Centamin Share Discussion Threads

[stevedaytrader] 17/8/2020 14:43

Haha- a good day on CEY all the same :-).

[rose_by_another_name] 17/8/2020 14:29

Yes, gold will definitely go up.
Or down.
Or maybe stay about the same.
I think that covers it.

[azalea] 17/8/2020 14:02

At the current rate of the rise in the p.o.g, $2000 by end of August?

[trader536] 17/8/2020 12:24

Umatingytribe if you look back thro the thread you’ll see Kenny the clown is a very inexperienced trader. He started investing his 800 quid inheritance only 2 years ago.

His LinkedIn page shows he worked at Billy Smarts Circus pre pandemic, but more recently he’s head of trolley collecting at Tesco in Skegness.

[azalea] 17/8/2020 11:39

Alasdair Macleod 15/8/2020
Empirical evidence suggests that once initiated, a fiat currency collapse happens in a matter of months.
Today, the F.R. has tightly bound the future of financial asset values to the dollar -one goes and they both go. The credibility behind asset values is already stretched to the limit and the inevitable collapse, taking fiat money with it, is likely to be sudden.

[azalea] 17/8/2020 10:34

Umat--
Each to their own, for whatever their purpose. I understand the logic of what P.S. is saying and I believe that the p.o.g. will reach well over $2200 in 2021. Peter Parnes35 on the 'Really Useful Gold' thread has given a link to an article which sets out a comprehensive economic scenario for fiat currencies and gold, written by my favourite author on the subject- Alasdair Macleod.

[larry laffer] 17/8/2020 10:10

Bid results for new licenses are Out mid September

[wallywoo] 17/8/2020 09:49

Didn't Egypt have a auction for new Gold permits in the country, in May 2020? I think CEY applied for a few, anyone know when they are due to hear? Would be good if they picked up some more opportunities (hopefully close to existing mine, since Sukari was a £1B investment and took years!).

[kennyp52] 17/8/2020 09:45

Azalea ... what you are saying is effectively manipulation of the market and if true illegal . I think you are just following the crowd and have no skills in assessing a share .

[arja] 17/8/2020 09:40

shows how bad a trader he would be but can not argue with his value based methods

[azalea] 17/8/2020 08:57

Peter Schiff in his most recent podcast said that Buffet's purchase will inevitably give a lift to the p.o.g.,because pension fund managers who stuck to investing in general equities for fear of getting fired if the strayed from the mainstream path and lost money by doing so, are now in fear of being fired if they lose money by not following the new trend led by the Sage of Omaha.
The question on most commentators lips is, why after a decade of publicly discounting gold as an investment, has W.B. done a 180 turnabout. Could it be that he sees the storm that is about to erupt in the gold market vis a vis Comex, an issue that I think will come to a head in September.

[redbaron10] 17/8/2020 07:39

Pog ticking up overnight.Let's see if there is any 'Buffet' effect in gold miners sps this morning.Barrick rose in after hours trading post the announcement by Berkshire.

[azalea] 16/8/2020 11:49

sotolo
AM forever? Since when and where?

[kennyp52] 16/8/2020 09:03

Azalea...why don’t you start a thread “POG which way will it go” ... then talk about gold to your hearts content . Your ramping of gold on here is incessant and boring . CEY is about far more than the price of gold and production is the most important factor on share price action . If you was anywhere near right POG would be through $2,200 by now .

[sotolo] 16/8/2020 08:56

AM has been saying the same thing for ever. Some days he is right.

[azalea] 16/8/2020 06:36

darrenp746
A very interesting read indeed, many thank.

When one puts the contents of this report, and the views expressed by Alasdair Macleod and more recently Andrew Maguire, together;its difficult to ignore the strong likelihood that in the next few months the p.o.g. is going to take off.

[darrenp746] 15/8/2020 13:26

Interesting read on the subject

[azalea] 15/8/2020 09:49

crismcglone
The F.R. does not hold gold, and albeit highly unlikely, the only way institutions could intervene in the run on gold would be for those holding physical gold to sell it. That said, I doubt if they would have sufficient stocks to make any difference to the present situation.

[azalea] 15/8/2020 09:30

juju 351
Was it not you who said EXACTLY the same thing about Alasdair Macleod. Can you provide dates to support your statements?

[redbaron10] 15/8/2020 06:42

So Mr Warren Buffet buys into Barrick Gold I see.One of the World's most successful investors and influential ones,now regards a gold miner important to Berkshire's portfolio.Says it all really.