lmao china is not backing down >U.S. national security adviser Jake Sullivan on Monday raised concerns about China's alignment with Russia in a seven-hour meeting with Chinese diplomat Yang Jiechi as Washington warned of the isolation and penalties Beijing will face if it helps Moscow in its invasion of Ukraine. >The meeting took place in Rome as the United States told allies in NATO and several Asian countries that China had signaled its willingness to provide military and economic aid to Russia to support its war, two U.S. officials said. >"It's real, it's consequential, and it's really alarming," the second U.S. official said. >"I'm just going to reiterate that we do have deep concerns about China's alignment with Russia at this time, and the national security adviser was direct about those concerns and the potential implications and consequences of certain actions," a senior administration official told reporters.
>why is it let's say $1 today and $2 tomorrow >why does it fluctuate? That's the thing, and one very misunderstood thing about gold and other metals > THERE IS NO SUCH THING AS "METALS PRICES" As you said, and well, there is no "intrinsic" value in metals other in some applications in electronics and jewelry. What makes the price of gold then?
As I said at the post you're replying, gold is a good store of value exactly because it lasts long without change and it can be both divided and reassembled with ease. Other than that, the price of gold is > whatever the value you give to it in a said trade
Take for instance those "sell your gold" shops that every third world country and every seedy neighborhood has. They will *never* pay you the "official" value for your gold because they know if you are selling to them you are in a shit creek and needs to convert it in currency now. They set the price, yuo take it or leave it.
Now, how is the overall accepted price of gold "formed"? The more people in "shit creeks" needing to convert gold into legal tender, the lower the overall price of gold will be because there will be lots of people with no option but to take any offer they can for the gold they hold.
Conversely, the more it looks like society needs a way to save their wealth for a long time in a time of uncertainty, the more legal tender they'll be willing to part to get their hands into gold, driving the price up.
There is no particular reason gold has the low value to the seedy shop or the high value for the people trying to save their wealth, supply and demand takes care of that. What makes gold special is the fact it is easy to split in small parts, easy to reassemble in big easy to store pieces, it easily identifiable even to the naked eye, easy to determine to be the real thing and not some copy, impossible to forge and manufacture and, the most important > it does not decay with time No rust, no rotting, you store it and it stays there.
You're a fool if you believe that. He's driving down food supply, driving energy prices up. Just what the WEF wants.
Jaxson Ramirez
Well for one, using the Ukraine war to distract people from the last 2 years of corona niggertry, rising prices, and all around bad times. Which is why I do not like making Ukraine ops.
What is that logic called where one side determines an outcome by bringing two(ignorant) sides at odds, such that the outcome will be predetermined based on the two sides predestined destinations, determined by the originating party?
Grayson Cooper
Good post. That's all fine and dandy, user. Just focus on your home problems instead of a fake and gay slav war. Otherwise you might get raped to death by all the illegals biden is letting in to their god the devil.
but even if it doesn't rot it doesn't have any value to me it's just a bunch of shiny rocks
Evan Barnes
Why the fuck is Ukraine of all places so fucking important to them? They can be corrupt sacks of shit in any country, so what makes Ukraine so fucking special to them?
Matthew Sanders
user, if you are even considering "supporting" any side instead of just egging them into lulzy situations you already lost. I can ensure there are more pressing issues in your local community than some slavs duking it out in the exact same clay they did for the past 1000 years.
Ryan Turner
I sent their embassy an email, but that's because I want work and to move out, if Russia was accepting volunteers I would send their embassy an email too and risk getting raped by Chechnians. I don't support either, I just want honest work and trying for a civil servant job here hasn't paid off quite yet, quite the contrary, it made me start to learn how to code tho and starting on getting degrees 'n shit. I'm against illegal immigration hence I didn't followed that path, but come to think of it I'm against legal immigration too so there's that, I'm an hypocrite, sue me.
Levi Green
DO NOT WARN THEM gold is so rarely handled among some that swindling will be easy
supply vs demand. gold is a commodity and people spend money mining it for profit. other people buy it for various reasons. manufacturing, currency, special magic rituals that make them live forever, etc.
its not all that complicated. its just there are lots of buyers and lots of sellers so the price fluctuates
reuters.com/world/us-warn-china-perils-aiding-russia-rome-meet-2022-03-14/ >U.S. national security adviser Jake Sullivan on Monday raised concerns about China's alignment with Russia in a seven-hour meeting with Chinese diplomat Yang Jiechi as Washington warned of the isolation and penalties Beijing will face if it helps Moscow in its invasion of Ukraine. >The meeting took place in Rome as the United States told allies in NATO and several Asian countries that China had signaled its willingness to provide military and economic aid to Russia to support its war, two U.S. officials said. >"It's real, it's consequential, and it's really alarming," the second U.S. official said. >"I'm just going to reiterate that we do have deep concerns about China's alignment with Russia at this time, and the national security adviser was direct about those concerns and the potential implications and consequences of certain actions," a senior administration official told reporters.
Not asking you to. Just open your eyes. What he's doing is in sync with the overall WEF plan. Depopulation via starvation, among other things, and shifting on to unicorn fart energy. Which doesn't work, and will also contribute to depopulation. Hand in glove.
Anthony Ross
He needs to be sentenced to detention.
Ryder Mitchell
you’re about to find out he deliberately misunderstands arguments and still demands you honestly engage with him. by next thread all he’s going to remember is you couldnt explain dick and he’s right
Sebastian Smith
>California Well there you go. He couldn't take it. I go by real simple logic. >is x represented as a star on the flag? >if not it's not my problem
> but even if it doesn't rot it doesn't have any value to me > it's just a bunch of shiny rocks You are correct, you may not assign any value to it and if you found some by accident and people offered you some 50 bucks for a small pebble of it you might end up accepting. That would mean that, for you, that pebble of gold was valued 50 bucks for (let's say) 10 grams. IT doesn't mean other people wouldn't value it more than that, just that you did value at that exact amount.
Forget about gold, let's talk about something closer to you; cocaine. Imagine some you do some narco a big favor and, to reward you, he gives you a brick with one kilo of pure coke. For him that has very little value, he was willing to part with it for pretty much the worth of the leafs that were used to make it.
For you, it depends: if you have connections and can unload it into someone that values it a lot (people with customers that are addicted and would value it even even more), you can get a lot of money for it. Now, if you don't, you would likely part with it for some 10 bucks just to get rid of it.
If the police would catch you with it tho they would say > apprehension made of 100 thousand dollars in street prices worth of coke
Price of a commodity is how much people are willing to pay for it, and how much people are asking for it. No more, no less
>durr durr Platinum wasnt discovered until the mid 1800s but it is now more valuable than gold. Know why? Gold and platinun have extremely valuable chemical properties that dont exist in other materials while being scare. It is valuable to have a third worlder do dirty shitty labor but there are a billion other people that can do it, and trinite is rare but totally useless. Fucking economics no wonder broke bastards and commies are what they are since they cant understand.
No context is needed, mostly because they mean exactly what they say, both in the figurative way in the game and in the analogy they're making for the real world
Compared to some bots we had in the past he's tame. He won't top the Norgebot though. I miss that metal vikang like you wouldn't believe. I'm going to strongly interpet that post. I DO NOT CLAIM YOU AS ONE OF MINE.
The moor wrote all that text when he could simply have said >Rules of Aquisition number 102
Jackson Adams
>Kraemer: "Jerry, a principal killed them self in my school." >Jerry: "Oh take it easy, it was only an assistant principal." >George: "And a middle school one at that."
This crown is about two and a half thousand years old. It looks like it was made yesterday. Because its gold. Nothing else in the whole world is like that.