Golden Prospect Precious... Share Discussion Threads

[different world] 05/5/2024 10:53

Why would anyobody want to "mark down" papillon and his posts and charts?

Bizarre.

Keep up the good work P.

[papillon] 04/5/2024 21:18

"Gold & Silver correction continues"

Another JRB video

[papillon] 04/5/2024 21:16

George Gammon video.

[papillon] 04/5/2024 21:12

Jordan Roy Byrne video.

"The Most Important Gold Chart in 2024"

[papillon] 04/5/2024 21:04

"Video: The End of America’s Hegemony, buy gold and silver sell shares"



"Author, investor, and founder of Goldstockdata.com Don Durrett, is bullish on gold but that has clear implications elsewhere."

[papillon] 04/5/2024 15:06

free stock charts from uk.advfn.com


GPM linear share price chart since it's flotation. I'm hoping, different world, that the GPM high of circa 130p, achieved in 2011, will be retested and surpassed. 🤞 I'm hoping I'm still around to witness it. 🤞 🤣🤣

[papillon] 04/5/2024 11:46

free stock charts from uk.advfn.com


6 months Gold price chart using Heiken-Ashi candlesticks and showing Bollinger Bands, 20 day MA, MACD & 14 day RSI.
Interesting chart. You can see the the spike up to over $2440 earlier this month and the change in colour (green to red) when the Heiken-Ashi candlesticks started to turn Bearish. This short term Bearish trend was confirmed when the Gold price dropped below the 20 day MA.
Both the RSI & MACD are trending down.
I will wait patiently until the RSI starts to rise again, the Heiken-Ashi candlesticks turn green again and the Gold price rises above the 20 day MA again and the BB's start to widen. Until then I'll go to sleep! 🤣

[papillon] 03/5/2024 15:35

papillon 30 Apr '24 - 21:48 - 3332 of 3353 Edit
0 0 0
It wouldn't surprise me to see the Gold price drop back to the 50 day EMA as support and maybe even drop below it. The 50 day EMA is currently around $2240, albeit still rising.

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
I posted the above on Tuesday. The 50 day EMA is currently at around $2250.
I can't predict the future so, unlike Nostradamus, I won't even try! 🤣 However my long term Gold price chart is still Strongly Bullish.

[different world] 03/5/2024 14:52

The bears, shorters and market riggers will do everything they can to hold gold and silver down - it won't work.

The cracks are beginning to appear. As each week and month pass, the important indicators are turning towards a slowdown in the US economy. But the inflation figures are stubbornly refusing to fall down to target.

Eventually the two will meet in the middle, and Powell will be forced into a cut against his "better judgment".

The same will go for the hopeless and hapless Bailey over here who couldn't run a sarsparella and pie & mash stall if he tried.

And that's when gold will convincingly come into play with large sustainable increaes in price and volume.

Meanwhile, here's this week's Palisades Capital interview - oil to $200 and buy gold and silver.

Despite gold coming off in the last hour, the ducks are all lining up very positively.

As far as GPM is concerned, we have a 25-30% cushion in play between the share price and the NAV, very high by any standards, so any downturn in the gold price will be well insured against down to the $2200 level at least.

[different world] 03/5/2024 13:33

NFP 175,000 vs 240,000 expected.

Slowdown and rate cuts coming?

Gold and futures soaring.

[rougepierre] 03/5/2024 11:26

How desperate or stupid people must be to sell today at a 24% discount to NAV...

[papillon] 03/5/2024 08:31

🤣🤣🤣🤣 I live in a bungalow in Nottingham. How's your bedsit in Middlesbrough, purple? 🤣🤣

[nigoil] 03/5/2024 07:22

How are your 2.3p PPP shares doing purple11?...... LOL


Simples!...... :-)

[purple11] 03/5/2024 01:20

hows your dodgy little flat in Dagenham paps?

[papillon] 02/5/2024 23:56

"Gold prices see post-Fed pullback but uptrends remain intact – FXStreet’s Monfort"

[rougepierre] 02/5/2024 20:00

NAV 41.42p...

Sellers at 31.755...

23% discount...

Do people do even the teeniest bit of research...?

[papillon] 02/5/2024 14:15

Gold is weak today.

[papillon] 02/5/2024 00:54

free stock charts from uk.advfn.com


I've chosen to post this chart of GDXJ because as an ETF it isn't complicated by a fluctuating discount to NAV, like GPM. As can be seen since the high of early April the GDXJ share price is forming a "Flag" pattern. That is often a Bullish continuation pattern following a sharp rise (the "Flag" pole). Short term target price is 40+

[papillon] 01/5/2024 21:52

Gold currently up 1.44% tonight following the FOMC statement. Should bode well for the GPM share price
Yes, different world, stagflation is a distinct possibility. I believe the last time the USA experienced stagflation was in the 1970's, which was an excellent decade for Gold.

[davebowler] 01/5/2024 19:57

htTPs://english.news.cn/20240501/c247301d010a4c35af4059beaa100251/c.html#:~:text=The%20Reserve%20Bank%20of%20Zimbabwe,the%20inflation%2Dravaged%20Zimbabwean%20dollar.

[papillon] 01/5/2024 14:43

I'm keeping my 50k of GPM shares. Not tempted to sell. I've started to add to my junior Gold miners. I've had a small flutter on GDXJ this morning.