Member Info for SteveJones999

Yep Mr T, unfortunately I don’t disagree with any of this

I worked for an airline many years ago in tech- I recall warning the MD (CEO’s) weren’t around in those lol- that if we’re not careful if we keep outsourcing, all the companies we outsource to will get richer and richer on the back of us whilst we will struggle to make a profit- bit like a load of parasites on a rhino- the rhino will go extinct first if we go too far on this strategy, and the parasites will simply move to another beast .

Thanks- will have my finger ready tomorrow for some trading if it goes the way we want it to- else will hold off

Cheers Goldgnome- let’s hope for a big dent in the CPI data tomorrow- at present odds are on pause for Weds- a drop(and the larger the better) will mean the FED have to pause and good for CEY.

490k not a million lol- I blame the calculator , but you get the gist.

Tony.

I always buy and sell around markers/data points, not in anticipation unless the probability is too strong to resist.

I don't work on fair value as it's pointless in stocks- the market decides the fair value and no one else. The value is the current SP it's that simple.

You post on this board most days, so just as quick to buy and sell stocks, and your %of portfolio is irrelevant to me unless it has say a value of say 7million and you've just bought million- happy for you to state the amount you bought in cash terms rather than % which could be anything. Having said this, as I've said before here, PMs are my biggest risk asset next to crypto, and represents ~10% of mine when I'm in and 0 when out. PMs are my most traded stocks by a country mile, and this one my most!

Somethings always cheap until it's cheaper... why not wait on news which could be good or bad, then go in or remain out?

Why not wait like others have been for the key US DATA this week?

In life, on things you can’t control, you have to play the world you are in, not the world you want to be in…

The internet is littered with hindsight experts, conspiracy theorists etc. I don’t bother with any of that &&&&, just play the market as is - as people say “it is what it is” and “we are where we are”, make the most of all opportunities- whinging about the past with hkmhgsight glasses is completely pointless

What?!?! Had there been a recession people would have all been loads worse off, on top of issues with bills etc they would have lost jobs too!

Wish I could be bothered to go back to the 100s of doom sayers 2 years ago when they all said guaranteed recession by end of 2021 lol

And for some more context over same time frame when gold is was pretty much where it is now (early August 2020):

CEY down ~56%, FRES down ~48%, HOCHS down ~73%, Barrick down ~41%, Newmont mining down ~40%

Key markets:

FTSE up ~25%, Dow Jones up ~24%, S and P up ~29%, Nasdaq up ~21%

And for Mr T, as he commented on crypto- Bitcoin UP ~235%....

So there you go, clear evidence of PM dire performance... costs and inflation anyone?

Rebess/Spoonington.

It is primarily inflation since highs of Aug2020 approx as I said- of course AISC is at record highs Mr T as that what inflation does to the cost base... My rationale- look at other PMs over the same time frame, just as bad, and remember these figures don't include the divis paid out, of which CEY where good. Of course, I'm not defending CEY- far from it, but just saying that all PMs are suffering, and it's called inflation...

PMs:

CEY down ~56%

FRES down ~48%

Hochs down ~73%

Barrick down ~41%

Newmont down ~40%

So clearly there's something in common methinks...

It’s all about inflation… cey share price less than half it was 3 years ago approx which gold at similar level. Production is much higher than then too from cey- inflation inflation inflation

3bear- I can find something not to like about this stock- it keeps going down

Yawn…

Yep. like I posted at 13:33- bizarre that CEY didn't respond though- gold up, CEY down...

Goes not goods lol

261k v 235k last week, hence spike