You can see the cause back in 1962 https://ibb.co/JHrcHwcNow the coming cause below. Timeline marked with the red verticals between February and April 2025. We will correct but the "crash" should be only flash and thwarted off with the real high being made in 2026. Thereafter the greatest depression since 1929. Let's see if Central banks are still buying gold then ;)https://ibb.co/mbVJFNC |
https://ibb.co/jD57WGy |
One of my charts you may enjoy. A few have been talking 17 year cycle including Erik Hadic and Mike Maloney. (Red) I don't believe it. For me the 60 year is more accurate. (Blue)https://ibb.co/9stHzZh |
Central banks have nothing else to do at the moment Rob. They are in severe trouble but as quick as they buy they will dump when appropriate. I am looking a year possibly year and half out here. However don't believe the sky will be blue forever... It really won't. You'd have been better buying a blue chip public company or even better physical. |
You believe what you want to believe. You are no more than a condescending random moniker with zero education. This is clear! Did mummy bring you up to make inaccurate assumptions of others?! When I was trading/Investing on aim hard my successes included KOD, TYM, BOR, SRES, SML. All multibaggers and history all there to see. I made a lot of money on aim.Nobody gives a toss what you think or posts but I'll still be here to give levelness to any board as I always do. |
 Think with gold some major changes have flown under the radar Aviator you have the steady breakdown of manipulation of the gold price the central bank buying and future weakness in the dollar in response to a de dollarization process. You can argue about how fast the third factor will happen but not really about the other two. Central bank buying is an established fact and is probably even greater than appreciated has some efforts have been disguised historically by the Chinese but even the Saudis have been making some sneaky purchases.
Ordinary investors and the vast majority of the investment community have not got on board yet let alone get to the stage where everyone jumps on the band wagon. The average exposure to gold or miners is microscopic in peoples portfolios one two percent or less?
Probably the biggest eventaul limit on the gold price is gold gets so expensive no one can afford it and then maybe silver will look more attractive but a lot of miners are not reflecting the present price of gold let alone what it will do in the future. |
Likely will drop in value Katsy IMHO This character is the King of Robinsons orange. How they sleep at night is beyond me. |
I think it’s clear you are down hard, probably having lost far more than you can afford, and are now living in fantasy land with hindsight trading telling all and sundry that you invested just at the right time in btc and Nvidia, two of the largest bubbles of our time. Funny how we never hear of your investment genius ahead of time isn’t it? Anyhow, I thought you might have some insights but now realise you’re a penniless fantasist. I’m done engaging with someone who has nothing of value to add. Good luck to you. Over and out. |
Rob what you don't seem to understand is that yes gold is high now and yes it is likely to continue for a while BUT if you look at 2008 it crashed hard with equities and it'll be no different when time comes. Fundamentally banks are in trouble and mainly regional in US & Europe. Buffet isn't selling BofA for no reason. CRE loans in addition driving this coming crisis. |
I made my money by under promising and over delivering! Old school mentality!Take that to your bod and tell the Ozzie Greek he should learn that! He should have jumped here long ago and left in hands of Rainer. |
Nothing changed Rob. Nothing! BS rhetoric all the same and nothing actually done other than talk and hope! |
You aren't very good at this.One account with some units held. Now go an do yourself a favor. Find a large cliff and jump off it because your investment here is likely about to go south.https://ibb.co/x8b1VCH |
You repeat same rhetoric as the Ozzie Greek oh dear.... Excrement!! |
It’s become increasingly evident that the idea that you hold anything close to 3% in even the smallest listed vehicle is total fantasy. |
Avaitor Plenty has changed over the last year kefi has been clearing hurdles till its got to the stage where only a few remain maybe only one really the banks or maybe just the second bank signing off. The rest should be just process after that.
Aim is dire which is why the company had to eventually put together a highly complex deal to fund it at project level with a lot of parties and moving parts which is probably the main reason it is taking so long. Got to the stage where kefi could well be the third cab of the rank after Akobo who have produced there first gold bar and Allied who have raised a lot of money primarily for Ethiopia.
Easier for Akobo in a way though as it a much smaller operation "boutique" and Allied gold has deeper pockets however shows it is possible to get a mine going in Ethiopia. Kefi have not really effectively highlighted the progress of either company to make this case either maybe because of the embarrassment factor of other companies making quicker progress or because of poor PR.
Kefi should however be able to get this over the line considering the money to be made due to the high gold price and I see the second bank not needing to make anymore visits and a discussion over increased lending and listing in Ethiopia as good omens.
Its a bit of a mugs game predicting exactly when due to the potential for delays but being an old style investor more than a trader not going to throw the towel in when kefi should not be a million miles from getting this done. |
You had to ask a friend to explain that a gold exploration and development company operating in frontier markets was high risk? Dear Lord. |
(Saudi mining) |
This is from a dear friend of mine who gave me permission post it and who has been invested for years. This is the reality & it makes me so so sad. Many of these folk are led by the likes of Goat to the slaughter and have been. Until finance is sorted it remains a big dubious question mark for me with "CAUTION" written all over it. If finance is sorted properly then we can talk about it. A pump and a dump likely as he will raise into it. (As always lol)https://ibb.co/VxpVxmP |
Not so. Just a few foolish people selling.
Only 12m shares. Peanuts. |
Mm panicking me tinks ;) |
As said "Protesteth too much" Always a large warning sign. Especially since you are a new poster here Folks be careful.... |
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