Scientists locate the largest gold deposit on the planet

[UltraBudgie]

well let's put a conspiracy-theory spin on this

the timing is suspicious
what if china knew
that the fed wouldn't drop interest rates
and this announcement was a signal

gold dropped $50 an ounce today
which seems to be the result of t-bills
not being made less attractive
by an interest rate cut

but could it be both?
did they front-load
the futures market?
just spitblling

[Maxmars]

Someone is wanting to horde gold...

I can't say I blame them.


The cynic in me is not polite.

Scientists (Chinese)
reported by media (Chinese)

That "We're in the money!"
(you can add the music mentally)

All I can say is we'll see...
sounds like Russia's secret diamond horde to me.

[rickymouse]

Ummm.  I have no interest in gold.  I have no idea why it is so expensive since it can't even be used to make a knife out of.  The obsession for gold goes back thousands of years.  I prefer the color of copper over the color of gold.  They conditioned people to crave owning it, and of course social conditioning was put into place to use gold as a sign of commitment and love....buy your woman something made of gold and a rare gem to show you you loved her....and make your marriage more stressful because you spent so much buying rings and jewelry.  That money could make your marriage easier because of less financial stress.

But people do not know they have been brainwashed because it has been going on for so long.  Same goes with clothes, some people spend a lot of money on clothes and rarely wear the expensive ones for fear they may get dirty or damaged.  But that is the way it is, if the majority of people believe something unreal, it means if you don't, you are not normal...you are crazy if you do not desire gold.

I do like those little baby Yukon gold potatoes though, and occasionally I buy them as a treat.  They had them three pounds for a buck...7/7bucks at Meijers the last two weeks.  The does love those little yellow potatoes, a three pound bag of them lasts a day since we have four does and their fawns coming in every day for a treat.  Also they get a carrot and apple and some homemade organic bread when they come.  I think I am spoiling them, good thing the fawns are still drinking milk and they are not allowed to eat what humans eat, the fawns mow the lawn most days, I have only had to mow the grass twice this year, but they don't eat ferns, so I have to go weed eat the ferns down or they will take over the acre of lawns I have. 

The deer do like gold and red potatoes but I doubt if they like the metal gold.

[MichSwampbuck]

Ummm.  I have no interest in gold.  I have no idea why it is so expensive since it can't even be used to make a knife out of.  The obsession for gold goes back thousands of years.  I prefer the color of copper over the color of gold.  They conditioned people to crave owning it, and of course social conditioning was put into place to use gold as a sign of commitment and love....buy your woman something made of gold and a rare gem to show you you loved her....and make your marriage more stressful because you spent so much buying rings and jewelry.  That money could make your marriage easier because of less financial stress.

But people do not know they have been brainwashed because it has been going on for so long.  Same goes with clothes, some people spend a lot of money on clothes and rarely wear the expensive ones for fear they may get dirty or damaged.  But that is the way it is, if the majority of people believe something unreal, it means if you don't, you are not normal...you are crazy if you do not desire gold.

I do like those little baby Yukon gold potatoes though, and occasionally I buy them as a treat.  They had them three pounds for a buck...7/7bucks at Meijers the last two weeks.  The does love those little yellow potatoes, a three pound bag of them lasts a day since we have four does and their fawns coming in every day for a treat.  Also they get a carrot and apple and some homemade organic bread when they come.  I think I am spoiling them, good thing the fawns are still drinking milk and they are not allowed to eat what humans eat, the fawns mow the lawn most days, I have only had to mow the grass twice this year, but they don't eat ferns, so I have to go weed eat the ferns down or they will take over the acre of lawns I have. 

The deer do like gold and red potatoes but I doubt if they like the metal gold.

If deer ate gold, I'd be collecting their turds and panning for the gold.

I have my little glass vial with around 16 flakes I panned up from the creek on my own property. Hardly anything for my effort, but the gold flakes are great, they make me laugh because I have been successful panning, its on my property I have mineral rights to, plus it is proof of concept. Its also a great past time when its just outside my front door.

Also, when I'm quietly panning away, I go into this kind of trance with tunnel vision where all I see is the pan I'm working. But I hear every sound, I feel every breeze, I smell the soil, plants and flowers, I become immersed in the landscape. Then the wildlife comes out, amazing, rare wetland wildlife from my swamp. Things I have identified and will not tell a soul what I've found.

If it were to get out about the plants and animals here, the state DNR would stop me from panning the creek and likely kick me off my own property. I'm positive there are insects and spiders here that have never been cataloged in Michigan. My swamp rivals a wildflower sanctuary that is a local attraction. I could spend the remainder of my life studying this swamp and should apply for grants for its up keep, its that special.

[rickymouse]

If deer ate gold, I'd be collecting their turds and panning for the gold.

I have my little glass vial with around 16 flakes I panned up from the creek on my own property. Hardly anything for my effort, but the gold flakes are great, they make me laugh because I have been successful panning, its on my property I have mineral rights to, plus it is proof of concept. Its also a great past time when its just outside my front door.

Also, when I'm quietly panning away, I go into this kind of trance with tunnel vision where all I see is the pan I'm working. But I hear every sound, I feel every breeze, I smell the soil, plants and flowers, I become immersed in the landscape. Then the wildlife comes out, amazing, rare wetland wildlife from my swamp. Things I have identified and will not tell a soul what I've found.

If it were to get out about the plants and animals here, the state DNR would stop me from panning the creek and likely kick me off my own property. I'm positive there are insects and spiders here that have never been cataloged in Michigan. My swamp rivals a wildflower sanctuary that is a local attraction. I could spend the remainder of my life studying this swamp and should apply for grants for its up keep, its that special.

I panned for gold in the Yellow dog river here with my uncle once and the wife another time.  Good thing I had a fishing pole both times, or I would have gone home empty handed both times.  I did get enough brookies for a meal both times, back in the eighties, half a dozen little flakes would not have been worth much.  I did find some gold flakes in some little rocks one time when digging a hole to put in the support for some playground equipment, it needed a twenty inch round tube full of cement and rebar to anchor it, two feet high so I had to dig two  three foot holes around three feet deep for the main supports, so the top of the cement was a foot below grade.  I brought the three rocks to the person running the program that paid me, there was maybe a quarter ounce total of gold I figured.  Well a year later they dug up that whole school yard because they found something was contaminating the soil and hauled it all away and then brought in new clean fill without any gold in it I suppose.  I was told the story that it was contaminated, yeah right, hope they were able to pick out all that contamination that was in there.  The thing is, it was only in a single spot, I just hit that spot when I dug I guess.  Like I said, I have little interest in gold.  If it was copper I would have kept it.  So I wonder how much they got to do that renovation from the government since they applied for federal funds to do that removal and refill.  The guy who did the excavation was a buddy of the guy I gave those gold rocks to.  Oh well, at least they got paid to dig it out and haul it away.