Member Info for Angelis

It coincided with the Arab Israeli war in 1973 and the rise of oil, until then it hadn't spiked, risen yes but the middle east war and oil price was the catalyst. I've no idea what happened in the 40's with Gold, tell us?

Now add this scenario to the pot....🚀🚀

1.4 billion people about to create global gold shortage

https://www.youtube.com/watch?v=lbfEGzF2pm8

Yes i just see the 1970's playing out all over again, i think that is their plan to get oil price high, Putin and Iran in on this.

And btw Gold went ballistic in the 70's it went up 500%

Most stocks can be risky, one stock was tipped recently by a well known Investor and it dropped 40% on a 50% earnings cut forecast, i wasn't in it just watching, another stock i watch came out with great numbers, profits up and the CEO bought afew hundred thousand quids worth himself and its still going down. The markets are volatile. Thats why i'm sticking with Gold stocks.

Its to do with the sentiment in the stock. Its their increased debt that's slapped us in the face.

Between March 2023 and May 2023 the Gold price rose from around 1816 to around 2040

Between March 2023 and May 2023 the Hum share price rose from around 7p to around 20p

Post May 2023 to present time the Gold price has dropped from the 2000 level to present levels around the 1816 support level

Post May 2023 to present time the Hum share price has fallen from its highs around 20p to its current level just above 7p

Ta very much, Your welcome.

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Go on Bushy, explain to the troll you dragged over from your JLP trolling board.

So you agree with him Bushy? the POG is irrelevant?

Gold is going ballistic if this continues, the 1970's all over again.

https://www.youtube.com/watch?v=zr9bkjhoFGA

Here let me help you, Why do you think the mining sector is down generally? what do you think that might be?

This is Debbie Downer Dave in another stock he owns that moves soideways but heyho is giving dividends.

''Yep welcome Daz, it's crap here,you loose more than you gain on divi, your stuck with nothing but hanging on hopefully. I won £50 on the premium bonds the other day, like everything else it beats this crepe.''

Debbie Downer Dave

Give you a chance before i filter you. How did the share price rise to 20p in a less advanced state? i know you aren't worth debating with but i'm bored..LoL

David Brent, You cant really be this thick you must be a wind up merchant.

David Brent the thick investor.

A $200 dollar move down in gold effects margins gobby Dave. How can you be so thick?

Centamin has no debt and its down 20% gobby Dave.

Gold is trading at multiple support levels…

https://www.youtube.com/watch?v=tirj95H5JSU

Anyone with a brain is discussing the POG and yet on this board its deemed irrelevant...LOL Watch the share price as the POG increases.

No ones going bust Swatton, its just extra finance to cover cashflow during the ramp up phase, also the POG has decreased, which will increase again soon, maybe its to cover that shortfall too, people are being very negative over a company which is about to double its gold output. In mining finance is a positive because it shows the lender knows who he's lending to and the size of resource they have, its just patience as they ramp up production at the new mine. People need to be patient. All miners SP's are down at this time due to the manipulation of the gold price as Bidenomics fight to prop up the dollar with another 500 billion of debt in the last two weeks. Gold is going ballistic and everyone knows it.

One things for sure there's only one place i want to be over the next year and that is Gold, the Dems have just increased the US Debt by 500 billion in the last two weeks and they have another 12 months to go propping up the US Socialist economy. So that's an extra 12 trillion of debt, taking it to 43 trillion of debt. Gold is going ballistic.