Member Info for MrBond46

The commentator Jim Wychoff.

" Gold prices have traded both sides of unchanged ? and were posting slight losses just before midday. etc "

He makes a living writing "stuff" such as that. When really he says nothing its just about staying in the limelight ,marketing .

Long may it last Jim ;-)

Sorry off topic ,but couldnt resist sharing .

By the end of my term we will have a Golden Dome. Using super technology. (I dont think hes trying to out do ,Jeusalem, ;-)

Trump claimed while offering few technical directions .how Golden Dome will actually operate.

The initiative will be led by General Michael Guetlein ,Vice President of the US Space Force,who previosly described the effort on the magnitude of the Manhatton Project.

Must be similar to Ronald Reaguns Star Wars.

All for the price of $175 billion .

Thats no more than 6 or so F35s. What a bargain ,, WOW.

Costco annonces two 1 oz bar per 24 hours limit as bullion purchases soar. ;-)

Read the article and digest ,interesting dont you think ?

Good night all .

Good morning as well. to some.

On the other hand ,maybe time to pick up more shares or buy physical gold.

The times are changing ,in the US gold has risen to 2nd place after "Real estate" as the positive way of protecting your wealth against inflation and currency FX valuations.

Debt wall,comsumer strain,and a Fed "trapped by politics"

Stephane Pomboy warns of market reckoning.

Could it be. foreign demand for US treasuries is waning ."if China has no reason to buy our debt anymore weve got to come up with another -fast"I always I always come back to the Fed as the only obvious candidate to absorb all of this issuance. etc.

So it seems the US is set to buying its own debt , not a very strong philosophy.

So now what happens if China decides to sell its US debt bonds,I wonder .

It seems Mr President Donald Trump has good reason to go back on his rants and exective orders, stale mate for now .

GLA

Jim Wychof states ,Profit taking pounds gold amid better risk appetite.

The reason for golds drop today ?

But Wychoff only really talks to Gold futures Traders.

Whereas Gold has a path E$4000 as US cedibility crumbles , Wisdom Trees Witash shah author of that article ?

An accord with China might in the future be possible, Trump wishes.

But for now its all pretty much wishfull thinking.

And proves the so called experts are really only interested in churning a few more commissions ,from traders ,who appear to be not able to think for themselves.

Yes I am back today after a week in hospital ,but feeling very well. GLA.

Anglo explores other avenues for returns after stellar Q1 .

$403 million in free cash flow.

1st Qtr earnings 671% increase year on year To $447M

basic earnings were $ 443.M.

If Gold price maintains this level ,dividend increase for investors are significant.

Anglo production increased in the 1st Qtr to 720,000 ozs ,compared to 591000 in 2024.

Cash costs $1223 per oz.

CEO has got his head screwed on.

Anglo is looking very strong . GLA.

Episode 221. Andrew Maguire

I can assure you I am certainly not another. Goldgnome posts much better composed posts than I. I apologise for the quality of my posts at the moment I am slightly preoccupied with an operation I am having on Tuesday Have a good weekend all.

The figures on paper seem ,ok , but costs of mining ,plant ,machinery for 10 years production ,all being well ,which they seldom are not without problems. Poltics being one. Even if Cote de Ivorie seems stable. Good luck Resolute.

Probably May day , (Labour Day) another long weekend.

JP Morgans Commodities research forcast has a 50% chance of being top flight forcasters, if correct,which would enhance their credibility for Jamie Dimon .if he is still there in control ; .)

At the moment it is not possible, with all thats going on in the world to forcast anything with any certainty. Other than Gold will keep its value ,as long as there are customers for it.

A must watch ,with Lynette Zang . A must watch. Enjoy your weekend everyone.

Well Goldgnome ,I take it you are a , "Gold bug ", Gud on yer. :-) Good luck to All.

Could be start of a correction as Sotolo stated ,it has risen very fast, to pretty much overbought. But not to worry it will eventually stabilize,and today is a very slow trading day in the USA. GLA

Bond srategistsexpect Bond Yeilds to fall. Kitco 10 minutes ago.

I read that now many are looking to 4000$ per toz, I did not even expect 3000 till end 2025, so it seems we are in completely uncharted territory.

The next Fed utterance will be carefully watched, as many expect a rate cut in June . But now at this stage , I wonder if it will matter what they dream up, it appears $ confidence is sliding rapidly to rock bottom.

And the Asteroid ,could be launching into WW111. Annihilation .

The US is similar to the Dianosaur, to much armour ,too much weight, not enough natural resources to sustain itself in its own territory.

Along with a small brain ,.

I feel sorry for the American people that with all their bright minds ,they were left with so little choice as to their vote.

Thanks for the good wishes. This share continues to give, lets hope it stays that way. The only downside is not being paid Divis, in shares ,or gold Rand ;-)