We would love to hear your thoughts about our site and services, please take our survey here.
To generate above average capital appreciation of its investments through a selective portfolio of securities and other instruments in the precious metals, diamond and uranium sectors.
Find out MoreLondon South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Can anyone explain the latest RNS
That my purchase is listed as a sell. Unless of course that someone sold the exact same amount at the exact same price at the exact same time. And my purchase was omitted on both here and on Hargreaves and Lansdown. Its no wonder bloggers are continually complaining about 'trades' information.
Odd that with a 'value' of 47p a share, all (bar Freshnillo) of GPM's listed gold Company's up from 2% to 7%, GPM's SP languishes at 34.5p. I suppose its all based on the continuing demise of gold and the CAD/£. With everything so rosy and perfect in the world, there's little to push folks into the yellow stuff. But, I've just added, just in case....
Fed held rates. Gold up. Silver up. US bond yields down. All LSE listed big cap precious metals stocks up including PAF 8%, LMI 7%, FRES 4%. GDXJ and GDX up about 7% since the Fed decision. Epic buying in GPM again totalling over £300K and only £6K of sells. This has been the case for many days. Top ten discount to NAV since inception of fund. All this and we tick DOWN on one tiny sell. Yeah right. Hurry up and fill those buy orders.
Another 88K and 100K buy just flagged up. Must be an insti buying or perhaps it's Winnifrith. Once they've finished I think we'll move up quickly. NAV must be around 60p by now given 8% rise in GDXJ yesterday. GLA
from 8:01 and 8:05 just flagged up. 440.6K bought so far today and only 4K sold. 110:1 ratio and still price is held. Fed news was positive for GPM. Looks like price being held while major investors pick up shares IMO.
44600 shares sold today and 378174 shares bought, a ratio of 8.5 to 1 yet SP is down. ROFL. Yellen rate decision tonight. Should see fireworks tomorrow.
832K shares traded with 768K purchased and only 65K sold. When will they let it go?
All LSE listed PM stocks up this morning as are metals prices and GDXJ. Silver chart is looking particularly nice as is GPM chart itself. Sector looks to be starting a new leg up, so why on earth are folks selling. Must want something to do. Give me strength.
Yellen is now out of the way and PM prices are up. Discount to NAV back near highs at 21% and SP touched bottom of rally upchannel at around 46.75p. GDXJ having second good day in a row. Buys coming back to GPM and SP moving back up. Looks like time to add. GLA
Au and Ag still getting crushed, just had rainbows and unicorns US data release and Yellen about to jawbone the hind legs off a donkey. Wait till Tuesday IMO. Will gold go sub $1300?
Pass me the tramadol.
Either that or the metals are indeed about to move lower and the rise in SP is to help offload some shares nearer to the move high of 49.29p set the other day. If that's the case, I would expect this to move lower quickly on any further drop in the metals prices. Need to see how the metals move in the next few days to have a better idea.
Indeed I cannot understand the rise today. Maybe just filling the gap created in the last few days/week.
Best day since the two days post Brexit. No obvious catalyst and against the grain. A tad ridiculous.
Not sure what's happening here. Gold and silver moving lower again and miners sliding, yet up goes GPM. Very odd.
Looking forward to Monday, and hoping the gap closes here. ATB
Looks like the US has ponied up a suitably 'positive' jobs data release just in time to prevent a further PM price breakout. Unless the metals turn back up ASAP I have a feeling this may be the start of a medium term retrenchment across the sector as the US jawbones about raising rates at the next Fed meeting in about 6 weeks. A bit of retrenchment and consolidation here would not be a bad thing. It might explain the under performance here the last month.
On the plus side my wife's Manpower stock options are up half a percent, although off their highs of 6-12 months ago. Also GPM NAV was up again, but still trading at a discount. Gold up, Silver up, the only way IS up, or it should be. If Trump is ahead at US election time I would put everything I own into gold/precious minerals.
And US employment data is worse than expected. Up we go. RRS now up about 8% off day lows.
reaction by gold to UK QE and rate cut. USD resuming its slide against JPY also. Reaction to US unemployment data at 1:30 will be interesting. A less than stellar data point may be enough to push gold to a new multi-year high at $1375.17. Only $12 to go.
I took a small £2k position here at start of the week. I can't understand why GPM trades at such a discount to NAV? However share price is heading in the right direction, and charts look good.
sets new 1 month high. No resistance now until 25 month high at 21.14 from July 4.
By my calcs, a further 1.8% move up in the gold miners and the NAV here will be 60p. May well see that after the N American open at 2:30 if not before. Only been a bigger discount at close in GPM on seven occasions.
are up about 7% since Thursday evening and GPM NAV is now almost 60p, yet GPM is down. Anyone else feel like the market is taking the ****? The 13-15p upside to NAV is ridiculous. This should be in the 50-52p range at least now.