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


To: TobagoJack who wrote (101597)6/25/2013 11:28:10 PM
From: Snowshoe  Read Replies (1) | Respond to of 219462
 
Any thoughts yet on developing your antimony resource? The Disappearing Spoon has some interesting trivia...

- Nebuchadnezzar, who built the Hanging Gardens of Babylon, used a noxious antimony-lead mix to paint his palace walls yellow. It soon drove him mad.

- Egyptian women used antimony-based mascara, as a way to cast the evil eye on their enemies.

- Mozart probably died from antimony poisoning in his fever medication.

- Much of our knowledge of alchemy and antimony comes from a 1604 book, The Triumphal Chariot of Antimony.

- A province in China once used poisonous coins made from an alloy of lead and antimony...
charm.ru

- Mixing antimony pentafluoride (SbF5) with hydrofluoric acid (HF) produces a substance with a pH of -31. This superacid is 100,000 billion billion billion times more potent than stomach acid! It will eat through glass, so it must be stored in special Teflon-lined containers.



To: TobagoJack who wrote (101597)6/26/2013 6:49:11 AM
From: Riskmgmt  Read Replies (2) | Respond to of 219462
 
I wish you the best of luck with the mining venture.

As far as hedging gold goes "am hedged w/ platinum and hk real estate :0)" Platinum is not a hedge when they are selling the metals. HK real estate maybe a good investment but doesn't necessarily hedge against long gold positions.

Gold just broke though 1,2 50 support.
1,220 is the next support. We are due a bounce somewhere soon so I hope it's at this level and the 12,220 holds, otherwise we may see it in the 1,100's.

No sovereigns stepping up to buy this time in fact India's finance minister is trying to curtail buying:
bloomberg.com

On gold, I am happy that all my appeals are being heeded partly by the people of India.... Net gold imports averaged 135 million dollars a day in the first 13 business days of May.... However, in the subsequent 14 business days, it averaged only 36 million dollars. So gold imports have sharply come down, but I would be happy if they come down even further. I continue to hope and dream. Suppose we stop gold imports ... suppose the people of India don't demand gold and we don't have to import gold for one year ... the whole situation will so dramatically change.


Quite a contrast from 2009 "Oct. 14. India purchased the gold at an average price of about $1,045 an ounce, according to an IMF official"


R.






To: TobagoJack who wrote (101597)6/26/2013 10:57:46 AM
From: abuelita  Read Replies (1) | Respond to of 219462
 
j -

serious question.
are you still singing "don't worry .... be happy"?

-r



To: TobagoJack who wrote (101597)6/26/2013 1:24:34 PM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 219462
 
the IV on silver is around 31% on 1 year puts, cost of mining is around $20 for one ounce on average, I am seriously thinking of writing June 30, 2014 puts strike $18 receiving over $1850 per 1,000 ounces contract.

If US recovery goes ahead - by next summer everyone will worry about inflation - metals will go up, if we will be still in QE mode metals will also go up as the USD will devalue.

any one thinks it is good timing?