Golden Prospect Precious... Share Discussion Threads

[weyweyumfozo] 01/3/2024 22:21

Jesse:

"Gold and silver rallied very hard, with gold breaking out. Gold had its highest close ever, although lower than the intraday spike from a few months ago."

[papillon] 01/3/2024 21:52

"How much gold does the UK own compared to other countries?"

[1hercule] 01/3/2024 19:27

Here's one explanationhtTps://www.zerohedge.com/markets/gold-bonds-soar-feds-waller-hints-qe-reverse-twist

[arbus5000] 01/3/2024 18:47

what was the catalyst?

[rougepierre] 01/3/2024 17:43

Laie buying almost up to 25...

[rougepierre] 01/3/2024 17:41

Or 2085...

[papillon] 01/3/2024 17:06

Gold price now $2082, rougepierre.

[rougepierre] 01/3/2024 16:31

Well done! Gold now banging on major resistance...take out the 4 December high and this is at the 3 times previous all time high...

Silver at 23.13...GDXJ just below a 1 month high...

To give an idea of potential, EQX will pour 750,000 ounces of gold this year but its share price is 66% below where it was in May 2020 when gold was $1722!

Last Junior Miner bull market was 13 years ago...

Lets get ready to rumble...

[papillon] 01/3/2024 15:52

Gold currently 2069. Up over 1.2% on the day

[papillon] 01/3/2024 15:47

👍 rougepierre

[rougepierre] 01/3/2024 15:39

Gold broken resistance at 2054...currently 2064 and rising...major resistance c2077 then whoosh!

Meanwhile if youre quick you can buy GPM at a 22% discount to yesterdays NAV of 31.07...higher than that tomorrow...

GDXJ at a 3 week high of 32.58...silver sharply up at 22.9...

Perfect storm gathering...?

[papillon] 01/3/2024 15:31

Gold currently up 0.95% @ $2062

[1hercule] 01/3/2024 14:02

Just listening to Michael Pento who has said the current US deficit is 2 trillion a year. This with supposed 'soft landing' and low unemployment. He reckons it will go to 6 trillion in a full blown recession.

[1hercule] 01/3/2024 13:40

would love to know the percentage of US GDP which is from government spending

[papillon] 01/3/2024 13:06

"$213,182,743,000 Piled Onto US National Debt in Just 23 Days As Former IMF Chief Economist Says He’s Extremely Worried About Borrowing Binge"

Should be good news for the Gold price.

[1hercule] 01/3/2024 12:11

someone bought 200k today which then triggers 60k in sells with gold looking strong.

Terrible sentiment still. Surely got to be a buy signal?

[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.