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On cue gold gets knocked down again at
least it seems to be consolidating at a
higher low
golds on another charge ,apparently a shrewd
forecaster martin Armstrong (socrates) is saying
there will be a big rerate in gold soon, tempted to pay
(subscribe)to see what he is saying ,but he might
just be repeating what bonkers saying
"Italian construction output YOY Aug."
actual 14.2% forecast 12.5%
Italian construction output
actual 1.5% forecast 4.5%
definite pattern emerging
https://www.zerohedge.com/markets/atlanta-fed-says-us-economy-suddenly-verge-contraction
Events seem to be shaping up to
benefit gold, time will tell
stressed friendship and offered support
on security, the whole of western Europe
is getting behind Mali now, they wont
let Russia destabilise the country
with Wagner
https://afrikinfos-mali.com/2021/10/18/situation-securitaire-du-mali-le-ministre-sadio-camara-rencontre-lambassadeur-dallemagne/
the French military tweeted they killed 5 terrorists
in Mali yesterday
https://www.longwarjournal.org/archives/2021/10/al-qaeda-field-commander-reported-killed-in-mali.php
US building permits MOM sept
actual -7.7% forecast -1.8%
EU construction output YOY august
actual -1.6% forecast +2.5%
Things definitely slowing around the
world china, US and Europe hard to
see them tightening, good for gold
Gold bounced nicely overnight and looks
to be consolidating at a higher low, more
interestingly it was reported china dumped
another $21 billion of us treasuries in august
another piece of the puzzle?
Basel 3 and the closing of the gold window?
Netherlands to send Hercules Plane
and 90 troops to Mali
https://www.government.nl/latest/news/2021/10/15/government-to-deploy-c-130-transport-aircraft-in-mali
Lithuania send aircraft and personnel to
Mali
https://www.delfi.lt/en/politics/lithuania-to-send-military-transport-plane-to-french-led-mali-mission.d?id=88454207
Then negative, oh well.
industrial production Sept
-1.35 against forecast of 0.3%
manufacturing production sept
-0.7% against forecast of 0.4%
hard to see them going full throttle
tightening against a rapidly slowing
economy.
On cue gold went positive.
The municipalities of Bankass and Dimbal
sign a peace agreement
https://afrikinfos-mali.com/2021/10/14/communes-de-bankass-et-dimbal-dogon-et-peulh-signent-un-accord-de-paix/
The Mali government announced it will
reintegrate 13000 ex combatants by the
end of the year and an additional
13000 within the next two to three years
https://www.aa.com.tr/en/africa/un-welcomes-renewed-commitment-to-mali-peace-deal/2390468
Please note. Yanfolila is in a peaceful
part of the country.
The kourousa RNS was a unexpected
bonus for me, almost out of the blue.
I was hoping for an uplift in the share
price from the Q3 operationals and
further drilling results from sanioumale
east.
As far as the upcoming Q3 operationals,
although the AISC for Q2 was $1386, within
that was a month on month improvement,
so the June ASIC would of been less, hoping
for a Q3 ASIC figure of around $1275 to give
clear $500 ave profit per once of gold.
The sanioumale east deposit is not factored
in the share price and I share hummingbirds
excitement,it could turn out to be a material
high grade deposit in its own right and is
definitely a joker in the pack.
Given the right news in the coming weeks
I am hoping for another uplift in the share
price.
As a new investor(late Aug)pleased enough
with my investment went from a £20k loss
at one point to a current £22k profit
hopefully more to come.
https://www.youtube.com/watch?v=0cbafHgqtZ0
I think this is what bonker99 is going on about
all new to me but very interesting viewing.
an exciting few months ahead hopefully!
gold is flying intially
https://twitter.com/HUM_gold/status/1446415069072474115
This is the sixth tweet about community
engagement in quick succession which I think
is a record, I just have a feeling that
good news is coming and silence is golden.