Centamin Share Discussion Threads

[dt1010] 07/3/2019 07:50

If $860 or sub $1000 or $5000 comes to pass you won’t be call those prices extreme. You’ll just know that’s where the market took the value of the USD.

[borisjohnsonshair] 07/3/2019 07:03

Yeah but extreme views to be ignored. That stupid report $800 and your prediction of $5000. Let's hope Goldman have got it right or can make it happen - $1450

[dt1010] 07/3/2019 06:37

We all need to consider bullish and bearish analysis of the pm sector. You can close your eyes to the bearish picture but that doesn’t make it wrong. Fact is, yes we all want gold to rise and perhaps it will and yes we all want CEy to recover our losses for us but there are no guarantees. You might call being open minded ‘mixed up’ but I think you’ll find it’s called being objective rather than sticking your head in the sand and only listening to the bullish argument. I remain positive about gold but I am also cautious. Trump will do anything he can to keep risk-on going.

[borisjohnsonshair] 07/3/2019 03:24

Agreed. A mixed up fella

[kennyp52] 06/3/2019 23:27

Ok DT1010 .. I understand and this is why many of my posts relay caution . It really is a toss of a coin at the moment . I do hope this share recovers for all those that have been misled by the board of CEY .

[dt1010] 06/3/2019 21:40

Bocase. If I was a betting man, I’m afraid to say, knowing how Wall St shafts gold investors, how the government wants a strong dollar (but not too strong), I cant see how non farms will be good for gold. The numbers are all BS. And it’s a travesty how the whole PM sector lays waste to those numbers, those lies. Can’t see the next set of numbers being good for PM bulls. Just my opinion, which I hasten to add means absolutely nothing.

[dt1010] 06/3/2019 21:14

I look at all research kenny. Good and bad. Bearish and bullish. I am on the bull side. I have to be. I am hugely under water here. But some of the bearish stuff concerns me. That’s all.

[bocase] 06/3/2019 21:00

I think gold is looking for direction at the moment and non-farm payrolls at 13.30 GMT Friday will give us a direction, at least for a while.

[redhammy] 06/3/2019 20:53

I'm sure Gordon Brown had access to some "expert" opinions when he sold off Britain's gold at it's lowest price. Nobody has any idea, so do what you think is right and don't blame anyone but yourself if you get it wrong.

[kennyp52] 06/3/2019 20:53

So DT1010 ... from posts of maximum optimism with POG definitely rising to $2000 and on to $5000 . That this stock will rise and rise , 100p in no time etc. etc. ... you appear to be warning that precious metals and miners are going to crash to levels that will be devastating. I think you need to explain yourself ? Or is it that you sold today at 95p and seek a new lower entry level? I am bewildered

[spacedust] 06/3/2019 20:49

Do the opposite of What makes sense. Do opposite what articles are saying. Follow the three main city gangsters

[dt1010] 06/3/2019 20:38

It really will be interesting to see what happens next for gold. Frankly with so many conflicting opinions from so many different so called expert analysts from all over the word it’s a wonder anyone can make money from the sector.

[spacedust] 06/3/2019 20:06

When ever these type of articles keep floating about that's exactly when I buy gold stocks. Calculated timing of these articles....rhis means gold will rise

[bocase] 06/3/2019 20:00

DT: Sorry I was referring to the gold-eagle article.

[dt1010] 06/3/2019 19:28

This is an interesting article that’s only stating fact:



Subscription is not free by the way. Go into their website. It’s damn expensive!

[dt1010] 06/3/2019 18:31

Er...... go straight to the summary at the end of this article:

Summary

Summing up, it’s almost certain that the next big move lower has already begun and that the 2013-like slide is in its early stage. Based on the updated version of the 2013-now link, the implications are even more bearish than we had initially assumed. The downside target for gold remains intact ($890), but it seems that the price moves in silver and mining stocks will take them even lower than we had originally thought. A move below $9 in silver, and a move to or below 80 in case of the HUI Index (perhaps much lower on a very temporary basis) are not out of the question.

In other words, the precious metals market is likely to erase everything that it had gained in the last several days, weeks, and months, and then decline much more before THE bottom is in.

Even if the USD Index fails to rally here and consolidates some more, we don’t expect any significant strength in the precious metals sector. We may see some brief relief, but anything more than short-term hints at strength is very unlikely.


That paints a distressing picture for anyone (cough including me) holding gold mining stocks. Those guys have a good track record of calling the market right too. Could it be true? Are we just at the very start of a huge DECLINE in gold and PM mining stocks??

[plat hunter] 06/3/2019 16:50

Order book suggests a pull back tomorrow

[kennyp52] 06/3/2019 16:38

Oops spacedust no 96p finish . Back to 92 tomorrow IMO .

[spacedust] 06/3/2019 15:08

96p finish perhaps....cinque your 88p buy was very well timed.

[edjge2] 06/3/2019 14:53

That is why the banks want in bigtime on this pullback.

[dt1010] 06/3/2019 13:50

Yes it will rise and rise when news come that all is not lost lol

[spacedust] 06/3/2019 13:40

Nothing can stop this going to triple figures .....absence of news assuming

Just like nothing stopped it tanking from 136p to 90p