Rhigos
06 Feb 2018
Closed up today! The only share in my portfolio of 44 that is up today apart from EZJ that is only up 0.1%. No idea why HOC is up 1.9% today as price of silver and gold both down and no obvious news. Anyone have any ideas why SP up significantly today?
Rhigos
06 Feb 2018
Share price up today! The only share in my portfolio of 44 shares that is up today apart from EZJ that is only up 0.1%. I have no idea why HOC up 1.9% today when price of silver and gold down on day and no obvious news. Anyone got any ideas to explain rise in SP today?
Thomas Tallis
31 Jan 2018
Re: KWN Not too negative on general economic views on KWN, but last year's "26 days" claim by Maguire was a real let downLast June he said that he had buyers who were going to snap up 250 tonnes of gold and they would be placing the orders in 26 days time. They wanted to take delivery. He said that trying to come up with that much physical gold would rock the gold market and send the price shooting up.26 days later - nothing happened.He went back on KWN and said it was just a short delay but it would happen. I haven't seen it happen.So although I agree with the long term views, I think KWN does itself a dis-service by having so many sensationalist headlines as though gold will be $10,000 by the end of the week - but no harm in posting them hopetown, one day they might be right.
Thomas Tallis
31 Jan 2018
Optimism Hi hopetown,I don't want to be too negative on KWN. I tend to agree with a lot of the economic views, but they are very long term.I'm sure Egon von Greyerz is a very good fund manager and I agree with his views. He has made a forecast of the silver price going to $667 an ounce, but that is years away.However, I think we can be optimistic for the shorter term as the prices of gold and silver do seem to be on the up..I find this man's forecast fairly reliable, in fact quite reliable. He isn't always right, no one can always predict the futre, but, from the reports of his that I have seen (I am not a subscriber and so I don't see them all), I think he gets it right a lot more than he gets it wrong. "Gold Market Update" by Clive Maund -[link] particularly like the look of the up channel his second chart, "Gold: 6-Month".
hopetown
31 Jan 2018
Re: ALERT: China Is About To Reintroduce... Thanks for that Thomas. I just saw the article and reposted for everyone'sinterest . As yesterday I saw this piece by Avi Gilburt.seekingalpha.com/article/4140182-expect-explosive-move-gold-reaching-time-highs-2018-avi-gilburtI'm also betting that we're at the dawn of the Hydrogen age!! Good luck. Thanks again.
shugg1e
30 Jan 2018
Re: ALERT: China Is About To Reintroduce... Yes your quite correct you take what they write with a very large pinch of salt.
Thomas Tallis
30 Jan 2018
Re: ALERT: China Is About To Reintroduce Gol... Dear hopetown,I don't know if you are new to KWN but I have have been a reader of it for many years, in fact since it first began.KWN always has some sensational headline piece, usually from a "legend" but I don't recall a single forecast that actually came about, and see last year for Andrew Maguire and his "26 days" claim.After the Andrew Maguire let-down, I was so sick of KWN that I sent them an email telling them how sick I was of their bluff.I am not trying to attack you, just save you from disappointment. Over the last six years,I have read many similar claims and they all ended in disappointment. Of course I hope that this time it is different.Here's one that I would love to see come about, but I won't hold my breath -"Silver Could Jump $10 Per Day | John Rubino ... for five or six straight days"[link]
hopetown
29 Jan 2018
ALERT: China Is About To Reintroduce Gold Into The World Monetary System January 28, 2018ALERT: China Is About To Reintroduce Gold Into The World Monetary SystemAs we kickoff the final week of trading in January, one of the top money managers in the world just warned that China is preparing to stun the world by reintroducing gold into the global monetary system.The Road To A Gold-Based Monetary System(King World News) – Stephen Leeb: “What a difference a year makes. The 2017 Davos confab featured full-blown recognition of China’s emergence on the world stage. It was highlighted by the remarkable keynote address by Chinese President Xi Jingping – the first time a Chinese leader ever spoke at Davos. Xi’s message was as notable as the fact he gave it. It was that global economics isn’t a zero-sum game. Everyone can win as the world becomes ever more interconnected. Stunningly, in the wake of Trump’s election, China assumed the mantle as the leading voice for globalization.The speech laid out a path to world prosperity that by implication would be led by China. It was extraordinary that in this Western-dominated gathering of elites, a president from a still developing nation played such a big role and laid out such a sweeping vision. Equally extraordinary, all attendees respected that vision…Continue reading the Stephen Leeb interview below…[link]
hopetown
17 Jan 2018
Re: Excellent update Maybe Goldspot tech. will help them?
Mrbusiness
17 Jan 2018
Re: Excellent update Why then are they saying aisc will be 8% higher next year with slightly higher production??My turn to help you. Maybe because the heavy cost cutting of last few years is unsustainable, equipment gets old plus finding new resources costs more and more. Hence aisc up and price down.
shugg1e
17 Jan 2018
Re: Excellent update Yes you are reading it totally wrong Without trying to educate you its simple as costs go down as the production goes up hence more throughput at the mine with the same fixed costs equates to a lower AISC sorry to sound condescending but it really is basic stuff.Just double up my holding fantastic price and will accumulate on any further weaknessOn another note worth noting– JP Morgan continues to accumulate the biggest stockpile of physical silver in history– “JPM now holds more than 133m oz -more than was held by the Hunt Bros” – Butler– Silver hoard owned by JPM has increased from Zero ozs in 2011 to 120m ozs today– Money managers showing more optimism towards silver through record buying– “Near impossible to rule out an upside price surprise at any moment”
Mrbusiness
17 Jan 2018
Re: Excellent update It is costs that are so Important i miners I think. Next year predict around same output at around 8% higher costs (equivalent to gold price $100 higher to stay level) which doesn’t justify this kind of very high PE unless I am reading it wrong ?
shugg1e
17 Jan 2018
Excellent update Very positive update that should put some wind in the sails today these are way too cheap at this levelShoukd get a re rating on this report and be north of 300p in the next 3-6 months
hopetown
15 Jan 2018
Cobalt Power I note that the share price of CPO has increased from 14c on 22nd Aug to 29c today. Going quite well.
hopetown
15 Jan 2018
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