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/biz/ - Business & Finance

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49649039 No.49649039 [Reply] [Original]

https://www.thecitizen.co.tz/tanzania/news/east-africa-news/uganda-announces-discovery-of-huge-gold-deposits-3842400

>> No.49649115

>>49649039
>trust me bro, you don't need to see it. Ooga booga
pics or it didn't happen you fucking NIGGER.

>> No.49649407
File: 32 KB, 981x415, maul23.jpg [View same] [iqdb] [saucenao] [google]
49649407

this FUD again, imagine trusting niggers to report accurate stats.

>> No.49649439

>>49649039
>Uganda

Have you gone there (Pun, GET IT?)

It's in the ground still, and it's also fucking Uganda bro

>> No.49649457

>>49649115
You will work at mc donalds while we will be ridin gold, what u gonna do about it whiteboi?

>> No.49649481

>>49649439
Another whiteboi jealous cuz we rich, get fucked

>> No.49649498

>>49649039
ore isn't gold
but we see this story every year

some poor as fuck african country pretends like they made a huge gold find in the hope a mining company sends out a geologist to confirm the finding

then they kidnap the geologist and ransom them

>> No.49649538

>>49649039
literally fake news

>> No.49649590

>>49649538
Do you live at Uganda? i do live at Uganda and this is real.
prove its fake or you are a faggot

>> No.49649658

>>49649590
i live at usa

>> No.49649708

>>49649590
Prove you live in Uganda faggot.

Imagine thinking this is anything other than a shake out of gold, imagine trusting fucking Uganda, and imagine the kikes aren't so scared they make up shit to smash the price of gold during inflation to prevent common folks from having a safety.
Its fucking lies until proven otherwise.
>they lied about everything else, but this one african country surely didnt.

Lol. Lmao.

>> No.49650254
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49650254

>>49649498
>some poor as fuck african country pretends like they made a huge gold find in the hope a mining company sends out a geologist to confirm the finding
>then they kidnap the geologist and ransom them

FUCKING KEK

>> No.49650272
File: 58 KB, 600x400, 1648568145243.jpg [View same] [iqdb] [saucenao] [google]
49650272

>He doesnt have gold
HAHAHAHAHA NGMI

>> No.49650307

>>49649039
this is a spam thread
why are they flooding the board with this out-of-context "news"
should I STACK HARDER?

>> No.49650356
File: 207 KB, 709x424, huytuy.png [View same] [iqdb] [saucenao] [google]
49650356

oh no, 320 tonnes of gold, with extraction concluding in the 2040s or 50s, assuming conditions are perfect... thats what? less than 0.4% of global supply... assuming everything goes perfectly... in africa... and the ore is best possible quality... ahahahah

>> No.49650488

I can’t wait for all the threads asking where to buy gold and silver… if silver can be extracted from old electronics… if their moms dishes are real silver or not. Now is your last chance to get on the train fuckers because once it leaves the station there is nowhere else to go.

>> No.49650505

>niggers
Yea ill believe it when i see it

>> No.49650718

Wakaliwood to overtake hollywood and bollywood. We will have da best action movies!

>> No.49650760

>>49649039
Fake news. Either it's created by the West so they can keep the dollar propped up just a little longer or it's created by China so they can manipulate the price lower to buy more before cornering the market.

If you sell your gold, you're shooting yourself in the head.

>> No.49650888

>>49650356
320,000 tonnes, anon. Not 320 tonnes.

>> No.49650936

I would jack off day and night to $1,000 ounces of gold if this article were true.

>> No.49650974
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49650974

Not my problem, I've got silver

>> No.49651512

>>49649708
Nice try fed

>> No.49651653
File: 78 KB, 650x650, nqPk953deL.jpg [View same] [iqdb] [saucenao] [google]
49651653

>>49649039
>>49650888
Assuming the ore is of the highest possible quality and it could theoretically all be mined and processed instantaneously, you will get approximately 1 ounce per 1 ton of rock ore to bring to market. Therefore...

320,000 tons of ore = 320,000oz of gold enter the market immediately

Current gold reserves of the world = 244,000 tons of pure gold

244,000 tons of gold to ounces = 8,606,847,000 oz

320,000 out of 8,606,847,000 = .00372% of the world's reserve gold

Not even one-tenth of one percent. Confirmed nothing-burger. Confirmed you are retarded. I will continue stacking.

>> No.49651734

>>49649039
Uganda will surpass America as a super power by 2023

>> No.49652393
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49652393

>>49649039
>tfw don't own gold, but I'll just slurp it if it shoots down to silver grade prices