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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Arran Yuan who wrote (62081)3/19/2010 12:07:08 AM
From: TobagoJack4 Recommendations  Read Replies (1) | Respond to of 217948
 
faithful folks should soon have more to buy less gold, just in in-tray, and i quote

A few salient points to add to the SMCP story (front page biz) on min wage rising 21% in Guangdong:

-- Many Guangdong factories already paying double this...

-- Many workers (seasonal) not coming back to many jobs as they can enjoy subsidies at home

-- Shanghai area will also likely have production shortfall (pollution control, wages...)

-- Comments this week at shanghai port conference to effect some freight may be coming off a little


i find it amusing that the academics and wastrel krugmans and moronic obama's are talking out of the both sides of their mouth, that (i) china is in midst of biblical bubble, to pop and crash, and (ii) china currency is under-valued by 40% and must be reset

they will soon have to make up their idiotic minds on what they actually believe, either or but not and, of the two extremes



To: Arran Yuan who wrote (62081)10/26/2022 6:00:13 AM
From: TobagoJack2 Recommendations

Recommended By
Arran Yuan
maceng2

  Read Replies (1) | Respond to of 217948
 
Following up to Message 26396050 from 2010, re uncontrollable addiction to collection Panda gold bullion as bullion for excess savings that cannot be conscripted by central banks in call of duty for dilution

... and Panda gold could be bought at spot ~3.5%

Today, for example, 2022 Panda gold can be bought by the handful (10) at US$ 1,660 (30gm) lpm.hk

As 30-grams coin is 0.1 gm short (panda went metric a few years ago) of 1 troy oz and spot is at $1,671 kitco.com

Even as one must shell out $1,920 (1 troy oz) for a 2017 edition lpm.hk

As btw for completeness, 2010 edition going for $1,900 apmex.com

Meaning decades of Proof of Work token curation are blessed by market determined bid/ask premium by goodness of changing design / mintage each year



On March 18 2010 gold was $1,125+/- kitco.com