nice bit of churn today,, AAZ share price is making progress :-)
Wishing all a fine evening :-)
Cheers
Wan:-) |
Oh please don’t try to explain spreads to cinoib.
He’s challenged. Let him take his £500 elsewhere.
His investing record suggests we don’t want him here. Something of a jonah… with apologies to jonah :D |
Cinoib - this is AIM however once we get some action the spread will come down. |
Extraordinary daily price moves in Gold & Silver.
Something is afoot & I'm not at all convinced the mianstream coverage has it right.
Some of the more recognisable online commentators such as Peter Schiff, Egon von Greyerz, Andrew Macguire etc etc have long been forcasting the like and long been ignored and dismissed but they may yet be proven right.
China now 'back in the market' so to speak after Chinese New Year |
free stock charts from uk.advfn.com
free stock charts from uk.advfn.com
free stock charts from uk.advfn.com
free stock charts from uk.advfn.com
free stock charts from uk.advfn.com |
SCZ in Toronto seem to be more reflective of Silver price action since January |
FRES above 800p (+5% today). |
someuwin
Re GGP Now Market cap of £1.2 billion....sure they could be over 300k per year producer |
Goldrush, not with a 10% spread they won't I see stock of £100 and still only 2p spread and not much traded in either. |
Have given FRG a mention here a few times . hxxps://x.com/voxmarkets/status/1888947907673337975?s=46&;t=Wsd6mm6ffBWTChCL5V0Oiw
Frg gets a mention around 55.20 here , well worth a listen |
Unless the daily volume increases 5 to 10 fold this is going to drag on a while. |
Encouraged the sellers out at 115 and 114 this time. Only 20k.
Having to go higher than last week though. |
$3k by the end of this week, but AAZ will still be the same price! lol |
thanx Zd,,, I have corrected :-) LOL :-),,, doh! |
"please do correct me if I am wrong"
562m, not b |
Nothing available at EML |
free stock charts from uk.advfn.com
free stock charts from uk.advfn.com
So,,, we have 400,000 oz of Gold in the portfolio....
(Today Gold at $2905/oz) - (Sept 2019 Gold at $1500/oz) = An increase of $1405/oz
so, 400,000 x $1405/oz = $562M increase in value!!!
(AAZ share price today at 112p) - (AAZ share price in Sept 2019 at 170p) = -58p (decrease)
or
MCAP today at 131M - MCAP in Sept 2019 at ((131/112)*170 = 199M) = -68M (decrease)
if my maths is correct,,,, please do correct me if I am wrong LOL LOL
so,,, here we are with an increase of in the ground value of $562M (just for the gold alone) and a decrease in our MCAP of $68M....
um,,, doesn't sound right to me :-) LOL :-)
and that's before we talk about copper LOL.........
what on earth am I missing that those selling now are seeing!!!!???
Cheers
Wan :-) |
Another Gold producer that is moving up is Greatland Gold GGP.
Canaccord's recently upgraded target price to 19p. |
A gold re-valuation would be good for Russia more than anyone.
In Gold we Trust (Ronnie Stoeferle). |
free stock charts from uk.advfn.com
speaking of food, this now looks like my heartbeat trace when I saw the price of a Turkey at Christmas this year!!!
hoooowww muuuch!!!! |
:-) I see, first thing that came to mind was a lettuce jb2 :-) LOL :-) |
Hargreaves and AJ Bell reporting Retail investors flocking into Gilts with a 4-Year high in purchases during January.
No doubt the Budget tax changes are altering investor behaviour (as no doubt was cynically intended).
Not convinced this is all together a sensible decision but will help mask the fact that overseas buyers have been shying away from Gilts.
Investors and pension funds are being herded into UK Govt. Debt |
jb2
Thanks for that info.
It's that stage in the market where there are a few stale shareholders who have a FOMO (for some riskier punts) because a lot of gold and copper miners/explorers are catching a bid due to the metals prices going higher....and we are not moving....YET 😀😀 |
Guys'let the seller have their fun. Our day is not far off now IMO. The Gold price chasing $3K and we have a seller/sellers !!
How are they going feel in a few weeks ??
No worries here. Enjoy the ride 😀. |
Well JB, I used the last bits of money behind the sofa and used it last week. No more left to buy anymore 😭. |
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