AMC acquires stake in gold and silver mining company

#AMC #silvermining #gold #silver
Yahoo Finance’s Brian Sozzi reports that AMC has acquired stake in gold and silver mining company Hycroft.
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Michelangelo Pe on March 16, 2022 11:06 pm

i have discovered the nature of money that would provoke the gold and cryptocurrencies market crash. If you buy put options on gold and with your influence make my theory on money known provoking the gold market crash you would become rich. Being everything else the same a country with no gold is wealthier than a country with gold that protects the mineral inside a vault. Being everything else the same imagine a country with a baker, a fishmonger and a singer with no gold and another with a baker, a fishmonger and a guard to protect gold inside a vault. Which one lives better? Which one is wealthier? The country with no gold is wealthier because the baker and fishmonger get entertained by the singer for their money but the country with gold have to work to pay the guard to protect a mineral that offers no wellbeing or wealth because is useless inside a vault. An analogy would be an innocent kid after saving his pocket money buys a bicycle and his father tells him that he can store the bicycle in a garage unused to sell it in the future, but the rent of the garage would cost him some of his pocket money or he can use and enjoy the bicycle. Which option would the kid choose? There is not benefit in buying to sell because no value is added. Do you understand? The gold becomes wealth when is used, sparing the cost of protection. Because gold is increasingly more expensive to dig out as there is less underground and is increasingly cheaper as there is more on offer overground there would be a point when nobody would be mining the mineral. How much cost the taxpayers to protect gold? Cryptocurrencies are a number but money is transferable debt, a number and a name. Who would sell last, capitalist or communist? Humanity is throwing fortunes to the rubbish bin protecting a mineral valuable for its intrinsic usefulness in jewellery and manufacturing.
When the demand for put options on gold increased the price would go up signalling the expectations for the market to crash triggering the crash.

View 7 Comments

7 Comments

Anton A. Gress on March 15, 2022 5:09 pm

Here comes a birth of new Berkshire?
Thatn_ggajandro on March 15, 2022 5:39 pm

AMC IS A CHINESE OWNED COMPANY NOW…
Yodmich Mich on March 15, 2022 6:07 pm

I will buy a silver coin from amc
Ja Rule on March 15, 2022 8:40 pm

Surprised yahoo is actually telling the truth.
Devon on March 15, 2022 9:49 pm

F yahoo finance, you have been printing BS stories since the beginning….. Now you want to tell the truth
Edward sharaz on March 15, 2022 11:43 pm

I wish I knew this earlier
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Michelangelo Pe on March 16, 2022 11:06 pm

i have discovered the nature of money that would provoke the gold and cryptocurrencies market crash. If you buy put options on gold and with your influence make my theory on money known provoking the gold market crash you would become rich. Being everything else the same a country with no gold is wealthier than a country with gold that protects the mineral inside a vault. Being everything else the same imagine a country with a baker, a fishmonger and a singer with no gold and another with a baker, a fishmonger and a guard to protect gold inside a vault. Which one lives better? Which one is wealthier? The country with no gold is wealthier because the baker and fishmonger get entertained by the singer for their money but the country with gold have to work to pay the guard to protect a mineral that offers no wellbeing or wealth because is useless inside a vault. An analogy would be an innocent kid after saving his pocket money buys a bicycle and his father tells him that he can store the bicycle in a garage unused to sell it in the future, but the rent of the garage would cost him some of his pocket money or he can use and enjoy the bicycle. Which option would the kid choose? There is not benefit in buying to sell because no value is added. Do you understand? The gold becomes wealth when is used, sparing the cost of protection. Because gold is increasingly more expensive to dig out as there is less underground and is increasingly cheaper as there is more on offer overground there would be a point when nobody would be mining the mineral. How much cost the taxpayers to protect gold? Cryptocurrencies are a number but money is transferable debt, a number and a name. Who would sell last, capitalist or communist? Humanity is throwing fortunes to the rubbish bin protecting a mineral valuable for its intrinsic usefulness in jewellery and manufacturing.
When the demand for put options on gold increased the price would go up signalling the expectations for the market to crash triggering the crash.

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