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More to come, Trump retaliate
https://finance.yahoo.com/news/trump-slaps-retaliatory-tariffs-on-chinese-goods-210533036.html
https://www.kitco.com/news/2019-07-26/War-on-Iran-Kiss-the-Global-Economy-Goodbye.html
Gold to reach $1450 then numb to $2000
If war took place against Iran will be a global Hal disaster
GLTA,
Dan
Dear friends, I am always reading your posts and very respectful to many of you. Since the day trade is done I would like to give my production estimate; I would say between 120K and 125K if not a bit more.
Wish all of us a good luck,
Dan
https://ca.finance.yahoo.com/news/fed-easing-bets-firm-jerome-123616567.html
Powell to Congress:"Uncertainties" continue to weigh on the economy.
That is why the gold is going up, Also TD Bank expected that Gold will be $1500 for 2019.
GLTA,
Dan
Ok,here is where you can find some info (It could be true or your thoughts)
https://www.usdebtclock.org/gold-demand-by-country.html
The site has some useful info by browsing the bottom menu.
GLTA,
Dan
You may know that already and not only gold but most of the stocks as well.
https://www.cnbc.com/2018/11/06/ex-jp-morgan-trader-pleads-guilty-to-manipulating-metals-markets.html
GLTA,
Dan
I agree you mrtibbles, we used to have answer to any call and email; that when CEY was a world class. Also 2 weeks before the price collapse Mr El Raghy claimed in March 2018 560.000oz for 2018/19 and same month announced the bad news. They been very bad management just after Josef sold and left. Even after he is back we don't see any change. I still believe CEY is a strong company but the politics in/out of this company takes a huge rule in their operations. I hope they get back on track as they were before. I lost big time with this company so far, I hope just to get even one day and get rid of CEY forever.
GLTA,
Dan
https://www.kitco.com/news/2019-01-30/Gold-Is-Going-To-1-500-Says-Jim-Cramer.html
Jim said, As gold prices wrapped up another great session and hit fresh eight-month highs, Mad Money’s Jim Cramer said that he is a gold “believer.”
We are big gold believers here. Now gold is at $1,300, we think gold is going to $1,400-$1,500. We suggest that everybody have a little bit of gold in their portfolio,” Cramer said on Wednesday.
Gita,
Dan
https://www.bloomberg.com/news/articles/2019-01-29/foreigners-gobble-up-100-of-egypt-s-five-year-local-debt
Foreigners Are Back to Gobble Up Egypt’s Local-Currency Debt
I hope that will gain some trust in the Egyptian economy and their offers to foreigner investments.
GLTA,
Dan
I do agree with your words goldgnome, the issues that tales CEY is the court case that was shelved without a concrete solution. In fact (IMHO) is the Egyptian government are between 2 parties and can't solve it easily, (Investors and the Egyptian ignorance of foreign minor investments. Unfortunately when I hear even some media shows as they are suppose to be educated they talk about mining saying why foreigner companies come here and steal our gold and this is the major mentality of ignorant Egyptians. While Egyptians people themselves steal and sell their incident treasures discreetly / privately to foreign countries.
It is about time the Government of EGYPT to resolve those court cases ASAP and copy the rest of the world system. We need a huge luck with the stony age of the Egyptian government mentalities.
Any gold mining produce over 450K ounces they are over US$5 especially CEY has a long term production for years.
GLTA,
Dan