Centamin Share Discussion Threads

[dt1010] 05/5/2019 08:42

You know...best place for money as been Nasdaq ... Shopify...up 103% since the start of the year alone....incredible...miners are a waste of time. Of course all those stocks have PE ratios in the hundreds lol but what does that matter when it just keeps pumping and pumping...

[borisjohnsonshair] 05/5/2019 07:29

Make it 2110 as Plat will be the magic 100 then.

[juju44] 04/5/2019 20:53

Or when . What about 2099

[dt1010] 04/5/2019 18:00

Simba.... debt upon debt...negative rates...rinse and repeat... QE to the mooo . Of course there will come a massive deflation/depression at some point....but US has a printing press as you know...so it can always pay the interest on its debt...it’s a modern madness.....and unchartered waters ... no one knows how it’s going to end....

[dt1010] 04/5/2019 17:57

In a 2011 Gallup poll, 34% of Americans said gold was the best long-term investment, while just 17% said stocks. Since then, stocks are up 171%. Gold is down 32%.

[plat hunter] 04/5/2019 13:56

Greed was the obvious cause, however incompetence permitted it.

[simba_] 04/5/2019 13:55

Doesn't incompetence imply lack of ability/awareness?. I would argue it was more greed, over optimism, selfishness. Not sure I would describe people who can dream up innovative and highly complex financial products and then bring them to market as incompetent.I dunno, for me that slightly lets them off the hook a bit?.The whole premise of the Big short was that they 'knew' all along they would be bailed.

[simba_] 04/5/2019 01:59

Global economy is definitely not storming ahead. Look at imf forecasts or world bank. Its slowing.Can you elaborate on how the GFC was the result of incompetence?. And if youre correct about that, why can't something similar happen again?

[haughtonhoney] 03/5/2019 21:06

If there is an economic collapse then I doubt very much that your SIPP, ISA, savings and investments - even if invested in gold-related stocks and shares - would be accessible or worth anything. So don't wish for it.

[rochdae] 03/5/2019 20:11

Global economy is storming ahead. I don't really believe in economic collapse. The 2008 economic mess was a result of incompetence.

Gold remains quite a good investment though because it's a measure of value that remains reasonably constant.

I think it's more important to invest in a good growing company than rely on future predictions of global collapse. You hear the same nonsense on the oil threads about shortages and end of days.

[simba_] 03/5/2019 20:03

DT, do you disagree completely with the idea that there will be an economic collapse that results in gold going higher?.Or is it just the timing that you disagree with?. ie, it wont be any time soon?

[juju44] 03/5/2019 19:18

Yep , who cares . They can keep going a lifetime

[ukgeorge] 03/5/2019 16:32

Nice finish to the week, a couple more pence and it might be a breakout... not holding my breath though.

[casual47] 03/5/2019 11:58

For two out of the last three years the shareprice was in free fall from q2 to q4. The exception being 2016 where the shareprice peaked in August.

Summer in general tends to be the doldrums for gold miners.

I think for CEY to beat the prevailing sector headwinds there will need to be rather spectacular results. Failing that maybe q4 this year or q1 next year could be the time for renewed enthusiasm.

[yorgi] 03/5/2019 11:48

All very true I would say George.

[ukgeorge] 03/5/2019 11:32

Yes a bit concerning the gold price hasn't also been helping the last week.

The 50 dma is currently 91.9p I am hopeful that the share price can get back over that and then we can get back into an uptrend.

Fingers crossed in a year we will all be kicking our selves for not loading up at these levels.

[crossing_the_rubicon] 03/5/2019 11:16

Gold's time is coming...

5 Reason To Worry About The Imminent Economic Collapse And The $22 Trillion Dollar Darkness Of Debt

[yorgi] 03/5/2019 09:13

After a fall which I would have thought was well overdone the share price seems very reluctant to make much headway in moving back up.

[kennyp52] 03/5/2019 09:06

Flat market , cheap looking SP’s. Crystal ball 🔮 sees CEY moving up , breaks 92p then straight on to 97p . 2nd quarter results showing continued production improvement moving the share price on to 118p . Thereafter is a bit cloudy .. if CARLSBERG did predictions ...

[trader365] 02/5/2019 20:32

Blood bath out there today

....sell in May and go away!

[spacedust] 02/5/2019 20:14

What is DTL?