Member Info for Supercharger

Bloomberg just announced traders are concerned about a shortage of both Gold and Silver bars which is starting to drive up prices. What I suspected last week would happen. Apparently investors are coming out of other shares and investments forcing the price of precious metals up. This will help us with stock in trade sales and also the reserves in the ground, whether it is mined or not, future order will be made. Good place to be here again. We will rise from here.

Gold and more importantly Silver (now up over 3%) will benefit both Hochschild and Fresnillos share prices based on future sales and reserves held in the ground whether they actually mine or not. However both will already have stock in trade that will be sold at raised prices. I can see the share prices for the precious metals miner not surprisingly are now moving up fast.

We may have to dig in and wait for better days as I have a gut feeling that we might have a difficult fews days but after they have passed we will be back in for better times. We will have to hold hard as the rest of the market falls faster. ATB but the main thing is stay safe. Money is not everything in life.

I have a gut feeling we may have a few rough days and a storm is gathering but when it passes we will have a tremendous opportunity. I may be wrong but I have a feeling we may drift for a few days and have to hang on in there.

For HOC -The mines are undertaking heavy maintenance. This was planned for later this year but they are using the opportunity to carry this all out early under the Govts. recommendations. They still are keeping the mine workings available for a larger scale production later with all water pumps, air pumps, tailings working as normal. The medical facility they have is also being maintained. However I see them later in the year when the virus passes making some big headway at a higher Silver price.

Also China from saturday is closing its borders. I am not sure now what is going to happen to Gold it may fall as the Chinese are the biggest buyers of the precious metal. So be prepared we may take a hit here in the short term. -Sorry but I am honest.

As I suspected further to what I said before :-
Apparently Dealers, Hedge fund managers and Bond Managers and Govt for their ETF purchases all want Gold and cannot all get it as there is a market shortage -This will drive prices up to new records levels very soon.

Apparently Dealers, Hedge fund managers and Bond Managers and Govt for their ETF purchases all want Gold and cannot all get it as there is a market shortage -This will drive prices up to new records levels very soon.
This share a great play.

I am pretty sire the NYSE gains on the other stocks will not last either and we are not yet at the market bottom when the Virus spread has only just started - shame but it is the truth.
I also see (DK) us and Gold prices moving up first and then Silver will rise significantly as industrials come on stream as you have said before. Good luck.

Hope we continue - I am pretty sure the NYSE gains will reverse later but we will see I am sure the other stocks are not at bottom yet as lets be honest the Virus has only just started to arrive here and in the states.

We both might have enough to pay off our credit card inflationary diesels prices -scandalous isn't it -I think I would switch over to home deliveries!!!! Let them suffer their own diesel costs, mind you they probably use the Red stuff?

Glad I see this as a string buy and after yesterdays full see us recovering a lot of ground here for the Gold miners!!!

Could be another gold rush soon? US Futures now over 400 points down.
Expect precious metals to rise before NY stock exchange open?

I see the Fed lowering rates but will we see negative rates short term? This will really make Gold/silver rise.
Us futures now over 400 points they could be in for a very hard afternoon. Gold currently back up to USD1626oz.

Looks like as many have projected regrettably all Word economies are now struggling - Gold Silver chart to expect positive readings very soon as safe haven status. At this rate we will have negative rates which will help precious metals further.

Money is being absolutely flooding into the markets and the Govts have been lowering rates and in time imported goods will become far more expensive and there will be inflation. Demand has currently shifted for stay at home items. away from items people would usually buy, however the largest hedge against any currency being devalued. or in any country paying negative or no interest rates is Gold and Silver. With buying Miners shares you do not have to keep hard metal under the bed. I see us rising quite substantially from here. Far to early to go into other fallen shares. Some other Companies will just not survive I am afraid. The fact Hochschild and Centamin have issued very positive year end reports based on higher precious metals prices speaks for itself. I see Gold/Silver going up later as NYSE futures rise!!.

Current Govt Policy of no interest on cash will help us here. I also see Sterling falling later against the USD which with the Yen is always looked upon as a safe haven. Although the way the Fed and the US gov keeping pumping out the notes the only safe Currency is Gold and Silver.
NYSE futures now down over 380 points and rising. Glad I bought some more Hoc as I expect us to rise quickly.

Looks like the safe havens will return. Hold'en precious metal miners shares!!!! We also know that the USD is viewed as ea saf haven some a double win on the currency play as I see Sterling falling with no interest from the BOE.

I think this alone will push up later, and in support we have NYSE futures down (just under 300 points). I also steamed into some more Hochschild last night when they went down 9% for no reason. When I pulled myself our of bed they were already up, but for me are already up 3-4%. I can see now how you do so well!! Anyone coming out of the precious metals miners do so if they are moving into shares that have fallen at their own peril. It is still too early in my opinion.

I see Gold Silver rising this afternoon as the safe haven again, anyone having coming out of here yesterday may well be sorry, as the NYSE futures is down 300 points and likely to open lower after yesterdays gains where profit taking will take place.
Looking forward to us coming back this afternoon.