Gold Monitoring Thread £ GBP only

[Gruff]

9 minutes ago, Richard82 said:

Russia is now the fastest growing economy in Europe 😂😂 thank you sanctions for keeping them in check 😂😂

Yep, all those really clever lap dogs in parliament taught a tough lesson to Putin

[apachebleu]

On 18/01/2024 at 16:53, Chronos said:

Hold the line, boys!

No retreat, no surrender!

  And it's back to r/cryptocurrecy for you.

[Richard82]

2 minutes ago, Gruff said:

Exactly, why should they pander to those countries that have no natural resources purely because historically they "ruled the waves" It'll take time but we will see a shift to a more commodity based market. As these countries grow in wealth and understanding they'll start to demand that they are transacted in with their currency as it is redeemable back to them in gold

The west will resort to war to stop it from happening. If Africa can come together over the next few years the the west is done.

China is building the belt and road project and is spending huge amounts  buying all the natural resources but is also investing in the country's with infrastructure. 

The west just destroy these countries.

In 20 years the west will be the poor one's and will be moving over there.

[Chronos]

Houthis Attack US-Owned Tankers, 3rd Time This Week, As Biden Admits Failure To Stop:

https://www.zerohedge.com/geopolitical/houthis-attack-us-owned-tankers-3rd-time-week-biden-admits-failure-stop

 

The Intrinsic Value Of Bitcoin And Gold:

https://www.zerohedge.com/crypto/intrinsic-value-bitcoin-and-gold

Edited January 19 by Chronos

[HonestMoneyGoldSilver]

6 minutes ago, Gruff said:

Exactly, why should they pander to those countries that have no natural resources purely because historically they "ruled the waves" It'll take time but we will see a shift to a more commodity based market. As these countries grow in wealth and understanding they'll start to demand that they are transacted in with their currency as it is redeemable back to them in gold

The world is a freak show. Some people consider this song to be imperialist or racist propaganda. They forget that not too long ago WE WERE SLAVES. Our Navy and our military forces freed Britain from slavery, that is what this song is about.

Our Christian religion gave us Common Law and this is the foundation that made us and makes us great, both of these are strong themes in 'Rule Britannia'. You can be as resource rich as you want, you can be like the Qataris or Saudis and have more cash than western nations, but without the western societal values and rule of law, those countries are still 'developing' regardless of their perceived wealth

I wonder if we could turn back the clock what would we do about the British Empire, gold and global governance. There is more slavery in 2023 globally than there was in 1807 (British Abolition of the Slave Trade Act) or 1833 (Slavery Abolition Act)

 

[HonestMoneyGoldSilver]

Having gold as a Tier-1 asset along with silver is a huge boost for developing nations though. The price of gold is the same the world over but the cost of living is radically different

Current price of gold: £1598.70/$2027.75

[Richard82]

2 minutes ago, HonestMoneyGoldSilver said:

The world is a freak show. Some people consider this song to be imperialist or racist propaganda. They forget that not too long ago WE WERE SLAVES. Our Navy and our military forces freed Britain from slavery, that is what this song is about.

Our Christian religion gave us Common Law and this is the foundation that made us and makes us great, both of these are strong themes in 'Rule Britannia'. You can be as resource rich as you want, you can be like the Qataris or Saudis and have more cash than western nations, but without the western societal values and rule of law, those countries are still 'developing' regardless of their perceived wealth

I wonder if we could turn back the clock what would we do about the British Empire, gold and global governance. There is more slavery in 2023 globally than there was in 1807 (British Abolition of the Slave Trade Act) or 1833 (Slavery Abolition Act)

 

They've not been a loud to develop, the west made sure of that.

India had one of the biggest economy in the world and look what we left them. Estimated at over 45 trillion worth of wealth stolen by us brits. 

 

[JohnA1]

1 hour ago, HonestMoneyGoldSilver said:

What about the BRICS currency and trade between BRICS nations? 

Our entire financial system used to be priced in gold up until 1971. Excluding the BRICS, gold has officially joined with the USD as the only Tier-1 asset in the world. Gold is money, always has been, always will be. Crypto is not and BTC has dropped its claim of being "currency", preferring the misnomer of "digital gold" these days. Who knows what it will identify as tomorrow

Hell yeah. The original definition of the dollar (before it was defined in gold weight) was 371.25 grains (troy) of fine silver

 

As for the Pound Sterling, well...😄

Edited January 19 by JohnA1

[HonestMoneyGoldSilver]

Just now, Richard82 said:

They've not been a loud to develop, the west made sure of that.

India had one of the biggest economy in the world and look what we left them. Estimated at over 45 trillion worth of wealth stolen by us brits. 

 

The British Empire had many faults but like capitalism, it had less faults than any other system. You are of course correct but the British also stopped the living brides of men being burned on the funeral pyre along with their dead husbands. The Imperial Cities of Delhi and Kolkata are still the heart of Indian economic power. The worst thing we did to India was probably Partition

[Guest]

8 minutes ago, Richard82 said:

look what we left them.

A country

[Roy]

9 minutes ago, Richard82 said:

India had one of the biggest economy in the world and look what we left them. 

A decent rail network?

I take your point.

Back to gold?

[Guest]

31 minutes ago, Richard82 said:

The west will resort to war to stop it from happening. If Africa can come together over the next few years the the west is done.

China is building the belt and road project and is spending huge amounts  buying all the natural resources but is also investing in the country's with infrastructure. 

The west just destroy these countries.

In 20 years the west will be the poor one's and will be moving over there.

So bad are the west, so good China, blah blah blah, you make no mistake which side you're on eh?

[Richard82]

2 minutes ago, SeverinDigsSovereigns said:

So bad are the west, so good China, blah blah blah, you make no mistake which side you're on eh?

No sides, just facts. Would you take destruction and debts or infrastructure and wealth.

 

5 minutes ago, Roy said:

A decent rail network?

I take your point.

Back to gold?

Railways to transport wealth out of the country?

[Richard82]

8 minutes ago, SeverinDigsSovereigns said:

A country

They was a very successful country before we came.

[Guest]

34 minutes ago, Richard82 said:

The west will resort to war to stop it from happening. If Africa can come together over the next few years the the west is done.

China is building the belt and road project and is spending huge amounts  buying all the natural resources but is also investing in the country's with infrastructure. 

The west just destroy these countries.

In 20 years the west will be the poor one's and will be moving over there.

The Belt and Road thing is a backdoor for rich CCP officials to launder money, because it bypassed the strict FX restrictions.

It also ensnared the recipients in debts they can't repay and China can seize their infrastructure.

China had invaded Korea, India, Vietnam, supported the murderous Khmer Rouge

China still systematically supresses civil liberties of its own citizens. China still persecutes Christians, Muslims, and other religious groups. China still culturally erases the Uyghurs, Mongols, etc, etc.

If China is anything of a role model to you, you have serious problems.

[Guest]

5 minutes ago, Richard82 said:

They was a very successful country before we came.

Fact 1: India was not a country per se. It was a collection of princely states loosely ruled under a foreign ruler.

Fact 2: Before British came they were ruled by the Muslims (Mughal Empire). The last native ruler was quite a long time ago. Any (anti-west) Indian nationalist will tell you the same.

 

Edited January 19 by SeverinDigsSovereigns

[Richard82]

Just now, SeverinDigsSovereigns said:

The Belt and Road thing is a backdoor for rich CCP officials to launder money, because it bypassed the strict FX restrictions.

It also ensnared the recipients in debts they can't repay and China can seize their infrastructure.

China had invaded Korea, India, Vietnam, supported the murderous Khmer Rouge

China still systematically supresses civil liberties of its own citizens. China still persecutes Christians, Muslims, and other religious groups. China still culturally erases the Uyghurs, Mongols, etc, etc.

If China is anything of a role model to you, you have serious problems.

Just change China for USA and its the same thing.

Where has the US and it's partners left a country thriving? Syria, Libya, Iraq, Afghanistan, Vietnam etc?

[Guest]

3 minutes ago, Richard82 said:

Just change China for USA and its the same thing.

Where has the US and it's partners left a country thriving? Syria, Libya, Iraq, Afghanistan, Vietnam etc?

Whataboutism at its best. The typical propagandist tactic saying all the bad things USA had done (yes, they may well have), then conveniently forget to give China a mention. When China is being criticised conveniently bring up the Americans.  Propagandists typically omit certain aspects of the full picture to highlight their desired "fact". 

Always easier to manipulate minds by keeping info out than feeding it in.

Edited January 19 by SeverinDigsSovereigns

[James32]

who changed the TV licence debate without warning?!

[Guest]

9 minutes ago, Richard82 said:

No sides, just facts. Would you take destruction and debts or infrastructure and wealth.

 

I prefer not forcefully disappear and lobotomised for criticising the Supreme leader online.

[JohnA1]

19 minutes ago, HonestMoneyGoldSilver said:

..stopped the living brides of men being burned on the funeral pyre along with their dead husbands. ..

...giving them another chance to poison the next husband...

There's a reason things are done in a particular way in each culture

[JohnA1]

3 minutes ago, James32 said:

who changed the TV licence debate without warning?!

The Current Occupier

[Brit2023]

44 minutes ago, Richard82 said:

The west will resort to war to stop it from happening. If Africa can come together over the next few years the the west is done.

China is building the belt and road project and is spending huge amounts  buying all the natural resources but is also investing in the country's with infrastructure. 

The west just destroy these countries.

In 20 years the west will be the poor one's and will be moving over there.

Gadaffi was not far short of galvanising the African nations before the west decided he was a tyrant 🔫. 💣

result destabilisation no African stock exchange.

Everybody has their agenda….including stackers😵‍💫

 

[GoldDiggerDave]

[Guest]

1 minute ago, JohnA1 said:

...giving them another chance to poison the next husband...

There's a reason things are done in a particular way in each culture

Like genital mutilation, wife beating, lynching, chopping bits off, ish... Doesn't hurt if you are not part of the culture, and may well leave them alone. But then the more moral of us wouldn't be happy. We get criticised for taking actions, we also get criticised for not taking action. Bit like the banks aren't we...