Member Info for esduk

2 x 100k buys and a 50k buy so far this morning.

Yeh, currently over $3,667. Despite my earlier mix up, it might have a chance of touching $3,700 after all today if it continues like this...

Apologies, ignore me, getting my £'s and dollars mixed up... We're at £2,690, not $3,690...

On a brighter note, Gold has hit $3,690 and looks like it could test $3,700 today. We did say the rise to $3,750 could be very swift. After that, $4,000 is the short term target.

Erm, you might want to check your population stats... we're at 8.142bn today! I would also say that the acutest debt problems will be for countries that have ageing populations (unless AI / robotics massively hike productivity). But agree that higher debt and currency debasement is the main driver of Gold price, and any further sanctions on Russia will have little / no effect on POG.

Top up from me in the 34's

Gold approaching $3,650. That $3,750-4,000 target is not looking too far away right now.

Yeh, my post was referring to nen2319's post about a raise "Looks like a raise happening in the background to me but time will tell." Sorry for any confusion, I was just replying to STN's post saying he didn't think it was nen's first post, but he had used a different thread which may have confused things. Had no issue with your post at all...

Anyway, as I'm clearly too full of my own self importance, I'll take a step back from posting for a bit, which is probably no bad thing.

Whether it's his first post or not, it's not backed up by any analysis, evidence or explanation of thinking, so it's pretty much worthless in my opinion.

As I day that, a delayed reported 50k buy pops up from 8.42am, so looks like a mixture Johnboy.

I think the 50k's today are sells, with the possible exception of the one at 8.37am, which is less clear cut, though still likely a sell to my mind.

Haha, nice first post here! Really well evidenced...

Element, I think the S&P topping and then coming down slowly (without a crash) would be ideal for gold stocks. If the AI / tech / crypto bubble starts deflating (rather than bursting) and the buy the dip mentality is challenged, investors in those asset classes / S&P passive funds may decide to take their profits out (while they are still substantial) and look to preserve their wealth (in Gold bullion) and generate capital and income growth by investing in Gold miners whose quarterly earnings are going to keep knocking the ball out of the park and stand out amongst other companies.

Long dated bonds are clearly a risk at the moment and the whole 60 / 40 cookie cutter approach is clearly outdated. Goldman's most recent research on Gold price suggest that a 1% rotation from privately held US Bonds to Gold would take Gold to $5,000. That's without including a rotation from the S&P which is very likely as well. We couldn't be better placed if we tried.

A crash in the S&P is likely to take Gold and to a greater extent Gold stocks down, but the recovery should be pretty swift, so this scenario still works out for us in the long term, but would be more bumpy.

Agree with Codejunkie, I don't think it means something is going on in the background (I think the things going on in the background are actually very positive for the share price). We seem to still have 50k seller and some PI's may be rotating money into other hot investments for the time being given we may be range bound. Imo, this is the time for patience, remembering the value proposition and topping up on dips / towards the bottom of the range. We should be in a very different place in three months time.

Welcome to the board, and thanks for the feedback v007. I'm also on HL and have seen that option. My assumption though was that someone on HL/a similar platform would not be regularly buying £50k and £100k chunks, or 10 sets of £20k in a day, so I tried to separate PI buying by not including all the £4.99k and £9.99k trades, and suggested in my post that I've probably counted some trades that were PI's buying and missed some bigger £x99k buys that didn't neatly feet into my excel search function. As I've said, this could all be a coincidence, or it could be multiple parties rather than a sole buyer, but having just re-looked at the timing of the trades and the pattern of them, personally I think someone accumulating is a more likely explanation. Anyway, looks like we are range bound for the time being, so will be looking to see if I get a chance for further top-ups.

Thanks Jbanzi, it didn't take too long as I used various excel formulae that I can still just about remember from back in my (financial) modelling days. Probably would have taken me longer with AI as the data is in an offline spreadsheet and I would have to learn how to use AI / sign up for one first. My wife uses it a lot, but I'm still at the "using it as a search tool" stage. I will get some training one day as it feels like something you don't want to be completely left behind on, but probably not in the near future.

STN, no need to feel guilty at all, was doing it while listening to one of the macro podcasts I follow, with a glass of wine in hand. I enjoyed wracking my brain for excel functions and it's the right question to be asking, so I'm glad you prompted me to find the answer. I also like my round number trades (in shares, not £'s). The 99 feels like a calling sign to me, particularly when it's used on the same days, and at all those different levels (14.99, 19.99, 24.99, 29.99, 39.99, 49.99, 99.99). Just can't imagine it being coincidental, but I guess anything is possible.

STN, to answer your question about "Mr 99" and whether I have been adding up, the answer was no. But your question prompted me to do just that. Luckily I still have some skills with excel so it didn't take me too long...

My records go back to 28th May. I have four days missing in my records. I searched for buys sized at £14.99k, £19.99k, £24.99k, £29.99k, £39.99k, £49.99k and £99.99k. I also manually included a handful of other buys that had ended in £x99k that I though matched up. I didn't consider anything under £10k e.g. £9.99k or £4.99k, though there were quite a few of these. I wanted to draw the line somewhere and obviously those could easily be PI trades. I'm sure I've missed some out, but at the same time I have probably included some that were PI trades. Question, does anyone on here purchase in chunks of £14.99k or £19.99k? There were a massive number of £14.99k and £19.99k buys and I have included them all, but if someone on here is responsible for those buys then please shout out.

Based on the above I have a total of 7,992,598 shares bought (equivalent to 2.379% of total shares in issue) for a total consideration of £2,751,874. The £x99k buying was quite pattern based, and really kicked off on 3rd, 7th and 8th July after the BCA and Tyseley commissioning RNS's, with massive days on Friday 18th and Monday 21st July and then 11th and 12th August as we pushed through previous ATH's. It definitely feels like someone accumulating a big position to me, and according to my calcs, they still have a decent chunk to go before they would hit the 3% threshold. Will be interesting to see if these trades continue, and if so, whether we get a holdings RNS. Of course, it could all just be me reading too much into things, but somehow I doubt it.

Mr 99 there with a £39.99k buy just before close. Quiet accumulation continues.

Yep, seemed like a completely square book today, the SP movement closely followed the trading. A few background buys and sells but no MM shenanigans. No UT either, as you say. Have a good weekend all.

Someone has been quietly accumulating today, lots of 50k+ delayed reported buys.