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Started By
Message
Bukele tells El Salvador they have hit the the Mother Lode! His excitement proves it!!
Posted on 12/6/24 at 7:27 pm
Posted on 12/6/24 at 7:27 pm
10
Posted on 12/6/24 at 7:29 pm to Timeoday
Anybody else read this as “Bukkake” at first?
Posted on 12/6/24 at 7:34 pm to Timeoday
I would be very pleased if El Salvador FINALLY had some good fortune.
Posted on 12/6/24 at 7:37 pm to Timeoday
This makes me happy for them. That guy is cleaning up the country and I hope they are rewarded for choosing him as their leader.
Posted on 12/6/24 at 7:39 pm to Timeoday
That’s the sound of China being marginalized.
Posted on 12/6/24 at 7:40 pm to Lsupimp
I doubt there exists 3 trillion in recoverable gold in El Salvador alone
The total worth of all gold on the planet is estimated to be ~14 trillion
The total worth of all gold on the planet is estimated to be ~14 trillion
Posted on 12/6/24 at 8:18 pm to Penrod
Posted on 12/6/24 at 8:20 pm to Timeoday
When does the regime change start?
Posted on 12/6/24 at 8:23 pm to Powerman
Posted on 12/6/24 at 8:23 pm to Powerman
quote:
The total worth of all gold on the planet is estimated to be ~14 trillion
By who? Those that trade in Gold and need to keep its value high?
Did you believe Peak Oil was what 10-20 years ago?
It's amazing how we keep finding more oil, natural gas, gold, etc.
Almost like the Earth may STILL be naturally producing them?
Posted on 12/6/24 at 8:23 pm to Powerman
I dint know WTF other countries or even USA can and will find with the freakin every evolving tech shite that’s snowballing. But economics will be there to check.
Posted on 12/6/24 at 8:33 pm to Timeoday
I was told gold was worthless on the OT.
Posted on 12/6/24 at 8:39 pm to AUTiger1978
Awesome, looks like an attractive place for our illegals to go and try to setup a new life. I am happy for them.
Posted on 12/6/24 at 8:40 pm to Powerman
quote:
I doubt there exists 3 trillion in recoverable gold in El Salvador alone
You sound angry about that. Why so angry? Its not like it will be proven, one way or another, in your lifetime. Plus, the price will fluctuate greatly as this goldis recovered over time. So it could be 3 trillion at some point, even if it isnt currently
Posted on 12/6/24 at 9:40 pm to Speckhunter2012
quote:
Did you believe Peak Oil was what 10-20 years ago?
It's amazing how we keep finding more oil, natural gas, gold, etc.
Almost like the Earth may STILL be naturally producing them?
Hubert who predicted peak oil showed tight shale formations in the 1950's but until geosteerable drilling was invented and perfected offshore LA, no one knew how it could be extracted. The same goes with actual oil shale in the Rockies. It has to rock mined, then pulverized and finally retorted to recover the vapors. We have known how to get to those over 1 trillion barrels but not below $84 per barrel cost just to get out of the ground.
Nutter talk based on claims made in a field offshore Louisiana which kept refilling before we understood subsalt oil deposits were pushing the oil up via a fault in the salt layer,
Posted on 12/6/24 at 9:49 pm to Lsupimp
The bitcoin mine they built on the volcano alone is probably going to make them the western hemisphere Dubai fifty years from now.
Posted on 12/6/24 at 9:49 pm to CitizenK
quote:
Nutter talk based on claims made in a field offshore Louisiana which kept refilling before we understood subsalt oil deposits were pushing the oil up via a fault in the salt layer,
Pushing oil up from where? Another reservoir below? Or is it being squished out of the formation into the reservoir?
This post was edited on 12/6/24 at 10:04 pm
Posted on 12/6/24 at 9:50 pm to Tear It Up
quote:
Anybody else read this as “Bukkake” at first?
Been awhile huh?
Posted on 12/6/24 at 10:33 pm to Timeoday
The more they find, the less it's worth.
Posted on 12/6/24 at 11:05 pm to 10thyrsr
quote:
Pushing oil up from where? Another reservoir below? Or is it being squished out of the formation into the reservoir?
Geological pressure pushed up oil from below the thick layer of salt.
The late 90's is when oil from below the salt layer began being discovered thanks to new software to help seismic surveys to be able to see below the salt.
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