Member Info for gbreye

Based in Singapore and I am seeing a lot of selling of USD from my desk today. Also personally getting spooked by the SGD to GBP as SGD is tied to USD and most of my investments of late in Singapore T-bills. Am returning to UK at some stage soon so need to sell my Singapore assets before the USD plummets.

Correct, Sir.

Interestingly, the SP is extremely correlated to any movement in gold - much more than the the top 10 gold miners in Blackrocks World gold ETF. I don't know why this is, but with such strong tailwinds for POG, this will just continue upwards IMHO.

Not sure about those brokers forecasting a SP of 50 - well I wasn't sure a week ago..,,,but now ? YES

Although I am hating equities in general... i think i will definitely regret not to be in this fund.

This stock and Harmony Gold both seems to be very positively correlated to any uptick in the gold price. I think we will soon see $40. IMHO DYOR

Seems very strange, but a massive buying opp. Growth should really have been expected to slowdown (same as for any other company) - so that mark down is a tad severe.

Anyone else glad they didn't sell out on the takeover ?

Any truth some news that JP Morgan has taken a chunky position in CEY ?

My apologies - slightly off-subject but till related - has anyone taken a look at // already piled in to Aberdeen Physical Silver ETF lately ?

Just glad I didn't sell out on the takeover news.

Unpleasant man, unpleasant people.

Yes I agree with what you write. I think the SP is still not near fair value based on fundamentals alone (around 670p target fair value); however, the PE of ca.35 is still de minimis and I would anticipate that the SP will fly well beyond 670p over the next few months. THis is all IMHO so DYOR.

The SP is getting nearer to fair value (i wrote several months back that it was nowhere near fair valuewhen the SP was hovering around 387. Momentum buying now from institutions and small investors (both FOMO) should see this pass 600 and start testing 650 IMHO. DYOR.

Going through the numbers and the share price (even after today's uptick) is still nowhere remotely near fair value.

Fundamentals definitely look strong. I held back because I initially saw this as a "fad" stock. I foresee a lot of very strong buying in the months to come.

A well run fund being cautiously managed in these uncertain times. I'm glad to see it, quite frankly.

agree. also consider how much money is being lost to "woke".

Got that real gut feel now that CS is pretty much a gonner and gold price is being supported by the too big to save possibility - and hence all mayhem and the collateral damage this could cause.

https://www.marketwatch.com/story/own-some-gold-because-consumer-confidence-is-in-the-tank-says-veteran-chart-watcher-11649351175?mod=home-page