Ok Grasshoppers...... I've got something that will make your day..
So..... Rising interest rates are bad for Gold because people can then choose to get 5% interest on there cash where Gold doesn't pay dividends.. So the Gold price holding these past 2 years has been against a full blown HEADWIND and actually been great just going sideways !
So..... What happens when this HEADWIND stops and turns into a Tailwind for our Gold ship to sail downwind under spinnaker ?
BOOM !
We then enter the BEST Environment possible for Gold ever ! It's very clear ! When interest rates start falling, GOLD STARTS RALLYING !
You want more ? The lovegod will deliver you more than you can handle !
You want More,, i'll give you more ! Don't forget our little friend today, that never goes away ! The USA debt explosion is almost at $34 TRILLION today...
It's very simple, when US debt reaches $38 TRILLION next year, US$ GOLD price will be +$2,200 according to this chart that has been 100% accurate for the past 50 years !!!!
So 2024 is very clear:
1: Both plants running above +5.5- 6 million tonnes per /annum.
2: If they process anything around 0.85-0.9 gpt we meet 120,000 ounces Forecasts..
3: if they find anything around 1 gpt we exceed Forecasts.
4: For every $100 rally in US$gold price above $2,000 increases our potential dividend by 5c per share to 35c, 40c, 45c
5: A 30c dividend will only cost them $77 million to pay --- Piece of Cake at theses gold prices when we should be making + $120,000,000 next year.
6: They simply buyback stock and pay dividends at the same time with profits.
7: Ross & Jamies' ego's need to be kept on a leash ! That's my biggest concern Keep there bonus fingers out of the cookie jar, Keep Jamie locked to his desk and away from a selfie camera & Keep Ross away from Nucharee's Green chicken curry & Fluffy rice !
- Forums
- ASX - By Stock
- Ann: Significant Gold Exploration Results in Thailand
Ok Grasshoppers...... I've got something that will make your...
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KCN (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.36 |
Change
0.000(0.00%) |
Mkt cap ! $349.2M |
Open | High | Low | Value | Volume |
$1.37 | $1.37 | $1.34 | $367.6K | 272.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | $1.35 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.36 | 1462 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 1.345 |
1 | 10196 | 1.340 |
3 | 29032 | 1.335 |
2 | 21552 | 1.330 |
2 | 2282 | 1.325 |
Price($) | Vol. | No. |
---|---|---|
1.355 | 1462 | 1 |
1.360 | 1552 | 1 |
1.365 | 1552 | 1 |
1.370 | 39295 | 1 |
1.385 | 38 | 1 |
Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
Featured News
KCN (ASX) Chart |