torino
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Posts posted by torino
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volume : of course!
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You would need armed guards to protect your oil.
Buy land & grow your own?
* armed guards?
Do you mean people might become so desperate for oil they'll use violence
* growing these trees: how long do they take to grow?
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Are u serious?
Some people go physical in gold, so why not oil?
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This gold thread is very inspirational.
After thought, I am interested in storing physical oil.
I'll be curious to know if it is possible to stock physical oil in a major city?
Where would you go to store larger and larger quantities, without getting
into troubles?
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Bigtit
This is REALLY the best I have read today - did well to drop at an internet cafe before my second round.
Fellow UK residents... we really should start watching the charts in GBP and not USD, they're a lot prettier -
Man, I thought I was done regarding gold impossible scenario :
more to read!
I can't really understand who would benefit from gold speculators
having to sell - in the worse situation.
To be honest, if - this is a BIG if that is certainly impossible - gold
was to go really down, who would benefit?
Also, thank you for the comments on how to get a better response:
actually reading the threads brings in quiet a lot of insight into the emotions and thoughts
involved.
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on this 'poetic' imagery, I am off for some rest.
I think I am starting to have my scenario : 99% psychology, 1% logical!
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pieshop: you are funny.
Tell me : do you hold gold?
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Well then, good luck with the 'research'.
pieshop: your answer and attitude are interesting.
Do you always react like that or do the questions disturb you?
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pieshop
Is that input satisfactory?
no.
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And your reasons for wanting to find this out are? Why exactly do you have to 'defend gold going as low as 666'? What do you mean by defend? I assume some sort of debate - if so, with whom, why etc. If you provide more background you may get some responses.
Why : because it is my homework.
with whom : my training buddies.
why: because that's the scenario I have been given to defend.
any input from you?
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Wanderer,
Thank you for sharing your thoughts and these are completely valid.
Yes I do hold gold - bought in around 2001/2 for my metal work and jewelry making hobbies.
Still have my "work of art".
Now I am looking into gold for speculative purpose and I need to put a decent
presentation together - even for a completely ridiculous subject.
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fantastic ... Sorry to be blunt, but what is your obsession with people being so badly burned that they have to "get out?"
I suspect the level varies massively from person to person and from time to time. For any using easily tradable methods (vs physical holding) they may choose to exit and re-enter the market to a varying degree on a regular basis. As such, there is no "sell up" price.
Most people's opinion on when to sell will also based on the wider state of world economies, as such it's difficult to pick an exit price here and now.
I am trying to find out if there is a price level of gold which could create a sentiment of uncomfort, malaise, disbelief and panick among gold holders.
If you could answer some of my questions, this would really be helpful as you are a gold holder.
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Wanderer,
As you have no stops, is there any level - in the most impossible scenario - at which you would have to get out even if
you didn't want to?
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Hi again,
I still have my presentation to prepare and to defend the "impossible".
Do you mind, putting in some of your thoughts regarding the questions below?
This would really help me ( I usually like winning)
.Hi everyone,I have had the unfortunate role of defending the "impossible" , i.e. gold going
as low as 666. I was myself suspicious when the number 666 came out, but
not being in occultism, I take it as a mere number
- how would you, gold holders, react if gold was to go to 800? 750? 700? 666?
up to which level would you hold? when would you expect call margins?
how low would have gold to go for you to sell? If you were to sell, would you
sell bit by bit or all in one go? would any of these numbers make you sweat or bring panick?
- how would you react if this movement was slow and steady?
- how would you react if this movement was accompanied with a lot of volatility?
- for this to happen : what % of world bank, IMF and other CBs gold reserve would have to be sold?
- who would benefit from these falls?
What do you believe is the likelihood of these levels being reached ( may be a why would help me win )
and what amount in loss $ this would represent
- 800 : likelihood / why / loss
- 750 : likelihood / why / loss
- 700 : likelihood / why / loss
- 666 : likelihood / why / loss
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Is there any level which would make you uncomfortable?
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Hi everyone,
I have had the unfortunate role of defending the "impossible" , i.e. gold going
as low as 666. I was myself suspicious when the number 666 came out, but
not being in occultism, I take it as a mere number
- how would you, gold holders, react if gold was to go to 800? 750? 700? 666?
up to which level would you hold? when would you expect call margins?
how low would have gold to go for you to sell? If you were to sell, would you
sell bit by bit or all in one go? would any of these numbers make you sweat or bring panick?
- how would you react if this movement was slow and steady?
- how would you react if this movement was accompanied with a lot of volatility?
- for this to happen : what % of world bank, IMF and other CBs gold reserve would have to be sold?
- who would benefit from these falls?
What do you believe is the likelihood of these levels being reached ( may be a why would help me win )
and what amount in loss $ this would represent
- 800 : likelihood / why / loss
- 750 : likelihood / why / loss
- 700 : likelihood / why / loss
- 666 : likelihood / why / loss
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1. Watching gold prices, in your opinion, how low would have gold to
go for gold buyers/holders to panick & start selling ?
870? 850? 820? 800? 790? 770? 760? 666?
2. where can one find quantity of gold held by IMF, World Bank?
who influence their decision to sell their gold?
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1. Watching gold prices, in your opinion, how low would have gold to
go for gold buyers/holders to panick & start selling ?
870? 850? 820? 800? 790? 770? 760? 666?
2. where can one find quantity of gold held by IMF, World Bank?
who influence their decision to sell their gold?
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Is there a way to find out how much gold the IMF and world bank hold?
Also, I think China is actually the largest holder of physical gold : is that true?
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Sorry to ask for precision.
I did contact bullionvault - but they only explained that they stored it for you.
But what about having access to the metal itself?
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Haven't really traded for nearly one month.
I am now thinking of really adding to my physical gold.
I would like to understand how bullionvault & cie work :
- do they deliver the gold to you?
- is buying from them purely "paper exercise" ?
- if they do store it for you, can you - if needed - get physical
access to the gold?
- has any of you who has tried managed to get access or even
see with your own eyes, touch with your own hands the
gold you bought?
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Regarding Gold : are you all BULLISH?
Is there anybody here who is bearish about it.
I am thinking of melting my "metalwork of arts" and selling the metal.
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I don't know much about gold.
Would you say now would be a good moment to buy and hold till july/august at least,
or is it better to wait till june/july/august?
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GOLD
in Gold, FX, Stocks / Diaries & Blogs
Posted
Thanks Dr Bubb to remind that this thread is all the more interesting when
some contrarian opinions come to excite the local crowd - if I can put it
that way
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I am wondering: is it possible to find an estimate of worldwide non mined gold?