Yes, possible to hit 40m. Israel has opened bomb shelters in Tel Aviv, fearing Iranian ballistic missile attacked. Iran has cleared the skies of civilian aircraft. Gold says 'hello'.
@JackKhan... You sudah lupa itu Inventory kah? They will sell less gold in a upward market... They are waiting for Iran to give the sell signal... Ha ha
@hiddencentury...The new management has made it their business to keep the gold stocks for sale in the future. Given such scenario, I doubt anyone is able to project the Qtr results. It's like a poker game... trying to read the card
Youarewelcome, the management can sell enough for rolling and keep the stock. With the gold price keep increasing, they can sell later when the price was at the peak.
Actually, the timing of sales is not known to us or announced publicly. Not too sure if they read correctly the market timing. In any case, they will be screwed if price were to fall. The knife cuts both way. For sure they sell into the spot market price. As for selling timing, I hope they know better.
@blueberries... I agree speculating with the only Commodity the company mined is risky, if not reckless. I don't think these people are sophisticated enough to be speculating...not even the experts they engage
@Alasako, i hold around 4days already, you can check my previous text. Was expecting to battle all the way down to 1.50, that why didnot all in yet. Earn one mini Axia, tonight go donate Vietmois. Only manage to sell half. Still holding. @welcome, trade secret bro. Tak boleh opening sembang kat sini.
@welcome, jangan masuk besar dulu. Monitor dalam radar. Minggu depan holiday panjang. Beli popcorn tengok 'itu' ada telur boom boom. Kalau boom boom, masuk coin, emas dan minyak.
Gold future 2349usd. During Covid, many other non-health related companies showed interest in riding the wave when glove price peak. For example Mahsing developer jump on the bandwagon too. The same thing will happen to gold mining when gold keep climbing. NICE own the biggest gold mining area in Msia. To start and obtain a gold mining license is way harder and time consuming than starting a glove factory. I believe later or sooner, some companies or fund will offer to be part of the mining. License alone will worth alot in near future. Gold jewelry already considered unaffordable for many households. 916 gold is selling at RM 363 per gram today. Even Vietmois flexed their gold jewelry now, designer bags outdated.
Today Iran Defence Minister says : "the decision to take revenge on Israel has been made. We will deal with them a powerful blow".
Sold most of my other holdings to enter gold related stocks. Buy in now before others come back from holiday. If this week gold price explode, next week going to be crazy.
From the traffic in the forum can see that not many people invest in Bahvest. I think the operator successfully shake most of the retail investors off. This gives the operator full control of the share prices.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
IlmuKhodam
683 posts
Posted by IlmuKhodam > 2024-04-04 10:07 | Report Abuse
Yes, possible to hit 40m.
Israel has opened bomb shelters in Tel Aviv, fearing Iranian ballistic missile attacked.
Iran has cleared the skies of civilian aircraft.
Gold says 'hello'.