Member Info for bobliz35

Hi Steve too much vino rouge so apologies

Doh!!!

Bob

Wow Steve , hoping for a miss implies a leveraged short. ???
Round spherical items and composed of Iron ore that has gone through the Bessemer furnace. Hays off if you are correct.

Kindest regards

Bob

Hi Steve

So reinforces my previous posts in that private investors have little influence on SP in comparison to major commercial and top flight institutions which I follow .Basic problem is that they conceal their positions under Market rules in that their substantial move s can be declared on a 24 or 48 hours delay after crystallisation if the event is larger than NMS . S.M rules on ensuring a stable markets.
Many thanks for revealing to this board what holdings in CEY uncovers. Institutions such as Blackrock Schroders etc have the best brains on this planet and life in these major institutions is short if proved lacking. A major plus for my substantial and continuing hold in CEY albeit from a low SP and enjoyment of substantial divis over many tears.

Many thanks again for that reveal. Look forward to RNS shortly on CEY prognostications for current and future

Market move 24 to 48 hours before a good indicator as the market in general is leakier than a colander.

Kind regrds

Bob

Hi Steve

Totally agreed , nobody reads my posts and I cannot blame them for that.
As Tibbs has indicated how the market and the book works is quite contrary to how most Retail Investors imagine the figures work.
The factor most RI look at are in fact behind the actuality and RSI is one which is most misleading. Major transactions may be declared some time after the event . If you wish to trade as a major Institutional player then it may be days before that would appear as a transactiom.Equally major transactions between brokerage houses may also skew the market although these may be transacted on a neutral price basis. but may show as buy or sell depending upon the ticker price when declared. The trick as I have said previously is to foresee the strategic direction of travel and ignore the short term rise and falls as that is squaring the circle.

Just my naïve view . and hopefully of some interest or otherwise.

Regards

Bob

Mater RSI

Do you fully understand the meaning of UT at end of trading in the book. Interested in what you understand Having traded directly into the book I know exactly what it means ,if anytghing.

Regards

Bob

Hi Tibbs

Purely a bit of fun. However I sadly was not at that meeting but may have been at similar in my previous life. On many things Tibbs we differ but on the way in which the markets are manipulated and the omerta operates we are probably at least on the same platform. However the trick is to see the manipulation and profit from it. Sadly Feb 24 2022 gave massive opportunities in Raytheon, Boeing BAE, Lockheed, et al . A different debate as to whether ethical to profit from the tragedy of war . I did not this time !!!!!!! Had no need but a day traders heaven . Best fun to have with your clothes on is day trading directly into the book leveraged 10 or 20 times depending on the stock being traded, However like gambling take the profit and run . MOST ESSENTIAL ADVICE IS THAT YOU DONT NEED TO TRADE EVRY DAY OR EVESleep tight every one N EVERY WEEK. Compound 1% return per day on 200 days per annum. Wont happen but neither is winning the lottery.
Sleep tight every one

Kindest regards

Bob

Hi All
Just to bring some jocularity to the board and snipe as you will it will make no difference to me

Scenario one Meeting at EMRA with Government reps present with Pardey and Joseph etc present. We are really fighting a rear guard action on Law 32 et al and not sure we can hold the present position. Can you ramp up the production to exhibit proof that Sukari was a wise enterprise for the Egyptian Government and bang some dollars into our economy as valid proof.

We can but we shall ahve to cut some corners to get there. So be it go to it.

3 years later

Non exec to Blackrock , Standard etc etc via a secure but deniable line. Probably face to face at a obscure meeting place more likely.

What I am about to tell you is strictly between us and i shall deny all knowledge of it as I have to protect my credibility as a Non Exec on 3 boards earning 6 + figures a year and 2 kids in top public schools to support. Sukari is about to have a major collapse of the wall as short cuts to achieve results have been made. Immediate action needs to be taken as otherwise the resulting catastrophe will render the project sterile.

Ok you have my complete silence in the matter but immediate action will occur.

Shining white knight arrives sword in hand and slays the misaligned dragon.

Just a bit of fun guys stimulated from this excellent Bourgogne shortly to be followed by a Courvoisier and expresso but VERY SADLY LACKING A DECENT HAVANA on pain of a fate worse than death from my future ex wife. Love her to bits otherwise the Havana would currently be alight.

Hope nobody takes offence at my jollity
Should be a signing off quote from the likes of Oscar Wilde or Latin similar but classics education too long ago to remember.

Kindest regards to all here

Bob

Hi Tornado and Tibbs

Firstly what a fantastic platform this is for many and diverse views. As I have said before with "skin in the game" the more obtuse and variable thoughts
(well considered and mannered ) that arise should have bearing on whatever decision making process . Firstly Tibbs I would be fascinated to hear what your contacts make of the efforts of Putin to realise the gold assets he sits on . As I understand it no exchange in the current world trading platforms will credit without physical transfer guaranteed gold value from Russia. The only stable platform who may be so willing is China but then an embargo on their reserves woud be of massive liability to their current dire economic woes. I would suggest they need to maintain contact with a market within which they can realise or use as a backed world wide asset.
I really look forward to your further considered views as could have a very large influence on future gold price.
Tornado
I fully concur with your thought process. As I have said before Hogan is not in this for buying another 50 metre yacht but as his history and CV shouts ego , ego ego, promoted by success and there is nothing wrong in that in my opinion.
Whenever a new CEO is brought in to a less than adequately performing Company (and the major Institutions would ensure the old guard fell on their sword and the new incumbent would be out of the top drawer, believe me) his first mission is to emphasise the terrible mess we has to clear up. Probably worse than actuality. A 2 year mission statement. That time is up and the major players know this. I think a progression of good news will now follow . If not I am wrong again . Success is 51% right and 49% wrong.

Have fun chaps Still holding and well above water with every thing in a ISA and do the maths over 10 years of divis. SP is only of value when crystallised.

Kindest regards to all
Bob

Hi Tibbs

Unfortunately for Putin the ability to requisition and have a lien on gold by sell or purchase whereby a label is added to a gold in a Western vault is no longer available as a source of dollars. He has to physically supply that gold in exchange for currency or goods, How is he going to be able to establish an alternative trading platform where physical delivery is the stable floor and a trusted system of exchange. Pie in the sky I am afraid. Kremlin propaganda at its futile worst.

Kindest regrds

Bob
.

Hi Tornado

Forgot to add , these factors have a self fulfilling prophecy

Bob

Hi Tornado

Not at all surprising. Major players have a minute by minute appraisal of the market and make decisions in millions if not trillions on factors arising at that time scale. Private investors do not and cannot operate on that basis and can only make decisions on the basics. Their is no long term thinking or action in the market and especially in this geopolitical and fragile economic environment. The less time that an investment decision is at risk the longer that individual will survive in a dog eat dog world.
The basics of course will like cream come to the surface ,

I could go on about short term momentum traders , scalpers, et al but probably bore this board into delirium or catatonic dmentia.

Kindest regards

Bob

Hi Tibbs and Mr Bond fascinating discourse you have started on this board . May I put my jaundiced , inaccurate and naïve thought just to expand the really fascinating debate but if told to duck pout happy to do so.

Sukari was the first major exploitation of gold in Egypt formed in politically difficult and less than stable times. A J.V for want of better terminology with basically the Egyptian Government (whatever the Ministry it was officially linked with)
It was essential that Sukari performed and contributed to the Government coffers to avoid the nay Sayers who wished to stop or bring it into a full Nationalised regime. It was therefore Absolutely ESSENTIAL that the profitable demonstration of success and contribution to the Government as Partner was imperative to the Pardeys and Raghi's Joseph et al. If a few bob could also be made then so be it. To be frank the action by Pardey and the CEY board (including the joke non execs) was not of a higher moral driver but self preservation and exit with life changing cash. Just my biew chaps and have no wish to defend it or otherwise.
Present SP is only a reflection of short term traders who always latch onto a volatile share with good swings. Balance sheet, resources, sustainability reducing AISC , proven management, good divi and prospects are all I now trust in. Geo politics is the bummer but becomes a contra play for gold price.
Great board , keep the contrarian opinions coming guys whilst remaining respectful colleagues.

Kindest regards to all

Bob

Mr Bond

How refreshing to have a truthful and acknowledging bad timing in investment decisions as at this moment in time of course. Kudos to a fellow ex trader (market maker?) still above water and in the game . I have holdings fro almost day one when it was a map on the wall. amd I must say it has been a most enjoyable rise. Traded some and expanded holdings in CEY. Used divis to buy more. What idiots evaluate is there bought SP against divi. The real return is Divi as a percentage of current SP.until they crystalise their investment by sale.
Divi is based on shares held !!!!!!!!!! not on value of SP ERGH.

My evaluation of return on Divi and the same invested in a safe minimum percentage savings scheme means I am well above water OVER 10 YEARS .. Keep posting factual and actual thoughts as I for one appreciate the input.

Failures on my part. Johnson Mathey sold at 860.
Marconi nough said
Logica
Medisys
BTG
Short in the Banks on 9/11 and came out as hated the thought of making thousands per minute on the death of thousands of poor souls . Trading at the time with Bloomberg on TV and 3 computers live with Level 2 and direct input into the book.(market maker)
Very best regrds to you and all here.
The gold is still in the ground on Sukari and the surrounding holdings
AISC declining in relation to its peers.Solar!!!! Lightweight ore body trucks
Recession in the G7 and outliers .
Fed propaganda and manipulation has a finite end
Basle3 (Political and Central Bank manipulation aside)
IMF involvement in Egyptian sequenced advancement.
Cartel adhesion in Comex inevitably fragmenting as one or two will take a short term side step against cohesive manipulation for short term gain.
But what do i know can only post my thoughts for better or worse as I personally see them. Do not under any circumstances regard this post as advice but take it as my PERSONAL thought process.

Kindest regards Bob

Best wishes and continued success to all who can trade profitably on short term
puts and calls . I thought I had the pinnacle of trading opportunities but Marconi Logica BTG Santander et al proved ne totally wrong .

I refer to my previous posts . Balance sheet, time , Resource sustainability. management. divi return percentage. geo political factors. Global (IMF0 support. Future advancement prospects. Possible M.A action.

Holding. albeit multiples below current SP as bought in when just an old map on the wall. Currently trading Raytheon Lockheed etc as a no brainer. But well wrong before.

Bob

What the hell caused that spike in POG. Outside of Comex trading period. Some leak as to Central Banks positions. The market always knows before retail investors. Interesting day tomorrow . That is unless a gap to create a shorting position to Institutional Investors to shear the retail sheep. Fascinating stuff. No Geopolitical reason I can see at this time.

No nothing Bob

Thanks Rebess, fascinating stuff and will certainly do my homework

Cheers Bob

Hi Rebess

Many thanks for your time spent in informing the board and myself re Kinesis

Your generous offer is also much appreciated. I do hold physical gold which presumably would be acceptable.

Time i think for some further research

Many thanks again

Bob

Thanks Tibbs We seem to be a bit blind as the machinations and working modus operandii which so affects the investors on this board. I did some research but after finding out that the Chicago Nercantile Exchange is the primary managing agent (in my uneducated view aka the Fed)
I have a view that there is a cartel in operation manipulated by the fed and certain key players.
Probably a little paranoiac on this but wild swings do (again in my opinion)smell of joint and coordinated action.
In that RUSSIA in 2021/2 was the worlds second largest producer of gold just behind China have the sanctions (obliquely or otherwise ) had an effect on demand and price for physical delivery due to Putins invasion of Ukraine.

Regrds

Bob

Many thanks Rebess I am very cautious of a crypto derivative after the recent debacle and cross financing deals. However Kinesis does seem to offer a realistic solution (until withdrawals exceed the backing margin) Might dip a toe in the water.

Regards Bob

Hi Tibbs

You might wish to correct me as perhaps an understanding not subsequently current but taking an ETF on gold had 2 options , purely a paper transaction but alternatively one backed by physical delivery, The ratio which I used to follow did show and had an insight into the appetite of the physical market.
and subsequent lien on the physical reality of gold transactions. May be I am in the current world totally askew.

Regard's

Bob