Share Name Share Symbol Market Type Share ISIN Share Description
Caledonia Mining Corporation Plc LSE:CMCL London Ordinary Share JE00BF0XVB15 COM SHS NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 1,150.00 1,080.00 1,150.00 - 0.00 07:38:02
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 71.0 22.2 86.9 12.7 148

Caledonia Mining Share Discussion Threads

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The Real Reason Gold Is Up 25% In 2016
Friday September 02, 2016 11:12
(Kitco News) - Precious metals are a top performing asset in 2016. Here is a quick snapshot of gold and silver performance versus other major asset classes around the globe year to date.

Gold futures + 25%

Silver futures + 39%

S&P 500 Index + 6.72%

10-Year Treasury Yield + 1.60%

10-Year German Bond - 0.5%

US dollar index -3.39%

China's Shanghai Composite Index -13.4%

Japan Nikkei Stock Average - 11.1%

Europe Stoxx 50 - 7.7%

Sao Paulo Bovespa (Brazil) + 34.3%

Dax – Germany - 1.9%

CAC 40 – France - 4.3%
Performance data through Sept. 2.

Question: What is behind the massive outperformance in gold and silver in 2016?

Answer: Uncertainty

Uncertainty is the main driver for gold buyers this year, and that encompasses a great deal of macro-economic, monetary and political concerns. Here is a short list of factors that have unsettled global money managers worldwide in 2016.

The shift to negative interest rate environment. It has been estimated that nearly 500 million people live in countries with negative interest rate policies, which represent nearly 25% of global GDP. Global central bankers have turned to the negative interest rate experiment out of desperation and a last resort effort to turbo-charge sluggish, and debt-heavy advanced economies. What will the repercussions be? No one really knows = Uncertainty.

The US President Election. Recent polls show the presidential election race in the United States is tightening, with Clinton and Trump nearly neck and neck in some surveys. The stock market, economy and businesses do not like uncertainty. This is not the type of environment where businesses move forward with high levels of new investment in infrastructure, technology and hiring. Businesses hunker down, sit on cash and move into defensive positions amid uncertainty. Presidential election outcome and market impact: Uncertain.

Will The Fed Hike Rates In 2016? The latest round of U.S. jobs data underperformed, which has derailed expectations that the September Fed meeting is "live" for an interest rate hike. At this point, market analysts and policy makers are pointing to the December meeting as the likely date –wait for it –for the one and only interest rate hike in 2016. Wrap your head around that. The only and only rate increase in 2016 –if it actually materializes.

The current fed funds rate has only been marginally lifted off the zero-bound level, with the December 2015 interest rate bump of .25 basis points.

December is a long way off in economic, political and market terms. A lot could happen. Don't bet on a December rate hike. Interest rate hike in 2016? Uncertain.

Will The U.S. Slip Into Recession Before Monetary Policy Is Normalized? The odds are increasing that the answer to this question is yes, simply due to cycles and time. The current expansion cycle is old and long in the tooth. The average length of a U.S. expansion cycle is 69.5 months. The U.S. economy is currently in its 87th month of "expansion." What will the Fed do then? Negative rates, helicopter money, more quantitative easing? Uncertain

Brexit. While the initial ramifications from the unexpected Brexit vote have been muted on the global financial markets. The true economic and market impact has yet to materialize as the long and drawn out exit procedures must be followed. Impact: Uncertain.

Geopolitical Unknowns. These always loom large in our modern day society and could emerge from many points on the globe. Gold has proven time and time again to be a safe-haven amid military, political and economic duress. Geopolitics ahead: Uncertain.
Gold investors turn to the time honored investment vehicle as a traditional store of value and wealth. Physical gold buyers know and understand the owning the yellow metal has advantages over stocks and bonds. It has tangible value. You can own it and store it in your home. You can take it with you if you need to.

Uncertainty has been a great underlying fundamental support to the gold market in 2016, and that isn't going away anytime soon. How much higher could gold go? Uncertain. There's a lot of fodder ahead.

By Kira Brecht,

- central bank policies are going to “end in tears,”
- the best way for investors to protect themselves is through gold but not paying dividends
- so the smartest way is to buy gold shares that gives you a good dividend yield
- Caledonia is one of them... don't miss the boat :)

Tuesday August 23, 2016 16:58
(Kitco News) - Widely known Fed critic and Wall Street pundit Jim Grant says that central bank policies are going to “end in tears,” and the best way for investors to protect themselves is through gold.

“I’m very bullish on gold and I’m very bullish on gold mining shares,” the publisher of the popular “Grant’s Interest Rate Observer” he said Tuesday. “That’s because I think that the world will lose faith in the PhD standard in monetary management.”

However, Grant added that the yellow metal may not be the “best” for everyone.

“Gold is money and money is sterile, as Aristotle would remind us. It does not pay dividends or earn income. So keep in mind that gold is not a conventional investment,” he explained. “But to me, gold is a very timely way to invest in monetary disorder.”

The yellow metal has been under pressure as the Federal Reserve wavers on when the next interest rate hike will be. As expectations rise, the price of the metal falls and has been since late last week. December Comex gold futures last traded at $1,342.80 an ounce, down 0.04% on the day.

Grant echoed this message to Kitco News back in February, when he said gold would likely move higher in response to the “wrong-headed notions and policies of our central bankers.”

Canada $2.00 = 117p

UK MM's will adjust the price accordingly

Nasdaq US$1.49 = 113p
Climbing up parabolically
Nasdaq US$1.38 & Canada $1.78 equal to 105p - 106p per share in the UK... Monday morning opening price will be interesting :)
More and more Fund Management Companies build up their gold position anticipating the market breakdown

The fund also has been building up its gold position "in a conditional format," to ebb losses "should prices fall back from their recent strength."

The closing price in Nasdaq was US$1.3122 and exchange rate £/$ is 1.31

So, the mid price is due to be lifted up to £1 :)

Edison's valuation for CMCL is revised to £1.74 based on EPS US$0.235 (2016)

with next year's expected EPS to double ( US$0.468 ) the valuation may be as high as £3.50, which will be closer to my target of £4.00 - ish


Royal Mint sees surge in demand for gold bars and coins

By Brian Milligan
Personal Finance reporter

It seems the quest for gold is not currently limited to the venues of Rio de Janeiro.

The Royal Mint has said that it saw a "surge" in demand for the precious metal following the Bank of England's cut in base rates to 0.25% on 4 August.

During that week the Mint saw a 25% increase in transactions on its bullion website.

It also experienced a 50% increase in sales of gold bars and coins, compared with the previous week.

It is thought investors are turning to gold as cash and bonds offer diminishing returns, exacerbated by lower interest rates.

So far this year, the price of gold has risen by 45% in sterling terms, and 25% in dollar terms.

Record demand

"Although the stock market has been doing well of late, it didn't do so well at the start of the year, and there was a lot of volatility around the time of the referendum," said Laith Khalaf, senior analyst at Hargreaves Landown.

"That helps gold."

However he also warned that gold prices will not necessarily continue rising.

"It's worth pointing out gold is by no means a one way bet - in 2011 it was trading at above $1800 an ounce. It's an insurance policy for the rest of your investments and as such should make up no more than 5-10% of your portfolio."

Gold is currently trading at $1344 an ounce.

Earlier this week, the World Gold Council reported that global investment demand for gold hit a record level in the first six months of this year.

However consumer demand in countries such as India and China, traditionally among the strongest buyers of gold, was lower.

Kitco News -- Once a non-believer in gold, this financial advisor says he is now bullish on the metal and is eying the $1,800 level by year-end. 'It starts with my acceptance that interest rates will continue to go lower. It has been the main discussion for many years now, that there is a bottom in interest rates and they will start to go up. I don’t see that happening anytime soon. In fact the ECB lowered interest rates mid-2015, and Japan followed this year, so more than 500 Million people now live in an environment where saving money in a bank guarantees a return of less than their money,' says Craig Ferrantino, president of New-York based advisory firm, Craig James Financial Services. Ferrantino also coined the term the 'Mr. Robot,' effect - he says the world of cyber hacking and global uncertainty will only add to gold's rise. 'The U.S Elections, Russia and China aggressions, the Iran agreements and the Mr. Robot effect, all make for great uncertainty in the future stability of the world economies and has increased demand for gold,' he said. Gold prices ended the U.S. day session with modest losses in a two-sided trading session Thursday. December Comex gold settled the day down $1.90 an ounce at $1,350. (show less)
Good to see the on mine cost falling as production increases. It's what they predicted but always nice to see a company delivering on it's forecasts...
CMCL shouldn't be a penny share anymore
quick scan and looks like decent results, need to check hedging policy though later when I have time
Investors' rabid appetite for gold is showing no signs of abating, as figures from the World Gold Council show record investment in the first half of 2016.
The trend for exchange-traded funds (ETFs) to pile in to the precious metal, a classic safe haven amid uncertainty in the global economy and the search for yield, sent the price of gold (CEC:Commodities Exchange Centre: @GC.1) soaring by 25 percent in the first half of the year, the biggest price rise since 1980 . For the first time ever, investment, rather than jewelry, was the largest component of gold demand for two consecutive quarters.
Demand by investors set a record of 1,064 tons during the first six months of 2016. For comparison, this was 16 percent higher than in the first half of 2009, when the financial crisis raged.
At the moment, geopolitical uncertainties include: unrest in the Middle East; the fallout from the U.K.'s vote to leave the European Union; the U.S. presidential elections and the Italian banking crisis.

Individual investors, faced with historically low interest rates on savings accounts and concerns about the future of the economy, have also been buying up gold bars and other small gold investments like the U.S. gold Eagle coins – demand for which has jumped 84 percent this year.
On the other hand, the jewelry market was described as "anemic" by the World Gold Council.

Revenue, cash from operating activities, total assets, earning per share are going up.
Pound drops, BoE cut interest rate, more QE... those are good for gold and CMCL :)
The gold price looks heading to $1400/oz pretty soon

SP Angel
Today's Market View - Anglo American, BHP Billiton, Caledonia Mining, Herencia Resources, Gemfields, Savannah Resources
28 Jul 2016

Anglo American (LON:AAL) – Interim Report highlights stronger balance sheet
BHP Billiton (LON:BLT) 977 pence, Mkt Cap £57.3bn – Samarco update
Caledonia Mining (LON:CMCL) – Increased ore resource at the Blanket mine
Herencia Resources (LON:HER) – Herencia complete sale of Paguanta in nick of time
Gemfields (LON:GEM) BUY, Target 82p – shares look good value following pullback in stock
Savannah Resources (LON:SAV) – Exploration underway at lithium projects in Finland

new video at Proactive Investors is here:
closing price in USA and Canada was 92.5p last night :)... so we should see much bigger movement soon
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