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Re: Silver & Gold!!! [Re: Marty] #8116498
04/07/24 10:51 AM
04/07/24 10:51 AM
Joined: Mar 2010
Posts: 5,958
2A Sanctuaries-W. OK & N. NM
Blaine County Offline
trapper
Blaine County  Offline
trapper

Joined: Mar 2010
Posts: 5,958
2A Sanctuaries-W. OK & N. NM
Mine was voluntary. Wanted some peace and quiet.

Re: Silver & Gold!!! [Re: Boco] #8116514
04/07/24 11:37 AM
04/07/24 11:37 AM
Joined: Dec 2014
Posts: 2,486
Tug Hill, NY
S
Squash Offline
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Squash  Offline
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Posts: 2,486
Tug Hill, NY
Originally Posted by Boco
US gubmint is buying up lots of gold.
Probably that is driving up the price.
Must be a mountain of it in fort knox by now.


HaHa, I doubt there is much if any gold in Fort Knox. It was drained years ago, that’s why Nixon took the US $ off the gold standard.


Last edited by Squash; 04/07/24 11:40 AM.
Re: Silver & Gold!!! [Re: Marty] #8116539
04/07/24 12:17 PM
04/07/24 12:17 PM
Joined: Dec 2006
Posts: 29,972
williamsburg ks
D
danny clifton Offline
"Grumpy Old Man"
danny clifton  Offline
"Grumpy Old Man"
D

Joined: Dec 2006
Posts: 29,972
williamsburg ks
TEOTWAWKI I am not going to flee. If its my turn to die I would rather take it than to subsist on lamb quarter, sting weed, bugs and rodents. I am too old for that nonsense.


Those who would give up essential liberty, to purchase a little temporary safety, deserve neither liberty nor safety. Benjamin Franklin (1706-1790)
Re: Silver & Gold!!! [Re: Marty] #8116647
04/07/24 03:10 PM
04/07/24 03:10 PM
Joined: Jan 2014
Posts: 21,097
North East Kansas
Marty Offline OP
trapper
Marty  Offline OP
trapper

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Posts: 21,097
North East Kansas
If a nuke hit 500 miles north of you and the wind was blowing it to you you would stay home?


E
'Honey Badger Militia'
Sleep, the anti woke adote.
Re: Silver & Gold!!! [Re: Marty] #8116657
04/07/24 03:30 PM
04/07/24 03:30 PM
Joined: Dec 2006
Posts: 29,972
williamsburg ks
D
danny clifton Offline
"Grumpy Old Man"
danny clifton  Offline
"Grumpy Old Man"
D

Joined: Dec 2006
Posts: 29,972
williamsburg ks
Nuke will likely hit Wichita and Omaha if it happens. Hit Colorado Springs NORAD and Wright-Patterson in OH. So which way can you go?


Those who would give up essential liberty, to purchase a little temporary safety, deserve neither liberty nor safety. Benjamin Franklin (1706-1790)
Re: Silver & Gold!!! [Re: Marty] #8116695
04/07/24 04:22 PM
04/07/24 04:22 PM
Joined: Jan 2014
Posts: 21,097
North East Kansas
Marty Offline OP
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Marty  Offline OP
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Could just be one. Could be an accident. Maybe a nuke power plant. Anything can happen.


E
'Honey Badger Militia'
Sleep, the anti woke adote.
Re: Silver & Gold!!! [Re: Marty] #8116705
04/07/24 04:32 PM
04/07/24 04:32 PM
Joined: Jan 2014
Posts: 3,249
Co.-Wy. part time AK.
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wy.wolfer Offline
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Posts: 3,249
Co.-Wy. part time AK.
Just Google this "China buying gold". They are wanting to become the world's reserve currency at some point and bump the USD out of top spot. The Arabs are accepting Yuan for oil now, something that China used to have to pay for in USD. I doubt it will happen in the next couple years, but that would put U.S. currency on a par with some severe debtor nations currency, because we have 36 trillion of debt and nothing but good intentions to back it up with. Again, it won't happen soon, but we are on that path.

Re: Silver & Gold!!! [Re: Marty] #8116768
04/07/24 05:59 PM
04/07/24 05:59 PM
Joined: May 2010
Posts: 10,532
MN
S
Steven 49er Offline
trapper
Steven 49er  Offline
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S

Joined: May 2010
Posts: 10,532
MN
Central banks are gobbling up gold, although not the US.

The BRICS coalition is getting larger every day and are tired of the weaponization of the USD.

Al, I don't think it will be much longer and they will attempt a gold/commodities backed currency for international trade. Less than 5 years is plausible IMHO


"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
Re: Silver & Gold!!! [Re: Steven 49er] #8116770
04/07/24 06:01 PM
04/07/24 06:01 PM
Joined: Jan 2014
Posts: 21,097
North East Kansas
Marty Offline OP
trapper
Marty  Offline OP
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Joined: Jan 2014
Posts: 21,097
North East Kansas
Originally Posted by Steven 49er
Central banks are gobbling up gold, although not the US.

The BRICS coalition is getting larger every day and are tired of the weaponization of the USD.

Al, I don't think it will be much longer and they will attempt a gold/commodities backed currency for international trade. Less than 5 years is plausible IMHO


Yup. That's why our government wants war with russia.


E
'Honey Badger Militia'
Sleep, the anti woke adote.
Re: Silver & Gold!!! [Re: Steven 49er] #8116779
04/07/24 06:15 PM
04/07/24 06:15 PM
Joined: Aug 2011
Posts: 45,616
james bay frontierOnt.
B
Boco Offline
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Boco  Offline
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Posts: 45,616
james bay frontierOnt.
Originally Posted by Steven 49er
Central banks are gobbling up gold, although not the US.

The BRICS coalition is getting larger every day and are tired of the weaponization of the USD.

Al, I don't think it will be much longer and they will attempt a gold/commodities backed currency for international trade. Less than 5 years is plausible IMHO

Dont kid yourself,the USA is the biggest customer for Gold from the mines in Canada.
My son works at one of the bigger ones and the USA buys 80% of the production.
I bet it is the same with all the other gold mines here.
The UK is also a huge customer for gold from here.
Those Brics clowns will be in for a big surprize when they find out how much gold is actually held by the USA.

Last edited by Boco; 04/07/24 06:16 PM.

Forget that fear of gravity-get a little savagery in your life.
Re: Silver & Gold!!! [Re: Marty] #8116786
04/07/24 06:23 PM
04/07/24 06:23 PM
Joined: Jan 2023
Posts: 1,624
Pennsylvania
elsmasho82 Offline
trapper
elsmasho82  Offline
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Joined: Jan 2023
Posts: 1,624
Pennsylvania
I think bars of silver or gold would be so classy…
And a mansion with a big study and overstuffed armchairs and a polar bear rug and a couple Irish wolfhounds. And maybe a hedge labyrinth in the garden.
Champagne taste n beer money

Re: Silver & Gold!!! [Re: Marty] #8116797
04/07/24 06:41 PM
04/07/24 06:41 PM
Joined: May 2010
Posts: 10,532
MN
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
Posts: 10,532
MN
BOCO, the US may very well buy the bulk of Canadian gold but it isn't the US government.

FYI China produces the most gold followed by Russia and Australia. China is also the largest consumer of gold


"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
Re: Silver & Gold!!! [Re: Marty] #8116801
04/07/24 06:43 PM
04/07/24 06:43 PM
Joined: May 2010
Posts: 10,532
MN
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
Posts: 10,532
MN
BOCO, the US may very well buy the bulk of Canadian gold but it isn't the US government.

FYI China produces the most gold followed by Russia and Australia. China is also the largest consumer of gold

Screenshot_20240407-174236.png

"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
Re: Silver & Gold!!! [Re: Marty] #8116802
04/07/24 06:44 PM
04/07/24 06:44 PM
Joined: Aug 2011
Posts: 45,616
james bay frontierOnt.
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Boco Offline
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Boco  Offline
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james bay frontierOnt.
Yes it is the US govt that buys from Detour mine.
All they can get.

Now show the other chart that shows the amount in reserve.
And dont think that what they say is what they do.

Do you only believe what you want to believe when the gubmint tells you,lol.

Last edited by Boco; 04/07/24 06:49 PM.

Forget that fear of gravity-get a little savagery in your life.
Re: Silver & Gold!!! [Re: Marty] #8116807
04/07/24 06:48 PM
04/07/24 06:48 PM
Joined: May 2010
Posts: 10,532
MN
S
Steven 49er Offline
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Steven 49er  Offline
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Joined: May 2010
Posts: 10,532
MN
Do you have any paperwork to prove it?


"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
Re: Silver & Gold!!! [Re: Steven 49er] #8116810
04/07/24 06:50 PM
04/07/24 06:50 PM
Joined: Aug 2011
Posts: 45,616
james bay frontierOnt.
B
Boco Offline
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Boco  Offline
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Posts: 45,616
james bay frontierOnt.
My son works at the mine and knows who buys the gold.
Detour produces 5 million per day-most to the US gubmint.
Likely the same with all the other mines owned by Agnico.

Last edited by Boco; 04/07/24 06:51 PM.

Forget that fear of gravity-get a little savagery in your life.
Re: Silver & Gold!!! [Re: Marty] #8116812
04/07/24 06:52 PM
04/07/24 06:52 PM
Joined: May 2010
Posts: 10,532
MN
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
Posts: 10,532
MN
Anecdotal evidence isn't good enough.

What do you think happens to the fold exported to the UK?


"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
Re: Silver & Gold!!! [Re: Marty] #8116815
04/07/24 06:53 PM
04/07/24 06:53 PM
Joined: Aug 2011
Posts: 45,616
james bay frontierOnt.
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Boco Offline
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Boco  Offline
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Posts: 45,616
james bay frontierOnt.
Not anecdotal,my son works there and knows where the gold goes.
Simple as that.
I dont care if you believe it or not.
I know,

Last edited by Boco; 04/07/24 06:55 PM.

Forget that fear of gravity-get a little savagery in your life.
Re: Silver & Gold!!! [Re: Steven 49er] #8116832
04/07/24 07:08 PM
04/07/24 07:08 PM
Joined: Aug 2008
Posts: 16,317
ny
U
upstateNY Online content
trapper
upstateNY  Online Content
trapper
U

Joined: Aug 2008
Posts: 16,317
ny
Originally Posted by Steven 49er
Do you have any paperwork to prove it?

He doesn't know any more about Gold than he does being a Doctor.Hahahaaaa grin


the wheels of the gods turn very slowly
Re: Silver & Gold!!! [Re: Boco] #8116837
04/07/24 07:14 PM
04/07/24 07:14 PM
Joined: Jan 2014
Posts: 21,097
North East Kansas
Marty Offline OP
trapper
Marty  Offline OP
trapper

Joined: Jan 2014
Posts: 21,097
North East Kansas
Originally Posted by Boco
My son works at the mine and knows who buys the gold.
Detour produces 5 million per day-most to the US gubmint.
Likely the same with all the other mines owned by Agnico.


laugh


E
'Honey Badger Militia'
Sleep, the anti woke adote.
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