Another Hopium Goal Posthole Goes By.

March 4th, the old inauguration day before it moved to January 20th. For some reason I cannot understand, a lot of people were sure that meant something.

It didn’t.

The goal posts have moved again; all we find now that we’re here is yet another empty post hole.

Few…well honestly, most likely no one who is addicted to this crap will learn the obvious lesson, though.

How many times will it take before y’all wake up and realize you’re being had, over and over and over again?

Some Anti Trumper (by which I mean both “Never Trumper” and “Leftist Asswipe”) is probably laughing his ass off at you: Suckered again!

In fact, I think there’s a good chance someone over there is making this stuff up to get you to waste your energy on it.

Indictments after the 2018 election. The Huber Report. The Memo. Declass. Indictments after we’re done dealing with so-and-so’s funeral. Indictments after the election but before Trump Leaves Office, which of course he won’t REALLY do.

Please: Wake up and smell what you’ve been shoveling.

It has been wrong.

Every.

Single.

Time.

“Gee, Steve, if you don’t want to see it, then scroll on by.”

That’s beside the point. What are you doing to yourselves believing in bullshit?

After you get done being furious with me, please, please, ask yourself that. What can give you the confidence to continue breathlessly repeating this crap as if it’s God’s truth, when it has been wrong, every single time.

And if your answer in any way rests on hope being a virtue, I have to then wonder at the spectacle of someone who believes that even false hope is a virtue.

“How dare you tell me what to post?”

I haven’t told you what to post. I am begging you to think critically. and subject this stuff to a test. It’s been false every single time. Come to the logical conclusion. PLEASE. And no, you’re not critically thinking just because you disagree with the conventional wisdom about a few things.

It’s sad seeing such clearly intelligent people ensnare themselves in demonstrable falsehood again and again and again.

“Gee, Steve, you want us to quit fighting?”

No. NO!! I want you to start fighting. To the extent that you’re waiting on the next bullshit goalpost/deadline, you aren’t fighting, you’re waiting for someone to rescue you.

We’re not going to get rescued like that. We have to pull ourselves through this. Trump is continuing to fight; he’s not waiting for someone to miracle him back into the White House. And it should be pretty obvious by now he’s not providing the miracle himself. He has acknowledged that Biden is now the president, albeit not the rightful president.

It’s up to us, collectively and severally. Get off the hopium, sober up, accept that the current situation is exactly what it is, and figure out what to do about it. Because you aren’t going to do squat if you continue to delude yourself it will magically get fixed. If you think someone else is going to solve the problem, or that the problem is a bit of phony theater, you won’t, yourself, do anything to solve the problem.

And that is just what the Left wants you to do. And that’s why I am starting to suspect these wacky scenarios and deadlines are made up by the Left.

It’s a free Q tree. You can go on doing this. Really you can. But I really hope you’ll come to your senses someday.

That hope is my hopium, but I am realistic enough to realize how unlikely it is. Prove me wrong.

Justice Must Be Done.

The prior election must be acknowledged as fraudulent, and steps must be taken to prosecute the fraudsters and restore integrity to the system.

Nothing else matters at this point. Talking about trying again in 2022 or 2024 is hopeless otherwise. Which is not to say one must never talk about this, but rather that one must account for this in ones planning; if fixing the fraud is not part of the plan, you have no plan.

Lawyer Appeasement Section

OK now for the fine print.

This is the WQTH Daily Thread. You know the drill. There’s no Poltical correctness, but civility is a requirement. There are Important Guidelines,  here, with an addendum on 20191110.

We have a new board – called The U Tree – where people can take each other to the woodshed without fear of censorship or moderation.

And remember Wheatie’s Rules:

1. No food fights
2. No running with scissors.
3. If you bring snacks, bring enough for everyone.
4. Zeroth rule of gun safety: Don’t let the government get your guns.
5. Rule one of gun safety: The gun is always loaded.
5a. If you actually want the gun to be loaded, like because you’re checking out a bump in the night, then it’s empty.
6. Rule two of gun safety: Never point the gun at anything you’re not willing to destroy.
7. Rule three: Keep your finger off the trigger until ready to fire.
8. Rule the fourth: Be sure of your target and what is behind it.

(Hmm a few extras seem to have crept in.)

Spot Prices.

All prices are Kitco Ask, 3PM MT Friday (at that time the markets close for the weekend).

Last week:

Gold $1735.60
Silver $26.80
Platinum $1191.00
Palladium $2379.00
Rhodium $26,000.00

This week:

Gold $1701.10
Silver $25.32
Platinum $1136.00
Palladium $2398.00
Rhodium $27,800.00

I talked a bit about rhodium last week (by the way, even though it’s higher than last Friday, it did drop a bit Friday.). I’m going to talk, this week, about platinum.

Platinum appears in some ancient Egyptian relics, but there’s no sign that the Egyptians themselves realized it was something different. It also shows up in some pre-Columbian artifacts produced in South America. I don’t know what they thought of it, whether they considered it different from gold and silver.

It first began to come to the attention of Westerners in 1557, when Julius Scaliger (who invented the Julian date used by astronomers, which is very different from the so-called “Julian date” used by some businesses which is simply the number of days since the prior new year). He noted it as an impurity in gold “which no fire nor any Spanish artifice has yet been able to liquefy.”

Now the Spaniards weren’t at all happy to find this stuff, at least not at first. Having a density actually a bit higher than gold, it would remain in the pan when panning for gold. It then had to be painstakingly separated from the gold, flake by flake. Because it was basically caca blanca.

In addition to being dense, more so than gold, platinum is even more resistant to acids. Which means that it will pass most of the easy tests for gold. You can scratch a gold-plated platinum item and give it the literal acid test, and it will pass. Fortunately, since it couldn’t be melted by any method known at the time, it was hard to make jewelry out of it to plate it, or, really, any solid mass.

Useless!!! They named it Pinto Silver (from the name of a river), and the later name “platina” is basically just a derivative of “plata”–silver.

But then it turned out that if you dumped platinum into molten gold, it would dissolve, just like salt dissolves in water. Once people realized this, mint workers had a new way to steal gold. By holding back some and swapping it with an equal weight of platinum, they could adulterate the coinage and pocket the gold. Meanwhile, no average person, prepared to test gold coinage to ensure it wasn’t gold plated lead, could detect it.

The Spanish government got wind of this. And they banned the possession of platinum. You had to sell it to the Spanish government, which would take it away and store it somewhere, to ensure it didn’t end up in their coins. (Later on, of course, they’d eventually decide to debase their own money with the platinum.)

In the mid 1700s chemists began to notice this stuff. The first chemist to look at it and decide it was a new element was Antonio de Ulloa, in the mid 1700s.

But a use for platinum did finally turn up, once someone figured out how to work it. By dissolving it in aqua regia (an acid that attacks gold as well as platinum), then precipitating it out of solution, one gets a powder; by compressing and heating it, you could, at least form it into shapes even though this was basically “sponge” platinum. People began to make crucibles out of it, it being handy for crucibles to withstand any amount of heat one could throw at it.

Another use was boilers for sulfuric acid. Take a flat sheet of platinum, bend it around into a cylinder. Solder the seam with gold (and begrudge every tiny bit of gold you have to use for the seam). Also weld on circular ends. You now have a pressure vessel, you can pour dilute sulfuric acid into it, boil off some of the water and concentrate it. Otherwise, you’d have to use a glass vat, and having a brittle glass vat explode with sulfuric acid inside…well, you don’t want to be around; if the glass doesn’t lacerate you, the acid will burn you. And if the glass does lacerate you, the acid will still burn you.

By the early 1800s platinum was, ounce for ounce, about six times as expensive as silver (and gold was about 15 times as expensive). And more deposits had been found in Russia.

Three things to say about the Russian platinum deposits. First, nuggets were found, and some of the locals would use them as birdshot!!! Imagine blowing platinum out of your shotgun!

Second, work was done on this platinum in England. A couple of chemists dissolved platinum with aqua regia, and there was some stuff in there that wouldn’t dissolve. Eventually Tennant and Wollaston concluded there were new metals there: rhodium, palladium, osmium and iridium. Because these metals (and a fourth, ruthenium, discovered in 1844) are always found together in minerals, they became known as the “platinum group metals.”

Finally, someone in Russia came up with the bright idea of minting coins out of platinum, and this was done from 1828 to 1845. The coins were the same sizes as the quarter, half and ruble (silver coins), but weighed twice as much, so their face values were 12 times as much.

When I said a couple of weeks ago there was no such thing as junk platinum because there were no platinum coins (with one exception) ever made for circulation, these were indeed the coins I was thinking of, but the problem is these coins are very valuable, especially the 6 and 12 ruble pieces. They’re worth far more as coins than they are as metal, which means they’re not “junk” in the way that “junk silver” is. So you won’t be finding this for “dirt cheap” or “just above melt.”

These coins were also made out of sponge. Pure platinum is about 21.45 times as dense as water; these coins tend to be about 20.5 times as dense. About five percent of these things is air! They’re also not especially pure; some effort was made to remove impurities (such as other platinum group metals), but much remained, and there’s also some small amount of iron in them.

Finally in the mid 1800s someone invented a furnace that could melt platinum, so we now had solid platinum to work with (and in fact, people make fakes of the Russian platinum coinage out of real platinum, but they never go through the trouble of making sponge out of the platinum. So the fakes tend to look better than the real ones, sponge platinum having a kind of ugly appearance to it.

Later on, platinum’s use as a catalyst gave it real value and most of those coins got scrapped and sold to Johnson Matthey, which is still today a major refiner of the platinum group metals.

Eventually platinum’s price exceeded that of gold, and then, people decided it would make good jewelry in its own right.

And so, when I was a kid, platinum was always more expensive than gold. It was in the 400s when gold was in the 300s, and when gold spiked to $850 an ounce one day late in the Carter administration, platinum was over a thousand bucks. I don’t recall when its price slid to below that of gold, but that situation has persisted for quite some time. It feels “wrong” to me.

Obligatory PSAs and Reminders

China is Lower than Whale Shit

To conclude: My standard Public Service Announcement. We don’t want to forget this!!!

Remember Hong Kong!!!

中国是个混蛋 !!!
Zhōngguò shì gè hùndàn !!!
China is asshoe !!!

China is in the White House

Since Wednesday, January 20 at Noon EST, the bought-and-paid for Joseph Biden has been in the White House. It’s as good as having China in the Oval Office.

Joe Biden is Asshoe

China is in the White House, because Joe Biden is in the White House, and Joe Biden is identically equal to China. China is Asshoe. Therefore, Joe Biden is Asshoe.

But of course the much more important thing to realize:

Joe Biden Didn’t Win

乔*拜登没赢 !!!
Qiáo Bài dēng méi yíng !!!
Joe Biden didn’t win !!!