Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
A lot of £20,000 ISA , new tax year allowances will be looking for a home next week. Shanta is absolutely ripe.
Yes you can see there’s a big seller at a fixed level. Obviously trying to raise cash to cover loosing positions elsewhere before the Year end (April) to balance their account. Doing everyone a massive favour keeping the price down to buy at these incredibly low levels for a company about to be re-rated. I bet that seller is crying every time they press the sell button.
Other than that its an excellent place to park your cash which should double or triple quite easily.
Central banks and governments have imposed financial news reporting restrictions. Officially the banking system is fine, robust with no possibility of contagion. In reality the bond market is about to collapse. Several European banks are in trouble- Italy, Spain, Portugal, Greece ETC. Then stock markets should roll over the cliff edge with a 35% drop.
Shanta should go to 25p easily in the next few weeks
Gold’s dip back into the $ 1800’s should trigger a move up to $2,000 on the way up to $2,150 by the end of march and possibly $2,400 on frenzy buying into April and May. Hope everybody is ready for the final load up in the next couple of weeks for the ride of your life.
That’s when you get gold at $10,000. And Shanta share price at 1,500 pence (One thousand five hundred pence). Whether you buy in at 10p or 15p doesn’t really matter, you’re going to make shedloads of money!!
After that you get a Gold and Silver shortage. But hey, by that time all the big players have bought it all and then its sky rocket money.
The gold price is stubbornly refusing to drop back into the $eighteen hundreds to make way for the main bull run of 2023, up to and over $2,000. And that’s with no particular news. If any shocks come in, such as inflation taking off (no-**** Sherlock). Governments are saying inflation is going down and under control. It hasn’t even started yet and everybody knows that. Then gold could go much higher.
Back of *** packet calculation.
Pay rises are interesting- if, increasing benefits to the none working part of the population by 10% is the UK Government’s bendmark for keeping up with prices. You have to increase wages by about 19% to receive 10% after tax (For the working Population). After that you’re looking at $2,500 gold. Rinse and repeat and you get nearer $3,000 gold.
Any fancy stuff like the Global Reset, world financial meltdown and bad stuff like the Ukraine war expanding into Europe gold goes a lot higher.
The share price is about to start rising. Big time!!
Gold to rise as the US Dollar rolls over and capitulates. Should start tomorrow.
That was supposed to be Thumbs up emoji. But comes out as ??
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For a great ringside seat split your screen, go on to US dollar index chart-dxy quotes Trading View, press the 1day chart, on the other half of your screen, gold price bullionVault and press the 1 day or 10 minute chart.
Interesting to see the fight between the US Dollar and the only real currency in town (Gold). The only thing that matters to the FED is inflation, and how much they have to crush the economy to get it under control, as they say “ it will all end in tears” and gold is the only comfort blanket left. Plus you have the technical aspect on gold’s side- the time of year, the 300 day wave rise coming into play, ETC, ETC.
I’ve just freed up a load of money to start buying in here. Maybe i should hold off if people are still selling.
I think the share price should rocket. ECO has started to tick up. Eco Atlantic’s drill data will be starting to come through on the drill ship and support vessels, shore crews and the companies involved and there isn’t any selling. Just steady low level background buying.
I never pressed the buy button for IOG this afternoon. But did buy delt. Will try for IOG tomorrow.
Just managed to buy more after and hour of trying.
I can’t buy any IOG shares.
I see the share price graph is getting less steep as it forms a natural bottom. Should be interesting.