Member Info for Supercharger

As we have kept on and on, this place with Acacia is a VERY GOOD PLACE TO BE at the moment. -Happy days for those that held out.
Also Barrick now over Usd26 a share and rising!!!

I see we are still rising and recovering our position here. It is looking like we are gaining a longer term momentum.

Unbelievable - We should see our share price here for HOC moving up fast when the FUND MANAGERS see this for themselves. I know M&G used to be one of the biggest investors here at one time. Hold your shares they want them.

Silver up now an unbelievable 36.78% in Sterling with Sterling falling against most currencies. It is also 63.85% for the past 5 years. This has only just started to transfer over to this share price that should keep running higher, infact I am surprised as Hoc are the largest Silver miner in the World that the rise has not been greater. This must be a strong buy stance and I see soon the large fund manager coming in here.

Gold up, Sterling down and all the political and world trade uncertainty helps explain why we are moving up fast with our share price - great news for all precious metal miners and whats more CEY. shareholders. Hold fast and lets see where we go.

Gold up to USD1532 and rising, sterling falling and we are top of the charts for the ftse 350 (unsurprisingly). This is the safe haven to be.

Thanks Mizo for your perception - Your own survival on the diet of beer and pork scratchings must be the key!!??
Hopefully later today my fortunes will change. ATB.

I see this as advantageous for Hochschild and what with sterling falling earnings should increase. For the time being a good place to be here.

At the moment I am heavily into the precious metals and will see gains this week from all of the uncertainty. Once the economic conds change I will be more than happy to support the banks and the economy grow which will help everyone else not invested in safe havens. I am pleased my investment strategy can help others as well as my own interests.

To be honest the Chinese people I know I like a lot. I know here I am with them too. They are very good mathematicians and usually good cooks. I feel the USA are very afraid of them and it is reckoned within 16 years they will be the largest economy in the World overtaking the USA on numbers which is no doubt part of the American problem. As a trading nation stuck in the middle we could do well from both. However in 20 years I might be travelling to get my local paper on my disability scooter if I am lucky!! Have fun ATB. I see this as a very interesting week for Gold and hopefully the Gold/Silver Miners.

Reb - If you were not in the Country I can can see you were not with the desert rates more the city variety, and good on you. Perhaps you could market dead squirrel as it could save the meat crises and certainly there would be less bull ****. You certainly have a medal from Mizo for nearly choking on his Porky Scratchings - now that's a Sunday lunch to be proud off- which did make me laugh!!! Here's to hopefully a better wind up next week with the Gold price.

My Mum and Dad had to live through the blitz in London and my Dad was bombed out. He best mate was machined gunned down as the German Bombers used to time some of their raids for when the Children would be in the School playing fields (about 10.30am) they would come up the Thames under the radar, and then up over Annerley Hill and down the other side after they had dropped their bombs with their Machine Guns blazing away. Least we forget. One thing Hitler also did was to dilute Gold by watering it down and that's why commercial Gold held in Banks can never now be proven to be 100% Gold and why Insurers use for settlement of claims other means of calculations using Gold as a means to calculate of at least 98%. when converting, Regrettably true.

See link :-
https://www.bloomberg.com/news/articles/2019-09-01/u-s-tariffs-against-china-due-to-take-effect-sunday?srnd=premium-europe

https://www.bloomberg.com/news/articles/2019-09-01/u-s-tariffs-against-china-due-to-take-effect-sunday?srnd=premium-europe

I won't go into my career but all loyalty has gone. I was was being stitched up by my peers (who I felt were not as good as me) so instead of fighting them I secretly upped my pension scheme and put far more in (with all the tax advantages I could get) so that I could get out and retire early. It was a good call. Leaving on my terms and not theirs. If you are aware your opportunities are less the modern day worker has to adapt, apply for other jobs in advance and sometimes take a gamble if you can. i.e. even take a less paid job if the opportunities for the lesser job are better long term. Loyalty has gone but there are far more choices today than ever. I am now hardened by the way I was treated but it made me more determined to succeed. If one door is closing try and find another one opening they are there believe me. I.e if one job closes because of our independence another line of work increases. i.e. Airport security, border security, Policing, tourism in Uk coming in to the Uk if the pound falls? It is amazing once one casts their mind to a wider vision. Good luck - I hold no prejudices -but please try and be creative to help one's self and ones family - you can do it. I did.

https://www.bloomberg.com/news/articles/2019-09-01/u-s-tariffs-against-china-due-to-take-effect-sunday?srnd=premium-europe

I hear many only didn't vote for the Eu's previous deal as it contained the backstop. This was not effectively allow us to leave the Eu as it was tieing us in. If that was removed then we could leave with the "compromise" that is on the table and would allow us to complete trade agreements with the USA and others. They will not sign up to a trade deal with us being member of the EU. I have just heard on the news the EU still want to tie us in to their club and will not remove the "backstop" a border that we will not close anyway. The EU have a lot of blame here to be honest.

For Mr Corbyn and others who do not want to leave without a deal, and would not vote for the deal on the table earlier. Can I see your deal now please as we are running out of time. Mrs Mays so called deal was in fact put forward as a compromise by the EU and Mr Corbyn would not even discuss it. As we are short of time can I see Mr Corbyn's deal please. i.e. We can then vote for no deal which is what parliament finds itself in, or we could have a deal if Mr Corbyn can tell us all what his alternative is please, as we are already in extra time and the EU have said use the time wisely. I hope he has. I think we are now going to a Golden goal rather than penalties? We need a conclusion either way as I understand we do already have a number of trade deals in the wings waiting for a conclusion. The USA and Japanese are two Countries ready if we leave.

Mr T - I am surprised by the amount of support you have earned here -don't give up the CEY fight.
Have a breather today organising your thoughts for next week's Gold potential movements and come back steaming in with your thoughts on the subject of what you can see for the future of Gold and CEY.

As Sotolo says Isa, there any many influences that affect the price of gold. Demand is one, but there are many others. Gold is looked upon as a currency in its own right, and one that does not pay interest. So if interest rates affect the demand for a domestic currency as to whether it rises or not, it can also affect Gold in that it has no interest to lose and so is worth more when interest rates are low or lowered. Lower interest rates encourage growth but will also increase inflation risks. Higher interest rates make the price of money greater for a given economy reducing growth but will make the same given currency worth more until inflation is taken into account. Gold can also be used therefore as a hedge against inflation. If Stocks fall then bond yields are likely to increase in comparison and quite often bond holders will buy ETF'S such as Gold. The USD is also looked upon as a safe haven, as is Gold. At the moment we have a trade war between USA and China affecting tariffs on trade. Stocks have fallen, and the USD has risen in comparative terms as a safe haven. However the US Fed have just cut 0.25 off their rate, the President of the US is trying to get them with political influence to reduce rates even more to encourage the US economy to grow and to make US products being exported cheaper to compete on trade and in particular against the Chinese tariffs imposed on US good being imported. In the same way Mr Trump has accused the Chinese Govt of manipulating their own currency to make it cheaper and negate the effects of the US Tariffs. We are currently in a good place for high/higher Gold prices and what with all of our own UK problems sterling is low against the dollar. As Gold is rated and put a value on it dollars when we convert our profits from USD to GBP we are therefore are in a very good place at the moment with CEY and that is why I rate it as a strong buy.