Garpal Gumnut
Ross Island Hotel
- Joined
- 2 January 2006
- Posts
- 13,684
- Reactions
- 10,265
A correspondent ( not an ASF member ) contacted me who believed 2835 is a Fibonacci number where starting from 0 and 1. That is Fn = Fn-1 + Fn-2, where F0 = 0, F1 = 1, and n≥2.Good afternoon gold believers
RBC Capital Markets told clients on Monday it expects records to keep falling, lifting its 2025 average gold price forecast to $US2835 an ounce (cited AFR Alex Gluyas electronic article 09/09/24).
Kind regards
rcw1
Thank you for that Garpal Gumnut, rcw1 takes that as read .... rcw1 aint the smartest tool in the shed, so will hafta believe ya bloke.A correspondent ( not an ASF member ) contacted me who believed 2835 is a Fibonacci number where starting from 0 and 1. That is Fn = Fn-1 + Fn-2, where F0 = 0, F1 = 1, and n≥2.
It is not. The next Fib number is 2584 and then 4181.
gg
Save your shoulders.Thank you for that Garpal Gumnut, rcw1 takes that as read .... rcw1 aint the smartest tool in the shed, so will hafta believe ya bloke.
Got very sore shoulders at the moment cause digging a deeper hole for rcw1 gold ha ha ha ha ha ha and rcw1 still thinking am 21 ... the mind is strong but da body is lacking in response....
Have a very nice evening @Garpal Gumnut
Kind regards
rcw1
ha ha ha ha ha ha rcw1 likes you mullokintyre thats really funny ... hole is a tad deeper than @Garpal Gumnut hole in the ground ha ha ha ha ha ... but the lad used an excavator whilst silly rcw1 used a pick and shovel ha ha ha haha made for a nice thirst though ....Save your shoulders.
How deep is the hole?
I have a range of holes in storage that I could sell to you for a very reasonable price.
Our deepest range is 3 metres (shipping gets difficult when its deeper than m).
Widest is 1.5 meters in diameter.
We can ship square holes, but they have to be made to order, and there is currently a long lead time.
Mick
Sorry to break it to you Mick but you may have left your holes in storage for to long, now making them a hard sell.I have a range of holes in storage that I could sell to you for a very reasonable price.
Look, these are quality holes, NOS holes to be exact.Sorry to break it to you Mick but you may have left your holes in storage for to long, now making them a hard sell.
A quick search of the interweb revealed all new holes now come with an autofill function
All the best
bux
These holes are designed to be still around when Australia becomes a republic.
Yogi Bera. In this recent post, analysis of London Bullion Market Association (LBMA) data indicates that the London silver market, the world’s largest physical silver trading market, has an open interest of total standing claims of between 4.3 billion (B) oz. and 6.4B oz. in its spot/cash market.
At July 31, 2024, the total prior silver float in London vaults stood at 0.336B oz. or 10,440 tonnes.
Consider that of that 0.309B oz. in London vaults, the large majority of the London vaulted silver is closely held and not available to market.
Figure 1 - London Vaulted Silver Holdings; data source: LBMA, chart by goldchartsRus.com Limited physical silver and gold holdings in London’s vaults and the mad paper leverage of claims created on these physical bars created with oversight by the Bank of England gives false pricing and gearing that can rapidly lead to default by the bullion banks that have sold these ownership claims for metal bars into the global financial market. |
and here i was , going to sell him a used ( manual ) post hole diggerSave your shoulders.
How deep is the hole?
I have a range of holes in storage that I could sell to you for a very reasonable price.
Our deepest range is 3 metres (shipping gets difficult when its deeper than m).
Widest is 1.5 meters in diameter.
We can ship square holes, but they have to be made to order, and there is currently a long lead time.
Mick
used plenty of them in rcw1 younger days fencing and stuff... still paying for it !! anyways, gold is good, US $2,568.20 and ... on and on it goes blokeand here i was , going to sell him a used ( manual ) post hole digger
although i am no fan of cryptos , i do watchGold starting to go mainstream:
View attachment 184243View attachment 184242
Meanwhile MSTR and Mr Saylor seem to be cornering the market a la the Hunt brothers in BTC:
View attachment 184241
Full: https://www.theblock.co/post/316397/microstrategy-buys-18300-bitcoins?modal=newsletter
There will come a point soon where gold moves up in $100 surges.
View attachment 184244
That day is getting closer.
But the REAL money will be made when the Treasury is forced to revalue gold. That's when you get the price jump made in thousands of dollars overnight.
jog on
duc
It certainly would be nice for us Gold BugsSchiff has been a gold bull for a while but this is a bit off the charts.
(Kitco News) - Gold could reach $10,000 an ounce if Vice President Kamala Harris wins the U.S. November election, said Peter Schiff, chairman of SchiffGold and founder & chief market strategist of Europe Pacific Asset Management.
"If Kamala Harris is president, we got no chance of doing the right thing," Schiff said. "The debt will increase exponentially … We'll be at $40 trillion. We could easily be at $50 trillion of total national debt during her first term if we're doing $4 or $5 trillion of debt per year. She is going to try to blame all the problems that the government created on capitalism and use that as an excuse to implement socialist policies."
Gold price to surge to $10k under Harris administration - Peter Schiff
The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.www.kitco.com
Schiff has been a gold bull for a while but this is a bit off the charts.
(Kitco News) - Gold could reach $10,000 an ounce if Vice President Kamala Harris wins the U.S. November election, said Peter Schiff, chairman of SchiffGold and founder & chief market strategist of Europe Pacific Asset Management.
"If Kamala Harris is president, we got no chance of doing the right thing," Schiff said. "The debt will increase exponentially … We'll be at $40 trillion. We could easily be at $50 trillion of total national debt during her first term if we're doing $4 or $5 trillion of debt per year. She is going to try to blame all the problems that the government created on capitalism and use that as an excuse to implement socialist policies."
Gold price to surge to $10k under Harris administration - Peter Schiff
The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.www.kitco.com
Mr Sean,
Not an outrageous prediction:
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