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


To: TobagoJack who wrote (63678)5/17/2010 12:50:03 PM
From: elmatador  Read Replies (1) | Respond to of 218046
 
Gold dispensing machine debuts at Abu Dhabi

They don’t call oil ‘black gold’ for nothing, as the sheiks and oil moguls at Abu Dhabi will have another fun toy to play with - a gold dispensing machine that is located at the Abu Dhabi Emirates Palace, touted to be the most expensive hotel in the kingdom. This ATM-style kiosk is able to dispense tiny bars of up to 10 grams each or coins with customized designs. Forget about getting crisp notes of cash from this machine, as there is nothing quite like the feeling of actual gold in the palm of your hand.

ubergizmo.com



To: TobagoJack who wrote (63678)5/19/2010 1:32:20 AM
From: Taikun  Read Replies (1) | Respond to of 218046
 
Must be one of those gold swaps between Australia and Austria...

This is confirmed by the Australian Mint, announcing that they
sold 243,500 OZ of physical gold during the last two weeks, more than in the entire first quarter. The orders came nearly exclusively from Europe and the Australian Mint sees signs of "panic buys".

OR...

VIENNA, May 12 (Reuters) - The Austrian Mint, producer of the popular Philharmonic gold coin, sold more gold in the two weeks from April 26 than in the entire first quarter on soaring demand from Europe, it said on Wednesday.

The mint sold 243,500 ounces of gold in coins and bars in that period, compared to 205,000 ounces in the entire first three months of the year, marketing director Kerry Tattersall told Reuters in a phone interview.
reuters.com

Isn't Austria the capital of Australia? Say, I heard Oakland is broke. Oakland...now isnt that the capital of New Zealand? Great Oakland football team, those Allblacks.

Anyway, its the Royal Australian Mint but dont break the IBT writer's bubble.



To: TobagoJack who wrote (63678)5/20/2010 8:28:15 AM
From: Rolla Coasta  Read Replies (2) | Respond to of 218046
 
When the force is strong, go for the lonely path by longing the Euro ! I bet Europe is gonna recover first.



To: TobagoJack who wrote (63678)5/20/2010 8:44:04 AM
From: carranza2  Read Replies (2) | Respond to of 218046
 
Gold has been hammered this week.

I am not certain why, but I suspect the markets are finally becoming Austrian, i.e., they accept that stimuli don't work. They have also smelled a whiff of deflation, Japanese-style, in the US. Just look at oil, the CPI, commodities, foreclosures, etc.

We may enter New Crash City today.