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markinspain

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Everything posted by markinspain

  1. markinspain

    GOLD

    They got them from www.lyingbastardstats.com. IMO somebody wants 'in' big but not at a + $1200 price. Let's see where we are at 010110.
  2. markinspain

    GOLD

    Coming to the UK and US very soon (perhaps not at 100-1 though!) This more likely (thanks to Pluto from the hyperinflation thread) http://www.nytimes.com/2009/11/26/business...value.html?_r=1
  3. markinspain

    GOLD

    Yes, I find myself 'Clawing at the sky'
  4. markinspain

    GOLD

    Just for posterity. Gold $1199.80
  5. markinspain

    GOLD

    Why would I kid myself? I couldn't give a monkey's chuff what the hedgies do. I ain't selling mine! It's great having something with no counterparty risk. You keep playing with your fiat and electronic digits.
  6. markinspain

    GOLD

    I think it's what's known as a 'shake out' ie pressurising the weak holders. Unfortnately, although this tactic works with shares and paper gold, it doesn't work well with physical holders. I can't see many people running down to their dealers today to sell their physical holdings.
  7. markinspain

    GOLD

    I like the 1-1 reference. Reminds me of a song by New (World) Order. Protect yourself Its one to one Protect yourself Its one to one Protect yourself You can't be wrong When somethings good Its never gone Gold's got the world in motion And I know what we can do Gold's got the world in motion And I can't believe its true Edit wrt Cgnao
  8. markinspain

    GOLD

    Very interesting if true. I wish you'd posted it earlier - it's way past my bed time!
  9. markinspain

    GOLD

    Oh right. So is there a test for tungsten in good delivery bars?
  10. markinspain

    GOLD

    Did you read the rest of your article? 'According to Kirby, an analyst who has broken significant news stories in the past, Chinese officials investigated and believe the counterfeit gold bars are the work of a well-financed criminal organization. Many arrests have been made. Upon further investigation (and remember that this is all “alleged” as no Chinese official is willing to confirm this on the record) the Chinese learned that about 15 years ago a refinery in the United States manufactured between 1.3 and 1.5 million 400-ounce tungsten blanks. Tungsten has an almost identical specific gravity as gold, so a 400-ounce tungsten bar would be the same size as a 400-ounce gold bar. Subsequently, 640,000 of these bars were gold plated and shipped to Fort Knox where they are still located. Kirby claims that he knows people who possess copies of the shipping documents of these deliveries showing the dates of delivery and the exact weights of each of these bars. The remaining bars were later gold-plated, then apparently sold into the international market. Where they are today is not known, but there are strong suspicions that significant quantities of them are already in bonded warehouses of the London Bullion Market Association (LBMA) and elsewhere as supposedly good delivery gold bars. The alleged counterfeit bars received by the Chinese apparently came directly from the Hong Kong vaults of the LBMA. To the extent that there are any quantities of these counterfeit bars on the market to fulfill paper gold contracts, there is a significant risk that owners of “paper gold” could be in for major losses in the near future'
  11. Hi GOM You may have a point but equally, people don't want to read through pages and pages of rant. I for one have enjoyed the forum a lot more recently. MIS
  12. markinspain

    GOLD

    What happened to No 9 and where is the UK?
  13. markinspain

    GOLD

    So which bank was it?
  14. markinspain

    GOLD

    Yep something afoot. Just broke through 1064!
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