Billy, How’s your day going have you been in the garden it’s lovely out there catching a few rays. I think it’s nearly time for a kroni to wet my whistle befor e the evening meal. ::—)))))
Scoop, the divis is not a lot of it goes ahead that is, but it won’t have any affect on the share price at all as we’re having swings of 5 times the divi amount at moment so it will just get swallowed up.
I see the DXY on 19 December 2016 hit 103.76 well on 23 March 2020 it hit 103.82 exactly the same spot within a couple of cents befor falling rapidly. Now if you look at the base metal charts look at 23 March what do you see the maximum lows. Quite amazing wouldn’t you think that after 3.5 years this could happen with no more than a mere few cents difference If you look at the charts for both these periods the DXY shot up very fast in the preceding 2 weeks before hitting their high.
As we all should know weak USD means higher metal prices and with all the trillions the yanks are printing this will devalue the dollar therefore I now anticipate a slow decline in the value of USD over the next 12 to 18 months which is a repeat of the period from 1st January 2017 to the 23 rd April 2018 ffs that was my birthday this must be a lucky omen.
I know this is all speculative but in the markets history has a tendency to repeat itself.
TROAJAN I just been catching up on posts love the Stan boardman clip Yes gold doing very well at moment
The first clip from Bloomberg is quite old the crafty sods don’t date them and just repost them as fillers. the copper chart in the clip is from 2018 when copper was over $7000 per ton.
I learnt my lesson a few years back about getting in and out trying to make a few extra beans with hikma I bout in at just under £10 and it went against me for around 4 months but I held on in good faith and after 6 month I was pleasantly in profit it got to just over £14 and I dumped taking a nice profit, had I held for a year I could have made another £5 per share on top of that it eventually hit £21 —12 months after I bought in but that was a learning curve for me about trying to dip in and out when you get into a good share that why I won’t mes with KAZ I’m going to hold this for 2 years
I mean look at hikma it’s hit £24 just recently I know it’s been up an down but 2 year ago it was at a low of £8
This is what I’m banking On with KAZ I think it will work as they’re a well run setup and are producing some good numbers over last couple of years
Scoop ye it’s dangerous to play with KAZ at moment some big ups but not returning down allowing another dip in. Not really studied the chart since early hours but she’s moving up nicely
Craig, NK Iwas of the same impression but investing.com are futures prices and not spot prices
But if you look at goldies on the AUS market they up between 9 & 13% aus has now closed so it’s going to be whooooooooooosh for PMs they may hold it for first 15 mins or even drop it but then they’ll fly
FRES has beet up and down between 550 & 750 for a long time now and should move up to the next level soon 700 to 940 mark I’ve held this share for 8 months now and I’m not going to lose the faith I’m going to make fekin money outa this one I need another 13% to break even. This share has been the most depressed PMs share in the market for last 4 years going down when gold and silver been rising and it’s now time for catchup