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The Golden Child

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  1. Certain possesions that can be bought are a store of value when priced in FIAT money. As fiat money always devalues itself. http://en.wikipedia.org/wiki/Store_of_value A recognized form of exchange can be a form of money or currency, a commodity like gold, or financial capital. To act as a store of value, these forms must be able to be saved and retrieved at a later time, and be predictably useful when retrieved. Storage of value is one of several distinct functions of money. The other functions are the standard of deferred payment, which requires acceptability to parties owed a debt, and t
  2. Me too, I only come here to moan & complain because im bored. I pretend to be with the bullion crowd but really i love paper fiat money & debt. I love being able to borrow & wish this crisis would end asap so that I could start a BTL portfolio & drive exotic cars paid for by new immagrants on welfare. I love the UK GOVT, Gordon Brown & anything that I have said in the past was purely juvenial immature teenage jelousy
  3. 20K in real deal money sitting secure. Appreciating nicely.. was 10K in 2007
  4. The US dollar is the main reserve currency so Gold is mostly measured against it. I prefer ounces per house. But that often upsets the bears on here, as they missed out on 50%+ discounts... so far
  5. Gold in a bubble... ? Its price has been suppresed & generations have forgotten its power. Fiat printed paper money... now thats in a bubble & its popping right now.
  6. 143 analysts maintain that gold will eventually reach a parabolic peak price of at least $3,000/ozt. before the bubble bursts. Of those 143 a total of 103 see gold achieving a price of at least $5,000/ozt. and 20 predict that gold will reach a parabolic peak price of $10,000 per troy ounce or more. Take a look here at who is projecting what, by when and why. Words: 745 Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!) and www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds) has identified below the analysts by name with their price projection
  7. Brazil to invest $2.4 billion in gold production over next 4 years IANS Nov 21, 2011, 10.30am IST Tags: * The National Department of Mineral Production RIO DE JANEIRO: Private firms that invest in gold mining in Brazil will allocate about $2.4 billion over the next four years to their activities, the O Globo newspaper reported Sunday, citing official figures. This volume of investments is three times the earlier forecasts for the period and could be a major factor in doubling the country's production of the precious metal, which currently stands at 62 tonnes per year. The figure plac
  8. Hey peter, Are you from London ? I know of somone who this discount may benefit & want to find out as much as possible about this ? Where can we find out such information
  9. I dont know if this or recent articles are affecting the market, but ive noticed fast turn around in propertys selling in west london within the last few weeks. Lots of SOLD STC / Under offer's
  10. Eric Sprott talks to James Turk in Munich <iframe width="560" height="315" src="http://www.youtube.com/embed/EzsER-T-QPU" frameborder="0" allowfullscreen></iframe> They talk about the disparities between the physical market and the paper silver markets. Eric talks about supply and demand and how the upward pressures on silver price from demand growing much faster than supply are not being accurately reflected. A 900 million ounce silver supply simply cannot cope with a 380 million ounce increase in demand and maintain current prices. Eric also explains that investment sales of s
  11. I'm amazed at the opportunities these guys keep giving. Lock and load !!
  12. He said in an interview that he would trade gold futures and would take delivery of physical with his winnings when they came up for delivery. According to him it was as safe ad a bank account
  13. Maybe its like my friend said... never sell your property. His parents have 10+ houses slowly accumulated since the 70's & they are very comfortable
  14. Its funny, everyone who buys them will see the value in them drop because theres so many of them around, while I buy rare and non German and it holds its value really well.
  15. The Last Gasp of the Failed Scheme of Government Price-Controlled Bimetallism – 1896 The Last Gasp of the subsequent Gold Standard – 1933
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