Shanta Gold Share Discussion Threads

[jc2706] 05/7/2019 09:58

Should be.

[338] 05/7/2019 09:49

Q2 production update in 2 weeks?

[jc2706] 03/7/2019 07:48

A strategy of property and gold is for the ultra cautious but I wouldn't criticise it as it is, at least, a strategy. Gold is a decent insurance whilst property has traditionally been a solid long term investment. Currently I think that the latter is a bad investment, particularly buy-to-let, as I agree that they are overpriced and the tax advantages of buy-to-let have been considerably reduced. Getting out early should not be considered too bad a thing as getting out of property late is very difficult.

I confess that, whilst I can see a significant correction in the near future (20% or so), I can't see a crash but I definitely agree that we will see a very significant crash within the next 5-10 years, particularly in the US which I consider to be far and away the most expensive market.

[redhill] 03/7/2019 07:13

Gold is bouncing back up again now. Will we see another wave of buying on Shanta after the drop recently ?

[338] 03/7/2019 07:00

Zero rate for Fed base rate... PoG will keep climbing... Shanta to make everyone happy... except AG





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The announcement comes after Trump’s earlier nominees, Stephen Moore and Herman Cain, both withdrew from consideration.

Shelton was earlier speculated to be a pick for the Federal Reserve board. Shelton has previously said that if appointed, she would lower interest rates to 0% in one to two years.

[338] 02/7/2019 21:54

AG, see you at 45p per Shanta share Mate

[338] 02/7/2019 20:16

Well, at steady rise rate of $30 per day... Your $1500 target could be achieved this week :=)

[nielsc] 02/7/2019 17:47

Redhill,I think ag's strategy of holding property and gold is pretty solid. Real things with no third party liability. I hold some shares, but these are what I consider riskier investments- could pay out big time or just vanish.Cheers,Niels

[redhill] 02/7/2019 17:35

I'd be happy with $1500 to start with !

[338] 02/7/2019 16:27

PoG heading to $5000

[redhill] 02/7/2019 13:05

Level 2 5v1 7.50p-7.80p for those interested.

[redhill] 02/7/2019 13:03

ag

Well then you are not as savvy as you think you are. You need to be loaded up in a stocks and shares ISA with shares that pay good dividends. No point in paying tax on interest to the government and interest rates are dreadful.

[338] 02/7/2019 09:29

PoG hit over 3 times ($5000/oz) from today's price is not impossible due to USD devaluation....


PoG was $400 or less 15 years ago... that's less than a third of today's price

[338] 02/7/2019 09:26

AG, the placing is so small comparing the EBITDA and revenue... so it's just the matter of time Shanta will distribute dividend... it's in the right direction Matey

[jc2706] 02/7/2019 09:11

AG,

Do not judge those who actually invest their money.

[jc2706] 02/7/2019 09:11

I would also state that I am happy to judge the gold price as it goes. If this bull run doesn't pan out the way I expect I will move on.

[redhill] 02/7/2019 08:26

JC 2706

LOL

[jc2706] 02/7/2019 08:22

$5000/oz is my target for this bull run but I expect to be selling on the way up.

[cf456] 02/7/2019 08:05

Mellon on the Markets: Gold and what comes next

"And that’s why gold is rising, not much yet, but a lot over the next three years or so. I really wouldn’t be surprised to see gold at US 5000 an oz in that time period, and I urge all readers to be positioned accordingly."