RE: I still have not got an answer6 Nov 2023 06:04
Lol. Okay, game on. So detailing your irrational thinking:
You mention ‘mining scams’ ie plural, which rules out the post containing the Mark Twain mining quote, it being singular. Which then leaves the post centred on ‘colourful investment characters’ & with its plural references highlighting (i) Sir Isaac’s dabble in the South Sea bubble, then (ii) Voltaire’s French lottery win & (iii) the reference to the Royal Mint report on the arbitrage seen in gold & silver prices.
So you then processed (i) the South Sea bubble as being equivalent to Bre-X bubble ? Yet the former was centred on a business model of supplying 4800 slaves per year over a 30 year period which was then so successful the price exploded (ramped by volume 1 of the Daily Star) to way above the business core fundamentals, whilst the latter was centred on Michael de Guzman ‘salting’ his mineral samples with flecks of gold, which ramped 2 years later to contain 70M ounces, est. at $84B. So either case being used as a ‘benchmark’ against UPL’s current mc, is irrational.
You were again irrationally thinking; the French lottery scam, was Voltaire ‘mining’ the lottery tickets ? Surely not ?!
On the 3rd posted reference, your ‘indirect / obtuse conclusion’ has then somehow correlated the Royal Mint report on gold & silver price discrepancies across Europe, as somehow being another ‘mining scam’ ? The report shows that the bullion entering Europe did so mainly via Spain hence the price differential in a pound (weight) of silver aka the UK £, compared to eg. the French livre (latin for pound weight) resulting in the UK £ being pegged higher.
Your lack of rational thoughts are yet further confirmed, when stating your interpretation of an investment (hobbies or otherwise) as “NOT a game” which you foolishly then imply as a fact.