy
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