12 TRILLION $$$ WORTH OF GOLD FOUND IN UGANDA

The King of Belgium says that gold is his

Nigerian princes gonna be pissed.

This is nothing more than a PsyOp so you won't buy more gold.

Thinkaboutit.

Blood gold

Like blood diamonds

Wagagai Mining (U) Limited owned by Ethiopian and Chinese investors

USA declaring that a large part of Uganda is filled with terrorists and invading Uganda in 3...2...1...

Wakanda has alot of gold and high tech

12.5 tons equals 400,000 ounces even at $2,000 an oz (it's under $1,900 right now) that comes to $800 million, not even a billion dollars. Even if gold hit $50,000 an oz that would still only be $20 billion. Nowhere close to $12 trillion. God would have to be worth $30 million an ounce to hit that amount.

Sounds like Uganda needs some united states democracy

it is 31 milliom tons not 12... lol tards

UGANDA MATH BITCHES.

Apparently a search is needed:

[link to www.mining.com (secure)]

A spokesperson from the Ministry of Energy and Mineral Development in Uganda, Solomon Muyita, said that there was an estimated 320,158 metric tonnes of refined gold in the country after several surveys were conducted.

11,293,241,110 ounces
@1800 oz
$20,327,833,998,000


Seems wildly optimistic but I'm no expert...
If so, gold should go much cheaper as the world total in refined gold is stated as 205,238 tonnes for all time:

[link to www.gold.org (secure)]

or this number for all countries - 31,695 tons from:

[link to worldpopulationreview.com (secure)]


...

Awesome so can buy gold jewelry again.

thing about gold, most important thing, in fact, is that it wasn't discovered refined and smelted into bricks and coins.

your prices are for finished product.

its going to cost a lot to bring that to market...mostly Time.

it'll be many generations before its fully exploited and I have no doubt idiots will stake their lives to the idea of getting rich from mining gold in hot ass africa.

gold market will collapse...gold will be as valuable as scrap metal. holders of gold would happily invest in an operation to destabilze the ugandan government and take that mine off line before letting that happen.

BREAKING NEWS!

Uganda is changing name to Wakanda and building a force field around its borders, and getting erased from public literature.

[link to twitter.com (secure)]

so gold prices are going to tree fiddy now?

So now we know which country the US will take over next.

Fake story

Fake news ... Bre-X 2.0 for Morans

Forgot to add that the tweet was from OCT 2021

No, it’s ok

Wait for his call and then pick up when he calls. He wants to give you your share of it.

Last Edited by DNoMo Michele B on 07/03/2022 06:24 PM

Numbers seem off

Silver is more rare than gold

Those numbers are just estimates based on aerial surveys and chemical assays. An estimate doesn't mean anything. Mines take very long times to actually become productive and economical and many never become profitable, especially with rising oil/gas prices, equipment, and labor costs due to inflation.

Regarding your claim that gold "becoming much cheaper". Gold would already be > $10,000 per ounce without manipulation and price suppression . It's the one commodity that isn't rising with inflation. If it get's any cheaper then back up the truck, it's the greatest gift in history. At some point, the price manipulation will end and people will wish they had bought at this price.