Member Info for Kando

Watch what you like old sport. But no, the pump in silver in 2011 was nothing to do with RT and the one time stand-up comedian and graduate of theater Max Keiser. It's not hard to jump on a bandwagon and try to peddle the wagon off as your own.

It is well done, which is why it's effective propaganda. They wouldn't fund it if vulnerable people in their target countries didn't watch it.

The editor in chief herself said that RT had a similar role to the Russian ministry of defense in *waging an information war, and with the entire Western world." In commenting om RT's journalistic objectives, said: "There is no objectivity – only approximations of the truth by as many different voices as possible."

RT had nothing to do with the short squeeze on silver, you should thank reddit long before you thank RT.

If you think the personal mouthpiece of an autocracy run by a former KGB and FSB spy is a more palatable and reputable news source than the BBC then the west is clearly losing the propaganda war with you, or perhaps you're living in the wrong country.

"It was on the Keiser Report"

Ah yes, if it was on Russian state-controlled TV it must be true!

Still extraordinarily bullish for PMs over the next two to three years but it's probably unwise to ignore the current movements in the short term. I've decided to sit on the sidelines for a breather just to see whether Fres is dragged down with them. The charts are not pretty right now, the (I would argue - fleeting) strength of the dollar is absolutely destroying PMs. Hopeful it will present a buying opportunity though.

"Anybody here still bullish on gold? My feeling is that BTC has taken most of the investors. Only ones left are central banks and they move at the pace of a snail."

And what happens when Bitcoin dumps (again)?

My humble opinion is that gold is at the start of a stupendous rally much like the one from late 2008 to mid 2011.

High inflation becoming persistent, stagnating growth concerns, and central banks left with just words and threats but no intention of meaningfully raising rates - because to do so would bring governments and economies down with ballooning debt servicing costs. They have to stomach high inflation because it's the lesser of all other evils, and thus a situation in which gold will surely thrive.

It's fairly simple my condescending friend, itsagame. Ignore the noise coming from the company, it's not useful; instead analyse as many other shares as you can find which have suffered similar afflictions on sentiment. Marry up those whose movements hitherto matched the movements here, and project the inflection points from the aggregate. The average inflection point, at which the % drop concluded and began to recover would translate to around 120p, but to account for a standard deviation of variance 135 is a fair assumption to catch most outcomes.

History doesn't always repeat itself, but it usually rhymes.

There's no need to get offended personally just because the share isn't doing what you want it to and people are suggesting instead what it might do.

Two weeks ago at 215, suggested it looked to be heading to 135 - enraged the locals.

At 190 on Monday , suggested it looked to be heading to 170p by Friday - offended the locals.

It's the hopelessly optimistic on this board, trying ceaseleasly in shifts to convince people to buy into a falling knife that are deserving of censure, not the likes of valueplay for pointing out the obvious.

This share still looks to have more to fall, exercise caution, don't buy yet.

""Nothing wagered but trajectory suggests 170 by Friday."

Kando

if you look at the Moon cycles and plot them against the stock market since 1950..the "trajectory" suggests a market improvement moving towards the first week of December as we approach the New Moon

"trajectories" come in all sorts of shapes and forms"

Inspite of your not-so-relevant reference to selenology it's still following said trajectory.
170 by Friday, 135 next 3 months.

Nothing wagered but trajectory suggests 170 by Friday.

135p

"Kando,

Then what if it's not? I am not an expert just asking what price will makes you a buyer then?"

Then don't buy. It's pretty simple. Interpret the data, estimate a trajectory, decide the price you think it's heading towards and a price that represents good value and stick by it unless the data changes. And it hasn't changed yet. Buying now at 190-210 is buying into so many red flags, with no cushion against further drops.

Plenty of other shares to invest in if it doesn't go there. Blind loyalty to the THG cause, or any other share, is not going to change the reality facing that company. The market doesn't think the drop is done, so it's not done. Nothing any of you say here is going to hype or ramp it back into favour over night.

If BlackRock were offloading at 195, what does that tell you about their expectations for near time price movements? They're selling at a loss because they expect it to fall further... It's whether and when they start buying back in that's important.

Sure, there might be a recovery later. Yes, there might be a path back to favour with the markets, but it's fair to say BlackRock wouldn't be daft enough to be selling at the very bottom - they're selling because they're anticipating a lower bottom.

I don't know where that bottom is, but I'll be holding off until 135, if it gets there.

Ore - What you say is predicated on the "fact" that the transition actually costs ("bankrupts") us. It doesn't need to, and isn't. It's creating jobs en masse and industries that didn't exist before.

Yet fossil fuels are increasingly subsidized by states. It is the legacy energy system that is costing us - the future is cheaper, and sans the fossil fuel subsidies seeking to delay the transition, more competitive. Just let it happen.

Saving the ecosystem is almost a secondary by-product to a cheaper energy supply and energy independence for hitherto dependent nations. Corollary to that, the sooner countries are less in tow to the likes of Russia and Saudi Arabia, the safer and more stable the world becomes.

The transition is win-win-win... unless you're a recalcitrant oil or coal producer refusing to diversify. Everyone else wins.

Sain, do you have a price in mind that it might fall to whereupon you would be tempted to buy? Or are you just happy shorting it?

Would you see any value in this at 20p?

While it's commendable trying (and so diplomatically at that), if they haven't got it by now, they're never going to get it.

"Climate change is a cycle and nothing to worry about".
Sums up the level of delusion. The asteroid that wiped out the dinosaurs was presumably part of a cycle of asteroid strikes, and nothing to worry about either.

Not looking good, no.

Shall look forward to my copy of "Investing for Dummies" that SYN00GOLD promised to buy when it hits 135p. Then I'll have something to gift back to him for Christmas.

@yrabsmurruc

Blah blah blah. I was here Friday too when it bounced. If you need this forum to be your own personal echo chamber of baseless hopium, you're going to have a bad time.

The chart looks very much like it did on Sept 23rd, Oct 8th and Oct 19th. Bounce looks to be over, ready for next step down.

When crude advances beyond $85. I think a key executive at goldman considered that to be their bullish catalyst for PMs.

Why would it be anything other than dead in the water? The option is to buy a PART of the company for what is now, much more than the market capitalization of the WHOLE company. What possible rationale would see them exercise that option?