The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Final 3.00¢ * 20/05/2021
Whether or not cryptos outside of officialdom survive is a question of whether you think governments eventually triumph or the people eventually triumph.
If I don't get my nose to the grindstone today, I won't triumph.
Yes, I see gold had a look at $1900 yesterday and came back for a think about it. Another couple of 'think about its' and I think it will be about it and through that barrier.
A small addition yesterday with some MVIS winnings the other day keeps my strategy of drip feeding and dividend feeding on course. Some good news would be welcome.
Have a good day everyone.
It's all noise. Bitcoin and the others are here for good. It's the future lol. Still see Bitcoin reaching 100k this year. Super inflation on way. I even got a cheque from Joe Biden for $1400 dollars the other day as I have an USA social security number!! Bonkers!
Remember a slight dip today at open as we are ex-divi, but hopefully as gold is ok (for now), and ftse futures up (for now), so maybe a good day ahead.
Plus Mr Tibbles posting yesterday on news this Q - which could drop anytime... here's hoping
By the way check ICP, it could be the next big thing. Dyor
Reading about it simply blows my mind. I would personally not invest directly my money. Any profits I make on stocks goes to crypto. I bought ICP at $275 price went to $88 yesterday. Not good. Bought in this morning at 110 and boom its 170. Almost recouped my loss. I have partly cash out in readiness for another dip.
As for Cey, I'm holding for ever as I want to see £5per share. May be 10 years
Shares on the major European stock market indexes traded in the positive territory in the premarket on Thursday as the investors digested minutes from the United States Federal Open Market Committee's (FOMC) meeting, which underlined the Federal Reserve's intent to keep the asset purchases at the current level until significant recovery has been achieved.
A report unveiled that the United Kingdom plans to achieve its goal of offering a COVID-19 vaccine to all adult citizens one month ahead of schedule, checking the box in June instead of July.
The DAX rose by 0.75% at 7:30 am CET, while the FTSE 100 gained 0.71% at the same time.
The euro concurrently advanced 0.06% compared to the dollar, selling for 1.21821, with the pound stood unchanged versus the greenback, changing hands at 1.41196.
Breaking the News / BU
Nope- crypto is here to stay, 100%
Market22 gave some very wise counsel in that one can be sitting on a hefty profit only to see it evaporates so very quickly!
A situation most of us will have experienced at some time, how many investors promise themselves they will learn by this experience, but then forget to do so next time their chosen stock is on that seemingly ever upward protectory?
China's latest decision on bitcoin may well only be the start as other governments and central banks are now bound to follow with similar moves, something bitcoin holders need to be giving some thought to!
Razor as you know there are many ways of looking at gold. Local currency also has an effect on production costs. i.e. When converted back into GBP for the books. So higher GBP buys more local currency = cheaper prod.costs, but if higher against the USD could affect income from earnings as you say where sterling is worth less and could be beneficial. Some view Lower dollar actually increases the demand for Gold as in real terms as you say rated in USD it actually becomes cheaper. I see today that when bond yields reduce the value of Gold increases. Also as World production increased as Gold is used as a commodity it also becomes worth more. At times of uncertainly or in times of crises the world traditionally turned to gold but they now also look at Bitcoin -however I have a feeling that bubble is coming to an end. I have a feeling with interest rates staying low for some time yet, and as inflation grows in time Gold miners will remain a great investment as a hedge but if rates are to go up and increase then this goes against Gold as some will feel better places with increasing rates. I am staying put for the time being with my Centamin, Hoc and Fres shares as on the balance of probabilities I feel in the shorter term over the next few months our earnings on raised commodity prices will be very impressive. Fingers crossed hopefully for all the right reasons. Gold has become far more complicated to project in my opinion than ever before. IMHO.
Interesting read
https://www.kitco.com/news/2021-05-19/Reversal-of-money-flows-Big-institutional-players-exit-crypto-and-turn-to-gold-says-JPMorgan.html
A BFS means they are making serious progress ,to me.
Thanks Don .
In Q2 2012 Haren Consulting Pty Ltd (Haren) collaborated with ORELOGY to review the Ampella Mining Ltd Konkera Gold Project in Burkina Faso. The primary objective of this review is to provide assurance at a corporate level that resources reported by Ampella are estimated in a manner consistent with internationally recognised guidelines and regulations. In Q4 2012 Ampella engaged ORELOGY to undertake an open pit optimisation study on their Doubema and Foumbiri gold resources at Batie West Project. The results then can be utilised as a guide for identification of the most appropriate zones throughout the mining prospects for further drilling/exploration efforts.
During Q1 and Q2 2013 ORELOGY undertook an additional work for Batie West Gold Project as a part of Bankable Feasibility Study (BFS). During this period Ampella commissioned ORELOGY to conduct an Owner-Mining study and provide mining cost estimate based on an owner operator arrangement.
https://www.orelogy.com/project/gold/konkera-project/
-------------------------------------->>>
It's coming.
No, really this time :-)
* “we are where we are”.
Hello DaggerMal
I have a passion for commercial property. So I bought a belter of a shop last November. The deal negotiations began last August and the completion took place on December 1st. Before the completion date a large clothing retailer approached the owner to rent the place but I had got to him first and he completed with me.
I have been negotiating with the retailer since December and last week the deal all but fell apart.
I’m not 100% sure that they are gone but it’s looking like it.
I now need to carryout some enhancements before formally placing it on the market to let.
I’ve lost from Dec until now but “we are where are”.
The property is in an excellent trading location and with a some cosmetic upgrades will let.
I’m still waiting another week or so as it’s not clear that the retailer have definitely gone.
It will let, a large shop is like a long oil tanker, it takes a mile and a half to turn it.
This is very similar.
Count me as one of the little people still sitting on a whopping bitcoin profit MrT.
Many thanks Razor for that update.
Thank you Razor
BTW how did your retail site investment get on? Is it all up and running? Hop0e it's going well.
DaggerMal
The S&P and the Dow Jones are both down by .8 % approximately and the Nasdaq is flat.
Current asset purchases pace to continue until rapid progress - FOMC minutes
United States Federal Reserve's asset purchases should "continue at least at the current pace" until notable progress towards Fed's goals of maximum employment and price stability goals is reached, participants of the meeting of the Federal Open Market Committee (FOMC) and the Board of Governors had said, according to minutes from their April meeting released on Wednesday.
On the other hand, if the progress proves to be quick, the FOMC may "begin discussing a plan for adjusting the pace of asset purchases" in some of its upcoming meetings, according to several of the meeting's participants.
The economists expect the inflation rate to run over 2% "temporarily" mostly due to an "expected surge in demand as the economy reopens further, along with some transitory supply chain bottlenecks." However, "after the transitory effects of these factors fade, participants generally expected measured inflation to ease," it was said in the meeting's minutes.
Breaking the News / MS
https://www.centamin.com/media/2402/cey-bofa_conference_corporate_presentation_final_updated.pdf
Note: Page 14 includes some 2021 drill results — I'd like to see a return to giving shareholders as much drill/resource data as and WHEN it becomes available
One intercept is 40m @ 8.29g/t — that's impressive
Thanks for such an informative reply. I'm learning slowly but surely.
You guys on here, know your onions.
DaggerMal
OOps roll out!
To Mr Bond and other readers,
https://www.tradersbible.com/news/natwest-pound-to-lose-gains-against-eur-us-dollar-in-third-quarter
Von de Leyden is expecting a much stronger euro by Quarter 3 as the impacts of much higher vaccination role out are likely to open up most of the EU economies. They certainly expect to outperform sterling. Other analysts also expect the pound to lose some of their early advantages over other major currencies, so the rise in the pound is likely to halt end of next month.
Hoping for a rise. Have blown all the profit I made here on cryptos.