Altyngold Share Discussion Threads

[andydaf] 04/4/2023 15:49

10 million bond just gone through on the AIX.Thats all the funding in place just need the expansion plan to go well.GLA

[excellance] 04/4/2023 15:40

Yup, clean audit report will be nice, but we can't change the post code.

Gold flying on dismal US jobs data, turning the market towards lower interest rates.

[sloppyg] 04/4/2023 13:55

I think we need a clean audit report end of this month first....

[excellance] 04/4/2023 13:15

In terms of balance sheet, altn have done more than enough to satisfy institutions.

[quinan] 04/4/2023 13:08

Looks like someone is building, probably put an order, some days back. could be very interesting if it's an institution.

[nevgroom] 04/4/2023 11:54

Another c£10k today..........

[excellance] 03/4/2023 16:35

Been on holiday again.

[nevgroom] 03/4/2023 10:54

7th day in a row we've had a c£10k buy - PI building a nice holding?

[researchcentre123] 03/4/2023 10:27

Excellence what's happened to your hourly posts? I'd have thought you'd be full of excitement given the gold price

[pensionplanner] 28/3/2023 08:10

Not scary, maskirovka at its finest.
We see on the news the marvellous technological and medical advancements humans have made, but in other areas we have not progressed at all.

[excellance] 26/3/2023 15:19

Russia is to deploy battlefield nuclear weapons to Belarus, justified by the fact that the USA has deployed similar weapons in allied states for decades.

Xi says that "all nuclear powers should not deploy nuclear weapons beyond their own borders"

Scary times.

[pensionplanner] 26/3/2023 15:01

excellence

Confiscation not just way back, but Executive Order 6102 in U.S. 1933.

Sadly I went fishing and lost it all at the bottom of the ocean. Can't remember the coordinates. Getting on a bit and the memory is failing, or to use the standard MP defence, "I CANNOT RECALL"

[excellance] 26/3/2023 09:33

Silver is great for so many applications, many of which are historical, such as photography, mirrors, and silverware, which are all out of favour.

Silver is historically relatively very cheap compared to gold, but it's cheapness means new uses are being found.

As with all precious or bullion metals they can be confiscated by decree as in Louix 14 when he confiscated all privately held silver, or the US in the 1930s where they confiscated all privately held gold. Since then the gold standard was abandoned but gold is still held by all central banks.

[pensionplanner] 26/3/2023 08:47

Gold and silver physical should in my opinion be within every portfolio. Balance the portfolio you balance risk.

Silver becoming more and more prominent as an industrial metal both in terms of conductivity and its anti viral anti bacterial agent, let alone electrification.

[excellance] 23/3/2023 19:57

Gold hitting resistance at $2000

[researchcentre123] 23/3/2023 17:21

Silver ingot dividends wld be ok too.....

[excellance] 23/3/2023 16:53

There is a little silver

[pensionplanner] 23/3/2023 16:45

Won't matter too much except we'd have to get paid a lot more dollars to compensate for any dollar decline. As a shareholder I'm happy to get a dividend in gold (tic).

Still wondering about byproducts produced, as it would be very unusual not to have a byproduct resource in gold production.

[excellance] 23/3/2023 16:28

So, with ALTYN paid in US dollars by the Kaz government, would we prefer a different arrangement?

[excellance] 23/3/2023 16:26

Xi is meeting central Asian leaders, including Kaz.

He's also been speaking with BRIC nations, and I understand Mexico now wants to join.

If Renminbi is the new reserve currency for the world's major resource producers, and note the recent warming between Saudi and Iran, and I can see the dollar reduced to a regional currency like the Euro.

The BRICS originally wanted a basked of currencies, perhaps linked to gold, but I think Xi will release a solid currency plan soon.

[pensionplanner] 23/3/2023 16:16

Agree and that day may be fast approaching, where gold and silver have to be reappraised as a store of wealth and tied once again to currency, giving that currency at least some meaning.