Member Info for bonker99

Twitter full of Yanks recognising that they're aiming for genuine hyperinflation and the impact that will have on Gold.

BTW - if you were wondering why I sold all my bullion when I'm suggesting a typical +80% move for Gold to c$7k.

A nice win if you can get it but riddle me this - at $7k, what's the percentage gain likely to be in ARV at this price?

It simply has to be 500%+, even without an IOCG hit at Cassowary.

Christ almighty, they're really going for it - $7k gold in 2026 ...

HASSETT: TRUMP WEIGHS OBAMACARE ALTERNATIVES: DIRECT CASH TO AMERICANS FOR PRIVATE INSURANCE

@ID78 - As some will already know, I maxed out 3x credit cards for tens of thousands of pounds a few years ago at 0% interest for 18-24 months and put it all in bullion Gold/Silver. I'd cleared the balances before the interest-free period was up and my bullion more than doubled in value.

It's not rocket science what people need to do but I did start flipping my Gold back when FRES nipped under a fiver and started buying that waiting for the (inevitable to my eyes) delayed boom. That was another 4-5x of the already doubled original money.

I've had an incredible year (along with MKA) but my Spideysense tells me that it will likely all be dwarfed by loading up on the right Gold junior(s), especially if they already have resource to mitigate risk and very large exploration tenements and, perhaps, a ready-made Copper processing plant that the likes of GGP may off multiples of our current mcap for to boot :)

Must..have..inflation..

You know what to do - bet the bank on hard assets.

Interesting discussion on mortgages and currency depreciation on Twitter - here's the graphic I put together a couple of years back demonstrating profitability of investing in housing vs gold during the 1970s manufactured inflation decade:

https://x.com/bonker99/status/1987469691086852362?s=20

That was a 20x for Gold - only another 5x to go this time around then ...

It's the tone - regular people don't talk like that and, shock, horror may even proffer to withdraw their remarks against me but none of it - that's not how pros operate on these boards. I think we all know from hard-won experience who the big sellers really are and/or who represents them on here ...

Such is the level of dishonour amongst you lot I'll be moving from investor to trade-only here unless I see something from the company to make me think otherwise and I'd recommend the same to most of the silent majority - there's very obviously something off here and maybe it'll take 6-12 months to see what that is.

"Gold's multi-decade breakout in February 2024 was a seismic shift. We're in the early stages of a historic multi-decade bull run—expect corrections and lengthy consolidations along the way.I firmly believe GOLD is on track for the most explosive and powerful bull market in history."

https://x.com/great_martis/status/1987312369350156382?s=20

Serious Copper shortage for the years ahead ...

https://x.com/ekwufinance/status/1985754103201386715?s=20

Anyone taking "reassurance" from people with clearly vested interest on bulletin boards like this rather than official channels like an RNS from the company themselves deserves everything they get - talk about position posting ...

A bunch of you have accused me of actions I've not taken but you care not a jot that you're dead wrong - my last buys prior to me being mauled on here were at 65/70p on P&D day and I can prove it - it's your subsequent behaviour that made me dump twice my normal trading pot as there was obviously something off, -20p later and it appears I was correct.

You guys need to realise that the very large majority of PIs interested and invested in Mkango never post on here but they take in everything that's said on here and by who and for what, apparent, reason - if you think your behaviour hasn't wobbled many then think again because I get the DMs elsewhere about it.

12 over par today BTW - a new record for moi - thank God for karma eh?

4p to 84p and no pros on this retail board?

@esduk

You're in/terested in SVML as well as me. Any honest broker would see that I only mentioned Malawi after someone posted the link on that board as I was oblivious to the fact.

The reaction to me having the temerity to mention it on here with the clear aim of giving people the heads-up as Sprott are/we're selling down SVML precisely because of Malawi spoke volumes and not just to me.

4p to 84p and pros on this retail board?

Lord help us ...

I'm a faithful and always have been and the silent majority agree, hence the dozen recs on my post.

The rest of you?

Not so much.

Right, it's tee time.

That's the problem right there - you're dead wrong guys, dead wrong.

I couldn't GAF about any ad hominem nonsense on here of all places really but what concerned me was the tone and ferocity that, in my 15 years of experience, tells me sell-side pros are trying to dump £Large and didn't appreciate me mentioning something that could maybe materially impact the company.

Something which, by your very own admission(s) you said you'd known about for days and not told anybody while the big boys were clearly already selling down before I said anything!

That was around 60p - look where we are now and you still think I'm the one to blame, you couldn't make it up :)

The usual emotionally immature/market incompetent stuff from hapless PIs and vile, totally made-up BS from the pros - it was ever thus :)

Kinda agree about the lack of PR etc - arguably Mkango could/should be a household name by Q1 but I doubt they will be and I know others are eyeing Cotec in a more favourable light re management/PR/investment etc - being the last company to put out a "no problem" statement re Malawi was not a good look in the eyes of people with millions of Pounds in here so don't be surprised if the confidence of some HNW individuals was knocked by that.

All that said, give it a couple of weeks time and my Spideysense tells me all this stuff will be long forgotten - the SPAC (and more ...) could drop at any moment ...

Chartwise - perfect position here - 120p/190p targets IMO.

Last orders then chaps.

Ha.

"I suspect the next ploy of the government will be to raise the gold price to $15,000 or $20,000 an ounce, much as Roosevelt did in 1934, or Nixon in 1971."

https://x.com/RealDougCasey/status/1986780118618956062

It's worth more than this based on the PFS NPV - should double easily on the DFS.

Copper added to the USA list of critical minerals yesterday BTW.

I took part at 3.7p today.

Surely the incredibly long wait is over here?

https://x.com/bonker99/status/1986798372620038405

3x from here IMO:

https://x.com/bonker99/status/1986791669107142848