Member Info for SteveJones999

The peak was not in Tony, now at 112.40

Lol- it’s gonna rain so Ferrari stays in its bubble :-).

Happy banks hols I mean and enjoy the street party :-)

Cracking day for the portfolio- EVERYTHING green in stocks and crypto - must be the King Charles III global effect - happy backbone hols all.

No disagreement there from me

But if you are long and don’t trade- these movements look more violent on tiny timeframes- in the scheme of things not that great- on a few days ago Mr T you were caning this stock for being poor and yet it’s up about 6% from then in a very short time :-)

As I keep saying, forgot all the waffle and theories just trade data points-

Headline figure 253k over 185k est.
Unemployment falls to 3.4% VS 3.5%

There are many of us who invest in gold miners for different rationale, as they’re volatile, driven by a few simple drivers, and easier to predict than other stocks- ideal trading stocks.

Yep, but at least they put a reason behind the recommendation, albeit without the full information...

Nothing CEY can do, just like today- like most things, just passengers, albeit very good... oh to be Jerome lol.
19:00 announcement, and then the ensuing commentary which can sometimes radically change things from the initial moves, but not always. Who knows- the nice things is ( or bad thing - depending on your viewpoint), you can't do anything if only trading on LSE...
Good luck all whatever your positions are :-).

The main reason it's different to 2008, is because chalk is different to cheese- look at the 2008 drivers- there's your answer. Timeframes are key- and if you look at it, as I said 25% drop in gold, and 65% drop in CEY. So if you think that this is a banking crisis, why on earth are you invested here?

Bitcoin and crypto is NOT a safe haven and is NOT a competing asset unless you mean everything is a competing asset? As always, it's NOT about the absolute rate rise tomorrow (unless there is a massive shock on what is expected), it's all about what he says and how he says it- and how this is interpreted.
How you say Bitcoin has lost it's momentum is bonkers and beyond me when it's gained @43% in the past 6month (now that' momentum) is beyond me.

I also find it bizarre how the inference is that this is somehow good here on this CEY board- last time there was actually a banking in crisis in ~2008, gold dropped about 25% and CEY dropped about 65%!!!
If I think there was a banking crisis- I'd be out of here 100%

I said there was no banking crisis and have said same for some time

They don’t as it has zero impact

The markets are reflecting there is no banking crisis. It’s all about the FED and inflation for gold and cey - it’s really that simple - fast deceleration is what is required of inflation like I keep saying- the rest is a sideshow that’s keeps people typing but does zero to the SP here

That’s cos their isn’t a banking crisis

I don’t want any crisis’, what we need is a rapid decrease in inflation, preferable with some items eg fuel, deflating. Gold and CEY(mining PMs) generally move most at more extreme moves eg faster than expecting dropping of inflation- this is what I’m hoping for. Any crisis generally whacks all stocks

Separate issues - no bank panic- struggle why people think there is