Member Info for oogleflugal

It is true the dollar has strengthened recently a tad. The sell in May back on St Leger day routine has been correct once since 2013, when it fell 0.3%. Wouldn't even cover the costs of getting out and getting back in with spreads, stamp duty etc. All the biggest falls have occurred in the winter months so far. The fed outright rejected negative interest rates today but more stimulus seems inevitable: “This is big…here’s more stimulus coming to the table and everybody knows when there’s more stimulus, you want to own more gold,” says Michael Matousek, head trader at US Global Investors.
“Gold over past month and a half has traded in a range. One of the positive things that can boost gold to breakout would be more talk about more stimulus across the globe,” adds Matousek.

'mks is down more than 100%' interesting" :) .

Thanks Boots . Indeed we did. Still feels like its dragging a lead weight with it. Two buys for over 500000 shares yesterday and similar amounts the day before.

“This is big…here’s more stimulus coming to the table and everybody knows when there’s more stimulus, you want to own more gold,” says Michael Matousek, head trader at US Global Investors.

“Gold over past month and a half has traded in a range. One of the positive things that can boost gold to breakout would be more talk about more stimulus across the globe,” adds Matousek.

2 enormous late reported trades from midday. Hard to fathom how this doesn't seriously rerate the stock. Doesn't even tip it over 60p.

Crazy indeed. 3.2 billion worth of contracts mainly with public sector. £1.26 was just too ridiculous to resist even if it does get more ridiculous.

It could, but I doubt it. Just a bit of profit taking more like. TSG has gone up today as have most gold stock and probably gold is looking to brake out again. Putin does say some regions might have to be more strict than others. They have now exceeded the number of cases confirmed in UK, but death still reported at only 2000. I think this probably demonstrates the uk has been much more accurate at collating information. Trump is doing the same thing cases still rising but he wants people to get back to work. We must be closer to finding a vaccine and better medicines as the whole world seems to wants to find a way to get back to work regardless.

60.5p has been paid on a few trades today. Volumes were quite a bit lower in April than Feb and March. May looking quiet too at the moment. Could be better by the end of month. Main thing is the last update was very encouraging indeed.

London Stock exchange is very good. Share trades are delayed yes but none of this buy /sell nonsense. Yes sorry my criticism is entirely aimed at London south east. I tried their membership which was also rubbish, but they did refund the subscription in full which was decent. I now have stockopedia account which is cheaper and much more informative not to mention up to date.

Bit of an extreme reaction to staff incentive scheme and profits substantially higher than market expectations.

Especially when 58% is institutional holding! Not too sure about the accuracy of LSE information. In fact I don't not why they bother as they rarely give an accurate account of days proceedings, or update fundamentals.

After a wonderful flurry of activity it seems that the share purchases of the director and a very positive update have failed to continue the momentum. Although growth forecast is only 3% various cost controls has substantially increased profitability: The combined effect of increased revenues and ongoing cost control is expected to result in increased profits that are substantially higher than market expectations and the previous financial year. Cash in bank up to 4.8 million Results in June. Looking good

whoops. perhaps not. Gonna have to get some more next week

Carry on as before. Don't get boxed in. Always leave yourself room to trade. The market will adjust/ is adjusting to the situation. There are no crystal balls, never have been. Qu'est sera sera.

Capital Fund Management SA have shorted GFRD 8 times since the beginning of March. Their other favourites are Superdry and Asos which I can understand. Why GFRD is a total mystery, did they set the office dunce on it as joke, who knows?

Hi p exactly what I did. Regretted it ever since! No I think gold stock are now an integral part of a portfolio. Gl

Spreads have widened everywhere. Probably thin trading. I assumed the shorts would have been closed with the bounce back, but can't find confirmation of that. It'll get busy again when Trumpton Towers issue their next hate tweet. To think we have to do trade deals with this guy. Yuk

Quiet here. I got in on this on Stockopedia research high flyer. Thought I might have joined the party a bit late @ £2.27 . Its well passed targets anyone seen any new ones?

Gold slides! usually stuff but two different views one sees red down the other:Gold prices are consolidating in a narrow range centered around the $1700/oz figure, with the outlines of a Symmetrical Triangle pattern starting to emerge. The setup is typically indicative of trend continuation, which carries bullish implications in this case.

As ever two contrasting views. One says the trend is set down and the other :Gold prices are consolidating in a narrow range centered around the $1700/oz figure, with the outlines of a Symmetrical Triangle pattern starting to emerge. The setup is typically indicative of trend continuation, which carries bullish implications in this case.