Member Info for SteveJones999

Mr T, I’ve read all this having been a shareholder (in and out) for 8 years now, frequently communicate with then via email.
I’m interested in here and now, we’ve moved with gold and other peers since Oct2020 poor RNSs, that’s about the sum of it.
We all know what we need on 22Mar-
and hopefully we’ll get some info, on top of what we already know, prod results.
In the here and now, US 10year YIELD is killing us, any views on this appreciated.

Someone is making an absolute packet here, these spikes are simply nuts

So Sotolo, if true why did Endeavour make bid last year if they can’t buy CEY?

Yep- the massive rise of the retailer investor (sorry gambler) that has appeared and increases exponentially drives a lot of this- FOMO rules, chase of the next big thing, more people pile in and up and down it goes- stocks like this one have yet to be fashionable on these platforms but are tradeable there - household names like tesla gain the traction, gamestop for obvious reasons- mining is seen as dull. I live in hope that one day these types
will get excited about gold/gold mining. As this is a pandemic unlike last set of recessions, the k shaped recovery means many listed big companies despite massive losses will survive and pick up the business of all those unfortunate unlisted small companies- hence a lot have already bounced back- and when normal, there market share will be even greater than pre- pandemic. New entrants into their markets will find it even harder to get in too.

Blimey Sotolo, didn't take long for your cloud of doom to appear again... Tues, you said the bounce we've expecting, near 120 or 130 before down", then a couple of days later on a slight change, you've flipped to a complete u-turn.
A dead cat bounce doesn't happen everyday!
It's not hard to decide to do if I was you with your views, sell 100%.
I don't hold any of your views so I hold.

Yes, glad isn't doesn't look after any of my funds!
Crazy rationale.

And so are the comments from people on the article:

https://seekingalpha.com/article/4412561-why-gold-miners-crashing-wont-last?mail_subject=why-gold-miners-are-crashing-and-why-it-won-t-last&utm_campaign=nl-macro-view&utm_content=link-0&utm_medium=email&utm_source=seeking_alpha

Ah I see- what I did in 40's with my savings.... I was a higher rate tax payer, so everything I earned over the basic rate tax relief I put into my pension, I then used my savings to supplement my income. Higher rate (40%) cut in about £37.5k from memory- so every £1000 pm I earned I got £600 if I saved (but a few % interest), but £1,000 when I put into my pension. So gain was 40% :-) per month, massive- I couldn't do it in 1 hit and had to drain down my savings to gain max benefit. My pension which is private has grown massively as I'm global equity based (high risk) but there are many many other lower risk options. I'm not a financial advisor, just someone who takes care of his money- long term, equities. I invest myself, my pension is managed by an active managed company (you pay greater% but gain greater% so net gain is all I'm concerned about). I have other investments too- the key is balance. I would have had a heart attack by now if I'd managed my pension myself as it's rather large, and had I plopped it here at 230, would be jumping off a large building....
Also, you can look at setting up pensions for your kids- if you leave a big pension eg drawdown, you can, on death, leave it into their pensions from your pension and it is then free from inheritance tax- if I were you, I'd speak to a good financial advisor.

The game changed with COVID- I wouldn’t go in equities if I had that mindset - she could get a double whammy eg gsk was great divis for years ans years and reasonably steady sp but recently has said divi at threat and sp is currently low...

Worth a read...
https://theconversation.com/brexit-uk-pound-has-not-crashed-yet-but-heres-why-it-will-probably-suffer-in-years-to-come-152646

US 10 year dropping
Dollar dropping
Gold up 1737

Thanks Cowichan-

It’s very low volume
Thanks for responding and also Mr T and Razor :-)

Anyone know why this is trading so high here today? Usually closer in price, and probably nothing other than google, but thought I'd ask as always wondered about this exchange.

I think this is same article with just a date change and sp change every so often to get people to subscribe
But thanks for sharing, you never know

Who's next in the M&A world with PMs.....
hTTps://seekingalpha.com/news/3671104-newmont-to-buy-gt-gold-in-c456m-all-cash-deal?

Thanks all, and yes, disappointed in SP close, but tomorrow's another day :-).

Oh I see, thanks Rebess, let's hope someone here can shed some light!
Bit disappointing here today based on gold recovery, but we didn't get slammed as far as we could have done the recent drop I guess, and am sure the Scoder helped.

Why is it a concern Rebess?

No idea... now come on CEY, gold's flying, get with the game :-)

Been instrumental in gold price since last night- good to see that gold responded as it normally does- was getting worried on this gold downturn whether the norms wouldn’t occur- good to see