Discover and read the best of Twitter Threads about #gold

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Weekly NIFTY50 analysis thread.
September Week4.

All posts are for educational purposes.
1
#nifty50
#PriceAction
#ADANIENT
Adani enterprises Image
Read 53 tweets
#DeepikaPadukone: #No_Hasty_Actions_Please

Warning: #Hash_tags in this article are purely coincidental and aren't meant to be taken seriously. Do not Google their meanings. You will end up on same page.
(1/N)
While the whole Hindu Right Wing is baying for Deepika Padukone's blood, I have a different take. I cannot shun this responsibility to post my thoughts about Deepika. I advocate no #Hash_Tea actions against her. Let me elaborate.
(2/N)
We should never forget Deepika is a woman of #substance. She is made of sterner #stuff. She's managed to create her own identity away from her father's shadow and done her best to #weed out nepotism in cinema field.
(3/N)
Read 10 tweets
I was talking with a friend recently about #money, #gold, #silver, currency & petrodollars.

Most of us will be aware of what FDR did in the 1930s regarding personal ownership of gold.

What if the lack of silver in our coins might be an indicator that our nations are broke?
After WW1, #France no longer had coins with silver. The #UK reduced from 92.5% to 50% at the same time.

German went to 0% in 1939.

After WW2, the UK & New Zealand had no silver in their coins, #Australia went from 92.5% to 50%
The #USA & Australia last had silver in their coinage in 1964, the 1966 Aust. 50c piece notwithstanding.

Japan went to 0% in 1966, Canada in 1968.

Soon after we were all on the petrodollar.

By 1973, Bretton Woods was dead in the water.

Fiat currency has reigned supreme since.
Read 8 tweets
Negativity re gold on twitter is getting more common as the price has been going sideways for a while. So here is a thread on the bull market in gold from 1968-80–with some detail on its forgotten ups & downs and factors relative to the market since 2000 #gold 1/n
We remember gold hit $850 in Jan 80. But we forget this was 2nd bull run gold went on post the Dollar tie to gold severed. Between 68 and the second last day of 74 gold rose over 460% to $197. It doesn’t look impressive on the long run chart but in context was a huge bull run
Many said gold was dead–Central banks were selling&who would buy? But new demand was coming. Weaker USD led speculators to buy&liberalisation of the Japanese market in 73 resulted in large flows. Jan 74 saw US investors allowed to own gold coins for the first time since the 30’s
Read 12 tweets
So you want to be free(er). There are a few stages of what people do when they realize this. It starts by being this in forefront of your consciousness. First stage is despair - I live in a non-free world. This law and that law limits my freedom. And often not only laws.
Then you start looking for ways out. Second stage is usually looking for loopholes. Yes, I have to pay custom duty if I import coffee, but if I roast it inside, the duty is lower. If I move my business somewhere else, the taxes are lower and so on.
Then you realize that these loopholes take a lot of time and they are constantly changing. Navigating them becomes as difficult as sailing from Europe to North America in a stormy night without stars. You are blind to the future.
Read 15 tweets
#Thread
Cow urine or #Gomutra is a word that has been used for a long time by leftists, Muslims, communists, & liberals to offend Hindus. So, here I want to discuss some international research papers and patents on the importance of cow urine or gomutra.
1. #Gold from Cow Urine

m.economictimes.com/news/science/j…
Video link:
2. US patent No 6410059- for Antibiotic, Anti Fungal, Bioenhancer effect of Gomutra.

3. US Patent No. 6896907 - For Anti Allergic, Anti infective, Nutrient & Anti-cancer.

4. US Patent No. 7718360- For Anti Oxidant, Apoptosis.
Read 9 tweets
As #tech sold off in the last 2 weeks, there were still places that were resilient during this time period. Whether tech gets through the consolidation phase or breaks lower, time will tell.

Meanwhile few ideas on longs and shorts going forward. 1/
On the long side, equity exposure in #transports, #materials and int'l mkts like #Germany and #Korea worked well. Exposure in these areas continues to stay bullish.

Vols are showing upticks as well, so should stay careful.
$IYT $XLB $EWG $EWY

2a/
Commodities in bullish trend while #Gold and #Silver are consolidating for the time being: #Palladium, #Copper, #Coffee, #SoyBeans

$CPER, $PALL, $JO, $SOYB

2b/
Read 7 tweets
#GOLD INR / #NIFTY Ratio Chart.
Gold is likely to continue its outperformance against NIFTY.
FMCG Index / NIFTY Ratio Chart.
Retracted from the Multi-Decadal horizontal resistance, thereby implying that FMCG's outperformance vs NIFTY is facing a very significant obstacle.
IT Index / NIFTY Ratio Chart - Crossing above an IHS neckline. Could well lead going forward.
Read 6 tweets
Lots of places in #NovaScotia were named for their connections to mining – but #GoldRiver is NOT one of them!
#Gold was discovered in Gold River, #LunenburgCounty, in September 1861 by Daniel Dimmock of nearby #Chester.
#nspoli #cbpoli @Pier12Hugh @BernJordanMP ImageImageImage
However, #GoldRiver is believed to have been named after a Mr. Gould, an early settler, and it’s original name was Gould River. The name was changed to Gold River before #gold was discovered there.
#nspoli #cbpoli @Pier12Hugh @BernJordanMP #NovaScotia Image
The area produced 7610 ounces of #gold between 1881-1940 and today it is beautiful natural space and a bunch of homes on Lacey Mines Road.
#nspoli #cbpoli @Pier12Hugh @BernJordanMP #NovaScotia Image
Read 24 tweets
THE chart of the WE (1)

if we are heading for high inflation due to monetary policy, without economic growth, we should dig deeper on the $gold cycles of the 70ties.

and not, what most analysts are doing, expecting the same cycle behaviour of the 2001-2011 bull market
THE chart of the WE (2)

during the 2001-2011, we had clear +-6 month intermediate cycles. (@badcharts) showed it in a podcast 9 months ago. 3-5 monthly white candles followed by 1-3 red candles, repeating forever.

or 12-20 upweeks, 4-12 downweeks.
THE chart of the WE (3)

Now look at this. #gold trading behaviour during 1976-1980

4 years long, we NEVER exceeded 8 correction weeks.
that's massive.
don't get left behind guys😉

retweet this log chart.
Read 5 tweets
@LukeGromen @kweiner01 Cost side of oil/ #gold correlation is intuitive. More important IMO is time/energy Fx of demand utility. Physical carry(finance), corrosion/decay resistant(electronics), chemical resistant& antimicrobial(dentistry), never losing lustre(jewelry): all time/energy/entropy functions
@LukeGromen @kweiner01 Gold is duration risk free in physics, that’s the first principle of its financial qualities.
@LukeGromen @kweiner01 Not only is it duration risk free while idle & protected, but also in use (lowering entropy in surround systems, ie utility). Unlike any other economic atoms, gold mathematically acts more like information in the economy: diminishing marginal transaction cost vs utility over time
Read 4 tweets
@GOLD_COPD 2020 estabelece 2 fases para o tratamento da #DPOC. Entre as medidas não farmacológicas sempre esteve a abordagem dacesação tabágica. Todavia o acesso / educação a respeito do dispositivo está entre as medidas de altíssima relevância no #ManejoAtivo da DPOC. #ERS2020 Image
Chamar a atenção p/ o dispositivo é extremamente importante já que a maioria dos #Pneumologistas (94%), dos Clínicos (88%) e de profissionais de saúde não médicos (82%) dão importância maior ao medicamento ativo vs. dispositivo segundo pesquisa da @COPDFoundation #ers2020 Image
O diferencial do tratamento idividualizado da #DPOC começa por designar o melhor dispositivo para o paciente avaliando a necessidade de esforço respiratório. E nesse contexto o #Respimat possui a menor resistência vs. pMDI & DPSeco. #ERS2020 Image
Read 14 tweets
#Assetallocation changes as you near retirement. What if your equity #investments are stuck in a phase where the markets are battered?
Can I share #income by creating a trust?
How can an IT employee generate alternate sources of income?
Read 25 tweets
We love getting questions about mining, minerals and geology! We were asked about Nova Scotia’s version of the San Andreas Fault - the Cobequid-Chedabucto Fault System!
Nova Scotia has two halves geologically...
#nspoli #cbpoli #NovaScotia #CapeBreton ImageImage
#NovaScotia has 2 halves geologically: The northern half came from Europe and the southern half from Africa. The Cobequid-Chedabucto Fault System is where they collided 400 million years ago. This caused earthquakes, melted rocks+concentration of minerals like #gold+zinc.
#nspoli Image
People sometimes think of it as a single fault that cuts the province in half. In fact, it's a fault zone or system, not a single fault. There are several large parallel, or nearly parallel, faults that collectively make up the system.
#nspoli #cbpoli #NovaScotia #CapeBreton Image
Read 12 tweets
One of #NovaScotia's oldest mines was the Sibley Mountain Slate Quarry in #ColchesterCounty. From the 1770s to 1860s it provided shingles and flagstones for buildings in #Halifax and England.
Here's the story...
#nspoli #nshistory @LarryHarrisonPC @ZannLenore @MunColchester ImageImage
Only the early Acadian mines at Joggins, which provided coal for Fort Beausejour and Port Royal, and the French mine at Port Morien, which provided coal for Louisbourg, are known to be older.
#nspoli #nshistory @LarryHarrisonPC @ZannLenore Image
The Sibley Mountain quarry was built on land owned by John Olemixon and was commissioned by his close friend, John Wentworth, who became Lieutenant Government of #NovaScotia in 1792.
#nspoli #nshistory @LarryHarrisonPC @ZannLenore ImageImage
Read 8 tweets
1. News: Democrat Insider Details Mail-In Voting Fraud Operation: ‘This Is a Real Thing’ -Thread 8.31.20 breitbart.com/politics/2020/… #WhistleBlower #Voting #MailInBallots #Fraud
2. News: Indiana Rep Jim Banks Introduces “Support Peaceful Protest Act” To Prevent Rioters Arrested For Looting, Vandalism, or Acts of Violence From Receiving Federal $ Benefits breitbart.com/politics/2020/… #Riots #Terrorism #PeacefulProtest
3. News: 'I am 100% Antifa': Alleged Portland shooter of Trump supporter (also an ardent BLM supporter) was previously arrested—and released—for bringing illegal loaded gun to a riot | thepostmillennial.com/i-am-100-antif… #Riots #Terrorism #PeacefulProtesters #Murderer
Read 79 tweets
We are nearly a month later and BOY IS IT WORSE then i thought.

The Definitive August #COMEX #Silver #Shadowcontracts thread!

Summarized; I know I'm right now. The patterns that emerged this month have been enlightening.

COMEX. Is. Dead.

Picture first explanation later! 1/y Image
I would highly recommend first reading the other thread. But just to summarize; #Shadowcontracts are the contracts that are created, then delivered, on the same day.

This means that open interest goes up by 1, then down by 1, meaning there's 1 delivery to 0 OI change. 2/y
So if open interest changes by -10, but there where 15 deliveries, there where 5 #shadowcontracts.

Open interest being below the number of deliveries isn't a problem, it should simply never be above it.

As shown in the picture, It adds up to quite a few ounces. 3/y
Read 33 tweets
The East Gore Slate Quarry in #EastHants likely started operating in the mid-1800s and operated into the early 1900s.
Here's the story of the quarry and how it's connected to Courthouse Hill and the Rawdon #gold mines!
#nspoli #novascotia @EastHantsNS #hants ImageImage
The historical quarry is on turn-of-the-century geological maps but there are no official records of its production, so precise dates aren’t available.
A mill was built nearby to turns its slate into roof shingles.
#nspoli #novascotia #easthants #hants Image
Today there is a modern slate quarry directly across Slate Quarry Road from the historical quarry.
One of the many old buildings that used East Gore slate for its roof was the courthouse on what we now call Courthouse Hill, but which was once known as Judgement Hill.
#nspoli ImageImage
Read 10 tweets
Misconceptions about modern #gold mining stem from historical mining practices that we agree were not good enough. No industry took proper care of the environment 100-150 years ago. However, historical sites like these have nothing to do with modern mining.
#nspoli #cbpoli ImageImage
Modern mining is a sophisticated, science-based activity that takes proper care of the environment. Nova Scotia mines are stringently regulated by the provincial and federal governments.
#nspoli #cbpoli #novascotia #capebreton ImageImage
Some people have questions about how we manage the environment, so below is information on some of the questions commonly raised.
#nspoli #cbpoli #novascotia #capebreton Image
Read 11 tweets
#USD & #GOLD FACTS:
-Dollar Bashers & Dollar Bashing is ALSO ANTI-#American
-Many countries are forced to tie/fix/peg their currencies to the USD. It is one of the smartest things you can do for your country & gives you security beyond imagine
-Poor Cambodia did this& strong due
2/
-Barbados Pegs it's currency at 1.9-2.0 to the USD.
-Stone age Gold Scammers claim there is nothing to back the USD, but ENTIRE NATIONS have tied themselves to the USD & the trading & economic flows & relationship on USD. IN FACT this means ALL THESE ECONOMIES Back the USD.
3/
-ALL THE ASSETS that are bought & sold & traded into USD as the primary exchange vehicle & their UNDERLYING HARD ASSET VALUES & INCOMES relative to the world, back the USD.
-All these assets relative to other regions in the world, ALSO back it
-Gold bugs have no clue what talk
Read 6 tweets
The #Fed Playbook
Aug. 20, 2020

What's up with the Federal Reserve this week? Time fo a thread. 👇

1/ The balance sheet is back above $7 trillion. We are probably not going to go very much below that this year. ImageImageImage
2/ Since the start of the #Fed intervention this year that's $2.8 trillions added.

Sure that's a lot of money... but in percentage that's only a 65% expansion.

There is a lot more room for growth if we compare to what happened after the 2008 crisis. 🧐 ImageImage
3/ But the #FOMC doesn't really have a choice... #stonks need to go up... Image
Read 5 tweets

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