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Long term, gold may be impacted by an intergalactically large find of gold in Uganda:
Long term, gold may be impacted by an intergalactically large find of gold in Uganda:
https://energycapitalpower.com/uganda-discovers-31m-tons-of-gold-ore/
My friend has a bunch of silver coins he bought around 2011 at $45/ounce.
I seek capital appreciation first, dividends and interest second.
Just bought a few hundred ounces of silver at $25 an ounce. Dealer had it on hand.
When it comes to valuing gold and silver, make sure you separate the fiat paper metals markets, which are highly manipulated, from the real market, which is not.
Just bought a few hundred ounces of silver at $25 an ounce. Dealer had it on hand.
They have "good delivery" gold held for you in what is called a bailment. Reasonable trading fees and storage costs.
Silver eagle premium is $16.
I miss the good old days when silver was $46/ounce
I miss the good old days when silver was $46/ounce
I don't know that this is true, but it makes sense.
where does a country like china buy a couple tons of gold?
do the elites prefer higher or lower precious metal prices?
can't be manipulated/controlled
LONDON (Reuters) - Barclays Plc has been fined 26 million pounds ($43.8 million) for failures in internal controls that allowed a trader to manipulate the setting of gold prices, just a day after the bank was fined for rigging Libor interest rates in 2012.
I bet those paper metal inside traders make a fortune. Dip the price, buy. Spike the price, sell. Repeat until you have "fuck you" money.
It is manipulated it though:
The American public are being conditioned for the future Social Security means test.
patrick.net
An Antidote to Corporate Media
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