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Will try and find them. One was the Dutch govt who have already banned private ownership of gold in pension schemes , the other was limiting gold purchase in some central euro countries to 15000euros, will look tonight. My comments were more that this is the start rather than govts confiscating gold now.
sounds like you have sat down and thought about it a bit more. Certainly tough at the mo, but no way the politicians are going to sort the mess out. More like when things start to completely fall apart they will ban tthe private ownership of gold and confiscate it for next to nothing, this has already started to happen in Holland,Austia and Germany to some extent. Sure you will be well out by then.GLA
http://www.edisoninvestmentresearch.co.uk/researchreports/AlliedGold300911outlook.pdf
Sorry tp hear you so downbeat. I can only add to the comments below, dont commit more than you are comfortable with and remember why tou invested in ALD to start with. As BigLoss says there has been no negative news and we are expecting big increases in production in the near/mid term and am sure no-one is invested here that doesnt think gold will rise again. gla
certainly put the curse on this one sorry all
and beyond it is then, gl
haha beat ya, just past break even :-), but only just. Have a good weekend
Oilbarrel@news.t1ps.com . hope it comes out ok
hopefully, fingers, legs and eyes crossed lol
at break even lol
that must have cheered us major shareholders up lol :-)
I think the problem is that there are only 3 shareholders of ALD. Us.But DFG is right patience is key, gold price keeps rising, govts dont deal with the issues, looking fwd to a good 1/2 yr report(i think in oct). Gold shares cannot be de-coupled from the price of gold in the long term, for which I am holding. Gla
Agreed. Just seems odd that my gold etf cant stop going up yet virtually all gold miners are going down wit the general mtk. At some stage investors will realise what a bargain these and others are. In the meantime I sit and hold. I think I posted recently about hte big boys trying to frighten people. ATB
is goin on. Gold at all time high this mornin and now 25% down on consolidation price
with all this crashing in the market you would think gold would rise but it hasnt for the last 2 days. This def being done deliberate to scare people out. Am sitting tight in me bunker, prob too late to bail out now.Hope we dont go back to being a penny share
gonna make a fortune on these when results come out. The price of gold is picking up all the time(prob drop rapid now) so unless ald have stopped production should be good news along the way. Back on with the gold plated tin hat in the bunker lol
see proactive investors, Ambrian Capital says now is a good time to buy undervalued gold stocks, though it doesnt mention ALD
with the gold price at $1600/£1000 this should lead to some good updates for ALD as is has not hedged any future prices. Bout time the board released an RNS to inform of success of move to main market and how all those iis have piled in.At least thats what we were told would happen.
just got to hope that some of that gold magic rubs off on these, if gold prices keep rising then it must(should) eventually happen asthe co. will be recording higher revenues even with no increase in production.
the mind boggles, and themarket isnt rational. Think the bod need to get out and do some institutional presentations. July and aug usually bad time for gold but my etf has been racing the last couple of days gla