« In The Mail | Main | Mulcaring: "Here's some money, you ignorant old rednecks." »

It's Probably Nothing

By Kate on September 14, 2015 5:41 PM | 14 Comments

"It's Virtually Impossible To Get Physical Gold In London" (h/t Adrian)

14 Comments

Gord tulk | September 14, 2015 6:18 PM | Reply

For those looking for end-of-the world gold, this format makes the most sense to me:

http://www.combibar.com

And apparently they are in very high demand.

Cal2 | September 14, 2015 6:34 PM | Reply

It's available in vending machines in Dubai . Kind of like those pressed pennies . But hooked to the internet so the price of gold is updated to the second
1000$ gold bits with the burq Khalifah squeezed onto one side

Sigivald | September 14, 2015 6:44 PM | Reply

It is "probably nothing", because gold is, frankly, BS.

ZeroHedge is to fiscal analysis more or less what FreeRepublic [or Democratic Underground] is to politics.

(If you look closely, of course, it's "gold for export to South Asia" that's in short supply in London, not worldwide or anywhere else.)

Any coin shop can get you all the gold you, a normal mortal, can afford, with only shipping delay - if their stock on hand doesn't fill that need, which is likely.

Need 500,000 dollars worth shipped to China or India? Yeah, that might be a little difficult.

And that does not matter at all.

rd | September 14, 2015 6:51 PM | Reply

They cannot find any gold for export.

I guess the massive Welsh and Scottish gold mines are all played out?
/sarc

forks_make_us_fat | September 14, 2015 7:42 PM | Reply

you can't eat gold...

TheTooner | September 14, 2015 7:47 PM | Reply

I don't care for gold or silver. I have enough steel, but still need more lead, copper, brass.

Steve from Rockwood | September 14, 2015 7:50 PM | Reply

Interesting graph.

https://en.wikipedia.org/wiki/List_of_countries_by_gold_production#/media/File:Top_5_Gold_Producers.png

JohnPeg replied to comment from forks_make_us_fat | September 14, 2015 11:32 PM | Reply

True, but you CAN eat what the gold will buy. What an ignorant, unschooled, unthinking comment yours was.

T.C. | September 15, 2015 12:58 AM | Reply

I have been shorting gold for six months and made about 20% plus return. I don't see any point in going long.

Zero Hedge has been entertaining and it is possible to mine some valuable nuggets from the dross they spew-up. But I do think that if they continue to allow free-reign to the Ron Paul promoters, the conspiracy theory nut-bars and the virulent international Jewish conspiracy bigots - particularly in the comments section - then their days as a blog are numbered.

Some days I wonder if I am reading individual bloggers on ZH or the FSB/Iranian/Islamic State disinformation apparatchiks employed at the Kremlin/Terhan/Raqa. It is becoming difficult to tell the difference...

Steve Adams | September 15, 2015 2:44 AM | Reply

you can't eat gold... I cant take it to Safeway or Sobeys and trade it for a loaf of bread or a ribeye either. Other then goldbugs the value is limited. I cant even buy a beer with it at the local tavern. Its a commod with a paper value higher then physical.

TheTooner replied to comment from JohnPeg | September 15, 2015 3:09 AM | Reply

When food is really scarce, you'd trade your gold for it, but who will trade food for something they can't eat?

JohnnyD | September 15, 2015 11:16 AM | Reply

Anyone else pay attention to Jesse's Cafe Americain?

mojo | September 15, 2015 12:45 PM | Reply

Not only that, but it's physically impossible to get virtual gold in London, as well.

Woodporter replied to comment from TheTooner | September 15, 2015 12:49 PM | Reply

Perhaps those who have more food than they need for themselves.

Name

Email Address

URL

Remember personal info?

Comments (You may use HTML tags for style)

Best Canadian Blog
2004, 2005, 2006, 2007

About Kate

Why this blog?
Until this moment I have been forced to listen while media and politicians alike have told me "what Canadians think". In all that time they never once asked.

This is just the voice of an ordinary Canadian yelling back at the radio - "You don't speak for me."

homepage
email Kate
(goes to a private mailserver in Europe) I can't answer or use every tip, but all are appreciated!

Katewerk Art

Support SDA

I am not a registered charity. I cannot issue tax receipts.

Reconnaissance Man

Economics for the Disinterested

...a fast-paced polar
bear attack thriller!

Want lies?
Hire a regular consultant.
Want truth?
Hire an asshole.

Weather Shop

Click to inquire about rates.

Dow Jones

What They Say About SDA

"Smalldeadanimals doesn't speak for the people of Saskatchewan" Former Sask Premier Lorne Calvert

"I got so much traffic after your post my web host asked me to buy a larger traffic allowance." Dr.Ross McKitrick

Holy hell, woman. When you send someone traffic, you send someone TRAFFIC. My hosting provider thought I was being DDoSed. - Sean McCormick

"The New York Times link to me yesterday [...] generated one-fifth of the traffic I normally get from a link from Small Dead Animals." Kathy Shaidle

"Thank you for your link. A wave of your Canadian readers came to my blog! Really impressive." Juan Giner - INNOVATION International Media Consulting Group

I got links from the Weekly Standard, Hot Air and Instapundit yesterday - but SDA was running at least equal to those in visitors clicking through to my blog. Jeff Dobbs

"You may be a nasty right winger, but you're not nasty all the time!" Warren Kinsella

"Go back to collecting your welfare livelihood."Michael E. Zilkowsky

Intelliweather

Seismic Map

Comments Policy

Read this

Best Of SDA

Hide The Decline
The Bottle Genie
(ClimateGate links)
You Might Be A Liberal
Uncrossing The Line
Bob Fife: Knuckledragger
A Modest Proposal (NP)
Settled Science Series
Y2Kyoto Series
SDA: Reader Occupation Survey
Brett Lamb Sheltered Workshop
Flakes On A Plane
All Your Weather Are Belong To Us
Song Of The Sled
The Raise A Flag Debacle
(Now on Youtube!)
(.mwv Video)
Abuse Ruins Life Of Girl
Trudeaupiate
Kleptocrat Jeans
Child Labour
I Concede
Small Dead Feminist
Protein Hoser: THK Interview
The Werewolf Extinction
Dear Laura (VRWC)
We Wait
Blogging The Oscars
Jackson Converts To Islam
Just Shut The HELL Up
Manipulating Condi
Gay Equality Rights

Sun	Mon	Tue	Wed	Thu	Fri	Sat
		1	2	3	4	5
6	7	8	9	10	11	12
13	14	15	16	17	18	19
20	21	22	23	24	25	26
27	28	29	30

Woodporter: Perhaps those who have more food than they need for read more
mojo: Not only that, but it's physically impossible to get virtual read more
JohnnyD: Anyone else pay attention to Jesse's Cafe Americain? read more
TheTooner: When food is really scarce, you'd trade your gold for read more
Steve Adams: you can't eat gold... I cant take it to Safeway read more
T.C.: I have been shorting gold for six months and made read more
JohnPeg: True, but you CAN eat what the gold will buy. read more
Steve from Rockwood: Interesting graph. https://en.wikipedia.org/wiki/List_of_countries_by_gold_production#/media/File:Top_5_Gold_Producers.png read more
TheTooner: I don't care for gold or silver. I have enough read more
forks_make_us_fat: you can't eat gold... read more

It's Probably Nothing

Categories:

14 Comments