Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Looks like Gold is going to emerge as only accepted Currency
Rusty, with high Gold price it Is possible that POG jumps to 1.26ÂŁ
Law13 , if gold rsies 25%, If gold adds 600 more it will be 25% rise
Good thing about POG, compared to other miners, if Gold enjoys a good run $2400, POG will jump to 126p
Is physical gold price rising while spot is consolidating
Basel 3? IMO Euro can emerge as a strong and potentially replace dollar as a reserve currency in aftermaths of Basel 3 implementation. The scale at which banks will need to hold physical gold is massive
Not good at technicals, but looks like Gold has strong bull run
Yanks are waking up, some in already in trains some doing Coffee, Will Gold reverse this retreat
Gold will hit $2300, it’s Goldmansachs predicted
Bank gave consent on 25th May. And agreement says 180 days. Here is excerpt from agreement “
If a SPA is entered into ("Signing"), the release of the Guarantees (or at least the execution of legally binding agreements which provide for the termination of such), is expected to be achieved within 180 days from the later of Signing and Consent, or such later date as agreed by the parties, failing which the agreement will terminate”.
If we read the contract with stocken, it’s meant to lapse within 180 days consent from Gasprom Bank, and Gurantee is not removed by Gazprom bank AIMO. Priti Patel’s hubby looks like has a finger in financial markets
IRC is money printing machine which hopefully going to get Back next week
Imo, Decision about irc is due, 180 days going to complete tomorrow
Rusty, look at reearch@Krss, not BoE, As long as demand remains disruptive, Supply will will remain in doldrum, we may see some correction in mid 2022, and may see inflation going double digit , in this scenario rate hikes will be disruptive
Figures highers, now we know BoE made mistake not taking interest rates to negatives at least .5 basis to .75,
Still can surprise to go negative and start raising to zero by end 2022
Looks like Peel Hunt has sniffed it, it’s 126p
Low or negative interest rates seem now a permanent feature just Japan and Europe, Even hikes cannot go much high. Gold looks cheap
IRC up 15%, someone wake up the Board
IMO , agreement with Stocken has already lapsed on 25th Aug, its bit strange there is no confirmation from BOD. If Lapsed, IRC’s Macap will be reflecting on POG on LSE more than HK because IRC is associate