Airalee

1 hour ago, Peterphuket said:

You would expect a bit more knowledge from a Swiss, wouldn't you?

From the very few Swiss I have met here in Thailand…absolutely.  They are also quite reserved so even  commenting on gold threads like this (and the one previously posted) seems out of character.

13 minutes ago, spidermike007 said:

Well, those kind of stats are likely something that UNFPA's (ultra nationalist fake patriot Americans) are not going to want to hear, as they have to show fealty to their master by showing a dislike of Canada, despite the fact that Canada has been a loyal and faithful friend and ally to the US for at least a century now. 

And who owns the rights to that gold?  Large gold miners that are publicly traded.

Who owns the largest stakes in those miners?

Institutional owners.

And which country holds the majority of that institutional ownership?

Not Canada.
 

Remember when the left universally decried dynasties such as the Bush family?

Now, as shown in this thread, they champion them.

5 hours ago, jas007 said:

Almost 90% of the world's currency transactions are performed with the US dollar as a "delivery vehicle,"  Foreign currency gos in, is converted to US dollars for the transaction, and the transaction is completed. So like it or not, when you're buying fold in a home currency that's not the US dollar, then, like it or not, you're supporting the dollar.  

Your reply makes no sense.

Some moron said “how have your gold holdings fared in your “home currency””

And I showed her that it has fared quite well in most major currencies.   Are you saying it hasn’t?

Saying that “buying gold supports 5e dollar” is wrong.  In fact, it is more of a vote against the dollar.   But hey….if you enjoy coming to the defense of morons…you do you.  Birds if a feather and all.

4 hours ago, Sierra Tango said:

You know what they say about sarcasm and wit, right?

Unfortunately, you seem to only be focused on the first half of “what they say”

3 hours ago, Pistachio said:

Many Filipinos teach English in Thailand. They have a bachelor’s degree from the Philippines, and nobody minds not the parents, nor the Thai schools. So why should my Filipino degree be a problem? Yes I originally considered doing an online bachelors in the Czech Republic but the Philippines is cheaper

From what I understand, the Filipinos are paid less than the teachers from NES countries.   

1 hour ago, Harrisfan said:

You write the same crap daily.

For fun….google half of what he writes.   He keeps everything he writes in a file to cut and paste into future posts.

Leftists are weird.

11 minutes ago, spidermike007 said:

What Trump has done could precipitate nothing short of a major economic crisis. I think he's gone too far, I think he knows he's gone too far, I think his advisors know he's gone too far, but they're too cowardly to say anything, Fox News is starting to say that he's gone too far, and I think that it may be quite difficult for him to pull back from this brink.

 

He may have set in motion a disaster of historic proportions and he could go down in history as being one of the clumsiest, most idiotic, most reckless, and most dangerous men in the history of America. 

 

I almost feel sorry for the man at this point, and that's a difficult thing for me to say, but I think the junk that's going to fall onto his ugly face is going to be an horrific thing to witness. Or a joyous thing, if you're not heavily invested in the American markets. 

 

 

Deja Vu…🙄

Beef

8 hours ago, BLMFem said:

 

This is tanking together.

 

 

 

 

Ummmm 🤨 

Blueberries with heavy cream are my favorite.   I like jicama too even though it’s not a fruit.

55 minutes ago, short-Timer said:

A complete and utter total abomination. Everything that sweaty old turd touches turns to absolute sh*t. Single-handedly destroying the American economy like a wrecking ball with stage 4 dementia. I’ve never seen anything like it. You’d have to go back to the Great Depression to find anything even remotely on the same level. Even his own constituency turned on him in the Senate yesterday during the vote on Canadian tariffs. Unhinged and as reckless as a bull in a china shop. He just shaved off another 6% of the Nazi carmaker’s wealth today. Nobody minds that, of course, but I wonder if that jittery little spastic jumping goblin has finally done the math and realized that hanging out with the Cheeto-chump convict has done nothing but cost him over $100 billion. At least karma is still alive and well in DC. God save murika. 

B+ for histrionics.   Needs some work to get it up to JT level.

12 minutes ago, hotsun said:

Why do leftists still cite krugman? Hes been wrong about everything his entire career

He was the laughing stock of the housing bubble (great financial crisis) amongst all the economic bloggers.

6 hours ago, frank83628 said:

Ahh ANs very own BLM rioter / economist

Burn, Loot & Murder

1 hour ago, still kicking said:

Not made from beef

Australia’s largest trading partner is China, but the United States has been Australia’s largest market for exported beef for most of the last 25 years. Beef was one of the Australian exports targeted by China in 2020. Rather than applying tariffs, four Australian red meat abattoirs were banned from selling meat in China due to labelling and health certificate requirements.

When the Chinese tariffs and bans on Australian wine, barley, beef, timber, coal, cotton and lobsters took hold, Australia diversified its export markets. USSC modelling shows that Saudi Arabia overtook China to become Australia’s largest importer of barley, Vietnam imported the most cotton and the United Kingdom and the United States imported the most wine.

In 2024, the United States accounted for 30.7% of Australia’s beef exports (up from 17% in 2022). Agricultural issues have been a sticking point in the US-Australia trade relationship for decades. While US tariffs or restrictions may limit imports of Australian beef, Australia’s beef exports globally may increase as they diversify their markets, like they did following China’s restrictions in 2020.

LOL

The US imports approximately 10-12% of its beef.  It exports the same amount.

Only 12% of the imported beef comes from Australia.

So…Australia supplies 1.2%-1.44% of the beef consumed in America.  
 

A big nothingburger.

47 minutes ago, swissie said:

Have you noticed? There is no international or local newspaper and all social media sources that do not celebrate the ever increasing price of Gold.

No. In fact, oddly, I haven’t seen much.   I just scrolled down the whole CNBC, Marketwatch and Yahoo Finance pages.  There was only one small article in yahoo.   The others….nothing.

47 minutes ago, swissie said:

Technically, the price of Gold is in in a strongly "ouverbought" situation, by every technical indicator.

Please explain.   Keep it simple.  I looked up technical indicators for gold and it seems like many experts have been screaming “overbought” since gold was above $1700.  (See attached screenshot below for one example)
 

I’ve watched YouTube videos before when first wanting to understand trading on technical indicators.   Wow!  There are so many ways.   The most common denominator was that it was usually some gormless neck bearded weirdo sitting behind some $100 Office Depot desk set up in his apartment bedroom or moms basement.

47 minutes ago, swissie said:

most central banks (major buyers in the past few years) have indicated that they will pause with purchasing Gold at current prices.

I googled this too.   I saw lots of articles from June/July last year about China pausing their gold purchases but nothing else.   I also see that China resumed buying gold and has been a net purchaser for the last 4 months.

I do find it interesting however that the Swiss National Bank sold half of its gold reserves between 2000 and 2005 when gold was below $500. 

11 minutes ago, nick supreme said:

You hate a strong black woman. 

Facial tats, piercings and a bad attitude is not an example of a strong woman.  It shows a woman in need of help.  
 

This is a strong black woman….

4 hours ago, connda said:

bob smith...do you have another screen presence now!  Asking for a friend. 

 

I’d be an angry militant black butch lesbian too if I had gotten a bunch of ridiculous face tattoos that made me look like the crack baby love child of Tekashi 69 and lil Wayne, only to find out that I wasn’t able to capitalize on it beyond using my likeness to troll expats on AN.

But….like you, I too think it’s Bob.

Sometimes, I think most of these extreme leftists here on AN are actually MAGA astroturfers who are here to make the left look even worse than they are….if that’s even possible.

3 hours ago, Lacessit said:

If AI could give you the savings, it could also give you the median household income.

 

The point of my post is to illustrate a difference in the way poverty rates are measured in different countries.

 

The point of your post is an exercise in off-topic trolling.

Using yourself as an example of a “low income, but super high savings” is a ridiculous comparison to people making minimum wage.

Almost as hilarious as your boastful claims of “I have enough money saved to live to 108 years old”…..do ya remember that?  It was cringe.

I’m sure all the low income people are in the same boat eh?

Next time I’m not even going to do half the work for you.

I’d prefer a  “One Stop Divestment Hub” myself.

Thanks.

Signed….a former 11 month resident who is now on the second year of being a 17x day resident.

15 hours ago, Lacessit said:

The OP compares apples and oranges.

 

The US figure looks as if it is based on the SNAP food program.

 

In Australia the poverty line is 50% of median household income. It takes no account of savings.

 

I am below that poverty line, in terms of income.

 

Living in Thailand, I have two dwellings, two cars, and two scooters. Plus substantial cash savings in Thailand and Australia.

 

It's a flawed comparison, as different metrics are used.

Median household income in Australia is what?

Here is what AI dug up on median savings (NOT average(mean) which is skewed upwards because of the rich.

•  
• Savings by Age Group:

  • Under 17s: Have $3017 in savings on average, with a median of $2729. 
     
  • 18 to 24-year-olds: Have an average of $13,069 and a median of $2,410 in savings. 
     
  • 25 to 44-year-olds: Have an average of $29,769 and a median of $811 in savings. 
     
  • 45 to 54-year-olds: Have an average of $52,836 and a median of $1,429 in savings. 
     
•  

So.   How much savings do you think those who are below 50% of median household income have?  Probably not enough to make a bit of difference,

12 hours ago, RSD1 said:

Pretty. Decorative, small wooden boxes?

Nope….I don’t really know what they are.  Just little doodads that I like to give to friends and other random people.  When people look at them, you can’t tell what it’s made of…and that’s kinda cool.  So…the recipients don’t know what it is….some think it’s lapidary…but it puts a smile on their face.

I do think it would be fun to make small wooden boxes.  Maybe someday. 🙂