Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
Hi Mr Bond and Spoonington. I have outlying thoughts regarding the US and their world endeavours. These are probably quite different to your own but how they are used on a global scale is something else.
1st Quantum computing. Leaders in the field and already in use by the military .
2nd The link of quantum computing with the Star Wars program . Does anybody believe the US did not continue its programme. The shuttle programme has numerous missions classified and I would be loathe to bet that wasn't an extension of its star wars programme. It will probably end the nuclear threat as any missile launch would only get a few yards out of the silo or sub before being neutralised. For good or bad I personally dont care as far too old although have a care for my children and grand children No doubt many here use a VPN to disguise their location ( I for one )but as I am led to believe with quantum tracing that is totally visible due to the speed it can travel down the connection to the source.
Hope you had a good Xmas and a happy New Year as you provide alternative views to this board which has always been a broad church.
Kindest regrds
Bob
Hi Gnome
The basic facts are quite simple to me .On the 24th February Putin sent 100.000 troops and a 40 mile military convoy into a neighbouring sovereign Country. That fact can not be excused away and the whole world (apart from a very very few) has the same view.
Agree lets all have our own views and stick to events around Centamin
Regrds
Bob
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Hi Spoonington
One very very big difference. if the Yanks dont like him or others in the field they can vote anyone in they think will be best for them. If the ordinary Russian people tried the same . prison or worse faces them from the Putin FSB Gestapo. Biden for better or worse hasn't invaded Canada. Mexico. Democracy is not the be all and end all I admit but is of supreme comfort to me that I can vote against whoever I do not feel is or will do a good job for my Country However I wish you well in whatever Country or jurisdiction you live in and support I hope at some stage a peace can be enjoyed by all.
Regards
Bob
Hi mizolgit
Fascism definition from Oxford dictionary
:Fascism) an extreme right-wing political system or attitude that is in favour of strong central government, aggressively promoting your own country or race above others, and that does not allow any opposition
Sanctions came AFTER a 40 mile Russian military column invaded Ukraine in February with the intent to wipe out both Ukraine as a Country and subjugate its citizens into the Russian Race.
Get real
Bob
HI Mr Bond
Do you feel the cracks are beginning to show. As I have posted here before Comex is run by the Chicago Mercantile exchange which in my opinion
(supported by more knowledgeable others than I) is a puppet of the Fed hence vagaries in price between physical gold and Comex paper.
I for one would like to know the level of physical held by Banks since I believe it was allowed to be classified as a Tier 1 asset class. Perhaps the more able members here could help my understanding of this. Is it a double edged sword as it would seem Central Banks have a vested interest in keeping gold price at moderate levels. Am I completely up a gum tree on this. Probably but happy to be educated by others .
Good to see Tibbles back although I think Corvid and that fascist megalomaniac Putin has a lot to do ,(if not most) for the current woes in the world economies which no form of Government can escape from.
Seasons greetings
Bob
I see a close at 112 30 very encouraging as expected a drop to just above 110 Equally gold holding well although a few hours to go on that one.
A healthy and prosperous wishes for 2023 to you all
Regards
Bob
I will be looking at the percentage drop in price at close today as will give an indicator as to confidence index in CEY . There will inevitably be a drop as investors may wish to be in cash over the closed market over the festive season. If drop small then that will indicate confidence to stay long .
Of interest only to me as in for the long haul here unlike in other holdings as this could spike exponentially with solid news in the offing.
Bob
Hi Razor
Possibly the best advice I could give here to investors wishing to expand or add to their knowledge in the stock market would be to apply for level 2 access to the Market Book for a short time as it is in real time and you will have to pay for it This reveals that the buy and sell side of the book price for a share can widely range fr0m the headline price as shown on this board. Looking at the shares in CEY already traded as available on this board at the RH side there is an annotation as to what type of trade it is. You will be suprised as to the number of forms a share trade can be if you google info on that,
Sorry to be boring everybody but I cannot hope to be as well informed on CEY and gold mining et al as the professional contribution of many other here
Seasons Greetings
Bob
Hi Razor
Possibly the best advice I could give here to investors wishing to expand or add to their knowledge in the stock market would be to apply for level 2 access to the Market Book for a short time as it is in real time and you will have to pay for it This reveals that the buy and sell side of the book price for a share can widely range fr0m the headline price as shown on this board. Looking at the shares in CEY already traded as available on this board at the RH side there is an annotation as to what type of trade it is. You will be suprised as to the number of forms a share trade can be if you google info on that,
Sorry to be boring everybody but I cannot hope to be as well informed on CEY and gold mining et al as the professional contribution of many other here
Seasons Greetings
Bob
Hi Razor. you have to be careful on buy and sell volumes. If a trade is struck to sell at or below NMV . normal market volume at say 112 and the buy offer at the time is 112.5 then the trade has to be entered within a 5 minute window. If however the book price in that time drops below the 112 level then it will show as an entry in the buy column. It gets even more complicated with large commercial trades as they do not have to be declared until after the close and even at some later date to ensure stability in the market. Again if the share price drops or rises then the entry can show as a sell when a buy and vice versa. This can distort the volume of buy and sell s and as has been noted on here a few times buy volume declared exceed the sells but the share price has dropped.
I do follow total buy and sell volumes as a market indicator but as I no longer day trade of purely interest only as LTH in Centamin and a few other pet shares.
I am sure experienced others on this board will correct or add to my hazy memory of many years ago
Seasons greetings to you and all here
Bob
Hi Steve. Very well said and almost exactly mirrors my own life experiences. I wasn't born with a spoon in my mouth .very far from it being born in a single bed flat above a sweet shop and the first 6 years of my life in a council house.
Both my children were bought up with a work ethic and aspiration and are now very successful in their own right. A little story but my daughter thought (and her friends) that we were awful parents demanding 20 percent from her wages for living costs with us her parents. However we banked every penny and revealed that when she set up house with her partner gave her 20.000 pounds towards their new home. Parents from heaven not hell.
Regarding housing . NHS. G.P. surgeries etc etc. If any body is interested look up population increase in this country since 1998. To avoid bias get the figures from the E.U figures which were monitored for budget contribution by them and not from UK figures . An increase of 6.5 million population since that date. Have we funded our infra structure to cope . No no no . I live in an area where it seems every field has development on it . I have no problem with that except a massive percentage is 3 or 4 bed detached properties with a starting figure of 4 or 500.000. Where can starters on the ladder going to get a start?
However getting back to CEY absolutely delighted with the smooth increase in SP. Bodes very well for the future progress as support structures in the share price to my mind is most encouraging.
Happy festive season to all on this elucid and concise forum.
Bob
Hi Steve.
As you with FED knowledge will know (but few on here will)Comex is operated by the Chicago Mercantile Exchange Board. Digging deeper will reveal that the FED has close if not total collapsed Chinese Wall relations with the board. However what fascinates me is the extent which the FED can influence and support the losses required to continually depress Comex to what it considers is enabling a support of the dollar. I believe that many I NSTITUTIONAL investors see the cracks appearing (viz the Powell reaction today ) and will trade on what they believe the FED;S ability to keep Comex price subdued.
I believe (as the Chinese say) we live in intersting times.
All conjecture on my part just to add a bit to this great board. Good to see Rebess adding a bit as well.
Kindest regards to all. Guess who got suckered into selling 5000 at 85.5 recently Yep Moi
Bob
Hi again Siko
Link here with Q&A on Egypt's conditions relevant to IMF involvement
I am sure you will be more conversant with this than I but the question is whether the Egyptian "old guard " has total disregard for a destabilising of its values which are at prejudice with IMF Western standards. Not good prospect for the ordinary Egyptian populace who need a change to improving their lives
Is it too much to ask Egypt at this stage of their development. Eastern Countries have crossed this rubicon . can Egypt similarly respond . I very sincerely hope so as they are a wonderful people from my albeit pampered visits.
Bob
Hi Siko
To follow up on my previous post I attach a relevant article from the IMF agreement which as I understand it was to cut through the red tape in respect to SOE (which of course would encompass CEY as a joint venture of sorts)
Was the program successful in addressing some of the structural reforms that were proposed?
Structural reforms undertaken during the Stand-By Arrangement included measures to strengthen public finances, further fiscal transparency and governance, and advance laws to improve the business climate. This included the publication of an updated State-Owned Enterprises (SOE) report to include detailed financial information for FY2018/19 on all SOEs and Economic Authorities, to enhance transparency of Egypt’s large SOE sector. The authorities’ structural reform agenda also focuses on developing a greener and more sustainable economy by ramping up green investments and integrating environmental considerations into government policies.
Hi Siko
Good to hear from you again.
I presume that the IMF are fully cognisant of this variation in contractual commercial obligation . I believe there input and support was on the basis of fair and equitable commercial contractual trading conditions applying.
regards
Bob
Nothing out of the ordinary, Leaked RNS early to the insiders creating the rumour hence SP rise and a sell on the fact.
Topping up with this opportunity. News and very possible better future news stream on FACTS make holding an easy decision for me. . however been wrong on too many occasions to mention. DYOR
Bob
Thanks goldgnome, very grateful for the time you have spent in your professional explanation of this aspect of the mining industry. Very good to have your insight and input to this board. I am sure others here will feel likewise.
Regrds
Bob
Hi goldgnome
Many thanks for your concise and insightful explanation . I visited a hard rock mine in Germany defunct zinc with 7 levels but bottom 3 flooded. It was explained that miners died due to inverted rock formation which dropped from the roof without warning. I may be wrong but does cave blocking avoid this but on a much larger scale. Keep posting these educational posts for those interested .
Regards
Bob
Hi Don,
Held Newcrest through many ups and downs and came out in 2018.2019 above water.
The AISC figures currently are rather alarming and as you say copper has held them up although declining now from its peak. One aspect which I find of interest is their exploitation of block caving . which they claim is exclusive to them . Can you offer an insight on this.
Regards
Bob