Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: bull_dozer who wrote (207474)	8/21/2024 3:26:22 AM
From: TobagoJack	Respond to of 217561

Re <<China ... UST>> ... am wondering what, if anything, Team China thinks about how Team USA has been and is spending mullah, scratch, bread, benjamins, and such ... backgrounder

To: bull_dozer who wrote (207474)	8/21/2024 4:35:26 PM
From: Maurice Winn	3 Recommendations Recommended By Cogito Ergo Sum maceng2 Pogeu Mahone Read Replies (3) \| Respond to of 217561

China buying useless gold. Huge expense to excavate from mines, turn into bars, ship it around, bury it again in secure vaults, then spend forever guarding it. That's a pointless effort. China has got plenty of VVVs right so they have plenty to be going on with. Mining gold is less wasteful than starting wars and putting huge effort into weapons and soldiers and destroying things. So at least china is just digging holes and putting the gold from one hole into another. Nobody dies and there's no active destruction. Just wear and tear, fuel, lubricants, CO2 pollution if you're worried about that Putting all that money into It aka AI would give a better result. Or fusion. Or anti gravity machines. Or photovoltaics for electricity. And small seven second car battery swap stop services which would provide somewhere for cheap electricity to be stored. Governments do stupid. Cut them back to 10% of GDP. Or maybe 5%. Heck, 1% might be enough. Mqurice

To: bull_dozer who wrote (207474)	8/23/2024 4:23:44 PM
From: bull_dozer	Read Replies (2) \| Respond to of 217561

>> THE FCKING FCKS Preparing for the worst? Polish central bank becomes biggest buyer of gold The president of the National Bank of Poland, Adam Glapinski, recently revealed that the central bank would continue to buy gold, and is aiming for the precious metal to make up 20% of the bank’s reserves. The National Bank of Poland (NBP), also known as the Narodowy Bank Polski, became the joint biggest gold buyer amongst central banks in the second quarter of 2024, tying with India, according to the World Gold Council. This was after the NBP bought approximately 19 tonnes of the precious metal. euronews.com