404100+ entries in 0.105s
mircea_popescu: CPM Group (2011). The CPM Silver Yearbook 2011 : total silver production in world history, 750mn ounces.
mircea_popescu: anyway, tomorrow i'm inspecting a new girl so i need my sleep. take it easy all.
mircea_popescu: unrelated : "Please read the attached business proposal and get back to me at your earliest convenience with your thoughts and reaction. Email me on: farouk.kazeem@syriaweb.net"
mircea_popescu: benkay superluxurious stuff : overpriced and no effect whatsoever.
mircea_popescu: i suppose i gotta go snort powdered bohemia crystal nao
mircea_popescu: ThickAsThieves for some reason that concept is hard to grasp.
mircea_popescu: the theory is that "civilisation collapsed" and so now silver rounds are finally good for something
mircea_popescu: for that matter, 19th century england was trying to create demand for silver by making 50lb silverware sets a sort of middle class standard
mircea_popescu: silver is pretty much like seasalt, can make as much of the stuff as you can possibly ever want.
mircea_popescu: you don't get proper ones till about 12 or so, and the owner always objects to having teeth pulled.
mircea_popescu: tell you wahjt, if i'm the boss of a tribe and i need a curtrency ima make teeth the currenyc.
☟︎ mircea_popescu: ThickAsThieves what amuses me the most is this "silver is valuable cause it can work as currency" nonsense.
mircea_popescu: listen. in 2011 alone, mexico alone produced ~4500 tonnes of the stuff.
mircea_popescu: it goes from 5 to 50 and back and again with the folly of the crowds, over the decades and centuries.
mircea_popescu: look. there's more than 100x as much silver available as gold. for every 6 dollars or so that silver goes up in price the production capacity doubles
mircea_popescu: gold is money. silver is this thing that poor people keep tryiong to pass as money
mircea_popescu: silver is abundant. people have been trying to sell it as worthwhile and "an investment" or "money" since the great debates in the us in the 1800s
mircea_popescu: WILLdude it will keep climbing until all the noobs are tapped out at which point it will stop climbing
mircea_popescu: "This is all nice and good, usagi also imagines he is fully compliant with what he understands of all applicable regulations. What is your MSB registration # ?"
mircea_popescu: sturles so you are not aware you actually promised to keep your information up to date ?!
mircea_popescu: sturles apparently nobody reads anymore. anyway, you have ever opened a bank account ?
mircea_popescu: because the good lawyer is expensive and wanted even more to get involved wuith the weirods, and the "just as good" cheap lawyer... isn't just as good.
mircea_popescu: Bugpowda because he doesn't even know what that means.
mircea_popescu: sturles you realise he also signed a rider saying he'll keep the info up to date.
mircea_popescu: first they take all his money and make him go through the court system for half a decade.
mircea_popescu: <Chaaang-Noi> gox seems to be legit in japan << based on what ?
mircea_popescu: i don;'t think anyone seriously expected anything be better organised than their trade engine.