Member Info for notlonggone

I'm not missing any point.

People on here are doing both - investing or trading - it's their choice.

Everyone's entitled to their own view.

Burt777

Who's trying to create fear?

Everything is up for discussion -- be it positive or negative.

Let's hope the positive outweighs the negative in the coming weeks.🤑

LONDON - Fresnillo plc (LSE:LON:FRES) announced Tuesday that Independent (LON:IOG) Non-Executive Director Guadalupe de la Vega has been appointed to the board of América Móvil, S.A.B. de C.V., a company listed on the Mexican Stock Exchange (BMV:AMX).

Difficult to believe this has anything to do with the SIXTY pence plunge, this morning?

Maneco64 was predicting that 3 - 5 dollar, daily moves in the silver price, could become the norm.

He seems quite a level-headed guy?

It's looking good for today's opening bell - silver up 62 cents/Oz, overnight.

Fingers crossed for when the Yanks wakeup.

Nothing wrong with taking a profit.

If you realise you might have made a mistake; it's better late than never.

Nothing worse than selling & watching the "bus" depart without you.🤑

Shazbot!

That Septic Tank, monkey hammer, has certainly come out with it's full force. 🫩

Precious metals down slightly but Fresnillo up 47 pence - someone knows something?

Wouldn't we all!

Even myself.

Bailed-out at £14.35 - sold all 14k shares.

Had a massive FOMO, when they approached £15 last week; so bought 8,000 shares back at £14.90, only to watch them fallback 70 pence ish the following day.

It's never boring, owning this company.

Down 22 pence in 10 minutes - those pesky Septic Tanks.

Aye - UBS - the party pooper.

There's always one!

"If people are calling it a potential black swan event in advance, then by definition it isn't..."

Well isn't hindsight a great thing.

You wouldn't be saying that if the war had escalated.

The clue is in the word "potential".

Perhaps this might educate...

Overview

+8

A Black Swan event is a rare, unpredictable occurrence with severe consequences. It defies expectations and is characterized by its extreme impact, often reshaping understanding of what's possible. In retrospect, people tend to rationalize these events, making them appear predictable, despite their initial unforeseen nature.

You need balls of steel to try & second guess what's going on at the minute.

That's why I gave up between 12k - 15k shares.

Had them since they were £9.18 & all the way down to £4.50.

I admire anyone still being overweight.

Badgernator...

The peace deal that's just been agreed, removes most of the uncertainty.

Maybe we'll get back to some kind of normality, now.

Whether that's good for precious metals - who knows?

Thankfully, it doesn't look like the Black Swan will be taking to the water.

That has to be celebrated, for everyone's sake.

Not if there's a rout in the stock market.

I suppose we'll find out in the coming days.

If you believe that the Middle East situation isn't a possible Black Swan event; there's not a lot left to say.

Cheers, WHL.

I didn't fancy Five Years of extreme patience, being flushed down the pan overnight.

I'm thinking that Gold will be liquidated at first inorder to pay for other investments losses.

That was the situation when Convid kicked-off.

I'm pretty sure they'll still be opportunities to get back in again.

Well - after Five Years of pain & the last 6 months of joy; I've completely lost my bottle & sold them all.

Couldn't afford to sit this one out - i was extremely overweight with Fresnillo.

I'm of the opinion that whatever happens with this potential, Black Swan event - in the short-term, it doesn't look good.

I hope to return if things settle down, because I believe the fundamentals with Fresnillo are good.

G.L.A. - I hope I'm notlonggone again.

I've just dumped 12% of my Fresnillo shares.

I can't see this Middle East crisis ending well.

Quite surprised they're holding up today, considering the retreating precious metals prices.

I'm thinking of selling the rest in dribs & drabs; for when the crap hits the fan.

Going to need plenty of dry powder for the resulting mess.