Member Info for ROCKETVI

Not sure where this share is going short term and a while yet till December dividend. Can only see a rise in gold price giving a spike so will be waiting for next spike to sell a few. All goldies are down but this Co is up there with the best. Just cant rise in a market full of doom at present. Glad i bought some more rare whisky as am getting average 7% rise each year on them.

Thoughts are to keep buying in this one if you are able to and hold. Gold is suffering because of the mixed market feelings from the FED. All expect tapering soon and interest rates to go higher after inflation Worldwide. If you think that the FED has it all sorted, then join the ship of fools because they dont have any other options than to keep printing more money. This is unsustainable and the end results are inevitable regardless of how high the dollar is rated at present. Rant over, i will be buying more in PAF as price slips and holding.

Sound about right FK23. Also noticed physical gold & also silver is hard to buy unless you pay an high premium. Well orchestrated to drop gold Co prices encouraging sellers to bail out but there are buyers waiting to grab as seen Today with large buys. Havn`t a clue how much lower this can go but not selling anything as there are massive changes in the market coming and gold will be the choice over cryptos. FED have nowhere to go now and as you can see, the World economy is in tatters. Recession coming big time so stick with gold.

Topped up in this one & PAF.L. Both at bottom of price ranges and both with decent dividends. What more does one want ? Fear is making people sell which is how the markets work. Gold will see it`s true value when all the FED Bu** is seen for what it really is. Taper or print, dont believe that any of these decisions will help as the debt cannot be paid back..End of...

They want your shares as cheap as possible. Keep selling panic mongers....

Agree Rzez. Bought some more at what S.P. i consider undervalued now. Still caught up in gold futures sell off hence drop but i have noticed that big banks are actually accumulating physical gold and not lending as much. Tells me they anticpate a large market correction and want to be solvent when it happens.

Tried to buy some physical gold from my usual dealer and all bought out except for the large expensive bars. No coins available. Physical gold is very in demand on dips so looking at gold price rising again very quickly. Hope so cos i`ve just sold other shares to buy some more of these given the price.

Have to wait and see if gold gets snapped up at lows or if it is a genuine sell-off. Normal over-reaction to interest rates rising and tapering news but the World economy is not really improving that much to justify much tapering/interest rates for a few more Years. Sticking with gold for the foreseable.

OUCH!!!! Thats a life changing £ amount for a lot of people. Takes guts to admit a loss like that when most would have kept it quiet. Been there myself although not as big a loss as that & know how painful it is. I lost money in a certain company (Wasabi Energy) because i became too attached and didn`t want to admit that it was a dud even though the technologogy was great. It wasn`t ready to expand at the time due to funding also involving the Chinese. As you say, an expensive lesson but wish you the best on other shares.

Was in & out of this a few weeks ago with small profit as wanted cash for more PAF shares. Initially bought in this one based on good fundementals but see that somethings is brining this down further, what i don`t know. Be reassuring to have director buys to confirm that all is still well with the Co. Will wait for next news before buying back in as it is worrying why the S.P. keeps dropping.

It`s down mainly because gold future traders are selling PM stocks in panic in anticipation of FED tapering and feared lower gold prices. They fear that they will get caught short. As seen, no definative answer has been given for tapering and it is fear based, not fact based. There will be a correction in gold miners soon when it is seen that fiscal tighteneing is a long way from now on a large scale and that the World economy is not ready for this. There is too much debt hence the U.K. is robbing workers to help pay for this disguised as an health tax. Does this sound like an healthy economy ? The fact is that gold is one of the best hedges against inflation. I am quite confident in buying at these prices and holding as a correction has to happen in the PM sector when the reality of debt is fully realised. Wake up U.K. and see that you are being robbed by incompetent leaders.

In the immortal words of YAZZ. " The only way is up"... BABY for you & me now....

Rednight: Good spot. The reality of debt issues is being made very clear by Yellen. Economies are not picking up as expected and what is left now after fiscal stimulation ? What is left other than gold ?

Cant see why gold prices should take an hit longer term and happy to be invested in this and other goldies. Inflation is here to stay for a while. I believe that gold prices will stay at high levels for some time yet.

Going Ex-divi on the 9th Sept with interim of $0.45. If this share goes up more than 32p since you bought in then it would probably better to sell before the 9th and buy in after ex-divi date. Normlly goes quite a lot lower than the divi payment. Not sure if this one will though given near lows in S.P. but worth watching if S.P. starts rising towards ex-divi date.

Watching an analyst based in USA who stated that the $ normally doubled in issue every 10 Years but has already reached that amount in only a few Years due to money printing. He states that the FED hoped that this extra money went into propping up the market which it did and has now made share price levels well over-valued relative to Companys % earnings. He has succesfully predicted share market corrections for the last 20 + Years within a few Months and that the US market is due a correction very soon with a 35% downward correction, but not technically a recession. Physical gold will be back in favour when this happens due to the sell off in stocks and somewhere safe to put money into. The prediction is that silver will see an higher % rise than gold although gold will be the trend setter. Could be right as His record is very good for previous predications. I like the statement that gold prices will have no control by banks on this occasion and that gold prices will be controlled by physical supply. Junior production miners will see the greatest rises. Hope He is right again soon. Had to take profits Yesterday and waiting to get back in after other profit takers have sold out.

I would accept £ 6.40 at present just to get out of this stuck rangebound S.P. Needs some positive news otherwise will just drift. Will be in profit at £ 6.40 after top ups & including dividend payment but still looks like its in oversold terittory. Boring share but very good dividend. No further comments until £ 7.00 reached, very soon i hope.

Thought it was cheap when i started buying at 18p and have been topping up since with no S.P. rise for a long time. Today looks more promising with most PM miners seeing rises. Looks like tapering fears have been overdone and that PM will be back in fashion soon. Be nice to see this one over 16p Today as am unable to buy anymore. Last buy was in HUM which is another miner i like and well underpriced IMO. Ready for the launch now.....

Always makes me wonder what reason funds are selling as they are usually in the know before PI`s regarding news that would affect the price. Could also be that that they want sellers to start panic selling. Will have to see if they keep reducing before taking action..Looks even better to top up now but will refrain if more fund sells continue.

Just seen the RNS. Fund selling some of holdings so can accept this for the drop.