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Think it’s been known info for a while and just a formality to RNS this news so hopefully won’t hurt the SP finished at 1.16
Sells nearly doubling the buys today……..
This has got **** show written all over it.
POGR having a good day
Tomski, Why Do You Care?? Serious question!!
You claim you've bought into RR, yet you don't have One single post in their BB.
You admitted don't hold Any shares here, Yet you post daily and have Over 110 post here!
You also said you weren't going to "hang round" this board anymore, yet here you are. Every. Day
Well I have got clarity that we sell the gold domestically within Russia to unsanctioned businesses. Enough for me to hold for now.
So when is it going to 10 bag?...it seems to go down daily not up. A genuine question?
ShottyGoShort - Spot on and probably one of the most accurate posts i have read on the board for a long time.
We are damaging ourselves and think we are hurting Putin?
If you just add China, India, some Africa, countries and middle - you are talking about 60% of the world who do not support sanctions - We are actually the minority in this war!
Finally, the sanctions on Russia exporting gold is not about punishing Russia, the price of Gold is NOT go down as by restricting supply with more sanctions the price will continue to rise and the US, Germany, UK who hold huge reserves of Gold of Gold will be making billions as the price hits record high.
This is nothing but a game being played out between finance people.
Buy now and come back at the end of the year and you could be in for a lovely xmas!
Also posted on POLY
Sanctions are a leaky bucket unless they are upheld by a majority of players. Hurting our own economies which IS THE DESIRED EFFECT!
Best bit of advice on here was probably to hold and go away for 6 months. I keep checking in but really should just ignore and hold. Fundamentals are strong enough IMO. Got a tailwind with price of gold and current and incoming political and economic instability.
Those that say Putin needs to go...well he might but I think Biddy Biden will be out first. He's doing a fantastic job, best advert for Trump there could ever be. He is an absolute CLOWN. Anyone who thinks he is in control needs to lie down in a dark room. Joke!
Happy to hold and would have bought more but maxed out previously on this. A POLY guy who sold his extra car to buy stock, good move. Old for gold WITH a future income makes complete sense.
Ignore the noise, focus on the fundamentals and hold on tight!
Best
GLA