Highland Gold Mining Ld Share Discussion Threads

[srpactive] 26/3/2018 13:47

Looking better, dyor.

14.37 Edit, gold through the $1350, fingers crossed for
a good close later, dyor.

Edit 13.57
Gold $1354.5 if it can break $1357, it would complete a
new one year high based on kitco, dyor.

Ignore this post.

active

[loganair] 26/3/2018 08:52

Slightly off topic:

With the opening today of Oil Futures being traded in China in Yuan is a big nail in the coffin for the so called Petrodollar.


The greenback will get weaker, as soon as other nations have a real credible alternative to it, Ann Lee, Adjunct Professor of Economics and Finance at New York University.

“It is more of a game changer for the US. As soon as other nations have a real credible alternative to the US dollar, they can dump dollars and switch to the yuan which can spark a dollar crisis. If that happens there will be inflation from the flood of dollars,” said Lee.

[srpactive] 26/3/2018 08:10

Morning this on kitco, dyor.

=================

And it’s not just about physical gold for Sprott, who noted that there is leverage in gold stocks. “A $100 increase in the price of gold would add 25%-50% to their profits. The stocks are basically at their lowest. The stocks [will] rally very quickly when they go. I’m positive,” he said.

[coxsmn] 25/3/2018 21:52

https://www.bloomberg.com/news/articles/2018-03-23/gold-s-good-week-gets-better-as-trade-war-ignites-haven-demand

[loganair] 24/3/2018 12:24

What I've been hearing is the next recession will be likely be a 1937 Roosevelt type recession rather than the one we had in 2008.

I understand that the 1937 recession was caused by the Private Sector reducing its debt whereas the 2008 recession was caused by credit which was growing by 15% a year then in 2008 credit went to -6%.

[stevedaytrader] 23/3/2018 12:49

Thanks :-)

[loganair] 23/3/2018 12:43

Other Russian gold miners are up today.

HGM down maybe because a significant amount of their revenue comes from other metals (Zinc and Lead) other than gold.

Their Novoshirokinskoye mine was originally opened as a Zinc/Lead mine with commercial amounts of Gold and Silver.

[srpactive] 23/3/2018 12:39

As another poster said the other day, being played.
Using the Russia angle, probably dyor.

Ignore my post.

[stevedaytrader] 23/3/2018 12:34

any ideas why we are down when others are up and gold is up?

[srpactive] 23/3/2018 12:32

Gold moving higher again, up $18, dyor

Ignore my posts.

[serabi_mining_srb] 23/3/2018 09:27

Huge RNS from Serabi Mining SRB

15 million USD investment at the current Share Price, to a single investor. Very low valuation considering its level of gold output. Results this month, last November showed a huge jump in cash to over 9.7 million USD. Rerate now undeway, and stock in very short supply.

Up almost 30% already....

[serabi_mining_srb] 23/3/2018 09:27

Huge RNS from Serabi Mining SRB

15 million USD investment at the current Share Price, to a single investor. Very low valuation considering its level of gold output. Results this month, last November showed a huge jump in cash to over 9.7 million USD. Rerate now undeway, and stock in very short supply.

Up almost 30% already....

[srpactive] 23/3/2018 09:15

B

No so wrong, each investor does what they want,
I have tried to amend your point.

[chipperfrd] 23/3/2018 09:05

The Fed is well behind with it's rate rises.
3m LIBOR is already at c. 2.2%, which is far more important in the real world.

[loganair] 23/3/2018 08:12

srp - GVC is known as a 'Human Addiction stock' and is therefore likely to do well in the current climate.

[bonnard] 23/3/2018 08:12

srp,

If I ignore all you say and do,
then I also ignore your sentence "Ignore all I say and do"
that means you encourage me to do what you do!!!!

[srpactive] 23/3/2018 07:55

L

Yes I have been investing as you know in gold mining hgm and
gamblers gvc mainly, so hopefully we hold something like
firm, dyor.

ignore all I say and do ( except this line ).

active

[srpactive] 23/3/2018 06:59

Morning all

Gold zipping in the right direction, hopefully
the small China tariff response will ease the
market, dyor.

ignore all I say and do.

Jordan, interesting.

active

[stevedaytrader] 23/3/2018 06:48

Loganair- yeson tarrifs and 4th hike. Also 2 key members of uk Carney mob hawkish on uk interest rate rises, and of course brexit. Equities down again and expect further gold up as expected. I think equity drop is overdone, we shall see, but bottom should be today- will be interesting morning, not quite sure what to expect for us today, keeping fingers crossed.

[loganair] 22/3/2018 22:08

Just a quick by the way, if you would like a holiday full of culture, good value and easy and safe to travel around I highly recommend Jordan as there is just so much to see and I liked their airline too....They also produce a pretty good drop of wine.

When it comes to Fed rate rises, what I've been hearing is any extra rate rises will be put into 2019 and 2020 rather then a 4th this year.

[haughtonhoney] 22/3/2018 21:45

loganair - a trade war isn't good for anybody. That and the global debt, Syria looking to pop, the disaster which is the current retail environment etc etc.....all makes a convincing case for gold.There remains the purely commercial reality of how a mass consumption globalist economic model based on ever more rapid replacement purchases can possibly work when mass consumers have less and less to spend.Don't you think?

[loganair] 22/3/2018 21:37

hh - DOW seems to be down due to uncertainty over possible US trade tariffs on China.

I heard that Household debt will likely cause the next recession and when it happens stocks will fall further than most people will think.