Member Info for drunkinftl

Why would Russia invade Ukraine? Only in reponse to a full attack on Dopnbas by JKiev otherwise there is nothing to gain. Fact is the US UK and EU are in deep do doos! Its all a distraction..The US is going to release oil reserves but the oil they are letting go is what 3 days supply?? Energy shortage..No wind power..
World’s largest offshore wind developer warns on low wind speeds
Credit: Orsted is latest company to suffer from more still days in the North Sea than expected in June and July | By Rachel Millard | The Telegraph | 13 August 2021 | www.telegraph.co.uk ~~

The world’s largest offshore wind developer has warned that low wind speeds are expected to affect its performance this year, highlighting the vulnerability of the renewable power giants to weather conditions.

Orsted expects annual profits to be towards the lower end of its predicted range of 15bn to 16bn kroner (£1.7bn to £1.8bn) due to very low wind speeds in June and July. The period ranked among the worst three quarters in more than 20 years.

Mads Nipper, the Danish company’s chief executive, told the Financial Times that wind speeds in the North Sea had been “extraordinarily poor”, adding: “It’s very serious. It is like you’re a farmer and it doesn’t rain.”
That was last August 3 months later still little to no wind!
Thats the reason these small companies are going bust and they cant meet their commitments to their customers.... No wind . You cant buy in advance wind powered electricity it cant be stored and if the windmills arent turning.. no lecky!
FWIW My all electric energy bill was £154 in May when that contract ended its now after 2 suppliers going toes up £307 per month Per ofgem Green Taxes & VAT on home electricity is 31% of your electricity bill!

Previous presidents have announced in a run up to elections how they will control government spending and debt but all of them after they get into the White House change their agenda. The question is why? And the answer has to be the Swamp. And the US military and their family are the biggest and loudest members of the swamp. Trump told us he was going to drain the Swamp... and his increasing military spending on new weaponry etc was his first job because he knew the military were a powerful lobby. He bought them off. But not only did the military demand more but he did not realise how wide & deep the swamp is. He told us he was independently wealthy. He was mistaken. He owes money to another powerful member of the Swamp the Banks! Whereas a single individual he may have been able to withstand an attack on his/her assets by the Swamp Trump has a family used to the good life! But now and again he comes out with a quip. He wanted Troops out of Syria and Iraq. But they are still there. When asked why he said Oil, he said ''I love oil'' and strangely that got no exposure and so no angry blow back from the greenies? But an important message he also got out that was again all but not reported was this in 2018. “As of a couple of months ago, we have spent $7 trillion in the Middle East. Seven trillion dollars. What a mistake. But it is what is,” Trump said Monday at a White House meeting on with officials and lawmakers on infrastructure. “”

“Think about it: As of a couple of months ago, $7 trillion in the Middle East and the Middle East is far worse now than it was 17 years ago when they went in and not so intelligently, I have to say, went in. I’m being nice.'' 2/13/18 Newsweek The Saunders side of Trump. (Trump has always admitted to not being able to put his sentences out in the most intelligible fashion)
And we have a swamp of our own.

I seem to recall that Chinas property market first raised concern in 1999. Empty buildings in the middle of nowhere. But what will the Chinese do? I wonder how much money Evergrande owes to western banks? And when it comes to property Western banks cant ignore property look at the property crashes we've had? And Chinese rates are higher than American & other Western countries. A lot of Russians took out dollar mortgages because of the lower rates. But in 2014 with the Crimea thing the rouble halved in value..i.e. the value houses securing those dollar mortgages halved in dollar terms. Then add in the property price collapse of Russian property. Add in the doubling of those dollar mortgage payments for Russian home owners and ouch you get defaults. So what happened to that? Maybe there werent that many dollar mortgages in Russia after all. And then again maybe they were dumped on the worlds financial markets like the US sub prime mortgages? or maybe they are still hidden in the banking system ? Ho hum!

Its taken a long time but we are floundering.. and just like AMC the stuff is found it in the ground and not going anywhere if you have a pessimistic outlook or the world economy like i do, nothing is going to happen here until covid is well in the past and then norilsk will pick this up when they are ready and need it!

Peter Schiffs talk 'why the meltdown should have surprised no one' on the tube he quickly and very humourously describes the US position on the US debt to the Chinese. I think this whole chat is a must I still laugh at some of the things he says..
But of course it doesnt just apply to the Chinese it is all holders of US debt... and I'd bring up the question about German gold that the USA wouldn't let the Germans even inspect. The Germans did get some of their gold back..apparently all of it.. But..into the back door of Ft Knox ''"Ukrainian gold reserves loaded on an unidentified transport aircraft in Kiev’s Borispol airport and flown to Uncle Sam’s vault" March 7, 2014 http://newswire-24.com/2014/03/07/4827/
Out the front door of Fort Knox to Germany
"German Gold Makes It Way Back Home From Fed, Slowly"
March 26 2014 http://www.ibtimes.com/german-gold-makes-it-way-back-home-fed-slowly-1563651
look at the dates... So what if the US didn't have the gold... what can the germans do? expose the default of the USA?..Crash the whole thing and never get their gold back?.. No keep quiet but keep the 'gold in Ft Knox' on their books as a credit!...Ssssh.
As for the Chinese.. $1.3 trillion they are owed by the USA not a huge sum by todays standards.... wait for a run on the dollar then dump the lot on the markets... crash! Cheaper than a war.

I await to see the total number of all deaths in the UK for 2020..

Iran attacking tankers is not proven..

We will only be sold to a Russian company or a company from a country friendly to Russia!

As Peter Schiff says... when the Bitcoin market collapses, its worth $1.1 trillion plus, those panic sellers will plough into gold & silver and I would reckon the gold market is quite inelastic.. I think I got that right!
gold will soar!

Trust in the legal system.... the swamp appoints these people!
When Trump said he was going to drain the swamp he had no idea how very wide & deep the swamp is!

But that's been the deal hasn't it.. the USA would drop interest rates the americans would refinance and spend the cash... It would slosh around the US until it finally disappears off to China et al... look at the US trade deficit when it reaches $83 billion a month thats a trillion a year... Last month was $74.4 billion!
2008 was caused by banks handing out sub prime loans and then flogging them around the globe as AAA securities according to the BBC in their Trillions..Surely that was fraud??.. With goldman (our chancellors former employer.. the Swamp at work) being accused of deceiving customers.. to settle they paid a fine of 5 billion I think... which went to the government... their cut??
Cant drop interest rates anymore.. a quote from independence Day ....''Times up!''

But really the only bloke worth a listen is Peter Schiff schiffradio.com..
And I hear today on RT Boom n Bust .. the US government want to be notified on whos buying bitcoin.. for tax purposes.. there goes the confidentiality.. Theres no escaping government..
For fools they've got it pretty well tied up!.. or i should say ...For fools they've got US pretty well tied up!
Ho hum!

Yes they are fools.. but the voter is the bigger fool.. or should I say easily fooled.. Black Wednesday BBC on the tube clarke says
It was while we were in the sitting room in the afternoon that we suddenly realised that we were probably the less well informed than anybody else in the United Kingdom about exactly what was going on .
So we actually began to search for a transistor radio. We decided we should try to keep in touch with the money markets and here we were cooped up in the Admiralty House ''the three people in the country least well informed'' about the hour to hour movements in the money markets'' which kept being reported to us upon which we were acting! ''
And he says it with a big grin on his face? .. so who are the fools..
I like MoneyWeek and subscribed.
But really they want you to have an app... on which you'll have to reject the cookies nonsense everytime you sign in.. a password.. and to read it on PC you need another password... Another password?? So I cancelled it..
Lifes too short to keep making up new passwords.. let alone having to remember them..
Taxation easily collectible.. The taxes on home electricity... Which including Green tax & VAT is now 38%... yes 38%
You can look t Ofgem n they tell you taxes make up 27% of your lecky bill.. a decption..the actual tax %age is 38%
And to pacify the chat commandos I bought 2 dollops today one for my ISA one for my bog standard a/c!
But also while I am here any views on the Royal Mints gold etf RMAU and Widomtrees PHAG silver and Gold SGBS..
Both got from MoneyWeek as being totally backed by Silver & Gold??

I must disagree
Government might be fools but they are in charge. I think Warren Buffet said they have the guns..
And the police and the secret services GCHQ.. etc etc..
In 2008 everyone including HMG were saying the Banks are to blame... Did one banker go to jail?
fred Goodwin got a slap on the wrist and thats it hes still doing nicely!
HMG gives the UK for banks to operate.. they are licenced.. did one bank lose its licence.. maybe a small Chinese one in the USA?.. but other than that.??
"A Tehran court has sentenced to death four people convicted in Iran's biggest-ever banking scandal,......"
DT reported
You'd see some pretty fancy banking after that!!
A banking licence was revoked in Russia.
Banks work for governments!
Bitcoin et al.. the Internet Kill switch there are references on Wijipedia.. and some countries have already used it. So how many bitcoin do you have?
In simplicity A on line movie company offering to rent movies or even buy them and place them in your internet movie bookshlef.
The company went bust and so did all those movies owned by punters. Over simplifying yes.. but without internet access you have no bitcoin available to you or anything on the internet!
Anyone bought gold bullion... HMG now have a record of your buying how much and when if they want to access it to buy you gold back under duress if they deem it so.
Google, Facebook... etc pulling the wool over HMGs eyes... nah. If they are getting away with it.. they have been allowed to do so.. Google n Facebook work for governments supplying info on us..
Not quite sure where starbucks fits in... maybe lots of politicians are invested there.
Maybe buying shares is the only way to be safe.. in an ISa... you can bet if things get tight the benefits of an ISA will be suspended until this little bit of trouble is over..
Reduce the safety net on cash held in banks could be removed too.. your £85K is no longer safe
Government appear to be fools because they want it that way..
''Whoops we've made a mistake.''. ''Lessons must be learned '' '' We apologise unreservedly'' (there's a statement that sounds a little grand but means nothing) ''we are only human''!!
Bitcoin... Pppfffttt.
''“Satoshi Nakamoto” designed bitcoin, one of his key aims was to create a money system that had no central point of failure.'' Did he say that?... I didnt think anyone knew who he/she/ or they were/are?

Dodgy penny shares.. a good few years ago I heard on a radio program that professional investors use the shot gun effect.. do negligable research and buy penny shares any way thats theory. I did this with ORSU, AMC & EUA.
Orsu flopped but still flopping AMC I missed the big one but didnt fair badly but very disappointed in my greed.. but with EUA as you can see and my average was 0.55pence sold 600000 for 18p.. wasn't greedy enough as it hit 40p.
Whaddya gonna do?

I wondered that also.. got 867 for mine 1st thing

There is no option 0

Cheerio

I dont think shafted is the right word I think what we have here is eastern economies taking control of their assets.. We have had Highland Gold and Trans Siberian Gold being taken out of western hands and who can blame them. With east west relations as they are who would blame them.
EUA is touted as a takeover by Norilsk but EUA's main asset is not producing whereas HGM TSG and KAZ are.
And the price we are being offered?? I dont know but I am not selling hyst going to sit n wait.

''We have over 100 staff, and offices in London, Washington DC and Brussels...'''
The usual suspects!
''Income
The majority of Global Witness funding comes from grants made by foundations, governments, and charities.[48] One of their main benefactors is the Open Society Institute (Soros), which also funds Human Rights Watch.[49] Global Witness also receives money from the Norwegian and British governments (Eeeeek),...''
be afraid very afraid...

on youtube ''New Rule: Losing to China | Real Time with Bill Maher'' he aims at the USA.. it relates to the UK!
https://www.youtube.com/watch?v=2DH4v6FnbvM
Laugh and then you'll cry!