SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: energyplay who wrote (56775)10/23/2009 12:40:47 AM
From: RJA_  Read Replies (2) of 217575
 
EP, I am not sure where TJ is getting his numbers, I computed 12,000 USD per oz using the money supply of USA, Japan, China, EU and related debt (its been a while so I dont think thats accurate any more).

But I would like to see TJ's calculation... If its available.

Re gold mining:

Do you really think there is a place for 250 - 500mm folks to simultaneously mine gold world wide, and get 2 oz per month?

I don't think so.

How many could effectively mine in the US without over running available sites... not very many I think... never mind getting actual practical results.

Productive sites would quickly be taken.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext