Not correct. There are ETF's with direct holdings of physical gold, numbered bars, segregated, audited and cannot be lent or borrowed against. I've posted about it some weeks back. Paper ETF's absolutely... |
You are so right Mattjos I personally would not touch an ETF. |
from that article 2cmb:
"Holding the physical metals is expensive, risky and impractical. It is much easier to invest via an ETF..."
That is as maybe BUT .... you dont actually own the metal in an ETF. They will just settle you out for cash and not the physical.
If gold is revalued as part of a global monetary reset, you can be damn sure they will settle you up in cash ahead of that revaluation on the basis that they can not actually get hold of the physical.
I so not trust these sort of synthetic instruments .. not one inch. |
Copper on another tear today & Gold moving after the brief $2,900 re-test |
A bit of interesting post about Gold price currently. |
Market will catch on eventually that heightened Gold prices have risen and are still rising more so than Gold miners costs.
Seems that many people are concentrating too much on the day-to-day 'what will the Donald' do next, which has pretty much just been what he said he would do in his campaign - admittedly that is a peculiarity fir a politician to enact what he said he would but its surely been well telegraphed through the 2024 campaign trail |
DM #07721 383834 |
Couldn't resist buying a few more just now |
JB' No problem at all.
I have managed to do a nice top up in AAZ, thanks to the seller.
Better off investing in AAZ than buying gold bars at the moment. |
yay, Rachel's plan is working :-) LOLOLOLOL :-) cough, choke, splutter, gasp for air!!! |
Thanks cmb.
I don’t know about anyone else but on my local radio it’s non stop advertising offering to buy your gold etc. |
Gold up, AAZ down. |
free stock charts from uk.advfn.com
and back to planet earth Bumpa!!! |
many thanx Rb, I hope to do so as it's always gonna be, just a trade for me :-)
Cheers
Wan :-) |
Just took some at 114.17p of the proviso that all is well at Gilar!! If so then that should be a no brainer. Lets hope the access shaft isn't flooded or collapsed. |
Don’t forget to take some profit on any Bird spike Wan, the board stalwarts would have you believe they only ever buy ;) |
KZG news on neighbouring plot coming soon perhaps!!! |
B B Blimey ssb,,, BIRD is the word finally,,, today :-) :-) cough cough splutter :-) :-) yehaaa :-) |
Willy's podcast today very interesting re the end of the war focusing on geopolitics of this and on how the moral of Ukrainian troops maybe about to collapse completely, its nearly there already, as they work out that dying now will only be to protect Ukrainian minerals that Trump and Zelensky have agreed will be going to the US,$500 billion worth to be exact. Intersting thoughts on the consequences of this peace deal. |
Newly refurbished but not finished!
Zinc line to come
:)
Gotta love polymetallic ore |
Half way through Q1 now ... with every passing day, particularly with current metal price, the business is growing stronger and stronger + making further progress towards its project plans for Gilar and Demirli.
It's as simple as that ... no way the company would have forecast these sort of metal prices for 2025 so the cashflow modelling will be being upgraded every week.
Let's keep that newly refurbished plant running to the max & the cash rolling in to feed & drive the development programmes. |
FED, BOE, ECB have all recently cut rates despite inflation data that does not suggest this is the correct decision just now.
All desperate to try and foster more growth.
Againt this dynamic, Gold should continue to go well.
Assuming Trump & Putin agree a deal to end the war in Ukraine - Zelensky just needs to be told what that that is and not be involved in the negotiations then that might help calm prices for energy, assuming Russia sanctions are lifted and their hydrocarbons are allowed to flow freely once again.
On the other side of the seesaw, looks to me that Trump has greenlighted Israel to just get the job done once and for all and destory Hamas once and for all, else face this situation springing up once again in a couple years time. |
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