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Deleveraging in Bitcoin (Crypto) Will NOT Save Christmas!

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  • canolacrazy
    Senior Member
    • Dec 2014
    • 133

    #51
    it's real.
    here's some turkey to chew on while we get ready to celebrate the birth of Christ.
    On Jan. 1 1990, the price of canola was about $6.80/bushel. I remember it well.
    On Jan. 1 1990 the price of gold was $400/oz.
    On Dec. 24, 2025 canola is at about $12.50/bu. while an ounce of gold today is at $6114 CDN.
    So using the same ratio for both commodities, the price of canola today should be $103.93/bus.

    Comment

    • shtferbrains
      Senior Member
      • Jun 2017
      • 5187

      #53
      America owes 38 TRILLION in debt. Japan owes 9 TRILLION. The entire world owes 315 TRILLION. Who do you think they owe this money to?
      If someone defaults, do collectors come for the collateral?
      Do some of the lenders go broke if the loose trillions?
      Or is it just a big circle jerk?

      Comment

      • agstar77
        Senior Member
        • Jul 2001
        • 6178

        #54
        Originally posted by shtferbrains View Post
        America owes 38 TRILLION in debt. Japan owes 9 TRILLION. The entire world owes 315 TRILLION. Who do you think they owe this money to?
        If someone defaults, do collectors come for the collateral?
        Do some of the lenders go broke if the loose trillions?
        Or is it just a big circle jerk?
        Trump has added 1.75 Trillion so far . At that rate 8 Trillion in 4 years.

        Comment

        • shtferbrains
          Senior Member
          • Jun 2017
          • 5187

          #55
          So much for Doge.

          Comment

          • foragefarmer
            Senior Member
            • Mar 2014
            • 3484

            #56
            Originally posted by agstar77 View Post

            Trump has added 1.75 Trillion so far . At that rate 8 Trillion in 4 years.
            Ya ,but he's

            "The only politician who has an actual concrete plan for economic prosperity"

            Comment

            • TSIPP
              Senior Member
              • Jun 2013
              • 2666

              #57
              Originally posted by shtferbrains View Post
              America owes 38 TRILLION in debt. Japan owes 9 TRILLION. The entire world owes 315 TRILLION. Who do you think they owe this money to?
              If someone defaults, do collectors come for the collateral?
              Do some of the lenders go broke if the loose trillions?
              Or is it just a big circle jerk?
              It’s a big circle jerking jerk.

              Comment

              • fjlip
                Senior Member
                • Oct 2002
                • 9801

                #58
                Originally posted by shtferbrains View Post
                America owes 38 TRILLION in debt. Japan owes 9 TRILLION. The entire world owes 315 TRILLION. Who do you think they owe this money to?
                If someone defaults, do collectors come for the collateral?
                Do some of the lenders go broke if the loose trillions?
                Or is it just a big circle jerk?
                We owe to each other, mega $$$ is in all countries.....just cancel it out!

                Comment

                • errolanderson
                  Senior Member
                  • Jan 2012
                  • 3124

                  #59
                  Historic day Dec 29, 2025 . . . Silver saw its largest price reversal ever collapsing 12% in just 12 hours. Talk of a major U.S. bank unable to meet margin call.

                  Comment

                  • biglentil
                    Senior Member
                    • Jun 2015
                    • 3261

                    #60
                    The smash quickly reversing, the paper markets have disconnected from the physical. 81.58usd/toz on the Shanghai and $76 on the Crimex. Cash rapidly losing its purchasing power vs real money. Two banks alone short 5.5 yrs of total world mine supply are going to have to cover with metal that isn't available. Good luck take care.
                    Last edited by biglentil; Dec 30, 2025, 09:38.

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