We would love to hear your thoughts about our site and services, please take our survey here.
Seems interest coming back into gold ETFs.
https://www.kitco.com/news/2022-02-08/Gold-ETF-inflows-printed-at-their-highest-since-May-last-year.html
Steve Jones
Don’t you think It’s all in the price, Poly are 450p out of sync where it normally would be with gold around $1800. This Putin possible invasion not come out the blue, been going on for months. Fed rate raise in price, lower dollar higher gold, like todays price.
25.6% potential upside in Polymetal.
https://www.***************************/polymetal-international-plc-25.6-potential-upside-indicated-by-morgan-stanley/4121049468
Want to put on sanctions even if no invasion, stupid, Putin might as well say ok , go forth and multiple, I'm invading.
Invasion in the price now, not come out the blue, that’s why they fallen from 1575p.
I don’t think they will invade in my opinion. But who knows what Putin thinking.
Encouraging these brokers coming out with BUYs, second one today, 1750p like that one.
Just out Wood & Co have come out with a new BUY rating for Polymetal 1540p target.
The trading range should be around 1525p to 1550p if gold stays above $1800 in my opinion. Positives are Swift System unaffected. Silver looking good has well, Poly fifth largest global producer of silver. Also we should receive inflation beating dividend this year.
To get this back to decent level around 1850p gold has to push towards $2000 I noticed Comex this afternoon in US they are buying at the moment it’s seems, only another $182 dollars to go. Contracts on Comex 100oz to 1 oz contracts the gearing is incredible.
Why? Of course not.
Even if Russia attack Ukraine they said won’t cut Russia from Swift Sytem.
https://tass.com/world/1389297
High volume, looks like capitulation, some bulls have said had enough. Gold good, Polymetal down on large volume, which is strange, some bulls dumping with the bears.
Interesting article.
https://www.fool.co.uk/2022/01/07/potentially-the-best-passive-income-stocks-for-2022/
Polymetal was always a good gold price tracker always in sync. Now the gap is the widest I have seen, if you look at a chart. A lot of political worry in shareprice. Once tensions ease, should have a big jump in shareprice to get back into line with gold.
Production report 26th January it will give us an idea on guessing dividend, if decent and gold above$1800 and things calm down Ukraine I see these 1350p to 1400p end of month.
Self funding for treatment is booming, rather than waiting a long time with the NHS.
I think 350p trading range, a bidder would have to pay 400p.
https://www.fool.co.uk/2021/12/19/2-of-the-best-uk-shares-to-buy-for-2022/
I thought I read the dividend median by analysts is $1.42 for 2022. That’s ok if right.
Article saying forecast yield 9.4%, probably more like 9.7% now.
https://www.fool.co.uk/2022/01/04/investing-like-warren-buffett-should-i-buy-these-ftse-100-dividend-stocks/
These will bounce big time when things settle down. Gold at this price great news,
On Monday Citi have a buy for Hikma target 2880p.
It’s not figures but a trading update, I expect a very positive one, to push the shares into a new trading rang.