Member Info for RichTheNewbie

Interesting article: https://themarket.ch/interview/russell-napier-central-banks-have-become-irrelevant-ld.2323

What you need to look at is the M2 money supply in the US. Previously QE didn’t make this rise much. It’s now ballooning. Big warning sign for the dollar and stock market.

Looks like a mistake drice - not listed on the Hummingbird major shareholders page now (which probably means they're below 3%) and that's what the RNS should have said.

Good. As expected the seller reveals themselves eventually. Often the TR-1 comes when they're done (but not always). With any luck the shackles are now off (or will be soon).

Each to their own :p
Personally I'd rather buy a gold miner that's considerably undervalued on most metrics, rather than invest in ones far overvalued in comparison, and wouldn't discount a company because the CEO has a nice tie and is well spoken ;)
I'm not going to convince you though (nor you me)!

No worries. Doesn't really mean much tho. The trade feed is a game of smoke and mirrors by design.
At the end of the day the market makers are neutral, to an extent, making their money from the spread, and the buying and selling will determine whether something goes up or down but, and it's a big but, in the short term, especially on AIM, the price is very much at their whim, and can be moved down to try up or down fill large orders (depending on whether they think they can spark more sellers by doing that), moved up or down to offload them (again dependent on the situation a move either way can do that). And any of these big orders are generally happening in the background, whether buys, sells, or both.
It's one of many reasons why, charting (or technical analysis to use the overly impressive name for what's not much better than tea-leaf reading in many instances), is a bit of a nonsense on smallcaps. The candlesticks can look completely different to the real balance of trading that went on, on that day, or over a period of days and later reported.
Gold still firming up nicely and back over 1950 now. Time to log off I think ;)

Interestingly (perhaps) though. All the big trades are being well at or above the close price. Whoever's decided to sell some, it's being hoovered up by others in bulk. This probably won't paste very well but anyway here's the biggest trades:
tradeTime currency price volume tradeValue type micCode tradeType
2020-08-12T15:17:35.000 GBX 36.7 100000 36700 Off-Book AIMX N
2020-08-13T07:10:27.287 GBX 36.9 100000 36900 Off-Book AIMX LRGS
2020-08-13T07:53:26.243 GBX 36.5 150000 54750 Off-Book AIMX LRGS
2020-08-13T08:37:37.623 GBX 36.5 135736 49543.64 Off-Book AIMX LRGS
2020-08-13T14:34:38.000 GBX 36 500000 180000 Off-Book AIMX
2020-08-13T15:28:27.000 GBX 36 250000 90000 Off-Book AIMX
2020-08-13T15:48:00.707 GBX 36 126304 45469.44 Off-Book AIMX OILQ

Ignoring the repetition in the middle. Brain has melted this week ;)

Ignoring the fact you can't really tell from the trade feed and the buy vs sell is just an automated guess (and often wrong) I'd probably say there must be a larger seller in background. One of those big trades is probably a sell. One of the big trades was probably a sell and filled all the buys. Commonplace on AIM. You'll get stuck as a big seller fills all the buys but the moment they're done it often rockets because the same level of buying pressure is no longer met with any selling.

What are these better companies at HUM's level? I'd like to know. If there are any I'd probably invest in them. Although thus far I've not found any so I suspect they're not any better ;)

I do feel for the BoD - they seem to get criticism for absolutely everything even when there's nothing to criticize!

Your second to last message, in May, was "How is HUM going to derisk this thing? Still a single pit mine in Mali. Until they diversify the share price could trade at this discount for some time. Question is whether Dan and team want to derisk this thing. I hope they do."

They've done exactly what you wanted and are well on their way to being a diversified 3 mine producer by accelerating Dugbe with a partner and getting Kouroussa! It seems like just because the SP hasn't risen people try to find negatives when really it could literally be as simple as they've had a seller temporarily suppressing the share price (perhaps locking in a portion of profit whilst gold is high).

Nothing like a good bit of scaremongering for a cheaper entry :)

That's probably not where I'd go to for a fresh well-kept beer :)

Unpasteurised beer is generally nicer. Not easy to find over here but usually tastier.

Hitler was a great orator (regardless of the horrible nature of his views/actions).
Trump is such a poor mans version it's actually (ironically) disrespectful to Hitler to put them in the same bracket.
Trump and arguably Boris too just have masses of people ready to believe in anything, especially if it blames johnny foreigner, for all their problems. It's a piece of **** to play to their basal instincts and xenophobia and misdirect them from the real underlying governmental/societal problems or domestic mismanagement. An idiot could do that...and they have.
Getting rather off topic for SNG though..... ;)

Yeah I think there's been a lot of cashing in on an over-cooked gold price but a lot of buying up of the gold/positions of those cashing in. Pretty strong considering the market has had another strong up day.

Trump is a buffoon. He operates like a Mafia boss and just pressures people into doing anything. This just requires no regard for the law, morals, decency, and brazen gall. I don't think he's ever shown any nouse in his entire career and in fact has failed spectacularly in business generally. He's lucky not to be bankrupt through his own ineptitude arguably only isn't due to fraud.

Personally I'm wondering whether me doing well on Synairgen was a sign of the apocalypse....because it looks like it outside! Was 35 degrees a minute go and it's now hailstones the size of maltezers and rain was so thick you could barely see 20 yards away!

What....you mean you don't think people will be more interested in posts about Seb's swinging group CW25? :p

Let's not forget the stock markets are only doing so well due to massive artificial inflation.
The money printing and debt from governments is racking up.
Job losses have been delayed here with hugely expensive furloughs but they're starting to hit. That's a lot of people now not earning money to spend in the economy.
This is ignoring any productivity hit as a whole from companies coping with the virus.
Ignoring trade wars with China.
Ignoring Brexit soon to start impacting the UK, Europe, and probably the world.
And so on and so forth.
It's easy to focus on the recovery and forget about the mess the world is in right now.

JTS13 - I think gold had just become overcooked in the short term and needed to cool off (no bad thing).
As far as I can see it's been trending up for quite a while like this: https://pbs.twimg.com/media/EfNDE7tXsAAzyj8?format=jpg

The markets currently just look for any excuse to have a big rally for a few days and then they do the opposite and start focussing back on the real world messes that haven't gone away. If the markets had a mental state at the moment you'd have to describe it as bi-polar.