Member Info for jammin86

Yeah, if I made many claims about many shares I'd almost certainly get some of them correct. Lol. Broken clocks are right twice a day and all that.

We all have eyes mate. You defended your negative stance repeatedly, called out HarChris for being a ramper etc.

Yes it was me who asked about investor psychology and TA. But this really proves the point around TA, doesn't it? It only works some of the time!

Why are you denying the fact you claimed this would fall 5p? I'd have a lot more respect for you if you could admit you were wrong rather than trying to change the past

The man publicly claimed this would fall 5p and instead it's gone up 5p.

There's no hiding from that. "Not a forecast" my ass

Yes, the cash we invest is still retained value. But it's not cash anymore, and FCF means FREE CASH FLOW. If you need to spend that cash on capex it isn't free.

Hold your nerve. As Jesse Livermore famously said, it's sitting in the market that made him rich

Gold is already tokenised... There's a derivatives market. Or is that not what you meant? How do you ensure a one to one mapping from the physical thing to the token, to prevent there being a lot more paper gold than actual gold?

Gold doesn't have an infinite supply either though, and despite a very large monetary premium the stock to flow ratio has been remarkably stable over a long period of time.

If gold doubled tomorrow it might take several years for supply to increase - time taken to find gold, develop mines etc. Add in the fact that the easiest gold has already been mined, and you do have a pretty finite annual supply of new gold

Zoom out a little. Share is up over 300% in a year

In my opinion all the things you mention are only indirectly relevant... Central Bank response to any of these risks is easy money, which is what drives gold price.

It's not the geopolitical risk itself, but govt/central bank response, that drives gold higher

HarChris called this to perfection. Bravo.

"Yeah sex is good, but have you ever been right all along?"

Gold above 3000 and this is flat over 6 months. I am filling my boots at this level, thank you to all disgruntled ex Condor shareholders for suppressing the price a little longer!

Agreed, I think it'll Bob around between 2950/3000

Has tightened considerably

Hope you're right. Been following this board for a while and bought in yesterday. Good timing it seems. Bounced off support

What? You'd rather have shares than cash, but you're not using that cash to buy shares before the deal price? That makes no sense

Agreed, once the overhang is cleared and they're replaced with shareholders who are less disgruntled, we can resume the up trend. I'm using it as an opportunity to increase my holdings

What I recognise is someone using the word "pseudo" twice in quick succession in some attempt to make himself seem (pseudo) intellectual. Lol

The reason is incredibly simple: there are still people who don't believe gold will hold at these levels, and the sector still isn't popular. Many ppl want to see the results before they invest, which is precisely why the rest of us stand to benefit by getting in early. Waiting until the huge FCF appears will just mean missing the boat. You want to be correct BEFORE the market agrees with you, not after

Thanks for posting the link!

Pseudo-babble? You mean babble. Oh the irony in your post, using the word pseudo multiple times to make yourself appear smart. Lmao

Are we concerned about a buyout like what happened at SHANTA, where PIs are screwed just as we're on the cusp of wife-changing gains?