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To be honest Mr Bond I’m just ranting I see the coronavirus has now arrived in Greece.

If and when a vaccine is fast tracked will the goldies go up with all the regular shares while t gf e price of gold is coming down?

TBH I’m just a bit ****ed off that I didn’t take some profit last week. The upside is, it’s only February we’ve a whole 10 months for more opportunities to arise.

$349m in cash. Drilling an even bigger hole in the ground every day making even more money. Gold is up to $1650.31(minutes ago) an oz... what’s the matter mister market why are we going down?

I’ll admit, it I’m confused.

The price of precious metals increased on Wednesday as the coronavirus continued spreading in the West, causing investors to stick with the safe-haven assets.

In the US, Federal Reserve Vice Chairman Richard Clarida said it's too soon to discuss the economic impact of the virus. Meanwhile in Asia, Japan's Prime Minister Shinzo Abe asked the organizers of sport and cultural events to consider delaying or canceling them in an attempt to contain the outbreak.

Spot gold jumped 0.89% at 2:27 am ET, selling for $1,644.54 per ounce. At the same time, silver rose 1.09% to sell for $18.09 per ounce and palladium increased by 1.11% to $2736,35 per ounce. However, platinum recorded the highest gain of 1.30% a minute later, going for $934.32 per ounce.

Breaking the News / ND

Shares on major European markets continued to face pressure from the coronavirus outbreak in premarket trade on Wednesday. Trading ended sharply lower on Tuesday as Italy and South Korea reported a surge in new cases of the virus, rattling investors across the globe.

The DAX was down 0.63% at 7:30 am CET, while the FTSE 100 fell 0.62%. The euro declined 0.08% against the dollar at 7:32 am CET, buying 1.08725 as the pound moved 0.09% lower versus the greenback to go for 1.29881.

Breaking the News / JC

Hello rebess, I emailed Centamin’s pr asking when the next update is due. I’ll post their reply as soon as I get it.

Gold is trying to recover, perhaps it will go green around 2:30 when Wall Street opens. The Dow fell over 1,000 points at one stage yesterday so I think there’s going to be a slight recovery at least.

European stock markets traded mostly higher in premarket on Tuesday in spite of coronavirus fears. United States President Donald Trump said on Monday that the COVID-19 outbreak in the country remains under control, and commended the World Health Organization (WHO) and the Centers for Disease Control (CDC) for their “smart” actions during the crisis. It is also expected that the Statistisches Bundesamt Deutschland releases the German gross domestic product later in the day.

The DAX climbed 0.81% at 7:30 am CET while the FTSE 100 added 0.44% at the same time.

The euro stood flat against the greenback, going for $1.08562 at 7:30 am CET. The pound traded 0.10% higher compared to the dollar, changing hands at 1.29470 at 7:31 am CET.

Breaking the News / TF

...is off by 5%

Did we get a downgrade or some other market force?

The price of gold rose on Monday to reach a 7-year high as the coronavirus, which accelerated its spread outside of China, caused fear among the investors, prompting them to turn to safe-haven assets. Meanwhile, European stocks plunged in today's premarket trade over the same concerns. The official data showed that the number of people who died from COVID-19 surpassed 2,600, while almost 80,000 infected cases were registered worldwide.

Spot gold jumped 1.32% at 1:57 am ET, selling for $1,666.15 per ounce. At the same time, silver rose 0.95% to sell for $18.69 per ounce and palladium increased by 0.22% to $2713,52 per ounce.

On the other hand, platinum fell 0.54% a minute later, going for $972.40 per ounce.

Breaking the News / ND

European stocks plunged in the premarket trade on Monday as the coronavirus continued to spread across the continent, raising fear among the investors. Earlier in the day, Austria decided to temporarily stop train travel with Italy as the country battled the largest COVID-19 outbreak in Europe, with the virus cases surpassing 100.

The DAX sank 2.04% or 276 points at 7:31 am CET, while the FTSE 100 plunged 1.37% concurrently. The CAC 40 plummeted 1.85% one minute later.

The euro traded 0.28% lower compared to the dollar, selling for $1.08190 at 7:30 am CET. At the same time, the pound dropped 0.20% against the greenback to go for $1.29353.

Breaking the News / ND

You are correct

https://www.bnnbloomberg.ca/stock/CEE:CT

Mrtibbles I did a very primitive search yesterday attempting to discover Centamin’ all time highest share price. I came up with;
190.50 13th April 2017
and
190.80 17th September 2010
Are you aware of the pps ever being any better?
Thank you for all your posts and any response to this question.

For Apple users. There is an app called Google Translate, if you download it, you can cut & paste any long posts like the two Mrtibbles posted and by hitting the speaker icon the app will read the post to you. Makes life easy.
Just thought I’d share.

....how can anyone take profits with such recommendations being banded about?
With the (new to me) shortage of gold still in the ground the risk now isn’t staying in the share at £1.50’s but being out.
Sell at £1.60 and up pops a Barrick bid!

Although gold demonstrated a slightly different experience on Friday suggesting the current run may be spent, I think because Centamin are Demonstrating good form as a company having seen off Endeavour’s endeavour and also because after such a strong move with gold Cey only managed to better the 52wk high by pennies I think there’s more to come. It would be great if something were to happen thus giving the current run more momentum leaving us with more profit and stronger evidence that a pullback is more likely.
Damn hard to know... all eyes to gold price prior to EU opening 7am Monday.
What a week though!

Currently + 1.70% $1647.24

High of the day $1649.21

£1.55.30

Sorry...

The X–Div Date is 21/05/2020

dividend per share. USD 0.06

Declaration date the 14th of the first 2020

X dividend date the 24th first of the fifth 2020

Pay date the 12th of the sixth 2020