(31 Million Tonnes!!!) Uganda announces discovery of huge gold deposits
(www.thecitizen.co.tz)
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There are 100s of millions of tons of Gold on earth.
There is probably more Gold bars and bullion than Silver.
Thats why the big 3 Banks are trading billions of ounces of shorts on Au back and forth with each other every day; to keep the comex price down. They are then accumulating physical Silver as fast as they can before the truth about gold comes out.
Expect to hear that more and more millions of tons of gold are 'found' in the next few months..... and buy physical silver now. You're Welcome.
Gold shall destroy the FED
Lmfao, never thought they meant like THIS
If suddenly gold is super abundant, then its worth shit except industrially. Even diamonds are only valuable because of manufactured scarcity.
All the high grade silver close to the surface is mined out.
^^^ yep ^^^
I'd agree with 1/2, but not ""All"".....
The entire planet has not been mined out for Silver.....
There are lots and lots of places that haven't been mined at all, where there is still lots of accessible Gold and Silver, IF you know where to look, and IF you can follow the Obvious Clues....
All,the easy silver has been mined then. My understanding is that all the high grade ore bodies are close to the surface,and mined out.
Not counting Antarctica, and other such places.
Sometimes, those places are obvious, like the Name of a place....
Sometimes not soo much....
That's why the UN and other "World" orgs have been designating places as their own, so we do not go in and do low level Mining, which isn't against our own laws....
Is that you Bix?
whos Bix?
Bix Weir - YouTuber (RoadToRoota) - declares weekly what you are saying. He especially loves the Grand Canyon story (billions of ounces of gold supposedly there).
Ive seen that guy.
With the incredibly shitty intro song right?
Bingo! "Pay me my silver now"...hahahaha ;)
Yup
He was one of the early finds for me that got me down the research hole on this.
If this is comms...
Gold = Inventions. Big ones. Like zero-waste water fuel cells or Tesla wireless energy conveyance.
Less so just the invention, however.
It's the SPIRIT of invention. Generation of new life through your children. A spiritual immortality -- where you live on in what you gave to the world from the womb of your mind.
Uganda looks like they're gearing up for an industrial revolution. That, or they're gonna start selling their children for body parts... Could go either way, depending on the Esoteric/Exoteric/Spiritual slant...
Sleepydude that's more than the USGS claims has ever been found it total and might well allow completely gold-based currencies worldwide. World GDP OF 88 TRILLION if info is correct.
Damnit. My pockets are heavy enough as it is... Gold is heavy!
Kidding aside...
That is a suspicious amount of Gold. Lends credence to the idea that Gold in MSM doesn't necessarily refer to Real Gold, aye?
yea, things get weird at macro levels...
Take leather which can be made from a lot of different animal skins, it's expensive because of quality, NOT because its rare, we eat billions of animals a year because they are delicious, so there must be a huge oversupply. Kek
Wait!
Is that the secret stash that Nigerian prince was trying to get me to help him recover?
Did I miss out on a 10% cut on all that gold?
Wasn't there supposed to be gold in the basemant of the Twin Towers? Did we ever find out what happened to Qadaffi's gold?
Maybe this is the gold laundering process? Oh look, a new find ...
Run on gold coming.
Last time it was a mining the asteroids announcement.
These are funny.
2015
Routine maintenance discovers an estimated 4 tonnes of gold inside the Large Hadron Collider – Scientists left “perplexed”
https://bullion.directory/cern-scientists-create-230m-dollars-gold-in-lab/
31 million tonnes of gold ore, with extractable pure gold estimated to gross 320,000 tonnes.
Extraction of gold is only 1% of the amount of the ore.
Still... potential deposit of 320,000 tonnes of gold is nothing to sneeze at.
Oh, I can’t wait to see what kind of crazy shit the leaders of Uganda waste all the money on! Porsche SUVs, gold toilets, etc…
Africa has been keeping it real, so stoked a whole continent can stay relatively based, even South Africa is holding the line in a lot of ways. I think that their unification is a lot more significant than we might give them credit for. Shit, remember the Trump rallies they had around Africa in the summer of 2020?!
What the... what will that do to gold prices?
Down down down
The thing is, gold is valuable because it is rare
https://www.usgs.gov/faqs/how-much-gold-has-been-found-world
According to usgs only 244k tonnes ever found and some of that still in the ground...
Well, there went the price of gold. 😋
What Idi Amin could have done with this windfall, he could have been the King of Scotland for instance.
That would really help in the need for gold in the shift to a gold-backed currency.
Humm very interesting ...
The democrats will be there soon to help them
It doesn't matter how many resources you have.
If you don't know how to use them, they will never be enough.
Uganda has had thousands of years to build a civilization.
Have they?
I'm sure the Clinton Foundation is on top of it.