Highland Gold Mining Ld Share Discussion Threads

[loganair] 01/7/2018 13:08

I totally disagree, it is mainly oil being sold in dollars that is keeping the dollar going and thereby allowing the US government to borrow as much as it likes to cover its massive budget deficient.

In less than 10 years the US government will be spending more of their budget on paying interest on their loans then they will be on their military and by 2050 Interest payments will make up the largest part of US Government spending.

Why do you think the US government took down Saddam Husein and Gaddafi because both leaders where going to stop selling their oil in dollars. The US Government have lost Iran and may well lose Qatar as well.

It took a good 50 years for Sterling to lose it's reserve currency status against the US dollar. I think by 2050 the Chinese Yuan will have taken over from the US dollar as the worlds reserve currency.

I've been to both China and the USA and I felt far more 'Free' in China then I did in the USA.

When it comes to the Euro I think in the long term the currency needs to be split into the Euro and the Mediterranean Euro, thereby quickly allowing the Mediterranean Euro to devalue against the Euro. Why do you think in the past against the pound there was 160-190 Spanish Pesetas, 210-240 Portuguese Escudos, 340-360 Greek Drachmas and 3,200-3,400 Italian Lira.

Being the Mediterranean Euro, instead of just the Southern Euro would also allow such countries as Morocco who already have a fixed exchange rate against the Euro and Tunisia to join the currency.

[casual47] 01/7/2018 12:37

You mean like the EURO was slated to overtake the dollar?

The dollar is here to stay for a very long time yet. The dollar peg is real.

China's economy is a black box held within a secretive communist state, the EURO is built on sand as long as the EURO zone is not fully fiscally integrated (which imo is unlikely to happen - fiscally Greece and Germany are miles apart).

[loganair] 01/7/2018 11:22

I can see in the not too distant future we will all be talking about the price of gold in Yuan rather then worrying about the price in dollars.

[coxsmn] 01/7/2018 08:59

11 percent, there's also a risk gold could go higher, red lights flashing on the global economy. Italian default fears, or the mountain of dollar debt in China.

[11_percent] 30/6/2018 11:22

Looks like gold is going lower.

The low for this cycle in the share price is going to well under 140.

Definitely going under 137.......will buy at 135.

[11_percent] 30/6/2018 11:18

Monthly Closing for June 2018.

In gold, a closing below the May low of 1281 on the nearest futures will also signal weakness. Resistance in gold will stand during July at the 1309-1311 level with initial resistance at 1289 with support at 12 35 and 1214.

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


A closing today in the Dow under 24740 will be an indication of weakness, but as we head into July, support will be in the 23300 level. In gold, a closing below the May low of 1281 on the nearest futures will also signal weakness. Resistance in gold will stand during July at the 1309-1311 level with initial resistance at 1289 with support at 12 35 and 1214. In the cash Euro, a closing below 119 keeps the dollar in a strong position. We do have a Minor Monthly Bearish at 11662.Support during July lies at the 11450-11430 level.

[srpactive] 29/6/2018 18:07

C

Yes a few of us here increased a little at 141p
the other day, dyor of course.

active

[coxsmn] 29/6/2018 17:31

Feeling Deja vu here with share price circa £1.43. Good dividend buy.

[srpactive] 29/6/2018 08:39

L

Ok, thank you as always, although I feel the market
will ease on the Russian bashing hopefully.

Hgm moving better, a challenge of 144.5p and break
above would be most encouraging, we shall see.

dyor

active

[loganair] 28/6/2018 15:07

The EU may have to lift sanctions when they come up for renewal because the new Italian government has said they will vote against the renewal.

To be renewed all EU countries must vote in favour, in against then the sanctions can not be renewed.

[srpactive] 28/6/2018 14:25

So the meeting between Mr Trump and Mr Putin, is
scheduled for the 16 July, lets hope for an
amicable conclusion regarding sections.

dyor

active

[stevedaytrader] 28/6/2018 08:57

USD strength continues alas- FTSE holding which is keeping us from not dropping too much further (fingers crossed)- think long term, it's tough I know. The prob is, these days, unlike years ago, we can all watch DAILY online the value of all our investments- shares, pensions, ISA's, even property daily which even though long term creates stress! Best is to enjoy the sun, and watch the footie. On gold, safe even doesn't seem to be there at the mo, and USD is hammering it- need some "dovish" talk out of the US and things could revert quickly.

[srpactive] 28/6/2018 08:52

Russia / US summit to be announced today for
July, hope this can sort alot out, so both
can move forward.

dyor

active

[casual47] 27/6/2018 20:20

Gold heading towards sub-1250$/oz. Urgh. Does "sell in May and go away" work for the precious metal sector also?

[srpactive] 27/6/2018 15:23

Poly Chairman BG stepping down.

[srpactive] 27/6/2018 11:49

GC

No I was following then.

[garycook] 27/6/2018 11:34

srp, You got in at the right time.Cheers

[srpactive] 27/6/2018 10:16

GC

Sorry ot replying to question.

It is a Australian gold explorer, very high risk,
but good results on one drill hole awaiting three
more results due soon, geologists' comments seems
encouraging, I have been following since 0.1p,
so have moved plenty, dyor a serious must.

active

[srpactive] 26/6/2018 13:52

As soon as the US wake, down comes poly and hgm.

[srpactive] 26/6/2018 12:43

L

Yes as I said the Russians are sitting on all the
future wealth, as Aus.

dyor

[loganair] 26/6/2018 12:31

casual - Just like the Railway stocks, were replaced by the Radio stocks which were replaced by the energy and industrial stocks and now days even IBM is almost considered a dinosaurs among the tech stocks.

Rightly said, Gold has had a market for thousands of years and has been the best store of value for thousands of years whereas paper money has lost over 99% of its value over the past 100 years whereas gold has maintained its value over the same 100 years.

[srpactive] 26/6/2018 12:26

c47

Yes as will other commodities, that is why the US want
stakes in the big Russian companies, I would have thought.

My little ggp is doing nicely for me at the moment.

dyor

[srpactive] 26/6/2018 12:17

L

Excellent post, GE should buy hgm and poly for
starters and getting the industry moving.

dyor