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Latest Forum Topics / CNMC Goldmine    Last:1.13    +0.03  Post Reply
Goldminer
Catrade
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03-Apr-2025 20:42     
 
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 Alert Admin 		Yes, these 2  catalysts increased in 60% capacity and higher grade gold ore from underground mining r being mentioned from last report. Furthermore, the management can time when to sell the gold, maximise its profit. 

Eagle88      ( Date: 03-Apr-2025 15:50) Posted:

CNMC is different from pure gold play, any increase in gold price is a bonus for CNMC. CNMC will make more profits from other catalysts increased in 60% capacity and higher grade gold ore. Go for long term !!! 

trader1970      ( Date: 03-Apr-2025 15:33) Posted:

Sell on Tariffs news... Gold spot price doing some retracement.

Beware of Profit takers... 


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Eagle88
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03-Apr-2025 15:50     
 
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 Alert Admin 		CNMC is different from pure gold play, any increase in gold price is a bonus for CNMC. CNMC will make more profits from other catalysts increased in 60% capacity and higher grade gold ore. Go for long term !!! 

trader1970      ( Date: 03-Apr-2025 15:33) Posted:

Sell on Tariffs news... Gold spot price doing some retracement.

Beware of Profit takers... 

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Eagle88
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03-Apr-2025 15:44     
 
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 Alert Admin 		Trump has called this &ldquo Liberation Day&rdquo but it is unlikely that investors will truly be liberated from tariff uncertainties, says Menon. &ldquo Given Trump&rsquo s modus operandi so far, tariff news have been coming out gradually in phases and with lots of twists and turns &mdash we could see more of this in the coming weeks. Also, if countries retaliate, Trump could up the ante this possibility will probably continue to keep investors nervous.&rdquo
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trader1970
Elite
03-Apr-2025 15:33     
 
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 Alert Admin 		Sell on Tariffs news... Gold spot price doing some retracement.

Beware of Profit takers... 
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Eagle88
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03-Apr-2025 15:23     
 
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 Alert Admin 		41,443.00  USD&minus 1,049.00  (2.47%)today
3 Apr, 2:12  am GMT-5  &bull   Disclaimer


Eagle88      ( Date: 03-Apr-2025 15:16) Posted:

Opportunity to grab. DJIA futures dropped 1000 points !!!
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Eagle88
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03-Apr-2025 15:16     
 
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 Alert Admin 		Opportunity to grab. DJIA futures dropped 1000 points !!!
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Eagle88
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03-Apr-2025 12:11     
 
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 Alert Admin 		Singapore may be a red dot, but it is the TOP 3 buyers of gold in the world !!! MAS and govt may not ask us to buy gold, but it is so obvious for us to follow !!! 

Catrade      ( Date: 03-Apr-2025 12:02) Posted:

👍

Eagle88      ( Date: 03-Apr-2025 11:52) Posted:

China Central bank demands will not be satisfied until may be 1 trillion or more in value !!! Why go and support USD by buying bonds instead of buying more gold ??? LOL

All other central banks should do like wise soonest the better !!! LOL 

Gold price may double in the near future if Trump continues to do what he likes !!! 
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Catrade
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03-Apr-2025 12:06     
 
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 Alert Admin
BRICS countries (Brazil, Russia, India, China, and South Africa) have significantly increased their gold holdings in recent years, driven by a desire to diversify their reserves and reduce reliance on the US dollar. 
 
Here' s a more detailed look:
  • Increased Gold Holdings:
    BRICS countries have been actively building up their gold reserves, with their collective holdings growing threefold over the past two decades. 
     
  • Diversification of Reserves:
    This shift towards gold is seen as a way to diversify their foreign exchange reserves and reduce their dependence on the US dollar, which is a major reserve currency. 
     
  • Global Gold Reserves:
    As of mid-2024, BRICS nations collectively held 5,700 tonnes of gold, representing 16% of global reserves. 
     
  • Gold as a Safe Asset:
    Gold is seen as a safe asset, especially during periods of economic uncertainty or geopolitical instability, making it an attractive investment for central banks. 
     
  • Potential for Further Growth:
    The scope for an increase in BRICS+ global holdings is probably not exhausted: gold currently accounts for only 10% of BRICS+ central bank reserves vs. 20% of the global average. 
     
  • Impact on Gold Prices:
    Increased demand from BRICS countries, along with other central banks, has contributed to a rise in gold prices in recent years. 
     
  • China' s Role:
    China has been a significant buyer of gold, and its central bank has been increasing its gold reserves for several months. 
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Catrade
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03-Apr-2025 12:02     
 
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 Alert Admin 		👍

Eagle88      ( Date: 03-Apr-2025 11:52) Posted:

China Central bank demands will not be satisfied until may be 1 trillion or more in value !!! Why go and support USD by buying bonds instead of buying more gold ??? LOL

All other central banks should do like wise soonest the better !!! LOL 

Gold price may double in the near future if Trump continues to do what he likes !!! 

Catrade      ( Date: 03-Apr-2025 11:14) Posted:

https://tradingeconomics.com/china/foreign-exchange-reserves
China?s foreign exchange reserves rose to $3.22 trillion in February 2025 from $3.209 trillion in January and roughly in line with forecasts. The yuan appreciated 0.5% against the dollar in February, while the dollar weakened 0.9% against a basket of other major currencies. Meanwhile, gold reserves went up for a fourth consecutive month to 73.61 million fine troy ounces, above 73.45 million in the previous month. Their value jumped to $208.64 billion from $206.53 billion, in line with a surge in gold prices. source: People's Bank of China
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Eagle88
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03-Apr-2025 11:52     
 
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 Alert Admin 		China Central bank demands will not be satisfied until may be 1 trillion or more in value !!! Why go and support USD by buying bonds instead of buying more gold ??? LOL

All other central banks should do like wise soonest the better !!! LOL 

Gold price may double in the near future if Trump continues to do what he likes !!! 

Catrade      ( Date: 03-Apr-2025 11:14) Posted:

https://tradingeconomics.com/china/foreign-exchange-reserves
China?s foreign exchange reserves rose to $3.22 trillion in February 2025 from $3.209 trillion in January and roughly in line with forecasts. The yuan appreciated 0.5% against the dollar in February, while the dollar weakened 0.9% against a basket of other major currencies. Meanwhile, gold reserves went up for a fourth consecutive month to 73.61 million fine troy ounces, above 73.45 million in the previous month. Their value jumped to $208.64 billion from $206.53 billion, in line with a surge in gold prices. source: People's Bank of China
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Eagle88
Supreme
03-Apr-2025 11:46     
 
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 Alert Admin 		The wall will be brought down very soon !!! 

huattuatua      ( Date: 03-Apr-2025 11:05) Posted:

just look at the buy q, hahaha
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Catrade
Master
03-Apr-2025 11:14     
 
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 Alert Admin 		https://tradingeconomics.com/china/foreign-exchange-reserves
China?s foreign exchange reserves rose to $3.22 trillion in February 2025 from $3.209 trillion in January and roughly in line with forecasts. The yuan appreciated 0.5% against the dollar in February, while the dollar weakened 0.9% against a basket of other major currencies. Meanwhile, gold reserves went up for a fourth consecutive month to 73.61 million fine troy ounces, above 73.45 million in the previous month. Their value jumped to $208.64 billion from $206.53 billion, in line with a surge in gold prices. source: People's Bank of China
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huattuatua
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03-Apr-2025 11:05     
 
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 Alert Admin 		just look at the buy q, hahaha
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Eagle88
Supreme
03-Apr-2025 10:58     
 
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 Alert Admin 		Did Trump buy GOLD !!! LOL
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Eagle88
Supreme
03-Apr-2025 10:31     
 
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 Alert Admin 		Gold future is UP & UP, DJIA future is DOWN & DOWN !!! Gold and gold miner like CNMC will still be in focus !!! Very good sign !!! 

trader1970      ( Date: 03-Apr-2025 10:14) Posted:

38 cannot break, last line is 37.5. 

Beware of the short -term profit takers..
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trader1970
Elite
03-Apr-2025 10:14     
 
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 Alert Admin 		38 cannot break, last line is 37.5. 

Beware of the short -term profit takers..
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Eagle88
Supreme
03-Apr-2025 10:09     
 
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 Alert Admin 		I will add more to CNMC if my personal fund comes in in time for the CHEONG UP !!!   

Eagle88      ( Date: 03-Apr-2025 09:46) Posted:

Gold price and CNMC will shot to the roof if US is taking over Greenland by force !!! Nothing is impossible with Trump !!!
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Eagle88
Supreme
03-Apr-2025 09:46     
 
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 Alert Admin 		Gold price and CNMC will shot to the roof if US is taking over Greenland by force !!! Nothing is impossible with Trump !!!
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trader1970
Elite
03-Apr-2025 09:25     
 
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 Alert Admin 		Beware of short term profit takers... 

SmallSmall      ( Date: 03-Apr-2025 09:19) Posted:

Uncharted liao.....The sky is the limit. $0.39
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SmallSmall
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03-Apr-2025 09:19     
 
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 Alert Admin 		Uncharted liao.....The sky is the limit. $0.39
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