Randgold Resources Share Discussion Threads

[bonio10000] 15/12/2016 09:39

So 0.75% to 1.25%

Epic.

I see bonds are falling again - so mortgage and lending rates rising.

How will that feed into a consumer economy, demand and the ability of CB's to raise rates?

Janet - raise them 100 BPS and let's get this party started.

[professor pettigrew] 15/12/2016 09:35

UBS pencilling in just TWO hikes next year.

[dstorey1] 15/12/2016 09:33

Overreaction. RRS was worked yesterday and is being worked today, the same applies to paper gold. Alice In Wonderland had nothing on the World we live. As for Fed doing three rate rises in 2017, not a hope in hell!!

[bonio10000] 15/12/2016 09:15

US inflation is already 2.2%, on their measure and not in reality.

[philanderer] 15/12/2016 09:14

It`s a good job I`ve got a couple of pharmas in the portfolio.

Rough start to the day.

Morning everyone.

[mallorca 9] 15/12/2016 09:08

I am also investing here.

My reasons are geo political for 2017.
USA Iran
USA N.Korea
USA China
Israel Iran
Russia Europe

The world has never been such a dangerous place.

I also see a recession in the USA.

[topicel] 15/12/2016 09:04

Equally, if inflation isn't to 'rip' until the summer, why would you be encouraging people to buy here now?

The tide is strongly against until inflation - which will be massaged to suit anyway - is really visible and above the magical 2%. They have plenty of leeway and play room as that is a spoken 'target'. The impact for RRS is probably not likely therefore for six months or more by which time it could have drifted to £40.

You are again making no sense. To be long a stock is to be ready near the bottom, not as the tanker is still turning the other way. And RRS is a blooming big tanker mate!

Topicel

[topicel] 15/12/2016 08:59

PP! If the Fed don't raise this year it is bad for PMs just as much if the dollar strengthens, which clearly it is going to do.

You must get your economic bearings adjusted old boy.

Dollar up and Yen down = bad for PMs

Threat of or reality of rate rises = bad for PMs

How can you say otherwise?

Topicel

[tsmith2] 15/12/2016 08:42

Think central banks are behind curve..inflation will indeed be roaring ahead..Hyper inflation coming up.. precious metals place to be

[professor pettigrew] 15/12/2016 08:31

Well said bonio - although I do think there will be at least one, possibly two, just to inch the rate up to 1%.

Hardly a disaster for gold when inflation will be ripping by mid-summer.

[bonio10000] 15/12/2016 08:26

tin hats until the US tanks and they realise no more rises in 2017.

[professor pettigrew] 15/12/2016 08:24

I reckon we will see more than 10,000 trades here today, and volume of over a million shares traded.

Very volatile at the moment.

[professor pettigrew] 15/12/2016 08:09

Just got 822 at £55.90.

That will do for now.

[professor pettigrew] 15/12/2016 07:59

Morning blueball. I reckon we'll be below £57 sometime this morning. Really dependent now on gold holding above $1135 - very weak fundamentals, but only short-term.

As I say, if we dip below £56 I'm back in in a big way. Wouldn't be surprised to see at least 5% sliced off here sometime today though.

2017 is the key. I still stick to 51500 gold next summer and £100 here, because the Fed are effectively stuck now. If they raise rates as many times as they have hinted they will snuff out Trump's plan to stimulate the US economy, so I think it's a bluff.

And as bonio has consistently pointed out - higher rates with a $20trn debt?

I don't think so.

Watch out for the sharp-dip buying opportunity here today.

................here we go

[blueball] 15/12/2016 07:44

I predict £58 today not bad.

[michaelsadvfn] 15/12/2016 07:06

Make that -$10,000

[gilesgraves] 15/12/2016 06:44

Just to clarify who is or is not a fool. I am relatively new to this (2 years trading). I am new to these threads and on the whole find them very useful., especially in stocks that I am new to. I trade, rather than invest. Intraday. Some days I hold up to 1000 shares in RRS. However, I hold zero units in RRS this morning. The reason being I disregarded all the bobbins being spouted here by pettigrew and I made decisions for myself. But yes I do believe a lot of what I read on ADVN chat threads because most of the threads are written by decent people who wish others well and who are well informed and want to share information that helps.

[bonio10000] 14/12/2016 23:41

Phil. See my last post. To say the labour market is strong with a 62 per cent participation rate is epic Yelled BS.

[bonio10000] 14/12/2016 23:40

Giles is a fool if he believes anything on a free bb.In Dec 2015 the last rate rise also signalled 4 more in 2016. We'll see.

[philanderer] 14/12/2016 23:40

Holding around $1143 , but that Fed statement to put it mildly was disappointing and a surprise. Interesting day tomorrow.


Gold Falls After Fed Raises Rates

Fed’s proposed acceleration in rate increases ‘a bit of a surprise,’ broker says, and ‘would be bearish gold’