~GOLD~!!!

happygobrokey

Dormant account
i've just gotten to thinking about gold

and i have some questions about it

the buying and collecting of

and the trading in

gold.



anyone fancy themselves an expert, anyone know a resource or forum, or should i just let em fly here and see what anyone knows?

:thumbsup:

i might as well tell the story of how it got on my mind... this hardcore conspiracy theorist guy, who trains with ninjas, former secret agent gag-ordered since 1992 gulf war, declared his name and body a corporation and is thus allegedly sovereign and pays no income taxes (methinks that ought read "has no income" lol). was telling me for two hours while he did his laundry at the truck stop all his conspiracy theories, and how licence to print money corrupts governments and when jfk printed x number of "silver notes" instead of "$ bills" and got assassinated. then he digressed about only those that tell the truth get murdered, because the underground network wishes to silence them, so as to keep the public in the dark and following like sheep. then he gets back to trading for worth in metal. he said go down to a bank and ask to convert all the funds in your chequing account into its worth in gold and watch them panic. money ain't worth the paper it's printed on. money is nothing, the bank is full of paper money, now try to find the actual gold to trade for all the money everyone in the country has. is there really enough gold to account for all the bills that are minted?

but my actual gold questions are not about that issue of it, but it's still thought-provoking. the guy's a nut though, and banned from the plaza because (he talks his stories for hours on end to the employees, but moreso because) he stalks/frightens the uber-hot night manager i work with. she gets flirted with by at least five guys a night, but this guy is old and weird obviously, and i think he lives in his truck (pickup, not a rig), hence the laundry-doing. but it's jokes, she's got this one young dude wrapped round her finger, brings her two coffees a night usually. i think she does like the guy though, since she lets him accompany her on the parking lot check, as she requires a chaperone due to the creepy guy. she's nice... anyhow, if you know stuff about gold, holler!

(this was not a blog, just an anecdote) :thumbsup:
 
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jetset

RIP Brian
CAG
Welllll.....I can tell you (because I've just read it in the newspaper!) that China has just overturned South Africa's 102-year status as the world's largest producer.
 

happygobrokey

Dormant account
oh yeah, well canada is rich in diamonds. :p but we need to protect and colonize our arctic because america is trying to take it over, just like they took alaska and iraq

:thumbsup:

forgot to mention: I Love Gold!
 

jetset

RIP Brian
CAG
The Americans actually bought Alaska from the Russians if I remember my history correctly.

The Canadian diamond finds are significant but come at a time when it's being discovered that diamonds are not as rare as they were said to be.

In recent times good quality gem diamonds have been found in Canada, Australia, Botswana, Congo, Venezuela and in abundance in Russia, screwing up the diamond monopoly of the De Beers company, which incidentally has just reached a $2 billion settlement after protracted negotiations on its allegedly monopolistic activities.

Old workings and tailings dumps are being reprocessed using modern and better recovery technologies, too - and yielding good returns. BTW they did that with the old gold minedumps too - the Ergo project produced a lot of gold.

I would guess that the gold price is likely to stay healthy for the immediate future - it's always been a store of value in times of global stress and economic worries.
 

happygobrokey

Dormant account
sam steele of the good old rcmp (then the nwmp?) in the yukon gold rush...

those were the days...

we need to find a clean habitable planet and move there, and use robots to strip the earth of every last drop of its resources

:thumbsup:
 

BingoT

Nurses love to give shots
I love Gold
Since I been a little boy I always went to the dump (Landfil)to get all the old computers and take all the boards that had gold in them and take the gold out of them.I have a 5gal pail over half full at the time.
I don't do this as much now because the computers are made like &^%$ today :lolup:
 

1819

Dormant account
my grandfather was a jeweler for 50 years. he got me started in gold. i bought all i could form the early 90's on. when gold hit a 20 year low, in 01, i bought all i could get my hands on. pawn shops, coin dealers, estate sales are all good sources. bulllion coins...eagles, maple leafs, krugerands, even scrap jewelery. do not be fooled by these tv shows selling graded bullion coins. new eagles would be the same value if you hit them with a hammer or in ms70. they are valued for the gold content. older coins obviously have numismatic value. not the garbage they peddle on home shopping. expect to pay about 40 bucks above spot price for a 1oz coin. expect to pay about 40 bucks less when selling. i've dumped alot recently since ive almost tripled my money but a good rule of thumb for long term investing is to buy a certain amount a month no matter the price.
 

lojo

Banned User - repetitive violations of <a href="ht
When I was a kid I knew this guy with a last name that ended in stein or field or berg... his 'strategy' was what he called the rule of thirds. He kept 1/3 of his wealth in diamonds buried in a wax rag or something, one third in semi stable, mid to long term investments, and the final third in high risk high turnover 'investments'.

If I were a Canadian, I think I'd be looking at some sort of syndicate or consortium to invest in the
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. Pooled money can be powerful money.

Gold can be a fun hobby, you could think about joining
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and learn the laws and rules for recreational prospecting near your area. But be warned, 'goldfever' can take over your life in a way gambling can't hold a candle to. There's nothing like walking into the wilderness, finding a creek and squatting for hours panning for the bright :)

I'm in almost daily contact with a large scale 'prospector' and see and hear his dilemmas almost daily of acquiring, proving, and getting financing for his 'motherload' it's a saga I can't repeat, but will just say that it is a hell of a lot of work and there is a hell of a lot of deception and chicanery in the trade. He deals with big money and governments and its a slimy bunch all in all. (not him, them).

As Jetset said, there is no lack of diamonds, the market is just controlled. There is a finite amount of gold above ground.

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an informative piece for you. It's very slightly tinged with one of the marketing forces or gold, fear, but is informative without going overboard imo.

You are very sharp and could learn to value coins in a couple of internet googling sessions and go to a pawnshop or befriend a coin dealer for practice and pointers. Then you could advertise for scrap gold, coins, etc. set up a small smelter in your garage (?) and refine the stuff.(fillings and jewelry, not coins:eek:) Metalurgy can be a fun hobby too. Hell, why not fart around and make your own jewelry? But I digress. If as 1819 says is ture and no doubt it is just increase your margins over the 40% by another 20%? and have a go. But again, once the stuff gets in your blood, gold fever can possess you!!!

 

rob3786

Dormant account
I have invested in gold the last couple of months due to the economic uncertainty. I have written about it in my casino portal to so if you fancy a read check out my portal. Bullion vault are great low buying and selling costs and they sort out storage and insurance. If you fancy clicking my referral banner that would be great.

My gold has risen alot but I only invested $800 not much really just wanted to try it for some fun.
 

lojo

Banned User - repetitive violations of <a href="ht
Keep posting Rob! Soon you will be fully registered and your signature will be able to link to your portal:thumbsup:
 
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