Member Info for Lakshmi888

Silver and other PMs are ding Bog All!!

Not trading these anymore as beyond numb-mindingly boring!

Dollar strength hitting commods and so PMs remaining low and unable to rally or even rise.

UsdJpy dipped yday but until it falls to lower levels of 1.09 gold is going to remain at current levels....also still a chance usdjpy cld yet rise to 1.11+ thus hitting gold even more. As said, wldnt be surprised to see $1240-1250.....

*Tip: If you suffer from insomnia, watch a gold chart for 10 mins. Sorted!

got truly punsihed yday.

Various factors, mianly $ strength, finally caught up with the markets and all indices suffered.

FANG was no longer able to hold up SPX which lost approx 60 points from highs to lows.....NQ was a brilliant short losing over 200 points and as it had been the one steaming ahead in past months, it was always going to get hit hard on drops such as yday.....Dow as ever lost 300-400 points but that's just Dow for you!

They bounced back at the end of thes session but not entirely convinced the lows are yet in. As said previously, the rug was being waited to be pulled, and boy did they yank it from under the bulls yday!

Until $ strength subsides, yields, treasury bonds, EEM etc are all getting affected translating into a market that wont yet be able to sustain any kind of equity rallies....imho...

Let's wait and see what happens again within the next week......unless Powell/Trump pull their finger out and put an end to interest rates...or do s'thing to make the $ fall.....

Oil had a truly phenomenal day on Friday rising 300-350+ points for both Wti and Brent. Expected the rise due to OPEC (they had to come to an agreement, they always do, and SAs always win so no surprise there re. the rise) but the extent of the rise was incredible.

Wti gained approx 4%+ and Brent 3%+ though they lost half this on Sunday/Monday it wld appear.

Remains volatile and I wld like to see double top if lower lows are going to be seen eventually, but who knows. Shd rally later on in the Sumemr but until then, remains unpredictable as ever....

Thanks for that link. Awesome!;)

Hope you have a good day WMOC (Yeaaaah!)...

*brain
*peanut

See what mean.......:((

Morning W M O C!;)

Lol. I wish it were due to FMOC but alas, the real reason is simply I possess a pea-sized barin in my penut-sized head :((

Must. Get. It. Right.

WMCO WOMC WCOM WCMO.....hehe!!

All:)

Hope e'one has a great day. Safe trading and GL:)

a great eve all.

Patience paid off finally today with indices.........Thank you US/Powell/Trump :) Not so sure they're going to have a nice evening. Or indeed even a nice week...........;-P

Are Dead!! Shorts win;)

'Fina-Flipping-ly;

Nice rise from lows of last week.......:)

Only 4-5 weeks until:

''In accordance with the JOA, GSPC can remedy its default by settling the outstanding amounts. If this does not occur within 60 days, the Company may issue a notice whereby GSPC shall be immediately deemed to have transferred all its participating interest in the PSC to the non-defaulting parties, ie. Oilex.

An increase in Oilex's participating interest in Cambay from 45% to 100% would greatly assist the Company in strategic farm-in discussions with third parties. The Company has received several informal expressions of interest from parties to participate in the ongoing work programme and looks forward to updating the market when appropriate. ''

been hit for a while now ...under the radar but coming to the surface now.....

https://www.ft.com/content/0253351c-761c-11e8-a8c4-408cfba4327c

https://www.aljazeera.com/programmes/countingthecost/2018/06/emerging-debt-strong-dollar-troubles-developing-countries-180622194200677.html

https://www.businesslive.co.za/bd/markets/2018-06-25-gold-steadies-but-strong-dollar-keeps-up-the-pressure/

https://www.marketwatch.com/story/some-companies-are-already-warning-investors-that-a-strong-dollar-will-pinch-performance-2018-06-22

US and EZ having diverging policies hasn't helped either....

effect hitting the FTSE. Down 180 points so far.....

http://www.proactiveinvestors.co.uk/companies/market_reports/199451/ftse-100-sinks-as-german-business-confidence-weakens-amid-trade-war-fears-199451.html

Not Trade Wars else this wld have happened many many weeks ago......why didnt it happen then when Trade wars were first announced; shd the impact have been more severe at that time??

FOMC responsible for decision 2 weeks ago...effects are just beginning to manifest themselves....

needs to drop ASAP/immed else markets are only going to get worse.

Gold and oIl been hit hard (despite the massive rally of oil on Fri due to OPEC)..........this has nothing to do with Trade Wars.

Powell, FOMC, interest rates and the dollar are all answerable.

Dow has now lost 1300/1400 points since FOMC....an extra 350 as of this morning....

You've just noticed now?? ;)

Finally! Indices getting pummelled!

Waited 3 wks for this.......strong dollar has caused this as mentioned .......it was coming.........

No more pumping SPX to keep it up and manipulate the markets...... Dow and Dax had been signalling this for weeks how the indices were weak and rallying on v low volume due to their divergance with SPX and the fact Dow had lost over 1000+ point since FOMC.......

The time has come :)))

Lobsi, limited time today but done a quick search courtesy of my BFF (Aka Giggle!). You might want to Giggle Gold (metal) ore processing and Gold (metal) Extraction etc also. GL:)

https://www.investopedia.com/ask/answers/022315/what-does-grade-gold-mine-refer.asp

http://catapa.be/en/miner%C3%ADa/t%C3%A9cnicas-de-miner%C3%ADa/types-ores

https://investingnews.com/daily/resource-investing/precious-metals-investing/gold-investing/introduction-to-gold-assaying-whats-in-a-gold-grade/

http://www.resourceinvestor.com/2011/10/11/how-evaluate-gold-deposit-comparing-two-deposits

It wil inevitably slow down as the sp increases and until further news but has gone v well since the placing RNS...I think those that were waiting for 0.9p wil be kicking themselves as sp increased aprox 40%+ since those levels.....

Good Luck and hope you make lots of £££;)

Lobsi, feel free to come on here anytime.

We were all newbies once so don't worry about that or 'limited knowledge'. Bet you have a lot to contribute:)

The healthy churn of shares has been going on ever since the drop since the placing price was announced Lejjb ....when most were waiting for 0.9p whilst the rest of us were loading up at ~1p ever since......hence why it hit 1.4p+ days later:) Assume you finally bought in then:)