Member Info for bonker99

I'm pretty sure that's your bottom in chaps.

Morning.

I picked some up at 7.2p following a tip so 9p is ok with me :)

I guess the salient point, however, is what happens to the SP after the 9p buyout ...

Tomorrow sorry.

Stop-hunt perhaps - June CPI @ 13:30 today.

Afternoon.

By my reading - assuming MKA own 100% of Songwe - then the project/mcap here should be around £140m, not £40m ...

I've taken some at 18s today on that basis.

Standard MO for inflationary recessions mate - if you're old enough to remember the 1970s - people on the bottom rung(s) of the economic ladder get slaughtered so having to work 2-3 jobs is not a surprise but it is of course completely unsustainable over the longer-term and could easily spread higher up that ladder ...

This now shifts from an economic issue to a social/political issue IMO so I can imagine many folk being unsure of what happens next.

As things stand, unless next week's CPI print comes in remarkable soft then the Fed are going to have to do 75bps again in a couple of weeks time and that's really going increase the pressure(s) that are abounding now.

Biden is claiming wow look at all the jobs but they're being worked by the same people - it's really not a good look ...

It's uncertainty like this that should keep Gold shored up - banker intraday/intraweek smash n grabs aside of course.

Whoopsee ...

Full-time workers: -152K
Part-time workers; -326K
Multiple jobholders: +239K

Fewer people working, but more people working more than one job.

Perfect target from 7p - certainly seems to be spending a long time going nowhere around 7p ...

June Payrolls 372K, Exp. 268K

Well that was unexpected ...

Dollar flying of course as it implies that perhaps 75bps is nailed on in a couple of weeks time which is good news if you're currently priced in GBP but earn Dollars ...

So far, so good :)

Maybe but it won't stay there :)

Berenberg lol

Atlanta Fed latest Q2 GDP tracker -1.9%. Still technical recession, with H1 at -1.7%

Let's see :)

Topped-up 25k @ 9.79p

Eventually Big Money gets what Big Money wants.

JUST IN - EU Parliament declares nuclear power and gas as "green" energy.

Funny old game :)

GDX is around 7% off where I think the bottom is (c25) so an interesting few weeks/months ahead for all things gold related.

OK, well that's a giant jump alright - interesting.

Where do you see that?