Member Info for ID78

Cancellation is expected 13th February - so still listed today and you can still buy and sell

Hey - do you think the Yellow launch is being held for a higher Bitcoin price and a more bullish outlook?

As Laura says Bitcoin is indeed slowly creeping up…

Sorry - which I could NOT do with H&L

I opened an II account to buy a share with I could with H&L - they then decided to that the stock could be being manipulated (ramped - as if it doesn’t happen). And blocked anyone from buying.

II - your friendly share dealing police. Preventing investors from buying has not helped the share price - I sold out.

I will be closing that account come April and staying clear of II.

if you plot the s&p in the price of gold:

back in the 70s when gold went nuts - gold initially outperformed the s&p strongly. this was the initial move that gold is making now..

a resistance line was then hit and there was a pullback for gold. the s&p then outperformed gold temporarily and put in new highs. (we are look closing in on that resistance with this bull run - so a pullback is expected).

next, after a gold pullback, the s&p rolled over, it crashed, and gold flew - none of this had happened yet.

we all know retail hasn’t yet abandoned the s&p for precious metal. yes there is some capital rotation but plenty still believe the s&p is where to put your money.

once (or if) gold has a pull back, and then once the s&p crashes that is when gold will really move. based on the 1970s action.

did brad suggest gold from pepas would likely be next year? i’d expect gold to have pulled back and then taken off again - on the main event, the big bull run - by that point.

nice timing!

there is one caveat to all that waffle - just what are governments planning with all the gold buying?…. is it just to prop up their currencies? is there something else at play and buying will not slow down? if buying doesn’t slow then will gold actually pullback? do governments need gold to back new digital currencies?? how much gold do they need for that?….. (erm spoiler - the answer is a **** load). was bitcoin a precursor to the world accepting digital currencies? i mean - how much more tax can they raise if they can eliminate cash in hand payments for services?? my barber only takes cash. same with my wife’s hairdresser….. and they guy that replaced my bathroom!

history says yes there will be a pullback but maybe something new is happening. it sure is going to be an interesting watch and all is good is for omi

Interestingly industrial demand (solar panels) is high until about $130.

Maybe silver overshoots to $144 but settles in the $120s…

Yesterday’s action happened after 2pm…. Let’s see what today brings

Boo - completely agree on the comms to market and ‘manning up’

At least we all know that if they aren’t talking to you it means you know they are in hiding.

If things are going well you will hear from them.

This is one assumption that every investor can make on GRL

Thanks porfolio power, hugely appropriated.

As you know I get info from Patrick Karim and northstar badcharts. They are only now saying we are entering a bull ERA for gold and silver despite the significant run they have been on. As usual they expect a pullback in both at some point before kicking off again - and that the big move in gold and silver is still ahead of us and to last a few years. Like I said we have only started the bull ERA.

$40,000/oz for gold to enable US digital currency. Wow. As you say what do these countries buying gold know? Or rather - what are they planning.

Lemontree all valid points and not so fanciful I fear. The biometrics checks including fingerprint prints at airports - who’s have seen that coming 20 years ago. And let’s face it, rather than reducing your bank account to zero - government can freeze all your money if they so choose…. times they are a changing and not for the best.

You did indeed Jenson, totally nailed it

And…… I can’t seem to get a quote to buy….

404x - your making me thing I don’t hold enough of this!

$0.98 to a high if $9.18 in a year.

Fantastic!

Thanks 404x - I will do that now.

As for the quit board….. I quite like it. None of the bickering and fighting you can often get.

No doubt if GAL performs well that will all change!

Slowly creeping up….

So far so good Jenson 👍

Ps - question is open to anyone else on here that’s smarter than me and wishes to contribute.

Portfolio power I kinda know of so I aimed the question at PP…

Totally agree with everything in your last post.

One thing I’m struggling with is - there is a belief by some people smarter than me that the USA, Europe, UK all could launch their own stable coin (digital currency). This leaves the debt in the old currency. The old currency slowly devalues as the new currency is adopted.

(Crypto and Bitcoin was established to allow confidence in digital currency …..)

Anyway - my question I’m struggling with. How will this impact gold and silver? If the hedge is to not hold fiat currency but gold and silver but suddenly new currencies are established.

Maybe the answer is it will take years to happen. Initially the old fiat and stable coin trade at the same level but in time the new digital currency breaks away from the old part currency and in that time this allows the gold and silver bull era to run its course…

Duno, just thinking out loud and I always appreciate your posts.

P.S. - I’m enjoying this guys commentary and posts on YouTube

https://m.youtube.com/watch?v=u5Nk71bYf6Y&t=2078s

That AISC is quite high…. but yes for once they quote average grade. Better comms.

It does seem to be the stacking that is the problem.

For me I still can’t buy back unless they sort that out but just maybe we know what is wrong. Still confused why there was next to no gold pours in the final quarter. It suggests next to no stacking in Q4?…

Wait and see how Q1 2026 goes - for all that hold I wish you all the best.

I agree on the price of gold.

If you go by TA the next fibonacci level is $5300

$5000/oz is nailed on this year, but I half expect $6000. In 2 years we will be higher than that.

Jenson - hope you’re right that they are just letting some buyers in. I’m almost tempted to add more but I think I will hold off for now. Thanks for posting.