When i travelled to Australia last year Message 32412164 doing something about the truly barbaric metal Message 32415673 and got the kids some koala toys Message 32422672 I feared that ...
(1-i) whatever I saw at various Australian airports and assembling points, teams of volunteer bush fire fighters going somewhere or coming back from somewhere, was not any one-off, but perennial occurrence
(1-ii) even as HK was also burning, the flames shall spread far beyond HK
(1-iii) politics about our planet would be weaponised as never before, and much weaponisation would happen, to create a world we do not recognize due to short memories
(2) ... and then the pandemic accelerated all trends, something I did not figure on.
(2-i) we are well in the acceleration phase, and there are no obvious breaking mechanisms, never mind mechanisms at work, and gold might be one of many temperature gauges trying to tell us something
(2-ii) macro practically applied w/r to gold, the processes put to work during the Australia trip appears to possibly bear fruit, as several proposals are now on the table any of which would result in transaction of what was acquired in 2012 by a cabal of which I am a member, during the last and hindsight-apparent less-sincere gold boom when we the boyz prospected Message 28442349 and grabbed a cold potato siliconinvestor.com
(2-iii) gold is not only a macro temperature gauge, but a fever, one that has chance to go pandemic facilitated by RobinHood.
(2-iv) any reasonable transaction w/r to the mine and mill would be welcomed, whether all-cash or JV, as long as it results in more capabilities / capacities for more gold.
Wonderful feature about gold mining in that, like crypto mining, the production results in cash, as opposed to some intermediate good that must be marketed, advertised, merchandise, haggled, sold, shipped in unwieldy bulk by headache-inducing logistics, and later serviced.
Unlike crypto, gold has a good-enough track record, tried by fires.
Gold is neither copper nor cars. Gold is old fashioned cash, that which might play a role in saving the world ruined by fiat.
Or gold might just be a sorry consolation prize.
I do not relish watching gold go to US$ 3-, 5-, 10,000. It would be a world in ruins, but we should guard against the possibility of such a world rising. |
