If you would like to ask our webinar guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.
Hi bassguy. I certainly do not remember GGP having 200 old accessible high grade goldmine workings from surface, but I must say they certainly have the ability to talk their SP up. I cannot believe they have not all shifted over here but I am busy putting the signs out !
The more I analyse the bosses buying shares the more I come to the conclusion that it is giving us a massive buy signal so as a man of action I am busy in the workshop painting signs and arrows �herd - this direction� , �no stopping for stragglers � and �big pot of gold over here�
Cannot be long now before we start to receive a steady stream of drill results that should help the SP. Just bought at .428 - Andy makes the ones you bought at .32 look a bargain.The time you spent searching down the back of your settee was time well spent! But I still feel they would be cheap at a penny a share.
If you want to read more - http://goldsafe.co/china-bring-back-gold-international-settlement-new-oil-futures/
An international market analyst believes this could be a monumental moment for gold - China�s introduction of the gold backed petro Yuan is the beginning of gold standards for trade in a new form. Gold is becoming less of a commodity and more of a currency as the contract is backed by nothing other than gold. If this move takes hold, gold has the potential to go up by several folds. In the first two months of trading the petro yuan accounts for 12% of global oil sales already. All adds to the excitement of the Calidus adventure in which Keras are invested! GLA
Novo has first results of bulk samples - very encouraging - http://www.novoresources.com/_resources/news/2018-05-31.pdf
Hi Devon Here is my take on it - What we do know is that the gold came up from about 20km down, and takes the easiest route to surface. Hopefully 3-D modelling will give us more idea. Generally there was plenty of positives to be going on with. Definitely going in the right direction and in times like these I certainly wouldn�t want to be in anything other than gold. GLA
Libor is to be phased out by 2021 to be replaced by Sonia. It will affect over 370 trillion USD in contracts tied to libor. At the same time I would expect the world to go digital but backed by gold! It can only be good for gold!
This story is steadily getting bigger and better by the day with confirmation of conglomerates - has got to be very positive for the long term, consider it another bonus. The deep drilling - the gold will still be there just been nudged out of the way. Plus tenements have been granted, reconnaissance drilling on Saint Georges shear, geologically similar to the Klondyke shear. Plus numerous other targets and obvious confidence that we will easily top the 1,000,000 ounces so at the moment my cup is overflowing and yet more good news - chickens just laid first egg !
Thought you might be interested to watch this video about the geology of the Pilbara - it�s right up our street, clearly shows how our neck of the (woods) Pilbara formed - https://www.youtube.com/watch?v=QWFa5Mf3h_Q
Daisan At the moment I would not consider putting my money into any major stock market. I would compare that to playing Russian roulette. Deutscher Bank on oxygen with 50 trillion in dodgy derivatives mainly based in Venezuela which we know has gone bust and the 10 year US Treasury topping 3% I would rather put my money in gold which we know holds its true value - in Venezuela now for just 1 ounce you can buy a house
Daisan - looking at the S&P and the Dow (as gold is in dollars) they seem to be in a steady decline even after 2 trillion in tax cuts didn�t stimulate the economy enough so now all US citizens earning less than 52,000 a year now getting their tax back as well. After that I guess it really will be helicopter money next - anything to keep the system going a little bit longer. It really does need to go back to a Gold backed currency you can trust and I guess this is why all central banks are stockpiling gold as fast as they can
Lots of talk of gold price coming down but if you look at the US national debt Clock you see that the price of gold is now up at a staggering $4739 per ounce Dollar to gold ratio Gold over time always holds its true value !
Gold price. The real reason they are knocking the Gold price so hard is because of the US 10 year treasury note going well over 3%. Why risk your money in the stock market when you are guaranteed at least 3% with what is perceived as no risk? Also, if the Gold price was allowed to show its true value this would be the final nail in the coffin for the massively over inflated stock markets. With central banks buying gold as fast as they can IMO now is the right time to be buying as fast as we can.