Member Info for SteveJones999

Well, glad I bought my main home, ~600% profit in 25years, although I do live in the south. We all have to live somewhere, and if you get in financial difficulty you can always rent out rooms, or live in a van lol. State pension is so low in UK unlike most of Europe, so no one can afford to rent when they retire, so buy is a must. Rentals massively exceed mortgages at mo. Crowded island and people want to live here, so always a shortage. Any dip/excess gets bought into by more buy to letters/foreign investors- still a no brainer to buy.

OK, take with a pinch of salt, as Kitco always pump gold, but worth a read...
The article was posted at 16:15 yesterday when the gold price was ~1813
https://www.kitco.com/news/2021-11-05/Gold-price-jumps-nearly-25-is-this-the-start-of-a-breakout.html

Nooooo! Look what's happened once China announced...
Regulation, SEC for example, and more regulation only increases institutional buy in!

OK, take with a pinch of salt, as Kitco always pump gold, but worth a read...
The article was posted at 16:15 yesterday when the gold price was ~1813
https://www.kitco.com/news/2021-11-05/Gold-price-jumps-nearly-25-is-this-the-start-of-a-breakout.html

Ooops I meant to say “no , the vix is purely a measure”

No the bid is purely a measure

No surprise there on Hammond- nothing that hasn't been said before... and is being said more and more, the crypto sceptics remind me of King Canute...
Just another voice amongst the many- read or stick the head in the sand... fortunately the heads in the sand are reducing day by day and accelerating...
https://uk.finance.yahoo.com/news/philip-hammond-interview-big-finance-crypto-move-unstoppable-132517941.html

Let's hope so!

Finally! A bit of traction … fingers crossed …

Here's hoping... nice rise today, so far, let's hope this is a good sign for good news next week...

US market futures at all time highs... again...

12 fold jump in a year- mania lasted about 1 year- you can't compare !

CEY continues to be a laggard alas :-(.

All US markets futures up at the moment- more all time highs, except for PMs that continue to struggle.

All depends on the breakdown and commentary- so far gold seems to have held despite NFP and unemployment... for now...

As I said- usual Whipsaw :-)

NFP monthlys today- expect some volatility at that time which I think is 12:30 today not 13:30 as normal with time difference I think. Although it tends to whipsaw a bit within a small range, as headline figure comes out then the analysis of breakdown starts.

Yep- as we’ve been saying all year, UNLOVED for now.
Gold down roughly 5% in a year, PMs around 30%
My main pension which is global equity based has risen around 20%
PMs profit ignored
We all hope it will change… soon…

Useful comment…

We have performed in line with pretty much all PMs ytd- sector remains unloved for now. As we all know prod dip from oct2020 caused the other exceptional drop. Dec 1st is important as I’m hoping on good news on Sukari, where we’re at and what future holds- it was Sukari that caused the dropsonof importance. All financials can be estimated - of course we are still in YoY comparisons so each quarterly RNS can cause a drop, as can full FY results.