Golden Prospect Precious... Share Discussion Threads

[papillon] 01/3/2024 11:24

Gold on the rise again this morning.

[papillon] 01/3/2024 08:42

"When Asked Whether His Firm Would Sell Its 193,000 BTC Stash, Saylor Said, 'Bitcoin Is The Exit Strategy'"

[papillon] 29/2/2024 22:12

"Warren Buffett Drops Investing Advice in Latest Shareholder Letter — 'I Can't Remember A Period Since March 11, 1942 ... That I Have Not Had A Majority Of My Net Worth In Equities'"

[papillon] 29/2/2024 16:10

One of the reasons why the Gold price is higher today.

[papillon] 29/2/2024 15:57

Gold price is rising, stevieweebie2

[stevieweebie2] 29/2/2024 09:21

GDX GDXJ testing long term support. lets see what occurs.

[papillon] 29/2/2024 00:47

free stock charts from uk.advfn.com


BTC Ichimoku chart has been Bullish since it was under $30k It's currently overbought according to the 14 day RSI

[papillon] 29/2/2024 00:44

free stock charts from uk.advfn.com

BTC chart is Still Strongly Bullish though it's currently overbought .

[papillon] 28/2/2024 15:39

Bitcoin (BTC) still on the rise. What will happen if and when it hits the all time high resistance level achieved in 2021? If only I could predict the future!
It hasn't got too far to go. My BTC chart went Strongly Bullish in 2023 when the price was under $25k. It's currently over $61k.
I posted a BTC chart 2 days ago on the HB thread if anyone cares to look.

[papillon] 28/2/2024 15:07

BTC still surging ahead. 2021 all time high is in it's sights.

[papillon] 28/2/2024 09:27

😂😂

[stevieweebie2] 28/2/2024 08:41

Pap
it will happen, the only question is will we live long enough to see it lol.

[papillon] 27/2/2024 18:20

"Stocks could see dismal returns for the next 12 years as the FOMO-fueled rally looks like it's nearing a peak, Wall Street legend says"

Be nice to see the GPM share price rising due to FOMO! 😁

[papillon] 27/2/2024 15:17

Gold going nowhere whilst BTC (Bitcoin) continues to rise 🥱.

[papillon] 26/2/2024 14:14

"Bullion dealer Egon von Greyerz of Von Greyerz Gold Switzerland is talking his own book but is one of those folks who is so bearish about the world you almost want to give up. He is concerned about the current state of the global economy, noting mounting national debts and potential for war as the two primary factors adding to the world’s chaos."

[papillon] 25/2/2024 19:09

"Gold ended the week at $2,035. Having survived the test of $2,000 the previous week, the metal is now trying the upper end of a diminishing trading range but I fear that the big yawn is set to continue for a while yet."

[papillon] 25/2/2024 10:02

An interesting article. Yet another bubble?

[papillon] 24/2/2024 20:37

I wonder if he will be proved right?

[papillon] 23/2/2024 22:34

👍 many thanks for your post 2832, atlantic57. The charts the video shows are very interesting. Let's hope Jordan is correct. Even if it happens I'll be 85 in 2030 so 🤞 I'll still be around to see it. 🙏

[atlantic57] 23/2/2024 18:23

Rejoice Pap jordan has just stated that Gold will hit 10000 dollars by 2030😀㈳2;

[papillon] 23/2/2024 18:11

"Central banks are turning to gold as they lose faith in bonds"

[atlantic57] 23/2/2024 16:55

Since Gold's peak in August 2020, the stock market has recovered after two downturns and made two new highs.

It has again surged to an all-time high while Gold struggles to breakout. It's maddening because Gold in a vacuum looks beautiful technically.

And even in the last six months Gold came very close to confirming a new secular bull market (as you can see in this video).

Most observers and analysts do not appear to understand secular trends and the nature of Gold bull markets.

The bull market has not even started yet but when it does, Gold will move quickly on a trajectory well past $10,000/oz.



More from Jordan

[papillon] 22/2/2024 21:36

"An under-the-radar recession indicator in the bond market is sounding the alarm for a hard landing"

[papillon] 22/2/2024 12:58

The largest Gold nugget ever found was discovered in 1869 and weighed 72 kilos. It was sold for £10k. It was broken up to get it on the scales to weigh it and would be worth £2m today. That's an increase of 200 times. Would it have been worth £3m next year? 🤞

[papillon] 21/2/2024 17:31

free stock charts from uk.advfn.com


As you can see, seagreen, from this log chart comparing the share price performance of GPM vs Gold from mid 2015 to the end of 2018 and from the start of 2021 to the current day whilst the Gold price went sideways during these 2 periods the GPM share price plummeted. In fact history shows us that the GPM share price plummets when the Gold price falls, or goes sideways. Only when the Gold price rises and rises relatively quickly does the GPM share price take off and become a geared play on the Gold price! History has a habit of repeating itself!!
Only time will tell if my bullish expectations for Gold (and hence GPM) become reality. I'm confident and that's the most important thing for me, seagreen.