Member Info for deepjoy

US markets starting to roll over again and gold through 1950$ resistance ... spread here now very narrow sop all to play for.

with the RSI only at 54 there is a long way up to over bought that is for sure :)

we just need some volume to tip us over 10p and beyond ....

Magoo... I concur. The final results will be grim but hopefully the market will focus on the forward guidance. The real test for the broader market (esp US) is Q2 . I suspect it will be a car crash in the markets given all the signals on lower confidence and higher inflation. Holding about 30% back ready to pile in more but it is nice to see our seller(s) seems to have stopped dumping shares this week. Long may it continue.

Genuine Question Mr Tibbs.. why don't you just sell out if you have lost faith ?

gold price peaked at 2072 on the 8th march 10 trading days ago ..... stop complaining and sell if you feel aggrieved.

so the decline the last ten days was as a result of a decision taken four days ago ... wow some people on the market are weird... nothing to do with the 10% drop in gold then huh ...LOL

they haven't cut the dividend they have hedged the dividend going forward.. at least... means at least so under promise and over deliver which is about time for this company albeit from a low point.

The bank of England just raised rates as expected but they are more dovish than they have been for months. inflation forecast to 8% second quarter and they don't have the room to move without collapsing the economy (which will fall anyway) interesting the bond market reaction is that yields are falling both here and in the states. This means negative real returns on all government back investments. My stance is simple - Gold will rally like never before soon; it is the best environment for gold in my life time.

BOE rates not cast on as increasing again soon and inflation expectations circa 8% now.. Gold spot dips but it is going to be the only show in town very soon as the bond market yields are falling .. you couldn't make this rubbish up. Central banks are in a catch 22 now ..

2.358m share buy just cleared and that was a buy at 9p

Very low volume with everyone waiting for the large prints to come no doubt... sad really but who knows we may yet be surprised.

Q2 reporting will decimate the US market is my bet.

agree... likewise the news out of the US ..falling house sales, stripped out retail spend below estimates etc etc this week is a red flag that the market it ignoring. All eyes on a relief rally for peace in Ukraine is driving investors atm. anything but holding fiat currency for me and nearly all in on gold related investments now. Shame this is being sold heavily but the elephant in the room is the results which will be poor and if anything like CEY today no matter how informed the market is beforehand it will still tank sadly.

I think those are most likely sells... in this volume the SP would have rocketed on any such buys so likely to have been sell orders being filled or taken by MMs... I could buy 400k worth easily at 9.20 just now..not going to thou

oversold with an RSi of 40!! get real at least if you are intent on pumping ...

3 long weeks till results

well that open price was enough to scare a few. No point doing anything now until those results are released and then perhaps buy the inevitable dip...

sub 80 I reckon once auctions done

I am informed and I can tell you that this is heading a lot lower..I aint selling but I am fuming at the naivety of the CEO in putting out that rubbish ... far more needed in that RNS about the future not bullet points with not comparision.