Just the start of the transfer13 Apr 2021 21:23
Wiltshireman, you posted this earlier...
“
and this is how it worked today. Some early buying from 'those in the know' this morning took the SP from 20p up to around 21.5p where it plateaued till about 1-2pm then BB Heroes publication, bit late today normally around 11am, 'tips' sorry 'chart anlaysis' news spread and shares continued up to 23.5-24p by end of play. Be interesting to know how many bought early and sold late to make a good profit while the mugpunters were putting their money into the shares. I follow this share closely as I too believe it is undervalued but nothing for weeks then suddenly the intraday price goes bananas. Why?”
The move was nothing to do with Zak’s cafe! Its demand outstripping supply (in the morning) and the afternoon run was triggered by the FED announcement at 1.30pm
Everyone was expecting the FED to downplay (lie about) the inflation rate again and say it was around 1.5-2% . The fact they said it was 2.6% has been under appreciated here.
As people like speediemeady and myself have been covering lately, the broader markets are on the verge of complete meltdown, inflation rises, bond markets implode, equities markets implode, commodities (us) go to the moon. A lot of people have underestimated the timeline on this unfolding. So when the FED said 2.6% already (which we know is a lie) it means real inflation is already 10-15% and spiralling out of their control, this will all come to an end in the next 6-24 months, and the longer it continues, the bigger the bang.
Hence at 1.30pm Gold went on a run, and so did anyone producing/about to produce
Funds that were waiting for the Scally news to clear before adding or joining the GGP train have now had their hands forced by the inflation spike.
This is just the very beginning, 90% of the people invested here have no comprehension of the bigger picture, and what it will do to GGP’s value when the wall st house of cards comes down.
Forget about multiple strikes, forget about 2g/t, when hyperinflation kicks in gold will go to between $10,000 and $40,000
Multiply that out by our share (3,000,000+ oz)...... its a very big number.
Thats why the big boys are playing games here and why the researched didnt bat an eyelid these last few months.
Unfortunately 90% of people are more interested in learning about “TOWIE” and Eastenders, are about to become a lot poorer, the other 10% who have positioned accordingly, are about to gain enough to feed their families for the next 3 generations
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