The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
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I think it will hold/rise- the US data at 13:30 was enough to spook many that “transitory” may be a longer “transitory” than the Fed said… here’s hoping - no one know for sure…
Tee’d the share price up it would be nice for the company to release some positive news so the pps would rise even farther…
Or 7am on Tuesday would also hit the mark when they’re presenting at the RBCCM Global Mining & Metals Conference
Glad today happened anyway, it was well overdue.
@SteveJones: "Pretty much, as expected, all PMs rose well"
100% accurate. As I said a few days ago. All boats rise with an incoming tide. Today's CEY rise was 99.99% due to the rise in gold. I just hope PM prices can be maintained. Gold has already lost half its rise today and that will no-doubt impact CEY tomorrow unless PM power back up in Asia.
Glad to see the 1pound......can now see this easily upto 110 by next week.
Yep, no one apart from those on the inside know- we are but passengers and take our choice on the known data and how we think it will play out.
Fab to have a nice, large green day- it's exciting when the wave grows.
Pretty much, as expected, all PMs rose well- most think well undervalued at these prices pretty much across the board- let's hope soon the tide turns for PMs...
If all the bad news is in the share price so we don’t get hit with 4th quarter results then our profits and hence share price should rise around 3 times the rise in gold. Plus on rising gold sentiment could take it higher, SO if this breakout is confirmed and IF gold were to rise 10% then we could see 130p, and if news good in December and gold catches on as the flavour more. Conversely if gold falls right back and news is bad we could revisit 80 and further. I am of course hoping for the former, but the break over 1835 if confirmed is exciting and as said often before increasingly negative rate should greatly benefit gold…at some time.
I love this share ( when it works my way lol) tried several times to sell half my trading stash, around the 99.7p mark at around 415, with no success, could only set a limit order so didn’t continue, so not sure if book orders are filled before new trades are executed, but am content either way.
I think this has a lot of legs left to it , but what do I know
As the experts say: @For gold, which is a perfect inflation hedge, we see massive upward moves."
??
DYOR
I did say watch the US CPI data at 13:30 lol.
I was on the golf course and saw gold go up- hit my shot next to the pin on the par 3- happy days.
Nice to come back home with a fab rise here- well done all holders!
100.05p
:))
Currently outperforming HOC today which I don't remember ever happening.
Lovely move up in gold prices again today. Go on cey catch up.
CaneToad,
$1900 could indeed be a Bull Trap, that and you will be paying £1.15 for these in my view.
OK, I'm now getting excited by the gold move. I'll turn bullish when it breaks $1900.
What price will CEY be by the time we see POG at $1930 ?
:))
Hi djryan
What's a regulator? - They exist in the dinosaurs world don't they? - :-)
Can it keep it up? Fierce selling going on as well. Seen too many of therse temporary spikes reverse.
Price of cey reacting
Gnome ..have you looked at Fundsmith Global.Equity ?
I have for many years now avoided investing through managed funds which take a % of MY money when I invest, and another % of MY money when I divest, (at their suggest) such that they make money IN and OUT, whether the share prices goes UP or DOWN, and whether I make money or not. Such is the euphoria of using other peoples money (OPM).
Oh if I was a young man again!
But I still have a few marbles, and I like to play with them myself. Oh if I was a young man again!
good luck, (and really this time), good night!
such an interesting world?
best
the gnome.
Well the (all seeing) market has printed another billionaire, and not a feasibility study in sight. ANOTHER TOUCH OF THE INTANGIBLES.
Such is the madness of crowds and markets,
"Mining entrepreneur Tim Goyder became Australia’s newest paper billionaire on Wednesday after the first two days of what, by Thursday evening, could be a remarkable critical minerals treble.
The lithium developer that counts Mr Goyder as chairman and 17 per cent shareholder, Liontown Resources, will on Thursday publish a feasibility study into a new Australian lithium mine and hopes to spark the sort of market frenzy generated by Tuesday’s news that Mr Goyder’s Chalice Mining had made one of the best Australian mineral discoveries since the turn of the century." YES, BUT THE FEASIBILITY STUDY? MAKE ANY MONEY? WILL BE DEVELOPED?
The 35 per cent rally in Chalice shares over the past two days sparked a 26 per cent rally in a third company that counts Mr Goyder as chairman and major shareholder, Devex Resources, which is searching for critical minerals close to Chalice in Western Australia’s Julimar province. WHICH IS GOING TO MAKE ANY MONEY? WHEN?
“It is not only about the money. I have aspired to make discoveries and create something and we have done that.
GREAT SENTIMENT SHOW ME THE MONEY ...?
“I find that part very invigorating, I am a man of simple means; I like a nice bottle of red and lots of laughs.”
I AM SURE ...
Chalice’s Gonneville deposit in the Julimar province near Perth contains four of the minerals that the United States Geological Survey has dubbed “critical” to US national security and economic growth: platinum, palladium, nickel and cobalt.
And on the circus goes, euphoria, bravado, and irrational waffle. The market is not the all seeing powerful hidden hand, that economists worship. Just a group of malcontents and would be's and overnighters running this way and that.
“I think the endowment of nickel, lithium and rare earths in Australia is just outstanding,” he said. “Being a Western country we are going to be playing a very large part in smart technology...well there are a few hurdles to jump first...if the feasibility study does not indiacte a ROI and favorable NPV, then good luck and good night punters.
good night all
best
the gnome.
The only issue with ESG is that no one has ever costed it fully. The answer is that a lot of financial metrics that are worshipped by the financial communities, and investors get trashed. So do ESG inspired companies attract or repel investors. I can believe int he short term attraction but after that there maybe a few downside issues .
best
the gnome