• Home

foorex2day

  • Home
  • Link
  • Dropdown
    • Action
    • Another action
    • Something else here
    • Separated link
    • One more separated link
Home » Ultracrepidarianism » Tungsten bars face high supply risk

Tungsten bars face high supply risk

Hat tip to Money Morning Australia for drawing my attention to the British Geological Survey's supply risk index in an article about graphite. I wasn't interesting in the graphite story - my eye was immediately drawn to the #2 ranking of tungsten in the table below.


With gold becoming increasingly popular, risk of supply problems with the key input to fake gold bars I'm sure is a top concern for fraudsters around the world (and New York in particular). Let us also not forget central bankers, who we can be sure are also concerned about any potential restriction on their ability to make fake 400oz bars to replace all the real gold that has been leased/sold.
 
Interestingly, the BGS note that "84% of the world's tungsten is currently sourced from China", with China also being the top reserve holder of tungsten as well. So not only is the US exposed to China holding all its debt, it is also at their mercy as to fake tungsten bar supply.
 
While I'm being silly, it seems appropriate to discuss the silver:gold ratio. This topic attracts a lot of stupidity along the lines of "the silver:gold ratio should be X because of Y and therefore silver is going to the moon". Often the "because of Y" uses some sort of supply metric or that some King thousands of years ago set the ratio at 10:1. Curiously, the so derived ratio is always lower than the current ratio.
 
One of the BGS' criteria for determining supply risk is Scarcity and they provide a handy table of each elements global scarcity. Silver is 0.055 parts per million while gold is 0.0013ppm. Hmm, that is a ratio of 42.3:1.
 
Anyway, this whole line of argument is shortsighted to start with as scarcity is not the only driver of price, as something can be really scarce but if no one wants it, it ain't worth anything - as Kid Dynamite covered in this post.

Share

Share to

Facebook Google+ Twitter Digg
Artikel Terkait
Posted by Unknown at 11:50 PM
Labels: Ultracrepidarianism

Newer Post Older Post Home

Entri Populer

  • Indian monsoon & 12.5% interest gold loans
    While writing this article came up which is mildly negative for Indian gold demand (as it is only talking 80 tonnes)...
  • Le traitement de la transpiration excessive par la chirurgie d'agrafage du nerf sympathique
    Le traitement de la transpiration excessive par la chirurgie d'agrafage du nerf sympathique La transpiration excessive est un besoin rée...
  • Indian monsoon & 12.5% interest gold loans
    While writing this article came up which is mildly negative for Indian gold demand (as it is only talking 80 tonnes) as it see...
  • GLD amendment refers to "unforeseen reasons" for unallocated failure
    GLD has some amendments to its terms up for vote, one of which is "that creations may only be made after the required gold deposi...
  • Allocated Gold at Bank of England declines 755 tonnes
    The Bank of England's just released 2014 Annual Report discloses that it was holding 5,485 tonnes of gold as a custodian, down 755 tonne...
  • Gold forecaster with 100% accuracy says gold to remain weak
    I have found a gold forecaster with a 100% accuracy rate. Below is a chart of two of his recent predictions. The first arrow marks the 15th ...
  • Update on Sprott physical redemptions
    In November last year I posted on some physical redemption from the Sprott gold and pt/pd funds. Since then there have been some more beefy ...
  • Happy New Year!
  • Fractional reserve bullion banking and gold bank runs – Frankenstein Free Banking
    The bullion banking and inter-BB clearing system described yesterday has a lot in common with free banking, which is "the competitive i...
  • Fractional reserve bullion banking and gold bank runs - the setup
    I finished yesterday's post on central bank transparency with a statement that the stability of the fractional reserve bullion banking s...

Entri Populer

  • Indian monsoon & 12.5% interest gold loans
    While writing this article came up which is mildly negative for Indian gold demand (as it is only talking 80 tonnes)...
  • Le traitement de la transpiration excessive par la chirurgie d'agrafage du nerf sympathique
    Le traitement de la transpiration excessive par la chirurgie d'agrafage du nerf sympathique La transpiration excessive est un besoin rée...
  • Indian monsoon & 12.5% interest gold loans
    While writing this article came up which is mildly negative for Indian gold demand (as it is only talking 80 tonnes) as it see...
  • GLD amendment refers to "unforeseen reasons" for unallocated failure
    GLD has some amendments to its terms up for vote, one of which is "that creations may only be made after the required gold deposi...
  • Allocated Gold at Bank of England declines 755 tonnes
    The Bank of England's just released 2014 Annual Report discloses that it was holding 5,485 tonnes of gold as a custodian, down 755 tonne...
  • Gold forecaster with 100% accuracy says gold to remain weak
    I have found a gold forecaster with a 100% accuracy rate. Below is a chart of two of his recent predictions. The first arrow marks the 15th ...
  • Update on Sprott physical redemptions
    In November last year I posted on some physical redemption from the Sprott gold and pt/pd funds. Since then there have been some more beefy ...
  • Happy New Year!
  • Fractional reserve bullion banking and gold bank runs – Frankenstein Free Banking
    The bullion banking and inter-BB clearing system described yesterday has a lot in common with free banking, which is "the competitive i...
  • Fractional reserve bullion banking and gold bank runs - the setup
    I finished yesterday's post on central bank transparency with a statement that the stability of the fractional reserve bullion banking s...

Arsip Blog

  • ►  2014 (46)
    • ►  July (4)
    • ►  June (1)
    • ►  April (1)
    • ►  March (6)
    • ►  February (14)
    • ►  January (20)
  • ►  2013 (109)
    • ►  December (22)
    • ►  November (7)
    • ►  October (18)
    • ►  September (16)
    • ►  August (10)
    • ►  July (4)
    • ►  June (3)
    • ►  May (14)
    • ►  April (6)
    • ►  March (2)
    • ►  February (3)
    • ►  January (4)
  • ▼  2012 (138)
    • ►  December (13)
    • ►  November (6)
    • ▼  October (12)
      • An American Horror Story
      • Debriefed #8 – Poopyjim
      • Debriefed #7 – Jeff
      • Guest post on blackberries
      • Debriefed #6 – Aaron
      • Debriefed #5 – Wendy
      • Debriefed #4 – DP
      • Tungsten bars face high supply risk
      • Think like a Giant
      • Debriefed #3 – Aquilus
      • Debriefed #2 – RJPadavona
      • Debriefed #1 – Matrix Sentry
    • ►  September (12)
    • ►  August (42)
    • ►  July (9)
    • ►  June (13)
    • ►  May (2)
    • ►  April (5)
    • ►  March (3)
    • ►  February (9)
    • ►  January (12)
  • ►  2011 (119)
    • ►  December (14)
    • ►  November (3)
    • ►  October (14)
    • ►  September (6)
    • ►  August (14)
    • ►  July (6)
    • ►  June (11)
    • ►  May (13)
    • ►  April (13)
    • ►  March (6)
    • ►  February (10)
    • ►  January (9)
  • ►  2010 (130)
    • ►  December (8)
    • ►  November (6)
    • ►  October (12)
    • ►  September (8)
    • ►  August (10)
    • ►  July (25)
    • ►  June (21)
    • ►  May (15)
    • ►  April (7)
    • ►  March (10)
    • ►  February (3)
    • ►  January (5)
  • ►  2009 (226)
    • ►  December (9)
    • ►  November (10)
    • ►  October (15)
    • ►  September (20)
    • ►  August (18)
    • ►  July (19)
    • ►  June (19)
    • ►  May (24)
    • ►  April (23)
    • ►  March (24)
    • ►  February (25)
    • ►  January (20)
  • ►  2008 (126)
    • ►  December (22)
    • ►  November (16)
    • ►  October (30)
    • ►  September (24)
    • ►  August (17)
    • ►  July (5)
    • ►  June (7)
    • ►  May (5)

Label

  • 6 de vitamines
  • abîmés
  • activity
  • agrandir
  • ail
  • augmentation
  • augmente
  • Avantages
  • AVENT
  • Backwardation
  • Baies
  • Bénéfice tasse
  • beurre
  • blanchies
  • blanchir
  • bring
  • Brocoli
  • Buvez
  • Camomille
  • caverneux
  • cavernous
  • caviar
  • céleri
  • cheveux
  • chirurgie
  • chou pendant
  • cidre
  • comme
  • Comment
  • Confiscation
  • Conseils et moyens
  • couple
  • Credit crisis
  • Cresson
  • cumin
  • d'agrafage
  • dans le corps
  • Dates
  • de cidre
  • de cumin
  • de glycérol
  • de l'option Henber
  • de la transpiration
  • de la viande
  • de lactation
  • de Niplette
  • de romarin
  • de sélénium
  • de vigne
  • débarrasser
  • dents
  • dernière
  • des fesses
  • des oeufs
  • des oignons
  • donne
  • donne les
  • droits des
  • Economics
  • Éloignez-vous
  • embellir
  • English
  • Épinards
  • est très
  • et au citron
  • et de la sauge
  • évidence
  • excessive
  • façon
  • femmes
  • Fermeté
  • feuilles
  • flat
  • Forecasts
  • Fractional reserve bullion banking
  • Français
  • fruits
  • Gold Haters
  • Gold Standard
  • graines
  • grenade
  • Guimauve
  • happiness
  • haricots verts
  • Hedging
  • Herb
  • Herbes
  • Herbs
  • hh
  • highlight
  • hommes
  • How the industry works
  • huîtres
  • Iles
  • important
  • Investing
  • isage
  • joues roses
  • l'assombrisseme
  • la grossesse
  • La marche
  • la période
  • La vitamine B12
  • La vitamine C
  • Ldermiana
  • Le traitement
  • Le vinaigre
  • Les bienfaits du
  • les cheveux
  • Les fruits séchés
  • Les troubles
  • les zones
  • lisse
  • lui Tastvid
  • lumineux
  • magique
  • mains
  • mamelon
  • mammaire
  • Manger
  • Manipulation
  • masculinisée ou Baklh
  • Masque raisins
  • Mélange
  • mettre
  • moderne
  • Money Laundering
  • mousse
  • moutarde
  • Narrative
  • Naturelles
  • Niplette
  • nipple
  • niveau
  • normal
  • nuque
  • Oignons et ail
  • Option
  • ou des figues
  • Outil
  • pastèque
  • Patience
  • peau
  • pendant
  • Perth Mint
  • Placage
  • Plantes
  • plasma
  • plat
  • plus
  • Pois
  • poitrine
  • porcelaine
  • pour
  • pour les
  • pour maigrir
  • Pourpier Herb
  • prendre
  • problèmes
  • PSYLLIUM
  • Recettes
  • récupéré
  • remède
  • Repatriation
  • roncier
  • rose vous
  • santé !
  • sardines
  • saumon
  • sexual
  • sexuel
  • sexuels
  • Shortages
  • Sindros
  • soin complet
  • soin de votre
  • sombres
  • Statistics
  • sympathique
  • Thé
  • thon
  • Thym
  • tit
  • tonique
  • tonique sexuel
  • tool
  • touchent
  • toutes
  • traite
  • traitement
  • treatment
  • Ultracrepidarianism
  • velours
  • vinaigre
  • visage
  • vitamine
  • Vitamine B3
  • Vitamine B6
  • Vitamine E
  • xheli
  • Yogourt

About

Copyright foorex2day 2015 - Template by DIKLAT HMIF UNDIP And Published By Aku Templates Blogger Indonesian