Member Info for mrtibbles

This bloke made a similar claim in June 2020
https://www.dailymail.co.uk/news/article-8475489/Bank-England-predicts-V-shaped-economic-recovery-coronavirus.html

June 2020
https://www.thetimes.co.uk/article/uk-recovery-is-coming-sooner-and-faster-than-predicted-says-bank-of-england-s-andy-haldane-08r66vstt

Than you Darren, very interesting

Good to hear, but what shame that those that control the markets and monetary and manipulate the price of precious metals were able to knock the gold & silver prices back this far in an overnight session so that they could place orders on the futures at below $1900,
Despite the POG knock down being so obvious, Bullion Vault, LBME and all the rest that go along with the bent system churn out the same old tired statements "Gold was overbought", "The market had a healthy pullback", The marker was over heated!" .
What utter tosh , the truth is those on the inside decided it was time to churn the shares and create lots of liquidity or panic to make lots of easy profit and commissions whilst knocking the POG down so that they can start another round of pump and dump!

https://www.politico.com/news/2020/08/13/iran-oil-tanker-hormuz-394670
Black & White video .

"No smoke without fire!"

https://enterprise.press/stories/2019/12/09/endeavours-centamin-merger-bid-faces-new-setback-as-french-officials-launch-corruption-investigation-into-ceo-8004/

In this week’s breakdown of the gold and silver markets, Andrew Maguire answers 5 Big Questions around where the market is now and where it's headed.

The precious metals expert explores how the CME is raising financing costs in silver futures, official efforts to contain the gold price and where are we now and at what price would be fair value.

https://www.youtube.com/watch?v=kZcrB489LSc&feature=youtu.be

Congratulations on a very special day, I hope that you both have a long and happy future together!
https://www.youtube.com/watch?v=swSytFVMHuU&list=RDOYXRE89welM&index=7

Tibbs

This Transcript is available in full on the Centamin website

Be aware Steve that tomorrows open price less the divi may not be the same as today's London close as there may be a SP gap up or down depending on the through the night markets and/or their effect on the POG.
This has caught out many CFD and other traders and that set stop losses which are visible to the MM.

Quite so Mr Bond, nothing wrong with Centamin, quite the contrary, the Sukari ATM is hardly ticking over yet!!

Tuesday, 8/11/2020 14:23
GOLD PRICES made a second step back from last week's new record highs in London on Tuesday, retreating sharply below $2000 per ounce to hit the lowest so far this August at $1940 as anti-government protests continued in Belarus and Lebanon but global stock markets surged, bond yields rose, and commodity prices gained after President Putin said Russia has developed a successful Covid-19 vaccine.

Because the US Federal Reserve "has said it will not move to negative interest rates," explains Heraeus, "then the real interest rate will rise should inflation turn into deflation.
"That would be a headwind for gold."
https://www.bullionvault.com/gold-news/gold-price-081120202

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify.
"As far as I know, a vaccine against a new coronavirus infection has been registered this morning, for the first time in the world," Russian President Vladimir Putin declared, according to RIA Novosti. "I know that it works quite effectively, forms a stable immunity and, I repeat, has passed all the necessary checks." He added that one of his daughters was vaccinated against COVID-19, despite Phase 3 trials that normally last for months and involve thousands of people. At the end of July, the WHO said that there were 26 candidate vaccines in the clinical evaluation stage, including one registered in Russia that was developed by the Gamaleya Research Center.

Trump's vaccine claim isn't backed by any reliable evidence and is as reliable as most of his claims
After all any country "May have a vaccine" some time, any time, when who knows?
But as usual any Trump statement especially when the US is so vulnerable and desperate is an excuse for Wall Street to pump up the dollar!

Don't panic over a 5.5% pull back when considering the POG pasting over night .
Trump claims the the US has a vaccine nearly ready, although according to an independent expert on the BBC World Service this is a ploy being used by the Trump election campaign to gain public support and in reality the wonder drug hasn't really undergone sufficient testing, the side effects are unknown, as is the effectiveness of the vaccine.
Also some poor soul who got into some Trump media address was supposedly trying to assassinate Trump and was duly removed by Trumps body guards, then apparently shot outside before being overpowered and taken to hospital.
President Trump thanked his security team for acting so decisively!
Asian markets are on public holiday
So there we have it , 4 excuses for the US market to knock back gold!

"Gold couldn't hold all its recent gains on Friday with both real US interest rates and the US Dollar working against the metal," said strategist John Reade at the minjing industry's World Gold Council.

"Combined with the recent run higher in gold and lower in the Dollar," adds Sameer Samana, Wells Fargo Investment's senior global market strategist, "it all adds up to some really stretched trends that needed a breather."

https://www.bullionvault.com/gold-news/gold-price-081020202

CEO Sebastien de Montessus not in clink as yet then?

Don't despair, it was a good move, you can't time the markets, but the good times are certainly coming for Centamin!

222.59 Google Finance

Why is the Bank handing billions to big businesses that are polluting our planet, slashing our jobs and paying themselves billions? Andrew Bailey needs to put his money where his mouth is and build a green recovery.

Simon worked closely with a journalist at Vice to expose the truth about these corporate bailouts. A couple of weeks ago Positive Money released a report about them too. [3] This builds on our earlier campaign which forced the Bank of England to make the names of the companies receiving help public.

Not only are they laying off staff, they are some of the biggest polluters in the world - airlines, carmakers, oil and gas companies. We all know they cannot green their operations overnight, but when the Government is legally committed to reducing carbon emissions by 2030, it needs to make sure every company getting public money at least has a plan to.

Coronavirus has exposed just how fragile our society is, and how urgent it is that we move to a fairer, safer economy. Inequality is out of control, and climate change is going to cause an even bigger public emergency unless we act now. So we need our politicians to get serious.

Sign the petition here:
https://actionnetwork.org/petitions/s...

Look at the hourly chart, o wonder LBME and the City are so desperate to keep things as they are!
https://www.bullionvault.com/gold-price-chart.do#