Member Info for Tornadotony

At the moment utilities, builders and staples (foodies) holding up.

Closed gap through company buying shares again. The company needs to halt the buy back and watch where the market is going. Expecting a big sell off gold. When the markets going down everything goes down.

The share price will be doing well to hold 20p. The whole market is being hit like it was when Covid-19 arrived. Nothing to do with the company regarding drop yesterday or whatever happens today. Donny owns it.

Around 1805p.

Not expecting a good day.

Hi Reetech

34% tariffs on South Africa may well hammer the share price tomorrow. Company may now need to prioritise operations in Brazil. Yes the 8p handle beckons. Tony

Barry, I am holding just 10% as very happy with the profits banked and divi to come in two weeks. Managing greed is very important as much as fear. A profit is a profit. Next week we start a new financial year here in the UK. Never regret taking a profit in a rally. The market can snatch profits away very quickly.

I doubt if physical orders are going through another reason why miners are now flat.

Companies may be wary of doing business with them, will they not?

Absolutely. I have worked in the consultancy business. Reputation is everything. Once lost other consultancies will make customers aware of their standards and what they do not do. I would not be surprised if it is taken over renamed and given a new upper management team.

Steve

If Trump continues uncertainty with his behaviour on tariffs then business leaders everywhere are paralysed and this results in a slow decline all year in the markets. Someone will find stars to play golf with Trump and they will encourage him to go down I have completed great deals for USA route. He then has to sort out Ukraine issue properly. The move after that is seeking to change the constitution allowing a third term as President and that will be quite something to do. .

Suggesting the most magnificent deals ever for USA will be done by Wednesday whatever they may happen to be. It will be sold to USA people as magnificent and SP500, Dow has a field day after all the whipping.

Gold RSI weekly now 77.5. It managed to hit 81 on one occasion in the last 25 years. I believe this is the second most extreme event. I have some Endeavour still on. When this blows off it will be quite a fall in the gold price. Trump is testing everyone including himself. If he blows up the USA economy and indeed other national economies he will have to own the consequences and the mockery would be intense. The alternative is deals get done and the gold price absolutely plummets.

Well I thinks it was a top today. Barrick and Fres suggesting it in their price action.

Last week of the financial year to go and I have no complaints. Hoping next year which we will be my last on equity business can do nearly as well.

Good luck to all our readers and take care.

Tony

Https://www.aljazeera.com/program/counting-the-cost/2025/3/27/whos-winning-the-global-race-for-critical-minerals

At 1830p. Not sure if it is the end of the rally. Still have kept some back in case.

Added and averaged down 21p. So made a start.

If there is next time at lower prices, I will do a rather large average down.

Good luck to the buyer who just bought a load afterwards to drive it higher.

Changed my mind with a very modest profit. Struggling to get past resistance lines. Lacking volume in the follow through.

Bought in this morning. Last time I was in at 550p area it went to 630p.

Delivery taken by USA 2000 tonnes of gold. I wonder if they had any gold in Fort Knox and decided they needed to fix a problem before July when Basel rules get applied.