For those interested in Gold/Silver investments, check out my landing page at ITM Trading where you can learn more about the time tested advantages of precious metals investing. Landing Page: learn.itmtrading.com/joe Calendly Link: calendly.com/itmtrading/joe Phone: 844-944-1593
Yeah it’s lower than ideal…. But it was my longest scrap piece. But my thought is that I can always ‘paint it’s a bit higher. But then again if I’m doing something structural I’d probably be using steel anyway
What a fantastic idea. I have been on the hunt for some sort of something similar that can take the size of posts we use, up to 10-12” on the big side. Without using 20 or 30 gallons of oil. Painting the oil on is such a drag.
Yeah, 10-12” would need a bigger co gained for sure. Maybe if you could rig a kinda pivoting arm with a pulley so you could lift the post in and out. Not sure how heavy those would be but I’d imagine pretty darn heavy 😅
I had a coworker that had a vat that he'd fill will old motor oil and soaked his fence post and rails for all his horse pastures. Guys at work would bring they're old motor oil regularly. He also soaked his horses hooves in this. He did part time ferrier work. Wood is cellulose, like a sponge so the drier it is before you soak it the better. Nice welding 👍
Get video and project. Really fits into my Reduce, reuse, recycle mentality. I agree with your little comment about RECYCLING. In San Diego we have a specific list of what can go in which containers (trash/greens/recycle) but no real follow up about the end results. I do have a what if question though. If you needed to treat many posts would it work it you made a longer tube and then added a vacuum pump to drop the pressure. After a point you would release the pressure and the oil would get sucked into the post. I see resin guys doing that all the time to work on their stuff. Again, not something that you have a need of but your project made it point into my head. Thanks again for sharing and have a safe and happy Labor Dat weekend!
Thank you! It’s been one of those “that’d be kinda neat to make” kinda projects. And yeah, the recycling thing sadly is more a ‘feel good’ versus actually making a difference with most of what folks put in the recycling bins. Aluminum is by far the best return on actually getting recycled. But most materials end up getting lumped in with the trash. And oil, is sadly a similar story. Now there are plants that do clean, reuse it and /or add it into refining processes. But that is largely dependent on location. Obviously some areas are able to make better use of it than others. But for me, I don’t mind having a few gallons on hand for these kinds of projects😁 Now for your vacuum thoughts…. That would definitely speed the process a lot. I have thought about making one for wood resin as I’d like to make a couple recurve bow risers eventually. But as my list of future projects grows longer…. So does my time table 🤪
Thank you for sharing another of your great ideas with the DIY or offgrid individual. Its much appreciated. And yes God bless you, your family and associates. ☝🙏🙌💪👊
Great build as usual! Great idea too! Thanks for putting the time and effort into video editing it for our viewing pleasure! The videos are really well done too! Of course, why wouldn’t they! Kudos!
Cool project Joe! It would have been neat if you'd ran a test to see how increasing the soak time affects depth of penetration into the 4X4. i.e. 1 hour soak gets a depth of penetration of 1/8 inch... 3 hour soak gets penetration of 1/2 inch, etc. I would think that the more penetration would provide more and longer protection from rot. 🙂
Great video! Not only are RR ties treated with creosote, so are the "butt" end of all wooden power poles. Yes, 5 gal buckets work but are a pain. Maybe consider painting your kettle black and let the sun heat it for you.
I’d be curious to see some cut cross sections of posts that have soaked for different times, or want vs cold etc. maybe 1hr or virtual same as 24h? Just a thought so folks could get a sense of how long they’d need to soak their spots. Nice build!
That’s a good idea and it’d certainly give some better insight too. I will consider doing that when I’ve got a few more post end scraps to work with. Maybe a hot and cold soak at 5min, 30min and maybe like a 1-2hour soak. 🤔😊🙏
one single piece that is soaked then removed and cut at each time slot (5,10,30,60,120 etc) and then put back in should do it; you’d just not be able to determine the depth of penetration in the cut end. Anyway thanks again! Be well 💕🙏🏻
Paint it black to absorb heat. Drop a post in the morning, let it soak in the sun for a day, pull it out the next morning. Temp cycling might pull oil deeper into the wood.
Interesting build sir Great way to recycle or reuse used motor oil. If you do get into forging and heat treating metal products will you be able to use the same device? Regarding pressure treated lumber, you do not want to use it around livestock. You do not want your horses nibbling on treated lumber. Wishing you and your family a blessed Labor Day holiday. Peace brother
Yes I believe I heard that as well regarding livestock. I think one of the people who helped Marley with her Mustang training project let us know that. Thanks for checking it out and wishing you a blessed weekend too!
Mr. Joe, you always make the coolest projects. It looks like something out of the steampunky (if you know what that is). Any way so cool that you can recycle your motor oil, who know (not me 😊). How are the goats and your daughter's horse doing? Thank you for sharing and God Bless you and your family. 🥰🛻🚗🛻🚗🛻👍👍👍👍👍(🌹🐞🦂🌵)
Thank you Rose Marie! The goats are doing great and the horse is also…. But we re-homes her with a lady that has large pasture/area facilities and other horses. But my daughter gets to see her 1-2 times a week. God Bless you too!😊🙏
Yeah, I’d probably do that as well. Mainly as out dry environment the pressure treated can get dry and cracky so this would just give it a bit more resistance to that.
Definitely not ridiculous! Like you said, untreated vs pressure treated is a cost savings with this. Not sure about inflation, but there seems to be a lot of deflation with my wallet! lol
Yep, sadly many people can’t see what’s clearly in their faces. I did a research paper years ago on the CPI (consumer price index) and was shocked to find how much it is manipulated to skew stats. All so they can report a low inflation rate over a very small month to month period to give the impression of controlled inflation. When in reality it is MUCH higher if those folks would look at the same indexed numbers over 5,10 and 20 year periods.
@@homesteadonomics There is branch of russian-speaking philosophers, who stand strong against too much liberty in economy. The points are: 1) without regulations some companies tends to produce products (from shoes to cars) with intentionally limited lifetime. In longrun it leads to the migration of wealth/power from the so called "working class" to those who own companies. This is because in longrun the so called "working class" tends to loose everything they bought earier. But those who control the production facilities tend to have more sophisticated and powerful facilities (including the ability to better control the lifecycle). It makes the process of working for salary meaningless, because in longrun you will have nothing (unless you didn't invested your income to something tangible). 2) those companies who do "dirty tricks" tend to grow faster/bigger and displace or absorb companies that don't do the ones. Micro$oft is a good (but not the only) example. 3) price is a measure of deficit. In 'normal' (according to a certain philosophy) economy the prices across time must become lower. Because in 'normal' economy we are producing some stuff to satisfy the needs. But if we don't satisfy the needs, then what we are working for? Someone said: "We are working/producing more stuff/new type of things to match the higher standard of living". But is this what we are living for? To produce and consume more stuff (or more sophisticated stuff)? I don't thing so. Deep understanding of those problems should lead to a different type of understanding of everything. From personal motivation to politics and history.
If you want better penetration you can thin the oil with kerosene. I think its a great project, but I'm sticking with my bucket, bungee cord and 2 j hook solution for soaking posts.
Yes, thinning it a bit would definitely help with absorption for sure. Keresene, diesel, even thinner or mineral spirits would work albeit a bit more expensive than kerosene or diesel. And the bucket system certainly will do the trick as well 😊👍
I oil it with WD40 or whatever I have on hand every so often. But still occasionally I’ll get some rust on it…. If which I use that wire wheel that you saw in the beginning of the video.
@@homesteadonomics 'Spoil tip' refers to the pile of over-burden or other material discarded during mining, quarrying or excavation works, in particular when it comes to dominate the local landscape. The tips can become dangerous if not managed properly - eg en.wikipedia.org/wiki/Aberfan_disaster
This was a funny project but very functional. To have the oil the same height on, say 20 posts, would a sight glass have been the answer? No answer is needed for this question: What did the first ounce of gold cost you 20 years ago and what did your most recent ounce of gold cost? The price of gold cannot always go up and if the price of gold goes down, it could be disastrous. Have good days!
For keeping the top part level looking…..if leaving unpainted you could just do a quick spay paint line to give it the ‘look’ and then just eye ball it for the area below. But a level sight glass or clear hose level indicator would work. Now for the metals question. You gotta remember that I said that they have “always held their value” since the beginning of recorded history. The price will and always does fluctuate, in comparison to fiat currency. But the most important thing to gauge value is if that price of silver or gold can purchase the same allotment of goods or services as it did say 25, 50 or 100 years ago. Take for instance pre-1964 quarters being about 90% silver at that time. And it equates in rough math to about 1/4ounce of silver(very approx. for easy math). So when you look at what a quarter could buy you in 1950 versus what a quarter ounce of silver today, it is roughly equivalent. BUT what a US dollar could buy you in 1950 versus what it could buy you today is VASTLY different. Now as to what I first bought gold/silver at versus what most recently bought them at. My first gold purchase was two 1/2 ounces at just over $300/ounce in 2002 I believe. And I bought probably 20 silver eagles at the same time for about $7-8 an ounce if I remember correctly. I think it was as low as $5-6 an ounce earlier in that year. But I bought high. Now must recently I purchased silver rounds at $26/ounce in 2023 and I think the last gold I purchased was for a 1/4 ounce in 2020/21 when the piece was around $1600/ounce or so. Needless to say, I’m much more of a silver bug than a gold one. And the reason for this is due to the historic ration of silver to gold and how much of silver has been lost to industrial ussage… solar panels, electronics, military and aviation equipment. So the upside potential is far higher in silver than in gold. But with all that said, it’s important to remember that I’m not investing in metals to ‘make’ money, but rather to ‘maintain’ the value of my wealth while our fiat currencies devalue from the irresponsible expansion of the money supply and the inflation that follows. Hope that answered your question and was at least a little bit clearer than mud🤪
My Grandpa use 50/50 used motor oil and diesel and paint it on whole post except bottom end. Because when it raining it will go through to the bottom end and release water out at the bottom end. Otherwise if paint at the bottom end will hold the rain water like a cup. That will rotten the wood.
Yes, that would certainly allow for better soaking of the oil into the post. As for the whole thing….that would definitely be superior to just the bottom. But for our area the top half being painted or coated with a clear coat suffices as things dry out pretty well here. But for most other environments I think your grandpas technique would be the way to go😊🙏
Oh believe me…..it’s more packed than you think. I work when I go to work and when I get home I work on these things as well as builds and offsite side jobs. Trying to survive these crazy times we are in🤪
No air quotes needed around waste oil. It is indeed recycled, reused, refined or burned so has a second life. You are giving it a second life as well. Discouraging recycling of waste oil means it’s just gonna be dumped on the ground as it was in the past polluting our groundwater/surface waters.
That’s not what I said at all. But the reality is that depending on your location, oil recycling and reuse is vastly different. I have learned this first hand from talking to the people at my county recycling center. Some is indeed recycling into industrial oil derivatives and some makes a trip to refineries…. And much is allowed to be wasted or disposed of within specialty containments. So please do not imply that I’m discouraging the reuse and or recycling of oil. When this video is actually about recycling and reusing something that I have on hand. What I was pointing out is that many recycling services misrepresent how much and how efficiently various recyclables get recycled.
So I looked into it about 3 years ago when I was buying into a few different coins. I think I remember it being touted at the ‘bankers coin’. But I stayed away from it on principle as I kinda felt it had globalist vibes. Maybe not but that what I thought at the time. And I don’t like anything associated with the WEF or any other globalist affiliated organizations. And while I do still hold a very small bit of crypto I have no plans of getting anymore as I feel it’ll eventually be connected to some sort of digital ID…. Of which I want no part of. I feel it could be part of what biblical prophecies refer to as ‘mystery Babylon’. Call me crazy… it’s okay🤪 Thanks for watching the video😊🙏
@@homesteadonomics I understand. CBDC’s will be to control the masses. XRP can operate outside those restrictions. Permission-less wallet to wallet. It’s basically a neutral reserve currency that the US can’t weaponize against other countries.
@@Knight805yes, I DO really like the aspect of the decentralized nature of it. Which is why I got into some…haha But I still worry about the ‘connectivity required’ for use, transactions, etc,. Which is why I do lean towards being a silver/gold bug🤪 But I’ll still keep what I got just for the diversity of investment
Well, like anything there is more to the story than what is officially reported. You have to check www.bls.gov at the original numbers versus the ‘revisions’ that come 6-9 months later. The official narrative is that we are somewhere around 2% in a month to last years month in comparison. But that is based on the initial report and *not* the revised report. If you factor that in you will see an actuality much higher inflation. Now please don’t take this as me arguing…haha… if which I always want to take the respectful approach. But I did a research paper on the CPI in college and found that every administration adjusts (aka manipulates) the price inputs to create a more favorable view of the economy. Meaning that true inflation numbers are virtually never accurately reported. Unless of course, a person factors in same goods/commodities/prices from an earlier time in history and not the ‘currently’ accepted inputs. So with that said, you can almost never trust any number that comes out of government reports until the revisions have taken place. And also comparing like for like. And to be fair, every administration since Carter has don’t this extensively…. Yes, both Trump and Biden have done this too. So anyways, I’d encourage you to do a deeper dive and I think you’ll see some different things. And as for the video. Thank you for watching 😊🙏
@@homesteadonomics There are always revisions as more data is factored in, but the rate has declined to a third of what is was over two years ago, which is a trend. Cost-saving advice is always welcome, I'm merely providing a mild rebuttal to "...and given the economic times we find ourselves living in with the ever-increasing inflation..." (11:00) Cheers!
For those interested in Gold/Silver investments, check out my landing page at ITM Trading where you can learn more about the time tested advantages of precious metals investing.
Landing Page: learn.itmtrading.com/joe
Calendly Link: calendly.com/itmtrading/joe
Phone: 844-944-1593
I have learned since a kid and having my property is to use what you have; think outside the financial box. Just like our ancestors did.
A free 5 gallon bucket filled with used oil is just as good.
There’s one in my driveway right now.
This is a great use for old motor oil. Also, I think "Go soak a post!" sounds like a pretty good retort when someone makes you mad. Ha, ha!
Nice work. Maybe a little more height on that sleeve for me. Love the pour nozzles. Smaller version auto refill mead stein for Thor.
Yeah it’s lower than ideal…. But it was my longest scrap piece. But my thought is that I can always ‘paint it’s a bit higher. But then again if I’m doing something structural I’d probably be using steel anyway
What a fantastic idea. I have been on the hunt for some sort of something similar that can take the size of posts we use, up to 10-12” on the big side. Without using 20 or 30 gallons of oil. Painting the oil on is such a drag.
Yeah, 10-12” would need a bigger co gained for sure. Maybe if you could rig a kinda pivoting arm with a pulley so you could lift the post in and out. Not sure how heavy those would be but I’d imagine pretty darn heavy 😅
Purdie welds Sir! I’m just now learning how to weld and I’m jealous. 😱
Thank you! Although there are LOTS of folks that weld far better than me. So don’t look too closely 🤪🤣
I had a coworker that had a vat that he'd fill will old motor oil and soaked his fence post and rails for all his horse pastures. Guys at work would bring they're old motor oil regularly. He also soaked his horses hooves in this. He did part time ferrier work. Wood is cellulose, like a sponge so the drier it is before you soak it the better. Nice welding 👍
Sounds like he was a smart guy and made the most of what he could with that used oil. I hadn’t heard of the horses hooves thing though….. interesting!
Great design and build. Reuse and recycle your use oil. Also most pressure treated post are crap now a days.
Thank you Tom!
Get video and project. Really fits into my Reduce, reuse, recycle mentality. I agree with your little comment about RECYCLING. In San Diego we have a specific list of what can go in which containers (trash/greens/recycle) but no real follow up about the end results. I do have a what if question though. If you needed to treat many posts would it work it you made a longer tube and then added a vacuum pump to drop the pressure. After a point you would release the pressure and the oil would get sucked into the post. I see resin guys doing that all the time to work on their stuff. Again, not something that you have a need of but your project made it point into my head. Thanks again for sharing and have a safe and happy Labor Dat weekend!
Thank you! It’s been one of those “that’d be kinda neat to make” kinda projects.
And yeah, the recycling thing sadly is more a ‘feel good’ versus actually making a difference with most of what folks put in the recycling bins. Aluminum is by far the best return on actually getting recycled. But most materials end up getting lumped in with the trash. And oil, is sadly a similar story. Now there are plants that do clean, reuse it and /or add it into refining processes. But that is largely dependent on location. Obviously some areas are able to make better use of it than others.
But for me, I don’t mind having a few gallons on hand for these kinds of projects😁
Now for your vacuum thoughts…. That would definitely speed the process a lot. I have thought about making one for wood resin as I’d like to make a couple recurve bow risers eventually. But as my list of future projects grows longer…. So does my time table 🤪
Cool project, thank you for sharing and I usually just soak posts in Harbor Freight buckets.
Buckets will certainly do the trick and it’s what I’ve used for years. This was mostly me just wanting to build something🤪
LOVE IT, I use a 50/50 used oil & diesel on trailer decks & other stuff on my pole barn home, so far so good !
Yeah that’s the way to go. The diesel I believe helps the oil to soak in better too!
That was so good, near as good as your Notice rain water sign.🇬🇧🇺🇸
Haha..,..thank you! 😁🙏
Thank you for sharing another of your great ideas with the DIY or offgrid individual. Its much appreciated. And yes God bless you, your family and associates. ☝🙏🙌💪👊
Thank you very much Jerry😊🙏. May God Bless you and your family as well!
5:07 very nice
Thank you😊🙏
Great build as usual! Great idea too! Thanks for putting the time and effort into video editing it for our viewing pleasure! The videos are really well done too! Of course, why wouldn’t they! Kudos!
Thank you! I’m glad to hear you liked it 🙏😊
That is genius. You could save a ton of money doing that vs. buying pressure treated. 👍
Saving a bit of extra money is my goal😊🙏
It’s more genius to just use a 5 gallon bucket
Cool project Joe! It would have been neat if you'd ran a test to see how increasing the soak time affects depth of penetration into the 4X4. i.e. 1 hour soak gets a depth of penetration of 1/8 inch... 3 hour soak gets penetration of 1/2 inch, etc. I would think that the more penetration would provide more and longer protection from rot. 🙂
Very cool. Way more fun to watch than anticipated.
Nice work!
Thank you Eddy😊🙏
That is some DIRTY oil LOL BLACK!
Oh that’s just cause I like to get 25-30k miles between changes…haha
But seriously, I’m not that bad🤪
Great idea, thank you sir 😁👍
Great video! Not only are RR ties treated with creosote, so are the "butt" end of all wooden power poles. Yes, 5 gal buckets work but are a pain. Maybe consider painting your kettle black and let the sun heat it for you.
Great video! Very cool idea!
Thank you!
That was a cool build. Good idea.
Thank you!
I’d be curious to see some cut cross sections of posts that have soaked for different times, or want vs cold etc. maybe 1hr or virtual same as 24h? Just a thought so folks could get a sense of how long they’d need to soak their spots. Nice build!
That’s a good idea and it’d certainly give some better insight too. I will consider doing that when I’ve got a few more post end scraps to work with. Maybe a hot and cold soak at 5min, 30min and maybe like a 1-2hour soak. 🤔😊🙏
one single piece that is soaked then removed and cut at each time slot (5,10,30,60,120 etc) and then put back in should do it; you’d just not be able to determine the depth of penetration in the cut end. Anyway thanks again! Be well 💕🙏🏻
The oil being heated up some would probably help to some degree as well.
Paint it black to absorb heat. Drop a post in the morning, let it soak in the sun for a day, pull it out the next morning. Temp cycling might pull oil deeper into the wood.
another great video sir.
Thank you Gary!
Cool design Joe! 😃👍🏼👊🏼
Thank you Fred!
Interesting build sir Great way to recycle or reuse used motor oil. If you do get into forging and heat treating metal products will you be able to use the same device? Regarding pressure treated lumber, you do not want to use it around livestock. You do not want your horses nibbling on treated lumber.
Wishing you and your family a blessed Labor Day holiday. Peace brother
Yes I believe I heard that as well regarding livestock. I think one of the people who helped Marley with her Mustang training project let us know that.
Thanks for checking it out and wishing you a blessed weekend too!
Mr. Joe, you always make the coolest projects. It looks like something out of the steampunky (if you know what that is). Any way so cool that you can recycle your motor oil, who know (not me 😊). How are the goats and your daughter's horse doing? Thank you for sharing and God Bless you and your family. 🥰🛻🚗🛻🚗🛻👍👍👍👍👍(🌹🐞🦂🌵)
Thank you Rose Marie! The goats are doing great and the horse is also…. But we re-homes her with a lady that has large pasture/area facilities and other horses. But my daughter gets to see her 1-2 times a week.
God Bless you too!😊🙏
Always enjoy your content
Even with pressure treated, I would still prefer to dip it.
Yeah, I’d probably do that as well. Mainly as out dry environment the pressure treated can get dry and cracky so this would just give it a bit more resistance to that.
Definitely not ridiculous! Like you said, untreated vs pressure treated is a cost savings with this. Not sure about inflation, but there seems to be a lot of deflation with my wallet! lol
Haha…yes, mine too!😭🤣👍
Love, love, love the "industrial tea kettle" 🤣Great video 😃
Thank you MMX3😊🙏
😂Tea pot fit for a nephilim 🤣 you're too much! It's beautiful Joe, hello to the family! Ember also 😊👍
Haha, glad you caught that one. I was wondering who’d catch it first. And you are the winner!
😁🙏
@homesteadonomics At what point did you read my mind, I don't know. But that's exactly what I said in my mind about a week ago ☺️ you're on point!
Very cool project!
Congratulations! A giant turkey fat separator! Thanksgiving at your house will be fun!! :) Fun video
Almost perfect size to cook a small bird like a game hen🤪
12:40: Appreciate your euphemisms. In Russia we don't expect rosy too
Yep, sadly many people can’t see what’s clearly in their faces. I did a research paper years ago on the CPI (consumer price index) and was shocked to find how much it is manipulated to skew stats. All so they can report a low inflation rate over a very small month to month period to give the impression of controlled inflation. When in reality it is MUCH higher if those folks would look at the same indexed numbers over 5,10 and 20 year periods.
@@homesteadonomics There is branch of russian-speaking philosophers, who stand strong against too much liberty in economy.
The points are:
1) without regulations some companies tends to produce products (from shoes to cars) with intentionally limited lifetime. In longrun it leads to the migration of wealth/power from the so called "working class" to those who own companies. This is because in longrun the so called "working class" tends to loose everything they bought earier. But those who control the production facilities tend to have more sophisticated and powerful facilities (including the ability to better control the lifecycle).
It makes the process of working for salary meaningless, because in longrun you will have nothing (unless you didn't invested your income to something tangible).
2) those companies who do "dirty tricks" tend to grow faster/bigger and displace or absorb companies that don't do the ones. Micro$oft is a good (but not the only) example.
3) price is a measure of deficit. In 'normal' (according to a certain philosophy) economy the prices across time must become lower. Because in 'normal' economy we are producing some stuff to satisfy the needs. But if we don't satisfy the needs, then what we are working for? Someone said: "We are working/producing more stuff/new type of things to match the higher standard of living". But is this what we are living for? To produce and consume more stuff (or more sophisticated stuff)? I don't thing so.
Deep understanding of those problems should lead to a different type of understanding of everything. From personal motivation to politics and history.
If you want better penetration you can thin the oil with kerosene. I think its a great project, but I'm sticking with my bucket, bungee cord and 2 j hook solution for soaking posts.
Yes, thinning it a bit would definitely help with absorption for sure. Keresene, diesel, even thinner or mineral spirits would work albeit a bit more expensive than kerosene or diesel.
And the bucket system certainly will do the trick as well 😊👍
This is my handle...this is my spout :)
😅🙏
Lol. 🫖
At first I thought you was making a rocket Stove
That’s been in my mind as well….. and I’ve got enough smaller scraps of this tubing. So you might just see one coming up soon! 😉
@@homesteadonomics nice. Love to see that build ..that would be awesome..
👍
Off topic; how do you keep you metal table from rusting?
I oil it with WD40 or whatever I have on hand every so often. But still occasionally I’ll get some rust on it…. If which I use that wire wheel that you saw in the beginning of the video.
@homesteadonomics Also consider his location, I think he only gets rain a few times a year, but a bunch at those times.
Lol Pre Post post soaked post....😂
Yeah that one kinda tripped my brain a little bit🤪
08:39 there's a spoil tip creeping up behind you!
Not sure if it might have gotten written down wrong… a ‘spoil tip’? I’m not familiar. Please let me know so that I can be on the lookout 🤪🙏
@@homesteadonomics 'Spoil tip' refers to the pile of over-burden or other material discarded during mining, quarrying or excavation works, in particular when it comes to dominate the local landscape. The tips can become dangerous if not managed properly - eg en.wikipedia.org/wiki/Aberfan_disaster
riveting? it’s welding😀
😂 well, I guess a better choice of words perhaps….edge of your seat maybe🤪
Thor's kettle
It feels like it when I lift it. Definitely two hands required when full!😅
This was a funny project but very functional. To have the oil the same height on, say 20 posts, would a sight glass have been the answer? No answer is needed for this question: What did the first ounce of gold cost you 20 years ago and what did your most recent ounce of gold cost? The price of gold cannot always go up and if the price of gold goes down, it could be disastrous. Have good days!
For keeping the top part level looking…..if leaving unpainted you could just do a quick spay paint line to give it the ‘look’ and then just eye ball it for the area below. But a level sight glass or clear hose level indicator would work.
Now for the metals question. You gotta remember that I said that they have “always held their value” since the beginning of recorded history. The price will and always does fluctuate, in comparison to fiat currency. But the most important thing to gauge value is if that price of silver or gold can purchase the same allotment of goods or services as it did say 25, 50 or 100 years ago. Take for instance pre-1964 quarters being about 90% silver at that time. And it equates in rough math to about 1/4ounce of silver(very approx. for easy math). So when you look at what a quarter could buy you in 1950 versus what a quarter ounce of silver today, it is roughly equivalent. BUT what a US dollar could buy you in 1950 versus what it could buy you today is VASTLY different.
Now as to what I first bought gold/silver at versus what most recently bought them at. My first gold purchase was two 1/2 ounces at just over $300/ounce in 2002 I believe. And I bought probably 20 silver eagles at the same time for about $7-8 an ounce if I remember correctly. I think it was as low as $5-6 an ounce earlier in that year. But I bought high.
Now must recently I purchased silver rounds at $26/ounce in 2023 and I think the last gold I purchased was for a 1/4 ounce in 2020/21 when the piece was around $1600/ounce or so.
Needless to say, I’m much more of a silver bug than a gold one.
And the reason for this is due to the historic ration of silver to gold and how much of silver has been lost to industrial ussage… solar panels, electronics, military and aviation equipment. So the upside potential is far higher in silver than in gold.
But with all that said, it’s important to remember that I’m not investing in metals to ‘make’ money, but rather to ‘maintain’ the value of my wealth while our fiat currencies devalue from the irresponsible expansion of the money supply and the inflation that follows.
Hope that answered your question and was at least a little bit clearer than mud🤪
My Grandpa use 50/50 used motor oil and diesel and paint it on whole post except bottom end. Because when it raining it will go through to the bottom end and release water out at the bottom end. Otherwise if paint at the bottom end will hold the rain water like a cup. That will rotten the wood.
Yes, that would certainly allow for better soaking of the oil into the post. As for the whole thing….that would definitely be superior to just the bottom. But for our area the top half being painted or coated with a clear coat suffices as things dry out pretty well here. But for most other environments I think your grandpas technique would be the way to go😊🙏
Could always soak and then cut the bottom end off.
I wasn’t able to use your gold/silver link… goes to not found.
I fixed it….. learn.itmtrading.com/joe
I think I added some “….” Between the links and it messed up the link🤦♂️
& I thought I had free time...
Oh believe me…..it’s more packed than you think. I work when I go to work and when I get home I work on these things as well as builds and offsite side jobs. Trying to survive these crazy times we are in🤪
BEER CHUGGER
😂
@@homesteadonomics bahahhaha
Wait! You're not gonna paint that Post Soaker thingy???
Haha….i know I know….. no ‘homesteadonomics gray’ paint this time🤪
No air quotes needed around waste oil. It is indeed recycled, reused, refined or burned so has a second life. You are giving it a second life as well. Discouraging recycling of waste oil means it’s just gonna be dumped on the ground as it was in the past polluting our groundwater/surface waters.
That’s not what I said at all. But the reality is that depending on your location, oil recycling and reuse is vastly different. I have learned this first hand from talking to the people at my county recycling center. Some is indeed recycling into industrial oil derivatives and some makes a trip to refineries…. And much is allowed to be wasted or disposed of within specialty containments.
So please do not imply that I’m discouraging the reuse and or recycling of oil. When this video is actually about recycling and reusing something that I have on hand.
What I was pointing out is that many recycling services misrepresent how much and how efficiently various recyclables get recycled.
Have you looked into XRP yet? The New reserve currency.
So I looked into it about 3 years ago when I was buying into a few different coins. I think I remember it being touted at the ‘bankers coin’. But I stayed away from it on principle as I kinda felt it had globalist vibes. Maybe not but that what I thought at the time. And I don’t like anything associated with the WEF or any other globalist affiliated organizations.
And while I do still hold a very small bit of crypto I have no plans of getting anymore as I feel it’ll eventually be connected to some sort of digital ID…. Of which I want no part of. I feel it could be part of what biblical prophecies refer to as ‘mystery Babylon’.
Call me crazy… it’s okay🤪
Thanks for watching the video😊🙏
@@homesteadonomics I understand. CBDC’s will be to control the masses. XRP can operate outside those restrictions. Permission-less wallet to wallet. It’s basically a neutral reserve currency that the US can’t weaponize against other countries.
@@homesteadonomics Also, I really like your content.
@@Knight805thank you😊🙏
@@Knight805yes, I DO really like the aspect of the decentralized nature of it. Which is why I got into some…haha
But I still worry about the ‘connectivity required’ for use, transactions, etc,. Which is why I do lean towards being a silver/gold bug🤪
But I’ll still keep what I got just for the diversity of investment
over engineered, but cute.
Yes, it is🤪🙏
*Inflation is decreasing and is currently below the long-term average
Well, like anything there is more to the story than what is officially reported. You have to check www.bls.gov at the original numbers versus the ‘revisions’ that come 6-9 months later. The official narrative is that we are somewhere around 2% in a month to last years month in comparison. But that is based on the initial report and *not* the revised report. If you factor that in you will see an actuality much higher inflation.
Now please don’t take this as me arguing…haha… if which I always want to take the respectful approach. But I did a research paper on the CPI in college and found that every administration adjusts (aka manipulates) the price inputs to create a more favorable view of the economy. Meaning that true inflation numbers are virtually never accurately reported. Unless of course, a person factors in same goods/commodities/prices from an earlier time in history and not the ‘currently’ accepted inputs.
So with that said, you can almost never trust any number that comes out of government reports until the revisions have taken place. And also comparing like for like.
And to be fair, every administration since Carter has don’t this extensively…. Yes, both Trump and Biden have done this too.
So anyways, I’d encourage you to do a deeper dive and I think you’ll see some different things.
And as for the video. Thank you for watching 😊🙏
@@homesteadonomics There are always revisions as more data is factored in, but the rate has declined to a third of what is was over two years ago, which is a trend. Cost-saving advice is always welcome, I'm merely providing a mild rebuttal to "...and given the economic times we find ourselves living in with the ever-increasing inflation..." (11:00) Cheers!