Anglo Asian Mining Share Discussion Threads

[qazwsxedc69] 22/10/2020 16:29

Looks like another week and no JORCS.

[mattjos] 22/10/2020 16:10

stockpiling valuable non-perishable commodities … even if China does not use them as Quasi-currency reserves, they will certainly use them in their infrastructure stimulus wave … surely better to have these metal in their reserves than potentially worthless fiat currency

[mattjos] 22/10/2020 16:04

Truth is, we none of really know how high Gold can go .. it is above the previous ATH & therefore 'free' to run much, much higher.

On a simple direct comparison of Gold Quantum to Fiat currency quantum, gold could & should be way, way, way higher even now. The price nowhere near reflects the events since 2009, let alone fiat currency creating in just 2020 alone … there is going to a tonne more fiat currency creation over the coming 12 months.

At some point (relatively very soon, imo) the reality of the truly awful mess the central banks have created is going to dawn on the majority of people across the entire world & when that happens, there is going to be unprecedented money flows into tangible items that are tradeable but not printable … that means commodities such as Gold, Silver, Copper. These are fully fungible across borders & will always have both demand and value.

I believe the recent uptick in commodities is just the start of this … China does not want to hold US$. Far better it adds these sort of commodities to its strategic reserves at low prices now, knowing full well that everyone else will be along shortly after same .. that demand seems far more reliable and durable than demand for US$

[gutterhead] 22/10/2020 16:02

Jim Rickards is full of outrageous predictions and changes like the wind.
One of his many predictions will be right one day....

[goodgrief] 22/10/2020 15:52

Him and Doug Casey are on the extreme end of the investment spectrum. Doug Casey is expecting Civil War.

[mattjos] 22/10/2020 15:37

Jim Rickards has $16,000 Gold price target in next 6 years …. I'll settle for $8,000

[mattjos] 22/10/2020 15:35

4th wave brief penetration 10% into top of Wave 1 is permissible

[goodgrief] 22/10/2020 15:32

Broke a 20 year old rule and bought a biotech. Will I rue the day?

[lhoskins] 22/10/2020 14:57

Wish I had traded the last spike with PXC. Didn't see that coming. Same with KEFI this morning. I'm sitting on my hands with those 2.

[riggerbeautz] 22/10/2020 13:50

PXC doing well for me too mf, managed to trade the last spike, so I’ll look to do the same on the next one without being greedy.

[mad foetus] 22/10/2020 12:27

IXI doing very well, that's a proper company too, huge runway ahead. Won't do 50% in a day but likely to compound for years imo.

[mad foetus] 22/10/2020 12:20

Lols, can't remember but think after 2 weeks in a row with PXC here I jumped to EML last week. Oh well, at least I kept all my PXC in real life!

[wanobi] 22/10/2020 11:37

yes, exactly that, although the wording could be better now I read it afresh :-) LOL Cheers Wan :-)

[king suarez] 22/10/2020 11:09

14) The level at which the size of your investment (risk) doesn't keep you awake at night :)

[katsy] 22/10/2020 10:51

From the header can anybody explain to me what this means exactly

14 - Always sell down your position to the sleeping level.

[the stigologist] 22/10/2020 10:27

DDDD

SPACs are basically US versions of Cash Shells

We all know what can happen to cash shells if they do a good RTO

In the US everyone wants in on the lastest hot shell/SPAC

I expect 4D to be an easy sell because of the Merck $MRK link

The VTIQ SPAC deal that Nikola NKLA used to list on NASDAQ is a classic example

[pogue] 22/10/2020 10:27

Fozzie
I have resisted as he has never crossed the line with me but have seen the stuff he writes elsewhere, time to increase the filter list by one.

[onedayrodders] 22/10/2020 10:14

I did warn u wan

[fozzie] 22/10/2020 10:11

Had him filtered for years. My filter list is over several pages now, pleased to note that Stig is the only one from it who has ever posted on this thread.

[pogue] 22/10/2020 09:56

yes very odd even odder as its a picks and shovels operation and CV19 is only a small part of the pie there. The big bits will be coming out in the next few weeks, there is the spinoff/sale of phase 3 ready universal flu vaccine that is non core and the announcement of who gets the agreement to use the hVIVO medical database for wearables, ie have your watch tell you if you have CV19 etc from your pulse etc. All the big lads are vying for that one Apple etc. Really amazed to be honest at this price action. Hey ho sit and wait with this one for me, throw spare cash at it every so often is the plan.

[chestnuts] 22/10/2020 09:48

Matt your chart on 40776

Advfn charts shows different from your chart ie the 4th wave down goes into the first wave so it cant be the 4th wave but can be a 4th wave of the 3rd wave and so the 3rd wave as not finished yet


free stock charts from uk.advfn.com

[fozzie] 22/10/2020 09:47

Very strange to see ORPH retracing back to 25p from 32p last week. These pharmas are extremely volatile and not for the faint hearted.

[wanobi] 22/10/2020 08:50

hmm, if this is true, then they can reach Baku range wise?



Cheers
Wan