Shanta Gold Share Discussion Threads

[338] 19/3/2020 16:09

More gold reserve with higher grade has been found?

[338] 19/3/2020 14:55

Shanta looks good at the moment 👍

[space_bob] 19/3/2020 14:43

If 'fake paper money' collapses and disappears, how would our shares be valued?

[jc2706] 19/3/2020 14:25

juju44 & trader365,

I am sure that there must be a BS conspiracy theory board somewhere. Perhaps you could spout on there.

[juju44] 19/3/2020 14:23

Agree with all that but wish they could get on with it as I am almost out of ammo

[richgit] 19/3/2020 14:11

As most Investors should realise-

The $Dollar isn`t strong because it is considered any safe haven.


Once the $Dollar starts collapsing again over the coming months the ludicrous
Paper Gold Market Manipulations + Fraud will lose all control to the Physical Gold Demand Market,as demand soars more and more

Shortages already for those that Buy Silver Eagles etc,with premiums far above
the fake "Paper" prices -and eventually that will be for those that buy Bars via their chosen Vaulted source


Investors should grab some chosen Gold/Silver Bargain Stocks before it is too late.

Those would have us all meet their imposed serfdom,are stealing Physical Gold and Silver whilst the World`s joe bloggs are unawaringly sleep walking to disaster.



Many Gold Cos will be the New Gods of real Money when the &Dollar starts to lose all trust as an IOU.



IMHO

[trader365] 19/3/2020 14:08

Agreed juju. The biggest problem facing the developed world is the aging population, how convenient to have a virus that kills predominantly old people and transfers cash to the younger generation

[juju44] 19/3/2020 10:09

Protect the elderly . A vaccine will arrive to give them normality again . there is an agenda running through whats going on

[jc2706] 19/3/2020 10:02

338,

Give it a rest.

[jc2706] 19/3/2020 10:01

You won't be able to completely isolate the elderly and the virus will be in the system so when they cease to isolate....

It is also a new virus so you don't know what the behaviour is likely to be once widespread.

The recent models take account of isolation and the projections were very poor with just an elderly lockdown. Easy for the younger people to say 'let it rip' but for the elderly this is putting their health at risk.

[338] 19/3/2020 09:58

trader365,
I've just bought banks... Hopefully FTSE bounce back up later... How is your chart reading?

[space_bob] 19/3/2020 09:24

That's the rational solution juju, but UK government can't sell the herd immunity plan and also some younger people do die from it. You can imagine dozens of compo faced families in the newspapers for months saying how Boris has murdered their child/parent etc.
In the Netherlands they've been quite open about aiming for herd immunity. They should use Sweden's experience of the 1918 Spanish flu to sell it - they all caught the first wave, so when the deadly second wave came they we're all immune and experienced hardly any deaths.

[juju44] 19/3/2020 08:47

Put all the elderly in lockdown to protect them and let the rest of society function normally , have their flu week and get back to work . This is all crazy but the elites probably have an agenda

[qs99] 19/3/2020 07:47

Totally agree Nielsc......and let's not forget that well over 90% will recover from any symptoms.....

[nielsc] 19/3/2020 07:44

QS99,Very true. We are in self imposed lock down here in the UK so those least able to fight the virus can get the help they need from the NHS. If everyone was fit and healthy or the country didn't have the money to do this then everyday life would remain much the same (just taking more care with ones hygiene).Cheers,Niels

[jc2706] 18/3/2020 17:06

I think that puts things into perspective. In the West we are fretting over the virus and taking drastic action whereas in developing countries this is the reality of life on a daily basis.

[qs99] 18/3/2020 15:39

AND let's face it, can't imagine too many over 70s (the risk + age) being employed in the SHG mines ffs

[redhill] 18/3/2020 15:38

Its a good job the mine is so far away from the main population.

[338] 18/3/2020 14:32

Tanzania reported 3 cases of coronavirus :
1. A lady coming back from belgium
2. Two foreigners

Peru had 177 cases yesterday with actual number is thousands that's why the mining activities are being halted for 2 weeks


hxxps://www.theeastafrican.co.ke/scienceandhealth/Tanzania-reports-two-new-coronavirus-cases/3073694-5495360-mlwjm3/index.html

[jc2706] 18/3/2020 13:59

C0lin1,

True for paper gold but the price of physical gold sometimes disconnect and you have to pay a premium. I have never heard of physical gold moving to a discount.

[c0lin1] 18/3/2020 13:43

JC the 1 to 2 % mined gold each year is swamped by the number of contracts on the comex each day and is therefore irrelevant surely?

[jc2706] 18/3/2020 13:37

Partially true. The day to day price of spot gold has nothing to do with the demand for physical gold. That is wholly down to the futures market. The physical price of gold will certainly be affected by mine supply reduction combined with ETF demand. I doubt whether recycling will offset that.

[c0lin1] 18/3/2020 12:24

no..mined gold only accounts for 1 to 2% of global supply i.e all the gold ever mined.
Gold doesn't get used like other commodities except for jewellery and that can be melted back down.

[fitton] 18/3/2020 10:11

The question is, will closing the gold mines actually indirectly push the price of gold up?