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In the title.
Happy weekend all :-)
Yep- relieved seems minor on what's been reported.
Hopefully will de escalate.
As in the title:
https://www.marketwatch.com/economy-politics/calendar
Another financial reason for my buy back in:
Revenue was down about 6.9% but gold sold was down about 17.2%. So this gold gets sold this quarter when the gold price is a fair slug higher.
Bought back in after last nights sell Paul.
My buy price average of 123.8.
My buy was about 4.5% below price last night and the about 1.5% above the lowest price of today.
Worth the gamble for me based on the RNS, and economics/data.
Unfortunately it's always a blind gamble just before a scheduled RNS.
Although this time Horgan did temper expectations on the Q&A section of the webcast.
Good luck all for tomorrow.
I did my usual bail out before a scheduled RNS but will try to hop in first thing if results are strong.
Been hit before on a not so good RNS, so the fear of the loss is greater than annoyance of missing out on a gain (El Prof), this time. Especially as it's been great profits here in recent times.
I still hope for stella results, it's far easier to gauge and go back in on a rising SP, as opposed to heading back in on a drop.
GLA.
Mr Henderson was right once and then wrong.
CEY had better hit target for ounces and so on...
I do recall a "softer" comment though that someone heard from the horses mouth on the the last webcast.
Any updates/view on the Q1 to be RNS released on Thurs?
Barrick news- (trading down about 6% as I type)
https://www.msn.com/en-ca/money/topstories/barrick-s-gold-production-continues-to-trail-estimates/ar-BB1lIlSe
There won’t be any bad news Tony.
If you look at the gold price pump and dump it was well outside the Iran attack so nothing to do with it and it shot up and dropped within a few hours- and 24 hours before the attack which was outside trading hours in any case.
Of course, it is due for tensions, but not inside knowledge of a “known” activity about to happen.
I agree Tony, and Israel risk losing financial support, weapons and so on, as we can see the allies position.
With this Iranian attempt, Israel have clawed back more international support and the "morale" high-ground again potentially. They'd be absolutely thick to retaliate to this, totally thick- but then when did a lack of intelligence stop anyone lol... but I don't they will retaliate.
Of course it went down!
Gold bombed Friday, markets dropped and cey is a stock.
Fortunately Biden and calmed things, else would have been a far worse drop on the open.
More likely to be the Biden response at non-escalation has claimed the markets and gold.
Interesting Prof and Lucky.
Barrick recovered to almost it's day start point after hours.
Crypto has come back a bit more as of now.
Markets marginally gained in last hour of trading (by gain I mean on the low point of the day). And gold marginally higher, and only marginally from the low point.
Will have to wait to see what Monday brings.
Enjoy the weekend and GLA.
Crypto also taken a whack- all on similar time frame as gold and markets in general.
No idea Paul- other than on a super fast rise you do sometimes get a big drop, plus the US markets have taken a hit today so far.
A reasonable proxy to watch is barrick gold in the US as a miner if your bored and nothing to do tonight!
Else have a good weekend and enjoy the sun- at last!
Lol Mr Bond.
FTSE cracked through the 8,000 too!
Prob based on the the latest GDP which was up.
Happy Friday All :-).
Yes and as I said it’s easy to trade in a rising sp- I didn’t lose I missed out on a gain.
Of course, it could drop at the open, as anything can happen overnight, so any new gain which I’m currently on could work out to be a loss.
That’s the gamble being in overnight.
But there are no scheduled RNS and the PPI was reported as good and the geo stiff generally doesn’t get better overnight as is generally more planned when it’s good news.
Just playing the odds- but caveated as nothing is “inevitable “.
Happy trading.
I didn’t expect cey and gold be stay as strong and drop further - there are other factors beside just economic.
Plus the fed pay attention to pce- so need PPI and cpi.
Just thought it would drop further so bailed.
Missed out on about 1.5%
But none of us should complain-
It’s easy to make money on trading when sp keeps rising like it has done recently
You could prob tell from my posts that I went in on the PPI data :-(. Half just before then scrambled to get the rest in as quick as poss. If it was bad I’d have dumped the half I put in just before