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Re: Gold running out!
Let' call it 'peak cheap gold' ;)"There is a strong case to be made that we are already at 'peak gold'," [Aaron Regent] told The Daily Telegraph at the RBC's annual gold conference in London. -
Re: Gold running out!
Mega, Do we have a 'peak' cheap gold Black swan event unfolding.
Someone ring Goldmans and arrange for the lot to be privatized and traded using mezzanine financing and some tricky little derivatives and credit default swaps.Comment
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Re: Gold running out!
supposedly deliveries at COME#X and in Londen at the warehouses are
not going so well...Comment
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Re: Every gold atom on Earth to suddenly turn into mercury through beta (β−) decay
Every gold atom on Earth to suddenly turn into mercury through beta (β−) decay.Originally posted by Mega View PostComment
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Re: Every gold atom on Earth to suddenly turn into mercury through beta (β−) decay
That, at least, would allow us to produce plenty of old-fashioned thermometers.Originally posted by Dr.No View PostComment
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Re: Every gold atom on Earth to suddenly turn into mercury through beta (β−) decay
This is good fun, but if Au-197 (which is stable) were to go to Hg-197 by beta decay, the product wouldn't be around very long, right?Originally posted by Dr.No View Post
Nuclear reactions aren't my thing, but if I'm reading this table correctly, of the two angular momentum configurations of Hg-197 which live long enough to be characterized, one has a half-life of less than a day, and the other has a half-life under three days. And if I understand how this should work, it seems that the angular momentum configuration of naturally-occuring Au-197 (+3/2) means that conservation of angular momentum must prevent a transition to either the -1/2 or +13/2 Hg-197 nuclei, since the electron and anti-neutrino which would be emitted can only carry away 1 unit of angular momentum, total (half each). I'm guessing that might even be part of the reason why naturally-occuring gold is stable to beta decay. (That, and the fact that more protons and fewer neutrons is in the direction of less nuclear stability, for a heavy nucleus.)
Again -- it's not my thing. But it sure is damn fun.
Do you really have a secret nuclear reactor on that island, Dr. No?Last edited by ASH; November 12, 2009, 05:15 PM.Comment
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Re: Gold running out!
If this is any idication of the depth of the fraud, we're all in some deep kimshee.
"
On Doing God’s Work
-- Posted Thursday, 12 November 2009 | Digg This Article
| Share this article| Source: GoldSeek.com
By: Rob Kirby
“Gold Finger - A New Take On Operation Grand Slam With A Tungsten Twist”
I’ve already reported on irregular physical gold settlements which occurred in
1] - irregularities in the publication of the gold ETF - GLD’s bar list from Sept. 25 – Oct.14 where the length of the bar list went from 1,381 pages to under 200 pages and then back up to 800 or so pages.
2] - reports of 400 oz. “good delivery” bricks of gold found gutted and filled with tungsten within the confines of LBMA approved vaults in Hong Kong.
Why Tungsten?
If anyone were contemplating creating “fake” gold bars, tungsten [at roughly $10 per pound] would be the metal of choice since it has the exact same density as gold making a fake bar salted with tungsten indistinguishable from a solid gold bar by simply weighing it.
Unfortunately, there are now more sordid details to report.
When the news of tungsten “salted” gold bars in Hong Kong first surfaced, many people who I am acquainted with automatically assumed that these bars were manufactured in China – because China is generally viewed as “the knock-off capital of the world”.
Here’s what I now understand really happened:
The amount of “salted tungsten” gold bars in question was allegedly between 5,600 and 5,700 – 400 oz – good delivery bars [roughly 60 metric tonnes].
This was apparently all highly orchestrated by an extremely well financed criminal operation.
Within mere hours of this scam being identified – Chinese officials had many of the perpetrators in custody.
And here’s what the Chinese allegedly uncovered:
Roughly 15 years ago – during the Clinton Administration [think Robert Rubin, Sir Alan Greenspan and Lawrence Summers] – between 1.3 and 1.5 million 400 oz tungsten blanks were allegedly manufactured by a very high-end, sophisticated refiner in the USA [more than 16 Thousand metric tonnes]. Subsequently, 640,000 of these tungsten blanks received their gold plating and WERE shipped to
http://news.goldseek.com/GoldSeek/1258049769.php
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Re: Every gold atom on Earth to suddenly turn into mercury through beta (β−) decay
Yes, a bit of a joke (fortunately), as stable gold atoms would not decay into mercury.Originally posted by ASH View Post
The nuclear reactor is primarily to ensure a steady energy supply in case the world oil markets become severely disrupted. Strictly peaceful purposes you know.Comment
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Re: Gold running out!
Good old Auric Goldfinger is at it again...Comment
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