Again exceeded $1700 for a short time overnight. Currently trading at $1698. Another surge may offer some support to the recent gains made in the sp. http://www.kitco.com/charts/liveplatinum.html Good news from China again, last 1/4 of 2012 saw their economy back in growth. Expected to be at 8% this year
Again exceeded $1700 for a short time overnight. Currently trading at $1698. Another surge may offer some support to the recent gains we have made in the sp. http://www.kitco.com/charts/liveplatinum.html Good news from China again, last 1/4 of 2012 saw their economy back in growth. Expected to be at 8% this year.
I would also like financial independence. Had a horrid year at work last year and am wondering if I can bear to last it out another 2 years until my shares come through (I hope - similar time frame to you with IOF, SXX, and VOG as my main runners, with IOF providing the first returns, I reckon). Have given up trying to find another job.
Anyway, I keep on doing and re-doing my sums and weighing up benefits and risks to retiring this year instead to the Red Sea area in Egypt and just doing my own thing (in which case I should be almost OK as long as my shares don't all go down by some massive amount but I do need to consider that possibility). Trying to be financially independent in Switzerland is almost impossible! Always scared that my hopes with shares are in any case idle dreams and need to work out all those plan B and "what if..." scenarios! Having said all that, work has been a lot better since returning this year, so let's see how it goes! I'm paid well, so shouldn't complain, but sometimes I just want my life back and less stress.
SXX - expecting upgraded resources in the next month or so and after that perhaps some news on funding subject to planning permission granted, so not sure it will drift, but could be wrong. Planning permission should be submitted by end of month (don't expect much reaction) and then volatility until permission granted/refused 4 months later. They should also join the FTSE at some point as that was their aim to reduce volatilty and to get more IIs on board. Once all excitement after planning permission granted etc (we hope!!!) is over, then I think it may drift, unless a FTSE listing helps to prevent that.
Anyway, sorry to all for the off-topic. Agree with you that the political situation is the biggest risk here. I noticed your earlier post on the situation in SA. Thanks to you and everyone for posting the information. Good to see us going back (or should I say forwards?!) in the right direction.
6th trading day in a row when we closed above the day's low. I have to agree with Bailey, but for now it feels like the 'good old days' Not sure if the rise in volume is down to the coming 1/4 update or someone building a position. 15p the next barrier to crack, be interesting to see it tested. GLA
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