Member Info for Roydon1

Morning all,
Sorry guys, I got it wrong last night.
I thought that the move from the Feds was going to give the market a jump upward today, but I think the Data from China was overwhelming .
In a way, Kaz is holding well, and who knows when the Yanks start trading later on what will happen.
Anyway, GL All

Yeah , but to be honest 18000 would have gone beyond return point
I think they have realised that they had to act NOW , to keep the momentum going to get out of Bear Territory.

This is Big
Tomorrow will be Goooooooood
Ready , Steady , Go Kaz Go
GL All tomorrow
I am putting a Champagne on the Ice

https://www.cnbc.com/2020/03/15/federal-reserve-cuts-rates-to-zero-and-launches-massive-700-billion-quantitative-easing-program.html

Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing program

I can’t see this to be a problem.
These guys are not a holiday makers or tourists , they are working on the production lines to support the economy in a company that employ many KAZ workers , so it is vital that it keeps going.
And therefore I would think they will have special permission, and maybe they get tested when they are crossing the border to make sure that they are clear .

Afternoon Causal, I don't think industrial spare parts or requirements to keep production going will be effected by boarder controls, it is vital to the countries economy, and they will need to keep it going.
You will notice that there are exclusions to the restrictions.
For example, in most Europe, they are shutting resturants, museums , etc, but food shops and pharmacies stays open
makes sense.

Kazakhstan, Uzbekistan Close Borders After First Coronavirus Cases
I suppose like all other countries are doing at the moment, nothing special !
https://www.usnews.com/news/world/articles/2020-03-15/kazakhstan-declares-emergency-due-to-coronavirus

Going down since the US market started !

Auto : I thought KAZ is doing very well this morning .

Yuri, Sorry, I don't understand your numbers
Can you explain further please , sure Italy don't have 45% death rate !

Don't know if anyone noticed, but KAZ keeps stopping the trading (goes to auction)
I don't know why !

I thought it was stable at 300, but starting to tank again.
Where is the bottom ?????

Autonomy : Thanks for that, this is great news , and much needed at this critical times to turn around bad sentiments .
I like to state an important extract from the article, and I think it will be very important for us as Copper miners :

“After the epidemic in 2020 is gone, there will certainly be a new round of infrastructure investment in China, but the focus will shift from traditional infrastructure to a new generation of digital infrastructure,” Zhang Yong, the chairman and chief executive of Alibaba Group, said at a conference on promoting economic development amid the epidemic in Hangzhou on March 2.
After the Covid-19 epidemic, the infrastructure investment that drives economic growth will not only be traditional materials such as cement and steel, but also “new infrastructure” elements such as 5G, artificial intelligence and the Internet of Things."

So there will be lots of copper used in these new project , and that is great.

Toilet Paper any on ?
You never know !
https://www.investing.com/news/world-news/rolling-in-toilet-paper-australian-family-overorders-coveted-commodity-2103014

Evening Causal, - yes I agree , it will be very volatile for sometime to come.
The good news now is that the US pulled up nicely (1100 points up so far)
Also Copper is up again (because of the yanks)
So, we had a good day today compaired to others, and tomorrow will be even better
Cheers every one

Copper price revised up on bullish H2 2020 outlook
https://www.mining.com/copper-price-revised-up-on-bullish-h220-outlook/

Morning all,
Things are looking much better today, Oil bounced back, Copper almost the same as few days ago (2.55 now)
But best of all, is that KAZ is bouncing back strongly, which means that investors having the confidence in the company.
I don't want to make too much speculations, but I had a look at the Daily Chart, and I can see that there is a good chance of the SP to rise to 450 in the next few weeks.
Also now I can see very clearly the pattern of (Bullish Falling Wedge) on the weekly chart
If this plays, and I am correct, then I would expect a rise to 700 +

GLA

The VIX index is almost as high as 2008
Fear Rules at the moment !
On a bright note , Copper is holding well above 2.50
Something to think about until tomorrow
GLA

Dear Hafeez,
I am so sorry my friend, and just want to say that the real valued things in life are Health , Family and Friends, and you have all of them, money just come and goes !
I discovered that myself, when I got ill a while ago, there was no amount of money to buy good health.
So please just think about it, and you will realise that it is a bless to have good health, and a beautiful family, and of course good friends here.
I wish you all the best, and keep going, never give up my .