Member Info for SteveJones999

Interesting comment on Sukari in their RNS
“ -- Transformational Sukari Gold Mine (Egypt) waste mining and expanded drilling contracts performing ahead of contract targets:”

The answer to your capex question Sotolo lies in how it’s has been accounted for in the past- cheers.

Plus about 2.3trillion in crypto which was tiny in 2011…

If that’s the case Sotolo- buy gold and dump cey

https://www.centamin.com/investors/investor-calendar/

Shame gold rush didn’t last- yep on VIX, not saying Powell won’t delay taper but will be a tad more dovish on this data-

Not true, although depends on what you mean by clamping down- since China made its announcement Bitcoin has risen a lot.
Bitcoin has also risen a lot since Powell made his comments-
This is what Powell said:
“ U.S. Federal Reserve Chairman Jerome Powell said he does not intend to ban cryptocurrencies, but said stablecoins need greater regulatory oversight.”
When asked by Budd directly whether or not he intended to “ban or limit the use of cryptocurrencies,” Powell’s response was a resounding “No.”
“[I have] no intention to ban them,” he said.
Powell’s remarks come just two days after he asked Congress for consultation and legislative support to develop the digital dollar. Some in the crypto community have speculated that the establishment of a U.S. CBDC would lead to bans on private crypto, as was recently seen in China, but Powell’s remarks suggest otherwise.
When asked about stablecoins, Powell compared them to money market funds or bank deposits.
“They’re to some extent outside the regulatory perimeter, and it’s appropriate that they be regulated. Same activity, same regulation,” Powell said.

I doubt it too

In the title

In the title

Equally may buy more if it goes up (eg gold goes
Up)- but it’s tricky as gold can whipsaw on data coming out as other data eg wage growth, hours worked , sectors etc can alter the immediate move- as always do your own research.
Long termers can largely ignore as today is just monthly data points - unless they feel a trend… major long term impacting change as we all know comes from rns- like Oct2020

Bitcoin.
On cey I will wait until 13:30 before I increase or not today.
If it drops may buy more, but dependant on what I think at the time .

In the interest of balance (posts appear when it goes down)- it’s nearly doubled since the low in July- just saying …

Yep, just moved broadly in line with all other PMs.
Price most likely to move around 13:30 today when NFP comes out and with ensuing commentary on other aspects.

The pattern is the pattern until it changes, then it’s the new pattern … never really on a pattern, always keep an eye on key data points … NFP tomorrow at 13:30 is one

Yep agree Razor- if we can meet expectation or exceed extra confidence will boost the SP, especially with the recent presentation

I don’t believe in support or resistance - always seems pointless to me

Good to see on broker ratings.

US Jobless claims caused the drop in gold. NFP tomorrow at same time- expect movement then too.

The rise today is the markets in general + gold.