Gold up 100$ approx today so far.24 Mar 2020 11:31
Yet GDP holders still selling. I cannot get my head round why this is? True SA may cause a temporary blip but Gold keeps on rising and the Rand falling we are sitting pretty? Also Kili must be worth something now and we do have business outside SA?
Now back above 1500$ at the time of writing. It is only a matter of time after all margin calls are settled that it moves upwards again. I cannot say for sure what the GDP SP will do but the longterm prospects and underlying value makes it a steal right now. Tell me I am wrong?
Failed to BUY a few more GDP at above ask. I have been adding a few more virtually daily as the price tanks? others managed to BUY at the ask which is 4.1p
Yes High Oktane - Saudi is increasing production and the fall in POO to get Russia to agree on new production figures. Agreement will be reached sometime relatively soon. Fill up your gas tanks as I think that when the virus really strikes home people will prefer to travel by car than by public transport?
Me too. Every day I am adding a few more - just cannot help myself whilst they (MM) seem keen to sell? I have never come across anything like this before. All BUYS but no increase yet? Unless a big seller in the wings?
Unlike some I am not disappointed as a long term holder I am happy to look to the future in a turnaround situation. If the price drops today I may well add a few more. Investment is essentially not about the past or the present but the future which looks rosy to me.
No bad news coming as far as I can tell. Gold and Silver down sharply but will retrace soon. This week could be a good time to BUY FRES as long as you are a longterm holder. Judging the bottom is impossible. And panic selling is the order of the day so time to snap some up at discount.