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notlonggone
Posted in: FRES
Posts: 456
I think the Mexican Government will try to take a larger slice of the cake, but only after their profits go through the roof. Look what the UK Government did with windfall taxes on the oil companies. I'm just happy that Rachel Thieves (from accounts) isn't the Mexican Chancellor.
We shouldn't get too excited though; look what happened on Moday, when silver was up over $2.50.
Silver up over $2 now. Gold up $21. Approaching $66. It's looking bright from the Big Mango!
At the moment, Silver is going in the right direction. $65.43/Oz . Up 2.75%.π€
The last time it dropped substantially was in quite different circumstances. Gold & Silver had just received a right clobberin'. Yesterday's drop was against substantial rises -- in silver, especially. That's not to say it won't happen again.
Getting a right clobberin' now. Sixty Pence down!
Exactly! Gold also up 1%. Trying to flush us out -- they're not getting mine. I'm confident if Gold & Silver remain, as is; we'll finish closer to Β£30 than Β£29.
Crikey! - going to be in the red at this rate.
I could do with selling some but I got badly bitten with RR after their rights issue. Bailed out far too early & cost me a fortune. This after holding them for Donkeys years. The money went into Fresnillo & then they halved!π¬ I think Fresnillo are going to be a licence to print money, but the risk in my opinion, is the Mexican Government jumping on the bandwagon. Been in ever since the dark days of Β£4.50 & don't want to make the same mistake again.
Craigo123... Got to agree with you there. We've already witnessed it fall back to Β£20 from Β£26. Luckily; it was short-lived & we're approaching Β£30 again. It's a bit of a dilemma, but I'm pretty certain of one thing --- silver is going to flourish. Even J.P. Morgan have gone long.π
Silver regained $2 of the $3.5 clobberin'. Gold almost at an A.T.H. Fingers crossed for the opening bell.π€
Noel... The video i watched regarding this so-called, Samsung visit to Fresnillo, is Ai produced. If you search it by using Ai, it more or less calls the other Ai, a liar. π€£
Andrew Maguire discusses what happened with the so-called, overheating problems on the comex. Quite an interesting video. @22 min 20. https://youtu.be/yRtQjoeIqL8?si=1ml58n3PFr18VpHZ
Quite a decent week from Santa. Ok, Silver received it's inevitable late hammering, but S.P. still up Β£1.90 for the week. π¨ π
Will do! Hua hin for the New Year.π
By that rationale, I'd guess you're in possession of around 10,000 shares. Roughly a 3 quid rise this week, so far?
I know we're off subject here, but, luckily we're away from that area - further north, away from the Cambodian border. The 60 baht/bottle is in a sit down bar/snooker, place.
Aye - up jungle in the N.E. Strange coincidence - on the 3rd myself. 60/baht big bottle. I think we can afford it after this splendid few months. πΊ
I think you're correct, PP. I'm celebrating with a few Beers Changs as we speak. Not sold any though.
JMT1234... I posted a few weeks ago a similar claim, that "The Market Sniper" made a prediction, in one of his videos. I think i linked it? That was, Β£105 within the next 18 - 24 months.
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