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Worldest 2nd biggest producer planning on $1200 long term price - even I'm not as bearish as him :)
https://www.bloombergquint.com/markets/barrick-boosts-dividends-by-14-with-windfall-from-gold-s-rally
There is talk around the world, including the UK, to explore negative interest rates. Now that would be interesting for gold but .1% is as close as they dare today. Certainly there is little sight of Gold falling at this time as there is simply too many reasons to hold it. Lockdown 2 is odds on favourite in October while our government flaps around overreacting rather than using their commonsense and just quarantine everyone with an underlying health condition and those over 60 and properly focus money and effort on the those that need it. if you remove the former you are in the mid 100s of deaths for the UK out of the 40k purported. However gold is going to continue to climb at any rate.
One obnoxous and extremely repetitive individual. Kefi gets stronger with every rise in gold and copper.. Dont mind this idiot.
I feel that the two noxious individuals are in urgent need of therapy......I repeat Kefi is on the cusp of jumping from being a Gold explorer to a producer.....no matter what has happened in the past.
Let’s not continue with sad discourse....if you’re not a Kefi shareholder then you don’t want to miss out.....
Smelly we don’t want your advice move on please it’s not normal the way you are conducting yourself how much are you getting paid to bash keffi
you can filter me anytime thats why that facility is there but I'm not going to stop highlighting mistruths and ramping on here designed to suck new investors in without giving them an alternative point of view. My motivation as I have said a few times is that I believed Harry and his (many) RNSs because he was certain, he's not allowed to lie in RNSs etc and even met him twice and Norman and the deceased Chairman and looked them in the eye and they lied to my face re ANS. It nearly cost me a fortune (for me) and certainly caused me a lot of stress and sleepless nights so I'm simply making sure that if any one else decides to take the plunge they know the full facts - some on here just want stupid ramping but that is not a discussion that is speaking to the converted in as Oily says an echo chamber.
Sorry....constant bleating.....
I find it incredible that non shareholders can waste so much time posting here........once I am out of a share I never waste time continuing to post......it would waste my time and everyone elses.
With Kefi now on the cusp of a major upgrade this no time to listen to constant bleeding....but no doubt it will continue.....
I just posted that last post to counter those many many posters who merely copy and paste the latest Harry statement as some kind of Gospel - the truth is he has been wrong and told mistruths whether intentionally or unintentionally for years and especially over the last 12 months and even his most most definitive statements like"the funding is unconditional", "it will arrive in a matter of days " etc were false and he SHOULD have known . While making these statements the share register increased 4 fold to 1.9 billion often after a seemingly positive update to suck new people in - "Fool me once shame on you , fool me twice shame on me" - new investors beware.
It’s quite easy to see gold going to $4,000,” Frank Holmes, CEO at investment firm U.S. Global Investors, told CNBC on Monday.
He pointed to the trillions of dollars needed in stimulus to tide the U.S. economy during the coronavirus pandemic, and added that G-20 finance ministers and central banks are “working together like a cartel and they’re all printing trillions of dollars.”
“We’ve not seen this level where central banks are printing money at a zero interest rate. At zero interest rates, gold becomes a very, very attractive asset class,” Holmes said.
A looser monetary policy generally means investors are more likely to seek out gold as an asset. When real yields go down, gold prices will go up, and vice versa. In such a scenario, the opportunity cost of holding gold, a non-yielding asset, is lower as investors are not foregoing interest that would be otherwise earned in yielding assets.