Tag Archives: gold

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Phil McAndrew writes:

The mine at Clontibret, Co Monaghan contains 1 million ounces of gold @ $1,342 per Oz . Maths: $1,342,000,000  – and that’s just one mine in Monaghan with only 20pc of the target area assessed.

We borrow FIAT money and pay back debts with bullion – nice.

 

RUSH!

Viability of gold mine in Monaghan confirmed by exploration firm (Ailish O’Hora, Independent.ie)

Gold prices

An 18-carat gold Monopoly set with hundreds of precious gemstones went on display last weekend at the Museum of American Finance in New York. The dice alone are worth $10,000. Created by jeweler Sidney Mobell, the game (worth $2,000,000) is on loan from the Smithsonian Institution National Museum of Natural History.

Slideshow here.

In other news:

Really, Tesco, Bray? Really?


Gold To Go – the world’s first gold vending machine. Already installed in Abu Dhabi, Germany, Italy and Spain. Next stop, Las Vegas and Florida.

From the hideous blurb:

The GOLD to go vending machine is an unmanned point of sale. It offers an extraordinary opportunity to purchase gold bars and coins of assured quality, backed by the security of a Swabian Fort Knox® and with the ease-of-use of a vending machine. Prices are updated in real-time. The GOLD to go gold vending machine is largely burglar-proof and tamper-resistant. It has an excellent user guidance, which makes it very easy to handle.

‘Burglar proof and tamper resistant’, eh?

Sounds like a challenge.

cnet