Member Info for BushyTailed

Don't get me wrong gold price is obviously important and gold is trading at all time historic average snow for well over a year which is nice...

But gold is a hedge against inflation, so you should expect it to rise roughly inline with costs. Both the metal and average industry aiscs are up circa 50% over the last 6-7 years.

No they're a function of costs. As producer the only thing you can control are the costs.

Could job they changed their name to reflect their diversified strategy away from over reliance on a single metal then lol.

Now they don't make enough of anything

Value of a currency is primarily determined by M2 (money supply)

Rates go up and more people save taking cash out of circulation, gov shutdowns also means no spending so bit of a double dollar strength whammy atm. Gold will and silver will fly once the shutdown is averted.

Yields at post fin crash highs but due a correction soon. A hard landing is what will boost gold the most, we need those printers turned back on.

Investing in gold producers however makes the price of gold less important, the biggest investment factor for producer investors are the AISC margins, the wider the better.

Threat of sanctions rearing it's head again, as the Junta have delayed the presidential elections set for next year.

Threat of US shutdown at EOM is hurting all currencies bar the dollar.

Lack of updates getting under people's skin.

Desperately low volume.

Take your pick, this is turning into a long wait for the updates

Well done those buying sub 40p

54p and 62p short term resistance from here

*typo. Don't ignore my warnings

You should go and check in on AAZ... I've been very lucky again, don't take no my warnings about balance sheets and ta analysis

Told ya's

I mean't 5.5p Jonah... Typo

Yes 25% or the last quarter is generally considered the run up to the end of the year :-)

Don't forget who called 6.5p for EOY...It's going to a mega update RNS to buck this trend.

Looking like I'll be right again for 2 straight years. Don't forget to thank the ramp squad for fulfilling your time and wallet.

Lol

You talked a good game for a few minutes froggy, good effort and all the best son.

Lol just coincidence eh, perhaps they're all just one person????

Massive overhang, perpetual rampers and a falling share price on the back of continued heavy selling... Do you not see the coincidence?

How come not one of the serial rampers made a single post on Thursday when those mammouth sales went through???

Hmmn!!

Filter button is easier to use when you're perpetually wrong I guess.

Must be time for another buy Froggy?

This time next year Rodney

Surprised you didn't delete it lol

On gold, I'm not surprised it's held up despite the rate rises.

If we consider that gold is a hedge against inflation then it's the spread between the fed rate and actual inflation rate we need to look at. Back when rates where sub 1% inflation was circa 3-4% then with the fed rate rising from 1 to 5% whilst inflation running at nearer 10% The loss on your risk free is now greater than it was before they started raising rates.

What is supportive of gold from here is the fact that inflation is generally costs related, so as the dollar falls in value on the back of lower global trade, the cost pressures for the US climb exponentially.

Americans who have been complaining about inflation over the last 2 years haven't seen anything yet. Cheaper dollar means cheaper prices for everyone else. Would not be surprised if we see a 1.75 euro and a 2 dollar sterling come the peak of this cycle.

All time highs in gold will make trades like HUM a once in a generational opportunity.

FRES, CEY, HUM and SHG for me, which imo are also currently some of the UK's cheapest equities.

Lol At froggy he said I was a piece of work for stating a large sale was getting worked sub 7.6.

13 million more lies