Anglo Asian Mining Share Discussion Threads

[someuwin] 14/5/2020 20:49

Dentyl mouthwash is Venture Life Group's (VLG) biggest selling product.

Sales of Dentyl mouthwash unexpectedly rocketed in China in the last 6 months. And then on 27th April #VLG's Chinese distributor signs a massive new EUR168m agreement for Dentyl.

Now we find out that mouthwash might reduce the spread of Coronavirus.

Coincidence? or are the Chinese just ahead of the game here?

[stevea171] 14/5/2020 20:28

The Underlying Battle In The Gold Market
May 14

Alasdair Macleod: Gold has been trading in a narrowing range centred on $1700. The underlying battle was between some resolute speculators (hedge funds) and the bullion banks, who have been short all year. The daily chart below shows the classic month-old pennant formation that has resulted.

Gold Breaks Out – Set Tor Surge Another $250



Gold To Surge Toward $2,000
We all knew that when the break-out came, it would signal either speculators or the bullion banks would be crushed, and so did the parties involved. As it happens, it appears the speculators have won. Typically, breakouts from pennants are followed by a rapid move, mirroring the move in, telling us to expect a sharp rise in the gold price of up to $250.

Pennants are not infallible, but given the bullion banks were short before the coronavirus shutdowns in the US and Europe and all central banks’ subsequent promises to accelerate money-printing, the fundamentals appear to back a far higher gold price as well.

In the context of how markets generally are trying to adjust to the promise of monetary inflation, gold’s breakout should be regarded as a major indicator of adverse effects on currencies’ purchasing power in the coming months.

[brasso3] 14/5/2020 20:20

Yes looks like one to watch for a long tomorrow at sub 15p depending on how US markets do over night.

[riggerbeautz] 14/5/2020 20:14

Hopefully Brasso, offloading clear from the large volumes. Wait for it to clear could see a nice bounce.

[brasso3] 14/5/2020 20:04

AA chart looks horrific now. I think 14p/ 15p tomorrow is possible.

[brasso3] 14/5/2020 20:00

ORPH coverage from Proactive.

[riggerbeautz] 14/5/2020 19:08

Wan the little book of bull moves in bear markets by Schiff is a good one, but this weekend I’m going to re-read John Pipers book, as that was an excellent read at the time and a long time since I read the way to trade better.

[cinoib] 14/5/2020 18:08

Big turn round in the dow in last 2 hours 500 down to 14 up, hope it holds till close then we will get a boost in the morn,.

[jbravo2] 14/5/2020 17:53

I don’t know what gold price it’s going to take to send this to all time highs
Getting ridiculous now
We are making so much now
If the news is right this could blast past £2

[riggerbeautz] 14/5/2020 17:37

Ok Wan I’ll refresh my memory later

Busy adding to Victoria and a few more ELY, Victoria certainly off the runway.

[crazycoops] 14/5/2020 17:36

You're welcome bozzy, I haven't watched it myself yet - I tend to watch them at weekends. They have been doing a weekly series during the lockdown with some excellent investors - John Rosier (who holds and iirc, speaks of AAZ/gold miners), Leon Boros, Keith Ashworth-Lord, David Buik (macro commentator - can't believe gold is not yet over $2000) and Jamie @CompoundIncome whose surname eludes me. PI World is a great site generally with lots of company presentations.

[wanobi] 14/5/2020 17:24

TXP -

Cheers
Wan :-)

[wanobi] 14/5/2020 17:18

free stock charts from uk.advfn.com


Cheers
Wan :-)

[bozzy_s] 14/5/2020 17:17

35056 Crazycoops

Thanks for that link. I've learnt a fair bit. Until today I'd written off 'tree shakes' as conspiracy theories by day-traders / pump & dump merchants.

To hear that MMs do regularly try to shake out weak holders / traders was surprising to me.

[wanobi] 14/5/2020 16:42

Come on Cytiva,,,, speak up :-) LOL

Cheers
Wan :-)

[bumpa33] 14/5/2020 16:33

🧐 - changed mind on TILS, sold evens. Though up higher % still trading lower in the US, 78p equivalent. Might well be wrong on this one, but got my eye elsewhere...

[goodgrief] 14/5/2020 16:27

Nah, rather collect the dividend! Any pay my tax bill!

Must learn to live a little...

[wanobi] 14/5/2020 16:25

Rb, I need another 'The Little Book of XYZ' to read,,,, please advise, many thanx, cheers Wan :-)

[wanobi] 14/5/2020 16:23

I'm sure this game is a lot easier when it's someone else's money you play it with :-),,, Also sure I'm held back by my fear of losing all my capital,,,, really,, if I was as good as Soros, right now I'd be remortgaging the house and putting everything into AAZ :-),,,, hmmmm, now that's an idea Wan :-) LOL,,,,, Cheers Wan :-)

[mattjos] 14/5/2020 16:22

I do wonder if its same chap on the Cantor desk buying/selling AAZ shares at over £1 as when they were selling on behalf of Bashirov at under 5p per share. If so, bet he wishes he had been able to fill his boots back then

[mattjos] 14/5/2020 16:18

Cantor bidding 5p more than next MM & now at 6p higher on the Offer

[wanobi] 14/5/2020 16:14

or cash in and buy a Porsche KS :-) nice move GG,,, you deserve it :-) Cheers Wan :-)

[goodgrief] 14/5/2020 16:07

Mmm... put down a deposit for a Porsche Taycan!