Member Info for TimberTrader

The usual suspects are all out in their placeground today Mark!

@ email Are you and plode some sort of tag team? Most of your GGP posts over the past few months:

"How on earth is GGP gonna become a producer?... with whose money?... Well, it's blindingly clear is gonna be your and my money. A raise is inevitable. You can run, but you can't hide"

"...What I'm afraid of is that is just a soft massaging of investors' nerves prior to a raise/placing - ?"

"No fear of a capital raise anymore then?"

"thanks for your view about dilution... I agree totally with you... I guess you are a very LTH... My problem - and likely of a few others' too - is that being a mid time holder I might not have enough time to ride out a dilution - good or bad!... That's why I am particularly worried about it"

"Plode, why there would be a dilution in your view?"

Clearly some people are clueless about anything to do with running a business! It'd be stupid for any company CEO to say, when asked, that they WERE interested in taking over another company!

SUMMARY

- The recent rally in gold prices is not the result of increased gold ETF flows, contrary to previous rallies.

- The new marginal buyers of gold are central banks and retail customers, especially from emerging countries.

- Gold has found a renewed role in the world monetary system, offering an important form of reserve diversification to central banks.

- Gold could play an even larger role in the emerging multipolar world, as collateral to facilitate transactions outside the SWIFT system.

- While a retracement after the recent rally is possible, a strong allocation to physical gold remains prudent. The real opportunity now is, however, in miners...

https://seekingalpha.com/article/4682765-gold-long-term-trend-up-real-opportunity-now-is-in-miners

,,,,Ignore the 'Not'. I don't know where that came from!

An interesting rise today. It doesn't appear, not currently anyway, as another WSBN 'pump & dump', where you'd expect to see a slow move south again by now. It looks like anyone bailing out, thinking that it is, is having their shares bought up.

I guess only time will tell, as usual, but it'd be nice to see a sustained, ongoing buy this week...

Not

Already intraday high today at another record @ $2354, backing off a bit to current $2345...

As I've said before, IMHO, this is going to be a big factor over the next few weeks, but especially if the POG continues upwards. Like everything else, there's no certainty on that, and I tend to ignore the numerous posts from the 'experts', who, just because they have online coverage, doesn't meant that they're right! I'll read them, but they're unlikely to sway me, in any major way, one way, or another.

That all said, and as I've said for a few weeks now, IMHO, I think we're more than likely to see a closer correlation between the POG & gold miners/explorers in the near future, possibly imminent! Then, watch out! Why? Because the retail market, and institutional, tend to act like sheep.

Then, I'll also be honest, any shorters may well lose their shirts, and, quite frankly, that'll probably give me as much pleasure, as the sp gains that will also follow!

GLA& DYOR!

A lot of truth in that wiltshireman! Seen it, done it, got the T-shirt!

There's a lot of sheep mentality in the financial markets, both in retail and institutions.

When they figure it out, boom!

Indeed, and in this case, it probably won't just be a case of.....

https://i.makeagif.com/media/7-01-2016/18jIxJ.mp4

IMHO, the markets must surely, soon now, correlate this more fully with the gold mining/explorer market. It can;t be ignored forever, but, when it does, as in so many cases, the effects will be large, and probably quick too!

Another intraday record high @ $2322...

For sure we'll know it's 'the turn', when the usual suspects, and their latest new mates who've turned up over the past few days, crawl back under their rock, some never to be seen again!

...and Liam, of course!

Many thanks Dip!

$2305 intraday high so far today...

LMAO! Just when you thought they'd all crawled out from under their de-ramping stone, they send another one in!

@ Itsouthere Nice to see that even you believe we'll get an upswing! From you, that's incredible!

Sadly though, you fail to understand that, when we have the, inevitable, big upswing, you won't be able to get in. Your computer, and the MM's will say "No"! You'll be left wondering what happened, as the sp rises! Good luck!

Indeed Chuffchuff, you only have to read through the current crap, from numerous posters, who've either never posted on here before, or rarely in the past, to see how obvious their intentions are. It's nothing new, and anyone with any sense will see that it's just yet more pointless de-ramping, from ignorant clowns!

Plode, you really are the most illogical investor (If you really are?) to ever post on here!

You say that you're invested, but continually, regularly, but only when the sp is falling, deride, and de-ramp the company!

For once in your de-ramping life, why don't you actually come straight, and let us all know, exactly, what your current position is in GGP stock, and why, exactly, you consistently want to force the SP lower?!