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  1. Aaron Sice

    Gold price over $US1600/ounce

    i'm not denying that at all. i'm just saying that the need for copper will be significantly reduced over the next decade. i mean, look at ovens - they only need to be on for half the time now they're fan-forced. while that doesn't reduce the power inputs needed, it does reduce it's operation...
  2. Aaron Sice

    Gold price over $US1600/ounce

    no, but you dont need to run copper wire 6 ways from Sunday with fibre optics. the idea is that most of the power stays in the roof on one or two circuits. remember, with the move to LED lighting, the size of wire needed to supply power is greatly reduced. add that to the more central...
  3. Aaron Sice

    Gold price over $US1600/ounce

    fibre optics for house wiring is already here. and most australian industries use plastic water piping in new homes, and seamless line tube for higher pressure requirements.
  4. Aaron Sice

    Gold price over $US1600/ounce

    i just heard china arent "stockpiling", rather they are mining and not declaring it to the exchange, gong straight into storage. same with gold, its going straight from refinery to vault. explains a few things, actually.
  5. Aaron Sice

    Gold price over $US1600/ounce

    sure. fibre optics.
  6. Aaron Sice

    Gold price over $US1600/ounce

    talison minerals does ta in wodjina and li in the sw.
  7. Aaron Sice

    Gold price over $US1600/ounce

    possibly - but surely China are not the speculating type...? i mean, copper? why not lead? or U238? there's so many better things they could make a return on, but then one has to ask why they feel the need to hoard 1.9m tonnes of the stuff, that is pretty much only used these days for a bit of...
  8. Aaron Sice

    Gold price over $US1600/ounce

    liquidated it all for bullion. nice link!
  9. Aaron Sice

    Gold price over $US1600/ounce

    my path is income as well. i just think people give bullion a bad wrap because it's inert and illiquid - but the point is, that's exactly what it's meant to be. i put all my super money into bullion regardless of price.
  10. Aaron Sice

    Gold price over $US1600/ounce

    again - failing to see that gold is not an asset. gold is money. you might as well be buying USD and stuffing it under your matress. you can put money int he banks and it will pay interest - similar to depositing your gold in an "account" so ETFs can be created and you get paid a small...
  11. Aaron Sice

    Gold price over $US1600/ounce

    buy and hold.
  12. Aaron Sice

    Gold price over $US1600/ounce

    ....and in true "boy who cried wolf" fashion, no one will believe you anymore.....:rolleyes:
  13. Aaron Sice

    Gold price over $US1600/ounce

    read my post again. i said it's easy to see it happening, i made no prediction of it happening. i also said it's equally as easy to see deflation happening as well, especially if the world happens to dump the USD as the petrodollar. :rolleyes: *edit* and the reason you can fill a small...
  14. Aaron Sice

    Gold price over $US1600/ounce

    *sigh* not another person simplifying my point.
  15. Aaron Sice

    Gold price over $US1600/ounce

    this is the 64mil dollar Q. it's very easy to see hyperinflation in the US, and even the complete opposite with deflation. how that equates to equities and market denominated in USD like the petroleum industry, is anyone's guess.....literally.
  16. Aaron Sice

    Gold price over $US1600/ounce

    all in 1/10oz and 1oz coins, i hope. because trying to move 100oz at $10k an ounce would reduce your target market by a fair bit......
  17. Aaron Sice

    Gold price over $US1600/ounce

    Think it will only be an interim crash if so. The US won't default for long, unless that's the idea.
  18. Aaron Sice

    Gold price over $US1600/ounce

    I think gold as an upcoming global currency base is a given. If it happens, I would expect the 8-10 k range /oz.
  19. Aaron Sice

    Gold price over $US1600/ounce

    it would be prudent to hold a good amount of gold and silver considering the pace these printing presses are running. 1+1=2. printing + inflation = dollar devaluing. you can't re-engineer that equation. you can make it look better - say 2[0.25 + 0.25] + 4[0.25] = 100 ÷ 50. but the answer is...
  20. Aaron Sice

    Gold price over $US1600/ounce

    been saying it for forever and a day and only now do people see the light. the new reserve currency will be gold backed but the USD wont go away, it will just devalue. i see the citizens of the US being forced to use the USD locally while any international dealings require the Amero or...
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