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/biz/ - Business & Finance

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17377846 No.17377846 [Reply] [Original]

>India finds gold deposit 5 times larger than its government gold reserves.

https://www.financialexpress.com/india-news/yogi-adityanath-strikes-gold-3500-tonne-goldmine-found-in-uttar-pradeshs-sonbhadra-district/1875151/lite/

>> No.17377855

>>17377846
Bump

>> No.17377870
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17377870

Oopsie doopsie

>> No.17377875

Bullshit. Fake news. Gold ore or gold? How can they tell? is it above ground? or did they sample some paydirt? Cmon man.

>> No.17377888

yeah lets see them get it out of the ground

if it were easy it'd already be out

>> No.17377953

Bullish for PNK. India superpower 2020.

>> No.17377967

>>17377875
cope

>> No.17377968
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17377968

>>17377846
>$185 billion at the current price
you need to put up those rookie numbers, sirs. The Fed can print that out just in a quarter

>> No.17377979

>>17377888
cope too

>> No.17378002
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17378002

>>17377875
>b-bulshit.... IT'S BULLSHIT!!!

>> No.17378512

>>17377967
Sorry for not believing Indians like you.

>> No.17378533
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17378533

>>17377846
Leave schiff to me, sirs

>> No.17378534

>>17377979
it's not cope

there is plenty of oil underground that is actually worthless because its too expensive to extract

when they get it out of the ground they can sell it - i'll wait

>> No.17378568
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17378568

>>17377846
You will now do the needful, sirs.

>> No.17378616

Superpooper 2020

>> No.17378663

>>17377846
THIS is GOOD for gold. The market is just wrong, anon, you actually should be doing what I say because everyone else just doesn't get it.

>> No.17378731

Actual opinion here:
Literally nothing. Total gold is 175k. Officially this is 3,5k, which will be exploited in the next 20 years. Maybe 70-80% can actually be extracted and it is not really 3,5k. The gouvernment is lying, as always, and it is either 0 or 2k at best.

Might as well call Blohm&Voss and tell them its over, because your brother decided to start building boats

>> No.17378962

>>17377846
Good, hopefully the price drops. I'm priced out right now.

>> No.17378989
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17378989

holy fuck india really superpooper end 2020

>> No.17379004

>>17377875
It's gold ore. Read the article dipshit. So it's not going to yield anywhere near 3500 tons, probably not even 300.

>> No.17379006
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17379006

>>17377968
>Gold marketcap after 5000+ years of mining

7 trillion
India just found almost 300b