We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Gold up to 110.7k rubles/oz. Up over 5% today.
Gold over 106k rubles/oz, or $1,646/oz
Average volume 741.81k
Shares outstanding 363.90m
Free float 204.58m
P/E (TTM) 14.56
Market cap 794.31m GBP
EPS (TTM) 0.1499 GBP
Annual div (ADY) 12.40 GBX
Annual div yield (ADY) 5.83%
Div ex-date Dec 19 2019
Div pay-date Jan 17 2020
Data delayed at least 20 minutes, as of Feb 21 2020 09:44 GMT.
HGM next target is 249.60 ,i think it will get there sooner than later .
Gold now up to 105.1k rubles /oz or $1633/oz
At some point this will ping like a coiled spring. Very soon IMO. Results for 2019 and Q1 2020 update, due in April. DyOR
Gold now at $1598 / oz or 102.1k rubles / oz
In the meantime, gold is approaching $1600 an oz again, and up to 101.3k rubles /oz. Rising in all major currencies.
Graphene face masks won't stop traansmission via dirty surface, but before it was abandoned by the sensible medicals - #pneumoniawuhan did have a table that said it actually has a very low 3 hour lifetime on metal surface - noravirus is months - normal flu is longer. Its present in fecal matter though - so water and surfaces are a big risk. #pneumoniawuhan were again days ahead of the game in saying the main risks are not the coughs and sneezes if you keep your distance, its all bodily fluids, close proximity. and washing your hands. I think in most situations gloves might be more useful then face masks - but obviously a queue or crowd is diffrent. Graphene is an excellent water and chemical barrier - but this can get in via your eyes according to the Chinese and #pneumoniawuhan so safety glasses as well - oh and shave your hair off or keep it covered - the virus does not wash out of hair so they said - oh and kick out your pets becuase it can reside within most mammals and snakes - the snakes one I find veru unbelievable. So I think facemasks are pretty much a waste of time - but I could be wrong 0 no one knows really.
And I think it flips after the rule of law breaks down making gold mining impossible to sustain, but gold itself becomes more valuable and paper money becomes worthless - which is a long way off yet.
Could graphene face masks reduce the virus spreading?
Covid19 and gold - gold is normally a safe haven as if everything else goes down in value - it doesn't. However you cant make hospital beds, a health service, anti flu and anti HIV drugs out of gold. So I don't know if this thing gets as bad as world governments actions indicate it could - and they are probably the only ones who know how bad it could get - is gold still a safe haven - are gold miners still going to be worthwhile or even viable if most ot the worlds populus are suffering endless cycles of SARS like symptoms which are gradually destroying their immune systems until they pop their clogs while what's left of the biotec industry is still working on lifetime drug stockpiles to keep those left alive (that is my worse case prediction I hasten to add). So at some point I think this flips - if we get that far.
To be fair total number of cases and deaths curving down on a log scale - especially since lockdown. Recoveries vs fatalities trending asymtopically toward about 15% 0 if the patient is hospitalised, but then, untreated death rate probably much higher once the sparse number of NHS beds available run out - and will we get HIV/flu drug combos once the NHS is overloaded or everywhere else were it doesn't exist - nope - and the populus of China is now back at working giving the pot a stir. Hope perhaps it will be end of flu season in 2 months - but again the negative is this is not flu - this is a weak SARS with characteristics of HIV - and we think virus free means virus free but the Chinese did warn about reinfection - or is that more like dormancy - too early to know. Now how does this effect pog... thoughts next post
The corunavirus is going to cause a ripple though the world economies. Governments are trying hard to play this down, while working hard in the background.
Gold was rising even before this. It's just another catalyst to push the price higher.
Last year looks like it was excellent for HGM with an average gold sale price under $1400 / oz, or 90,000 rubles / oz. Even that is not yet fully built into this share price!
With gold possibly averaging $1600 / oz this year, it could be a bumper 2020 for us.