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Fortune favours the brave, another buying order set to spring.
wildtiger
Why gloat?
says a lot about you that you react in this way
Seems to me to be a bit of a buying opportunity to reduce the overall average...
Dividend Yield should be close to Double Digits if maintained.
... and why shouldn't it be?
Good Buying opportunity
All a bit odd... into the 76's now... can't see anything in the public domain other than the continued general market weakness-
Keep catching this falling knife lol
Why the fall? What’s happening today?
1st buy order filled.
Glad I sold 50% yesterday at 83, I can see this touching 60-70p if the general market continue to drop. It has been underperforming in the mining sector for so long.
Major European stock indexes rose in the premarket session on Tuesday, as investors await the revelation of the latest report on the consumer price index (CPI) in Germany. Additionally, Leibniz Centre for European Economic Research in Mannheim will publish the Economic Sentiment reports for Germany and Eurozone later this morning.
Frankfurt's DAX rose by 0.81% and London's FTSE 100 increased by 0.62% at 7:20 am CET, while CAC 40 grew by 0.87% at the same time.
The euro went up by 0.15% against the dollar, selling at $1.04215 at 7:26 am CET, and the pound was 0.30% higher compared to the dollar, going for $1.21702 a minute later.
Baha Breaking News (BBN) / TB
PM’s recovering
POG + .3 % at worst this past hour.
Happy Tuesday!
https://www.youtube.com/watch?v=Zs3R-fzqL7I
Thanks Paddy for posting on GGP.
Im glad I am not the only one struggling on the garden front. My runner beans are yet to put in an appearance yet! Hopefully they are just like my CEY dividend, delayed, but eventually forthcoming!
Hope so Halfpenny, a slice of luck from Centamin is long overdue
Glad to hear of your perseverance and successes with your garden though!
Crypto currency holders expected to sell the crash this time around and not hold as investment as they did over covid pandemic slump. You can't buy groceries or petrol with bitcoin lol..
Nearly one in four homeowners say they will have to sell their home if interest rates go up further, according to a new debt survey from Manulife Bank of Canada.
The survey, conducted between April 14 and April 20, also found that 18 per cent of homeowners polled are already at a stage where they can't afford their homes.
Over one in five Canadians expect rising interest rates to have a "significant negative impact" on their overall mortgage, debt and financial situation, the survey found.
The Bank of Canada remains on a rate-hike path as it tries to tame inflation, which is now at a 31-year high at 6.8 per cent. On June 1, the central bank increased its key interest rate by half a percentage point to 1.5 per cent.
The Manulife survey also found that two-thirds of Canadians do not view home ownership as affordable in their local community.
Additionally, close to half of indebted Canadians say debt is impacting their mental health, and almost 50 per cent of Canadians say they would struggle to handle surprise expenses.
---------------------------->>>>
Thoughts & Questions
- Will the Bank of Canada (and every other Central Bank) continue to raise interest rates to curb rampant inflation or will homeownership affordability take priority?
- either way, somebody is screwed
Paulmetcalfe - you've got the best solution - a garden (Mother Nature) never disappoints. All we need do is plant a few seeds or clippings as the case may be...
I went in the garden and gold was down $20 ------------I've come back in and its down $50--------which is think is the level it was at before the jump last Friday?
On a different note Mr |T----the frut and veggies in the garden dont seem to be doing well this year :-(
But the foxgloves and some of the wildflowers have taken , so the bees are fairly happy. Recently I took out a plum tree that has never done anything and put one I grew from stone in its place (wrong time of year but hopefully it will settle and produce some plums next year. Another dwarf plum tree is doing nothing but is recovering after producing a lot of fruit last year and breaking a branch). I took cuttings from the blackcurrents and Im hoping to have 10 bushes producing next year for the plum and blackcurrant jam. Im also planting some chives down near the blackcurrants, not for me but for the purple flowers for the bees.
So--a bit of luck in the garden and a bigger slice of luck with Centamin and I will be a fair bit happier myself.
Leedswedge
Enjoy them beers, reckon u be well "landed" this week then, divs slighty less at 600£, Mon's pool nite always blotto , may gold go higher
Obviously not man enough to capitulate sj999?
Mine too- with Barclays Sipp handled by AJ BELL- was just about to chase them too :-)
Muppets corner for halfpenny - appropriate moniker :-)
And my £764 has landed! (II)
I can afford life's essentials! To Wetherspoon!
Dow futures heading down over 500pts just now could provide a buying opportunity not to be missed here this afternoon. Economy into reverse now making it harder to correct inflation by raising rates too aggressively will be on the minds of policy makers the world over. When this is accepted as the new norm then pog will fly. Of course I recall some previous posters here spouting that inflation was bad for gold one has to laugh. There's only one true holder of value in these times of turmoil, not property, not money, certainly not crypto, it's GOLD.
Dunce's corner for you sj999 doesn't mean going to zero :-
By definition, capitulation means to surrender or give up. In financial circles, this term is used to indicate the point in time when investors have decided to give up on trying to recapture lost gains as a result of falling stock prices.
“The history of the London Gold Fixing is a history of gold price intervention and manipulation“
This month in London marks the 100th anniversary of the first “London Gold Fixing”, the infamous daily meeting of a secretive cartel of bullion banks which has met since 1919 to set benchmark gold prices used throughout the international gold market, a meeting which continues to this day through its thinly disguised successor, the LBMA auction.
London gold price benchmarks are critically important to the global gold market because they are used as a valuation source for everything from ISDA gold interest rate swap contracts to gold-backed Exchange Traded Funds (ETFs), and everything from OTC gold contracts to transaction reference prices used by physical bullion dealers when purchasing gold bars and gold coins from refineries and suppliers.
https://www.bullionstar.com/blogs/ronan-manly/rothschild-emerges-from-the-shadows-for-the-centenary-of-the-london-gold-fixing/
Hi Cowichan,
Possibly Centamin will be using the past decade at Sukari as an example what happens when the senior management fail to put in place the appropriate and fit for purpose waste ore disposal methods,
Or how for over a decade to deny the truth and instead and feed regular doses of baloney and pie in the sky guidance predictions to share holders to keep them on the hook ,instead of honest,accurate and promised updates!
Possibly also a tutorial on how when a crack in the pit wall exposes the Sukari sham how to deny all knowledge of what was going for a decade and claim its time for a turnaround and then award the BOD lots of bonus shares despite delivering nothing then more promises of good times coming!