Member Info for LuckyLuciano

Have to say agree and happy that central banks drop $ and buy gold, wise divesting at times when Fed rate is halting and especially because the combination of high inflation and high rates is choking the US economy.
But not just the US, dangers of defaults on debit are surfing all over the western world, for example I learned that Volkswagen is about to take on some $300 billions in debit, in trying to catch up with the EV wagon and not considering the internal combustion car assets they will have to write of...
But for U$D to lose its global currency status, have the feeling that gold wont be part of the equation, but a simple side effect of USA foreign policies including indeed sanctions.
The BRICS countries to create their own commune currency and challenge directly the U$D, they would have to value this currency, against a financial and economic equation among these countries, which take in consideration their current exchange rate against possibly the U$D itself. If they peg it against gold they would not have and metrics of comparison with the rest of the world with witch they also trade. Also pegging against gold would run the risk of creating a currency becoming too expensive for exports...
So far they have been doing only bi-lateral trade agreements which on its own doesn't challenge the U$D but rather is creating many discrepancy in commodities pricing....This also is a side effect which I am not so sure how will evolve within BRICS and around the wider world economies...Interesting times

BT no hard feeling mate...
Is just that for investment purpose, for example if you like to know if a company will be paying dividend one day and for comparisons with other peers, for a PE ratio is used Net Profit.
If you take EBITDA it could well be that at the end of the year the company is not making any money.
Another useful metrics is free cash flow

Hi anyone able to explain?
Are they maybe some shorts closing?
Less % of voting rights through financial instruments (total of 8.B 1 + 8.B 2)
and more % of voting rights attached to shares (total of 8.A) ????

Hi
Have been reading many comments and valuation on HUM.
I am invested in PAF and for comparison before deciding to buy HUM, I was trying to compare the two...
Looking at the balance sheet, Hum has much bigger debit than PAF, I have considered only Property, Plants and Equipment together with current assets and subtracted total liabilities and from last data available PAF come up at $280 millions versus HUM at $20 millions. These are very rough calculations just to make a sense of market cap difference.
What it means is that (280-20=260) PAF market cap is valued $260 millions or some £200 millions more than HUM.
Has PAF MC is £350-200= £150 should be the fair MC valuation comparison of HUM, which is roughly double today sp.
Where I am stuck is on the disproportional amount of reserves that PAF has compared to HUM, and the fact that PAF is already achieving 200k/oz production whereas HUM has to incur much higher costs during ramp-up till and of this year, when they will be reaching commercial rate production...
By the way a PE multiple of 4 for HUM, can be considered on Net Profit and not EBITDA, in which case $70millions would become maybe £30 millions and x 4 would make a sp of 20p . Is likely though that the market would grant a slightly higher PE ratio, if POG keeps up, in which case would also be good for bottom line Net Profit.

Steve is likely your interpretation of meaningful is different from mine.
I am not pretending you follow my advises, also because half of my posts are more questions than advises.
Initial Jobless claims out at 1.30pm.

lol
Steve I don't recall saying that....but is possible.
Maybe was at the time JPMorgan came out with results?
Then again the bottom line there was some 10% less retail deposits imv....
I mean after central banks came out with the idea to buy its own debit, anything is possible, even for USD and POG to follow each other direction.

https://tvc-invdn-com.investing.com/data/tvc_a3f194dbdfe9a3125be6849db16d54d7.png
IMV wait and watch still best action.

Is likely coming 25bps rise plus ending of Indian Gold purchases season (to a lesser extent) will keep gold price under pressure for a while.
USD not making any meaningful move up right now, can be interpreted even more bearish for POG.
Again all eyes on next key economic data for directions, one thing is sure though (imo) USD destiny is downward.

What a shame
He could have told the market that Okyo Pharma was looking to mine medicines, in a highly prospective license.

Thanks Sotolo for the kind words and hope the best on your medical issues.

Not so sure about good Chinese gdp numbers, I was expecting more of a positive POO reaction.
Metals today might have been positively affected on the up by a negative views on Goldman Sachs financials, kind of the opposite of yesterday JPMorgan's.
Any short views on POG from here....Thursday US Initial Jobless Claims and Philadelphia Manufacturing Index, may still keep POG upside capped imv.
Day RSI still making a sell signal.

Be interested to know what folks think is a set of positive results.===========
A good start would be to be able to pay back the huge amount of debit on they balance sheet.
Or even to make a profit, could be something to celebrate, considering that till new mine is not fully commissioned, costs will be greater than profit. Never seen a small gold miner with such a huge intangible asset value, like Shanta.
Share prise is fully dependent on POG, expect great volatility...

Hi Steven yes 25bps yes what expected and they know they can get away with it..
Going forward financial data are becoming ever so important, inflation in US does seem under control, but still far away from the famous 2% target, hence another QE imo is unlikely anytime soon.

Hi RazorsEdge
Why you think they wont pause after next 25bps rise?
I understand the "rationale" for ensuring some healthy profit margins for some banks, but inflation and manufacturing has been coming down........They may pause for one or 2 months and then keep rising?

Is getting interesting , noticed the engulfing day candle of yesterday even if technical, with USD are very risky... Debate is out if the engulfing candle was justified or not, lots of noise from the press on bank results.
No doubt lates liquidity rescue fund to save the mid/small lenders, has made a difference on the fear factor sentiments.

Is that the cloud guy?

Markets are useful, if anything because a high share price, make cheaper for share holders to rise more cash.
On commodities indeed is a bit different because commodities are the lively hood of many people across the world.
Now I suppose someone will come up with the question on, what define a commodity.

Steve
my apologies I should have added the RSI of POG day chart made a sell signal.

BushyTailed said the same.
I can not explain things that my self can't fully understand....

Steve
I am not pretending to impose my will on anyone, and I understand you rationale regarding following tech or not.
Many information on technical analyses can be found for free online....