We would love to hear your thoughts about our site and services, please take our survey here.
Actually Cowichan I do my self I found on my game room a large jigsaw and I was looking forward to get it done when I am older. Now I am back to Canada and in isolation for 14 days.
I hope all in good shape and All keeping safe.
One day I hope soon we will laugh at this time we are going through.
Many of Canadian/US miners are close so many in other country and gold should be going up soon.
GLTA,
Dan
I am not sure what the differences between every day ups/downs of market!
It seems to me that the C. Virus was gone yesterday, and was back again today!
If that say any thing so it say the manipulation of the market Mafia playing games and this C. Virus is best chance for them to collect all shares from banking small to medium private investors.
I hope that many in here understand that this circumstances is a temp. and all will be gone and back to normal in a few weeks or months. It may be the stock market affected by production and closing business will take some times to recover.
I am still holding and adding to my gold portfolio it is my chance.
GLTA,
Dan
The most countries included mine is closing boarders with all other countries only for the citizens of that country allow to go back, I been asking for that almost a month ago, and finally done.
We all have to pay a bit of our freedom in our life to safe the world.
GLTA,
Dan
You sound very keen on your analysis, you should sell all your holding as it is not worth it for the Divi then.....
For me I am adding more as I believe centamin will be producing more than 1M ounces/ year after adding the new concession and building the 2nd mine. There is much of potential for this miner than any other with their experience in Egypt. Also the west African projects we will hear sooner about it after that spy president of END left.
GLTA,
Dan
It could be sooner as of 2nd quarter gold will mount to over $1700
https://www.zerohedge.com/commodities/price-physical-gold-decouples-paper-gold
GLTA,
Dan
Here is why, while physical gold shortage selling paper gold to recover part of market losses.
https://www.bullionstar.com/blogs/bullionstar/gold-shortages-price-of-physical-gold-decouples-from-paper-gold/
GLTA,
Dan
Kitco News Share this article:
WASHINGTON (Reuters) - The U.S. Federal Reserve cut interest rates for the second time in less than two weeks on Sunday in another emergency move to help shore up the U.S. economy amid the rapidly escalating global coronavirus pandemic.
In a statement, the central bank said it was cutting rates by to a target range of 0% to 0.25%.
“The effects of the coronavirus will weigh on economic activity in the near term and pose risks to the economic outlook. In light of these developments, the Committee decided to lower the target range,” the Fed said in a statement.
“The Committee expects to maintain this target range until it is confident that the economy has weathered recent events and is on track to achieve its maximum employment and price stability goals,” the Fed said.
https://www.kitco.com/news/2020-03-15/Fed-cuts-interest-rates-to-near-zero-coordinates-with-other-central-banks-to-combat-coronavirus.html
GLTA,
Dan
Hi Cowichan, the pic as I believe it shows El-Raghy, am'i right? If yes, that will be really good as Centamin participates for this Gov. activities.
Note: I believe $5000 -80% will be $1000/KM I see it it is very high for the stage of exploration as 160Km about $160K? Correct me if I am wrong...
Thanks
Dan,
Sure, they will regret it, and now they start negative words to buy back.
Obviously gold will go up with virus or no virus, it is all manipulation. The virus can be cured if the person reported in early stage but some try to hide and that what makes it worse, ignorance is the key for the deadly virus as any virus.
GLTA,
Dan
From CNBC expected cut rate by .50 bases points by 11:00 AM Estern.
https://www.cnbc.com/2020/03/03/fed-cuts-rates-by-half-a-percentage-point-to-combat-coronavirus-slowdown.html
GLTA,
Dan
It is all about manipulation, as last 2 weeks most banks came with Gold predictions over $1700, RBC, BMO, Goldman sucks, Bank of America and many S. Bags they are all know and have the scenario planned for this week.
It was no reason for Gold to go over $1550 last couple of weeks but they manipulated and sold high and now they will switch back. How do explain the billions of profits they make every year.......? They overdone to this time... Scammers
It will be a big mistake selling now, but who ever sold as lucky some should be add now.
GLTA,
Dan
Cowichan, based to my understanding and hearing from some sources like the man on the train, I will not even think of selling until July. After that I will see if to keep or sell. Egyptian investors already buying CEY like a hot cack, knowing the plans coming of Centamin. The only ones are selling now are the penny collectors (day traders).
GLTA,
Dan
Thanks again Siko, and here is the magic word "The approval is pending completion by the authorities", I am sure the authority they done their snake normal way of talking making it OK to investors but in their mind something else and no decision can be taken.
It sound like Egyptian authorities are ignorant and need to go back to schools to learn how to deal with business people although what the advance economy was achieved in Egypt but nothing by the ministries or authorities but all was achieved by the Egyptian army by forcing the technology in building the country as most ministries & authorities just watching and sleeping in their bedrooms having fun.
God help their president that he works with some lazy igno-----.
GLTA,
Dan
"Farouk" emphasized that there are a large number of foreign mining companies that applied for licenses to work in Egypt, but the authority asked to enter the next bid because it is a great opportunity for companies to work in Egypt as they are promising areas for mining wealth.
The what called authority "Farouk" is lier, because there is no final approval of the new law, still waiting to be signed. All what comes from those news are fake news and Atone will never release a fake news.
Also. too many wrong news coming from Egyptian media.
We need to have the news from Aton and not from fake media.
GLTA,
Dan
Hi Rokeman,
https://www.proactiveinvestors.co.uk/companies/news/912685/eurasia-mining-shares-suspended-as-it-clarifies-relationship-with-citic-912685.html
GLTA,
Dan
Once the crocks of Goldman-Sacks mentioned Centamin I did expected they will take it down. Whenever they mention and company they take it down.
https://www.sharesmagazine.co.uk/news/market/6774391/Broker-Forecast-Goldman-Sachs-issues-a-broker-note-on-Centamin-PLC
But the fundamentals is much supporting Centamin.
GLTA,
Dan