Will Apple 18K Gold Watch be the 2015 Product of Choice?

[Rx_]

The Wall Street Journal released the story. The first link is a more detailed followup:
Now, we have two things: Apple and Gold that make for a $5,000 to $10,000 USD watch.
Question: is it a good investment?
Would you own one? If someone gave one to you, would you keep it or pawn it.

http://www.goldcore.com/us/gold-blog/apple-major-new-gold-buyer-propel-gold-higher/
[LIST]
[*][url]http://d1w116sruyx1mf.cloudfront.net/ee-assets/gsd/funnies/Apple_product.gif[/url]
[/LIST]
- There is a major new buyer in the gold market – Apple
- New Apple watch could use up to one third of total annual gold supply
- Apple expects to sell one million gold watches per month
- Each watch to use up to two ounces of gold (including 18K gold bracelet)
- May have enormous ramifications for gold market and propel prices higher
ATTACHED are a couple of Cartoons to stimulate the discussion:
http://d1w116sruyx1mf.cloudfront.net/ee-assets/gsd/funnies/iWatch.jpg

Will Apple spend Billions of its USD Cash to acquire gold inventory that could move the market?

The chart on the article link above shows the Chinese demand for 50% of the new mined gold in the world. The Chinese may be buying most of these. When the Gold ETF opened in China, it failed. Citizens there don't see any value in paper promises. They prefer taking actual possession. The China Banks sell tiny 5 gram gold bricks (with serial numbers). The Public Service Announcements suggest turning in US Dollars at its new high for gold at the local China bank.

 

[AnthonyGerrard]

I'm not an apple or Gold fan - too pricey, mostly for show - both of them.

 

[Bladerunner]

I'm not an apple or Gold fan - too pricey, mostly for show - both of them.

AhhhhhhhH but if you had a billion, you might just seriously think about it.

Blade

 

[AnthonyGerrard]

AhhhhhhhH but if you had a billion, you might just seriously think about it.

Blade

I'd still be bypassing a chavvy gold apple watch I think!

 

[Rx_]

Pre-sales indicate a Million a month.
The China market alone where people store physical gold as wealth is expected to be around 1/3 of that. A person making $60,000 a year US in China would consider this as an investment.
China's new gold storage trading surprised the London Exchange that they will open this August 2015, a year ahead of schedule. Many of the gold mining companies are already switching from the London Exchange. The London exchange is openly known to allow a small group of too-big-to-fail banks to "fix" the price. Many consider the exchange worse than the LIBOR.
In addition, China, Russia, India, Turkey and the Mid-East are all moving out of the SWIFT international trade system into the new system based on the new more transparent exchange system.
Bottom line, it is very possible that the gold could see appreciations of values in the hundreds of percents.

In the US, a company can buy the gold watch for executives. Since it text, tweets, and the rest, it most likely is a write-off like a cell phone. It is also very stylish.
My expectations are that most companies will vote to get one for each board member.
Even a medium sized company where family members are the board members will consider this. It might qualify as a 25% deduction, give it to yourself or give the 25% to the government as taxes.

I am not an Apple fan, but the overall marketing is genius.
If Apple bought futures contracts, consumes 25% of the world's mining production and raises the price of gold... they might make an extra $3,000 to $10,000 per watch depending on the price movement.

It is marketing genius. In Jan 2015, Apple had a reported $178 Billion USD (Billion is 10 E 9) just in CASH on the side-lines making little or no interest.
The Earth's total gold annual production is 2,500 Metric tons or 88,185,000 ounces. Apple plans to consume about 22,000,000 ounces. That isn't even 20% of the cash they have if they didn't sale a single one. Peak Gold has passed exactly as predicted by the USGS. Many of the old stand-by mines are played out faster than new replacements are being discovered.

China, then India, then Russia, then Turkey and then Mid-East are accumulating gold at the fastest rate since the Spanish raided the New World.
This could be a way for Apple to cash out of paper USD at the peak and position Apple for the new international currency underway.

Apple Time (pun) may be the judge.

 

[AnthonyGerrard]

Pre-sales indicate a Million a month.
The China market alone where people store physical gold as wealth is expected to be around 1/3 of that. A person making $60,000 a year US in China would consider this as an investment.
China's new gold storage trading surprised the London Exchange that they will open this August 2015, a year ahead of schedule. Many of the gold mining companies are already switching from the London Exchange. The London exchange is openly known to allow a small group of too-big-to-fail banks to "fix" the price. Many consider the exchange worse than the LIBOR.
In addition, China, Russia, India, Turkey and the Mid-East are all moving out of the SWIFT international trade system into the new system based on the new more transparent exchange system.
Bottom line, it is very possible that the gold could see appreciations of values in the hundreds of percents.

In the US, a company can buy the gold watch for executives. Since it text, tweets, and the rest, it most likely is a write-off like a cell phone. It is also very stylish.
My expectations are that most companies will vote to get one for each board member.
Even a medium sized company where family members are the board members will consider this. It might qualify as a 25% deduction, give it to yourself or give the 25% to the government as taxes.

I am not an Apple fan, but the overall marketing is genius.
If Apple bought futures contracts, consumes 25% of the world's mining production and raises the price of gold... they might make an extra $3,000 to $10,000 per watch depending on the price movement.

It is marketing genius. In Jan 2015, Apple had a reported $178 Billion USD (Billion is 10 E 9) just in CASH on the side-lines making little or no interest.
The Earth's total gold production is 2,500 Metric tons or 88,185,000 ounces. Apple plans to consume about 22,000,000 ounces. That isn't even 20% of the cash they have if they didn't sale a single one. Peak Gold has passed exactly as predicted by the USGS. Many of the old stand-by mines are played out faster than new replacements are being discovered.

China, then India, then Russia, then Turkey and then Mid-East are accumulating gold at the fastest rate since the Spanish raided the New World.
This could be a way for Apple to cash out of paper USD at the peak and position Apple for the new international currency underway.

Apple Time (pun) may be the judge.

Are they going to pay any tax. Makes vague sense to me without looking at the figures etc. Doesn't sound good for us minions really though.

 

[Rx_]

LOL, appreciate the pun. "they" being the wealthy paying any taxes.
Here is a very timely article just released this morning:
http://www.zerohedge.com/news/2015-...r-us-household-assets-rise-record-97-trillion
The Richest Have Never Been Richer: US Household Assets Rise To Record $97 Trillion (As The Poor Get Poorer)
"Ironically, even as household liabilities remained flat for the second year in a row, .."
"In short: almost $100 trillion in household assets, with the vast bulk of these belonging to America's "1%"."
" For everyone else who is poor enough and doesn't feel like their household net worth is represented by the above, Janet Yellen (Chair of the private company Federal Reserve) has some advice: it's important to get rich. Oh, and once that fails, there's always more debt."

The more paper promise printed, the worse it gets for us minions. The old "gold watch for retirement" may be making a comeback?

 

[AnthonyGerrard]

LOL, appreciate the pun. "they" being the wealthy paying any taxes.
Here is a very timely article just released this morning:
http://www.zerohedge.com/news/2015-...r-us-household-assets-rise-record-97-trillion
The Richest Have Never Been Richer: US Household Assets Rise To Record $97 Trillion (As The Poor Get Poorer)
"Ironically, even as household liabilities remained flat for the second year in a row, .."
"In short: almost $100 trillion in household assets, with the vast bulk of these belonging to America's "1%"."
" For everyone else who is poor enough and doesn't feel like their household net worth is represented by the above, Janet Yellen (Chair of the private company Federal Reserve) has some advice: it's important to get rich. Oh, and once that fails, there's always more debt."

The more paper promise printed, the worse it gets for us minions. The old "gold watch for retirement" may be making a comeback?

the they in my mind was apple.

 

[AnthonyGerrard]

LOL, appreciate the pun. "they" being the wealthy paying any taxes.
Here is a very timely article just released this morning:
http://www.zerohedge.com/news/2015-...r-us-household-assets-rise-record-97-trillion
The Richest Have Never Been Richer: US Household Assets Rise To Record $97 Trillion (As The Poor Get Poorer)
"Ironically, even as household liabilities remained flat for the second year in a row, .."
"In short: almost $100 trillion in household assets, with the vast bulk of these belonging to America's "1%"."
" For everyone else who is poor enough and doesn't feel like their household net worth is represented by the above, Janet Yellen (Chair of the private company Federal Reserve) has some advice: it's important to get rich. Oh, and once that fails, there's always more debt."

The more paper promise printed, the worse it gets for us minions. The old "gold watch for retirement" may be making a comeback?

On real estate. I remember buying my first house. Was looking at one 3 bedroom terrace. Was around 170k probably 1000th ft. The owner was showing us his sons place somewhere countryside in the states. 6 bedrooms.land a lake etc. Less than the terrace here. Never mind London. All political parties offer at best a fig leaf solution. Hiding behind discounts for a very few number of first time buyers wilt importing people in the hundreds of thousands to worsen the situation.

 

[Thales750]

If Apple was a real company, they would be working on the human/machine interface, I bet Google is.

And Microsoft is a leader in technologies to read human movement.

Where's Apple? Maybe they're busy sowing some clothes for the Emperor.

 

[Bladerunner]

Pre-sales indicate a Million a month.
The China market alone where people store physical gold as wealth is expected to be around 1/3 of that. A person making $60,000 a year US in China would consider this as an investment.
China's new gold storage trading surprised the London Exchange that they will open this August 2015, a year ahead of schedule. Many of the gold mining companies are already switching from the London Exchange. The London exchange is openly known to allow a small group of too-big-to-fail banks to "fix" the price. Many consider the exchange worse than the LIBOR.
In addition, China, Russia, India, Turkey and the Mid-East are all moving out of the SWIFT international trade system into the new system based on the new more transparent exchange system.
Bottom line, it is very possible that the gold could see appreciations of values in the hundreds of percents.

Way back when (I am sure you were there) Gold was the standard for the stock market and it was low.

The bottom line in an failure of the stock market, Gold is used by countries and Kings, Silver is used by Earls, Dukes and those smart enough to hoard it. Barter is the coin used by the rest of us.

Blade

 

[Rx_]

Intended warning or unintended promotion for Apple gold watch? After Alan Greenspan's confessional admission that "Gold is a currency. It is still, by all evidence, a premier currency. No fiat currency, including the dollar, can match it,"
Last week during the Q&A after Janet Yellen's speech, when asked by Rick Santelli about negative rates, Janet admitted that "cash in not a very convenient store of value," seemingly hinting at Bernanke's helicopter and that there will be no deflation in The U.S. ever...
Rick Santelli then sums it all up perfectly..."deflation is clearly the boogeyman... and the only thing that will save the middle class."

So, if we take Janet at her word, as oil crashes, as Wall Street crashes, as the US total Wages drop, she intends to pull the lever for Full-Speed creation of more paper money? For her Deflatoin is not an option.... ever?

The Apple gold watch value would go through the roof! I hope Apple programmed enough zeros for the on-line transactions. Refering to Germany where an ounce of silver went to over 1 Billion (1 x 10^9) Marks.

 

[Rx_]

Apple's Invention - New Patent - Game Changer APPLE GOLD WATCH
Responding to the comment about Apple's technology investment.
They densify gold. In theory, if they crystalized and densified Aluminum, it could become transparant like glass.

By the way, do you know what a Vicker is?
Vicker is a measurement of metal hardness.
In the past, double stamping a gold coin with great pressure would crystalize the surface a couple of nano-meters deep. That would keep the coin from scratching (a little better). Raising the Vickers up by 5%.

Apple has a totally new patent. Any of you interested in physics should read about it. Lets also remember that Gold is a great conductor for micro-electronics. The myth that electricty travels at the speed of light in a wire... it depends what kind of wire, the voltage, the frequency, (don't get me started). Electricity travels very fast in Silver and Gold.
Densified or crystalized gold would have a huge advantage.


Short part of story:
Patent Shares Details of Gold Alloys Used in Apple Watch Edition

• by Usman on Thursday, March 12th, 2015 - 12:35pm PDT A new Apple patent application published today by the U.S. Patent and Trademark Office (USPTO) titled “Crystalline Gold Alloys with Improved Hardness”, has revealed the technology behind the process that creates the yellow and rose gold alloys found in Apple’s higher-end Apple Watch Edition line. According to PatentlyApple, Apple’s invention details gold alloys with improved strength and hardness for applications including enclosures for electronic devices, such as the Apple Watch. <end quote>

• For nanotechnology, direct computer human interface, electronics, and other industries, this could be a game changer.

• Google has a UAV they can't even get a FAA permit to test. Now, the Gold Apple Watch isn't even the old fashion gold. It is something new.

 

[accessvilet]

that patent thing is pretty interesting

 

[Rx_]

Business Insider and several other news sources reported:
The $20,000 gold Apple Watch Edition sold out in China in less than an hour

Apple seems to be delaying delivery to the UK.
Maybe they read your reviews LOL
Seriously, China citizens have a love for gold.
Rumors I expect to be verified soon indicate China is paying over 20% higher than London paper gold prices "for large quantities". As the Anglo Banks talk citizens for selling gold below world market price, why should they tip anyone off of the real price?
Apple 365 Day Chart $75 to $157.
One can only wonder how much physical gold a company with $130 Billion in cash took in advance of this plan?

 

[Thales750]

Dollars backed by control of energy, or food, is the only Non-Fiat Currency.