Member Info for SteveJones999

There are restrictions on directors buys when in possession of facts that are likely to move the SP... just a thought... here's hoping it's the new gold.

Https://www.marketwatch.com/economy-politics/calendar

Although I trade here with CEY on economic data as I'm not a mining expert, my obvious view is that I think will hit the lower end guidance for the year- catching up as CEY stated it would in Q4.

I also think the I think it is likely that the RNS update on the new gold is most likely to appear with these results.

If the guidance is missed but the new gold is good, will mitigate hopefully. Missing both will be bad. Hitting both will, of course be good.

I have no knowledge of any of this, other than what's in the public domain.

GLA.

Hehe- we’re all online shopping!

Gold not golf lol.

Golf and Barrick flying- live the way Jerome just dissed all the forecasters who kept saying recession (mirrors what I said hehe).

Go Jerome... keep on this chat line - look at the 10yr and obvious inverse reaction on gold and markets :-).

Please don't say anything different on Q and A later :-).

Initial statement good :-), let's hope Jerome doesn't spoil it when he speaks later.

Fingers crossed for some dovish indicators tonight, even though he will say his normal stuff, watch the data and do whatever is necessary. PPI was softer earlier today which was positive.

Of course, there will be no change in rates.

Hopefully the markets remain in belief that the FED will cut sooner than Powell actually says and react accordingly.

GLA.

Been telling you this for sooooo long now Mr T. good to see that the WGC are now catching up with my thoughts...

Gold up approx 2.5% in past month, again following economic data.

HOCHSCHILD -10%

CEY +13%

FRES +12%

SRB +4%

SHG +13%

Barrick +10%

Newmont +14%

So, again, broadly in line - the outlier this month is Hochs (which was touted here as "look at Hochs, why are we at CEY so poor?"- just shows how easy it is to pick a narrative.

All following economic data as normal outside of any company specific.

Grow up Mr T.

Stop being a wally Mr. T. you do keep banging on, and on, and on, and on...

Post something of value for a change.

In the title:

https://www.marketwatch.com/economy-politics/calendar

GLA.

True Tony, but the converse of your statement when the wall issue hit and/or other issues hit and a bad RNS pops out - then you get a massive whack (would you sooner miss out on potential big gain or take a risk on a potential big loss? Only you can decide at any given point on time.) These big drops, in the past, been more frequent than positive unexpected news.

Having said this, as I’ve said before, I do sometimes leave myself in overnight if I think it’s warranted.

But what I always do is trade on the data, like I did the other day when I posted (before the event) predicted the SP would rise about 2% and it did and then on Friday when I again posted (before the event again) that the data was not supportive and it subsequently dropped 2%. I don’t always post. I will do occasionally in the future, despite the flack I get from Mr T who is just doesn’t report the facts and is clearly clueless.

I agree that there’s way more chance of good news on the horizon than bad, but I can’t control this. However, what I can and do trust my algos and trading strategy on data which is right a lot more than it is wrong. I continually assess risk and all relevant data (what’s up and coming))- and take it from there.

Followed not filled in my 4th paragraph below.

My decisions are data based so it is far more common for the these companies to follow my view- they have to release a bit later of course, but my judgement is unconstrained and hence quicker.

I sometime post, I sometimes don’t, depends on what I’m up to.

The key thing I trade on the data the second it drops- and take my decisions accordingly which are very fast - I developed my own algos here so crunch my model within seconds.

My model updates as I change my strategy.

This is how I trade.

And great to see that Reuters, CNBC, F.T . BLS,CNN and a few more have filled and agreed with my take.

I find it a better way to make money as opposed to whining and clogging up forums with endless pointless info like you do.

I did warn the data drop was at 13:30 was not supportive.

And the SP has dropped back just over 2% since then.

The chart simply followed the market reaction to the data like it normally does.

Use data not charts.

And yes Mr T, it is annoying for you- yet another case of me being right alas, and again I posted BEFORE the event as usual so your claim of hindsight is once again, garbage.

Crypto continues to climb very well :-).

That's just my view.

I wouldn't bother engaging Gomez9.

Yes, Mr T, it's tough being right, but hey the caps fits me well, so thanks for your kind words.

Again, yesterday I was right, when the SP kept falling, the current SP as I type is now 99.35 so cira 2% up- no hindsight there Mr T, just simple facts, reminder below for you.

I always am consistent in my posts to help others, I trade on data points and markers. I don't just sit on a stock forever, watch it suffer, badly... you should try a different strategy.

SteveJones999

Posts: 1,983

Price: 97.55

US Data drop5 Dec 2023 15:19

Broadley supportive for gold and CEY- so drop should stop until next data/ RNS (current sp 97.5)