Gold is going to go up, because....

Discussion in 'Gold' started by Eureka Moments, May 10, 2015.

  1. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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    I appreciate all replies so far whether factual, philosophical or farcical. :)
     
  2. ego2spare

    ego2spare Well-Known Member

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    volcanoes keep spitting it out.
     
  3. JB3

    JB3 Member

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    Whatchu talkin' about Willis?
     
  4. SpacePete

    SpacePete Well-Known Member Silver Stacker

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  5. wrcmad

    wrcmad Well-Known Member Silver Stacker

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  6. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

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    New fad for the rich -



    [​IMG]
     
  7. SpacePete

    SpacePete Well-Known Member Silver Stacker

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  8. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

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    Thanks for the tip. I'm gonna swap my tin foil hat for gold a one now to protect myself. :D


    Not gold foil, that bathroom is probably gold plated but there are ones out there that are solid gold -



    "Built in 2001, this rather luxurious toilet is made of solid 24-carat gold and coated with gems. Everything in the restroom surrounding it sink, tiles and doors is also made of solid gold; the display at Hang Fung Gold Technology's showroom in Hong Kong is today worth more than $29 million."


    [​IMG]

    http://content.time.com/time/specials/packages/article/0,28804,2016258_2016259_2016264,00.html
     
  9. JulieW

    JulieW Well-Known Member Silver Stacker

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    .... because people are hungry, scratch that, stupid.

    According to the magazines, the food craze right now is all about adding edible gold to our foods and drinks. It sounds like a good idea to me! After all, there's nothing wrong with wanting to feel as luxurious on the inside as the outside.

    That is, of course, if you are willing to digest gold. Apparently gold is not absorbed into the bloodstream because our bodies can't break it down. In other words, it just passes right through us to create some really luxurious poop.

    It seems like nothing is off limits to creative Chefs around the world as they use their imaginations to make the wildest food fantasies you've ever seen. Most of them are too pretty to eat, and others, I would like to taste right now. I've put together a list of my ten favorites below. Since I've included a soup, chicken and sushi, wine, dessert and a cappuccino, you could technically eat an entire gold inspired dinner from this list. Well, if you can afford it that is. Watch out, you and your credit card are both going to get really full, very quickly!

    1. Chocolate Sundae

    A restaurant owner in New York City created this chocolate sundae adorned with 18-karat gold (and white diamonds). It's even made with special chocolate which costs $2,600 per pound. Ordering this dessert will put you back $25,000!



    2. Pizza

    Not only is this pizza topped with lobster marinated in cognac, caviar soaked in champagne and vintage balsamic vinegar, it covered in 24-karate gold flakes! This pizza was sold for about $4,200. The money went to charity.



    3. Wine

    This "GOLD" wine has 24-karat gold flakes in it. Nom nom! It is available in the States for only $25 per bottle. It comes in two 2005 vintages. How beautiful!



    4. Bagel

    This $1,000 bagel is not ordinary creation! It is topped with white truffle cream cheese and gold leaves. Truffles are supposedly an aphrodisiac, and we all know how girls love gold. Someone's getting lucky tonight!



    5. Chicken

    Laura Santtini, an Italian cookery writer, said, "People want to feel special in these difficult times and this is an inexpensive way of making a meal more glamorous." She is pictured here with chicken garnished in gold.



    6. Cake

    Wow, a $2,500 piece of cake made with gold and diamonds. Hmm I think that would be about $500 a bite, right? Dang! If you want to buy the whole cake, it will cost you $20,000 big ones. Wth?



    7. Sushi

    Chef Angelito Araneta, from the Philippines, who also happens to be the same guy who created the cake above must really have a thing for gold and diamonds. He also created this sushi covered in gold and diamonds, which sells for $2,750 for 5 pieces. Gulp!



    8. Cappuccino

    Now see, I would drink this in a heartbeat. Nom nom! This cappuccino is sprinkled with 24-karat gold instead of cinnamon. At only $25 a cup, I think I would indulge in this little cup of luxury!



    9. Caviar

    There isn't a lot to say about this gold caviar except that this itty-bitty jar (2.6 oz.) will cost you about $200. Although I've never tasted it, I hear it has a lemon and white wine taste.



    10. Soup

    This Celery Apple Soup with 24-karat Gold Garnish doesn't look that good to me; however, the recipe was created by Wolfgang Puck, so it must be delicious, right? He served this soup to celebrities at the Academy Awards a few years back.
     
  10. S. Ohno

    S. Ohno Member

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    House got a tan?
    [​IMG]
     
  11. TreasureHunter

    TreasureHunter Well-Known Member

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  12. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    No doubt...the USD index seems to have broken the 94 level too which held some good support
     
  13. JulieW

    JulieW Well-Known Member Silver Stacker

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    [​IMG]
    Source: what's really happening?
     
  14. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    Seeing some pretty volatile moves in the forex market at the moment. Not just the AUD but the AUD is one of the biggest movers
     
  15. aleks

    aleks Well-Known Member Silver Stacker

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  16. Pirocco

    Pirocco Well-Known Member

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    ... the out-of-thin-air dollar producers swap their production for gold to make gold more expensive and the poor people on its market thus getting less ounces for their out-of-hard-work dollars. :D
     
  17. Pirocco

    Pirocco Well-Known Member

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    No doubt... that's what happens after longterm peaks are reached.
    "Good support" transformed to "grab the profit before others".
    And then, after some further downtrend, the downwards suckers rally begins.
    Until longterm bottoms are reached.
    Rinse and Repeat. :D
     
  18. rachelmcquire

    rachelmcquire New Member

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    Gold is a very safe investment regardless of any speculation. So, it is a luxury and a sustainable investment too that is why more and more people prefer it above other metals. So, as per the law of demand as the demand increases the price also increases.
     
  19. Pirocco

    Pirocco Well-Known Member

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    Do you feel safe knowing that central banks purchased
    2010 77 tonnes $1224.53
    2011 455 tonnes $1571.52
    2012 544.1 tonnes $1668.98
    2013 625.5 tonnes $1411.23
    2014 588.0 tonnes $1211.71
    ----------------------
    2010-2014 2289.6 tonnes
    ... with the most tonnes in the bear years?

    Where would the gold price have been in 2013-2014, without them buying 1200 tonnes?
    Apparently, the gold price hangs in their hands.
    It's more like more and more people prefer to sell gold rather than buy it.
    Just look at ETF stock drops since start 2014. Some halved. They sold 1/3 of all they bought since they came into existence. 2/3 left to dump.
    I'm not sure how one can feel very safe considering that central banks, governments, are the very same institutions that people / speculators buy gold as to evade the fiatcurrency savings they devalue.
    Buying gold can hardly be called "investment". It's a dead metal, what you sell is the same as what you bought. Any more dollars than paid, have to origin from somewhere, one has to lose a dollar for another to win one. It just illustrates that buying gold is as safe as buying whatever including dollars themselves as bank savings.
    Law of demand has a counter-law: law of supply.
     
  20. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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    Average joes are starting to talk about it.

    Bad news for bears.
     

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