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I like this prediction

buffalonutbuffalonut Posts: 213
in Precious Metals
Barrick CEO

Comments

  • JeremyDie1JeremyDie1 Posts: 2,383 ✭✭✭
    image
  • agentjim007agentjim007 Posts: 6,256 ✭
    When asked about the possibility that central banks, including China, might start buying gold, he opined, "If they decide to diversify, we assume into gold, then we start to talk about a trebling or quadrupling of the gold price.

    what does trebling mean?
  • 57loaded57loaded Posts: 4,967 ✭✭✭
    ever fish with a "treble" hook?

    it means three or tripling
  • Coll3ctorColl3ctor Posts: 3,339 ✭✭✭


    << <i>ever fish with a "treble" hook? >>





    Sure have image
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭
    Sounds great but I don't know if I want to be living in that kind of world. Some serious sheit must hit the fan for this to happen.
  • buffalonutbuffalonut Posts: 213


    << <i>Sounds great but I don't know if I want to be living in that kind of world. Some serious sheit must hit the fan for this to happen. >>



    IMO, you are living in that kind of world. Gold went well over $800 back in 1980, $2300 inflation adjusted for todays' dollars, the world did not end then.

    I can remember my dad dancing a jig with a glass of Chivas in his hand and a 3lb Folgers coffee can nearly full of gold (~1300 ozt) sitting on the cookhouse table. I was a sophomore in highschool and the family business was placer gold mining.
  • carscars Posts: 1,904


    << <i>
    what does trebling mean? >>



    My radio has terrible trebling and hardly any bass.
    Its all relative
  • dac076dac076 Posts: 817 ✭


    << <i>

    << <i>
    what does trebling mean? >>



    My radio has terrible trebling and hardly any bass. >>




    Are we talking about fishing again? image
  • mhammermanmhammerman Posts: 3,769 ✭✭✭
    Hey, I gotta haddock here so just sit on your perch and stop floundering around while I mullet over for a while. Hummmmmmm
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