Altyngold Share Discussion Threads

[harrisun] 15/2/2021 10:38

If you get over £10,000 worth in one go they ask all sorts of questions in the name of money laundering, but you have to wonder whether its about appropriating the metal if they choose, like they did before!

"By Executive Order Of The President of The United States, March 9, 1933"

Ever since western governments in particular have waged war on the gold and silver price by not just allowing manipulation of the metal markets but encouraging it....unless it was purchases, as in the Hunt Brothers.

This interesting excerpt from a book demonstrates beyond any doubt their fear of gold and silver when balanced against 24/7 fiat money.

"In front of 3 witnesses, Bank of England Governor Eddie George spoke to Nicholas J. Morrell (CEO of Lonmin Plc) after the Washington Agreement gold price explosion in Sept/Oct 1999. Mr. George said "We looked into the abyss if the gold price rose further. A further rise would have taken down one or several trading houses, which might have taken down all the rest in their wake. Therefore at any price, at any cost, the central banks had to quell the gold price, manage it. It was very difficult to get the gold price under control but we have now succeeded. The US Fed was very active in getting the gold price down. So was the U.K."

[harrisun] 15/2/2021 10:31

Ha ha....just don't tell them you have any!

Buy a couple of bags of gold or silver coloured chocolate coins, that should do it.

[excellance] 15/2/2021 10:29

I dunno about that. It just takes a dishonest relative or a junky son or daughter and all of a sudden all of your silver has gone.

[brasso3] 15/2/2021 10:28

They were not safe in the USA in 1933!

[harrisun] 15/2/2021 10:26

Brasso. No bank account is safe, but physical metals are!

Excellence, agree you can't fault Elon's ability to notice a way of getting cash, either through subsidy, grant, options, etc. etc.

Its a real shame though he has the use of the name Tesla. Ник;олk2; Тес;ла

A real scientist of merit

[excellance] 15/2/2021 10:25

Who said Elon musk was green?

Is space X green?

He just saw opportunity to disrupt the auto space with new thinking, and embraced the cash on offer. Great business acumen really.

[harrisun] 15/2/2021 10:24

For a share price dropped this morning they don't really encourage purchases. The maximum I could get in one go was just 1,000 shares.

So don't be surprised if you see a few 1,000 and 500 share deals today±!

[onedayrodders] 15/2/2021 10:23

"Tesla made more profit off bitcoin in 1 month that it made from cars in the whole of 2019! That is insane!"


It's all one big disgusting self serving coordinated ramp from the inner circle of benefactors.

and at the centre of all of it is .... absolutely nothing

[cool hand kev] 15/2/2021 10:22

Harrison: Good posts

[harrisun] 15/2/2021 10:14

Its insane Tesla makes a profit at all. NONE of it is from the cars it produces. Its all from either subsidy, grant or payments by other car companies for producing ICE vehicles.

Tesla has had the biggest grants and subsidies in US, then went off to China to get more subsidy and grant, but where its likely the Chinese will welcome Tesla, then knock them out of the market with their own EV after having gleaned all they need.

Its a common misconception that Elon is a master inventor as virtually all the technology is existing, borrowed from other companies, and even the BORING enterprise hailed as innovation, is something borrowed from decades ago.

What the bitcoin purchase shows is green means nothing to the majority of proponents of a highly dubious and very conflicted climate change lobby, who are there for one main purpose...TO MAKE THEMSELVES MORE MONEY.

The famous or should I say infamous 'hockey stick graph' so discredited is still rolled out as evidence!

However is there a case for reducing single use plastics....CERTAINLY. There is no reason why we can't clean up, but even then its thrown at the consumer, when most of the problem was caused by the companies....same as minuscule plastics in cosmetics etc., no one could possibly think that was not going to cause problems?

[brasso3] 15/2/2021 10:07

Tesla made more profit off bitcoin in 1 month that it made from cars in the whole of 2019! That is insane!

[excellance] 15/2/2021 10:05

I sold a few altyn last week following its 35% rise, and bought CHF following their recent weakness. Copper for gold.

I didn't buy any crypto stuff.

Nobody with a brain would invest in fiat currencies, so Elon musk is essentially hedging, and it makes perfect business sense.

Bitcoin is an interesting and increasingly popular phenomenon.

[brasso3] 15/2/2021 10:01

Do you think your bank account will be safe with Quantum computing! :)

[excellance] 15/2/2021 09:58

The reason for that consolidation remains hidden.

[harrisun] 15/2/2021 09:58

Interesting posts here on currency and Elon Musk with regards to his Bitcoin investment.

With regards currency instead of a basket of currencies perhaps back to a gold standard, as that's more reliable than fiat currency.

Notice that Russia, China and many other countries have really signalled a new gold standard by voting with their feet in increasing gold purchases, and other countries have gone out of their way to have their real gold repatriated from the USA and the UK, often with a struggle to get it!

On the Elon front it demonstrates the absolute hypocrisy of claimed green credentials with regards EV's, Tesla etc., when Elon gets involved in a cryptocurrency that is estimated to require more energy than required by 200,000,000 people, to produce what exactly: nothing. a virtual currency having less accountability than fiat, which is a store of value of money...how exactly? and where in any apocalyptic situation it would probably not exist!

With the advent of quantum computing, don't ever think something is uncrackable. let alone wallets going missing etc. etc., Cryptocurrency has more in common with Tulip Mania, but not even having real tulips.

Time for a few more Altyn

[excellance] 15/2/2021 09:56

I prefer BnB coin.

That's binance coin, because owning that allows lower cost trading on the binance platform.

Look, Blockchain is here, we can't put it back in the box, and it has excellent potential for many uses.

[brasso3] 15/2/2021 09:56

I think we have a classic case here of how damaging a share consolidation is. There was no need for it.

[onedayrodders] 15/2/2021 09:51

Looking forward to the day when a regular here selling has no impact on the share price

It's ridiculous that a retail investor or two can sell a chunk and set off such weakness, completely undermines a 5m JORC company who just released a very encouraging production report

[michaelfenton] 15/2/2021 09:48

Bitcoin has no solid basis to exist and is a precarious punt? True some have got rich but it is still a gamble?

[brasso3] 15/2/2021 09:45

We are talking about today in relation to the gold market. Bitcoin is not a competitor to the gold market. It will prove to be a much safer place than being in bonds!

[bsg] 15/2/2021 09:44

Predictions of $1,000,000 per bitcoin. That's $21 trillion in the future.

[brasso3] 15/2/2021 09:39

ALTN is on sale again

[excellance] 15/2/2021 09:37

But while gold prices drift, and bitcoin edges higher, altyngold offers excellent value compared to either.