Quote from: Lokmar on May 02, 2024, 06:25:19 PMBuy it up, josephine!

I think I'm gonna slow down in the Metals buying for a while LokmarL okmeer.

Gold 'n Silver have stalled lately, hit a ceiling & are going down at the moment.

But at least it seems ta be stable at the moment.

Gold at $2300? Silver at $25?

Actually when the price was higher & rising, about a month I spoke with an mining engineer & he thought that the gold price was reaching its limit this year at around $2400. $2500 very max

what he told me is that Gold costs about $1400 US to mine - which is its break even point or what he labelled its 'theoretical price'.

And then he said the 'practical price' of gold is $1900 US.
Maybe that's the retail price it normally trades at?

And anything beyond $1400 is all profit for the mining companies.

Mind you his figures may be dated. Say we kick in inflation & the break even price now might be $1600-1700? And the practical price is now $2100-2200?

So perhaps its current price of around $2300 is around where it should be trading at. Likewise $25 silver.

I suppose next year there might be a bump in the prices again. Possibly a conservative estimate/2025 projection of $2500 Gold and $30 silver?

Quote from: Shen Li on Today at 01:12:26 AMSE Asia is using their resources to adapt to climate change rather than follow Canada's failed climate policies of forcing poverty on it's citizens.

Indonesia is ripping out the rain forests... they are environmental vandals.

NY v Trump: Remaining alleged gag order violations hang in balance as trial resumes

The NY v. Trump trial will resume Friday for its 11th day as the court will hear continued testimony from computer forensic expert Doug Daus.

Source: NY v Trump: Remaining alleged gag order violations hang in balance as trial resumes

Quote from: JOE on May 03, 2024, 10:02:50 PMAre pensions quite limited in Australia caskur askur?

I guess pensions stretch further in Spain than Australia eh?

Western Australia is really expensive. We are the mining state...  if you watch the lady the whole way through she explained her predicament. She never owned her own place and only held $60,000 in superannuation... that's a pittance. That won't last your retirement.

I am not 100 % sure what a full pension is. I think it's  around $500.00 a week.

Unless you live in a state housing place then your $500 a week isn't going very far... watch the video.... watch the whole lot... it's very, very informative.

We have many hundreds of thousand to top up our pension plus our mortgage was fully paid off over 15 years ago... that lady wasn't in our position and she's always lived the high life... to live the high life where I am you need maybe $1,500 or more a week. She wanted to live the high life and still does. Her Australian pension goes very far in Spain.

Quote from: Herman on May 03, 2024, 10:14:19 PMI have been to Spain dozens of times. My kid brother is an overseas toolpush living in Portugal with his Italian-Argie old lady and their kids.

Spain and Portugal are cheap by West European standards. So is Southern Italy. But, most of the countries that made up the former Yugoslavia are cheaper.

I wouldn't  go live in those fucking countries if you paid me a billion $. Women go missing all the time and they continually
War. Anyone getting rid of their monarchy are bad news.

Quote from: JOE on May 03, 2024, 10:02:50 PMAre pensions quite limited in Australia caskur askur?

I guess pensions stretch further in Spain than Australia eh?

I just wrote out a good posts and lost it.... I have to write another one so I am very pissed off about that. This forum doesn't cache so if you lose your post it's  gone forever.

Give me a bit of time to redo another one.

SE Asia is using their resources to adapt to climate change rather than follow Canada's failed climate policies of forcing poverty on it's citizens.

I know a lot of Aussies in Singapore.  They say cracks are appearing in their health care system too. Not as bad as in Canada, where provincial governments are facing bankruptcy just to delay it's inevitable collapse, but still.

I never go to McDonald's anywhere, but I looked it up and a Big Mac in Singapore costs $7.50 SG or a little over $8.00 CDN.

Quote from: Aryan on May 03, 2024, 01:21:06 PMHe probably got tired of the relentless pro-jew garbage on here.

That implies he has Jewish bogeymen living in his head.