Member Info for leas

Poker
The sheep are coming over to new pastures:)
My guess is that some in crypto will be slicing and locking in their profits in tangible assets which may or not be a consideration to the institutions.
Hoping now that the weaker holders see a way out now and we can close in on the next resistance level.
$1830 was breezed through yesterday which is certainly a strong buy signal to the institutions.

Poker
Diwali was a bit muted to say the least last year due to COVID so I believe many in India are pushing out the boat this year.
Certainly many buy signals now for those wishing to invest in PMs

Mary
hopefully you will be rewarded handsomely for holding during this year’s low. Maybe make BlackRock think twice over at CEY too. We have had a few good days in the last couple of weeks but still a long way to go. Hopefully demand for PMs will increase as investors scramble to switch strategy in order to cover any rate rises.
Full employment in the US will only make that inevitable, not forgetting high energy costs and supply chain issues.

Poker

Likewise. Still a long way to go for some private investors here to reach their break even point but if prices for gold and silver then HOCs next update should see a significant re rate.
Aclara is looking like a freebie to me. Coincidentally in Cyprus for 2 weeks atm courtesy of my HOC divi. Trying to make hay whilst the sun shines. :)

Silver above $25 now. Up over 3%. Revenue for this year has to be better than forecast now. Some profit taking to come but looking a lot better for PM producers now.

Just reading that 6.2% is the highest annual rise in over 30 years. The Fed can pretend that interest rate rise is not necessary just yet but imo it is kicking the can down the road and will have to implement higher rates than they would be comfortable with in the future.
So called experts got it wrong again.

Sotolo
Having been through mental torture with my online broker going into admin I have reverted back to the good old fashioned paper certificate.
That way the shares are in my name and not a nominee account.
If any LSE member is nit a frequent trader then I would urge others to do the same.
I had quite a bit of money tied up for several months unable to get to it.
I suspect that your shares are in a nominee account and that is why Barclays are informing you of that.

CPI above expectations. PoG reacting accordingly :)

Freedom
Bought here for the yield so I wasn’t too concerned whether or not they moved up or down. The selling off of the Asian businesses depressed the sp but now the shackles are off and again imo TSCO is being seen as a defensive investment.
They coped really well in all the lockdowns and you could argue their online delivery became bigger and better.
If I saw this as a capital gain investment then anything below 300 in January would be disappointing.

As recently announced HOC production will be up this quarter. Revenue likely to be above expectations so I guess HOC looks rather cheap at the current MC.
Still deciding on what to do with my Aclara shares and why they thought it was the correct course of action.
Maybe they thought diversification is not as important now that the political situation has improved or both companies are attractive as separate assets.

Steve
Of course everyone will or should be doing that in crypto but when I see journalists and internet constantly pumping crypto I become very suspicious. No doubt the very same people behind the banner headlines are locked and loaded and many of the sheep will be holding when they have sold down.
They will then be pumping the headlines about fools and their money.
Just my opinion of course. There is always a danger of ‘falling in love’ with your investment whether that’s CEY or crypto or both.

Seen it all before with the dot com bubble. I remember a company called Oxygen. Floated at 15 x it’s value on its debut to the market.
How on earth they could put a value on it in the first place is beyond me. It was 5 guys in an office, a telephone and a fax machine.
Any shrewd investor in crypto should be top slicing and buying or investing in tangible assets.
It will come down as quickly as it’s gone up, if not quicker. Just like a good old fashioned bank run.
Seen it all before. Each individual has their own risk v reward opinion but history will be the judge of who is right and who is wrong.
I’m the meantime I will continue to top slice my profits from my profits in the markets and continue collecting my rent.

My ‘cart horse’ of an investment. Never going to win the Derby but just gets on doing what it does. Plods along, relatively unnoticed but gets the job done.
What a difference 12 months makes, not many doubting Thomas’s around and certainly non returning to say they got it wrong. :)

Apologies earnings in relation to HOC

The earnings report last month was very good with expectations of increased production. Political situation has also calmed down with the government recognising foreign investment is essential for their economy.
Having read quite a bit over in the US on the recent change of sentiment towards gold it is accepted that strong figures in the job market will allow the Fed to raise interest rates.
Also demand for gold in China and particularly India (Diwali) is putting pressure on prices.
Fwiw, price here is held back by an institution selling shares into any rises in the PoG and it will only be a matter of time before CEY catches up with it’s peers. As always patience is the toughest investment to make.

Monkey
No reason why crypto will be sold or top sliced in order to buy PMs. Spreading risk and all that.

Sushi. ..,.. system

@ TheThinker

I had solar panels fitted to my roof several years ago. I’m that time I have had 6 inverters replaced that had faulty relays. (Cheap repair) However, because I have front and back panels both have to be replaced in order to ‘balance the system’
Coincidentally all my sushi’s manufactured in China. World has truly gone mad. More carbon has been released into the atmosphere in manufacture and supply than any electric they have generated.

Lining up nicely now. Fed acknowledging inflation. The worm is/has turned’.

PoG motoring now. Should see us move back above 152