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Usually a time to trade this when novice gives stupid predictions
Think this is a better heading than the latest, something to be proud about, who wouldn’t want a company with this award, helps whoever interested many ways
Atb
Should start to see the price rise into close now, 9p deffo on the cards
Interesting MP, didn’t know about target 2
Surely it’d be easier to just let economies and currencies fluctuate
Maybe the return of dirt cheap Spanish holidays and fists full of pesetas is on the cards
Padmaster,
Thanks for this info, much appreciated, this all adds to Solgolds standing in Ecuador.
Slowly but surely ticking the boxes
Atb
1984Investor - IMHO the EU will collapse when Italy defaults on its Target 2 loans. It threatened to default in December 2017, unless the ECB bailed out it's banking system by buying Italian Government Bonds. Draghi was the head of the ECB (the future Italian PM) bought more than the protocols allowed. Prior to Target 2, the ERM, Currency Snake and the Latin Monetary Union all collapsed when Italy defaulted on its loans. People and businesses in the UK worry about their loans, whereas in Italy the lenders worry about the loans.
Target 2 was brought in to stop all the Euros ending up in Germany, as there's no self-regulation, when countries are all in the same currency. Prior to the Euro, if too much trade went from Germany to Greece for example by buying Mercedes, the Mark becomes stronger and the Drachma weaker. Eventually the price of Mercedes is too high for the Greeks, but Greek holidays become cheap for Germans. In other words the currency self-regulates. Under Target 2 the money is immediately returned to country of origin in the Eurozone as a compulsory loan, with Zero Percent Interest and No Obligation To Pay. It's like an IOU, but not as strong in law as an IOU. IMHO it's a recipe encouraging a default.
Blimey I see we've turned into conspiracy theories R us today, all very frivolous albeit entertaining 🤣
As long as the stock keeps rising you can post any old baseless crap,
Did you stay up late to see who won the free and fair presidential election Kat ?
Keep up the good work guys
All very nice, now can they reward us with licenses and agreements instead of virtue signalling pats on the back that are utterly worthless to us?
Sorry to interrupt the geopolitical debate, but Solg have had further recognition for conservation of the environment.
https://prensaminera.org/amp/solgold-recibe-reconocimiento-distintivo-iniciativa-verde-compromiso-la-reforestacion-ambiente/
SolGold, a mining company, has been awarded the Green Initiative Distinctive Recognition, granted by the Ministry of Environment, Water and Ecological Transition. This recognition is granted by virtue of the company's outstanding commitment to the preservation of the environment and the implementation of sustainable practises.
The distinction is awarded in recognition of SolGold's outstanding work in reforestation of 172.48 hectares of land, using a total of 226,689 native forest species. These figures reflect the company's hard work and dedication to the restoration of degraded areas and the conservation of biodiversity.
SolGold's reforestation initiative is a clear example of the mining industry's commitment to environmental responsibility. The company has shown that it is possible to combine economic activities with environmental protection, thus promoting sustainable and ecosystem-friendly development.
Upon receiving this recognition, SolGold reaffirms its commitment to continue working for the conservation of the environment and to actively contribute to the construction of a more sustainable future.
Thanks for the heads-up, I will.
Poland only joined to get massive subsidises, the moment they dry up they’ll be off.
We’ve swapped subsidising poorer European nations for subsidising millions of immigrants instead
This nation is totally incapable of putting its own people first. Ever!
Kat, watch 20 Days in Mariupol. You may wake up to the truth about murderous barbarians you support.
If I was an Eastern European country, I would be very interested in rejoining an alliance with Russia, bearing in mind it is packed full of resources and industrious, moral people ( not talking about the elite rulers ), rather than an enfeebled, exhausted, degenerate and bankrupt Western civ.
Hear, Hear '84. Lagarde is literally keeping it going to make it to Friday every week, with the end becoming both inevitable and imminent, hence the unstoppable rush to war.
Bozi - The currency ( please don't call it money ) is being 'destroyed' as the world deleverages and the EuroDollar private pools are destroyed by higher interest rates. Huge amounts of 'capital ' ( read funny money ) were created close to the zero bound, with profitable carry trades and rehypothacation of assets at little cost. God only knows how many trillions have been allowed to roll off when there is a 5% cost to borrowing.
We should all applaud the curtailing of the Ponzi insanity, but it has hit us in the wallet.
I expect the EU to collapse when the next large member pulls out (oooerrrr)
I think they’ll go back to their own currencies and retain some sort of trading alliance, which is what it should have been in the first place
Full Steak Ahead sounds great to me..
Quady: I've often thought that eventually the biggest net positive contributors would form "EU elite" and the Euro will be discontinued. That will be another opportunity for profit taking as repricing adjustments fuel inflation as it did when we went decimal . The rest of the EU will go back to something akin to the Dark Ages, Putin will get his former USSR countries back and no one will stop him.
Still on the up, gold holding above $2150, wednesday fed decision may see them both continue to the upside, looks like a positive week at Solgold, imo
Jezzoo I have always supported Brexit.
Amongst my friends I predicted it almost 25 year's earlier.
I always said a single currency that was across many diverse economys would be a disaster.
Some would profit some would lose.
Plus you could never take decisions that were best for the individual nation, if you were always basing those decisions on what a third party told you what you could and couldn't do.
We won't be the only nation to leave.
Germany and the Netherlands will follow.
It won't be Italy or Greece, because their debt level is too high and an independent currency would always be linked to the Euro for debt repayment purposes.
What story is that Add? That UK plc valuations in general are at their lowest in many years?
We're seeing this play out perfectly with SOLG - not that i can blame that on Brexit.
So where is all the money going? Stock market liquidity is poor and London is being left behind by other exchanges in the world which forces new IPOs to prioritise other markets.
It's quite a bearish outlook and it has been for a couple of years now.
*full steam, Freudian slip unintended
The eco loons are trying to dismantle farming completely, they want to trash the food supply chain as part of their goals to depopulate and immiserate us.
That the EU have been forced to take one step back is merely due to upcoming elections. After those they’ll be full steak ahead again on agenda 2030
I should have mentioned the flow of inward investment tells its own story. And what happened to all those whingeing CEOs/celebrities who promised to leave these shores if Brexit happened? Think of that awful woman Emma Thompson. What a pity she didn't p1ss off.
Bozi, it would be naive to deny that problems arose, but most companies have now sorted out their trading issues and life carries on.
I absolutely accept the farmers argument. The government has been woeful in its behaviour towards them and all the restrictions, regulations and green b0ll0cks are making life very hard. Just look at the absurd nonsense that the Welsh government is trying to impose. Mind you, the European farmers are in the same boat, but their protests have done much to enfeeble the various governments in Europe...thank god!
Ignorant rather than arrogant.