Fresnillo Share Discussion Threads

[ukgeorge] 14/7/2017 14:16

yep roll on £20 + in a few months. Quality company

[bonio10000] 14/7/2017 13:56

US retail sales falling over.

All slowly coming to a boil.

[bonio10000] 14/7/2017 10:40

A very pointed comment.

[ukgeorge] 14/7/2017 10:38

Good point. :)

[jimbowen30] 13/7/2017 14:17

SHOCKING: CEO of the CME Tells Fox Biz “Gold Should Probably Be At $5-$6k/oz”
Posted on July 12, 2017 by The Doc

WHY would the CEO of the CME state this on live TV?? Is it because he now expects much higher metals prices in the months ahead and he wants to front-run them with his “analysis”? Is he tipping off The Banks that their games are almost over? Does he know about the “reset” that Andrew Maguire has been referencing?

Submitted by Craig Hemke:

A few moments ago on Fox Business Channel we heard someone proclaim that “given all that’s going on the world, gold should probably be $5,000 to $6,000 per ounce”. Who actually had the gall to say this on live television? You won’t believe it unless you see it for yourself.

So, here you go. This is Neil Cavuto discussing the “markets” with Terry Duffy, the one and only CEO of the CME Group. The first five minutes are the standard boilerplate of Fed policy, etc and blahblahblah. However, at the 4:55 mark, Cavuto asks:

“But we haven’t seen money move into the metals….what is going on there?”

To which Duffy answers:…….

Well, you’re going to have to hear it for yourself to believe it. Again, fast forward to the 4:55 mark and have a listen.

And so we have a fun discussion point for this thread. Namely, WHY would the CEO of the CME state this on live TV?? Is it because he now expects much higher metals prices in the months ahead and he wants to front-run them with his “analysis”? Is he tipping off The Banks that their games are almost over? Does he know about the “reset” that Andrew Maguire has been referencing? Is he just simply clueless as to WHY price is only $1220? (This I highly doubt.)

So, again, what explains this sudden bit of candor from the CME? If anything, you might want to bookmark this thread for future reference. If indeed the physical market is soon to take over as Andrew Maguire suggests and if indeed price is about to reset multiples higher, it might be fun to refer back to this day when the CEO of the CME openly suggested that “with all that’s going on in the world, it (gold) should probably be at $5,000 to $6,000 per ounce.”

[bonio10000] 12/7/2017 15:19

Yep - keep accumulating.

Oh - and add in all the PIIGS, France, Australia, probably the UK (defo if Hezbollah get in) etc etc.

[topicel] 12/7/2017 15:18

Like we didn't know that bonio, eh?!

If the market could just stop and think for one minute, it would know that with the US debt mountain where it stands prior to it becoming front and centre again in the next few weeks as the debt ceiling is broken through and the usual charades and spectacle of Government shutdowns hits the MSM, that higher interest rates would break the US economy.

They haven't the growth and income to pay their debts. So she's really telling it like it is but still everyone acts surprised...

Topicel

[bonio10000] 12/7/2017 14:23

Game over for the FED.

Yellen: "the federal funds rate would not have to rise all that much further to get to a neutral policy stance"

Yellen: "the longer-run neutral level of the federal funds rate is likely to remain below levels that prevailed in previous decades."

[ifthecapfits] 12/7/2017 14:20

Yellen doing the trick it seems.

[ifthecapfits] 12/7/2017 09:08

Translated to "is anyone there?"......

Does look like higher lows doesn't it. Be interested in a chartists view if anyone is able to produce?

[topicel] 12/7/2017 08:52

Eh?

Does that translate as higher lows?

Topicel

[ifthecapfits] 12/7/2017 08:25

.. ... / .- -. -.-- --- -. . / - .... . .-. . ..--..

[ifthecapfits] 05/7/2017 15:08

Up by the looks of it. It certainly moves quick when it wants to....

[bookbroker] 05/7/2017 13:33

Where is this heading, that is the question!

[topicel] 04/7/2017 10:13

Methinks that is a diversion. Qatar and the threat to oil with that local spat is more likely to exercise the US.

Never forget Trump is largely a puppet as the petrodollar is, and has been, the cornerstone of US policy since the early seventies. The trouble there could reignite inflation worries if the oil price gets toppy again and, we all know how helpful to PMs that is...

Not that inflation isn't already present above the official levels, but the markets only care about the headline numbers - a bit like the employment data.

Now both a NK ramp up and Saudi/Qatar would be interesting...and all on the Fourth of July!

Topicel

[stevenrevell] 04/7/2017 09:27

Trump is stupid enough

[ifthecapfits] 04/7/2017 09:24

All hell will break loose if he does. What then for S.Korea? Is Trump even that stupid......

[stevenrevell] 04/7/2017 09:19

Trump will have a go at korea

[ukgeorge] 03/7/2017 17:43

its quite worrying for the precious metals at the moment. The dollar has been falling yet prices have not risen. Today the $ bounced back and precious metals have been hit hard. If the $ continues gold will no doubt suffer.

We could do with trump doing something stupid...

[ifthecapfits] 03/7/2017 16:02

I'm going to be stopped out at this rate. Not happy giving up all those gains. ce la vie.

[ifthecapfits] 29/6/2017 13:50

and defo not today :(

[ifthecapfits] 28/6/2017 15:03

apparently not :(