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Re: We likely stopped BRICS.
[Re: yotetrapper30]
#8666987
09/26/26 08:19 AM
09/26/26 08:19 AM
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Joined: May 2010
MN
Steven 49er
trapper
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trapper
Joined: May 2010
MN
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same bank that owns our “Federal Reserve “. What bank would that be? The bank of the Rothchildes If a BRICS currency becomes viable it will only be on nations fail. Ours for the mess we allowed ourselves to get in by abusing a fiat currency means of exchange
"Gold is money, everything else is just credit" JP Morgan
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Re: We likely stopped BRICS.
[Re: KeithC]
#8666990
09/26/26 08:26 AM
09/26/26 08:26 AM
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Joined: Feb 2011
alberta
spjones
trapper
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trapper
Joined: Feb 2011
alberta
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Fiat currencies have a 100% failure rate,,,
Some just haven’t failed yet
How much runway the USD has left remains to be seen
I would say 25-50years,,,,
Prepare accordingly
The smart money already is,,,
Last edited by spjones; 09/26/26 08:27 AM.
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Re: We likely stopped BRICS.
[Re: spjones]
#8667002
09/26/26 09:15 AM
09/26/26 09:15 AM
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Joined: Aug 2008
ny
upstateNY
trapper
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trapper
Joined: Aug 2008
ny
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Fiat currencies have a 100% failure rate,,,
Some just haven’t failed yet
How much runway the USD has left remains to be seen
I would say 25-50years,,,,
Prepare accordingly
The smart money already is,,, I dont believe there is any country that still backs their money with gold.
the wheels of the gods turn very slowly
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Re: We likely stopped BRICS.
[Re: KeithC]
#8667009
09/26/26 09:36 AM
09/26/26 09:36 AM
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Joined: Aug 2011
james bay frontierOnt.
Boco
trapper
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trapper
Joined: Aug 2011
james bay frontierOnt.
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Gold ownership certificates are just another fiat.They might make better toilet paper than a dollar bill though.
Gold reserves that are minable will start to decline in about 20 years.
Last edited by Boco; 09/26/26 09:43 AM.
Forget that fear of gravity-get a little savagery in your life.
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Re: We likely stopped BRICS.
[Re: KeithC]
#8667013
09/26/26 09:43 AM
09/26/26 09:43 AM
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Joined: Feb 2011
alberta
spjones
trapper
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trapper
Joined: Feb 2011
alberta
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Correct upstate
There are no gold backed currencies,,,,
But,,,,
Many countries(central banks) have physical gold reserves
And are increasing the size of reserves
Last edited by spjones; 09/26/26 09:44 AM.
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Re: We likely stopped BRICS.
[Re: KeithC]
#8667018
09/26/26 09:52 AM
09/26/26 09:52 AM
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Joined: Aug 2011
james bay frontierOnt.
Boco
trapper
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trapper
Joined: Aug 2011
james bay frontierOnt.
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peak minable gold = about 20 years
Lots of gold in the earths core but inacessable.
Last edited by Boco; 09/26/26 09:53 AM.
Forget that fear of gravity-get a little savagery in your life.
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Re: We likely stopped BRICS.
[Re: spjones]
#8667041
09/26/26 10:31 AM
09/26/26 10:31 AM
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Joined: Jan 2008
Alaska and Washington State
waggler
trapper
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trapper
Joined: Jan 2008
Alaska and Washington State
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Incorrect bozo
As the price of gold increases
More expensive mining operations become doable
Thus increasing supply Absolutely true. I'm working on a gold mining project that became viable within the past couple of years due to technology, and an increase in gold price. To some degree the same is happening with copper.
"My life is better than your vacation"
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Re: We likely stopped BRICS.
[Re: KeithC]
#8667043
09/26/26 10:34 AM
09/26/26 10:34 AM
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Joined: Aug 2011
james bay frontierOnt.
Boco
trapper
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trapper
Joined: Aug 2011
james bay frontierOnt.
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Pipe dream there is a finite supply that is minable.
Peak gold = 2040 - 2050.
When price of gold goes up they re process the tailings like they did at the Dome and Pamour back in the day.
Dirty process low return and it is still gold that has already been extracted from the earth.
That is nothing new High grade is always processed first cause it is cheaper to do and more profitable.
Doesnt change the amount of gold in the earths crust.
Even with the price of gold going up exploration has been declining since 2022.Costs too much when you dont find any new substantial reserves.
Most mining exploration currently is for other minerals in high demand for the new electric economy.
New nickle mines popping up all over the place.
Last edited by Boco; 09/26/26 10:44 AM.
Forget that fear of gravity-get a little savagery in your life.
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Re: We likely stopped BRICS.
[Re: Boco]
#8667047
09/26/26 10:45 AM
09/26/26 10:45 AM
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Joined: Aug 2008
ny
upstateNY
trapper
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trapper
Joined: Aug 2008
ny
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Pipe dream there is a finite supply that is minable.
Peak gold = 2040 - 2050.
When price of gold goes up they re process the tailings like they did at the Dome and Pamour back in the day.
Dirty process low return and it is still gold that has already been extracted from the earth.
That is nothing new High grade is always processed first cause it is cheaper to do and more profitable.
Doesnt change the amount of gold in the earths crust.
Even with the price of gold going up exploration has been declining since 2022.Costs too much when you dont find any new substantial reserves.
Most mining exploration currently is for other minerals in high demand for the new electric economy. Still lots of gold in the earth and ocean floor.Just have to know where to look. 
the wheels of the gods turn very slowly
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Re: We likely stopped BRICS.
[Re: KeithC]
#8667048
09/26/26 10:47 AM
09/26/26 10:47 AM
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Joined: Aug 2011
james bay frontierOnt.
Boco
trapper
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trapper
Joined: Aug 2011
james bay frontierOnt.
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Lots of gold in the earths core-they just havent figured out how to drill down to it without the bits melting from the heat.
Forget that fear of gravity-get a little savagery in your life.
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Re: We likely stopped BRICS.
[Re: waggler]
#8667057
09/26/26 11:12 AM
09/26/26 11:12 AM
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Joined: Dec 2006
Minnesota
330-Trapper
trapper
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trapper
Joined: Dec 2006
Minnesota
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Incorrect bozo
As the price of gold increases
More expensive mining operations become doable
Thus increasing supply Absolutely true. I'm working on a gold mining project that became viable within the past couple of years due to technology, and an increase in gold price. To some degree the same is happening with copper. Id Love to experience that Mark
NRA Life Member
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Re: We likely stopped BRICS.
[Re: KeithC]
#8667058
09/26/26 11:13 AM
09/26/26 11:13 AM
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Joined: Jan 2018
MN
Donnersurvivor
trapper
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trapper
Joined: Jan 2018
MN
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How much Gold will be unlocked in south America as they continue to build roads, bridges and gain accessibility?
by and large, you're right. Women are almost always awful.
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Re: We likely stopped BRICS.
[Re: Boco]
#8667075
09/26/26 11:36 AM
09/26/26 11:36 AM
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Joined: Oct 2017
perry co.Pa
wetdog
trapper
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trapper
Joined: Oct 2017
perry co.Pa
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Lots of gold in the earths core-they just havent figured out how to drill down to it without the bits melting from the heat. If it's hot enough to melt steel, then all the gold only you think is there is in a liquid form Are you going to suck it out with a straw?
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Re: We likely stopped BRICS.
[Re: Boco]
#8667095
09/26/26 12:46 PM
09/26/26 12:46 PM
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Joined: Jan 2008
Alaska and Washington State
waggler
trapper
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trapper
Joined: Jan 2008
Alaska and Washington State
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Pipe dream there is a finite supply that is minable.
Peak gold = 2040 - 2050.
When price of gold goes up they re process the tailings like they did at the Dome and Pamour back in the day.
Dirty process low return and it is still gold that has already been extracted from the earth.
That is nothing new High grade is always processed first cause it is cheaper to do and more profitable.
Doesnt change the amount of gold in the earths crust.
Even with the price of gold going up exploration has been declining since 2022.Costs too much when you dont find any new substantial reserves.
Most mining exploration currently is for other minerals in high demand for the new electric economy.
New nickle mines popping up all over the place. There's also a finite amount of oxygen....but I don't worry about it.
"My life is better than your vacation"
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