Member Info for mrtibbles

https://www.bullionvault.com/gold-price-chart.do
Monday, 8/05/2019 14:43

GOLD PRICES soared this Monday morning, but they seem to be pulling back now?

Repression.
Thanks for alerting me, I have asked the webmaster to remover that post .

Never mind though as this seems to give more accurate and reliable information.

https://www.thebalance.com/what-is-the-real-unemployment-rate-3306198

https://www.electoralcommission.org.uk/who-we-are-and-what-we-do/elections-and-referendums/past-elections-and-referendums/eu-referendum/results-and-turnout-eu-referendum
https://fullfact.org/economy/brexit/

https://www.bbc.co.uk/news/uk-politics-44856992
https://www.theguardian.com/politics/2018/dec/07/corrupt-vote-leave-campaign-undermines-brexit-vote-court-told

The remainer’s certainly don't want to honour the Democratic process?
That statement isn't really correct
The people were misled, deceived even lied to during the EU referendum and they certainly weren’t made aware of the true implications of Brexit.
Also people had varied and different reasons for wanting to leave, to some it was just an opportunity to stick two fingers up to the government at that time, a chance to rebel.
If the level of election standards rules breaking and public deception that went on during the EU referendum had taken place during a local or general election the results would have been declared void by the electoral commission.
After the Brexit referendum PM May sought to get the authority of the government bolstered (increased majority) and the decision to leave the EU endorsed democratically by calling a general election.
However by this time a growing number of the electorate realised they had been deceived by the leading Brexiteer’s about the terms of UK’s EU membership and the implications of Brexit, so many former leave voters changed their minds and now voted for new MP’s who either want to remain or ensure if the UK leaves it does so on the very best terms.
Some people that voted to leave three years ago are now dead, others have become eligible to vote and after over three years should be given the opportunity to have a say in a decision that will affect their futures.
Ex pats were never given a vote, totally wrong and undemocratic as this decision affects them greatly in many ways, for instance if they can no longer afford to live aboard then the UK (or what remains of it) will be obligated to allow them to return home and be entitled to all the same public services and allowances as any other UK citizen.

England is all that will be left of he UK if Boris is able push through a hard Brexit, although once that happens England will become the 53rd state of the US and renamed "Trumpton"!
https://www.youtube.com/watch?v=s6YE4PCRNwc

China won't be worried by Trump's trade wars, they are in this for the long haul, they have also been steadily buying buying gold under the radar for years ready for the next stage.
Trump seriously underestimates the Chinese.

Quite so Mizolgit, the MM always win because they are on the inside and can see where all the stops are, no doubt about it legalised corruption, but they still control control the markets!
Trump doesn't need the FED or congress because he has twitter, which seems to have far more influence!
A Tweet from Donald can make the markets move and in some instances even bring down governments!

Thanks you Cowichan,
Confirms what a contact of mine has been saying, I have been told China continues buy big under the radar !

Fair comment Razors!
Although to anyone who has'nt been in Centamin for as long as some it is a steep learning curve, Centamin is not at all predictable and also quite contrary at times.
https://medium.com/@JasonEscamilla/market-timing-advice-from-warren-buffett-burt-malkiel-22b9bdaeba79

I learnt the hard way that the MM can see where all the stops are!

Stay strong Silenthawk, this is all part of the course for Centamin holders!

I agree Pushme,
Also the growing likelihood of another financial crisis and very difficult times ahead if the UK crashes out of the EU without a deal.
https://www.bbc.co.uk/news/topics/cx250jmk4e7t/pound-sterling-gbp

quite so dealts, quite so!
I have looked other Blogs including the ADVFN, none of them are as user friendly as this site and neither do they seem to have anywhere near the number of long term holders, or generally well informed and experienced gold mining industry members that we are fortunate enough to have on this LSE forum.
For any Centamin holder who desires excellent debate, support during difficult times, accurate information or good honest advice then this forum must be one of, if not the best!

I have to agree with your your thoughts and appraisal of the situation Prof!

Can't get over that, just as I posted and the page refreshed the SP has gone up again!
Well there's a thing, perhaps the market has thought again and does like some details of the report after all, lets hope that it continues!

Opened up by over 4p, shame it's been knocked back now, I suppose the MM have caught a few people out .
Maybe now that the market has now digested some of the negatives such as increased AIAC and as far as I can tell there isn't that much firm evidence about other sources of ore coming on stream they have decided that the initial SP rise was unjustified?
Don't know, I suppose in view of the recent directors bonus share awards I was expecting more than just a divi increase, albeit a very welcome one!

Razors,
i am glad the you found my reminiscing of interest, the difference is that the majority iif today's brokers seem to be primarily interested in getting their clients to trade as many times as possible in any 24 hours to maximise their trading commissions.
Although my broker friend didn't always get it right of course, although I bore him no grudges because I appreciated that he had great integrity and his priority was to act in the best interest of his clients.
When clients first joined my broker friends firm they had the choice of either execution only or advisory. accounts, at that time I was a rookie investor so although it cost more I went for the latter type of account.
It turned out to be a good decision because as you pointed out my broker friend was prepared to put his neck on the line.

Lets hope that Centamin have just been going through a bad patch and we get some good news tomorrow!

Best

Tibbs

Years ago my old broker put me into Tullow I think at £2- £3 ish and he told me to chuck the dealing note in the drawer and forget about it, I did until he called me one day and recommended selling as the shares at over £17 , I will have to check, anyway I was well pleased and had never looked at Tullow again until your post today, I was surprised at today's SP,
Another time he recommended KAZ under £2 just after a collapse and flooding at the mine which had stopped production, some brokers were saying that Kaz was finished and the SP did fall further which worried me , but my old broker told me not to worry as he had a mate who was invested in a company who supplied heavy plant to Kaz and he was confident that production would be back up and running far more quickly than was thought as the situation at the mine looked far worse than it actually was, my old broker was right and so that dealing note stayed in the drawer, although at times KAZ did fluctuate up and down about 4 times the movement of the ftse 100 they gained in value until my old broker told me to sell at around £18.
Another top tip from him was when bird flu hit Asia and Stan.l collapsed to £3 ish, my broker old me to fill my boots, like he was, time moved on the bird flu epidemic ended and Stan.l continued to rise and pay good dividends until I was recommend to sell at £21.
My old broker friend (now retired officially)put me into Cey more years ago than I care to remember, but we still go for a pint or two and he still rates Centamin and thinks they are just gong through a bad patch,but that things will get better!
So I will be leaving the dealing note in the the drawer for now and see what happens, no point in rushing things, certainly not where Centamin is concerned!

Pound falls lower on no-deal Brexit prospect
The pound has continued to fall on currency markets as the government insists that the UK is prepared to leave the EU without a deal.

Sterling hit a fresh two-year low of $1.2120 against the dollar on Tuesday, before recovering some ground.

The currency also slid against the euro, falling to €1.0881 at one point.

The fall in the value of the pound means UK tourists heading abroad could face a "horrendous summer", according to one currency expert.
https://www.bbc.co.uk/news/business-49162356
Seema Shah, senior global investment strategist at Principal Global Investors, said: "If it looks like this juggernaut cannot be stopped, we do expect sterling to keep falling."

She said that the pound could drop as low as $1.18 against the dollar, but added: "There is a widespread view that a no-deal Brexit will be stopped."

The former chairman of Goldman Sachs Asset Management, Lord Jim O'Neill, told the BBC's World at One programme that in addition to the risks of a no-deal Brexit, the markets were also "looking at a government that might be leaning on an independent central bank, possibly including the choice of its new governor" and the policy plans that suggest the government is going to increase spending.

The combination of these factors is "essentially pointing one way for the pound", Lord O'Neill said.

However, he added that he thought the pound looked "very cheap", and if there was a Brexit deal, then sterling could recover "very sharply".

Other than Kinesis, NONE of the +60 ‘gold’ coins on the market solve the law of money, Gresham’s Law.
Unless I am incentivised to use my gold for spending /sending etc, why would I sell / use my more valuable gold when I could simply use fiat?

This may be good for gold
Following on from the recent announcement regarding opening up minting for US citizens, Kinesis are really excited to announce our partnership with Rejuvenan Global Health.

Rejuvenan is a digital wellness and health company that focuses on delivering an integrated and holistic approach to healthcare to its clients. Unlike other wellness/health companies, Rejuvenan’s data-driven platform uses AI to diagnose and provide clients with specific behavioural modification strategies for optimal health outcomes.

Given that over $30 billion in venture dollars have been invested in digital health since 2011, and $8.1B in digital health funding last year alone, this market has seen significant recent expansion. Given the integrations of tech into daily life, it's no surprise that customers are flocking to digital solutions for monitoring and maintaining their health.

Through powering a Rejuvenan rewards currency based on the Kinesis platform, Rejuvenan will be able to leverage Kinesis’s established operational infrastructure to provide their multitude of clients with a rewards system that incentivises healthy lifestyles. This in turn opens doors for Kinesis within the $3.5 trillion healthcare market.

Trump will luv a weak GDP, means he can foist any old trade deal onto Boris!