Golden Prospect Precious... Share Discussion Threads

[atlantic57] 19/2/2022 19:07

hxxps://thedailygold.com/video-3-leading-indicators-to-watch-for-gold-breakout/

Jordan Roy - Byrne

[papillon] 19/2/2022 17:00

"Looking at the bigger picture, gold has created a significant 12-year cup and handle pattern, which would be completed once the $2100 level has been breached on a monthly closing basis. There are not too many examples of a multi-year cup and handle pattern in the major markets, and investors should understand how bullish this pattern can be when it occurs over a long period of time. The current cup and handle pattern in gold projects to a technically measured upside target of around $3,000."

This comment is from the above article. I've been going on about this bullish Cup & Handle pattern forming on the longer term gold chart for a long time!! I feel vindicated!

[stevieweebie2] 17/2/2022 21:24

Am expecting the NAV to be hard tomorrow. Oops sorry watching FMJ. ?

[12358k] 17/2/2022 18:06

No, the English one, Dominic Frisby. The bitcoiner. Off the telly. He wants £50 for the tip.

[12358k] 17/2/2022 13:27

Anybody any idea what Frisby is punting?

[ian_2] 17/2/2022 08:52

Beggars belief. Gold flying!

[ramnik007] 16/2/2022 20:55

How the heck is this down today?

[stevieweebie2] 16/2/2022 15:54

Not I.....

[king_baller] 16/2/2022 15:01

Who exactly is selling GPM here?! Gold is looking increasingly strong and trending up now. Gold miners will take off with the algos when they’re trending up over 1 and 3 months, which will be the end of this month.

[papillon] 16/2/2022 11:34

Well this very knowledgeable chappie is very bullish on gold.

[papillon] 15/2/2022 13:55

Gold & Silver down today on easing somewhat of the Russian/Ukraine crisis.

[podgyted] 15/2/2022 13:39

Pity, this was shaping up quite nicely, but a bit of risk-off going on today.

VanEck Vectors Junior Gold Miners ETF (GDXJ) currently down 2.6% pre-market opening.

[stevieweebie2] 14/2/2022 12:32

first buy of the day was mine, 5k top up at 41, now have 75,000 of these, seemed a no brainer at the Discount to Nav, time will tell.

[stevieweebie2] 11/2/2022 18:49

Good timing , GLD trying to break out

[king_baller] 06/2/2022 13:48

See @contrarian8888 on Twitter for a good gold thread.

[king_baller] 04/2/2022 15:41

The global economy is in a lot of trouble. Growth is slowing yet central banks are going to try to raise interest rates and tighten into said slowing economies.

You just have to think a month or two ahead to see where gold is going. I’ve sold all my equities except for gold miners. And will short US equity rips. Cash and gold are king short term. My base case is there will be a rotation into gold miners during the Nasdaq bear market, but we may have to wait until afterwards. But either way, it won’t be long IMO. GPM at a discount is a good place to park £.

[bigdazzlerreturns2] 04/2/2022 12:38

Could see a bounce around the 36-37p on a weekly long term rising trend line.

Personally wouldn’t discount long term a fall to the low 20’s. However that is a long term view and not said with much confidence.

However if it does get close to the low 20’s that’s where I would be filling my boots. So to make it clear I’m not saying it will hit the low 20’s.

[mustafa15a] 03/2/2022 09:20

I had a terrible entry point here, this has been one of the biggest flops in my portfolio, however long term potential is undeniable but one must consider opportunity cost of leaving money stuck here at a big loss

[stevieweebie2] 25/1/2022 08:56

they have issued a statement

$WAF's staff and contractors are safe and our Sanbrado Gold Operations in Burkina Faso are continuing to operate as usual: [...]

The company is continuing to monitor the current political situation in the country and will provide more updates when appropriate.