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Thread: BREAKING: Missiles fired from Iran to SA oil fields

  1. #121
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    Quote Originally Posted by Oberon View Post
    I use inflation calculators based on real prices for real goods, not the government's scam, which includes ludicrous claims involving personal computer prices and other dumbass rubbish; they have vested interest in grossly under-reporting inflation. I prefer the gold standard for my own personal calculations, though with a baseline discount to cut out temporary speculative bubbles distorting prices. I also use Shadowstats. com's inflation data and Seeking Alpha's, which use a range of calculators using a several methodologies. none are perfect, but all are far better than the government's and Wall Street's ridiculous fake numbers. Between all these I can arrive at some rough numbers close to reality so I can get an idea of where my hedges stand in relation to holding their values. I use 1972 dollars because that year precedes the beginnings of the oil crisis years and the global food shortage of the 1970's, while still accounting for the compartively minor infaltion caused by the Cold War, in part because of the Viet Nam War years, and that's when I first started buying gold and other stuff and needed to keep accurate accounts of their rises and falls. My two sons and daughter use the early 1990's for their base accounting years. My current rough rule of thumb is divide current prices by 25 to 30, and tweak from there; not all of it is aresult of huge money supplies but also some decades of improved transportation and mass production efficiencies. Fuel costs and other costs are dirt cheap realtive to 1972, but wages are even cheaper, around 30% of 1972 wages, hence the false appearance of 'high prices'.
    Its 2019. Prices are high NOW.
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  2. #122
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    Quote Originally Posted by Dan40 View Post
    Its 2019. Prices are high NOW.
    I just filled my tank. The price of regular at the Chevron station in Vacaville, CA is now more than $4 per gallon.
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  3. #123
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    californias refineries use what API of oil?
    sic semper tyrannis

  4. #124
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    Remember Iraq fought a war with Iran for 8 years, ending in a stalemate.

    We beat Iraq over a weekend.
    #BlackLIESMatter---Martin Luther King Jr. was a REPUBLICAN!


    The Democratic Party. The party of the STUPIDS, for the STUPIDS, by the STUPIDS.

    جعل أمريكا كبيره مره أخرى
    I VOTED FOR THE PRESIDENT!

    Political Correctness is HATE SPEECH!

    THE GREATEST DANGER TO THE USA IS THE DEMOCRATIC PARTY!

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    Knightkore (09-27-2019)

  6. #125
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    but Dan. there are presently five factions of the supreme leadership. all jockying for more power.
    how do you kill all five top cabinets at the same time? for to kill just one is to empower the other four.
    sic semper tyrannis

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  8. #126
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    Quote Originally Posted by jirqoadai View Post
    but Dan. there are presently five factions of the supreme leadership. all jockying for more power.
    how do you kill all five top cabinets at the same time? for to kill just one is to empower the other four.
    Another one of these ought to do it.

    #BlackLIESMatter---Martin Luther King Jr. was a REPUBLICAN!


    The Democratic Party. The party of the STUPIDS, for the STUPIDS, by the STUPIDS.

    جعل أمريكا كبيره مره أخرى
    I VOTED FOR THE PRESIDENT!

    Political Correctness is HATE SPEECH!

    THE GREATEST DANGER TO THE USA IS THE DEMOCRATIC PARTY!

  9. #127
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    U.S. Deploys Patriot Air Defense Systems, Troops to Saudi Arabia

    I was certain that we had already sold them some of these and it turned out to be right. They have them all centered in the southern part of the country to deal with missiles from Yemen.
    WASHINGTON (AP) The U.S. is sending one Patriot missile battery and four ground-based radar systems to Saudi Arabia, the Pentagon said Thursday, in what officials describe as the first steps to help the kingdom protect itself against Iranian attacks.
    Two more Patriot batteries and a THAAD missile defense system will be prepared to go later if needed, and the deployment will involve about 200 troops.
    Im just wondering if were going to get them to pay us for using the troops.
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  10. #128
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    Quote Originally Posted by Dan40 View Post
    Its 2019. Prices are high NOW.
    Nah, it's incomes that have fallen faster than the price of goods have inflated, is all.Most goods are cheaper in adjusted dollars than they were in 1972.

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