Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
I have watched quite a view interviews lately with the likes of Andrew Maquire,Peter Schiff,Jim Rodgers to name just a few together with the Elliott Wave traders I follow none of them can understand the gold price and all agree in time its going to soar
Alot are against the actions of the Fed and the stimulus packages for those who dont need it .I dont always look aft the share price and thought it would have been under a pound by now so i was quite surprised it wasnt
Not doubt another drop in hold around 1pm just before the Nonfarm numbers
Like I have said before I am no expert on this matter but j do follow certain people who are
Briefly whilst it is in an area between 1700 and 1750 we are ok and later in the year the next leg up of the cycle will take if way past the 2000 level
If it drops below 1700 then you could get lows down to the 1400 level,which would be a nightmare for Cey whose Aisc is at this price
Why are you concerned you may loose 10% in the 3 days but you may gain it as nobody knows what Bitcoin is going to do
Personally I sold at 255 last week,as I just dont like all the hype everyone is pushing this up and when no more money can be pumped into it the bubble will burst
Never be greedy you could loose all unless you bought at sub 50p
All share dealings are a gamble you win you loose just ask the poster who invested in Sirius and now he is trying to get his money back he may succeed but it depends on how much he is prepared to loose
See my earlier post Dow down 469 will this continue to next week its not just about the bitcoin price
Let's start on 1st Jan when Arg was about 35p and Bitcoin was a little over 29,000,now Bitcoin is 45,500 so roughly an increase of 50% and Arg is up 700% have things changed so much in 2 months as to value the company this much
Look what happened to Gme all I am saying is be carefull
Nobody knows what is going to happen,its a gamble it could go up or down
You could put 50k in it and double or you could lose half.The valuations to me looks heavy bearing in mind when Bitcoin was a similar price a couple of weeks ago the share price was around 150p,so the correlation is widening due to hype if this were to wear off due to market sentiment it could dive*
Dont be greedy and hold back in case things turn worse something is better than nothing
Dagger
See what Powell says to Congress this week on the rising bond yields and what the Fed could do to stop them going up
If bonds fall gold will rise and hopefully the share price,other then that you are going to have to wait for some good news from the company but they are a little slow in doing things
The people on this board are more intelligent than myself so I will be guided by this and stay the course at the end of the day in 10 years time if it's the same price at least with the dividends it will bring my average share price downby half