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Yet again the share price comes into action in the afternoon - been like this for months, if not years.
Hence, I've always regarded late morning/early afternoon a good time to buy - assume it's something to do with the Russians coming to life.
"Gold Miners Will Strongly Outperform Gold"
I really hope so, and expect Gold itself to perform strongly this year, 2021 has started really well and all the signs are that Global events are moving in the right direction for Gold. There are still rumours of DT wishing to Bomb Iran and I recall the Iranians suggested last week that a contrived conflict may be possible. Only a couple of weeks left of the presidency and personally I think any attack will come from a middle east adversary .
I really hope it remains just a rumour in some press reports, innocent people would likely lose their lives, but I have considered it as any shock at this stage should send Gold much higher (Vaccine rollout problems, economic shocks etc). Any action will occur after voting closes in the Senate election though, worry apparently weighed on Asian market yesterday.
If there is any flight to safety all gold miners will benefit hugely.
Dohnuts - I can't say I agree with you on DT (assuming you are serious), I'm with Rex Tillerson (who knows him well "he's a Moron" and lost the election fair and square - but lets not go down that rabbit hole to nowhere.
Even if nothing happens as a catalyst for a sudden surge, I believe gold will do very well this year as the economies of the world will need stimulus in the form of extra money printing.
A SP retrace is of no consequence as long as it doesn't become a rout - shares in company are predominantly held in very firm hands so there is little opportunity to trade in an out - expect a rise this afternoon.
Talking of Gold price, it is up again this morning and bobbing along at just under $1950/oz so has steadily rises for several weeks now. I expect it to rise above the key level and be within 5% of the all time high this afternoon when the yanks kick in trading.
I posted just before XMas that it was within 10%, if momentum continues $2000/oz should fall in January.
I harp on about this as much as TSG's own performance because it makes a massive contribution to profitability $100/oz for 45000oz provides revenue of $4.5m assuming stable production in 2021
Paul Craig Roberts is a good source of truth about Trump
"Gallup Poll Finds Trump To Be America’s Most Admired Man"
https://www.paulcraigroberts.org/2021/01/02/gallup-poll-finds-trump-to-be-americas-most-admired-man/
"More Hard Proof of Democrat Election Theft in Georgia
https://www.paulcraigroberts.org/2021/01/02/more-hard-proof-of-democrat-election-theft-in-georgia/
"an election stolen in plain view. The incumbent president, Donald Trump, won the election. He received 10 million more votes in the 2020 election than he did when he won in 2016 and three times the black votes"
https://www.paulcraigroberts.org/2021/01/04/the-year-ahead/
Hi Dohnuts,
For anyone who wanted Biden to win, even if you don't like Trump, you ought to know the truth about Biden - what the BBC will not report -
"How Do You Like Having a Two-bit Punk Gangster as President-by-Theft of the United States?"
https://www.paulcraigroberts.org/2020/12/31/how-do-you-like-having-a-two-bit-punk-gangster-as-president-by-theft-of-the-united-states/
"Interfax News Report on Biden’s Participation in Ukrainian Corruption"
https://www.paulcraigroberts.org/2020/12/29/interfax-news-report-on-bidens-participation-in-ukrainian-corruption/
BBC Radio Four (and I suspect that BBC television does too, but I never watch it) constantly tells its listeners that Trump's lawyers have gone to court demanding that the election result is overturned "based on no evidence" and "unsubstantiated claims" so says the BBC.
Think about it - the BBC expects us to believe that his lawyers go into a courtroom and the judge says, "What do you want?"
Lawyers, "We want you to overturn the election result"
The Judge, "Where is your evidence?"
Lawyers, "We haven't got any. We just think you should."
Come on BBC, stop treating us like idiots.
Paul Craig Roberts has published masses of evidence that the election was rigged, and he is not alone - but the BBC lies through its teeth.
PCR tells the news that the BBC deliberately keeps hushed up.
https://www.paulcraigroberts.org/
"You can tell that the US presidential election was stolen the same way that you can tell that Covid is being hyped to serve an agenda. The way you know is that no explanation is permitted other than the official explanation."
https://www.paulcraigroberts.org/2020/12/14/free-inquiry-r-i-p/
"Court-ordered audit concludes Dominion voting machines were intentionally designed to ‘create systemic fraud’ in Michigan"
https://www.paulcraigroberts.org/2020/12/16/court-ordered-audit-concludes-dominion-voting-machines-were-intentionally-designed-to-create-systemic-fraud-in-michigan/
"Stanford University Expert Hacks Dominion Voting Machines in Real Time Proving Ability to Alter Vote Count"
https://www.paulcraigroberts.org/2020/12/31/stanford-university-expert-hacks-dominion-voting-machines-in-real-time-proving-ability-to-alter-vote-count/
Hi Dohnuts, no, I'm relaxed now that I know that they didn't December was a definite date.
I am hoping for this to be 200p by the end of 2021. I see that as being fairly realistic.
jointhedots - It's better than $4.5m additional revenue. It's $4.5m of additional gross profit as costs are already factored in. Tax is the only liability worth considering when we are talking about significant rises in the price of gold.
Expecting a statement on the dividend in the next week or two. Company announcement should have come last week.
Atb
Any fans of Clive Maund on here -
James Turk has been talking that "bowl" pattern on the gold chart for over ten years, so I'm a bit fed up of hearing about it, but it is interesting to see Maund's view that gold won't bother to form a handle. It will just go straight up.
https://www.clivemaund.com/gmu.php?art_id=68&date=2021-01-03
Dohnuts - please take the conspiracy nonsense elsewhere, just because we may invest in Russian equities doesn't mean we wish harm on the US, you and some others seem to be working on an indoctrination agenda, sowing seeds of mistrust in democracy, I wonder why - you.re wasting your time posting the drivel. Please don't call assertions "Facts", the truth is important
Oh JTD, can't you see that democracy is under threat and the people who you dismiss are actually trying to defend it, and us.
This is why it is so important to spread the news - because if we don't get enough people to fight the planned tyranny, then we will all suffer.
As for conspiracy theorists - you are dimissing eminent and respected people such as Professor David Speigelhalter who exposed the slight of hand by the government in their data used to justify the lockdown - they used dodgy numbers - is that democracy?
You are dismissing Lord Sumption an eminent judge once in the Supreme court. Listen to his October speech - the Cambridge Annual Law Lecture - in which he outlines the threat to democracy from what the government is doing. He is a leading judge who understands democracy.
You are dismissing Dr Mike Yeadon - former scientific director AND VICE PRESIDENT of Pfizer - he tells of the dangers.
These people are well-respected people. Do not dismiss them so readily.
I could name many more. If you do care about democracy, then get some real news other than the BBC. The BBC blatantly lies and covers up. Even Sue Cook, do you remember her from BBC News and Crimewatch - said that she is shocked by how bad the BBC now is.
"Former BBC star Sue Cook, 71, slams broadcaster over its unbalanced Covid coverage"
https://www.dailymail.co.uk/news/article-8823195/Former-BBC-star-Sue-Cook-71-slams-broadcaster-unbalanced-Covid-coverage.html
I assume JTD over-arching point is that the TSG board is now clogged up with posts that have nothing to do with TSG or Gold.
It's not helpful at all to existing or potential new investors. Take it elsewhere.
I recommend that you look into The Great Reset Visitor. You own shares now, but if we don't fight off The Great Reset, then you won't own anything. They will take your savings and shares and it will be called "fair" redistribution of wealth.
Posting for Dohnut. To anyone else - if you don't care about democracy and don't mind it being attacked like this, or if your intolerance level is so high that rather than being able to simple ignore posts that don't interest you, you get upset and angry, then please use the filter feature - that it is what it is there for.
I think the board can stand a bit of digression as we await the RNS.
"Exclusive: Over 432,000 Votes Removed From Trump in Pennsylvania, Data Scientists Say"
https://www.paulcraigroberts.org/2021/01/05/exclusive-over-432000-votes-removed-from-trump-in-pennsylvania-data-scientists-say/
I see that Jim Sinclair (or his partner Bill Holter) has published that gold chart from the Clive Maund site, but not acknowledged the source. They must see something of interest in it to have posted it.
http://www.jsmineset.com/wp-content/uploads/live/bbf57b4941e1_8891/unnamed5.jpg