Golden Prospect Precious... Share Discussion Threads

[ultrasharp] 29/1/2021 19:50

I see the Bitcoin (and Ethereum) price has come back down to Earth as the "Elon Musk" effect wears off.

Unfortunately the gold price gains are also disappearing! 😭

[ultrasharp] 29/1/2021 16:43

Very interesting link, davebowler.

[ultrasharp] 29/1/2021 14:23

Gold and GPM really taking off today! 😁

[ultrasharp] 29/1/2021 13:30

Bitcoin currently up 12%. Even gold is joining in the fun. Let's hope the gold price can soon attack last summer's high again.

[ultrasharp] 29/1/2021 13:28

Bitcoin currently up 12%. Even gold is joining in the fun!

[noirua] 29/1/2021 12:23

Gold and especially silver stocks are way up in the premarket USA. Silver shares up to 16% up and gold shares up to 6% up.

[noirua] 29/1/2021 12:17

Bought back into GPM at just under 54p. Was looking expensive but the worm has turned as silver becomes the big gamer now.

[stevieweebie2] 29/1/2021 11:57

ah well, GPM may be slow to move but ill bet my END ticks away nicely today :)

[podgyted] 29/1/2021 10:50

Perhaps the Reddit/WSB boys got up early this morning.

[papillon] 29/1/2021 00:48

Well a potentially bullish double bottom formed on the GPM when the share price rose above the 2016 high last summer (see attached log chart). Like all chart patterns they can fail. Even the best, like a double bottom, only have a circa 70% chance of success. If if does proceed then a possible target share price given by the log chart is circa 120p. Will it happen? Who knows? I treat all chart based predictions as a bit of harmless fun and take them with a large pinch of salt, though it would be nice if this one became fact! It can be satisfying to dream! I'll probably have to start praying that the GPM share price escapes and soon, from it's recent circa 6 months oscillations about that 2016 high! 😂


free stock charts from uk.advfn.com

[ultrasharp] 28/1/2021 22:23

Bitcoin storming back up today. Very volatile. Down one day then back up the next. Up and down like a tart's knickers

Meanwhile the gold price is stagnating and going nowhere!

[podgyted] 28/1/2021 19:00

Hope so - Wall Street has manipulated bullion prices for years. Would be nice to see them get a kick in the teeth.

[oooff] 28/1/2021 17:40

Back on Zerohedge, Is the Reddit Rebellion about to descend on the precious metals market ??

[oooff] 28/1/2021 17:23

Weird, story seems to have been removed from Zerohedge.

[oooff] 28/1/2021 17:14

According to Zerohedge story the Gameshop crowd are apparently looking at gold and especially silver miners and the silver SLV etf to target. They know about the big silver shorts positions. They are being stopped from buying Gameshop by brokers.

[ultrasharp] 28/1/2021 16:35

Game Shop shares have just halved according to Sky News. Regulators are worried that these small investors could lose their shirts!
The big boy hedge funds, in particular Melvin Capital, have made big losses. They lost big time when closing their shorts, especially in Game Shop and needed a 2.75 million dollar cash injection from it's big backers.
Capitalism gone mad!

[stevieweebie2] 28/1/2021 15:49

yes
the r/wallstreetbets gang.

[rougepierre] 28/1/2021 15:28

If you're quick you can get in before the price reflects the sharp increase in gold/silver and the underlying stocks...

Managed to pocket c150,000 at between 51.1 and 52.25p...

Silver up 6% off the bottom (GPM holds 25% silver stocks, including biggest holding Fortuna (5.49% of GPM MV)...up 19% today so far...

Reddit and other platforms are targeting silver shorts with their eyes set on $1000...

These are the guys who took down the 130% Gamestop shorts for a 258% price increase in less than two days...

[stevieweebie2] 28/1/2021 14:48

just took my first 10k for a long time, lets hope the timings half decent. 51 unbelivable.

[noirua] 28/1/2021 14:11

Silver stocks move up sharply in the USA pre-market with First Majestic up around 40%.