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Crazy_Horse
I’m Rick James, bitch!


Registered: 08/15/16
Posts: 13,283
Loc: Hampsterdam
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Re: Warren Buffet dumps bank stocks and buys gold stocks with both hands [Re: koods]
#26892449 - 08/21/20 08:30 PM (3 years, 5 months ago) |
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Not yet.
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Niffla



Registered: 06/09/08
Posts: 46,483
Loc: Texas
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Re: Warren Buffet dumps bank stocks and buys gold stocks with both hands [Re: Patlal] 1
#26892490 - 08/21/20 08:56 PM (3 years, 5 months ago) |
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Quote:
Patlal said: I own a goldmine and I'm worth 900 million dollars.
I airbnb'd at Patlal Gardens and that shit was falling apart, looked like a damn dilapidated crack den
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HAIL OUR NEW OTD KING
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psi
TOAST N' JAM


Registered: 09/05/99
Posts: 31,456
Loc: 613
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Re: Warren Buffet dumps bank stocks and buys gold stocks with both hands [Re: Asante] 1
#26895357 - 08/23/20 12:38 PM (3 years, 5 months ago) |
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Doesn't look to me like a particularly good time to buy physical gold. Pretty close to all time highs even adjusting for inflation. Good time to already own it.
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CHeifM4sterDiezL
Chief Globerts


Registered: 07/28/10
Posts: 22,535
Loc: United States
Last seen: 26 minutes, 51 seconds
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Re: Warren Buffet dumps bank stocks and buys gold stocks with both hands [Re: koods]
#26895371 - 08/23/20 12:54 PM (3 years, 5 months ago) |
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Quote:
koods said: Yeah gold doesn’t form an oxide layer under normal conditions, plus it’s a bit soft so you get very good contacts.
By weight, aluminum is by far the best conductor, and even by volume it’s very good for most applications. The problem is it forms a non conductive layer almost instantly on contact with air, so making connections can be problematic and it is a very reactive metal and it is possible to load wires enough that they can burn if they get too hot. I believe aluminum wiring is banned for most residential and commercial wiring, but it is used extensively in high tech situations where weight is important.
Pretty sure silver is the best conductor. Also buffet has made alot of what seems to me to be senile moves as of late. I dont think he's left his house since start of the pandemic. Also he plays with an enormous stack of chips totally different game.
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koods
Ribbit



Registered: 05/26/11
Posts: 106,049
Loc: Maryland/DC Burbs
Last seen: 5 minutes, 56 seconds
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Re: Warren Buffet dumps bank stocks and buys gold stocks with both hands [Re: CHeifM4sterDiezL]
#26895391 - 08/23/20 01:11 PM (3 years, 5 months ago) |
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Aluminum is the best conductor by mass. Silver is the best conductor by volume. To get equivalent electrical resistance. a copper wire would weigh nearly twice as much as an aluminum wire.
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NotSheekle said “if I believed she was 16 I would become unattracted to her”
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Crazy_Horse
I’m Rick James, bitch!


Registered: 08/15/16
Posts: 13,283
Loc: Hampsterdam
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Re: Warren Buffet dumps bank stocks and buys gold stocks with both hands [Re: koods]
#26895497 - 08/23/20 02:10 PM (3 years, 5 months ago) |
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I lived in a house with aluminum woring.
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CHeifM4sterDiezL
Chief Globerts


Registered: 07/28/10
Posts: 22,535
Loc: United States
Last seen: 26 minutes, 51 seconds
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Re: Warren Buffet dumps bank stocks and buys gold stocks with both hands [Re: Crazy_Horse]
#26895512 - 08/23/20 02:19 PM (3 years, 5 months ago) |
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Thats copper clad aluminum bro
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Shiithead
Your Huckleberry



Registered: 04/05/13
Posts: 9,997
Loc: God's Flat Green Earth
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Re: Warren Buffet dumps bank stocks and buys gold stocks with both hands [Re: CHeifM4sterDiezL]
#26895515 - 08/23/20 02:20 PM (3 years, 5 months ago) |
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Silver is most thermal-conductive.
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Ephesians 6:12 For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places. Psalm 12:6 The words of the Lord are pure words: as silver tried in a furnace of earth, purified seven times. Hebrews 11:3 Through faith we understand that the worlds were framed by the word of God, so that things which are seen were not made of things which do appear. Revelation 3:11 Behold, I come quickly: hold that fast which thou hast, that no man take thy crown.
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CHeifM4sterDiezL
Chief Globerts


Registered: 07/28/10
Posts: 22,535
Loc: United States
Last seen: 26 minutes, 51 seconds
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Re: Warren Buffet dumps bank stocks and buys gold stocks with both hands [Re: Shiithead]
#26895557 - 08/23/20 02:48 PM (3 years, 5 months ago) |
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Why silver is better has to do with impedance or something dumb
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downwardsfromzero
Stranger than that

Registered: 08/11/20
Posts: 33
Last seen: 3 years, 3 months
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Re: Warren Buffet dumps bank stocks and buys gold stocks with both hands [Re: CHeifM4sterDiezL]
#26895612 - 08/23/20 03:31 PM (3 years, 5 months ago) |
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Silver is also the most reflective metal, before it gets tarnished. It is literally the shiniest. This is also because of its electronic properties. Don't ask me how though.
-------------------- Writhing and groaning
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Shiithead
Your Huckleberry



Registered: 04/05/13
Posts: 9,997
Loc: God's Flat Green Earth
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Re: Warren Buffet dumps bank stocks and buys gold stocks with both hands [Re: CHeifM4sterDiezL]
#26895815 - 08/23/20 06:32 PM (3 years, 5 months ago) |
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Quote:
CHeifM4sterDiezL said: Why silver is better has to do with impedance or something dumb
Any currency is associated with independence. Silver and gold has intrinsic value. However, silver is better for small trades.
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Ephesians 6:12 For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places. Psalm 12:6 The words of the Lord are pure words: as silver tried in a furnace of earth, purified seven times. Hebrews 11:3 Through faith we understand that the worlds were framed by the word of God, so that things which are seen were not made of things which do appear. Revelation 3:11 Behold, I come quickly: hold that fast which thou hast, that no man take thy crown.
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Shiithead
Your Huckleberry



Registered: 04/05/13
Posts: 9,997
Loc: God's Flat Green Earth
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Re: Warren Buffet dumps bank stocks and buys gold stocks with both hands [Re: Shiithead]
#26895825 - 08/23/20 06:37 PM (3 years, 5 months ago) |
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You may tie freedom with silver because of this though...
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Ephesians 6:12 For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places. Psalm 12:6 The words of the Lord are pure words: as silver tried in a furnace of earth, purified seven times. Hebrews 11:3 Through faith we understand that the worlds were framed by the word of God, so that things which are seen were not made of things which do appear. Revelation 3:11 Behold, I come quickly: hold that fast which thou hast, that no man take thy crown.
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