Interesting!
bidask
Posts: 14,017 ✭✭✭✭✭
I manage money. I earn money. I save money .
I give away money. I collect money.
I don’t love money . I do love the Lord God.
I give away money. I collect money.
I don’t love money . I do love the Lord God.
1
Comments
Ah dude, you beat me too it.
Knowledge is the enemy of fear
That is a huge investment for a company who is still not profitable. Cheers, RickO
indicates they are sitting on a mountain of cash and don't like the alternatives to parking it.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
You know, BidAsk, whats most interesting about this is the non-interest by the gold bugs to this story. This may be the most influential news for gold.....ever!! Yet nothing. Almost no comments. If it aint conspiracy or manipulation based they dont care. Interesting indeed.
Knowledge is the enemy of fear
I repeat: indicates they are sitting on a mountain of cash and don't like the alternatives to parking it.
Spin, twist. LOL
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Or it could be the two comments posted so far match the gold bug's opinion and they don't feel the need to beat a dead horse...
So they killed the fundamental horse and keep the conspiracy horse on life support?
They gold bugs had a lot to say when companies put bitcoin on their balance sheet, yet now when a company adds gold all we get are crickets. Very intersting indeed.
Silence is very loud.
Knowledge is the enemy of fear
I am sure it is - I can't imagine what it's like being alone with your thoughts...
I can't imagine what it's like being alone with your thoughts...
lol
it could be the two comments posted so far match the gold bug's opinion and they don't feel the need to beat a dead horse...
If true, the market should respond in a positive way or else we may see some "anomalies" pop up in the market, perhaps a quickie flash crash in gold over the weekend to discourage any followup buying.
In the era of fake news, anything can happen and it doesn't have to make sense. CNBC isn't the first source I'd go to for any kind of news.
I knew it would happen.
You are constantly with me.
Knowledge is the enemy of fear
You realize you can find the same story on 100 other news outlets, some of which also advertiae pillows.
Interesting that those who always see fake news never see fake news.
Knowledge is the enemy of fear
You realize you can find the same story on 100 other news outlets, some of which also advertiae pillows.
Interesting that those who always see fake news never see fake news.
You realize that all I said was that CNBC is not the first source I'd go to? Maybe you didn't understand what I wrote.
Why your fixation on Mike Lindell? What does Mypillow have to do with any of this? Please enlighten us.
I knew it would happen.
" You realize you can find the same story on 100 other news outlets, some of which also advertiae pillows. "
Not the first time you have mentioned pillow salesman. Your coy way of sneaking in a political jab?
Because you value pillowmans opinion and im just calling you out for not recognizing fake news. Im vilipending you. Get it now?
But we're getting away from the OP. This is really big news, but draws yawns from the PM duds. A good solid fundamental for gold is ignored.
Knowledge is the enemy of fear
Banks to Companies: No More Deposits, Please
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Because you value pillowmans opinion and im just calling you out for not recognizing fake news. Im vilipending you. Get it now?
What I recognize is that the banking system and the operatives who run it should be audited and most likely cited for racketeering.
I knew it would happen.
They are being regulated by their former employees and their peers. What could one expect?
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Interesting, my bank loves for me to make deposits. Hell they even send me free personalized deposit slips. It's the withdrawals they like to make difficult.
The whole worlds off its rocker, buy Gold™.
I took it as you don't trust CNBC.
if that's not the purpose of what you wrote, I'm lost as to the reason
Investment in Gold
During August 2021, the Company purchased $50.7 million in 100-ounce gold bars. Such purchase will initially be kept in a secure third-party facility located in the northeastern United States and the Company is able to take physical possession of the gold bars stored at the facility at any time with reasonable notice.
directly from their 10Q filing:
https://d18rn0p25nwr6d.cloudfront.net/CIK-0001321655/55ab4b3e-dc8c-4c4a-bc0f-980d82d17d20.pdf
I took it as you don't trust CNBC.
if that's not the purpose of what you wrote, I'm lost as to the reason
You aren't lost as to the reason. I got tired of their bias in several areas, including financial.
I knew it would happen.
Their "coverage" of the GME/AMC runup was awesome. All the shills CNBC brings on their shows were calling for retail investors to be banned from options trading because they caught the hedgies blatantly with their pants down.
If viewers actually knew the history of their regular "contributors" and "interviewees" like the Najarian brothers, Cramer and all the other pumpers and dumpers, you would be better off getting "advice" from a monkey. When Archegos was levered 5x and lost $100,000,000,000 no one batted an eye, LOL.
All the shills CNBC brings on their shows were calling for retail investors to be banned from options trading because they caught the hedgies blatantly with their pants down.
lol, that would've been fun to watch.
_If viewers actually knew the history of their regular "contributors" and "interviewees" like the Najarian brothers, Cramer and all the other pumpers and dumpers, you would be better off getting "advice" from a monkey. _
lol, ya think?
I knew it would happen.
You missed the meaning of objectivity in reporting , maybe. The flip side, if you so choose.