The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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It’s not the price of gold that’s truly going up and the devaluation of the currency you hold and they will
clearly continue
"he recorded 824 combat missions." - and I believe that he holds the record.
By the way, that piece on the gold price was posted by Bob Moriarty on his site - http://www.321gold.com/, and today, 31st March is the 40th anniversary of the day in which he made history with his daring stunt of flying under the Eiffel Tower (watch it here, https://www.youtube.com/watch?v=_txdqnVP3-c).
He is quite a character - from Wikipedia -
"Robert J. Moriarty (born September 9, 1946) is an American Marine F-4B fighter pilot who holds the record as the youngest naval aviator (at age 20) in the Vietnam war, achieving the rank of captain in the Marines at age 22. Before leaving military service in 1970, he recorded 824 combat missions.
He holds 14 international aviation records including the record for flight time between New York to Paris in two different categories. In 1984, at age 37, he was in the headlines for flying, on March 31 at 11:20, between the pillars of the Eiffel Tower (in Paris) aboard a Beechcraft Bonanza aircraft."
The Wikipedia page about him is a disgrace. It is correct with its account of his famous flight under the Eiffel Tower, but under "Publications" it fails to mention that many years ago he started 321 Gold, which is stil going today. Wikipedia censorship.
Just before I get to gold, may I bore you with more on "pence"?
After decimalisation, people (many, but not all) stopped saying "penny" and "pence", and said "pee" - i.e. 50p - "fifty pee" for "fifty pence", which used to be ten shillings, or ten bob, in proper money.
Other units of currency - a score, a pony and a monkey - but that's another story.
It's Sunday, so nothing serious but it might cheer you a bit - "PROOF THAT GOLD SHOULD GET TO $10 000!! and
SILVER TO $500!! (by 2028?)"
http://www.321gold.com/editorials/lodewijks/lodewijks033124.pdf
Unless you are in need of a bit of fantasy entertainment, I wouldn't recommend wasting your time on it. I've seen it all before - "Gold Going to Parabolic Top of $10,000 by 2012 – For Good Reasons by Arnold Bock, June 2010." and many more like that.
For those who don't know - gold didn't go to $10,000 by 2012.
However, I am coming round to having confidence in the forecasts of $2,400, $2,500 and even $2,600 in April, 2024 - the month that begins tomorrow.
Hang in there Mattyboy.This could be our year.Multi bagger on the way
I was trying to cheer up Crystal after my earlier negative post.
"98.10% loss!!!!"
Typical aim.
You are not alone.
But you can't lose more than 100%
But can increase 1000% or more.
''I notice that KEFI rates as a Walter Schloss 'New Lows' Screen(Bargain Stocks)''
No sh it Nimrod22!?
I've been invested in KEFI since 2016 and am currently sitting on a 98.10% loss!!!!
Probably because I don’t know what I’m doing! I got into Shanta around 5 years ago at 5p.I was hoping for over 20p in a shorter timeframe but we are where we are.Early days for KEFI so hoping for similar share price increase (or more)in a three to five year time period.Not interested in any income just growth.
Crystal. I notice that KEFI rates as a Walter Schloss 'New Lows' Screen(Bargain Stocks)
Crystal. What attracts you to KEFI ? Looking at their specs, it appears to be all jam/maybe sometime in the future. No revenue, no profits, and just enough cash to be able to buy a small terraced house in Grimsby (prior to the recent share placement to raise more dosh). The political stability in Ethiopia is fragile, though Saudi ok. There quite a number of Gold mining companies that are benefiting in real terms today from the recent price/oz rise e.g. HOC, CEY, MTL, PAF, RSG, SRB, & WPM. Other than maybe profits in the future, the only other positive is the recent director buys.
It’s put me right off miners on AIM.I ‘ve been in Shanta for a few years so not losing out,but this whole process has put me off.I have also taken a punt on KEFI.Wonder if that will pan out the same way.
"If the Patels get their evil way and this bid is accepted and the company sold" - they got it on the cheap and we lost out on our just rewards. I was in TSG when it was taken in a very similar way . It had a huge gold-rich property, high grades, low cost of production, it had everything going for it and just as came out of the development phase and started paying a dividend, someone stepped in, the board recommended the takeover and if I recall correctly, we didn't even get the chance to vote. That stunk.
If the Patels get their evil way and this bid is accepted and the company sold,is there any way we can find out what happens to the company in the future after we’ve been been paid and Shanta taken off AIM.I cannot understand why these funds are piling in at the last minute for a potential small uplift.If Shanta is sold on in the near future for a far greater sum than we were offered how can we find out. All seems so fishy.