Member Info for nofear52

23-Mar-21 Berenberg Bank Buy 143.00p

GOLD PRICE OUTLOOK:
"Gold prices edged higher as the 10-year Treasury yield fell to a five-week low
China allowed commercial banks to import a large amount of gold to meet domestic demand
Gold prices have likely formed a “Double Bottom” chart pattern, pointing to further gains"
https://www.dailyfx.com/forex/market_alert/2021/04/19/Gold-Prices-Extend-Higher-on-Chinese-Demand-Boost-Falling-Yields.html

Great to see this Aticle..
"They have a price target of 170p, which compares with 140p for UBS and 145p at Peel Hunt"
"Centamin intends to recommend a minimum dividend of $105 million for 2021, highlighting its continued focus on shareholder returns based on a five-year trailing dividend yield of 6.1%."
"Seven Centamin (LSE:CEY) directors have bought more than £300,000 of shares in the gold miner after a rollercoaster year for one of the best yielding stocks in the FTSE 250 index."
https://www.ii.co.uk/analysis-commentary/insider-directors-pile-dividend-stock-ii515611

Great Opp. and with Dividends round the corner can see 20-30% Upside!
"While the price of gold has been falling since late 2020, driven by the stock markets rally and the strong US dollar. This trend is unlikely to continue forever as the global equity markets are trading at all-time highs and could crash at any minute under the right circumstances.
Rising inflation levels in the US and globally due to the money printing being championed by most Central Banks could make gold more attractive in future, given that it has real value compared to fiat currencies.
Centamin shares are likely to rally in line with rising gold prices making its current share price very attractive to long-term investors. I would rate the stock a buy now"

I agree this does not look like it will move above 310 so will fall back to 290s....

Time to Fly!!!!

310 Close!!

Looks like we will be over 5600 by close

today was a great and it's good to see all of you topped up. Bring on 50p...

Great day tomorrow hopefully we will test 5600...

45p close looking good!!

I was just making sure nobody misses out on these shares. Great Upside!!
Will be back in 4 months. Thank you all for listening in!!

you forgot there's a massive hole!!
so bouncing down its ok buddy!!!

bouncing down you meann???

you should have waited for 35p???

yes but you should have waiting for 35p??

36p or 35p Charts are not looking good.....

My predications are normally good....I said 40, 50 now looking at charts I see mid 30s now

I agree but I do see mid-30s now. Few days of selling...

35p - Profit taking!!