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Default Gold rose $100/oz in May, fuel strains to maintain par value

KLC Lewis wrote:
"Bruce in Bangkok" wrote in message
...
On Sun, 31 May 2009 19:54:24 -0700, "Capt. JG"
wrote:

"Larry" wrote in message
...
http://www.kitco.com/charts/popup/au0060lnb_.html

This week, we'll probably pass the $1000/oz magic mark......again.

Printing fake money has come home to roost and we're all going to get
screwed for what the bankers have done to save their own asses....

Watch this chart very carefully:
http://www.kitco.com/images/live/gold.gif

Scary stuff.....for a bankrupt country.


One can easily argue that gold is more fake than currency. Currency is a
reflection of relative value and highly liquid, has relatively predictable
purchasing power even in times of moderate inflation or deflation, and is
ubiquitous and well-understood; whereas, gold is just a shiny metal that
hardly anyone uses to acquire anything any more. You can make stuff out of
gold, but you can also make stuff out of wood, which for survivalists
would
be a whole lot more practical.


On the other hand we have the old folks adage "don't take any wooden
nickels".


Cheers,

Bruce in Bangkok
(bruceinbangkokatgmaildotcom)


And "Not worth a Continental." Fiat currency always becomes worthless over
time, unless it is revalued, which is the issuing bank's version of a
reverse split. "You used to have $1,000.000 which was able to be traded for
one loaf of bread. We have exchanged that $1,000.000 for 50 cents, which
will still buy the same loaf of bread. Have a nice day." Examples throughout
history are too numerous to mention, but include Germany, Yugoslavia, and
even the United States of America.




I used to have a collection of one hundred dollar bills.
You know the type... Picture of Ben Franklin on the front...
Guaranteed to make friends anywhere on the planet!

I was trying to collect the whole set (save the $100 bills).
I had a collection almost an inch thick!
They were sorta fun to play with.

Then I bought a boat.

Now I have a boat.
And I don't have to worry about what $100 bills are worth any more.

A boat is supposed to be a depreciating asset.
But I'm not so sure at the moment.
If the value of money craters, the boat will be worth a lot more
that the stack of $100 bills it took to buy it.

If the price of new boats causes new boat sales to sink, the
companies that make boats could fail.
That also would drive up the value of used (experienced?) boats.

All in all, I'm enjoying the boat a lot more than the little stack of
$100 bills.


Richard
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Default Gold rose $100/oz in May, fuel strains to maintain par value

On Mon, 01 Jun 2009 00:16:06 -0500, cavelamb
wrote:

KLC Lewis wrote:
"Bruce in Bangkok" wrote in message
...
On Sun, 31 May 2009 19:54:24 -0700, "Capt. JG"
wrote:

"Larry" wrote in message
...
http://www.kitco.com/charts/popup/au0060lnb_.html

This week, we'll probably pass the $1000/oz magic mark......again.

Printing fake money has come home to roost and we're all going to get
screwed for what the bankers have done to save their own asses....

Watch this chart very carefully:
http://www.kitco.com/images/live/gold.gif

Scary stuff.....for a bankrupt country.


One can easily argue that gold is more fake than currency. Currency is a
reflection of relative value and highly liquid, has relatively predictable
purchasing power even in times of moderate inflation or deflation, and is
ubiquitous and well-understood; whereas, gold is just a shiny metal that
hardly anyone uses to acquire anything any more. You can make stuff out of
gold, but you can also make stuff out of wood, which for survivalists
would
be a whole lot more practical.

On the other hand we have the old folks adage "don't take any wooden
nickels".


Cheers,

Bruce in Bangkok
(bruceinbangkokatgmaildotcom)


And "Not worth a Continental." Fiat currency always becomes worthless over
time, unless it is revalued, which is the issuing bank's version of a
reverse split. "You used to have $1,000.000 which was able to be traded for
one loaf of bread. We have exchanged that $1,000.000 for 50 cents, which
will still buy the same loaf of bread. Have a nice day." Examples throughout
history are too numerous to mention, but include Germany, Yugoslavia, and
even the United States of America.




I used to have a collection of one hundred dollar bills.
You know the type... Picture of Ben Franklin on the front...
Guaranteed to make friends anywhere on the planet!

I was trying to collect the whole set (save the $100 bills).
I had a collection almost an inch thick!
They were sorta fun to play with.

Then I bought a boat.

Now I have a boat.
And I don't have to worry about what $100 bills are worth any more.

A boat is supposed to be a depreciating asset.
But I'm not so sure at the moment.
If the value of money craters, the boat will be worth a lot more
that the stack of $100 bills it took to buy it.

If the price of new boats causes new boat sales to sink, the
companies that make boats could fail.
That also would drive up the value of used (experienced?) boats.

All in all, I'm enjoying the boat a lot more than the little stack of
$100 bills.


Richard



I've got my sail boat for sale and have asked the broker, who is one
of the larger ones in Asia, how boats are selling. He tells me that
over all sales haven't fallen much although some sellers have dropped
prices. So, for the moment , probably, boats are worth about what they
were a year or so ago. and, boating costs here, yard costs, marina
costs, etc., haven't dropped any.

With all the complaining - vehicle sales off 47%, exports dropping,
etc., you'd think somebody would be lowering prices but they don't
seem to be coming down at all, in fact, living costs, food, etc., have
gone up. Even dunkin donuts just raised their prices :-(

Was it you that was asking about the small diesel a while ago? How did
that work out?


Cheers,

Bruce in Bangkok
(bruceinbangkokatgmaildotcom)
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Default Gold rose $100/oz in May, fuel strains to maintain par value

Bruce in Bangkok wrote:
On Mon, 01 Jun 2009 00:16:06 -0500, cavelamb
wrote:

KLC Lewis wrote:
"Bruce in Bangkok" wrote in message
...
On Sun, 31 May 2009 19:54:24 -0700, "Capt. JG"
wrote:

"Larry" wrote in message
...
http://www.kitco.com/charts/popup/au0060lnb_.html

This week, we'll probably pass the $1000/oz magic mark......again.

Printing fake money has come home to roost and we're all going to get
screwed for what the bankers have done to save their own asses....

Watch this chart very carefully:
http://www.kitco.com/images/live/gold.gif

Scary stuff.....for a bankrupt country.

One can easily argue that gold is more fake than currency. Currency is a
reflection of relative value and highly liquid, has relatively predictable
purchasing power even in times of moderate inflation or deflation, and is
ubiquitous and well-understood; whereas, gold is just a shiny metal that
hardly anyone uses to acquire anything any more. You can make stuff out of
gold, but you can also make stuff out of wood, which for survivalists
would
be a whole lot more practical.
On the other hand we have the old folks adage "don't take any wooden
nickels".


Cheers,

Bruce in Bangkok
(bruceinbangkokatgmaildotcom)
And "Not worth a Continental." Fiat currency always becomes worthless over
time, unless it is revalued, which is the issuing bank's version of a
reverse split. "You used to have $1,000.000 which was able to be traded for
one loaf of bread. We have exchanged that $1,000.000 for 50 cents, which
will still buy the same loaf of bread. Have a nice day." Examples throughout
history are too numerous to mention, but include Germany, Yugoslavia, and
even the United States of America.



I used to have a collection of one hundred dollar bills.
You know the type... Picture of Ben Franklin on the front...
Guaranteed to make friends anywhere on the planet!

I was trying to collect the whole set (save the $100 bills).
I had a collection almost an inch thick!
They were sorta fun to play with.

Then I bought a boat.

Now I have a boat.
And I don't have to worry about what $100 bills are worth any more.

A boat is supposed to be a depreciating asset.
But I'm not so sure at the moment.
If the value of money craters, the boat will be worth a lot more
that the stack of $100 bills it took to buy it.

If the price of new boats causes new boat sales to sink, the
companies that make boats could fail.
That also would drive up the value of used (experienced?) boats.

All in all, I'm enjoying the boat a lot more than the little stack of
$100 bills.


Richard



I've got my sail boat for sale and have asked the broker, who is one
of the larger ones in Asia, how boats are selling. He tells me that
over all sales haven't fallen much although some sellers have dropped
prices. So, for the moment , probably, boats are worth about what they
were a year or so ago. and, boating costs here, yard costs, marina
costs, etc., haven't dropped any.

With all the complaining - vehicle sales off 47%, exports dropping,
etc., you'd think somebody would be lowering prices but they don't
seem to be coming down at all, in fact, living costs, food, etc., have
gone up. Even dunkin donuts just raised their prices :-(

Was it you that was asking about the small diesel a while ago? How did
that work out?


Cheers,

Bruce in Bangkok
(bruceinbangkokatgmaildotcom)


For what it's worth, I'd rather live in my boat than in my car...

Yes, I was curious about installing a diesel.

It may make an interesting winter project some time, but I'm not in a big hurry.
Once I get the boat down to the coast it will be more do-able. Up here it's all
long distance.

I've always had outboards (part of being too poor for really expensive toys) and
I'm comfortable with that - as long as I can make the boat do what I want it to do.

But to me that means being able to vector the thrust of the motor for
directional control below steerage speeds.

So while the most common advice was "keep 1 to 2 knots for steering" (which is
not always possible - like when backing out of the slip?), my personal solution
is to steer the motor.

I've not attacked that in detail yet (need to find or make a tiller for it), but
it turns out it's only a single bolt that locks the motor in place.

Pulling that bolt frees the motor, bit THEN you need a way to lock it down
again! (It just goes to show Rozann Rozadanna, if it's not one thing, it's
always something else).


http://www.home.earthlink.net/~capri26/index.htm



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Default Gold rose $100/oz in May, fuel strains to maintain par value

On Mon, 01 Jun 2009 03:19:32 -0500, cavelamb
wrote:


For what it's worth, I'd rather live in my boat than in my car...


Unless you've got a BIG car :-)

Yes, I was curious about installing a diesel.

It may make an interesting winter project some time, but I'm not in a big hurry.
Once I get the boat down to the coast it will be more do-able. Up here it's all
long distance.


I've always had outboards (part of being too poor for really expensive toys) and
I'm comfortable with that - as long as I can make the boat do what I want it to do.

But to me that means being able to vector the thrust of the motor for
directional control below steerage speeds.

So while the most common advice was "keep 1 to 2 knots for steering" (which is
not always possible - like when backing out of the slip?), my personal solution
is to steer the motor.


A mate has a cat with a inboard engine with steerable leg (not sure
what it is called) but you can apply thrust at 90 degrees to the hull
while it is stationary. He really likes it for going in and out of
marinas.

If you do much cruising I suspect that you will wish you had an
inboard though. Or a bigger fuel tank. An outboard surely burns a lot
of fuel..

I hear people talking about being "sailors" and sailing, but most
times you do have a schedule. Your wife is going to have a baby, the
Boss expects you back, you want to see your sweety, something! So you
make your plans and you are right on schedule and the last morning you
wake up and..... No Wind.. and it's fifty miles to get home.

I've not attacked that in detail yet (need to find or make a tiller for it), but
it turns out it's only a single bolt that locks the motor in place.

Pulling that bolt frees the motor, bit THEN you need a way to lock it down
again! (It just goes to show Rozann Rozadanna, if it's not one thing, it's
always something else).


The real conniptions I have watched are the guys with the outboard
that they can't reach easily trying to get in or out of a marina when
the current is running strong, trying to juggle throttle, rudder,
engine tiller, shift.........

I've never tried it but I'd guess that with a few bits and pieces one
could put a long tiller, with a shift and throttle, on an outboard
that would reach the cockpit.

If everything could be where you can lay your hand on it when you need
to it would be much handier.


Cheers,

Bruce in Bangkok
(bruceinbangkokatgmaildotcom)
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Default Gold rose $100/oz in May, fuel strains to maintain par value

On Mon, 01 Jun 2009 19:13:35 +0700, Bruce in Bangkok
wrote:

If you do much cruising I suspect that you will wish you had an
inboard though. Or a bigger fuel tank. An outboard surely burns a lot
of fuel..


Four cycle spark ignition specific consumption is the same inboard,
sterndrive, outboard, long tail motor, sail drive, and airboat. Half a
pound pre hour per horsepower. As much as double for fuel cooled
racing mills. Getting the oxygen into the motor is the problem, not
fuel. A lean mixture uses all the fuel. A rich mixture uses all the
oxygen and gives maximum power and a wasteful fuel rich exhaust.
Flames at the end of the exhaust system. With fewer than one set of
jets per cylinder, carburators are inefficient, the reason why they
have disappeared from autos. Two four barrels or four two barrels for
a eight, a common arrangement for muscle cars. As it is wilth EFI, you
get enough fuel in the exhaust to require a catalytic [spell checkers
are grand] converter.


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Default Gold rose $100/oz in May, fuel strains to maintain par value

Richard Casady wrote in
:

On Mon, 01 Jun 2009 19:13:35 +0700, Bruce in Bangkok
wrote:

If you do much cruising I suspect that you will wish you had an
inboard though. Or a bigger fuel tank. An outboard surely burns a lot
of fuel..


Four cycle spark ignition specific consumption is the same inboard,
sterndrive, outboard, long tail motor, sail drive, and airboat. Half a
pound pre hour per horsepower. As much as double for fuel cooled
racing mills. Getting the oxygen into the motor is the problem, not
fuel. A lean mixture uses all the fuel. A rich mixture uses all the
oxygen and gives maximum power and a wasteful fuel rich exhaust.
Flames at the end of the exhaust system. With fewer than one set of
jets per cylinder, carburators are inefficient, the reason why they
have disappeared from autos. Two four barrels or four two barrels for
a eight, a common arrangement for muscle cars. As it is wilth EFI, you
get enough fuel in the exhaust to require a catalytic [spell checkers
are grand] converter.


My 250cc Honda Reflex scooter, water cooled, 4 cycle, 1 cyl, float carb,
electronic ignition with electronic enrichment instead of
choke/accelerator pump, variable V-belt drive (no transmission just one
reduction gear in wheel) gets nearly 75 mpg if I stop driving it like I
stole it. Its top speed is near 80 mph on level ground. Sustaining 75
mph on the interstate doesn't seem to bother it. Starting, even in
winter at 25F, is instantaneous. Power is smooth, except for a little
lag as the centrifugal weights, built inside the engine-mounted pulley,
fly out around 40 MPH into medium ratio. Low ratio weights fly out at
about 55 MPH. Engine speed is lower at 70 than it is at 60 because of
the crazy variable V-belt drive. There is no "shifting". The
centrifugal clutch is inside the engine and engages the V-belt pulley at
2200 RPM so you can idle disconnected (1400 rpm). 60 mph is about 7000
RPM. My old '60-something Honda 90cc bike ran 12,000 RPM for years.

It's an amazing technology and dirt simple. A counter rotating weighted
shaft in the engine makes it have zero vibration...very smooth/quiet.

"How fast will it go?", is always their first question. I tell them,
then follow up with, "It would go faster, but it's only running on one
cylinder.", trying not to laugh.


--
-----
Larry

"You meet the nicest people on a Honda." - Honda ads, 1960s

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Default Gold rose $100/oz in May, fuel strains to maintain par value

rOn Mon, 01 Jun 2009 09:11:44 -0500, Richard Casady
wrote:

On Mon, 01 Jun 2009 19:13:35 +0700, Bruce in Bangkok
wrote:

If you do much cruising I suspect that you will wish you had an
inboard though. Or a bigger fuel tank. An outboard surely burns a lot
of fuel..


Four cycle spark ignition specific consumption is the same inboard,
sterndrive, outboard, long tail motor, sail drive, and airboat. Half a
pound pre hour per horsepower. As much as double for fuel cooled
racing mills. Getting the oxygen into the motor is the problem, not
fuel. A lean mixture uses all the fuel. A rich mixture uses all the
oxygen and gives maximum power and a wasteful fuel rich exhaust.
Flames at the end of the exhaust system. With fewer than one set of
jets per cylinder, carburators are inefficient, the reason why they
have disappeared from autos. Two four barrels or four two barrels for
a eight, a common arrangement for muscle cars. As it is wilth EFI, you
get enough fuel in the exhaust to require a catalytic [spell checkers
are grand] converter.


Try running the usual small outboard in a barrel of clean water and
see whether there isn't a bit of "slick" that forms on the surface of
the water. Remember the big hurrah about not allowing 2 stroke
outboards in lakes any more? Apparently 2 stroke outboards pass a bit
of their fuel straight out the exhaust.

Perhaps I should have specified 2-stroke outboard so I'll change
that to "the two-stroke out board motors that I usually see on small
sailboats as auxiliary power".


Cheers,

Bruce in Bangkok
(bruceinbangkokatgmaildotcom)
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Default Gold rose $100/oz in May, fuel strains to maintain par value

On Tue, 02 Jun 2009 07:13:40 +0700, Bruce in Bangkok
wrote:

Perhaps I should have specified 2-stroke outboard so I'll change
that to "the two-stroke out board motors that I usually see on small
sailboats as auxiliary power".


The Iowa schooner had a half horse Evinrude.

Casady
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Default Gold rose $100/oz in May, fuel strains to maintain par value

Bruce in Bangkok wrote in
:

Bruce in Bangkok
(bruceinbangkokatgmaildotcom)



Bruce, how much are Yanmar diesel outboards, 27 and 36hp, in Thailand?

They had the prices jacked up so high in the USA they couldn't sell them.



--
-----
Larry

If a man goes way out into the woods all alone and says something,
is it still wrong, even though no woman hears him?
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Default Gold rose $100/oz in May, fuel strains to maintain par value

On Mon, 01 Jun 09, Bruce in Bangkok wrote:
If everything could be where you can lay your hand on it when you need
to it would be much handier.


And a 30" - 35" shaft would be nice.

Rick


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