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


To: Riskmgmt who wrote (101555)6/25/2013 4:30:11 AM
From: skinowski  Respond to of 218918
 
Not picking on ski but this is a typical response, it isn't simple, we have to trust people of higher education and those in positions of power because they can better deal with the complexity.

It's not it. I'm not of a very high opinion about "higher education". Many of the most impressive people I've met didn't have letters after their names. And I think that politicians, generally, are a power hungry herd of folks, full of hubris. But, the world being what it is, we have no choice but to have some "politicos" in charge of things. At least, under our system, they are forced, once in a while, to make the effort of getting reelected, and act as IF they are accountable.



To: Riskmgmt who wrote (101555)6/25/2013 8:18:34 PM
From: TobagoJack  Read Replies (4) | Respond to of 218918
 
gold ... am monitoring monthly throughput of gold from everywhere to china via hong kong

and am in process to fund-raise for the tasmania gold-silver tailings re-processing project - need aud 100M minimum, and ideally by equity and debt, aud 230M, to fish out gold and silver from a tailings dam and process

how the raise goes would say much about view on the future of gold, as by current pricing, the project irr is prospective 24%, and if gold rises ...

the project is technically easy to do, as anything technical goes

the project does not have a lot of unknowns as all base metal processing tailings in pond are known by specific content when they were first put into dam, and sampling has been robust

the project has a definite life, once 9.8M t of tailings are deprived of 800k oz of au, and 32M oz of ag

the pond is just gold and silver soup

if the project does not pass the laugh test, we know serious deflation is on way

...

am i hedged?

yes, i suppose, i am hedged w/ platinum and hk real estate :0)