Member Info for bonker99

US NONFARM PAYROLLS ACTUAL 210K (FORECAST 550K, PREVIOUS 531K)

Morning.

It would - we don't much need uplift in the Gold price to blow away concerns about AISC etc although AISC are bound to rise for every energy intensive company out there of course.

I still think mid $2ks is reasonable for 12 months time but if the 1970s is anything to go by then you can't rule out $10k by the end of the decade either.

Come on Gold ...

Look at these numbers - Jesus wept ...

https://twitter.com/StewartButton/status/1466360974609375238?s=20

EU Producer Price Index (October)

- Year on year +21.9% vs 19.0% expected, the highest reading ever

- Month on month 5.4% vs 3.8% expected, record high

Evening.

The - possible - problem with Silver is if (when IMO) the industrial downturn narrative kicks in, it'll very likely be hurt in the same way Copper will. It was that thinking that made me rebalance a touch out of HOC (thanks God!)/FRES and put more into pure goldies, including HUM, although I do still of course have my money spread around fairly widely.

Looking forward to another US jobs release on Friday and CPI next Friday - time flies huh - soon be 2022 :)

Yanfolila is their cashcow as well as ours remember and we've just added a couple or three years to the LoM so, yes, they're motivated.

*shrug* :)

Size isn't everything :)

What next then?

Tidal wave in Mali followed by 50p T/O offer for Xmas?

The comedy at HUM continues ;)

Define rollercoaster ;)

Insert LOL here.

I sense the emotion but this is how you lose, unless you're just plain wrong.

If you don't like it and/or think you may be plain wrong then sell up, it's not worth emotional turmoil.

I have years of time and barrels of dry powder left to do with as I please regarding inflation/Gold/miners so I'm still very chilled and realistic about timescales for whatever comes next.

If and when some meaningful bad news drops here I may reconsider but everything I've heard so far to the plus side has been right on the money in terms of fitting in with my overall perspective here.

With big plays like this (Gold/HUM) you have to expect the "market" to try and prove you wrong and break you - it is what it is - we're not supposed to win after all.

I can stop posting for a few months if you like to try and make it look like I've given up, that may help but I'm still a buyer here so I'm quite content to keep talking bullish so they can keep trying to make me look wrong so I get to buy lower :)

Actually a 20x ;)

Well we're taking about a thousand years of history into account mate, only stocks with divis have beat it over the last century.

Sure, go ahead and start with 1980, glossing over the decade long 10x bagging run it did during the inflationary 1970s ;)

Huge pivot now at $1,765 - $1,770 or so - go the right way and there's defo a path to $1,900s on offer.

Just seen that on day one of the Ghislaine Maxwell trial that the:

CEO of Twitter

CFO of CNBC

CFO of Walmart

CFO of Goldman Sachs

have all resigned.

I haven't checked any of the above but it's obviously getting "weird" out there - Epstein's pilot just named Bill Clinton, Donald Trump, Prince Andrew, Kevin Spacey, and others in court.

It's going to be like this for a quite a while so get used to it IMO - it's a ****show out there and everyone knows it but the endgame looks inevitable and the jawboning from The Fed will of course carry on.

Again, give it six months after the Q1/Q2 discretionary spend trainwreck pulls into town post Xmas - it's terrible already apparently, Black Friday/Cyber Monday both bombed badly and that train is just pulling out of the station now.

Me too :)

POWELL: RISK OF HIGHER INFLATION HAS INCREASED

Ya gorra lol - I don't know who these clowns think they're fooling

I've been China'd :/