Fresnillo Share Discussion Threads

[arja] 08/2/2017 15:00

started to recover but stalled on a bad day for pM stocks !

[jimbowen30] 08/2/2017 14:31

I attended the Mines and money conference in December and listened to the Grant Williams presentation. It's very insight and would highly recommend everyone listens to it. Williams talks about the reaction to Donald Trump's election and joins a series of dots that may lead to the end of the petrodollar system and a new place for gold in the global monetary system. It's a must listen imo.

[topicel] 08/2/2017 14:25

Obviously. Silver soon at $18 and the price last year here was higher at the equivalent stages...

Topicel

[emeraldzebra] 08/2/2017 14:23

a small setback today - buying opp !

[ifthecapfits] 07/2/2017 16:15

Fly my pretties fly.

[dt1010] 07/2/2017 16:14

Massive doji

Here's to £18

[emeraldzebra] 07/2/2017 15:10

well just a mild amount of rather acrimonious commentary from the Chinese toward the Donald. Certainly a trade war could flare up unless some entrenched attitudes change on either side. Situ looks pretty nasty/hostile to me. See today's 'Times'.

[topicel] 07/2/2017 15:04

So what is new in the South China Sea Ez? No need for inflaming our price without reason...

Topicel

[emeraldzebra] 07/2/2017 14:30

too right....i think this is possibly the main factor here at the moment.

[dt1010] 07/2/2017 14:28

Good bit of fear and loathing (China and trump) never was bad for PMs ....

[emeraldzebra] 07/2/2017 13:45

-----things might be hotting up in the south China sea ! Good for precious metals if we don't all get blown away to kingdom come first....

[goldenshare888] 06/2/2017 17:38

Could be very soon DT!

:))

[dt1010] 06/2/2017 16:06

Either way we'll see $21 for silver this year.

£18 on the cards when this breaks £15.

[emeraldzebra] 06/2/2017 10:00

-- i think we might reasonably expect to see a further nice push upward, when he starts signing executive orders to ''bomb ISIS back to the stone age'' - as per his campaign promise !

[topicel] 06/2/2017 09:55

Got it in one emeraldzebra!

I love it when he opens his gob or tweets, apart from the entertainment value it usually results in PMs gaining and dollar weakening.

Which, by and large, is exactly what he intends...

Topicel

[emeraldzebra] 06/2/2017 09:21

and the non-technical too ! In other words - the 'wilder' Trump's behaviour, the stronger the flight to precious metals, i would guess......?

[saturn5] 03/2/2017 17:00

I am telling you that

Many technical indicators are saying

BUY BUY BUY

[saturn5] 28/1/2017 11:49

will make at least £1 profit very soon

[topicel] 28/1/2017 10:26

He'll devalue, or try to, if he must.

Topicel

[bookbroker] 27/1/2017 17:31

Cheap as chips this, purely on the fact that this global fraud is in the last throws, either we are way behind the curve or the economies of the world are just ticking baling nicely, but then I tend to think that the monstrous build-up in debt over the last few years is completely unsustainable, and the time is here, Trump does not need to re-inflate the US economy, it's already upon us, and he most certainly cannot afford to embark on his policy of tax cuts and higher spending, US State already up to its knackers in debt!

[dt1010] 27/1/2017 11:56

On a fundamental level given earnings per share and historic cheapness of the metals a lot of the sector is priced like this. Nothing unusual.

[topicel] 27/1/2017 09:46

But allowing for the proper adjustment to the silver and gold prices?

There are plenty of well-informed players who are very aware of the likely moves to some form of gold-backed Treasury Note and once we have a more genuine valuation for gold and silver then the P/E will look extremely healthy!

IMHO

Topicel

[marvelman] 27/1/2017 08:33

Appreciate your response DT...it does seem rather expensive even allowing for the expected increase in production.