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 Post subject: Re: The price of Gold
PostPosted: Sun May 15, 2016 9:00 pm 
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Planning Tribunal Attendee

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Posts: 1336
http://trueeconomics.blogspot.ie/2016/0 ... backs.html


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 Post subject: Re: The price of Gold
PostPosted: Wed May 18, 2016 12:07 pm 
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Of Systemic Importance

Joined: Feb 8, 2007
Posts: 5197
I wouldn't say the markets as a whole are in a bubble. Looking at the US, certain segments of the market are in bubble territory (tech stocks like Tesla, Amazon, Facebook, etc.), others are in seriously overvalued territory (mega cap stocks like Coca Cola, Johnson and Johnson, Kraft, etc.). I think there are vast swathes of the market that are either reasonably priced (Canada except for financials, most of Europe, UK, Japan), or downright cheap (China and Russia, neither for the risk averse). I think anyone expecting 50% declines in any market is likely to be disappointed. However, a 20% correction is something that people should be ready to take advantage of.

As for gold, I don't see how it is cheap (and this is from someone who owns a little in anticipation of the coming zombie apocalypse).


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 Post subject: Re: The price of Gold
PostPosted: Fri Jun 24, 2016 12:45 pm 
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 Post subject: Re: The price of Gold
PostPosted: Sat Jul 02, 2016 9:51 am 
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Property Magnate

Joined: Jan 17, 2014
Posts: 621
Pretty weak spike, far below previous peak so still a bear market for gold.


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 Post subject: Re: The price of Gold
PostPosted: Sat Jul 02, 2016 11:04 am 
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Weak spike, really? Bear market? I don't think you're paying attention as much as you want to be right. Gold stocks are up over 100% on the year. But I guess you'll point to some other timeframe to suit the anti gold narrative that pervades this forum.


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 Post subject: Re: The price of Gold
PostPosted: Mon Oct 24, 2016 1:41 am 
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Speculator
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Joined: Nov 22, 2008
Posts: 482
Location: Truth or Consequences, NM.
It's currently $1,266.47 per Troy ounce.

Think it might be a good time to get in, what with warmongering Hillary a certainty to be (s)elected and the impending collapse of some fiat currencies. Silver looks cheap too.


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 Post subject: Re: The price of Gold
PostPosted: Mon Oct 24, 2016 10:25 am 
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el diablo wrote:
It's currently $1,266.47 per Troy ounce.

Think it might be a good time to get in, what with warmongering Hillary a certainty to be (s)elected and the impending collapse of some fiat currencies. Silver looks cheap too.


Gold does well during financial panics, buy during periods of calm and sell it into extreme fear. Traditional arguments about deflation and inflation are largely moot.

One has to wonder how much manipulation it receives. Recent price fixing fines shows the tin-foil hat brigade were actually right. I think we only know a small fraction of the manipulation story. The accepted wisdom amongst the gold community is that the BIS are the chief manipulators. I dont know how true that is.


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 Post subject: Re: The price of Gold
PostPosted: Fri Jun 23, 2017 7:31 pm 
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Too Big to Fail
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Posts: 4812
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Well a decade ago some estate agent were replaced by Cash for Gold shops but now it's a Gold for Cash game.
https://www.irishtimes.com/competitions ... 2B42B1ABDD
Quote:
The Irish Times has teamed up with GoldCore, Ireland's first and leading gold broker, to offer you the chance to win a beautiful, freshly minted Gold Sovereign coin (2017) which contains nearly one quarter of an ounce of gold and is 'investment grade' 22 carat pure gold.
Gold sovereigns can be bought for insured delivery or in ultra secure vaults and remain one of the safest ways for Irish investors and savers to diversify into gold. They are tax free (no VAT) highly liquid stores of value in these uncertain times. They also make great gifts and are a good way to pass on wealth to the next generation.

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 Post subject: Re: The price of Gold
PostPosted: Thu Jul 20, 2017 10:53 pm 
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Too Big to Fail

Joined: May 18, 2009
Posts: 4191
The future is bright the future is gold...

Quote:
Last month, we reported on a process using gold that will ultimately improve medical implants and possibly lead to artificial muscles. Now, 3DPrint.com reports NASA is developing cellular bioprinting in space. It’s an extremely complex process made more difficult in the microgravity environment.
Quote:
Because cell culture in microgravity can be technically and mechanically challenging, the application of magnetic tools to assist physical manipulation of the growing cultures could provide advantages to enhance experimental outcomes and facilitate the development of throughput systems for conducting high volume cell culture work in space.”

Researchers say incorporating gold atoms adds strength to the cultures in space. Consequently, researchers can handle the them with magnets, allowing for successful bioprinting. As an added bonus, the gold will not interfere with the cells’ normal functions.
Scientists say this development has great potential in the realm of cancer research.



https://schiffgold.com/key-gold-news/te ... tor-beams/

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 Post subject: Re: The price of Gold
PostPosted: Fri Jul 21, 2017 8:16 am 
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Joined: Sep 13, 2007
Posts: 31830
Location: Tullamore
Mossy_Heneberry wrote:
The future is bright the future is gold...

Quote:
Last month, we reported on a process using gold that will ultimately improve medical implants and possibly lead to artificial muscles. Now, 3DPrint.com reports NASA is developing cellular bioprinting in space. It’s an extremely complex process made more difficult in the microgravity environment.
Quote:
Because cell culture in microgravity can be technically and mechanically challenging, the application of magnetic tools to assist physical manipulation of the growing cultures could provide advantages to enhance experimental outcomes and facilitate the development of throughput systems for conducting high volume cell culture work in space.”

Researchers say incorporating gold atoms adds strength to the cultures in space. Consequently, researchers can handle the them with magnets, allowing for successful bioprinting. As an added bonus, the gold will not interfere with the cells’ normal functions.
Scientists say this development has great potential in the realm of cancer research.



https://schiffgold.com/key-gold-news/te ... tor-beams/

Wait, gold is currency and the ultimate store of value and this fool wants to use it?

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 Post subject: Re: The price of Gold
PostPosted: Fri Jul 21, 2017 9:11 am 
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yoganmahew wrote:
Wait, gold is currency and the ultimate store of value and this fool wants to use it?
:lol: Peter Schiff has capitulated.


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 Post subject: Re: The price of Gold
PostPosted: Fri Jul 21, 2017 5:06 pm 
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Too Big to Fail

Joined: May 18, 2009
Posts: 4191
yoganmahew wrote:
Mossy_Heneberry wrote:
The future is bright the future is gold...

Quote:
Last month, we reported on a process using gold that will ultimately improve medical implants and possibly lead to artificial muscles. Now, 3DPrint.com reports NASA is developing cellular bioprinting in space. It’s an extremely complex process made more difficult in the microgravity environment.
Quote:
Because cell culture in microgravity can be technically and mechanically challenging, the application of magnetic tools to assist physical manipulation of the growing cultures could provide advantages to enhance experimental outcomes and facilitate the development of throughput systems for conducting high volume cell culture work in space.”

Researchers say incorporating gold atoms adds strength to the cultures in space. Consequently, researchers can handle the them with magnets, allowing for successful bioprinting. As an added bonus, the gold will not interfere with the cells’ normal functions.
Scientists say this development has great potential in the realm of cancer research.



https://schiffgold.com/key-gold-news/te ... tor-beams/

Wait, gold is currency and the ultimate store of value and this fool wants to use it?


He's often spoke about the uses of gold and silver when people point out to him that they're just useless chunks of metal.

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 Post subject: Re: The price of Gold
PostPosted: Thu May 03, 2018 11:48 am 
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Real Estate Developer

Joined: Aug 19, 2011
Posts: 866
S Korean cleaner loses out after finding gold in bin
http://www.bbc.com/news/blogs-news-from ... e-43972394

Quote:
According to The Korea Times, a cleaner found seven gold bars worth a total 350 million won (£240,000; $330,000) whilst emptying a rubbish bin at Incheon International Airport on 26 April.

The bars, each weighing 1kg (2.2 lbs), were wrapped in newspapers, and police suspect that their original owner threw them away in a hurry because he risked being caught.


Imagine being in that position....(lugging 7kg of gold though an airport, all stressed :? )

buy gold they said! :)

Quote:
However, the airport has said that the cleaner won't be able to receive any reward because they were "working as the airport staff and it is a part of the cleaner's job to find lost things".


Seems a bit bullshitty. The cleaners right to claim (imho) should exist outsider his terms of employment.

(Perhaps a poster versed in the law would have a better reason why he would forfeit that right?)


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 Post subject: Re: The price of Gold
PostPosted: Tue Aug 14, 2018 4:27 pm 
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Under CAB Investigation

Joined: Oct 19, 2010
Posts: 2670
Location: Dublin SE
Gold seems to be tanking (slowly)

Below $1,200 now.

Presumed flight to US Treasuries paying 3% vs Golds......... nothing?

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