Naam
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13 hours ago, Thainesss said:Every time I see threads like this I’m always shocked at people questioning the need or “point” of insulation.
First of all, in a basic Thai house with a tile roof and gyprock ceiling - attic temps get up over 60C. I’ve put a sensor up there in mine to check it.
Second, insulation will block most of that heat from radiating downward into your room.
Third, if you use aircon, then it also creates a barrier and keeps the cool air in the room. The aircon doesn’t have to battle the heat radiating down from your attic space - requiring much less BTU’s to cool a space.
Spending 20-30k to put insulation in your roof is beneficial even if you don’t use aircon, and even more beneficial if you do.
reading thaivisa threads on airons, insulation and related topics for nearly 15 years is still a neck hair raising experience for a physicist.
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43 minutes ago, Brunolem said:
With humans, there is always a market, never mind how pervert... the question is: should everything and anything be offered just because there is a market for it?
anything, whether legal or illegal, will be offered if there's a market / demand for it.
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10 hours ago, wilailuk said:
If Trump does indeed dismantle the FED and go back to a Gold Standard
that's as likely as the Iranian Mullahs become Catholics.
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2 hours ago, tjo o tjim said:
Panels at 10B/W, grid-tie inverters about the same on Lazada. If you DIY, that puts you around a 3-year payback. I would only put in enough to offset your daytime use unless you want to talk to PEA, but that is a 12% rate of return assuming just a 12-year life.
if you look at my electricity bill (page 2) you see 4,922 kWh/month consumption = 164kWh/day = estimated usage during photovoltaic efficient sunshine hours fluctuating between 7 and 15kWh per hour.
therefore case closed marked "mission technically impossible / financially a wet dream".
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26 minutes ago, Brunolem said:
As far as derivatives are concerned, they don't influence the price of the concerned commodities like the gold paper market does.
that's one of the many unsubstantiated fairy tales pertaining to gold.
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25 minutes ago, Brunolem said:
And by the way, you don't explain why this gold paper market is needed???
if there was no demand that market wouldn't exist. as simple as that.
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10 hours ago, mania said:
Also in regards to manipulation Many still do not understand & think to buy a paper version of metals is the same...whether that be silver/gold/platinum/rhodium/palladium etc etc.
Those versions are manipulated & physical price is then based off that. But if you tried to actually buy a decent amount of "physical" gold at the time you would have seen it was not easy as supply was not there & I am speaking of 99% bullion not other forms
a fairy tale even though mentioned often by many goldbugs. there was never a shortage of supply.
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10 hours ago, mania said:
Some folks remember from 2008 or so onwards thru 2012 it was more than obvious JP Morgan was manipulating Silver by shorting amounts that not only they did not control but did not even exist
"naked shorts" as in JPM's case are not illegal in many jurisdictions until this very day. the SEC banned it in 2008.
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8 hours ago, suzannegoh said:
Maybe I'm wrong about that, maybe upward manipulation has only happened in the silver market. Remember the Hunt Brothers? Still it seems a bit dillusional the way goldbugs assume that whenever gold goes down it's because of manipulation and that when it goes up it can only be because of natural market forces. At a minimum there must be people on Wall Street unethical enough to do a pump & dump.
please don't overlook that the Hunt Brothers' silver hoarding indirectly pushed up the price of gold which later collapsed together with silver.
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6 hours ago, Brunolem said:
... and ZIRP, or even NIRP is an even bigger factor ... just look at how stock markets react on the hope of lower interest rates...
Now, on the other side, what exactly is the purpose of a paper gold market (that is a market that trades gold that doesn't physically exist, yet influence the price of physical gold)?
The very existence of this paper market is a manipulation in itself!
Why isn't there a paper cotton, or a paper copper, market?
What's so special with gold (and other precious metals) that it needs to be treated differently than other commodities?
whether we like it or not ZIRP and NIRP are things that happen based on economic necessities. Japan the most indebted country (>200% of GDP) wouldn't have survived without implementing them.
let me tell you a secret Bruno. what you call paper market exists for any commodity. the papers are called derivatives. and if you can think of rare commodities for which derivatives are not yet available, e.g. shrink heads from Papua New Guinea, pubic hair from virgin nuns or rocks from Mars and are able to commit 50 or 100 million dollars your bankers will find a counterpart (as crazy as you) and establish a relevant derivative contract.
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3 hours ago, Brunolem said:
You are comparing the performances of an asset, gold, which is constantly manipuled downwards (gold paper market, outright fraud...) with an asset, stocks, which is constantly manipulated upwards (QE, ZIRP, outright fraud...).
these old and naïve conspiracy theories always make me smile. yes... i agree that QE is indeed a major factor influencing the appreciation of stocks. but this appreciation is a normal reaction (interest lower = stocks higher and vice versa) and neither a manipulation nor fraud.
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1 hour ago, JimGant said:
The OECD is already redrafting boilerplate tax treaty language, to eliminate dual no payment taxation. Heretofore, it has been too easy to avoid paying either the mother country, or the new country of residence any taxes -- because the treaty language built to avoid dual taxation had too many loopholes. That will soon change, with most countries adopting something akin to the US's savings clause, which requires, regardless of treaty, declaration of all worldwide income on your home country tax return -- then, tax credits to avoid dual taxation.
that seems to be a fairy tale as most countries don't require a citizen living abroad to file a home country tax return.
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7 minutes ago, Naam said:
what makes you think he's a "real player"?
i withdraw my question as i just realised it's Egon von Greyerz who's büllshitting ignorants with rubbish such as:
Quote"Since 1971 the dollar has lost 97% in purchasing power and even at today’s level, the dollar is massively overvalued."
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2 minutes ago, wilailuk said:
On the Gold side, read what a real player has to say about gold
what makes you think he's a "real player"?
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6 hours ago, wilailuk said:
You talk about investing, appreciation etc. ?
It´s all a scam, a gigantic Ponzi scheme, nothing to do with real solid ol´ fashioned business, just a Casino, nothing else, and it will blow up very soon..
"blow up very soon" is what i hear poor people muttering since decades.
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6 hours ago, Brunolem said:
What about gold from 1971, the year of the closing of dollar convertibilty, to today... from 35 to 1400 dollar, a 40 fold increase?
Are there people who have lived from 1971 until today? Probably quite a few...
sure there are. old farts like me (now age 76) who in 1971 didn't have a pot to piss in because they just graduated from university after studying eight years serving parallel in the armed forces which paid for my studies. it took a fistful of years till i earned a top salary that made me think of investing.
you have to present a realistic time span based on the fact that this forum is mostly frequented by people of an age 60 and above who as teenagers were highly unlikely to use their pocket money buying gold.
QuoteWhat about stocks between mid 2007 and mid 2009?
the time span i referred to for gold and alternatives is 39 years (1980 till 2019). only the end resultat counts. anything in between is irrelevant.
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3 minutes ago, suzannegoh said:
Simply maintaing value over time is good if you have so much money that you don't need to earn a return or if it's only a small portion of your portfolio that you're putting in gold. I'm in the latter camp, having about 10% of my money in gold at the moment.
~7% of liquid assets in physical gold.
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16 minutes ago, Brunolem said:
The main value of gold is that it... keeps its value throughout the ages, whereas paper money is bound to disintegrate sooner or later.
in July 1980 the price of Gold was ~USD 650.- today it's $ 1,430 = net appreciation $ 780 = average appreciation per annum 1.021%
in July 1980 the 30 year US Treasury long bond yielded 14% p.a. investing $ 650 yielded $ 1,470 interest total $ 2,120.-
after redemption in 2010 these $ 2,120 invested in 10 year US Treasury yielding 4.25% ($810) over 9 years total $ 2,940.- average appreciation per annum 7.3%
Dow 1980 891 / DOW 2019 = 26,536; appreciation per annum 9.1%
there are a zillion more possibilities to prove with facts "gold keeps its value" is a statement ad absurdum. and that applies also to the attribute "throughout the ages" which is irrelevant as investors do not live throughout ages.
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2 hours ago, observer90210 said:
I was refering to the EU Energy label and if interested, below it will be better explained. Obviously, it is not the norm here in Thailand.
https://en.wikipedia.org/wiki/European_Union_energy_label
And for a specialist on the topic as you seem to be, I am convinced that this article in the Economic Times could be of some humble interest.
ridiculous milkmaid comparisons by non-tech savvy Indian journalists are no guide lines for anybody. it goes without saying that a new inverter is more energy efficient than an old conventional unit with fixed rpm compressor.
QuoteUsed 5 hours a day, the approximate bill for an old AC in a year: Rs 27,372 - Inverter AC: Rs 16,670
QuoteDon’t stuff your fridge full, there won’t be enough space for air to circulate inside, reducing the efficiency of the unit. Ice accumulation impacts energy consumption, so defrost regularly.
who owns nowadays fridges that need defrosting?
QuoteAnnual power bill without unplugging appliances: Rs 24,000
After unplugging appliances: Rs 23,550
Potential savings: Rs 450 a yearsaving "potentially" the princely sum of US-Dollars 0.54 monthly.
i rest my case Your Honour
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2 hours ago, sherwood said:The last bill was around 650 baht and I was happy with that. Two bedroom house, one AC.
I do notice a spike when using the oven more.
when are you planning to use that AC for the first time?
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3 hours ago, geoffbezoz said:
Goodness, you must be running several aircons 24/7 then ?
a lot more than "several" but not 24/7
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4 hours ago, observer90210 said:
Inverters in all aircons, fridge..
Use class A++(+) if available for heavy grade appliances
Replace all the fancy hallogene, incadescent bulbs with only led bulbs (if available and possible of course).
Why not try a solar rig ? ? ? (am I missing something here)
you are missing a lot. inverters consume like conventional aircons the same kWh based on cooling demand. that in some cases their use results in moderate savings has different reasons (associated with disadvantages).
lighting takes the smallest share of consumption (average single family home). LEDs emit an ugly light (my personal opinion).
solar is much more expensive than public grid (return on investment is abysmaly low). try running aircons via solar and cry.
who or what are class A++(+) appliances?
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1 hour ago, johng said:2 hours ago, Crossy said:
Naam lives in a real snowglobe
He even air conditions his swinming pool !
please no wild assumptions gentlemen. except for the master bedroom there is no area in our home which is cooled below 26.5ºC and the water of our pool equires heating, not cooling.
correct is that the enclosed pool area can be on demand airconditioned when it is used as an alternate living room (october till march). cooling it during the hot months would most probably add another 10-12k Baht to the bill.
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4 minutes ago, suzannegoh said:
Reread the post that you were replying too. That post says that the dollar was depreciating vs the baht; yours says that the Baht is appreciated vs the dollar. Same same.
i stand corrected, shame on me!
BOT holds off on short-term bonds due to a stronger baht
in Jobs, Economy, Banking, Business, Investments
Posted
the reduced issuance of short term bonds has no impact on Chinese buying of any other Thai assets.