Anglo Asian Mining Share Discussion Threads

[c0lin1] 08/1/2021 18:07

Im not sure what i did in a previous life to come back as a PM investor. Its bloody hard work

[riggerbeautz] 08/1/2021 18:01

Good blow off happening, there was plenty of retail exuberance to catch off guard. Rinse and repeat by those with very deep pockets I expect.

[wanobi] 08/1/2021 18:00

please occifer, let me in the pub,,, I need a pint :-) Cheers Wan :-)

[wanobi] 08/1/2021 17:56

not helping our DSV ODR :-) LOL,,, oh what a game :-) Cheers Wan :-)


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[king suarez] 08/1/2021 17:54

The highest line *please*

[wanobi] 08/1/2021 17:49

not Fibonacci, but Wanonacci :-) take your pick of support lines, cheers Wan :-) LOL


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[king suarez] 08/1/2021 17:45

$1,770 ish the next 'line in the sand' ?

[wanobi] 08/1/2021 17:40

if we break Dec20 lows KS, see chart above,,,, then it'll be interesting,,, but right now this is probably just noise,,, many will be hopping onto BTC from gold and end up regretting it I feel,,,, I could be wrong, we shall see :-) Cheers Wan :-)

[jeanesy] 08/1/2021 17:40

Who knows KS . I thought the POG would be pushing towards 2000 not the other way ?! Silver getting bashed too.

[king suarez] 08/1/2021 17:38

"It looks ugly if $1850 does not hold."

The water has broken on gold's $1,850 - where/what now?

[wanobi] 08/1/2021 17:31

Gold does have days like this :-) Cheers Wan :-)

thanx jeanesy :-)


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[jeanesy] 08/1/2021 17:26

You too WAN :)

[wanobi] 08/1/2021 17:09

once again, many thanx all for your contributions this week and what a week it has been :-), oh what a game I hear you all say LOL :-),,, looking forward to the podcast DP,,,, and now over to the comp results,,, as if we didn't all know which stocks have done the best LOL LOL,,,, over to you odsjp, cheers Wan:-)

wishing you all great weekends,,,, really great :-)

[brasso3] 08/1/2021 17:06

It looks ugly if $1850 does not hold.

[jeanesy] 08/1/2021 17:03

Why is the POG taking such a bashing. Now at 1850. I was not expecting that !!

[jbe81] 08/1/2021 16:59

Sbtx up circa 40 per cent since I mentioned it yesterday, and no signs of stopping

[riggerbeautz] 08/1/2021 16:54

Bought AAZ for first time this year on that late dip, I can wait.

[king suarez] 08/1/2021 16:50

yasX - yes, in jest/frustration..

[yasx] 08/1/2021 16:44

Brasso38 Jan '21 - 15:38 - 29448 of 29455
0 0 0
the BTC doubters will be proved incorrect I am afraid. $100k is certain IMO.

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I have no idea what the eventual high will be (lunacy on the part of backers never ceases to amaze me), but I will tell you this - eventually bitcoin will settle at zero. When I know not, but it will for reasons I have pointed out previously.

[yasx] 08/1/2021 16:40

King Suarez8 Jan '21 - 14:54 - 29436 of 29452
0 0 0
"CNBC's Cramer saying that BTC has replaced gold"

Wouldn't that be ironic/disappointing given we have waited 18 months or so watching the gold price soar, with no appreciation in the AAZ (and other miners) share price, only to have gold cease to be sought after as the long awaited positive news flow finally arrives - cruel world!

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I assume your comment is in jest. That bitcoin is a credible substitute for gold is absurd at best.

[donald pond] 08/1/2021 16:40

Peter Schiff will be having a heart attack

[donald pond] 08/1/2021 16:40

I've said it before but it bears repeating.
Jim Rogers once said the way he invests is that he waits until there is a pile of money sitting in the corner of the room, then goes and picks it up. I really think my best investments have been as simple as that. Not buying trends, or turnaround situations, or trying to anticipate the future. But just buying stocks where all of the information is there, the value is obvious, but people are looking elsewhere.
The only drawback, as Jim Rogers himself acknowledges, is that sometimes you can be early to the party. But he is also the only investor I am aware of who has never made a major mistake. Because he buys when value is extreme. At some point, it always gets recognised. I feel thats where AAZ is now, its money in the corner of the room.

[yasx] 08/1/2021 16:39

"CNBC's Cramer saying that BTC has replaced gold.."

Cramer always makes outrageous comments to induce a reaction....

[yasx] 08/1/2021 16:35

DP,

Indeed. I would be worried if there was a fundamental change in the business - in fact, there have been several - but (production aside), the changes have been favourable. So, there are even more reasons to buy and not one scintilla of evidence that suggests one ought to sell. That some are selling is merely of benefit to those who are buying the dips since they are accumulating cheaply when in reality they [buyers] should right now be paying the previous highs or more.

[donald pond] 08/1/2021 16:26

Aye yasX, one of my holdings, EML, has started to come good today, but it's been a very long wait. You buy when nobody is interested, and then, as soon as people get interested and it starts moving, its too late to buy.
The biggest advantage that we have as individual investors is the ability to chart our own course.