BC8 0.85% 58.5¢ black cat syndicate limited

Basel lll - 28th June 2021 GOLD PRICE TO THE MOON, page-8

  1. 12,368 Posts.
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    The first stimulus from the GFC went into banks hands and they just bought back govt debt/bonds. That was left to right hand BS.
    It didn't really hit the ground like this money is. The US stimulus cheques are getting out into the economy and hence the inflation. Its global. The FED is full of shot. People are not producing the goods and bottlenecks and border issues make it very hard for people not to experience price rises. Our main stream media are morons who often turn up late to the party. US inflation is going to seriously crank and people like Buffet are telling everyone just that. Sam Zell is another guy saying 'wake up'. These guys own building companies and operate conglomerates. The FED is not listening with 9m unemployed so strap in guys. It gets harder for the media and the FED to crap on when it becomes obvious. Who are you going to believe, Buffett or the FED who said the mortgage market was fine. Gold is moving higher and the big money hasn't even woken up yet. I think people assume the big money is smart money but that isn't true. The smaller early adaptors get in first and the big money only turns up when its obvious. That is one of the reasons why analysts are wrong or too late most of the time. Its like when BHP tried to merge with RIO at the top of the market. Just watch the big dopey money come for gold. Keep your eyes out for a very interesting year ahead. As you say, inflation from property is on fire but i worry about the poor buggers who will eat the inevitable rate hikes. No one is telling them how these cycles work. Its not in their interests as they want the long term slaves to line up. Buy cashed up undervalued gold stocks like this imo and wait. BC8 has 3 operating rigs, good luck finding rigs if your are new to the game in this market. If gold does go through $2000 again, you will be paying through the nose. We are ahead of the curve imo. dyor.
 
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Last
58.5¢
Change
-0.005(0.85%)
Mkt cap ! $259.4M
Open High Low Value Volume
60.5¢ 60.5¢ 57.0¢ $2.037M 3.453M

Buyers (Bids)

No. Vol. Price($)
10 333521 58.0¢
 

Sellers (Offers)

Price($) Vol. No.
58.5¢ 33734 1
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