Randgold Resources Share Discussion Threads

[blueball] 03/1/2017 19:28

Strong finish in the States tonight.

[blueball] 03/1/2017 18:27

stay long.

[chinese investor] 03/1/2017 18:18

I honestly feel your loss !

Professor Pettigrew (RRS) 28 Dec '16 - 15:08
I may well be selling my 668 RRS bought for £59.85 this morning.

Professor Pettigrew (RRS) 28 Dec '16 - 15:13
Trade 3897.

[chinese investor] 03/1/2017 17:59

Hello Sailor !

[professor pettigrew] 03/1/2017 17:41

Decent day. Well done blueball - a BLUE finish.

Gold currently $1161.25 in the US.

A move above $1175 would presage $1200.

$1200 gold would equal around £67.50 here.

[blueball] 03/1/2017 17:21

Anyway just saying like..lol.

gold at $1160 incredible.

[chinese investor] 03/1/2017 16:29

Just taken delivery of another 450 ozs of the "physical stuff" (DHL) !

[bonio10000] 03/1/2017 15:50

Selling all your gold at $200 to buy Euros so you diversify risk?

;-)

[dstorey1] 03/1/2017 15:49

Brownomics:)

[bonio10000] 03/1/2017 15:48

Like Greece?

All they need is some more borrowing apparently to pay off the old borrowing.

[wisteria2] 03/1/2017 15:46

Did you not know that you can borrow enough to get yourself completely out of debt!!

[bonio10000] 03/1/2017 15:40

hxxps://www.bullionvault.com/gold-price-chart.do

Gold recovering despite the apparent amazing data.

So everything is booming in the EU, USA and UK

But Govt and Personal debt levels are at record highs.

Sustainable then?

[dstorey1] 03/1/2017 15:39

There is a definite paper v metal conflict playing out today. The paper traders will do all they can to hold the metals. Once they can no longer then the likes of JPM will ditch paper and fall back on their physical holdings. Interesting times.

[bonio10000] 03/1/2017 15:29

Surprised Gold is flat.

looks like market not believing the narrative that the world economy is booming.

[bonio10000] 03/1/2017 15:14

hxxp://www.tradingeconomics.com/united-states/calendar



very odd data and a difference between hard and soft data

price levels 65.5? Can;t be good for inflation.

[professor pettigrew] 03/1/2017 15:05

On the other hand blueball!

Adrian - are you still into lorry drivers?

[adrian noble] 03/1/2017 14:58

Dame David of Sutton High Street doesn't have a chip on his shoulder..........he has the full Harry Ramsden double portion.

[philanderer] 03/1/2017 14:49

Gold $1155 .... impossible to predict where this is going :-)

[professor pettigrew] 03/1/2017 14:48

You may very well be correct regarding a blue close blueball.

Gold and RRS doing nicely in the US at the moment.

[professor pettigrew] 03/1/2017 14:43

Don't you wish scumbag. Whilst you fester in your dinghy bedsit, I will be (deservedly) soaking up the sun.

[chinese investor] 03/1/2017 14:41

That'll be the boating pool in Brixton then.

[professor pettigrew] 03/1/2017 14:37

Gold quite resilient around the $1150 level and RRS seems to like £64 (as do quite a few here).

Still saying £100 by mid-2017 with gold at $1500.

Sailing to the Caribbean for a month mid-Jan so posts will be somewhat sporadic.

Thankfully I don't have to waste my time visiting dirtbag on the Algarve.

[philanderer] 03/1/2017 14:02

One of the Guardian newspaper tips for 2017..

Randgold Resources

Chaos and uncertainty are usually good for gold and only an optimist would bet on smooth sailing for the global economy during 2017. The Côte d’Ivoire and Mali-focused gold miner Randgold Resources has been on a downward run since last summer although it picked up towards the end of 2016 as gold recovered.

The company’s prospects have recently been upgraded by investment banks including Citigroup and Morgan Stanley and the stock is looking pretty cheap at £64.15 after its six-month losing streak. Its management team is stable and experienced, so they are unlikely to spring any unpleasant surprises.