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Chaarat Gold Share Discussion Threads
Showing 4601 to 4625 of 4625 messages
|TRUMP LIKES GOLD ~
The return of real money has made a triumphant re-entry into the US economy with the recent acceptance by The Trump Organization of gold bullion as payment for a commercial lease property. APMEX, one of the largest dealers of precious metals in the US, paid Donald Trump‘s company three, one kilo bars (roughly 96.45 troy ounces) of .9999 pure Gold as a security deposit for its newly-leased space on the 50th floor of 40 Wall Street, also known as the Trump Building.
Representing the first time in history that Mr. Trump’s organization has ever accepted gold bullion as a money payment, the transaction is truly groundbreaking. Not only does the property APMEX is leasing take up the entire 50th floor in Mr. Trump’s “crown jewel” of lower Manhattan, but the sheer scope of its lease agreement proves once again that using Gold as money is a solid and viable way to do business.|
|The chart represents overall sentiment towards Gold,which is back near its lows.
Yet- Russia confirms the East will keep accumulating Physical Gold whilst others merely quit their paper Gold.
Nobody that has accumulated their Insurance in paid for Physical Gold will sell it.
Others can sell paper Gold in the $Trillions but then what is any paper worth,most especially Paper Gold that may never deliver Physical to so many !! ?
Below - is why,yet of course confirmation of the truth was not around in those days
as they faced "The abyss" and Gordon the Moron was looking down the barrel of a 12bore as London`s Gold was owned by multiple owners (and still is )
No need to tell what happened after in the rise from $250 to $1900 !!!!
‘We looked into the abyss if the gold price rose further. A further rise would have taken down one or several trading houses,
which might have taken down all the rest in their wake. Therefore at any price, at any cost, the central banks had to quell the gold price, manage it.
‘It was very difficult to get the gold price under control, but we have now succeeded.
The U.S. Fed was very active in getting the gold price down. So was the U.K. ’
Sir Eddie George , Bank of England Governor, September, 1999.|
|Yes....even a "sure thing" is never a sure thing....best to not bet the house on it...|
|what a pathetic chart|
|Paper Gold is now assuming 100% that the Fed will raise rates in December,so hardly any engineered shock opportunity if they do.
We assume the Fed will,yet if they do not when expectation is 100% !!?
Whilst the Markets( The robots)promise Wall Street bonuses everything remains
as it was -
with ever rising sub prime car loans,credit card delinquency rising,and so far
Mortgage rates rising,whilst US Builders build for and pray for the
Chinese buyers ? that will never live in those properties,whilst the property flippers get very nervous and in many instances back out and accept their deposit losses.
A reminder of the property crash not all that long ago when the only buyers were
would be Landlord millionaires.
Simple truth is-the US near 80% consumer economy is ever reliant on a Bankrupt consumer and the Robots are pricing in too much, far too early,of what Mr Trump may achieve.|
|*looks at SP
|Good luck with your gold miner shares if you are holding out to 2025.
You keep being bullish on gold, saying e.g. gold will reach the dizzy heights of $5000 but are meanwhile seemingly blind/unconcerned/unbothered about what's actually happening to the shares RIGHT NOW where you are posting this guff.
Being long in gold is fine if you hold actual gold.
If you bet long on gold but do it via gold miners then you MUST take account of, you know, the reality of miners: apart from the very few "creme de la creme" (on which you don't seem to be posting) all of the miners are at a 90+% loss of value compared to last few years, have been hugely diluted and will probably go bust/get taken over at a pittance many years before your $5000/oz ever arrives.
But there's no point in saying this as you have been posting your spam undeterred for ages now....|
|Gold’s dwindling pipeline of new mines is poised to usher in a decade-long output slump, spurring prices and delivering a new impetus for deal making and industry consolidation, according to Goldcorp Inc., the third-largest gold producer.
Mine supply may fall about a third in the 10 years to 2025, according to Bloomberg calculations based on forecasts from BMO Capital Markets and Randgold Resources Ltd. The number of newly discovered primary gold deposits fell to three in 2014, from a peak of 37 in 1987, according to Melbourne-based industry adviser MinEx Consulting Pty.
The number of deals in the gold sector this year is the highest since 2011, as the metal’s price surge has spurred producers to trade assets to add production or to improve the quality of their mine portfolios. Goldcorp is reviewing opportunities for acquisitions or partnerships including in new discoveries and existing assets, both in the Americas and further afield, Telfer said.
“What we’ll possibly see is consolidation in the industry as a result, whether that’s a large company taking over smaller ones, a number of smaller ones getting together, or even two or three large companies being merged,” Ian Telfer, chairman of Vancouver-based Goldcorp, said in an interview. “No CEO wants to run a shrinking company.”|
|Indeed. They could offer less as despite being listed on AIM it's an overseas company and NOT bound by the takeover code...|
|If so very risky for any new pi folk wanting to get in. If Labro wants to submit takeover bid they could get away with only offering the maximum they paid....|
|Labro probably purchased 1m to add to their ever growing holding here. They have not purchased on the spike and have waited for this to fall back as short term holders exit because they lack patience.|
|Did someone say this was a no-brainer all the way to 15p?|
|Back to being shoite anyway which it always has been|
|Back to 5p?|
|Anti elite elections in Europe next spring may well shatter peeps' confidence in money|
That is up to investors and whether they wake up to where Gold (at some point)
restarts its true journey beyond $1400 then beyond $1900.
If CGH wont be taken over below 15p and that works its way to maybe not below £1 or £2,then it is a nice place to sit and watch events.
Those still thinking they can get more "volume" of their guaranteed safety 10p stock,may be very wrong.
On a positive note- unless Obama goes fruitcake- We may at least avoid Clinton`s
|Not sure why you bother posting this here --- CGH will be taken over / delisted well before it gets anywhere near $5000......|
|I have been following someone that got the Election result spot on.
Over the coming months with the deluge of hopelessness coming from Euroland to add
to the seemingly inevitable US recession -the Paper Gold scam is going to be harder to continue,whilst the Silver scam is an obscenity of JP Morgan theft !! .
Whether Mr Rickards is correct, or not,that there has been collusion to allow
China to get their Gold - it could become harder to hide as Physical gets scarcer.
I can see the logic that China does not want Gold soaring when they are trying to amass it,as soaring Gold brings in new masses of competing buyers for Physical.
It certainly is NOT the price of Gold that worries China (as they have already paid $1900) it is the price of Gold attracting others in a declining availability that worries China, when they still want more of it.
If they see their insurance Gold at possibly $20,000 per ounce then they certainly
aren`t bothered about paying $5000.
Smoke and mirrors !?|
|Has to happen for the goldies now|
|Gold up this AM on US news.|
|Jeez, in profit on my Sipp holding after 2 years. Sit and wait for developments to unfold I think.|
|I'll sit tight until at least they exercise the warrants at 15p.|
|took a chance and sold took a nice earner.|
|If this is Labro then things are looking good.|
|Exactly what we've saying for weeks since the placing and Labro stating their intentions. Off the radar of many|