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Bumble

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Reputation Activity

  1. Like
    Bumble got a reaction from GoldStandardPartyUK in Chart Of The Day thread   
  2. Haha
    Bumble got a reaction from Stacktastic in Chart Of The Day thread   
  3. Like
    Bumble got a reaction from JunkBond in Uranium - talk to me people :)   
    Sprott Inc has now completed its takeover of the North Shore Global Uranium Mining ETF (URNM). It will be run as Sprott Uranium Miners ETF. Given Sprott's big client base, it is plausible to suppose that it will attract quite a bit of investment interest, so it should be a good way to get a broad exposure to uranium miners. Sprott already own Sprott Physical Uranium Trust Fund (SRUUF) which owns uranium directly.
  4. Like
    Bumble got a reaction from GoldenGriffin in Chart Of The Day thread   
  5. Like
    Bumble got a reaction from MancunianStacker in How is inflation effecting you in 2022?   
    Τα δάνεια δούλους τους ελευθέρους ποιεί.
    Loans make slaves out of free men.
    - Menander (Greek dramatist, 4th century BCE)
  6. Like
    Bumble got a reaction from adamantio999 in It’s Gold Jim, but not as we know it   
    Gold is a chemical element, so you can't make it from other elements, except by a nuclear reaction. That is so expensive, it is unlikely to be commercially viable any time in the near future.
    There are asteroids that are mostly gold, so one possibility for getting lots of gold is to mine such an asteroid and return the product to Earth. This is still highly difficult and expensive, though it might become feasible later this century.
    Another possibility is extracting minerals including gold by electrolysis of seawater. Again, the problem is expense. For this to become feasible, we would need to crack the problem of generating electricity from fusion power or from some other very cheap source. 
  7. Like
    Bumble got a reaction from MancunianStacker in It’s Gold Jim, but not as we know it   
    Gold is a chemical element, so you can't make it from other elements, except by a nuclear reaction. That is so expensive, it is unlikely to be commercially viable any time in the near future.
    There are asteroids that are mostly gold, so one possibility for getting lots of gold is to mine such an asteroid and return the product to Earth. This is still highly difficult and expensive, though it might become feasible later this century.
    Another possibility is extracting minerals including gold by electrolysis of seawater. Again, the problem is expense. For this to become feasible, we would need to crack the problem of generating electricity from fusion power or from some other very cheap source. 
  8. Like
    Bumble got a reaction from Zhorro in It’s Gold Jim, but not as we know it   
    Gold is a chemical element, so you can't make it from other elements, except by a nuclear reaction. That is so expensive, it is unlikely to be commercially viable any time in the near future.
    There are asteroids that are mostly gold, so one possibility for getting lots of gold is to mine such an asteroid and return the product to Earth. This is still highly difficult and expensive, though it might become feasible later this century.
    Another possibility is extracting minerals including gold by electrolysis of seawater. Again, the problem is expense. For this to become feasible, we would need to crack the problem of generating electricity from fusion power or from some other very cheap source. 
  9. Like
    Bumble reacted to Stacktastic in Chart Of The Day thread   
  10. Like
    Bumble got a reaction from Solly in Palladium Price Hits Record High Price in GBP £ Sterling   
    Russia is the largest producer and exporter of palladium. Sanctions will mean buyers will need to buy from South Africa, which is the second largest, or from smaller producers in other countries. The main use of palladium is for catalytic converters for petrol (gasoline) vehicles, so demand is still high, though it will decline over the next few years as battery vehicles become more common.
  11. Like
    Bumble got a reaction from Gordy in Palladium Price Hits Record High Price in GBP £ Sterling   
    Russia is the largest producer and exporter of palladium. Sanctions will mean buyers will need to buy from South Africa, which is the second largest, or from smaller producers in other countries. The main use of palladium is for catalytic converters for petrol (gasoline) vehicles, so demand is still high, though it will decline over the next few years as battery vehicles become more common.
  12. Like
    Bumble got a reaction from James32 in Palladium Price Hits Record High Price in GBP £ Sterling   
    Russia is the largest producer and exporter of palladium. Sanctions will mean buyers will need to buy from South Africa, which is the second largest, or from smaller producers in other countries. The main use of palladium is for catalytic converters for petrol (gasoline) vehicles, so demand is still high, though it will decline over the next few years as battery vehicles become more common.
  13. Like
    Bumble got a reaction from modofantasma in Palladium Price Hits Record High Price in GBP £ Sterling   
    Russia is the largest producer and exporter of palladium. Sanctions will mean buyers will need to buy from South Africa, which is the second largest, or from smaller producers in other countries. The main use of palladium is for catalytic converters for petrol (gasoline) vehicles, so demand is still high, though it will decline over the next few years as battery vehicles become more common.
  14. Like
    Bumble got a reaction from Zhorro in Palladium Price Hits Record High Price in GBP £ Sterling   
    Russia is the largest producer and exporter of palladium. Sanctions will mean buyers will need to buy from South Africa, which is the second largest, or from smaller producers in other countries. The main use of palladium is for catalytic converters for petrol (gasoline) vehicles, so demand is still high, though it will decline over the next few years as battery vehicles become more common.
  15. Thanks
    Bumble got a reaction from LawrenceChard in Palladium Price Hits Record High Price in GBP £ Sterling   
    Russia is the largest producer and exporter of palladium. Sanctions will mean buyers will need to buy from South Africa, which is the second largest, or from smaller producers in other countries. The main use of palladium is for catalytic converters for petrol (gasoline) vehicles, so demand is still high, though it will decline over the next few years as battery vehicles become more common.
  16. Haha
    Bumble got a reaction from Roy in Uranium - talk to me people :)   
    According to astronomers, the diameter of Uranus is bigger than the diameter of Mars, though personally I've never been curious enough to try it.
  17. Like
    Bumble got a reaction from Tn21 in Chart Of The Day thread   
    I was playing around with the Ngram feature on Google Books. It allows you to search for the use of a word or expression and plot how common its use was in publications. Searching on "gold standard" shows a peak around 1870-1905, which was a time when many countries followed the UK onto the gold standard (Germany in effect in 1871, and the USA in 1900). A second larger peak occurred in the 1930s, topping in 1933, which was the year of FDR's infamous Executive Order 6102 banning private ownership of gold in the USA. The dog that didn't bark was an absence of any response to Nixon ending the Bretton Woods agreement in 1971. Finally, a growing interest from the 1990s to the present.
     

  18. Like
    Bumble got a reaction from Tn21 in Chart Of The Day thread   
  19. Like
    Bumble got a reaction from Tn21 in Chart Of The Day thread   
  20. Like
    Bumble got a reaction from Griffo in How is inflation effecting you in 2022?   
    Τα δάνεια δούλους τους ελευθέρους ποιεί.
    Loans make slaves out of free men.
    - Menander (Greek dramatist, 4th century BCE)
  21. Like
    Bumble got a reaction from dikefalos in How is inflation effecting you in 2022?   
    Τα δάνεια δούλους τους ελευθέρους ποιεί.
    Loans make slaves out of free men.
    - Menander (Greek dramatist, 4th century BCE)
  22. Like
    Bumble got a reaction from GoldDiggerDave in How is inflation effecting you in 2022?   
    Τα δάνεια δούλους τους ελευθέρους ποιεί.
    Loans make slaves out of free men.
    - Menander (Greek dramatist, 4th century BCE)
  23. Like
    Bumble got a reaction from Roy in How is inflation effecting you in 2022?   
    Τα δάνεια δούλους τους ελευθέρους ποιεί.
    Loans make slaves out of free men.
    - Menander (Greek dramatist, 4th century BCE)
  24. Like
    Bumble got a reaction from Griffo in How is inflation effecting you in 2022?   
    Those houses are in Welbeck Avenue, High Brooms, Tunbridge Wells. According to movethemarket.com houses in that street now sell for upwards of £300,000.
    I don't know the area, but from the look of the design, they were probably built in the 1930s. That gives a compound rate of gain of about 7% to 8% per annum.
  25. Like
    Bumble got a reaction from GoldStandardPartyUK in How is inflation effecting you in 2022?   
    Those houses are in Welbeck Avenue, High Brooms, Tunbridge Wells. According to movethemarket.com houses in that street now sell for upwards of £300,000.
    I don't know the area, but from the look of the design, they were probably built in the 1930s. That gives a compound rate of gain of about 7% to 8% per annum.
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