Member Info for NoelShempsky

For those who don't have time to read the article - CGNR called on Bob Moriarty for advice.

His advice lifted the sp by 50%.

In 1984, Bob Moriarty made history with his daring stunt of flying under the Eiffel Tower (watch it here, https://www.youtube.com/watch?v=_txdqnVP3-c). Anyone trying that today would be shot down.

He was the youngest USAF pilot in the Vietnam war and he holds the record for flying the most missions. He is now very much anti-war.

321gold has been running for many years, about twenty I think.

That rise of 50% was thanks to Bob Moriarty.

"Conroy has Irish Gold for $11 US an Ounce in the Ground"

http://www.321gold.com/editorials/moriarty/moriarty090425.html

http://www.321gold.com/

CGNR tipped on 321gold -

http://www.321gold.com/editorials/moriarty/moriarty090425.html

Bob Moriarty has a lot of followers.

I look at his site every day

http://www.321gold.com/

I always read the RNS. Why bother to look at news items.

"keep tack of" - drat - should have been - "keep track of".

About FOMO and buying back in at much higher prices.

I saw it in the Dot Com era. A company would float its shares at 10p and at 50p or 60p many people took profits. They were buying back at 100p.

Those who took profits at 100p were buying back in at 150p or 175p, and so on all the way up to 750p in one case that I have in mind. 10p to 750p.

It wasn't just a bull market, it was a mania and shares could go from 100p to 300p in a week.

Gold and silver are entering a mania phase. I'm not clever enough to have worked that out, but I am clever enough to keep tack of forecasts and spot those who keep getting things right.

"There are those who know and know that they know" (I'm sure you recognise that from, "There are four types of men") and the quotation goes on "They are wise, follow them".

"There are those who don't know but pretend that they know. They are fools, avoid them". Centuries old advice.

"Most of those who take profits now will be hit by FOMO" - that applied to those who took profits at £12 and at £15.

"Remember to take profits! " - that is generally good advice and there probably will be a small, brief fall back, but with stamp duty it will be hard to get back in at a lower cost.

Most of those who take profits now will be hit by FOMO and buying back in at £25 a share plus stamp duty.

Another first class analyst is in agreement with Michael Oliver, see my post yesterday about his forecast.

"Silver Market special update - MAJOR BREAKOUT AND MELTUP ALERT..." by Clive Maund.

https://www.clivemaund.com/gmu.php?art_id=67&date=2025-09-01

"This is board for Thor not MTL." - I mentioned MTL with reference to THX in pointing out the similarities in the chart.

Don't you ever dare to mention anything related to, but not solely, about THX.

Don't tell people what they may or may not post or I'll tell Elon Musk about you.

"Gold Breakout Goes Relentless"

https://www.zerohedge.com/the-market-ear/gold-breakout-goes-relentless

This is not an article about chart analysis, but he does show some charts just to ilustrate the price action he discusses.

See the first one, it is a good example of the triangle (he has marked it to make it easy to see) and the upside breakout that I believe is going to happen to MTL, see my earlier post about the falling wedge, or triangle.

Also, Zero Hedge currently has several more gold articles.

https://www.zerohedge.com/

Since October last year, this man has made very accurate forecasts. He named the time gold would go through $3,000 and it did as as he said it would. That was not his only good call.

"SILVER 'Burst' to $60+ By Year-End as Bitcoin COLLAPSES in Epic Crash: Michael Oliver" Michael Oliver thinks that silver will get to $60 to $70 this year and then pause for a while before going on to possibly $200.

https://www.youtube.com/watch?v=WMtQ0V4WoBg

Thanks greyw.

Willz94 - I was typing as you posted so I've just read your comment about the spread. You are right, it makes it tough and in stocks on the main market stamp duty makes it even harder.

By the way, I'm not trying to claim that I got back in 3p cheaper. There's the spread of course, but it still paid off by a few hundred quid.

Why has this site removed all of my capital letters in that last post?

i haven't got a clue about where the sp will go next, but more on that later.

this morning i sold three batches each of 40,000 shares.

when it was down by 3p today i had a suspicion that that might be the bottom of the dip so i decided to buy back in.

i bought back one batch of 40,000 but when i tried to place a second order for 40,000 i couldn't get a quote.

i had missed the chance to buy the rest at a lower price than i had sold them. being honest, catching the bottom of the dip was partly a hunch and partly luck.

so i had some cash looking for a home.

i looked at mtl. i had never before looked at mtl.

see the 2y chart for mtl - see the sharp spike up to 14th july. see how it fell back. will thx do that too? honestly, take a look, even if if you are one of those who sneers at charting it is worth a glance and then look at the thx 2y chart, the link to the price chart is above.

see the 2y chart for mtl - see the price action since 14th july when the sharp spike collapsed - to me it forms a falling wedge and they usually breakout to the upside in a powerful rise. so i put the rest of the cash into mtl - stated now - you'll get no bull**** later from me (you never do) if it drops you will know that i got it wrong.

having said all that, i defer to pedro. he knows more than i do.

Spikes don't always collapse.

Here's a tale of a sharp spike when my attempt at selling to buy back cheaper went wrong.

I first bought into Falanx, FLX, at about 4.5p. I bought more at various prices as it rose through 7p, 10p, 12p and 14p. Then one day it jumped from 15p to 21p. I thought that was a spike that would drop back a bit so I sold a third of my holding. The next day it went to 22p. I sold another third.

The sp went to 50p and possibly a bit higher. It was a long time ago, but 54p seems to ring a bell.

So it more than doubled in a very short time. Let's hope THX does the same.

By the way. FLX was a **daren't say what I think or I might be sued** and I believe it eventually went to zero.

I have traded spikes and dips along the way and don't usually post about it. I only posted today in response to 40034427 who said " tempted to trade it".

There has been a bit of a dip but the price has a lot of support. I think those on here who forecast 70p and higher will be proved right.

There seems to be a bit of momentum behind the THX price. The spike might not collapse as I had thought it would. Hopefully I'll still get back in a bit lower.

Of course, if I don't, there will be a huge amount of mockery on here, but those who mock are only showing their foolishness. I've traded spikes and dips all the way up and it works more times than it doesn't.

A football team doesn't have to win every game to be at the top of the table. so long as they win a lot more than they lose, they can be top, and it is the same with the price charts. They point to trading opportunities and it works out for the better a lot more times than it doesn't. That is what those who mock don't understand.

So while they devote their tiny bit of brain power to mockery, I'll keep on using price charts to make money.