Panzer' on 'Kirkland Lake (KL) Following mark #207 to you Thanks its great to hear; KL is part of Panzer grand retirement plan. Its my opinion also :-))
PRESENTATION thumbnail NOV 20 2018 NBF & TMX Annual Canadian Precious Metals Conference
Count me in & Welcome back Caffee and good to see you here! KL will IMHO have a great sp increase run early 2019 (starting in February when the 2018 year end resource numbers are tabulated/announced) and also as they announce grade increases early 2019 as they get into the Swan zone in Australia. It is known that Swan increases current grade from around 20 grams to 60 grams or more and so overall performance will ramp up significantly in 2019 and 2020. I believe this is a company that has a long way to go from here. Low AISC and huge growing cash flow and a smart, well run company. They are committed to quickly ramping up from current 625,000 ounces per year to a million + so that's a big increase in asset value. One of my few remaining gold stocks but I have a solid chunk of KL accumulated over past several years. Good luck! Chuck8 thanks for good info :-))
China, Russia and India All Prepare To DUMP the DOLLAR in Global Trade! 41,462 views The Money GPS Published on Oct 31, 2018
PRECIOUS-Gold gains on weaker dollar; U.S. election in focus 3 MIN READ BENGALURU, Nov 7 (Reuters) -
Gold prices rose on Wednesday amid a weaker dollar, with investors waiting for the outcome of U.S. midterm elections that could see Republicans lose their grip on Congress.
Ex-Morgan trader pleads guilty to rigging monetary metals, implicates supervisors at bank Submitted by cpowell on Tue, 2018-11-06 22:09. Section: Documentation
How did that "exhaustive" investigation of the silver market by the U.S. Commodities Futures Trading Commission miss this? How will the World Gold Council and most monetary metals mining companies continue to miss it? How many more anti-trust lawsuits will this prompt? Anybody seen Blythe Masters lately?
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Former JP Morgan Trader Pleads Guilty to Manipulating U.S. Metals Markets for Years
By Hugh Son and Dan Mangan CNBC, New York Tuesday, November 5, 2018
An ex-J.P. Morgan Chase trader has admitted to manipulating the U.S. markets of an array of precious metals for about seven years -- and he has implicated his supervisors at the bank.
John Edmonds, 36, pleaded guilty to one count of commodities fraud and one count each of conspiracy to commit wire fraud, price manipulation, and spoofing, according to a release today from the U.S. Department of Justice:
Edmonds spent 13 years at New York-based J.P. Morgan until leaving last year, according to his LinkedIn account.
As part of his plea, Edmonds said that from 2009 through 2015 he conspired with other J.P. Morgan traders to manipulate the prices of gold, silver, platinum, and palladium futures contracts on exchanges run by the CME Group. He and others routinely placed orders that were quickly canceled before the trades were executed, a price-distorting practice known as spoofing.
"For years John Edmonds engaged in a sophisticated scheme to manipulate the market for precious metals futures contracts for his own gain by placing orders that were never intended to be executed," Assistant Attorney General Brian Benczkowski said in the release.
Of note for J.P. Morgan, the world's biggest investment bank by revenue: Edmonds, a relatively junior employee with the title of vice president, said that he learned this practice from more senior traders and that his supervisors at the firm knew of his actions.
Edmonds pleaded guilty under a charging document known as an "information." Prosecutors routinely use them to charge defendants who have agreed to cooperate with an ongoing investigation of other people or entities. ...