Chaarat Gold Share Discussion Threads

[juju44] 25/7/2016 09:12

Dropped the bid again . Hard to get excited about this dog

[richgit] 25/7/2016 09:08

I also consider what Supermarkets did for years,when looking at some of the true current below £5 Million market value Microcaps.

Supermarkets bought land and just sat on it on the basis they may need it some day.Then they were forced into similarly buying Commercial property to just sit on.

There will come a point when some cash piling producers will similarly buy
any reasonable resource potentials on the basis that one day "Gold anything" will be worth sitting on.

The window of such opportunism can close faster than the Dot-Com era destructed
so the time line isn`t that great.

I am digging the Back Garden.(lol)


IMHO

[richgit] 25/7/2016 08:56

The Central Planners can keep the game going for as long as they can obtain Gold
from(somewhere)to supply the Physical Buyers.
This will be a gradual yo-yo of up and down prices in the Fraudulent Comex versus Physical until they simply run out of Physical to support the mirage.

A huge warning to those buying- some ETF`s -as no doubt Gold will be stolen
from every corner to keep the scam going (until they cannot)

The problem they face is CEO`s of Gold producers are currently forecasting between a 3% and 20% drop in production with arguably now a 10 year gap of future new producing Mines,yet We know that less and less of World production
is actually coming to the Market !!!.

In time there will be a disorderly Market for Physical with the fight over what is available,which in my own opinion will mean that many Gold producing Countries will take more and more of their own Gold production into their Central Banks as the only Gold they can guarantee to obtain.That will be
the accelerating destruction of paper Gold over time

I daresay it all depends whether the most obvious source of possible Gold puking,ie Fort Knox,is either running on fumes or the US has a point beyond which they simply dare not go in releasing Gold that will never come back,especially Gold that is not theirs- but then the US will simply steal that
as is considered their constitutional right.

The Central planners and Bullion Gangsters cannot simply keep rehypothecating
Gold to a cash paid Physical Market that obviously does NOT buy Paper Gold.


Any whiff of Gold shortages will start a Panic from Sovereign buyers,that have already paid up to $1900,and only care about getting their share of more Gold.

We cannot predict how long they can keep this game going,yet the end game is
is a reasonable foresight whilst so many consider that 6000 + years of Gold
representing Real Money is hard to deny.

No wonder Euroland is dithering over their bleuprint of Bailins for Italian Banks,as Millions of Joe Bloggs still do not know how their money, and for many "life savings", is at risk.



A 10 year or more gap of new Mines,most certainly suggests that any currently proven resources on this planet that can be brought into production- will be-
as the eventual last man standing with such resources that are undervalued will eventually be valued through the roof in the fight over them (at some point).

There certainly aren`t many that Investors can target listed in London,as We wonder which will be the last ones standing in the next couple of years !!?

IMHO

[onedayrodders] 24/7/2016 15:20

Let's hope so gaaston .... The Shanghai exchange opening seemed to co-incide with golds recent move from 1100-1370 so hopefully another similar move from Japan.

[gaaston] 24/7/2016 15:17

Thanks for that, ODR, sounds bullish indeed

[casual47] 21/7/2016 16:17

Looks like sales was a brief flurry and few buys coming in last hour or so.

Probably "as you were, nothing to see here" by the end of the day.

[highly geared] 21/7/2016 15:20

Probably no indication of imminent action, therefore T20 peeps or rolled spread bets have sold?
Or ,await 6-7p placing announcement next week! POG also taking a breather.
Two steps forward...... Or should that be two steps backwrd......

[mortimer7] 21/7/2016 14:52

The sells started 43 minutes after the AGM commenced at noon.
Too much of a coincidence IMO. And worrying.

[casual47] 21/7/2016 14:45

"Or Dekel said something wierd at AGM"

I very much doubt PIs were attending the AGM and the current volume is more indicative of PIs being taken out.

[juju44] 21/7/2016 14:27

Dont think Golan is the man to ever deliver anything

[shapido] 21/7/2016 14:24

Or Dekel said something wierd at AGM

[shapido] 21/7/2016 14:20

I think it's stop losses being triggered

[juju44] 21/7/2016 14:14

Junk status arriving here

[pistonbroke1] 21/7/2016 13:43

Blimey bit of a sharp drop for no obvious reason!

[richgit] 14/7/2016 09:17

When most are fast asleep in the paper Gold Markets,Dracula is wide awake and active.

The problems with their balancing that day in day out see saw,is that Physical Cash Gold Buyers always have their eyes wide open.

Maybe they dumped Venezuela`s Gold into Physical demand-yet that wont last long.


Imagine our Pension funds buying those negative return Bonds,where maybe the only argument is a return of some money(worthless currency) as opposed to the fears of shoving it into excessively overvalued Markets.

I have instructed that my last remaining pension pot is held in the cash Market(earning zilch) until they come up with something I can believe will return more than zilch and doesn`t risk going minus as I am told it cannot be
invested in Physical Gold or any pure Gold/Silver investment vehicle

Of course the delinquent BIS put a stop to our Pension funds investing in Gold
to support the Confetti.

We also know that if all else fails for our Masters and their desperately required inflation- they may simply have to let Gold off its leash.


Or-Will they next print to infinity and risk a Weimar type situation.

We are in the hands of those that do not have a clue,and nor will "they"suffer
the consequences,as the likes of Mr Bernanke Bust join the Billionaires club,and no doubt all have their Gold vaulted in Switzerland.

So-will the UK drop the interest rate and destroy savers further ?

Keeping savings in Gangster Banks to return 0 and the risk of Bank busts or Bailins is hardly attractive.

The Paper Gold vs Physical is going to get vicious,yet as Physical runs out
there can only be one winner over time.

[highly geared] 13/7/2016 13:41

Agreed Casual ; it's about the worth of 5 million+ mineable oz of gold and its worth based on a completed DFS.I think the Chinese will want it come what may...

[casual47] 13/7/2016 13:25

The GBP-USD exchange rate should certainly help with any bid.

The asset is the reason to hold. The chart, actions of BOD as share price tumbled down and non-performance of CEO are the reasons to remain cautious.

[highly geared] 13/7/2016 13:17

Interesting if the Dow/ gold chart is compared over the last 50 years.
The last 5year trend is mirroring the 1955-80 cycle.
We are just commencing the most acute and strong bull phase following the 5 year bear market within the 25 year secular bull.
If it continues to mirror this, gold will accelerate beyond $4000/ oz in the next 3 years.
If this happens , we'll run out of numbers to value Chaarat. I await the 35p bid for the asset; reckon any time in the next 6 months...

[casual47] 13/7/2016 12:23

Tiny volume still

[onedayrodders] 13/7/2016 12:17

Chart looking better and suggesting nibbling and interest again.