Centamin Share Discussion Threads

[mr genel energy] 15/12/2016 15:51

follow the trend downwards..

gold going to 1050?1100

me thinks

[breaktwister] 15/12/2016 15:16

This is one of the worst miners hit, I dont fully understand why as our cost base is certainly not one of the highest?

[hectorp] 15/12/2016 15:15

nm ps it for say 3 months now with the rate rises and much can and will occur between now and the spring.

[davidtil] 15/12/2016 14:34

Who let the dog's out ?

Woof woof

[joy division still] 15/12/2016 14:09

Wow F$%k,,,, somethings happened as a long term holder, i'm tempted to pick up some more.

[juju44] 15/12/2016 13:58

Time for a decent bounce. Small long on

[sg31] 15/12/2016 12:23

I wouldn't bet on it with Trump in the White House. A crisis or two and gold could go up.

[juju44] 15/12/2016 11:50

I have a sneaky that we are going to close that gap . If it does I will add

[saget] 15/12/2016 11:39

Looks like the gold bear market has resumed...

[sg31] 15/12/2016 11:33

It might be 3 in each of the next 3 years.


On Wednesday, the Fed raised the range of its main policy rate to between 0.50% and 0.75% and signalled that more interest rate increases were on the cards for next year than it had at the meeting in September. Rate-setters in Washington DC were unanimous in their decision to tighten policy.

According to the newly-submitted 'dot-plot' graphs of interest rates projections from the Federal Reserve's board members and regional Fed presidents, the median expectation is for three quarter-point interest rate hikes in the following year, up from two previously.

A further three hikes were projected in 2018, followed by another three in 2019

[azalea] 15/12/2016 11:14

Financial pundits are forecasting 2 further rises in US rates in 2017.

[juju44] 15/12/2016 09:21

We left a gap at 110 last June . Surely we couldnt ....could we ??????????

[hectorp] 14/12/2016 17:58

Fed will raise rates, has a great analogy, or pictorial metaphor, it is " the boy who cried wolf".

I think yes they shall do, they cannot NOT now. They cried wolf several times.
Every time, the gold price fell.
So when they DO raise rates, it should relieve gold from that awful set of lies.

CEY - noted chip - very good insurance against sterling weakness... as has been metal though a bit of a drift this past month. But nothing serious.

The New Year... should be positive for gold, so a small rise into the $1200's would perk up the miners and CEY . Then there is the floating of the egyptian pound v the Dollar, that has to be good for CEY and insure to an extent the rise in the oil price. ( I don't know how that works though in Egypt, it wont cost CEY $54 a barrel).
H

[mattboxy] 14/12/2016 17:57

I'm still watching, waiting anticipating! Need some good gold action. When are the next figures due?

[sparkey_two] 13/12/2016 21:11

Did everyone get on a bus to another party? Never seen the thread so quiet! Admittedly not a lot going on but will be interesting to see how gold reacts to the FED decision. Suspect they will raise rates to demonstrate independence from Trump...

[davidtil] 13/12/2016 11:27

Love bellydancing too !

[sawadee3] 12/12/2016 12:57

As much as bellydancers Mr Til? :-)

HGM putting on another impressive show today :-)

[davidtil] 12/12/2016 08:18

Love the Titanic !

[sawadee3] 09/12/2016 10:20

Leo's been our mascot for a while now, i'm convinced he's brought our good luck. Although our top poster, Rebs, has said in the past it makes him think of the Titanic! :-)

Good luck Karlos :-)

[karlos885] 08/12/2016 20:16

Hi Sawadee. Thats a fair call, i think the oil rise will fully get back on track just before trump gets his Trophy status. I think long term more profit here, but i think oil offers the greatest prospects in the near term and will be used as the perfect excuse to increase interest rates in which case we will see the pm's get another absolute hammering, how soon that will be i don't know but clearly the tide has turned, and it seems the only time gold look bullish at the moment is near the time when the fed meet!

Cheers to Leonardo! great all round guy!