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Reputation Activity
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mr-dead got a reaction from Oldun in The coming Gold crash
The difference being there's no where to store the excess oil due a massive slump in consumption.
Pretty sure the opposite is true of gold.
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mr-dead got a reaction from Oldun in The coming Gold crash
Good luck buying physical for $600 below production costs.
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mr-dead got a reaction from Mas in The coming Gold crash
the global financial problems won't end when the pandemic does
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mr-dead got a reaction from OneBlueSummer in The coming Gold crash
Ongoing piss take if he gets it wrong?
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mr-dead reacted to Roy in Gold Monitoring Thread £ GBP only
I've just seen a 100% move in gold since I started in PMs 😊
In GBP, mind you.
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mr-dead reacted to Paul in Gold Monitoring Thread £ GBP only
i see we broke £1,400 earlier
next step up, £1,500 ?? or back down to $400??
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mr-dead got a reaction from jultorsk in The coming Gold crash
the global financial problems won't end when the pandemic does
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mr-dead got a reaction from OneBlueSummer in The coming Gold crash
the global financial problems won't end when the pandemic does
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mr-dead got a reaction from Auricsstash in The coming Gold crash
the global financial problems won't end when the pandemic does
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mr-dead reacted to platinreloaded in Full Stack / Full Collection Photos
on the top we see 11 krugerrand goldcoins
followed from some other gold, silver and platinum coins and medaillons 🧐
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mr-dead got a reaction from daca in Full Stack / Full Collection Photos
Big Bars
Combi-Bars
Tiny Bars
Bullion 1oz ers (apart from a 50 peso + 1 X 1/2 of Britannia)
Proof 1oz QB's
Proof 100g gold panda
2017 proof sovs
Bullion sovs
King Phillip II of Spain gold Escudo cobs (doubloons) from 1556 - 1598
Silver stack
Proof 150g Panda
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mr-dead got a reaction from spookyandroid in Full Stack / Full Collection Photos
Big Bars
Combi-Bars
Tiny Bars
Bullion 1oz ers (apart from a 50 peso + 1 X 1/2 of Britannia)
Proof 1oz QB's
Proof 100g gold panda
2017 proof sovs
Bullion sovs
King Phillip II of Spain gold Escudo cobs (doubloons) from 1556 - 1598
Silver stack
Proof 150g Panda
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mr-dead got a reaction from daca in The coming Gold crash
The estimated production cost for an oz gold in 2020 is $920 - $940.
That figure is just getting it out of the ground, add in transport, refining, mintage, dealer costs etc. and I would love to see how $400 is achieveable unless you are paying a 250% premium on physical metal.
The pandemic may also be short lived but the long term impact and amount of new money pumped into the system will hang around substantially longer which should benefit gold.
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mr-dead got a reaction from AuricGoldfinger in The coming Gold crash
Similar to trying to rub everyone's face in the baseless belief that gold was going to $400 and everyone was going to lose their ass except him due to his superior intelligence and chart reading wizardry?
Fairly sure if the price was going the other way, which it may well do in these volatile times then it would be us in the meme
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mr-dead got a reaction from FlorinCollector in The coming Gold crash
If someone is stupid enough to bet the family silver on something as volatile as precious metals (or crypto) especially using leverage resulting in becoming homeless then they have bigger problems than a meme on a forum.
But enough of the fictitious scenarios to cause some drama
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mr-dead got a reaction from Oldun in The coming Gold crash
The estimated production cost for an oz gold in 2020 is $920 - $940.
That figure is just getting it out of the ground, add in transport, refining, mintage, dealer costs etc. and I would love to see how $400 is achieveable unless you are paying a 250% premium on physical metal.
The pandemic may also be short lived but the long term impact and amount of new money pumped into the system will hang around substantially longer which should benefit gold.
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mr-dead got a reaction from Oldun in The coming Gold crash
If someone is stupid enough to bet the family silver on something as volatile as precious metals (or crypto) especially using leverage resulting in becoming homeless then they have bigger problems than a meme on a forum.
But enough of the fictitious scenarios to cause some drama
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mr-dead got a reaction from Oldun in The coming Gold crash
Not really, people are responsible for their own actions. A joke on a forum will have no impact on his decission making and I certainly wouldn't lose any sleep over it.
For every winner there is a loser.
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mr-dead got a reaction from Oldun in The coming Gold crash
Similar to trying to rub everyone's face in the baseless belief that gold was going to $400 and everyone was going to lose their ass except him due to his superior intelligence and chart reading wizardry?
Fairly sure if the price was going the other way, which it may well do in these volatile times then it would be us in the meme