Золотишко

[Mikhael]

Госбанк Израиля ломится от золота
И кто такое пишет?
У Банка Израиля вообще нет золота, к сожалению. Только доллары. Пока это себя оправдывает, но, видимо, в ближайший год начнётся мировой кризис госдолгов, и валюты начнут обесцениваться относительно товаров и, в частности, золота.

[Mikhael]

The British Royal Mint is looking to sell more of its gold reserves in the form of gold bars for pension funds for the first time

[Mikhael]

GWA.v GWSAF Gowest Gold Nobody knows anything! Thats what Bob Moriarty titled his last book. Great book by the way!

This is insane. Gowest is actually in the process of going under ground to start the process of bringing up 40-50k ounces per year of high grade gold at an AISC of under $900.

Gowest is currently moving dirt, secured the mining contractor, ordered the ore sorter, has the financing for the project in the bank, permitting in place and the market still whiffs. One just needs to see what and how Harte Gold moved from .07 to .50 last 12 months and realise, its the same set up and a perfect comparable to Gowest Golds that is literally 30 KM down the road from Gowest.

At .17/shr, I think Gowest is a pretty safe bet.

Wow just checked the price, and their currently trading at .165
Nobody really knows Anything.

I get the development period is often quiet but in this case, shares are to cheap compared to the real value. Their going to rerate soon

[Mikhael]

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[Mikhael]

Orvana Minerals (ORV) Cheapest Gold Producer on the Planet!

With Orvana's April 20th news release on increased gold equivalent production, Orvana closed Friday at a valuation of $785 USD per ounce of quarterly gold equivalent production. That makes it the #1 cheapest junior gold producer.

Where can you buy a stock with a 48 percent increase in quarterly gold equivalent production from 19,879 gold equivalent ounces last quarter to 29,578 ounces of gold in calendar Q1 for 17 cents that is also the cheapest gold producer on the planet? Get the shares at 17 cents while you can because IMHO, this deal is not going to last long!

[Mikhael]

Плитка серебра или плитка шоколада?

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[Mikhael]

QUESTION: Mr. Armstrong; You are obviously the person worth listening to when it comes to gold. Every fundamental these people have argued to support gold has proven completely false. Confusion in gold is really very high. You have to be really stupid at this point to listen to this nonsense. Can you express any opinion on gold?

It would be very helpful



ANSWER: You are correct, that concerns over U.S.-Russian relations, coming talks on the Korean Peninsula, action in Syria over a suspected chemical weapons attacks and uneasiness over trade conflicts would normally be the battle cry to buy gold. Traditionally, this would form a cocktail of geopolitical uncertainty that would lead to screams buy gold! The uncertainty has not led to support for gold. They are proving to be a narrative that no longer seems to be factors for the bulls.

We have to understand one thing. The younger generations do not see gold as money as do the aging generation. The older generations remember being taught that is school and the days of the gold standard. The younger generation does not even bother with paper money and pays with their cell phones. This raising the question of whether gold will remain as a safe-haven instrument in the future if the younger generation does not even consider gold suitable for anything other than a trinket.

There are cycles to yet cycles. Just as we moved from gold to paper, we have then moved from paper to electronic. With each passing trend, there are always people who refuse to leave behind the old ideas and traditions. The real question will be will people even regard gold as anything but jewelry 300 years from now? Of course, there will be those who immediate will argue that gold has always been money. They are simply wrong. Money has been many things to many different societies. The real issue is not whether gold is money, silver, copper, bronze, seashells, sheepskins or cattle. The real question is will money be COMMODITY based (Tangible) with its roots in barter or will it be simply a representative of economic output that can be electronic? That is the real question.

When we look at these transition periods in the monetary system, we see how money takes shape of a representation of what it once was. The Minoans fashioned their bronze ingots in the shape of a sheepskin because that is what use to be a symbol of value before the Bronze Age. We see the same transition in Rome with ingots of bronze with a picture of a cow because cattle was once money.

The real question is blunt. Are we also passing from a COMMODITY based monetary system to purely electronic with the passing of the generations? Even the pitch that India buys gold because it is a tradition is starting to show it to moves with cycles. The younger generations do not share the same view of gold as the older generation. Things do change with the generations and the problem has always been that those of one generation judge the future ONLY by its own belief system. Do despite all the yelling and screaming that I was wrong and that gold would NEVER retest the $1,000 level, we have broken sharply falling to 1180 yesterday as we approach the pending Benchmarks in September.