Member Info for MrBond46

Thanks Goldnome , with a very good explanation , a very informative article.

And of course their Election sherard.

Well Razors Edge ,for the US market to put importance on Christmas December sales figures is nothing more than a smoke screen.

The busiesies month of the year for even poorer homes ,trying to celebrate the season witn presents and food.

Januaries figures will show a huge drop in retailing. The US and the Fed doing what they think is correct,to maintain confidence in their precious dollar,and of course maintain the confidence in the worlds trading currency. The truth is they are Bankrupt. Buying Gold as paper promises , maybe because they remember the 1930s confiscations.

121.000 t ozs . :-)

As a LTH for over 10 yrs I am confident.

The future is looking very good.

The SP is as it is due to the present economic climate, but still undervalued.

It is a traders paradise.

But in time the SP will see its true value as a long term investment.

GLA all LT investors.

Yes Rebess,the hedge option so far has not been needed.

But wise ,the markets are volatile.

I suppose its just like fire insurance for your property .

Centamin has the option in place to hedge,but only if gold dramaticaaly drops.

Of course this option costs, whether you think this good is another thing.

The crime and punishment,only because some bright auditors found him out.

Seb will have no remorse, its his natural behavior.

In short a predatory bastard. :-)

Most nights similar.

the south markets have always valued precious metals ,physical of course.

The US trade paper as most of the west ,but only get profits in Fiat currency. Their Gold is imaginary.

Why ?

Because they cannot fake Gold.

like fiat.So how much physical do you hold ?

Slipped somewhat.

Why ,I wonder?

But now no Kitco latest news,after cyber attack, Strange as to the reason, someone didnt like it ?

But in election year ,anything is possible !

NOW AT $2069.

Enjoy your Solstice everyone.

LTH who dont post very often , I am not surprised , but enjoy your holiday and best wishes for 2024.

Yes for now, but Van Eck still hold 10.014 million.

The next time we will be seeing them is when they buy back,.

The end of years profit should be very healthy. And next year should be far better production figures.

Be interesting to see if they take up the option of Capitals machinery when the contract is finished.

Sounds about right Dansul.

Anything to keep the $ stable,if not ,their economy,ie buying imports will accerate the inflation.

And election year !!

No not punch drunk,just aware it go back down just as quickly.

8 Trillions of $ ,Stock options expire.

So expect volatility for a few days.

This is likely the reason the whole market has dropped, 8 Trillion is the largest Options expiry fo many ,many years.

What a pity people are still naive and getting sucked in to this "Company".

Run by a board of total Bastards. Look back at their history of lies with the gold mine prospect,that never got of the ground , same as now. Who is stupid enough to give an investment in a produtive mine ,no one. In just a few years batteries will be obsolete. More and more poducing green hydrogen, zero footprint of pollution,

battery packs just the opposite. Another ACP con attempt its just a hobby ,colecting their fees. Check out the other AIM companies they are "Directors " of. Total fraudsters.

Buying physical metals for delivery is essential for a balanced portfolio .

whether the predictions on the episode 152 are accurate or not,it is US election year, while Biden is in power ,Powell will continue his policies,which are neccesary to keep the $ from going down . And of course keep powell in a job as FED president .

Highly unlikely if the president changes.

Data on job growth.

Stoked by Heaithcare workers and manufacturing workers , back from striking.

Plus wage rises stoking inflation .4% increase economists prefered .3%.

Of course it depends how the FED reads it ,as to direction.

So still some uncertainty.