Serabi Gold Share Discussion Threads

[1kiwi] 07/8/2019 11:32

+8.6% Theres Gold in the box! ;)

[1kiwi] 07/8/2019 10:24

Can buy just a few again now

[1kiwi] 07/8/2019 10:19

Can buy just a few again now

[littlepuppi7] 07/8/2019 10:12

Still NT to buy anything but very little amounts.

[loganair] 07/8/2019 09:32

Swiss ten year government bond is now on final approach to yielding -1.0%, this is just getting silly!

[74tom] 07/8/2019 09:31

Got to break 61 soon surely!

[loganair] 07/8/2019 09:26

It seems to me all the central banks are doing to do is to make money virtually worthless which going forward can only be good for the price of gold.

If I was in the shoes of the central banks I would raise interest rates to 5% or 6% as quickly as possible, the effects of this would be:

1. Companies that by law who have to hold bonds and treasuries will be getting a far higher income from them, will be far more profitable and therefore be able to pay higher dividends putting more money into peoples pockets to spend.

2. Pensions would be worth so much more, more money in peoples pockets to spend.

3. Savers will be earning much more in interest and therefore will have far more money to spend.

[littlepuppi7] 07/8/2019 09:23

Nt to buy. About to pop.

[loganair] 07/8/2019 09:15

New Zealand Central Bank cut interest rates by 0.5% to 1.0% the lowest ever rate they've ever had while India by 0.35% to 5.4% to try and stimulate their economies. Both rate cuts were bigger than forecast.

A vicious circle, race to the bottom in interest rates.

Interest rate cuts are now having very little impact on economic growth.

[littlepuppi7] 07/8/2019 09:05

The fed are so cutting rates more than expected this year. Just need a major bank to collapse and I'll be very happy. Step forward Deutsche bank. Preferably after we have left as we don't want to help with the bail out.

[littlepuppi7] 07/8/2019 08:43

New Zealand central bank just cut rates

[littlepuppi7] 07/8/2019 08:42

Not many available... no need for nt for 10,000 but looks to me on l2 like seller is gone. We will know when offer moves higher.

[1kiwi] 07/8/2019 08:24

Here we go folks out of NT and we can buy again!

[1kiwi] 07/8/2019 08:16

Gold $1490s YES!

[1kiwi] 07/8/2019 08:11

GOLD $1489 ;)

[1kiwi] 07/8/2019 08:08

Morning all, adding again. What more can I say, I seriously would not rule out 200p over the coming months at this pace

[74tom] 07/8/2019 07:46

Indeed, in June’s recovery we passed 60p with the gold price at $1338. Now $150 higher and we’re still there...

[littlepuppi7] 07/8/2019 07:34

If that bloody seller f's off.. very good opp for everyone else to buy at a stupid price.

[tidy 2] 07/8/2019 07:34

Sooner than that I bet. Much sooner imho

[ppvn] 07/8/2019 07:21

With gold at this price point, serabi are now generating about twice as much cash as they were when they raised money at 72p (gold was around $1250). Coringa should also be worth significantly more due to the additional resource and extension of strike length. And the anomalies and Cindarella prospects should also be adding value.

Confident that there is a lot more to come here.

[littlepuppi7] 07/8/2019 07:17

Gold hit 1490 overnight. Looks like it wants to take out 1500.

[mick1909] 07/8/2019 07:04

I'm sure $2k gold is not unrealistic look at bitcoin got to $20k in no time