Endeavour Mining plc T.EDV

Last Rant

[RONNIE111]

Mark,
I totally agree, but the frustrating part for me is that even though Americans buy little gold jewelery, the central bank buys none, and my guess is that alot of the investment gold trade in the US is by non Americans (as is alot of the stock market trade) ; yet every little thing the US Fed does totally controls the price of gold, and therefore the price of gold companies.  

And the Algorithms that are programmed to buy and sell gold are so dumb, but totally in control. 
I thought markets were suppose to be forward thinking.  Friday's job report is totally yesterdays news.  A reaction to the Americans prematurely opening everything , like indoor dining.  Covid-Delta is already racing through America - deaths are at 500 a day already and climbing quickly.  The experts say a 90% vaccination  rate and other precautions are needed to stop it.  Maybe the Americans will just accept the dying, seems like lots of states will, but indoor dining will become a very dangerous activity again.  And if indoor dining slows , there   goes the American economy.  But the Fed will continue to do all it can to prop up the stock markets so they will have that.  


And don't talk to me about patience!   I came to Endeavor when EDV bought out Avion Gold. Back when I was still young!  I had a fair chunk of my gold investment in Avion and watched as it went down down down.  Until EDV finally bailed it out by taking it over.  That was one time when I wish I had had way less patience!  But yes I have lots of patience with EDV.  Best gold company in the world I would think.  Obvious path to 2m oz per year, and soon. More cash then they know what to do with.  Gonna wait this one out.

[mercedesman]

Don't use up all your rant credits just yet Ronnie. We had the overnight where Gold was clubbed like a baby seal, followed by the resurgence of cryptos ! Just when you think the enemy runs out of ammo, they come up firing again.  The only good news is that Central banks can't seem to take on cyrptos and gold at the same time, so they have to save up their ammo and fire only on one

[RONNIE111]

So let me try and understand.  On Friday around 900 thousand folk in July, in America, got their jobs back at their resturant,  because all the mask mandates etc. had been removed.  This was seen as a tremendous boost to the US economy because we all know that indoor dining is what drives it.   And then on Sunday evening in Asia, at a very quiet trading time, the big