Member Info for SteveJones999

Lol- bears overall across the markets are grumpy- why? Because the bulls have by a country mile.

Sure the bears can be right stock to stock, but overall bears have been battered horrendously over past 40years

Schiff not Schaffer lol

As always- choose who you listen too wisely , make your own decisions then you only have yourself to pat on the back or criticise

Every time markets and geopolitics gets spicey, everyone wants your clicks to make their money-

Schiff certainly not spot on-

This time last year he said

“ This was not the first time that Schiff has voiced his concerns about the U.S. economy. At the end of last year, he said that inflation was about to get much worse, and the U.S. dollar will face one of its worst years ever. In October last year, he said the dollar will crash and the U.S. is going to default on its debt. He also predicted that the Federal Reserve’s action could lead to market crashes, a massive financial crisis, and a severe recession.”

Schaffer said recession worse than 2008 would happen in Jul 2022 and we’re still waiting

schiffGold…. Hmmm what possible reason could he have for dissing equities lol

Last sentence should read

“… and anyone who has invested over the past 30years has massive outstripped the doomsayers - even though were correct in 2008”

If I believed this I’d dump all my investments now and cash hold

Tony- if you believe it- I suggest you do just this.

If rates go up again this will only be because of inflation - so your money cash will be worth less also

Crypto anyone ?

I’ve downloaded this and look forward to measuring this over the next 12months - the reason no one listens is cos the doomsayers keep on and on and on predicting when in reality are very very very rarely correct and anyone who has invested Uber there past 30years has massive outstripped the doomsayers - even thought were correct in 2008

Yep like I said, yield, topped 5% earlier

It’s the higher for longer… look at the yield, topped 5% today although dropped a little- and we all know this implies across everything - it’s a consequence

Jeeze, noooooo- looks fres and so on- look at the markets and so on

We need dovish fed Tony, anything other and this will go for a lot longer and will not be “the bottoming process”- costs have to drop.

I hope you all submitted your questions for the 30th October

That’s what I’ve been saying for months and yet some persist in simply seeing issue as a cey one

Alas it’s PM’s- cos we are a stock and most are suffering - my stop loss cut in earlier today - twice in row I’ve lost in day trades- tough market at the mo, crypto going well though as is gold .

At last, some aid going through:

https://www.bbc.co.uk/news/live/world-middle-east-67165505

Gold: YTD +0.8% 5yr +60% (note- marginally down though in the past 3yrs)

OK:

All of the below are EXCLUDING Divis- inflation is the key common reason- precious metals nowhere near keeping up with inflation past 5yrs:

CEY : YTD -28% 5yr -19%

FRES: YTD -40% 5yr -40%

HOCHS: YTD +16% 5yr -47%

SRB: YTD +30% 5yr -6%

SHG: YTD +11% 5yr +135%

BARRICK: YTD -7% 5yr +29%

NEWMONT: YTD -21% 5yr +32%

For comparison on some key indices:

FTSE 100: YTD -2% 5yr +7%

FTSE AIM: YTD -19% 5yr -30%

S&P 500: YTD +12% 5yr +61%

Dow J: YTD +1% 5yr +35%

NASDAQ: YTD +27% 5yr +84%

NIKKEI: YTD +22% 5yr +48%

HANG SENG: -15% 5yr -31%

Ignore my last post- pressed wrong button- will complete shortly.

All of the below are EXCLUDING Divis- inflation is the key reason- precious metals nowhere near keeping up with inflation past 5yrs:

CEY : YTD -28% 5yr:

FRES:

HOCHS:

SRB:

SHG:

BARRICK:

NEWMONT:

Https://www.swissre.com/institute/research/sigma-research/Economic-Outlook/us-economic-outlook-september-2023.html#:~:text=After%20an%20estimated%202.1%25%20real,%25%20by%20year%2Dend%202024.

The odds are on Israel going in- the main gold driver at the moment- US remains economically strong, jobless claims, gdp etc/ you can all research.

After going in quick again today- I may hold over the weekend as gold could continue to accelerate on balance. Of course could drop on counter news, but on balance….

With CEY being confident on hitting low end (they must have something up their sleeve like Dasut mentioned)- again on balance more likely than not- get your questions in for the 30th October!

We all know the questions

Interestingly, my crypto portfolio is going good guns too- and before anyone mentions certain undesirables using too, it’s not the tool-

It’s the people using it

Interesting times indeed Goldgnome- watched it all too- go gold :-)

Hmmmm, I've been a member on this board for many years mhenderson, and you are the first to point to an issue before it came out in an RNS.

Of course no one here knows whether or not it was the same issue, or whether it was pot luck- but interesting nonetheless.