Oliver Hasler, executive chairman of PYX Resources, presents 1H24 Results. Watch the interview here.
5x5Croire - the London market is a disgrace.
Look at GFM today - put out their results in an RNS and it had this - "Operating Profit up 116%, Profit Before Tax up 114% and Profit After Tax up 117% on the same 6 month period from last year, all with a balance sheet without any debt" - AND THE SHARE PRICE WENT DOWN ! and that was on a day when the gold price shot up.
Can you imagine Tesla, Apple, Samsung or nVidia announcing a rise in profit of well over one hundred per cent and the share price going down?
Their a hate campaign against PM stocks going on in London. It's a rigged game.
"Maybe political rant is the main topic on here since AAU share price hasn't really moved" - says the man with the bullying nature who stirs up political arguments and is quick to turn nasty and resort to insults, mockery and abuse.
"GOLD HITS RECORD $2,580 – Central Banks Still Stockpiling Gold, Even At Record Prices"
"When, not “if” Ukraine ramps up its attacks on Russian oil depots, pipelines, refineries, etc., and Iran has a direct military confrontation with Israel, Brent crude will nearly double in price from its current rate per barrel… which will in turn crash equity markets and the global economy. And when both crash, gold prices will spike to around $3,000 per ounce." - from -
https://kingworldnews.com/gold-hits-record-2580-central-banks-still-stockpiling-gold-even-at-record-prices/
"Operating Profit up 116%, Profit Before Tax up 114% and Profit After Tax up 117% on the same 6 month period from last year, all with a balance sheet without any debt" - AND THE SHARE PRICES GOES DOWN. Unbelievable !
Monkeymoo sayd "I’m thinking we’ll be seeing $2700 gold shortly"
This was from early in 2024 from RM Capital Analytics: Rashad Hajiyev
He said "I wouldn't be surprised if gold tests $2,400 by April" - and he goes on to say $3,000 gold in November, 2024.
If I recall correctly, gold did go to $2,400 in April.
At the time of posting, he said a pause was necessary - he was right. He said, "I doubt that gold will linger for too long under $2,200" - he was right.
https://www.youtube.com/watch?v=9jmi0IqkyTo
He isn't the only person predicting $3,000 gold in November.
Monkeymoo says - "Gold moving up on the back of PPI report"
For a view of the US economy from a man who taught politics and economics at a US university, has written many books on the subject, was Assistant Treasury Secretary to Ronald Reagan and was an associate editor of the Wall Street Journal, see - "The Big Collapse Awaits" by Paul Craig Roberts.
In his piece - "As I recently reported, about 900,000 new jobs that had been claimed over the preceding year have just disappeared in a revision. A further downward revision could follow."
... then he gives a lot of excellent analysis ...
Also in his piece - "According to even presstitute media reports, in blue cities immigrant invader gangs are seizing homes and apartment buildings, and soon, if not already, newly constructed homes. If you are sufficiently stupid to live in a blue city, you can go to the grocery store and return to find your home occupied by immigrant-invaders. The police will not remove them.
If you are stupid enough to live in a blue city, what this means is that you cannot risk going shopping, or to a medical appointment, or to pick up your kids from the school that indoctrinates them unless you hire a security service to occupy your home in your absence. You cannot possibly risk your home by going on a vacation. Builders will have to provide armed security for nearly finished homes, apartments, or any type of structure.
No, I am not delusional. This is what is already happening."
https://www.paulcraigroberts.org/2024/09/12/the-big-collapse-awaits/
Today GFM reported an increase in profit of 114%. With gold at $2,552 and rising, THX will beat that next year.
What the Democrats have done to the USA - "The Big Collapse Awaits" by Paul Craig Roberts - this man taught politics and economics at a US university, has written many books on the subject, was Assistant Treasury Secretary to Ronald Reagan and was an associate editor of the Wall Street Journal.
In his piece - "As I recently reported, about 900,000 new jobs that had been claimed over the preceding year have just disappeared in a revision. A further downward revision could follow."
... then he gives a lot of excellent analysis ...
Also in his piece - "According to even presstitute media reports, in blue cities immigrant invader gangs are seizing homes and apartment buildings, and soon, if not already, newly constructed homes. If you are sufficiently stupid to live in a blue city, you can go to the grocery store and return to find your home occupied by immigrant-invaders. The police will not remove them.
If you are stupid enough to live in a blue city, what this means is that you cannot risk going shopping, or to a medical appointment, or to pick up your kids from the school that indoctrinates them unless you hire a security service to occupy your home in your absence. You cannot possibly risk your home by going on a vacation. Builders will have to provide armed security for nearly finished homes, apartments, or any type of structure.
No, I am not delusional. This is what is already happening."
https://www.paulcraigroberts.org/2024/09/12/the-big-collapse-awaits/
"Centamin was, in fact, a single-asset producer with the Sukari mine, which is a Tier 1 asset. I would look for such companies." - redlse - take a look at GFM - today announced a 114% rise in profits.
Gold hits $2,546 and the GFM sp is still up by only 0.67 per cent. Unbelievable.
The gold price has made a big jump up - will the GFM sp respond likewise?
The sp is currently up by 0.67 per cent.
Imagine a company such as Tesla, Apple, Samsung or nVidia announcing a rise in profits of well over one hundred per cent - do you think the rise in the sp would be 0.67%?
67% would be more likely.
The market is biased against PM stocks.
"White House Vacant – Biden Absent 40% of Presidency "
https://www.armstrongeconomics.com/international-news/politics/white-house-vacant-biden-absent-40-of-presidency/
"Biden Admits Inflation Reduction Act was NEVER Intended to Reduce Inflation "
https://www.armstrongeconomics.com/world-news/climate/biden-admits-inflation-reduction-act-was-never-intended-to-reduce-inflation/
"BLS Admits Biden-Harris Did NOT Create New Jobs"
https://www.armstrongeconomics.com/armstrongeconomics101/economics/bls-admits-biden-harris-did-not-create-new-jobs/
"Kamala’s Economic Plan Will Destroy the US Economy & Lead to Food Shortages"
https://www.armstrongeconomics.com/armstrongeconomics101/economics/kamalas-economic-plan-will-terminate-the-us-economy/
"Venezuelan Gang Overruns Colorado Apartment Complex
https://www.armstrongeconomics.com/world-news/corruption/venezuelan-gang-overruns-colorado-apartment-complex/"
"The New America That the Democrats Have Brought Us"
https://www.paulcraigroberts.org/2024/09/08/the-new-america-that-the-democrats-have-brought-us/.
Related to the one above - ""Can't Take It Anymore": Residents Of Springfield Ohio Beg For Help After 20,000 Haitians Overwhelm City, Eat Local Wildlife"
https://www.zerohedge.com/political/cant-take-it-anymore-residents-springfield-ohio-beg-help-after-20000-haitians-overwhelm
"Kamala’s America"
https://www.paulcraigroberts.org/2024/09/08/kamalas-america/
"Democrats fully embrace the replacement of the white American population"
https://www.paulcraigroberts.org/2024/09/08/democrats-fully-embrace-the-replacement-of-the-white-american-population/
Trump vs. Biden-Kamala Record
https://x.com/KarluskaP/status/1827669780880302308
Lena Petrova has put out may videos about the BRICS, Mbridge, the US economy and much more. She is very up to date with BRICS news.
https://www.youtube.com/@lenapetrova/videos
There seems to be too many weak hands on here. You don't have the fight that the SHG PIs had. The offer was made for SHG. The board accepted it saying ii was a good deal, but the PI put up a good fight. They didn't manage to defeat the takeover bid, but they forced a better offer. A general rule for takeovers - the first offer always under values the target.
"How can people say this is not a good deal" - Avocet, see AquarianAge's comment at 11:16.
It is a good deal - for Anglo Ashanti. Do you think the would offer a price that is a bad deal for them?
"Q3 numbers are off the scale" - that sounds like SHG. After years of work, SHG had got a new mine into production and it was producing gold at a low cost. The cash was rolling in - so robbers (in my opinion) made their bid. There was no counter bid, but after a fight, the SHG shareholders forced a vote and got a higher price than the original offer and got to keep the dividend. In the original offer, the bidders had the nerve (greed) to try to steal the dividend that had already been declared. At least Anglo Ashanti haven't pulled that stunt.
Correction - they probably haven't gone, it's just that the trades are coming in so quickly those 1,221 sales have disappeared off the bottom of the Trades screen on this site.
So why there so many trades of 1,221 shares?
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