Topic: Gold collapsing. Bitcoin UP. - page 1188. (Read 2032266 times)
I'm liking this thread...so many new faces in the wall observer, I can relax with you guys
FTFY, the value has yet to be realized in the form of computer chips and door stops.
About 78% of the gold consumed each year is used in the manufacture of jewelry.1
all this time i thought door stops and paper weights was the main use of gold bars.
Yes, I suspect the photograph was designed to maximize the appearance of the gold.
Good delivery bars are not necessarily the same mass, but usually 400 troy ounces. They do have to be marked whatever they are.
In order for a bar to be considered Good Delivery it must fulfill the following requirements:1
Needs to have a fineness of at least 99.5%
Must have certain inscriptions: serial number(s), refiner’s logo or mark, exact fineness level, and year it was produced
Must be at least 350 ounces but cannot exceed 430 ounces
Length must be between 210 and 290 mm
Must have a width between 55 and 85 mm
Must be 25 to 45 mm tall
Good delivery bars are not necessarily the same mass, but usually 400 troy ounces. They do have to be marked whatever they are.
In order for a bar to be considered Good Delivery it must fulfill the following requirements:1
Needs to have a fineness of at least 99.5%
Must have certain inscriptions: serial number(s), refiner’s logo or mark, exact fineness level, and year it was produced
Must be at least 350 ounces but cannot exceed 430 ounces
Length must be between 210 and 290 mm
Must have a width between 55 and 85 mm
Must be 25 to 45 mm tall
FTFY, the value has yet to be realized in the form of computer chips and door stops.
About 78% of the gold consumed each year is used in the manufacture of jewelry.1
I believe old Queen Lizzie poking her nose around in basement of Bank of England last year was no accident and more than merely symbolic, something's up ...
I had missed that
...interesting, to say the least
are those gold bars a KG each??
yes but only the top layer is real the rest is filled with tungsten
No, they are 12.4kg each, and called 'Good delivery' 99.5% pure.
Yes.
And each of those bars is worth about 400.000€.
so we are looking at a
FTFY, the value has yet to be realized in the form of computer chips and door stops.
Gold save the Queen !
she needs to diversify into bitcoin!
20,000 bars for all the bitcoins?
Gold save the Queen !
I believe old Queen Lizzie poking her nose around in basement of Bank of England last year was no accident and more than merely symbolic, something's up ...
I had missed that
...interesting, to say the least
are those gold bars a KG each??
yes but only the top layer is real the rest is filled with tungsten
No, they are 12.4kg each, and called 'Good delivery' 99.5% pure.
Yes.
And each of those bars is worth about 400.000€.
so we are looking at a butt load of value here.
I believe old Queen Lizzie poking her nose around in basement of Bank of England last year was no accident and more than merely symbolic, something's up ...
I had missed that
...interesting, to say the least
are those gold bars a KG each??
yes but only the top layer is real the rest is filled with tungsten
No, they are 12.4kg each, and called 'Good delivery' 99.5% pure.
Yes.
And each of those bars is worth about 400.000€.
I believe old Queen Lizzie poking her nose around in basement of Bank of England last year was no accident and more than merely symbolic, something's up ...
I had missed that
...interesting, to say the least
are those gold bars a KG each??
yes but only the top layer is real the rest is filled with tungsten
No, they are 12.4kg each, and called 'Good delivery' 99.5% pure.
I believe old Queen Lizzie poking her nose around in basement of Bank of England last year was no accident and more than merely symbolic, something's up ...
I had missed that
...interesting, to say the least
are those gold bars a KG each??
yes but only the top layer is real the rest is filled with tungsten
Anyone think Au appreciation will ever at any point outpace Bitcoin appreciation? I'm still trying to figure out if their rate ofs future % gains will ever converge or if Bitcoin will just continue moving up and away
I'm thinking the same thing, maybe diversify a little bit into Gold now, but how? Is it even safe to buy gold funds if there is next to no gold left?
Are you kidding? Of course it's not safe.
How about just buying physical?
Thanks, I will.
I believe old Queen Lizzie poking her nose around in basement of Bank of England last year was no accident and more than merely symbolic, something's up ...
I had missed that
...interesting, to say the least
shes looking at those bars thinking what % she will sell for bitcoin.
look at her face its OBVIOUS!
Anyone think Au appreciation will ever at any point outpace Bitcoin appreciation? I'm still trying to figure out if their rate ofs future % gains will ever converge or if Bitcoin will just continue moving up and away
I'm thinking the same thing, maybe diversify a little bit into Gold now, but how? Is it even safe to buy gold funds if there is next to no gold left?
Are you kidding? Of course it's not safe.
How about just buying physical?
Anyone think Au appreciation will ever at any point outpace Bitcoin appreciation? I'm still trying to figure out if their rate ofs future % gains will ever converge or if Bitcoin will just continue moving up and away
I'm thinking the same thing, maybe diversify a little bit into Gold now, but how? Is it even safe to buy gold funds if there is next to no gold left?
Nobody asks for delivery....
...and doesn't cry themselves to sleep.
Nobody asks for delivery....
...and returns with gold.
I believe old Queen Lizzie poking her nose around in basement of Bank of England last year was no accident and more than merely symbolic, something's up ...
I had missed that
...interesting, to say the least
WHOA, look at that - nothing we didn't know, but is this mainstream media? How mainstream is this TV station?
All the info is suddenly coming out at once into the public (Glen Beck, sources from Germany, etc...). This NEVER happened up until December. We are witnessing something picking up speed there, some acceleration. I have been waiting for this for at least 7 months, but February/March could indeed be THE MONTH. I haven't been as excited about this since July.
yep, china just announced they more than doubled their gold reserves to something like 2700 tons from 1000 tons when they last counted in 2009. everyone posturing I would imagine
Anyone think Au appreciation will ever at any point outpace Bitcoin appreciation? I'm still trying to figure out if their future % gains will ever converge or if Bitcoin will just continue moving up and away
For sure they have more than 2700 tons now, that number is just a ridiculous understatement.
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