Posted on 04/15/2025 5:49:31 AM PDT by delta7
Pres Trump had it right demanding Ukraine pay back with mineral rights, or a % at least
—————
Agreed. However, remember our failed military adventure in Iraq? We never received a penny from the Iraqi oil which was supposed to pay the bill.
President Trump is correct in demanding payment, but when dealing with such a corrupt nation like Ukraine, good luck….same, same with Iraq, history repeats.
Agreed. We ought to drill baby drill and mine baby mine (for coal and rare earths).
As far as the "science fix" you speak of, I'll be for it as long as the govt gets out of science. For example, I power my house with alternative energy (solar). But making the grid depend on solar is ridiculous. Solar works for my home simply because my solar doesn't have to be 100% dependable (the grid is there if I need it). I pull only 20% of my power from the grid (thus 80% of my power is homemade), so the science/math work for solar to be very helpful to me, even providing most of my home's energy. But it'd be infeasible to make myself 100% off grid (law of diminishing returns) -- thus it violates science/math if I did it like the left says and treat solar more like a religion. Likewise with making the grid 100% depending on solar or wind (as the Dims claim). That kind of thinking is when the word "science" is used for energy but it's really a political game.
I'd be for solar and/or wind power for the grid only if we're able to scale up and down hydrocarbon fueled power plants as needed. One FReeper from Texas says that Texas does that efficiently with wind power (cranking up natural gas fueled power plants when the wind is down, then when the wind picks back up they throttle down the natural gas plants). If it's as effective as the FReeper made it out to be, then I'm for alternative energy sources (perhaps what you mean by the "science") as long as we always have hydrocarbons at the ready. That's being practical with the science. Not being into political science, which is never really about science and more about cult level manipulation.
The Americans and the Russians have everything to gain and nothing to lose by becoming strong and loyal allies. A huge effort should be made to establish and strengthen such an alliance.
I think pres Trump will get it-the question will be though will then extend pres be able to keep demanding and receiving it? Probably not. Pres Trump might been able to get Iraq oil $$ too, but yeah,they are corrupt as all get out.
You think in short term, Gold thinks in long term.
Pull up Gold vs S&P since 1971 and you see Gold clearly outperforming the S&P.
https://topforeignstocks.com/2019/09/26/gold-vs-sp-500-long-term-returns-chart/
Venezuela is a great example. They have the largest reserves of petroleum yet their political stance have made it so no foreign company will invest in getting the petroleum out of the ground anymore.
One of the reasons why I try not to buy gasoline at Citgo/7-11 fuel stations. I personally do not want to support Venezuela.
There’s no surprises in that list.
You have posted that earthly wealth is meaningless compared than God’s rewards.
Yet, you post incessantly from gold websites and go on podcasts sponsored by gold websites.
Why all this interest in gold but zero posts here and on othervsites in the religion forums?
“I guess by your opinion, with the ENTIRE world’s Central Banks buying historic amounts of physical Gold ...”
Russia is selling off their gold to pay for their “two-week” war.
Totally agree.
As I’ve said on this site several times, Russia has the greatest intrinsic wealth on the planet.
“You think in short term, Gold thinks in long term.
Pull up Gold vs S&P since 1971”
Starting at 1971 puts in a one-time aberration. Start any year later and it looks entirely different.
Even so, your chart shows that the S&P 500 still outperformed gold.
“Without natural resources, there is no production.”
You contradict yourself. In a podcast you said that worker productivity only counted and your example was Japan for a successful economy without natural resources.
Are those values taking into account the cost of mining, pumping, collecting or otherwise obtaining said resources?
NOT STUFF.
Productivity implies production, which is making or collecting "stuff". Stuff can be traded for other stuff, like gold for food, clothing, etc. Wealth can be defined as having more than you need to obtain the stuff you need.
bkmk
Wealth is a function of what is considered a human need. For a radical example (which doesn't answer to physical needs) I am considered wealthy because I have been adopted into an inheritance through the transformative love of Jesus Christ.
As a side note, it is interesting that Maslow's hierarchy of needs had to be revised the hierarchy of needs gets upset when they are sacrificed for a perceived higher need.
You contradict yourself. In a podcast you said that worker productivity only
—————
Now I know you are a certified nut job. Go back to your Bitcointalk forum where the nut jobs stated FR poster “ 917601 is actually Marin Armstrong”……
The Bitcointalk boys forum are crazy loons! You obviously have a lot of idle time on your hands.
Carry on looking like a fool.
Armstrong predicts DOW to double in 2015 then a major crash in 2016.
Neither happened.
https://www.financialsense.com/contributors/martin-armstrong/dollar-collapse-market-double
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.