Member Info for SteveJones999

The US premarket 13:30 data points and 19:00 FeD announcements are the key points in the US that dictate the movements- some of which also latterly sometimes have an impact at US market opening times

Someone at Blackrock’s in for a *******ing…

My CEY is now ahead of my POLY today :-)

No economic data points today from US

A good long termer Canetoad for the reasons I posted earlier- our goldies are flying :-)

I having a great race between my CEY and POLY lol

Gold now very close to yesterday's peak surge point...

All that is known abs was pretty much known before the RNS- this is ripe for a takeover- the brand remains incredibly strong which is he hardest thing for anyone fashion retailer to crack- if an offer comes in it will jump vastly and be too late the get that increase… remains a hold for me- very good update and I expect it continue to rise

BOOM! £15

Lol Razor :-)

Very good results, corner turned. Sometimes is takes a while for a low volume stock that has been bashed over the past couple of years, for new to permuate through. and gain traction.
Fingers crossed...

Thought it time to repost what I did when gold slid back to ~1846 last night... no change on position for me.
"I think it will hold/rise- the US data at 13:30 was enough to spook many that “transitory” may be a longer “transitory” than the Fed said… here’s hoping - no one know for sure…"

Cowichan, Goldgnome,
Would appreciate your views on the RNS today. Looks good to me, but I'm no mining expert, and only skimmed the 96pages to try to get my SP drivers out of it.

Very good update , corner turned, takes a while for news to permuate to gain traction on low volume stocks where they’ve been battered like this one. Patience…

Candid, I have already said several times that I invest in several of the major cryptos - the ones I consider the key ones to spread my risk(I would suggest research here as to which ones you prefer and why) I do the same with gold stocks and same across my portfolio with all things :-).
You are right in that I invested years ago and got my initial investment out x3 so even if it goes to zero has been great, but I obviously don’t expect this and it’s worth the risk/benefit for me. As I’ve said a few times, I have not increased my stake in cryptos for now, it would dislodge something else and I’m happy with my overall portfolio from a risk perspective. There remains potential for massive gains and equal losses- I also do not plan to increase my gold stocks holding either- less risk than crypto but gold is my next highest risk asset, and we know these can swing and drop on a single unscheduled RNS like here. Gold mining has big risk but also potential for big gains
I am happy with my portfolio spread, only you can answer the question on what to invest in.
Good luck with whatever you decide :-).

I think it will hold/rise- the US data at 13:30 was enough to spook many that “transitory” may be a longer “transitory” than the Fed said… here’s hoping - no one know for sure…

Yep, no one apart from those on the inside know- we are but passengers and take our choice on the known data and how we think it will play out.
Fab to have a nice, large green day- it's exciting when the wave grows.
Pretty much, as expected, all PMs rose well- most think well undervalued at these prices pretty much across the board- let's hope soon the tide turns for PMs...

All bets are laid- good luck all holders for tomorrow.

I did say watch the US CPI data at 13:30 lol.
I was on the golf course and saw gold go up- hit my shot next to the pin on the par 3- happy days.
Nice to come back home with a fab rise here- well done all holders!

Too embellish, this is is why I only a hold a small % of my overall portfolio in gold stocks, and not with just 1 gold stock. The wall issue in Oct2020 is simple evidence of how high risk gold stocks can be. Like everything, the higher the risk the greater the potential profit and equal great potential loss.

Many managed fund pension providers "top slice", swap stocks all the time, move into cyclicals etc when timing they believe is right. There are pros and cons of both so a mix is best, and let's not forget that many have been stuck with massive losses on underperforming companies, some have lost the lot by staying put eg Thomas Cook to name but one.