Kefi Gold And Copper Share Discussion Threads

[katsy] 17/2/2021 10:33

Anyway just to let you know the trades at 2.03p are buys.

[belfastboyo] 17/2/2021 10:28

Couldn't agree more with you on that Katsy...but we are seeing signs of physical demand starting to swamp their scheming...ultimately there is less than 1oz gold today per inhabitant...institutional ownership of gold is under 1/2 of 1% of assets...at some point soon with trillions debt, MMT, negative yields etc...and massive cash flows from producing miners the tide will turn and turn so quickly many will be caught unaware

[katsy] 17/2/2021 10:19

Belfastboyo I think all gold bugs will agree with you, but as for comex unraveling, people have been saying that for the last 20 years but the deception just gets stronger and stronger. Given that 40% of all dollars ever created has happened in the pass 12 months, gold should be at $2200-$2600 /oz but we all know it's a rigged market.

[belfastboyo] 17/2/2021 10:17

Commodities are entering a super cycle imho & we've only had about 5 or 6 over 200 years...PGMs will shine as will copper and hit new highs in nominal terms certainly...Kefi has huge assets covering thousands km2 of proven resources and reserves...just need to get the mines built to start huge cash flows...hopefully weeks away from this happening...and BOD/Harry finally delivering

[belfastboyo] 17/2/2021 10:12

No Katsy, more correctly the Crimex wants everybody to believe Nobody wants gold except the Chinese, Russians, Indians, Iranians, most Governments, every Central bank & the actual holders of physical gold/silver/PGMs....and if you want physical it seems it is in VERY short supply and at a HUGE premium to what paper comex says it's worth...i sense comex will unravel at this rate with no one trusting paper..just look at what SLV did recently

[katsy] 17/2/2021 09:57

Nobody wants gold anymore, just 110011100110001000011101111011111 Which is worth $50k

[pjackson2] 17/2/2021 09:53

Just bagged a few more at 2.04. Phoned my son and he got in at
2.025 minutes later.

[robjm66] 17/2/2021 07:55

hxxps://stockhead.com.au/resources/megado-kicks-off-chakata-drilling-after-striking-visible-gold/

hxxps://www.investi.com.au/api/announcements/meg/f48e5491-807.pdf

Megado has a premium land position immediately along strike to the north and south of the Lega Dembi and Sakaro deposits covering the same fertile greenstone host rocks and structural setting, in addition to an asset located proximal to Ethiopia’s next gold mine, the +1.5Moz Tulu Kapi deposit (AIM-listed KEFI Minerals).

[robjm66] 16/2/2021 22:48

hxxps://www.mining-journal.com/leadership/news/1404889/kefi-first-in-line-for-saudi-licences Before anyone asks no not signed up to read article.

[scrappycat] 16/2/2021 20:04

goatherd,

Amongst other things, Platinum is used as a catalyst in fuel cells, particularly those that use a Hydrogen/Oxygen mix as fuel Massive market for the future.

[you for coffee] 16/2/2021 18:58

Based on the previous cycle there should be a couple more months before there is a big correction.

Ive already sold some ARB to put in here and hopefully more soon

[theaviator] 16/2/2021 18:51

I've no doubt it'll go to 500k and beyond really BUT not before a decent cyclical correction. Definitely keep an eye on the halfing date when time comes. Only a limited supply of coins, so I think that's the main driver...

[theaviator] 16/2/2021 18:49

Yes you're right regarding the whales and miners BB. Doesn't help with pumpers around like Michael Saylor, Elon etc. I fear alot will lose alot of money in the short to medium term.I was going to buy a couple of large Ethereum machines until we discovered it was noiser than the good lady's hairdryer lol Sounds like a Jet engine hahaMay still have a go once we get a correction as the machines also come down in price. More for the fun and to get the "mining badge". I can see how retailers may be tempted with all the hype but I find it tough to part with any money at these prices.At least with gold, you have something shiny to look at and admire lol

[belfastboyo] 16/2/2021 17:06

I agree with you Aviator, the more I have read about Bitcoin/Cryptos et al the more surreal it all seems....way to confusing and nebulous for my taste...you missed out Tether & the huge bitcoin "whales & bitcoin miners" & how they might move markets in an instant....Jim Rickards & other very smart people make some interesting points around them too...sorry but I'm definitely sticking to Gold/PGM's and avoiding an asset I have no idea how to properly value? Gold costs c$800-$1300 to get an ounce out of the ground....so at $1,800+++ there is a rational reason to dig it up....bitcoin? yes it takes energy but beyond that? $50,000??? perhaps it is going to $500k or perhaps it is going to $0....I have no idea which.
Gold, Silver, Copper etc....only going higher as they are real and used for real things

[goatherd] 16/2/2021 16:00

As the largest use of platinum is as catalysts in car exhausts (around 40%); as as that use is inevitably going to decline (as cars go electric), I cannot see a bullish position for platinum.

[estseon] 16/2/2021 15:39

Look at platinum. The disconnect with the gold price happened in 2015 and it has spent most of the last 30 years, apart from the last five, priced around or higher than gold. It is now priced at about 70% of gold - a 50% increase will take it back on track. Timing is anyone's guess. South African mines account for a significant proportion of new metal and supply over the last couple of years has fallen short of demand even though industrial use demand has been depressed.

[katsy] 16/2/2021 14:36

They were in stock, now sold out again. Did somebody on here empty BullionBy Post vaults? In the last 40 minutes?

[katsy] 16/2/2021 13:51

JLWilliams sorry my bad including the VAT to the price. £27.9 for one (BullionbyPost) and under £26 if you buy in quantity.

[jlwilliams] 16/2/2021 13:37

Katsy, i must be a bit mad then, I am currently selling some of my pure silver coins for less than £30.

And it's certainly possible to buy Brittanias for £25-6.

[estseon] 16/2/2021 13:32

Beware of following where the US investment banks tread. The don't recognise assets - just opportunities for themselves. They have the financial clout to move markets.

[theaviator] 16/2/2021 13:23

The time to buy bitcoin again is in the next 2024 halfing. It's had its season imho and the altcoins now having theirs. It will collapse at least 60-80% over the next few years. The problem is the day to day hype but you have to step back and see the overall. Cycles -nothing different to last time or the time before. Am currently out of crypto apart from the odd little punt on Ftx for a bit of fun. Sushi and Ada did quite well. The problem is all these crypto market caps are calculated with most not in realisation about the extreme leverage. More borrowed debt. I only found this out the other day, but Finex and Usdt in cahoots together. So basically we now have a new form of corruptness -Wall street & The Fed Vs Finex and Usdt lol.

[katsy] 16/2/2021 13:14

Not yet! It's setting the scene for a digital world. I read the piece about India banning Bitcoin but it didn't go into details about how? Bitcoin wallets are very secure and can be stored anywhere in the world, so for now Bitcoin is safe. Also To be honest I can't really comment on bitcoin pricing as I don't really follow it. I just can't wait for Gold to crash on burn on Comex just to show how stupid the market is with gold/Silver pricing. For instance you try buying a physical ounce of silver below £30/oz. Reality and Comex are two different things.

[mick1909] 16/2/2021 13:00

So do you think bitcoin will crash then?

[katsy] 16/2/2021 12:44

The same global machine that have systematically all chose to destroy their economies over lockdown nonsense. My wife attended the virtual DAVOS summit a couple of weeks ago, all that is all they talked about. It's coming!!!