Anglo Asian Mining Share Discussion Threads

[jeanesy] 23/4/2020 14:01

TSG results out WAN. I can't remember if you are still in those. I think CMB is . I decided to buy a small ammount back in today. I'm hoping its past mistakes on LOM dont happen again. Just need POG to show some strength.

[brasso3] 23/4/2020 13:44

Another 2% of the US workforce out of a job!

[lefrene] 23/4/2020 13:43

MM's can have mine for 500p :¬)

[qazwsxedc69] 23/4/2020 13:36

MMs Desperate for stock....

[wanobi] 23/4/2020 13:35

well well well Rb, so it is :-) LOL at last :-) GLA holders, cheers Wan :-)

[riggerbeautz] 23/4/2020 13:34

AAZ about to take flight?

[mattjos] 23/4/2020 13:34

but AAZ should rattle on to £1.45 now

[mattjos] 23/4/2020 13:33

excitement over .. jobless figs as expected

[wanobi] 23/4/2020 13:29

many thanx for heads up Stig, cheers Wan :-)

[wanobi] 23/4/2020 13:28

many thanx Bumpa, cheers Wan :-)

[mattjos] 23/4/2020 13:23

USA jobless claims in 8 mins .. Gold has been creeping higher for the last 2 days

[the stigologist] 23/4/2020 13:22

If I'm correct we get news next week on C4XD being the next big COVID19 play

[mattjos] 23/4/2020 13:21

zip online

[lefrene] 23/4/2020 13:20

Thank you 2sporrans,

that of course was one country when the rest of the western world was functioning fairly normally. If the current scenario gets out of hand, the whole of the western economy will be hit at the same time. One would like to hope that somewhere behind the scenes someone in power is formulating a 'what if' plan.

But given how we have arrived where we are after 2000, and 2008, there's plainly no one minding the shop, the PPE scandal only highlights the paucity of competence of those we entrust to run things.

[klosters65] 23/4/2020 13:12

Your boredom acted as a catalyst.Finally the bid has gone to 125p.

[crazycoops] 23/4/2020 13:12

Hurrah, the spread narrows to 5p. I doubt it will last

[mattjos] 23/4/2020 13:11

wont hold it back now

[riggerbeautz] 23/4/2020 13:00

No problem KK i’m a bit stuck on doing much other than outdoor builds or chores, so bit more time than usual to look at these things. Seems a good guy this pomp.

[kickingking] 23/4/2020 12:41

Thanks I will have a look more of his videos when I have time. Did not know that he was interviewed on kitco.

[bumpa33] 23/4/2020 12:36

tentatively looks like seller may be done - or very close to - at 4d now, not much on the offer. 611k print went through earlier.

[e43] 23/4/2020 12:21

Ive had a few lots at 127-128 this AM,but seems to be a larger seller at 125 holding price back in thin vol,thats with gold nudging $1730!

[2sporrans] 23/4/2020 12:03

Lefrene/WW

It's interesting to look back at the great reset the Weimar admin. fixed [successfully], after hyperinflation had destroyed the value of the Reichsmark:

The new currency [The Rentenmark - Gold backed in as far as backed by Gold Bonds}:

"On August 30, 1924, a monetary law permitted the exchange of a 1-trillion paper mark note to a new Reichsmark, worth the same as a Rentenmark. By 1924 one dollar was equivalent to 4.2 Rentenmark. "

The Debts
[The German Guvmint was bankrupt having borrowed massively to pay for the war, then incurring huge reparations bill on top and ended up defaulting in 1922, leading to the Ruhr occupation by the French.]

"Eventually, some debts were reinstated to compensate creditors partially for the catastrophic reduction in the value of debts that had been quoted in paper marks before the hyperinflation. A decree of 1925 reinstated some mortgages at 25% of face value in the new currency, effectively 25,000,000,000 times their value in the old paper marks, if they had been held for at least five years. Similarly, some government bonds were reinstated at 2.5% of face value, to be paid after reparations were paid.[22]

Mortgage debt was reinstated at much higher rates than government bonds were. The reinstatement of some debts and a resumption of effective taxation in a still-devastated economy triggered a wave of corporate bankruptcies. "

From;




So, a 97.5% Haircut on the Bundesbunds - best case!

[mad foetus] 23/4/2020 11:47

Sales going through at 125.1 so wtf isn't the bid 125? How is the market working here