Fighting 'Solar Farm' Installation

[kenmbz]

India has very little real infrastructure to build solar right now.
They have enough trouble keeping up with car/bike demand.

 

[ROUSTABOUT]

You contradict yourself on your post so many times I think you just spit the first thing that comes out of your mouth. So China is using coal and killing us and you think that we should use coal also to kill us faster? Just so we can be economically competitive? Talk about being brainwashed.

By not using the cheapest, most affordable energy available, I don't see how we can effectively compete. I heard last night that Saudi Arabia is moving away from the Petro dollar. It is forecasted to take three years. Be prepared for a down hill ride.

 

[Chewwy]

I always found it interesting that those who are touting gold and silver as excellent investments are the ones selling the gold and silver.

 

[ROUSTABOUT]

I always found it interesting that those who are touting gold and silver as excellent investments are the ones selling the gold and silver.

I don't think I have ever owned a piece of gold. I had a gold colored Timex once, but it probably wasnt real at $ 14.99 surely not. Wait, I did find an old pocket watch once, but I gave it away. Found a silver dollar once. It was minted in New Orleans, gave it away too. So I guess my precious metals run was short lived.

 

[MossRoad]

Wife and I were cleaning out our basement a few months ago, and in a box of my father's stuff I found two 1 ounce pieces of silver in a little bottle with some coins! Woo hooo!

Looked it up that day... about $21 each.

I'll keep them and pass them down to our kids for sentimental reasons.

 

[TN8Man]

China is in economic decline. I imagine in two to three years, India will be the number one producer of solar kit.

As far as a New World Order, it has always been about the United States of America, and its allies.

Everything else is nonsensical.

It has been the USA with our petrodollar but that is changing fast. BRICS is getting traction now and international trade is starting to be done without the dollar. This is China's stated goal, to be the new super power, all while the USA is heading for economic collapse.

 

[jyoutz]

It has been the USA with our petrodollar but that is changing fast. BRICS is getting traction now and international trade is starting to be done without the dollar. This is China's stated goal, to be the new super power, all while the USA is heading for economic collapse.

I’m willing to bet that China has an economic collapse, not the US. People who bet against the US seldom win that bet.

 

[tradosaurus]

I'm getting a local solar company to find out if installing solar panels will be beneficial to me.

 

[Hay Dude]

I've always like Warren Buffett

Buffett’s gold cube analogy​

To get his point across about gold in that shareholder letter, Buffett imagined owning all of the world’s gold — at the time 170,000 metric tons — melded into a cube about 68 feet per side. “Picture it fitting comfortably into a baseball infield,” he wrote.

In 2011 prices (not far off today’s value) the brick would be worth $9.6 trillion. With that money, Buffett noted, you could have also owned all 400 million acres of U.S. cropland, the entirety of Exxon Mobil (at the time the world’s most profitable company, and a stock that pays a generous dividend) 16 times and still have $1 trillion left over.

If you’re wondering what you’d rather own for the long term, think of what you’d have decades down the line, Buffett suggested.

“A century from now, the 400 million acres of farmland will have produced staggering amounts of corn, wheat, cotton, and other crops — and will continue to produce that valuable bounty whatever the currency may be,” he wrote. “Exxon Mobil will probably have delivered trillions of dollars in dividends to its owners and will also hold assets worth many more trillions (and remember you get 16 Exxons).”

Your gold cube, meanwhile, will simply continue to be a gold cube. The price of gold could be higher or lower a century from now. In the meantime, Buffett quipped, “you can fondle the cube, but it will not respond.

Central banks and China are buying tons of gold right now.
If it was such a bad investment as you say it is, why would they do that?

 

[Hay Dude]

I've always like Warren Buffett

Buffett’s gold cube analogy​

To get his point across about gold in that shareholder letter, Buffett imagined owning all of the world’s gold — at the time 170,000 metric tons — melded into a cube about 68 feet per side. “Picture it fitting comfortably into a baseball infield,” he wrote.

In 2011 prices (not far off today’s value) the brick would be worth $9.6 trillion. With that money, Buffett noted, you could have also owned all 400 million acres of U.S. cropland, the entirety of Exxon Mobil (at the time the world’s most profitable company, and a stock that pays a generous dividend) 16 times and still have $1 trillion left over.

If you’re wondering what you’d rather own for the long term, think of what you’d have decades down the line, Buffett suggested.

“A century from now, the 400 million acres of farmland will have produced staggering amounts of corn, wheat, cotton, and other crops — and will continue to produce that valuable bounty whatever the currency may be,” he wrote. “Exxon Mobil will probably have delivered trillions of dollars in dividends to its owners and will also hold assets worth many more trillions (and remember you get 16 Exxons).”

Your gold cube, meanwhile, will simply continue to be a gold cube. The price of gold could be higher or lower a century from now. In the meantime, Buffett quipped, “you can fondle the cube, but it will not respond.

I’m willing to bet the price of the gold cube will be higher. Past historical trends seem to validate that.


Since President Nixon closed the gold window in August of 1971, the price of gold has increased more than 37-fold. From a price of $40.65 at month-end August 1971, gold has risen to $1,528 today. A $1,000 investment in gold at the end of August 1971 would be worth over $37,000 today—a compounded annual return of 7.8%.

How Does Gold’s Return Compare to Stocks and Bonds?

Gold’s 7.8% return since August of 1971 compares favorably to the 7.4% return that intermediate-term U.S. Treasury securities delivered over the same time. More surprising to some is that gold has even appreciated more than stocks over this period. From August of 1971 through today, the S&P 500 index has increased at a 7.3% average annual rate. These numbers for the S&P exclude dividends and the reinvestment of dividends, but gold’s returns relative to stocks remain impressive for an asset that many consider to be the ultimate safe-haven. (emphasis mine)

 

[buckeyefarmer]

I'm getting a local solar company to find out if installing solar panels will be beneficial to me.

I expect it will be very beneficial for them. Like the clowns that rent your roof for Pennies while they rake in the tax incentives and carbon credits.

But to the ops question. I’d rather live next to solar farm than most other things.

 

[Hay Dude]

A few years back (2008, maybe, but can't recall for sure), we had a local brass company that had a lot of inventory. They also had loans against the value of their assets. The brass market tanked. I mean TANKED! and the value of their brass became less than the value of their loans, and a lot of people lost their jobs. It was pretty shocking to the community at the time. It's since rebounded, but man, that was sad to see that company get in that situation so fast.

When a market “TANKED” like you say, that’s when you go out and buy more.
You know….”buy low, sell high”?

 

[Joel/ak]

Fighting a bike trail that wanted to go through our property was 4 years of PIA crap, can't imagine a power company.

 

[ning]

I’m willing to bet the price of the gold cube will be higher. Past historical trends seem to validate that.


Since President Nixon closed the gold window in August of 1971, the price of gold has increased more than 37-fold. From a price of $40.65 at month-end August 1971, gold has risen to $1,528 today. A $1,000 investment in gold at the end of August 1971 would be worth over $37,000 today—a compounded annual return of 7.8%.

How Does Gold’s Return Compare to Stocks and Bonds?

Gold’s 7.8% return since August of 1971 compares favorably to the 7.4% return that intermediate-term U.S. Treasury securities delivered over the same time. More surprising to some is that gold has even appreciated more than stocks over this period. From August of 1971 through today, the S&P 500 index has increased at a 7.3% average annual rate. These numbers for the S&P exclude dividends and the reinvestment of dividends, but gold’s returns relative to stocks remain impressive for an asset that many consider to be the ultimate safe-haven. (emphasis mine)


View attachment 794698

At first glance, this link (Stocks vs. Gold - 126 Year Chart | Longtermtrends) seems to paint a bit of a different picture.

 

[ROUSTABOUT]

A few years back (2008, maybe, but can't recall for sure), we had a local brass company that had a lot of inventory. They also had loans against the value of their assets. The brass market tanked. I mean TANKED! and the value of their brass became less than the value of their loans, and a lot of people lost their jobs. It was pretty shocking to the community at the time. It's since rebounded, but man, that was sad to see that company get in that situation so fast.

Maybe because the lightning in the sky gave all the DOD brass to china at that time. So they weren't in the buying market for a while. So that would collapse the price.

 

[TN8Man]

I’m willing to bet that China has an economic collapse, not the US. People who bet against the US seldom win that bet.

That would be good but we would need to turn this train around for that to happen and unfortunately so far that's not happening.

 

[Hay Dude]

Some are claiming land is being seized for wind and solar.

The only time I've seen land seized is for oil and natural gas pipelines through eminent domain.

I can't find any instances of land behind seized for solar or wind farms. Not saying it didn't happen, just that I can't find any instances of it so far.

As for windmills killing birds, far more die in settling ponds in coal mines and oil fields.

JPMorgan CEO suggests government seize private property to quicken climate initiatives

JPMorgan Chase CEO Jamie Dimon floated the idea of the U.S. government and corporations seizing private property to expedite achieving their climate agenda.

www.foxnews.com

 

[MossRoad]

JPMorgan CEO suggests government seize private property to quicken climate initiatives

JPMorgan Chase CEO Jamie Dimon floated the idea of the U.S. government and corporations seizing private property to expedite achieving their climate agenda.

www.foxnews.com

Yeah, I saw that yesterday. Let's see how that goes. Yikes.

 

[Hay Dude]

You contradict yourself on your post so many times I think you just spit the first thing that comes out of your mouth. So China is using coal and killing us and you think that we should use coal also to kill us faster? Just so we can be economically competitive? Talk about being brainwashed.

I said NATURAL GAS and CLEAN COAL.
Pay attention and stop putting words in my mouth I didn’t use.

 

[jyoutz]

I said NATURAL GAS and CLEAN COAL.
Pay attention and stop putting words in my mouth I didn’t use.

There is no such thing as clean coal. That was an industry balloon that was a bust.