Member Info for uncertain

I mainly got out earlier in the week as the surge into the twenties looked to be wavering and made a small profit on those sales but I had left in �3k on the off chance that things would turn around which I sold yesterday for only �2k I have been doing a bit of trading recently, which I do from time to time, but have concluded, once again, that I am not very good at it (but I still get tempted now and then!) My new years resolution is to adopt an 80:20 split. 80% goes into solid shares that have growth potential: CEY, KAZ and GFRD. 20% goes into shares which are a bit more speculative but may suddenly come good: SXX, POG, CASP and TCG. And I only trade when any of these moves too much in one direction or the other. I'll let you know how I get on. My dry January and the half stone that I have lost since Xmas suggest that my will power is improving with age

When measuring the $ change in the price of copper, it is important to realise that the dollar is itself falling value, so the copper price fall is actually greater in terms of �, which is the currency the share price is denominated in. Given this this KAZ did better thsn you suggest

The dollar continues to fall, and while the �pog is currently rising it is actually lower than it was overnight last night. Gold is doing well, but the dollar falling is the most noticeable thing going on here. Next week should be very interesting

The question is how successful will it be

Cooperman, i think you should take into account what the president has said about the mayor of London. Trump is a bully and the right approach with bullies is to stand up to them. Whether you are a liberal or not has nothing to do with it.

is of course many countries joined together in a union. Much of it is beautiful, many of its people are good people, as in any part of the world, but just currently its president is an a**seh*le and that is what I was responding to, particularly his tweet this morning, but also his cowardice in not coming to the UK. Meanwhile the dollar continues to be weak. I predicted at the end of last year that the USA would try to put a lid on gold at $1320. It will be interesting to see if they attempt to do that this afternoon.

the currency of that sh*thole country USA, is dropping like a stone. Can any goldslap save it now?

as I said might occur when I switched out of KAZ and into CEY at the start of the year. In case any of you out there are worried about me, I just thought I'd let you know that I got back in at 905 and again at 925. There was a small profit in CEY but it has been better here!

The question I have been asking myself recently is whether bitcoin is an apple or a tulip. Investing in tulips made people fabulously wealthy in 17th century Holland, but then it turned out to be a massive bubble. Investing in apple made some Americans fabulously wealthy in the twenty first century, but this was based on genuine technological breakthroughs, mixed with a bit of old fashioned exploitation of labour in poor countries. My feeling at the moment is bitcoin is a tulip but blockchain is an apple. The question is what is the best way to invest in blockchain. I am fairly sure it is not bitcoin.

and wish him well in the future

Another large dividend. Not that it is in our long term interest!

The resource update of 1m oz is almost two years production. Siko was bang on with his annual production figures, which while a little less than some where hoping, still exceed guidance. The figures in the press allegedly coming from Josef, were incorrect. The market should be satisfied with these figures, but may wait until the preliminary financials before making its mind up

when I looked it said 10th Jan

Agreed, but I think CEY will outperform POG in January and February

I haave also sold up pog in favour of cey as the recent change in ownership is a little mystifying and will hold the share back in my view. Still a long term prospect however and would be a good takeover target

Or perhaps it's a misunderstanding. Output was 551k oz in 2016 and we expect it to be about 560k oz in 2017

Are they planning to cut back some more low yielding rock as in the first 6 months of last year perhaps?

And now gold has suddenly gone in completely the opposite direction from the one which you would expect after this news. I think we can properly identify this as a gold slap given the circumstances!

The dollar has also dropped, wiping out its gains during the day - gains made no doubt in expectation of better news

and gold bouncing back sharply