Anglo Asian Mining Share Discussion Threads

[2sporrans] 24/12/2018 08:19

Yes Jeanesy

And POG continues to rise with headwind of a strong $ still blowing.


Contemplate this:



So, there has been a strong $ the past 4+1/2 years.
If $ had traded to parity v the basket of other currencies as represented by
blue line in the POG chart, then we'd be looking at $1,500-oz gold spot, now; all else remaining the same.

of course, all else would not have remained the same.
yet, there's a v strong case to argue that a $1500-oz POG would have been comfortably surpassed, simply as POG does better in a weak[er] $ environment.

So, wherefore the POG come a $ reversal; something market analysts and economists broadly anticipate, quite likely this year?

[jbravo2] 24/12/2018 08:15

:D

Jeanesy! What's happened to you?!
Happy Christmas

[graylyn1] 24/12/2018 08:14

"Merry Christmas" to all and the best thread on ADVFN. 2019 looks like it's going to be a VERY turbulent year, where else would you place your funds in these uncertain times AAZ is just coming of age in my humble opinion and offers massive potential upside. When gold breaches the old high (not if) what price will AAZ be? Nice.

[jeanesy] 24/12/2018 08:11

I see the selling first thing is relentless - lol :) !!

[bumpa33] 24/12/2018 07:52

it is all over for FRR.

One of the worst frauds i've ever seen on AIM, and that's saying something.

[jeanesy] 24/12/2018 07:47

Nice to see POG above 1260

[muddy_40] 24/12/2018 07:39

Bumba33, it looks all over for FRR, that is the shares suspended. Quite a mess there.

[mr roper] 24/12/2018 07:03

Looks like the start of th journey here not the end, however, every is entitled to cash out when they want and a profit is a profit...

[oakey1] 23/12/2018 22:12

I would probably top slice at about £1.40 just so I get all my money back plus a good profit but my holdings won't affect the price as I don't have the money you guys do...I will post when I sell any

[oakey1] 23/12/2018 21:57

Hello again...I too am a Midas buyer....but even though I could do with the money I am holding....the only reason I am holding is because of this board....I find you guys honest and you don't ramp or deramp as I have found on lots of other investment boards you seem to be just being honest talking...I may be wrong but I will hold

[celeritas] 23/12/2018 20:03

Hi nurdin, nice to see you are now holding here. Loads going on here with plenty of news to come in the 1st qtr. Should be a great 2019.

[jeanesy] 23/12/2018 19:11

With DOW in turmoil again on friday there maybe some cheapies Matt but i have my doubts.

[jbravo2] 23/12/2018 18:04

There will always be someone selling.
Up to now they’ve always been wrong. This year more than ever.
We’re nailed on to be one of the top performing shares this year.

Next year production goes up again and we start to see the first results of the exploration.
Next year will also see a stellar performance on the share, underlined by two dividend payments.
The sellers will regret their decisions again.

Anyone who reads this thread and has seen the videos understands the potential.

However at this time of the year let us send our heartfelt wishes for a brighter 2019 to all those on THE list. Heading that list is good ol resourceful who was wrong to the tune of over £800,000

Ouch.

[wimbled] 23/12/2018 17:05

And there's me thinking of selling half when they get to £2. Lol.

I think the majority of midas holders have long gone.

[mattjos] 23/12/2018 16:22

with luck, some more cheapies :-)

[nurdin] 23/12/2018 15:57

The article is however quite positive in its overall tone but advises followers to sell half due to the historic volatility of the share price.Countering that,there have been quite a few positive articles this weekend on the attractions of gold in the current uncertain geopolitical climate,with the indication that POG could break away from its recent range.Will be interesting to see what tomorrow brings.

[crazycoops] 23/12/2018 15:49

It also makes it rather disingenuous for Midas to claim their tip has doubled - I doubt any of their readers were able to buy that Monday at the price quoted in the tip column. I agree mf, I doubt there will much affect on the price but if there is, I think there will be a few here buying, me included.

[mad foetus] 23/12/2018 15:42

The one thing that AAZ got wrong this year was releasing positive news the Monday after the Midas tip, so we could not see how many people actually acted on the tip alone. I suspect the answer is not many, and even fewer will be selling on their advice on Christmas Eve.

[ntv] 23/12/2018 15:31

maybe some cheap shares monday:-))

[indyanna] 23/12/2018 15:18

Nurdin, the 60p was my third buy, got in originally at 50.4 and been buying ever since now have over 55k

[gutterhead] 23/12/2018 14:50

Indyanna
Welcome aboard and good decision ref Lloyd’s reinvestment. All the so called tipsters have been saying Lloyd’s is a buy for last 5 years!
I bought four years ago and continue to add as still see best value here
Good luck
GH

[bumpa33] 23/12/2018 14:19

Even Midas can occasionally pick a winner - maybe a bit unfair!

Looking pretty secure chart wise with RSI turning up and MACD looking like it's trying to turn positive. More volume should make/help the picture, but i guess the new year will bring that.