|
|
Post by likeike on Apr 6, 2024 1:47:15 GMT
@realmoney Ultimately, bullion banks have a problem understanding gold, because they think that the relationship between dollars and gold is driven by relative interest rates. But there has been a growing realisation that US interest rates will remain high for longer, which according to paper traders should lead to lower gold prices. But the reverse is happening. 2 about 3 hours ago
@t-Bokk_Talks Someone is buying everything they can get I'm after-hours trading. I can't see the volumes. 1 about 2 hours ago
@realmoney They took full advantage of gold sector not modernized to block chain. Bitcoin could surge $70K because of such trading convenience. We are not going back to 1929, but need electronic trading platform with physical delivering upon request, then it will be easily to see which one is music chair in the end, gold or bitcoin or tulip?
|
|
|
|
Post by likeike on Apr 6, 2024 1:56:23 GMT
@realmoney There is no innovator in gold sector for past 70 years. @scoobysnax, that is why Michael Sailor of MSTR critized. He did not explain in detail when he debated with Frank Giustra. It took a while for me to figure this whole thing out. The new generations care more about doing business in seconds but lack of knowledge of gold existence for 5000 years. So block chain oz and shares is the brilliant solution. If naked short spotted by block chain, fine will be instantly and pay to shareholders as compensation. Then daily purchase can be used in oz, bitcoin or dollar. oz must be in block chain and defined by constitution 3 about 2 hours ago
@realmoney This is my view if I were the chair of World Gold Council. Set an exchange market like Comex but for Tier 1 underground metals with 43-101. Instead of letting miners to dictate the price, NVDA and others can bid too by using AI improving efficiency and give more reasonable offer to juniors. In NFG case, the most efficient way to handle share dilution is spin off as many CEOs have the brilliant way to manage business. Need intensive competitions to define who is the real and ultimate legend. Among 10 billion people, there must be a super smart one can run 100X better than current situation.
|
|
|
|
Post by likeike on Apr 6, 2024 15:13:59 GMT
@realmoney @longci54 The purpose of block chain shares is to catch naked shorts, ask them return the money back to shareholders in dividend. Nothing wrong to short, as long as they have collateral on hand. This will avoid GME situation with trillions of phantom shares in brokerage's security lending business.
|
|
|
|
Post by likeike on Apr 7, 2024 21:50:39 GMT
@realmoney Hope NEM gets over $40 to lead the gold sector in a monster rally. The chat room on GDXU will be ultra bullish, the buy orders on both used to be filled by $0.4 lower, not any more. NFG was $0.3, not a chance these days. NEM trading behavior was a real shock as Peter Schiff(this time he was right). The buyers overpowered sellers regardless gold price. Stanley Druckenmiller must lead the way. Biden walked away Isarel for a peaceful withdraw. Interesting, BIS could not be more brave enough to intervene
|
|
|
|
Post by likeike on Apr 7, 2024 22:27:00 GMT
@realmoney This bull is back with vengeance like 1979-1980 after X years brutal %666 with all gold haters
|
|
|
|
Post by likeike on Apr 17, 2024 14:52:25 GMT
@realmoney The exploration team did the best. As ES predicted 3 years ago, 2nd Abitibi or 190 million oz firmly. The only mess is how to reduce current cheap financing. MAE is a toast and say something about its replacement
|
|
|
|
Post by likeike on Apr 21, 2024 14:43:35 GMT
@realmoney I normally view his comments as entertainment, until he gets down the point. But he and rest "experts" did not pinpoint why this sector left behind after GLD invented. Block chain to discipline all parties no fake oz and shares can be used with great Convenience without heavy weight lifting. It makes these $50 million financing like....You draw your conclusions... www.youtube.com/watch?v=FiJZUVXSYX4 |
|
|
|
Post by likeike on Apr 25, 2024 14:24:29 GMT
@realmoney Take a real deep breathe for NEM blasting $40/share - 3 years waiting, just delivered $0.42/share in earning and $0.25/share in dividend. Grab NFG and drop its AISC to $500/oz. Not sure if NEM ever on NFG site
|
|
|
|
Post by likeike on Apr 25, 2024 14:25:18 GMT
@realmoney It is great if $20 million can have Kingsway from LAB. This is getting bigger than any juniors can handle, NEM should be in for help. The best AISC for them is $1030/oz in Peñasquito, Mexico. Here $500/oz is the most. $10 to $15 billion needs to spend on Queensway and Kingsway to know how big the deposit is. Logically, NEM should easily to pitch in $15 billion to explore this over 210 million oz deposit (assume video 3 - 190 million on Queensway and 20 million oz on Kingsway)
|
|
