George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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Cheers Tony - Spring it is. Let's hope 2100 is the new support level. Setting up nicely for a good FY results show on Mar 21
Perhaps winter appetiser as i get ahead of myself
3bear
Things were massively overbought so a pullback here and there is to be expected. I have 10% of my gold miner longer term but did take profits on 15%. Eventually gold is likely to return to 2050 and if it does we probably get a mega summer rally. This recent rally was the Spring appetiser.
Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, and Charles Payne, Host of Making Money on FOX Business Network, discuss his latest book ‘Unbreakable Investor.’ Payne gives his investment insights, sharing precise stock picks for this year. He also weighs in on the Federal Reserve and the surging U.S. debt levels. Payne discusses the accelerating global de-dollarization trend, gives a timeline for when the U.S. dollar can permanently lose its reserve currency status, and weighs in on what could replace it.
https://tinyurl.com/4uxyatv3
GP now at 2156 and Cey heading south - this stock does my absolute head in.
Stock markets in Europe were flat to lower in Thursday's premarket trade in anticipation of the European Central Bank's policy meeting, during which officials are expected to hold their interest rates steady for the fourth consecutive time.
Meanwhile, investors also braced for the data releases on factory orders in Germany, the Swiss unemployment rate, and British housing prices.
Frankfurt's DAX and the Euro Stoxx 50 were flat. The CAC 40 dipped 0.12%. London's FTSE 100 fell 0.40%. The euro and the pound sterling were flat against the dollar, changing hands to 1.08996 and 1.27372 respectively at 7:57 am CET.
Baha Breaking News (BBN) / AB
Gold currently $2155.61
Ie. also known as real buying price.
Closes, at 2148.
Which is $20 up on lasts nights close.
The Global south apparently value it far more , than the west.
Not difficult to figure why, ETF s paper futures just a virtually non backed paper fiat pretence.
No wonder they go to BTC another "Casino" with possibly less risk.
Completely ,at the moment, out of Government control.
Strange old world.
Hold on to your hats, I think she's gonna blow!
Gold bugs theory - retail investors are selling goldminers and Gold ETF to buy bitcoin. Central banks are buying physical gold - hence the lag between GP and miners. Neat theory huh? Wonder if its true
Why Dollar Could Colapse.
The US Dollar Wll lose its Reserve Status, "In my lifetime" Charles Payne , introduced by Anna glamourous Gulubova.
In my humble opinion, sounds right ,its just a matter of time. Everything is in place with the spending habits of governments.
Would have loved to have watched it happen,but unless there is a rapid collapse ,I will be long gone.
This could play some role too. Egypt secures $8bn IMF deal after removing currency controls - https://on.ft.com/432uV3Z via @FT
Wednesday, March 06, 2024 04:42 AM | Invezz via QuoteMedia
Centamin (LON: CEY) share price has gone parabolic in the past few days. It has jumped for five straight days and moved to its highest point since December 27th of last year. Data by "Trading View" shows that it has soared by over 30% from its lowest point in 2023.
https://tinyurl.com/9wra8pjh
Yep- pure joy :-). Happy for all traders and Long Term Holders especially :-).
GOLD 2146 !
Https://www.cnbc.com/amp/2024/03/06/adp-jobs-report-february-2024.html
I have quite a bit in FRES so a 20% fall in the peso next would be very welcome
Bonker good news for biz, as that wipes 20% off local opex, wages etc etc
CAIRO, March 6 (Reuters) - Egypt's central bank said on Wednesday it had hiked interest rates by 600 basis points at an unscheduled meeting and would let the pound trade freely in an apparent move to restore economic stability with the help of Gulf investment inflows.
https://www.reuters.com/world/middle-east/egypt-raises-interest-rates-by-600-bps-pound-tumbles-2024-03-06/
"The Egyptian central bank is letting the pound to float this morning, triggering a 20% drop against the dollar"
Thoughts?
On the original Q I wouldn't expect a divi of more than 2.5c, they're storing up as much cash as poss to develop Doropo which as Ray O'Sunshine (Cowichan) points out is now going to be waaaayyy north of the original 275m like about 500m.
Anyway don't want to bring us down - SP 101 and looking good.
$2127.69 🤭
Major European stock exchanges traded mostly with gains in the premarket on Wednesday as the attention turned to the United Kingdom and British Chancellor of the Exchequer Jeremy Hunt, with investors awaiting the spring budget announcement. Meanwhile, later this week, the European Central Bank will be revealing its interest rate decision.
The DAX was flat at 8:00 am CET. At the same time, the Euro Stoxx 50 added 0.08%, the CAC 40 increased 0.10%, and the FTSE 100 rose 0.25%.
At 7:59 am CET, both the euro and the pound were flat against the dollar, exchanging hands for 1.08599 and 1.27046, respectively.
Baha Breaking News (BBN) / AY
Gold currently $2127.69
Happy hump y’al
Lol Mr Bond and Sotolo :-)
104 by Friday
Sotolo ha ha ,more like the golf course, possibly in his Ferrari if he has space for the clubs.
Aha Steve knocking off at 2pm, how lovely, are you a British workman, explains a lot x