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Reputation Activity
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AuricGoldfinger reacted to bobski in Gold Monitoring Thread £ GBP only
*You're
No potato here, Just English please
I'm going to heat up some of my lucky French onion soup. Should give spot price a boost
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AuricGoldfinger reacted to Xander in Today I Received.....
Received Today. 1oz Gold Britannia from @Silverman2U Lovely coin. Cheers mate.👍
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AuricGoldfinger reacted to Bratnia in Gold Monitoring Thread £ GBP only
No, our family (sur)name is Ker. Wong is my sister, the eldest of us three. My brother Wayne is the youngest. I'm Plonk, in the middle.
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AuricGoldfinger got a reaction from Gruff in Gold Monitoring Thread £ GBP only
Tick, tick, tick…..BOOM 💥
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AuricGoldfinger got a reaction from stefffana in Gold Monitoring Thread £ GBP only
Down it goes….
….Until it goes back up.
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AuricGoldfinger reacted to Dalriada83 in Gold Monitoring Thread £ GBP only
I bloody hope not - I just spent next weeks cigar money on one!
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AuricGoldfinger reacted to modofantasma in Gold Monitoring Thread £ GBP only
Bulls breath we're in the gold monitoring thread
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AuricGoldfinger reacted to dicker in Gold Monitoring Thread £ GBP only
Can I suggest Google? It’s a great way to find information…
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AuricGoldfinger reacted to Petra in Gold Monitoring Thread £ GBP only
I think this is the wrong thread for all of these great theories .. you need to join people on the ever long lasting Covid thread you can then exchange theories until they all link together and make you all happy.
Fort Knox 😮🤔 I once knew a man, who had been told that ……🤔😮😮👀👀👀
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AuricGoldfinger reacted to Happypanda88 in Gold Monitoring Thread £ GBP only
Some background information for those who still believe that there is gold in Fort Knox.
1. No audit has been performed at Fort Knox since 1950s. Some in the bullion industry have highlighted this and are highly sceptical that there is real stuff in the vault
2. Gold (400oz bars) shipped to Hong Kong, believed to have originated from the US were filled with tungsten. It was uncovered when assaying was performed and it broke the drill
Rob Kirby, one of my favourite market analyst who sadly passed away wrote about item #2 some years ago.
http://www.marketoracle.co.uk/Article14996.html
........ reports of 400 oz. “good delivery” bricks of gold found gutted and filled with tungsten within the confines of LBMA approved vaults in Hong Kong.
Why Tungsten?
If anyone were contemplating creating “fake” gold bars, tungsten [at roughly $10 per pound] would be the metal of choice since it has the exact same density as gold making a fake bar salted with tungsten indistinguishable from a solid gold bar by simply weighing it.
Unfortunately, there are now more sordid details to report. When the news of tungsten “salted” gold bars in Hong Kong first surfaced, many people who I am acquainted with automatically assumed that these bars were manufactured in China – because China is generally viewed as “the knock-off capital of the world”.
Here’s what I now understand really happened:
The amount of “salted tungsten” gold bars in question was allegedly between 5,600 and 5,700 – 400 oz – good delivery bars [roughly 60 metric tonnes]. This was apparently all highly orchestrated by an extremely well financed criminal operation. Within mere hours of this scam being identified – Chinese officials had many of the perpetrators in custody.
And here’s what the Chinese allegedly uncovered:
Roughly 15 years ago – during the Clinton Administration [think Robert Rubin, Sir Alan Greenspan and Lawrence Summers] – between 1.3 and 1.5 million 400 oz tungsten blanks were allegedly manufactured by a very high-end, sophisticated refiner in the USA [more than 16 Thousand metric tonnes]. Subsequently, 640,000 of these tungsten blanks received their gold plating and WERE shipped to Ft. Knox and remain there to this day. I know folks who have copies of the original shipping docs with dates and exact weights of “tungsten” bars shipped to Ft. Knox.
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AuricGoldfinger reacted to Stacktastic in Gold Monitoring Thread £ GBP only
Kind of as I sold a a few ounces in march last year in the banking crisis. Yeah I called that top badly!
I did sell a number of coins at decent profit. One was a veiente Peso I bought for £750 I think!
However - I put that into mining stocks, gold & silver ETF's which have done good. Sold them all now.
I will exit my palladium at 0% as its still currently -5% if it moves up, but happy to hold that as its so undervalued IMO.
I put a lot more into tech stock shorts not realising the effect of the banking bail outs.
This looks like its coming back in now after 9 months of nail biting as they are all x3 leverage!!
I have also bought back the same amount of gold on the dips.
I dont hold a lot of physical gold at any time as I dont have a lot of money.
I have a wheel barrow of silver I will sell like a shot if it blows up suddenly.