Centamin Share Discussion Threads

[redbaron10] 15/8/2020 06:42

So Mr Warren Buffet buys into Barrick Gold I see.One of the World's most successful investors and influential ones,now regards a gold miner important to Berkshire's portfolio.Says it all really.

[azalea] 14/8/2020 21:45

Listen to Andrew Maguire talking on You Tube 6/8/2020 'There's a run on Comex Gold,Silver and are the shorts finally about to get overrun.
He says,given the large amount of silver that might stand for delivery this September, its possible that we could be nearing the end of the paper manipulation scheme that already appears to be on the ropes and has some significant hurdles in the months ahead.

It's a bit technical for the likes of myself, but I think I get the general drift of what he's saying with regards to where the price of gold and silver is heading in the next few months.

[plat hunter] 14/8/2020 14:51

Good advice, it's always he last thing people look at generally and the first to go

[martinfrench] 14/8/2020 14:09

that was a fairly big price jump, seller finished ? went from 200.2 to 201.6 !!

[stevedaytrader] 14/8/2020 13:46

Yes- immediate info was a below expectations, but improved as it rolled out- so hence muted impact. More things out later today from USA...

[martinfrench] 14/8/2020 13:37

fairly decent retail numbers, but as yet no real bounce back to norms

[stevedaytrader] 14/8/2020 13:31

USA retail data sales for July imminent. No
move on stimulus yet, somewhere between 1 and 3 trillion. Likely to be from
Sept sometime, but no one knows exactly when or, as always, how much is priced in to the markets...

[plat hunter] 14/8/2020 13:00

VIX is comfortably in a downtrend by the looks of it, well at least to me anyway.

[arja] 14/8/2020 12:58

azelea,
this is not a MM type stock I think as not an AIM stock . Of course not all trades are
the SET ones and there RSPs giving prices and on level 2 I sometimes get between the spread on less liquid stocks

[azalea] 14/8/2020 12:43

Umat--
After recently starting to track the relationship between the p.o.g. and CEY share price I have come to the conclusion that the MM are operating a system that automatically adjust the share price according to the p.o.g.,which traders/investors can rarely if ever, beat

This is definitely a game of patience, waiting for the second stimulus package to be finally ratified and pile on 1-3 trillion more dollars onto the F.R. balance sheet, resulting in the value of the dollar resuming its downward course and the p.o.g. to travel in the opposite direction. It is quite possible that if the forecast of 228,000 deaths being reached by 1/12/20 based on 95% of Americans wearing a mask, and 295,000 deaths if only 50% wear a mask, we could see a third stimulus package in Q1 2021.

[martinfrench] 14/8/2020 08:54

strange use of an inverted triangle ( i guess they are using egyptian symbols) on one page, above "resource", could give the impression its lower, which with mining it prob is but thats not the point!

[arja] 14/8/2020 08:34

maybe proit taking in gold and silver today and it is a friday

[oilforex] 14/8/2020 08:17

Ok. Got it from a different browser.

[oilforex] 14/8/2020 08:14

Doesn't work at all for me. Neither from typing in address, search or weblinks.

[stevedaytrader] 14/8/2020 07:57

Oilforex, had a quick look at homepage, they need the USD gold price to be "live", simple fix.

[stevedaytrader] 14/8/2020 07:55

Lol Phillis- shame gold price didn't keep going but ok.
As I keep saying Azalea, it's not that simple, gold rises with indices too, not sure why you keep ignoring this, just look at the last few months, and it bombed when the main indices did earlier this year. Sometimes with high indices gold rises as a hedge, then it's a run to the hills to liquidate like the March panic. Stimulus keeps pumping in money. My main pension, which I don't manage, was 29% down at the worse in March20 from it's highest point in Jan/Feb and no only 2.6% down and is 95% equity based split globally. Gold has risen about 28% since the March drop...

[oilforex] 14/8/2020 07:52

Would be an even better RNS if the website was working!

[phillis] 14/8/2020 07:35

Wow
A blockbuster of an RNS!

[martinfrench] 14/8/2020 07:15

You'll be right one day Azalea, just keep it up every day.

Never seen an RNs about a new website....better be good