Anglo Asian Mining Share Discussion Threads

[cast_no_shadow] 11/11/2016 20:10

*December fed funds rise

[cast_no_shadow] 11/11/2016 20:09

Personally I can't see the price of gold dipping much more. The physical market is on fire.

The rising dollar yen and rising interest rates and plunge protection team have created a perfect storm of selling. I can't believe they'll let the dollar blow past 100.

Stresses on emerging markets are appearing again and the stock market will suffer sooner rather than later. The last thing they want is rising rates.

In my opinion the chances of a fed funds rate are significantly reduced now.

[mattjos] 11/11/2016 19:56

Jeanesy ... the sky is not falling in on your head. Calm down, fgsake. Have the courage of your own conviction in the company. Just follow the chart and be patient. The gap is waiting for us & should get filled Monday/Tuesday

[zhockey] 11/11/2016 19:52

If gold goes below 1200 then I think AAZ will test the 200sma which will be around 15p.

[jeanesy] 11/11/2016 19:42

Just got back in.Another bad day here. What is happening to the POG? .. now in the 1220's. When does the hedging end ? We should have hedged more. At least the manat continues to weaken. Well those that said we needed the gap down to 25 to happen are going to get their wish next week for sure. How much lower will POG go and will it drag us down with it . How much money are we making in copper as that price continues to strengthen. We need some good figures next week and some nice resource news soon. How could have thought that trump getting in would see us lose over 25% in one week ?!!

[mattjos] 11/11/2016 19:14

That kingworldnews site is a total load of cobblers, imo.Follow that gibberish and you'll have been bankrupt years ago

[graylyn1] 11/11/2016 18:39

Is This Why The Smash In Gold & Silver Is Happening? A Shocking Game-Changer For Gold & Silver Is Now Unfolding…

[cyberbub] 11/11/2016 17:35

Has someone dumped $10bn of gold??

[celeritas] 11/11/2016 16:37

$10b of gold dumped, because thats what you do for the best price. Like it isn't obvious.
AAZ is way underpriced, like ive said many times before it should never have gone below 20p and needs to be 75p just to match others that have ran.

[zhockey] 11/11/2016 16:29

I dunno, if equities roll over then money will flow back into gold

[cyberbub] 11/11/2016 16:23

It's possible we might be seeing a double bottom on the POG at around $1100?The good news is that even at $1100, AAZ should be worth 50p, IMONAI

[zhockey] 11/11/2016 16:17

Bloodbath, silver down 6%

How the Dow hasn't rolled is beyond me

[mattjos] 11/11/2016 16:11

blimey .. they are certainly caning gold today

[timberwolf3] 11/11/2016 15:10

strewth gold is taking a beating.

[zhockey] 11/11/2016 15:08

This was my worry, gold still getting slammed. Are we back in the bear market?

[zhockey] 11/11/2016 14:48

Let's hope it's a biggy and not just reclassification

[jbravo2] 11/11/2016 14:26

Spot on scottishfield, all these prices are good. Welcome to the "have quite a few" club. :)
Sure, there will be some news about production (indeed some should come next week via the press) but I'm guessing from my chats last week that the next news will be a resource upgrade.

[scottishfield] 11/11/2016 14:08

No not really zhockey not with this one. its a hold hold & accumulate at lower prices if poss for me. I think gold is perhaps in a temporary lull. The focus is more on base metals currently. But gold will come back before too long. If you believe/think that,then these prices here are well worth picking up at. all imo of course.

[zhockey] 11/11/2016 14:04

Scottish,

Are you not a bit perturbed by gold's movements?

Also with short term news flow risk to the low side, I.e. production has disappointed of late.

Of course we could always get exploration news at any time that could be a game changer.

[scottishfield] 11/11/2016 13:58

Bought today also, pity(for me) it's going up ! Wanted a few further down; still I havequite a few now.

[mattjos] 11/11/2016 13:53

Manat still weakening against the USD