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Just closing at $1983.27 +3.32%
*Typo
Just closing at $983.27 +3.32%
Unreal
ulterior agenda behind hiking interest rates.
The President of Silver Elephant Mining Corp, John Lee, sits down with Andrew Maguire to uncover the hidden agenda behind world economic policies and the threats of forced conversion to digital currency.
The mining expert expounds on the geographical shift of power away from the West into Asian countries unleveraged by the US dollar, sharing his perspective on physical gold and silver as the ultimate and unbiased form of insurance.
https://www.youtube.com/watch?v=IiqPgoCmlOk&t=116s
Hi Supercharger, welcome back!
I have to agree about not trusting what banks say having been an RBS & Lloyd s holder in the past!
Good weekend all, been a wild week!
Yep, in the RNS
Tony as you said ,today triple witching ,and crazy drop off ,then gradual rise.
But its Friday and finally lots of traders selling.
Uncrossing 10 million.
Yet we end up in the blue.
Good weekend to all.
Gold and silver climbed further on Friday, with the price of yellow metal hitting its highest point since April last year as banking sector turmoil seemingly pushed investors toward safe-haven assets.
Concerns over the health of the United States economy grew further after the SVB Financial Group, the parent company of Silicon Valley Bank, filed for bankruptcy.
Gold surged 2.14% to sell at $1,960.92 per ounce at 11:12 am ET. Silver jumped 2.39% to go at $22.20 per ounce.
Baha Breaking News (BBN) / AB
Why did Centamin only take 42% of its profit after tax , why did a non controlling interest take 58% ? Profit attributable to parent 72 m, profit attributable to NCI 98m.
Hi Sotolo - long time no chat! I'm in as you know and have bene for some time the LSE Gold and Silver miners for some time, the only difference is my wife no has more. I am afraid i've seen this all before and when Banks say don't worry I do worry. Why else are they saying it? I can see Gold and Silver now pushing up and can see the Fed in a very difficult situation as they run the American economy on strong banks? Errh maybe they should do homework before any further rates rises, as many appear to be not straight working at all. Perhaps they are too greedy and are trying to gamble to make bigger bonuses. Full investigations needed into banks (there will be more I am sure) bit safer here in Gold/Silver
miners!!
Centamin now in third place on my portfolio. Shanta Gold is my number 1.
Expect a better SP rise here as gold price pushing up?
Supercharger, encouraged by Horgan who I thought made a decent purchase, I have been very naughty and bought some more today, our share price is down near 25% since the start of this year while gold is up 10%, and our shares are down 10% just since earlier this week while gold is again up, the results weren't nice but as just as management said they would be, and it has been a market jerk as they hadn't read the last report; if Cey were fair value at the results as I think they were, then 10% off, improving ounces and rising gold could make decent money and I couldn't resist..like Horgan
And seems to be rising.
Glad I bought Sovreigns a month ago. :-)
Yes Tony- that’s what i’ve seen happen in the past- and more recent past, crypto also gets whacked , also something i’m not seeing, in fact the reverse this week
Seems any sale here this morning over done and certain senior management have taken the opportunity to buy some more shares too. Divi release looks tame but the short term value here looks very good as share holders start to sue Credit Suisse for mis statements and I see things differently in that the risks might be spreading to Insurers as well as other third parties who may have been shall we say sailing very close to the wind. This sees Gold and Silver prices moving strong with the Fed watching over their shoulders too may mean putting the brakes of any talk of a 0.5% rise!! If not a .25% they may even skip the next one due to their minds being directed elsewhere? Perhaps? V.uncertain banking sector at the moment. Glad most Uk banks have reined in their exposures (so we are told).
Robbie, agree with your post entirely, wouldn't do these directors any harm to at least buy the same, hopefully more shares than a number of members on here!
They certainly don't feel any of the pain we shareholders do!
As Steve and others have suggest the directors remuneration should be directly linked to share performance!
I understand what your saying as they would have to sell gold.
I'm not saying gold won't go past 1950 but it's not a banking crisis- if it was, like the last one, gold would get whacked just like everything else...
Fair enough Steve happy to see gold get back past 1950 gold and I am 50% in on the maximum Centamin position. Rest held back if it is a false breakout on Gold.
I disagree Tony- all it confirms is that 50bps is off the table, and 25bps is now even in threat- that's all - nothing else...
I do agree Mr T- whatever happened to performance related pay, linked to SP? SP was about 130 when he was appointed...
This was the Point I was making about the CEO's of so many companies, especially so in Mining!
Shareholders just get taken for idiots and thrown scraps!
Market unimpressed. To spend less than 3 weeks pay on buying shares is not going to cut it. Horgan now owns to 200,000 shares in total. Less than I do and he does not have to worry about paying tax on his salary in Jersey. He must think his investors are stupid.