Centamin Share Discussion Threads

[sawadee3] 08/12/2016 09:15

karlos, i agree! I'm no oil bear. I just believe the rally is over for now and it was time to take profit. You will be able to buy your shares back cheaper soon :-)

Meanwhile, Centamin are powering ahead from the 125p low :-)

Loaded up and looking forward to a nice recovery :-)

[karlos885] 07/12/2016 21:53

why is oil going to go down? You only have to look at the hit the gold price has taken to realise why oil is potentially a better short to medium term investment.

[sawadee3] 07/12/2016 15:06

You should be making it already :-)

Good move selling Oilies after the recent rally, bad move selling SGC imho.

[arab3] 07/12/2016 15:00

just sold all my oilers and sgc and bought the miners
how long before i make money ?

[sawadee3] 07/12/2016 14:53

Take a look at RRS, HGM, FRES, CEY if you want to make the money arab3 ;-)

[arab3] 07/12/2016 14:46

he will be gone soon
again !

[sawadee3] 07/12/2016 14:44

Happy days chaps :-)




He's back :-)

[sawadee3] 07/12/2016 09:25

Looking forward to a nice recovery here :-)

Who would have thought we could have bought at 126p again !!

Happy days chaps :-)

[juju44] 06/12/2016 10:56

Popped below 200dma which is not good but techs still supportive of a move north. Guess it will depend on where the Crime machine has decided to put gold

[ny boy] 06/12/2016 08:37

Gold is far from a bottom, wait for around $950/1000

[juju44] 05/12/2016 16:03

or maybe 20 years

[ukgeorge] 05/12/2016 15:21

Yes, but this may take 5 years to play out short term looks like continued dollar strength, and as like the last three years gold looks as though it will drop into the year end.

[chipperfrd] 02/12/2016 10:05

davidtil,

When do you EVER hear of any mainstream comment that is POSITIVE for gold?

The underlying reality is that multiple central banks have been printing zero cost currency without any restraint. And most of that massive increase in currency since 2008 still circulates within the financial system causing high inflation of financial assets. Very little has leaked into their real economies, keeping price inflation for real stuff artificially low - for now!

But all this massive amount of new paper currency (actually mainly computer digits) is what is supposedly compared to gold and silver which are both rare and have cost real labour and capital expenditure to find, mine and process. So there is absolutely NO comparison!

If the paper futures and forwards markets did not exist to control the price over the last generation, who knows what the real price would be?

The world has reached peak debt and the rigged financial system is rapidly approaching the end game irrespective of what the establishment narrative may say.

Common sense and the natural order of market economies will finally exert themselves at some point, at which time all real world goods will have to find some measure of real price. And chief among them will be the PMs.
Chip

[2willfor] 02/12/2016 09:34

Watch the 50% retracement at ca 1.20, might be bouncing of there

[juju44] 02/12/2016 09:29

I wouldnt bet on a rate rise . Tech position here remains primed for for recovery

[davidtil] 01/12/2016 09:43

U.S. interest rates looking to go up, which is bad for gold.

Trump factor will kick in next year, gold has got to be a good hedge in these uncertain times.

Gold near the bottom

[juju44] 29/11/2016 09:59

Clinging to that 200dma and indicators itching to lift off the bottom. I reckon it probably all hangs on gold now . If gold is allowed to go up CEY should move up quickly

[edjge2] 25/11/2016 13:34

JUJU thanks, too much to come but thought drop would be short lived so held.
That's what thought did. Hell of a perofit I missed. Worm will turn when it is ready. 1080 looks like another long term support if inverse H&S. One dodgy stat did it this week just shows what little is needed. Sentiment pretty negative so perhaps buying time soon. JNUG in the states, about 10x leverage on gold? Watch out for corrected stat as looks impossible.

[juju44] 25/11/2016 08:48

If 1180 proves to be the bottom in gold we should soon be back where we were in CEY.

Keep the faith

[edjge2] 25/11/2016 08:03

Joy have a look at this guy

yank aspects, 10pm or so can see his stuff for that day
Larry Edelson at

Gold may be forming an inverse head and shoulders, a chart signal that an imminent rise will occur.
Head and shoulders and triangles warn of big moves with high reliability. Traders look for them so probably why they are reliable!

[edjge2] 24/11/2016 18:48

joy noticed the durable goods stats yesterday were 10 times what had been recorded previously! Now that is an outlier. Expecting a corrective figure later but hell, ensured 1200 got busted. Gov stats here have benn bloopers ocassionally but usually prevented publication as system spots as outliers or corrected quite rapidly. Just wonder if there is a bit of hocus pokus going on.
Plenty to boot gold up like magicians predicting 1080 and its bull market. Rate rise a certainty so may not happen. Clinton's rent a mob will cause some civil/economic strife.
hxxp://www.globalresearch.ca/post-election-chaos-trump-presidency-under-siege-guided-anarchy-and-the-purple-revolution/5558326

Have a look at Mike Adams publications on this. He is backing Trump as both haver a stake in natural medicine and health freedom. Here will become faascist in that repect as brexit removes natural anti drug influences from Poland, Germany, France. Us dollar being run to right now but gold should get some especially if Italy vote out after christmas.

DAESH need to get their finger out in th US so a big attack around Christmas would not surprise me.
As a bloke I'm discovering what painful periods are.

I am also sitting on paper losses and gold becoming more oversold every day.

[juju44] 24/11/2016 09:54

If she raises rates they are bust and Trumps big spend will be aborted - but then they are bust anyway

[hectorp] 24/11/2016 09:52

I can not now see Yellen backing down from " opinion" 95% of the market believes there will be a rate rise. The entire investment community will therefore be shocked if she did not, raise rates. She is in a corner and knows it.
Well lets get it behind us, then gold can move on partly because REAL rates will remain negative.
I hope indeed that gold floor is where we are, with the yanks on holiday, strange things can happen when the markets are open elsewhere.