Anglo Asian Mining Share Discussion Threads

[zhockey] 02/2/2017 14:12

It won't take much, just get Mnuchin to stop jaw boning the strong dollar line and off it will go.

[jbe81] 02/2/2017 13:55

All of Trumps policies need a weaker dollar.

[mattjos] 02/2/2017 13:43

If I were Trump, I would want a weaker dollar now in the run up to his cut onm corporation taxes and offer to allow USA corporates to bring back onshore the funds they have elsewhere in the world.
The weaker the US$ is, the more US$ these large corporations will be able to get when they switch their offshore cash back into $'s and bring it back home.

The weaker the US$, the more tempting it will be for USA corporates to re-shore for the purposes of setting up manufacturing in the USA.

If Trump is sensible, he will get that $ down as fast as he can now at same time that the FED holds off raising rates.
The more money that is re-shored to the USA, the more firepower there will be in the US economy for Trump to enact his planned giant infrastructure program

[bumpa33] 02/2/2017 13:40

Finally some blue :)

[mattjos] 02/2/2017 13:19

I really don't see why Cantor and the buyer should have this their own way any longer.
Gold is through the recent reaction high, after a predictable retreat to the 38% Fib level.

Anyway, bought some more just under 20p on the formation of nicely, 2-month, spaced double bottom on the AAZ chart.



free stock charts from uk.advfn.com

[jbe81] 02/2/2017 13:15

Cantor off the offer, interesting to see if buying continues to move the price

[wrighty46] 02/2/2017 10:53

You and me 2 zhockey, I'm so tempted to sell a few others I've got, but they are all waiting for news, and I know exactly what will happen if I do.

[zhockey] 02/2/2017 10:24

I would be buying here if I had funds.

[jbe81] 02/2/2017 10:11

Cracking value here, just a bit of patience needed for a rerating.

[terropol] 02/2/2017 09:39

Good morning all.
Yes Matt, gold looks like taking the next leg up....
Bank loans coming down, making our interest costs smaller and reducing our all in production cost.

The market is not giving the company a valuation to excuse our production and infrastructure built by the company over the years.

It will not take much to change the present market sentiment, then the share price will fly.
For now we just have to seat tight and wait for the rewards.

[mattjos] 02/2/2017 09:17

Gold still inching towards a breakout past the recent reaction high of $1,220.FED meeting was deemed dovish yesterday

[deanroberthunt] 01/2/2017 11:25

this and POG are laggarts

[bumpa33] 01/2/2017 08:54

another 250k, looks like a cross, printed by UBS who don't make a market here.

[zhockey] 31/1/2017 22:35

Jbravo,

Where do you see those gains coming from as it suggests some serious exploration success. Not impossible, but a bit optimistic?

[mattjos] 31/1/2017 22:28

Long term silver chart certainly seems to suggest a move towards $23 is in the offing.Copper seems keen to break $6,000Gold also looks to me like it should regain $1,300Might struggle to keep this down here for much longer if Gold does break out beyond $1,200 in the next couple of weeks.

[mattjos] 31/1/2017 21:15

The investigators and the media are sharpening their knives for Fillon now in France ... if he acts as he said he would when formally investigated then, it increasingly looks like a shoe-in for Le Penn.Germany could be left in a diminishing EU club with Brussels, the dead weight of Greece, Portugal, bits of Spain & the cowed non-contributing eastern-bloc, who only really cuddle up to Europe on the basis that it affords them protection from Russia.Shortly we will find out (from February Fed minutes) whether the Fed is going to work with Trump or against him .... against him will likely lead to Trump attempting to unseat Yellen.Hardly surprising that Gold is seeing some renewed interest at this time. Markets seem to be sleepwalking at this still hugely elevated level on the main indeces.

[gutterhead] 31/1/2017 20:52

Jbravo
"Double the 2016 highs"
That would be 68p reached this year
I hope you are right

[hedgehog33] 31/1/2017 18:48

Looks like someone had some spare cash at 17 minutes past three yesterday afternoon.

[jbe81] 31/1/2017 18:20

Different story when independent buying returns, shouldnt't take much more of a rise in price of gold. Cracking buying opportunity for newcomers or existing holders with spare cash.

[jbravo2] 31/1/2017 18:18

They want your shares.
In the absence of any significant independent buying they can continue to drop the price to flush out the weak holders for the buyer.

That's what gives.




However there must be quite a few newer holders with higher averages than the current share price and at some point they'll be looking to average down. Then it'll bounce a bit.

Either way, remember this. Double the high of 2016 in 2017.

[deanroberthunt] 31/1/2017 17:54

Gold, Silver and Copper all well up......what gives here ?

[bumpa33] 31/1/2017 15:47

Mattjos - they're in touch with a buyer at the bid I'm told, don't know the size. If gold continues like this though they might just get caught out.

You're right though, watching the daily is oft counterproductive

[mattjos] 31/1/2017 15:01

don't think folk should get too sucked in by the day to day price ... Cantor are working this down and doing so with the absolute co-operation of the other market makers who simply dive down the Bid to try and encourage selling while Cantor appear to camp on the Offer.