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What would a $2,600 gold price do for the SHG sp?
If Oliver is right, that will mean gold hits$2,600 just in time for Christmas.
Oliver is usually more cautious in his forecasts. In setting a deadline, he has put his reputation at risk, so he must be convinced that he is right.
King World News is bad for outrageous forecsts, but could the tide have turned?
In October, these were on KWN -
"Michael Oliver – Gold Price To Explode $600 Higher In 60 Days"
https://kingworldnews.com/michael-oliver-gold-price-will-explode-to-2550-2600-in-two-months/
"Michael Oliver: Gold & Silver Dynamic Trend Change – About To Go Vertical""
https://kingworldnews.com/michael-oliver-gold-silver-dynamic-trend-change-about-to-go-vertical/
Not KWN, but Clive Maund is a good forecaster - "Gold Market Update - MAJOR BREAKOUT BELIEVED IMMINENT..."
https://www.clivemaund.com/gmu.php?art_id=68&date=2023-11-19
Silver is up to $24.80 and HOC is up to 110p - and there seems to be no interest.
Roly DARVO got what he deserved. Arrogance was his downfall.
"NS, I admire your resilience being invested in a company that is a constant disappointment" - do you really dvh?
I stick with it because I keep reading all the posts on here giving all the the theoretical reasons why the sp should go up.
They have been proved wrong for many years. Do you have any sarcastic comments about their failure to accurately predict the sp?
Yeah, true, and Brexit is holding the gold price back and caused Storm Babet.
"Shanta will move on WK - news" - I had similar thoughts in March.
I expected the start of production at Singida to put a rocket under the share price. As usual with SHG, all I got was disappointment.
Mark your calendar for this - "Michael Oliver – Gold Price To Explode $600 Higher In 60 Days"
https://kingworldnews.com/michael-oliver-gold-price-will-explode-to-2550-2600-in-two-months/
... but expect disappointment. I've never seen a single forecast made by KWN come true.
This man is better, this is worth reading - https://www.clivemaund.com/gmu.php?art_id=68&date=2023-10-15
I wouldn't be happy making gain due to a war premium, but it is not ordinary people who start wars, so I would be happy if my investments save me from the economic consequences of the wars started by the evil rulers of the world. Here is a thought-out forecast -
"The Sword Of Damocles: An Economic Worst-Case Scenario For The Israeli-Palestine War"
https://www.zerohedge.com/geopolitical/sword-damocles-economic-worst-case-scenario-israeli-palestine-war
"Israel-Hamas War Latest: Israeli Troops Amass At Border As Iran Warns It Will Intervene If Ground Offensive Launched"
https://www.zerohedge.com/geopolitical/israel-hamas-war-latest-israeli-troops-amass-border-iran-warns-against-ground
Hi thornyone. You are right about world events being a reason to buy gold and that thought now makes me regret giving my post the heading of "Great day" on a day that saw great suffering and tragedy.
I had looked at the board and the surprise of seeing that no one had commented on the notable price movements knocked other thoughts, temporarily, from my mind.
I will get no joy from gains that are the result of a war premium.
Gold and silver prices rocketing, HOC sp up by over 6% and no one comments?
That's a good sign, because it means the real interest hasn't yet started - and when it does - !!!!
Roly DARVO said " Why don't we try to discuss FCS without the personal insults" - that's rich - he was one of the most insulting and abusive contributors on this board. I know, I was one of his victims.
Razzy said - "Noel is ostracised.
Last warning from LSE moderation team." - as usual all we get from him is lies.
Thanks NTM.
Falling Knife has been a guiding light on the FLX \ FCS share price. I was in FLX for years and made a loss, but his advice saved me from a bigger loss.
He has been attacked savagely - totally undeserved. All he did was to correctly forecast the sp.
Laura gives us an example of the sorts of insults he has faced -note how she gets personal. That says more about her than it does about FK1.
Oil is not a fossil fuel - is gas?
Here's something about oil that I came across many years ago, but I had completely forgotten about it.
"what petroleum is. It isn’t what we think it is. It isn’t a fossil fuel"
"There has never been a fossil, a real fossil, found below sixteen thousand feet … We drill for oil at thirty thousand, thirty three thousand, twenty eight thousand, every day of the week. So, right there we rule it out that it isn’t fossil fuel. It’s called fossil fuel for the minds of the public to feel that it is an asset that is running out [and] being depleted"
https://expose-news.com/2023/09/29/oil-is-not-a-fossil-fuel-it-is-the-second-most/
This has links to the sources of the information.
I'm looking forward to reading the source documents (didn't have time today) to see if it applies also to gas.
FromSE18 - "I love the way that Noel has trawled back through my posts to find this old quot" - as usual he makes a fool of himself.
I didn't trawl back. At the time I expected you to be wrong so I made a note of it for future use, thus showing me to be a better predictor of the future than you.
Keep trying SE18, one day you might get something right.
I was right -spikes soon fizzle out.
Here we are at the end of September. I doubt that there will be an announcement tomorrow, being a Saturday.
Posted by SouthEast18 at 14:56 on 14th August, 2023 - " And I fully expect the new licences to be allocated by the end of September."
You get bluff, ignorance and wishful thinking from Dr. P., SouthEast18 and give a gripe MM.
From me, you get common sense, facts, and opinions based on evidence, i.e. informed opinion. In total - reality.