Member Info for shareminator

https://www.realclearpolitics.com/video/2021/07/28/fed_chair_jerome_powell_inflation_could_turn_out_to_be_higher_and_more_persistent_than_we_expect.html

Covid rising in the USA, U.S. new home sales hit 14-month low amid supply constraints both bodes very well for keep printing money and keep interest where they are

@Astroo @noggers many thanks for the morning show, I could hardly wait...

Halfpenny, I was reading some expert forecasting a 15% crash in the stock market in the future, we have just experienced and we are experiencing a drop of 40% + from the values we were 6 months ago....

Perhaps the past values of Fres were based on future price of PM much higher than the ones of this year, however, the current valuation of Fres, is based on future PM one year from now much lower than the ones of this year...

Astro for same reasons perhaps wrongly I think there more chances of UFO landing in the garden of my house than you and some chaps here on the board being long ...

I will not mentioned my average as it would be more depressing than the combination of the share price and some of your posts :-)

Astro your messages are so depressing as the share price. You have enjoyed a long run recently, any chance turning long anytime soon ?

meant to say
Finger crossed that today ECB and the Feds next week will signal something of the same medicine, on going tapering and two interest increase by the end of 2023.

carvegyber, I agree with you !

Finger crossed that today ECB and next week will signal something of the same medicine, on going tapering and two interest increase by the end of 2023.

Mind you what surprises me is why gold and silver did not explode on the upside. In 2008 with high inflation they went ballistic, especially silver. If the reason is that market looks one year ahead and things that next year around this time, the economies in the world will be working normally as before pre-pandemic levels, good luck with that....

An other thing that has been a costly eye opener is , how one or more hedge funds have the power to kill the share price of that company no matter how a company is profitable and operation carry on almost as normal.

stating that we do not know the reason why the share price has lost around %45 of the value of the company in the last 6 months.

Is the silence from the company not suspicious ? Are they retaining information that only II have a knowledge of ?

@Drjmain, I totally agree with you and I have put lots of my money where the mouth is too.
The question is how many companies are currently shorting fres, HOC, CEY, POG all of whom are 30% + from the last 6 months high ? Who ever does it, seems to have unlimited pockets and being able to lower the price irrespectively of what PM do.

Carvegyber,

I do not know the exact date. However, last year Q2 production report was the 22nd of July and the half year report was the 28th of July.

@noggers perhaps it is a little bit pointless to short Fres shares now ......:
with results of Fres expected to be excellent given the price of PM has been very high on average through-out the year;
with gold trending up as inflation is going up and the Feds are doing nothing about in the short term;
Covid is still here and will be here for the foreseeable so any attempts to reopen fully the economy will result in additionally embarrassing U-turns, which by the way is bad for all of us, except for gold...

@noggers perhaps it is a little bit pointless to short Fres shares now ......:
with results of Fres expected to be excellent given the price of PM has been very high on average through-out the year;
;Covid is still here and will be here for the foreseeable so any attempts to reopen fully the economy will result in additionally embarrassing U-turns, which by the way is bad for all of us, except for gold....

LOL you are right Astro on the first bit, but going back to talk about stocks, as Fres results are fast approaching and Gold might keep the upward trend given the accommodative stance of the Feds on inflation, it will be more difficult to keep the lid on this share

and so is Fres. You need to try harder Astro from now on...

half year report not far from now either with average gold price around 1835 for the year = fab gains for the company.
The train is about to go north everyone on board :-)

the Fed is still a ways off from altering policy, expects inflation to moderate. Opss .... gold liked it

Will be important to assess whether the less dovish approach of the Feds has any reasons to exist or not

Today’s gold action seem to follow the typical shenanigans before a key update.

https://dailyreckoning.com/rickards-theyre-wrong-about-inflation/

https://www.youtube.com/watch?v=Pzk3RPyO1MA