Preparing For What Might Be Next

wilberforce15

Well-Known Member
Did I say anything about cash as an investment? What I was pointing to was keeping a little more cash in your possession in case a cyber attack takes down the electronic payment/transfer system. If it were to happen you don't know how long it could be down. . In the meantime you might still be able to find a gas station or a grocery store where you could buy supplies and pay with cash.
Nothing takes down BTC.
 

wilberforce15

Well-Known Member
Gold is completely silly to keep on hand. I can't verify it. I won't accept it. It's nonsense. I have no idea if what you're handing me is real, or if the next guy will accept it from me.

Guns, ammo, cigarettes, alcohol, and bitcoin. That's it.
 

oldngray

nowhere special
Yellowfin tuna? Thar's GOLD in them thar waters! Unleash the narwhals!!

thirft-shop-pics-4.jpg
 

wilberforce15

Well-Known Member
You’re forgetting condoms...

Slim Pickens scene in Doctor Strangelove...
I find gold-bugs to be so funny, especially the preppers.

If somebody offered me a gold coin or a Big Mac, I'd take the Big Mac.

I can identify and use a Big Mac.

I have no idea if some gold coin is real or if I can use it in trade with the next guy, who also won't know if it's real.
 

wilberforce15

Well-Known Member

bacha29

Well-Known Member
According to the hospital they'll write it off. You constantly misstate what I've said to the point you're now just a caricature. Why let the truth get in the way of a good lie?
Hospitals are required to maintain a certain and LIMITED level of charitable care. It would appear that you got to it before somebody else did. At the same time I guarantee you that it will seek out sources of PUBLIC WELFARE funds. Chances are someplace in that hospital is a posted sign stating that it cannot refuse care due to the patient's inability to pay. However chances are it will also state that the hospital will pursue sources of public funding based on the patient's income level which it is legally entitled to do.
 

bacha29

Well-Known Member
DOE Secretary Granholm was a quest on CNBC . She put the numbers on the line. Right now there is more than 20 million acres of federal land currently being leased by oil companies not being drilled. In addition there is now more than 9000 DOE/DOI approved drilling permits that have been approved and sitting on the desk for months waiting for somebody to come pick them up and go drill.

Later in the program Pioneer CEO Scott Sheffield was on stating that drilling financing is a problem given the reluctance of stake and shareholders to approve financing given that the industry has had to endure 3 price collapses in the past 11 years.
 

wilberforce15

Well-Known Member
DOE Secretary Granholm was a quest on CNBC . She put the numbers on the line. Right now there is more than 20 million acres of federal land currently being leased by oil companies not being drilled. In addition there is now more than 9000 DOE/DOI approved drilling permits that have been approved and sitting on the desk for months waiting for somebody to come pick them up and go drill.

Later in the program Pioneer CEO Scott Sheffield was on stating that drilling financing is a problem given the reluctance of stake and shareholders to approve financing given that the industry has had to endure 3 price collapses in the past 11 years.
No, the price collapses are not the reason they can't get financing.

People won't loan them money for projects that the current adminstration has vowed it wants to make extinct.

I want more production. But I'd never loan my own money to somebody to produce. This commie administration would turncoat on this whole thing at the first opportunity.
 

bacha29

Well-Known Member
No, the price collapses are not the reason they can't get financing.

People won't loan them money for projects that the current adminstration has vowed it wants to make extinct.

I want more production. But I'd never loan my own money to somebody to produce. This commie administration would turncoat on this whole thing at the first opportunity.
Obviously you have NEVER actually READ the forward looking statements of leading oil companies in which they have clearly laid out their future strategic objectives which places restoration and preservation of INVESTOR equity first and foremost and points to the fact that if adjusted for the rate inflation from 2008 until today the price for a barrel of crude would be $180 a barrel.

Problem with you is you want CHEAP gas. Well, pal you ain't going to get it no matter who is in the White House because ours is a capitalist free market system and you're not always going to be on the right side of the equation or on the right side of history.

So tell me Bud, just how much of your personal savings do you have directly invested in oil and oil related stocks?
 

wilberforce15

Well-Known Member
Obviously you have NEVER actually READ the forward looking statements of leading oil companies in which they have clearly laid out their future strategic objectives which places restoration and preservation of INVESTOR equity first and foremost and points to the fact that if adjusted for the rate inflation from 2008 until today the price for a barrel of crude would be $180 a barrel.

Problem with you is you want CHEAP gas. Well, pal you ain't going to get it no matter who is in the White House because ours is a capitalist free market system and you're not always going to be on the right side of the equation or on the right side of history.

So tell me Bud, just how much of your personal savings do you have directly invested in oil and oil related stocks?
I have nothing in oil or oil related stocks.

In fact, everyone here hates me because I'm the annoying Tesla guy.

Only a maroon invests heavily in an industry the white house has vowed to bankrupt.
 

bacha29

Well-Known Member
I have nothing in oil or oil related stocks.

In fact, everyone here hates me because I'm the annoying Tesla guy.

Only a maroon invests heavily in an industry the white house has vowed to bankrupt.
Bankrupt huh? Number of permits issued by Trump administration in 2020.....2600. The number of drilling permits issued by the Biden administration in 2021.....3500. Just remember Bud, money talks and BS walks.
 
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