Member Info for big-blue

What was the point of such an immature comment

.... and nothing from the company!

That is a worryingly long silence. A number of people claiming to be in touch with people inside the company have been constantly promising some sort of clarification document - but it is nowhere to be seen. I draw my own conclusions.

Yes, other variables have a greater or lesser impact at varying times. The other poster seemed to take issue with my citing inflation having an impact so I explained how the current spot can be influenced by the longer term impact of inflation, by way of example. Overall, yesterday, a glance at the gold graph looked like a steep increase, somewhat ahead of interest rates but more in line with inflation. Of course it can be as scientific as chartist readings, but I've seen a few graphs and momentum swings over the years and generally what goes sharply up, tends to come sharply down - against a much slower oscillation of averaging out. No candle sticks were harmed in this analysis.

Gold price inflates along with inflation. As an inflation rate of increase decreases, rate of inflation impacting gold price, ergo, reduces (other factors aside). Therefore the future value of the gold, amortised, if purchased below the derivative rate can be sold with a higher net price later. So the higher spot today is declined, gold is still being supplied to the market so it has to be taken up at a lower price, and you then have price spirals which move much faster than immediate supply and demand - and price spirals can also work in the opposite fashion. Gold is a commodity so its future price is as critical as spot price.

Of course there are many other inputs to the equation but the rate of change of the price relative to the rate of change of inflation is a significant coefficient.

From 1830 on Jan 5th to over 1950 on the 31st. A sharp rise starting Oct 22. Didn't look sustainable to me so I would have expected a market correction at some point - especially as inflation peaks out around the world.

Rate of change of recent rise was too steep, any reversal was going to mirror to some extent.

I don't do social networks, I don't trust the content. It would be nice for information on how to sell shares from a suspended account was posted here. There is a high expectation this could happen to POLY by many.

Probability of suspension now and the specific circumstances around POLY, don't know anything about EVERAD or whoever they are..
This is a simply question which I was hoping would illicit simple non-confrontational answers. Just for once!

I raise the question so people can consider if they have an option to liquidate easily should suspension happen. It is certainly a concern of mine. If I were to day trade a bit, knowing that I could at least trade out should the unthinkable happen, I might be less frenetic and reluctant. On the other hand, if this is some ancient mechanism where I have to dress top hat and tails and present myself to the stock exchange board in person with A3 velum parchment certificates, then I might be more reserved.

They've been buying POLY over the counter all year? Never heard that mentioned here before. Why have they recently stopped?

[sigh....]

... and so the answer to the question of who does and how do they 'trade over the counter' is?

According to past Q&A, if suspended, the company says the LSE shares "Trading will be still available over-the-counter. Centralized exchange trading will continue on AIX and MOEX (only available for local investors) even in case of suspension on LSE (other than in case of direct sanctions on the company)."

Which brokers do we know will 'trade over the counter' and what does it entail in practice.

Sensible answers please, some may be very interested in this detail.

Anybody else sense a calm before the storm? Seems yesterday's ramp fest p&d has passed. Something seems amiss.....

Thing I don't like about the Polymetal Q&A page is the posts are not dated. I find it makes it difficult to keep a sequence of information especially as the posts are distributed by topic headings.

This is NOT a 'social network' as many keep pointing out. One toe off topic and there is a waiting crowd of report button clickers ready to have your post deleted within seconds. Even comments intrinsic to the company are regarded off topic.

"There is an area here https://www.lse.co.uk/chat/general/

You can create a polywar thread and chat about who is occupying where, who is winning, what tanks are being used , new wonder weapons from the west. "

Is there maybe a case for you, chique, to setup the polygold tread, alongside a polywar thread which you can direct people interested in the respective topics too?

Just a thought..

No family in Ukraine, Russia, Kazakhstan, BRICS, Europe or America. All confined to the Kingdom of Mercia. I don't do social networks so no other networks in those locals either (apart from Italy). I don't have any 'team' to side with either way.

The geopolitical situation is 100% directly related to the past sp crash, fundamental change in operating philosophy and markets, and future prospects and operation, survival in fact, of this company. Looking at the future prospects and deciding whether to invest short, medium or long term can only be done by paying attention to such macro events. It is as intrinsic as paying attention to gold prices and future gold prices. I mainly reserve my comments these days to reply when appropriate and relevant when others raise macro issues, such as the Ukraine war. This is in response to the removal of the constant pro-Russian war mongering sabre rattling that used to be seen every other post. Thankfully that has gone, so the need to answer and challenge has also abated. But trying to pretend it is a non-issue is just a non starter.

I think it is their personal guestimate of how events may play out, like mine is. What's yours?

You're welcome Dibs, I bear the cross to protect the innocents.

In my experience,such low frequency engagement implies trouble. This company was being hailed by its advocates early last year as being one of the best at keeping the investors up to date. That seems to have waned.