Are they trying to bring the price of gold down? Or did China just "happen" to come across the largest EVER deposit of ANY precious metal in history?https://www.popularmechanics.com/science/a69009630/china-supergiant-gold-mine/
>>518718557Cash in cash out
>>518718557> If the models are accurate, the deposit in its entirely could be worth roughly $83 billion.If the models are accurate. The Chinese have never once in history told the truth. I have an 84 billion dollar gold mine in MY back yard.
>>518718855It’s the biggest ever on earth since ever.
>>518718890If my models are correct, of course.
>>518718890That's what she said
>>518718557kek they trying to tank gold price?
>>518718557Wow, that’s crazy, imagine stumbling upon an already up and running gold mine, then laying claim to having discovered it, never being questioned due to your elevated status in society as a “Researcher”.
$83b of gold is 0.3% of the gold market.Prices ain't coming down anytime soon.
>>518718557Am i retarded?Why dies this article say the price rise to 2700, i thought it already passed 3k
>>518718557>gold>just been sitting there underground this whole timeYa don't say?
>>518718557Gold UNDERGROUND?!?!? What type of twilight zone bullshit is this?? We're really in the upside down on this one.
Whatever happened to that mega gold discovery in Uganda few years back?
>>518718855Take your ameritroon cope elsewhere.The world is fucking sick of you shitskins
>>518719436>gold discovery in UgandaThe discrepancy has led to questions about the accuracy of the reported figures, with some analysts suggesting the numbers may be exaggerated or misinterpreted. Nevertheless, the Wagagai project has progressed, and the country has officially entered the global gold mining arena with the opening of its first large-scale mine in 2025
>>518718557This is how they wash stolen gold, as well as the FAKE gold.
>>518719247It’s an old article>>518718953Do they compare to the Uganda model of their golf reserves?
>>518719473randeep dikshit is mad, lmao!
>>518718557>Are they trying to bring the price of gold down?I doubt it.
>>518718557Gold will always be more valuable than bitcoin or stocks. Numbers on a screen or on a flash drive don't have intrinsic value. Gold is the money of kings. From the dawn of time it reigns supreme as the ultimate store of true tangible wealth.
>>518718557Chinese geologists are the best in the world. Westcucks still don't know how they extract some of the rare earths they do.
>>518718557China was populated BEFORE the invention of modern prospecting operation so they're only just discovering what's underground.
>>518718557Per Islam, a mountain of gold will appear in iraq (Euphrates river) at some point and 99% of go there to get some will be killed in that war, so we are gonna hear a lot of these news as more people are getting poorer and poorer
>>518719601Im good
>>518719904>my schizophrenic desert fables written by semitic pedophile goat fuckers says... kill yourself ackmed
>>518718557This is bullish for gold
>>518719601Well I’ve reinvestigated the sheer size of the gold deposits in my back yard. Turns out I’ve adjusted my model and it turns out I’ve got $14 trillion worth of gold there! As long as my models and estimates are accurate.
>>518718557Of course they are. Gold is both simultaneously the thing that scares them the most and the thing that they desire the most. It's basically the only thing in the world that can break their stranglehold, and they're well aware of it. Because gold represents breaking the chains of debt slavery, it is an analog for true freedom.Why do you think every time the topic is brought up every single thread is flooded with "Boomer Rock" shills, paradoxically insulting you for being an idiot while also pretending to have your best interest in mind by persuading you not to stack silver and gold. Some dumb faggots actually buy into this shilling, amazingly.
>>518718557>$27T of gold worldwide>Find $83B of it>Still need a decade to mine it>That's if it's profitable and of high enough grade>Africa lol>It's cheaper to mine in high cost Australia"Chudda what if ..."
>>518719601The article was posted 3 hours ago.
>>518720693Thats what i saw, too
>>518720541>That's if it's profitable and of high enough grade"Adding some more heft to the already weighty (literally) find was the report that the new discovery features 138 grams of gold per metric ton of ore, a valuable rate not often found in gold mining. “Many drilled rock cores showed visible gold,” said Chen Rulin, an ore-prospecting expert at China’s Hunan Province’s Geological Bureau, according to Chinese state media." Read the article retard.
>>518718557>chinese gold*>83 bilion***may have trace amounts of tofu, styrofoam and corn cobs**zimbabwe dollars
>>518718557At $4000 an ounce that’s just 648.44 tons.Now here’s the best part:A cube of pure gold weighing 648.438 short tons would measure approximately 10.21x10.21x10.21 ft.In other words, it’s literally nothing.
>>518718557Sweet I'll be able to get some for cheap! Buying the next dip!
