Randgold Resources Share Discussion Threads

[hosede] 03/7/2017 15:53

I'm out and short gold

[giant haystacks] 03/7/2017 14:14

My hubby's short and......alas ugly.

[professor knobhead] 03/7/2017 14:08

I remain steadfastly short.

[michaelsadvfn] 03/7/2017 14:04

I'm also not in.

Just saying like.

[chinese investor] 03/7/2017 14:04

I looks like I just got out in time !
I'm so lucky !

[chinese investor] 03/7/2017 13:44

I'm out now.
That's the last time I'll be looking for a short term gain as gold and so RRS look vulnerable for the next few months.

[hosede] 03/7/2017 13:29

Gold looks like it's about to break thru the rising line connecting the lows of earlier this year. If it does then the 1194 low is the next support - and 59the next for RRS

[boraki] 03/7/2017 11:36

Action,

Very true

[dongle features] 03/7/2017 10:51

Decent thread.

[action] 03/7/2017 10:05

It is good if u have shorted it

[boraki] 03/7/2017 09:47

How can it be looking good.

It's down again,

All this does is drip, drip, drip

[chinese investor] 03/7/2017 09:29

Looking Great !

[chinese investor] 03/7/2017 08:50

Looking Good !

[wrestlingmad] 03/7/2017 08:33

Gold has $1,000 an oz written all over it.

[christh] 03/7/2017 08:30

Ron Paul: Not a 'total shock' if stocks plummet 25% and gold soars 50% by October
Stephanie Landsman | @stephlandsman
11 Hours Ago

A painful correction is coming and there's little that can be done to prevent it, according to former Republican congressman and libertarian firebrand Ron Paul.
Speaking to CNBC last week, the former GOP presidential contender argued the economy is not as strong as Wall Street consensus believes, and the situation could turn ugly as soon as October.

"If our markets are down 25% and gold is up 50% it wouldn't be a total shock to me," said Paul recently on "Futures Now."

That scenario would drag the S&P 500 Index as low as 1,819, and gold as high as $1,867 an ounce from current levels.

Paul, who's also a medical doctor and former U.S. Representative from Texas, is a well-known bear who has been sharply critical of Trump administration. He has also been putting a lot of blame on the Federal Reserve for keeping interest rates historically low for so long.

Although the Fed is undertaking a rate hike campaign after nearly a decade of ultra-accomodative monetary policy, some believe asset prices—and the economy—could still react badly.

"I think it's a very precarious market, and the Fed better be very careful. Since they are incapable of knowing what to do, I don't expect much good to come out of anything they do," said Paul. "There are so many mistakes made out there that the correction is almost unlimited."

This is not the first time Paul has called for a pullback on "Futures Now."

He made a similar prediction almost exactly a year ago on June 28, 2016, almost exactly a year ago. Since then, the S&P 500 has ripped by 21 percent and the Dow is up 24%, breaking several records along the way. The tech heavy Nasdaq bounced into record territory over that time period, and soared 34%.

However, Paul still makes the case that the rally is on borrowed time.

"People have been convinced that everything is wonderful right now and that stocks are going to go up forever," Paul said.

"I don't happen to buy this. The old rules always exist, and there's too much debt and too much mal-investment. The adjustment will have to come," he added.

[professor knobhead] 03/7/2017 08:21

pothead couldnt find his tiny little wiener in the shower.

I see the share is performing as expected. Wave 3's are merciless.

[professor knobhead] 03/7/2017 08:20

I thought he played for AC Milan?

[amelia airhead] 03/7/2017 08:17

If you apply a Botticelli retrace this will bottom at $59 but do your own research.

[gilesgraves] 03/7/2017 08:15

Starting to Buy Buy Buy

[chinese investor] 03/7/2017 08:10

This is definitely the LAST time I mention the Prof who is around £36,000 down in the last month !

Professor Pettigrew (RRS) 1 Jul '17 - 16:33
I now hold 3,669 of these.

[chinese investor] 03/7/2017 08:04

I will be accumulating at these levels !

[poseidon adventure] 03/7/2017 07:47

If you believe the pundits then gold appears to be a screaming sell due to rising interest rates.

On the other hand, the contrarian view is the opposite based on inflationary pressure!

[astute person] 03/7/2017 07:45

"Hedge funds are already selling yen this week, and positive comments from Yellen could give them an excuse to sell even more," said Kaneo Ogino, director at foreign exchange research firm Global-info Co in Tokyo.

That selling helped the dollar touch a fresh one-month high of 111.95 yen early on Tuesday. It was last up 0.1 percent at 111.94 yen.

But U.S. data on Monday gave investors reason to be cautious about buying the dollar. New orders for key U.S.-made capital goods unexpectedly fell in May and shipments also declined, suggesting a loss of momentum in the manufacturing sector halfway through the second quarter.

[nhs buyer] 03/7/2017 07:31

£65 by lunchtime according to my gold analyst who is an ex colleague.