Anglo Asian Mining Share Discussion Threads

[wanobi] 19/12/2018 08:38

Stop Losses - good point bwana, can they see them?
do they appear as orders on MM's systems?
how does that all work??
I will see what I can find on that...
Cheers
Wan

[wanobi] 19/12/2018 08:35

good morning all, things look to be winding down for the xmas break, feels very quiet out there, I could use a rest to be honest, sometimes its hard work to keep up with everything :-) cheers Wan

[callmebwana] 19/12/2018 08:35

Good morning all.
Yesterday I mentioned that FFX had taken a bit of a hit. We got a very good RNS at 16.30.It is back up this morning. I bet some stop loses were triggered yesterday.
I don't use stop lose as I think the MM's can see them.

I think the FED would raise interest rates by 1/4% today. They will make a statement that they will not raise any in 2019 unless they see inflation going up too high.
They may have left rates as they were but now can't be seen to back down because of pressure from Trump.He does more harm than good by his Tweets.

Oil..Watch PFC,yesterday there was a trading statement from them. Not bad, it gives a yield of 7%. The share price falls with the price of Oil.There is still investigation pending from the SFO.I think that is all priced in the share price. It used to trade over £10 before the SFO investigation started. I did very well out of it this year.in @ £4.30 out @ £6.50. NAI.

Gold price on the up. See how AAZ preforms today. I hope the big order has been filled and we start our march towards £1.
ATB.

[lefrene] 19/12/2018 05:25

Good to see gold nudging over the $1250 level, can't do AAZ any harm.

[2sporrans] 19/12/2018 00:12

fwliw, i'm expecting Fed to raise tomorrow [Weds.], though a few dissenters.
as Matt says, they don't like to do the unexpected; that gives the impression they aren't keeping abreast of the changing situation nor are their forecasts reliable.
[the donald hasn't helped either, pressuring for a total cessation of rate rises but the perception the fed didn't hold because of trump would be as damaging as they cut because of his pressure.]
the last thing the fed will want to do is to knock increasingly fragile confidence, just as econ. growth is slowing, notwithstanding the slowdown in USA is far less acute than in europe, japan and elsewhere.

1 rise and done for 2019 looks v. likely to me.
Fed continuing to let bonds they hold mature and not repurchase probably won't impact much upon the real economy as it's still flush with liquidity. however rate rises will; just it takes several months to over a year for all the impact to work through.
qt may well reduce demand for financial assets though, gold included.
but hopefully a stabilised, if not depreciating $ will outweigh this qt effect and contribute to a global net rising demand for and price of gold through 2019.

[wanobi] 18/12/2018 23:03

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Cheers
Wan

[wanobi] 18/12/2018 18:49

ORM - wish I knew how to find a similar chart for tungsten!!!!??? lol

Cheers Wan

[wanobi] 18/12/2018 18:48

AAZ _ gold looking good :-)


free stock charts from uk.advfn.com


lots of positive indicator trends about & broken out...

Cheers
Wan

[wanobi] 18/12/2018 18:42

TXP - Oil not looking too clever right now!!!


free stock charts from uk.advfn.com


lots of warning signs around and broken down now :-)

Cheers
Wan

[wanobi] 18/12/2018 18:16

lol...... :-)

[ntv] 18/12/2018 18:13

exactly, though I might have done to spite him just to see him turn purple instead of the savage orange colour !!

[wanobi] 18/12/2018 17:57

me too NTV, don't let trump get under your skin and raise to spite him!!!!! cheers Wan

[mr roper] 18/12/2018 17:49

He'll raise with a softer outlook for 2019

[ntv] 18/12/2018 17:25

I reckon he might leave rates as they are this month

[ntv] 18/12/2018 17:23

I reckon he will leave rates on hold this time

[wanobi] 18/12/2018 16:58

interesting mattjos, thanx...

and thanx again NTV

cheers Wan

[ntv] 18/12/2018 16:50

you can set up a demo a/c for free for a trial if you want
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[mattjos] 18/12/2018 16:50

fwiw, I use ADVFN L2 …. have done for 10 years. Arguably not necessary but, when you get familiar with a stock you also get familiar with which MM is dominant & their position on the book can be useful to know at times eg. When Bashirov was selling his AAZ stock, it was clear he used Cantor towards the end and I therefore bought when Cantor were camped on the Offer as buying from them did not tend to move the price.

[mattjos] 18/12/2018 16:46

tend to agree with you Terropol …. we've hung around here long enough now. Time to get a shifty on. Into the T20 window for Q4 update.

Raise rates and Powell will take us all one step closer to the abyss … the Fed unlikely to 'surprise' with a Hold decision so, I expect a very dovish raise and some additional commentary as to the wisdom of further rises next year and simultaneous QT … one or other needs to be turned down. I believe they will continue with QT and alter the dot plot downwards to 1 rate rise next year. That should mean he squeak through this time but, should give gold the legs to get over 1250

[wanobi] 18/12/2018 16:44

many thanx NTV, cheers Wan

[terropol] 18/12/2018 16:35

Now the question is, will those be over £1 tomorrow. Or will I get some below 90p then?
Both way is a win win situation, the holding goes up or just buy some more...
I am betting on a strong jump on Gold tomorrow.

[terropol] 18/12/2018 16:27

None available below 90p

[jbravo2] 18/12/2018 16:21

As good grief says, now we're on the grid for the plant we're far less exposed to the oil price.Of course the mining fleet still gets through a fair chunk but it's small beer compared to what the generators used to use

[ntv] 18/12/2018 15:59

think my level 2 is only a few quid a month but don't do much trading as still building
if you do a decent amount i think it is free with IG

[bo doodak] 18/12/2018 15:37

Must admit, though I enjoy reading a lot of ''expert'' stuff, the various prognostications invariably turn out to be incorrect nearly all of the time on the gold price going forward, just like anybody really can ''knows'' what the effect of brexit is going to be long term.

All that really matters is cost of production v sales price, and replacement/growth of reserves. On that, quite content.