||ORD SHS 0.1P
||EPS - Basic
||Market Cap (m)
|Equity Investment Instruments
Golden Pros Share Discussion Threads
Showing 1751 to 1774 of 1775 messages
|For anyone left who doubts the gold market is rigged, and that gold is on the cusp of a smart move upwards, then read and digest the attached article.
Then get yer buying boots on.
|GPM approaching a key level - no divergence yet|
|So the discount is now over 20%.
Very oversold. Gold is also oversold.
I stick to my $1500 target for summer 2017.|
|That drop today was a gift but I had no spare funds to buy.
something to be said for keeping some funds available.|
|With some many issues in their spread across Australia and Canada I think they do a good job overall. The fall in the asset price of GPM has been nowhere near as bad as the falls in the precious metals markets. The management have chosen some great PM stocks to hold. I like Klondex and First Majestic. The management is proactive and tends to get in on fund raisings in really good prospects, for instance, with Americas Silver and top slice stocks that have run too far. I would prefer that they did not hold Tahoe Resources and Continental Gold and I don't know much about their moves into some of their newish Aussi stocks. You can't have everything but they are active and the spread appears to be a good hedge against severe losses. I own some of GCL, too. Again, they've got some magnificent holdings, ready for when the Uranium market takes off. "You really do have to be in it to win it."|
|I'm long term holder of this PM Investment Trust (very small %)and it should, on paper, be ideal as a 'safety/diversification' stock to my portfolio. I generally try to avoid single Co's and much prefer Inv Trusts to help spread risk. However, everytime i re-visit this to top up I'm disappointed in the management choice of the fund. In all honestly I just think it's a poor IT. Any views on this aspect of GPM (rather than Gold price)|
joy division still
|I agree, but timing is key. Glad I switched to the copper sector on the Trump victory. ATYM, WTI and co doing very well. Think long Cu and short Au still makes sense a while longer. Copper about to break the Nov. 11 spike high.|
|It's sad to see several holders sell here when GPM will do very well after this cycle low. New highs are ahead of us and substantial ones at at, in the first half of next year.|
|Still looks too soon to get back in here. Miners still dropping. Another 3 weeks or so till last Obama Fed meeting. Almost certain they will raise rates. Gold will continue to fall at least till then IMO. GLA|
|$gold Death Cross imminent.*
* = where 50sma crosses down 200sma
|SP should be a lot lower by now IMO. On previous dips the share price has dropped to more than a 20% discount to NAV. GDXJ gold miners basket down about 7.5% today and the big caps are down hard. HOC, CEY, PAF and RRS all down 6% or more. Adjusting last NAV for move in GDXJ since and for usual discount on sell off suggests this should already be down around 35p. A long way to fall unless miners pick up ASAP.|
|Cheers. Unusual for me to place a bet, but decided to as the polling methodology was way too skewed and figured they were using the betting markets as propaganda, conditioning the peons on how too think. Had a 90 minute round trip to get those odds. I see GDXJ junior gold miner ETF gapped up about 7% on US open, was promptly hammered back, but is now approaching it's high again. Hopefully market will soon digest the news and we can then move higher across the sector. Still hoping for an attack on year high share price fairly soon.|
|That's a great bet phoebusav. I went to bed last night having given up on Trump. With gold down his chances seemed doomed. What a surprise this morning! The rise in the Dollar today and perhaps over the next few days will later add fuel to the next sustained rise in Gold.|
|Same here. Had £300 on Trump at 4/1 too. I notice gold has moved back down again, but it looks like this is due not to a rising dollar, but a plunging Euro. GBPUSD is steady, JPY down a bit, but EUR being hit hard. UK and US both gone anti-establishment, putting them on the same side. Pressure now falls on EU and EUR with Italian constitutional referendum where anti-EU party Cinque Stelle is polling very highly and the Austrian election where the anti-EU candidate is in the lead. This is followed soon thereafter by the Dutch, French and German elections with Dirk Wilders, Marine Le Penn and ADF all anti-EU, all polling highly. I expect gold should start to move up once the EUR drag is worked off, whilst GBP should soar now there is to be a pro-Brexit US President in the Whitehouse. He will no doubt bring pressure to bear on the EU vis-a-vis negotiations with the UK.|
|Nicely, so glad I held on, go the Donald well done.|
|Big moves in GPM's Aussi stocks overnight.|
|Gold and silver moving higher. A wall of buying here yesterday and buy volume 6.8 times sell volume today, yet down we tick 5 times on three isolated sells. GDX gold miner basket down 1.7% despite the metals rising. Traders getting pushed out ahead of a huge spike if Trump wins next week. Time to take a little heat ahead of possibly massive gains in a couple of days. GLA|
|Gold just regained the China Golden Week Baumgartner Cliff at $1307. Looking great. Now for that no rate rise decision.|
|Since every trade is both a buy & a sell there's been plenty of selling.|
|Plenty buying this afternoon by the looks of it.|
|Topped up also :)|
|Topped up also :)|
|I just topped up, not a huge one but have 40k now so definitely a big toe in the water.|