Member Info for ngnlnv

$1578 this morning, so gold still showing its a hedge in times of trouble. As explained for the dips/pullbacks. Gold being used to pay off debts created by the market dive. HUM still continues to churn out more gold than it ever has and looks a real opportunity at these levels. imo.

Go and buy something else then.

Making a good move above $1500 this morning. Let's hope it continues into the afternoon when the DOW opens.

https://www.youinvest.co.uk/articles/investmentarticles/194089/gold-keeps-falling-it-did-same-2008-and-then-look-what-happened

Well done chaps. I was going to say all that but got up late;-)

The sale of gold and the hedge is slightly different imo, and one could argue either way wether it prudent or not. I think it probably was. With regards to diesel, I would hope there is always enough stock piled to see through every eventuality. So some will be bought at premium rate for those eventualities. At this point in the market it would make sense to buy and store a prudent amount again for potential lean times shall we say. Just good logistics to have a decent reserve. I don't think we will see to much of a significant drop in AISC because of the oil this quarter, but next quarter we could see a downward blip in our favour. Every little helps.

will do GB take care.

BIG TOOLS required at Halfords TechieMan. Get an application in.

I remain an optimist. Gold still being churned out by both mills, closing on probably the best quarter we have had since the start and no issues reported. A hedge on POG for the quarter, although I am buoyed by the relative strength of the gold price considering the market at the moment. I take note that gold has been sold to cover other debts in the market so a little downward movement is expected as markets sell off to prevent further losses.
Its tuff and imo going to get worse before it gets better,
To all those who have to sell because of personal circumstance, Good luck to you, and I hope you get chance to return.
To those still holding or even buying, good luck to you to. I myself am maxed out here and sitting at the moment on a big loss, but prepared to hold for another year.
Take care all and stay healthy, and don't forget others.

Can't find anything but gave up, so yes a clue would be nice.

POG bounced back to $1510 so far, but markets crazy again today. Cant predict anything.

Tiny sales and they are just rinsing people dropping the rate on nearly every sale.
Meanwhile POG steady and climbing slowly. Oil taking a pounding as is the dollar and futures down 4 to 5 %. Gold continues to shine.

that is worth anything in times of economic stress has always and will always be gold.
The ones that make the rules also make the money off the weak.
Up to you which one you choose to be.

Amazing what you find out on this self isolation lark.
Had to start listening to the wife more, and just found out she was made redundant from Woolworths.

Nearly 2 grand off your Bitcoin yesterday if you have any.
Don't get it myself,

Yep still buying. Only a small player but its a lot to me. I am probably maxed out hee now, but I have others that hopefully will show a quicker profit. If you believe in the story and you have done your research now is the time to buy surely. I unfortunately had most of my disposal when Hum was at its peak, and would love to be buying now. They are still my main holding, and are in a way better situation than when I bought. Bounce again today I believe looking at overseas markets early doors.

lol, I am wrong more than I am right. You should see my PF.

Bitcoin down 20%

the DOW is down nearly 8% so far. Everybody getting hit.
Its only a loss if you sell.

We all know $1500 POG is excellent for this quarter, anything else really is cream. We know that Hum is churning away with both mills now and no issues this quarter so should be a an excellent RNS and hopefully will fall in time with the decline of the Covid 19.
Would like to see some other news attached to the quarter results, such as buy back/divi/aquasitions. Looking forward to the next RNS and ignoring the volatility in the market at the moment.