Randgold Resources Share Discussion Threads

[84stewart] 09/4/2018 09:44

This may help a few understand gold trading,while I was away I started using SHARPS PIXLEY .COM WEBSITE again, could give you a clearer insite,go to gold news.

[chinese investor] 09/4/2018 09:43

Are you quietly accumulating ?

Professor Hammered (RRS) 30 Mar '18 - 13:09
During the past two weeks, I have been taking advantage of the relative weakness in price here and have accumulated a further 450 shares, between £57.25 and £60.25.

I think the recent low around £56.90 is probably the low we will see.........

[philanderer] 09/4/2018 09:35

Still waiting to add a few .

[84stewart] 09/4/2018 09:32

Well some have been having fun slagging each other off,I thought this was a board for constuctive views,anyway I have just returned from the USA they have a different view to
us on gold the consensus is $1450-$1500 by year end and GOLDMAN SACHS has a buy recommendation on RRS they are VERY BULLISH, as are a few others' have topped up another 500 today unfortunately I did not get my £64 I was hoping for but hey ho I can wait.

[philanderer] 09/4/2018 00:56

Prof , what do you mean I am wrong , I haven't even expressed a view , I've just posted an article quoting John Williams view ? :-D

I , like most people haven't a clue what's going to happen in the future.

edit:

I will be buying a few more RRS in the morning though :-)

[professor pettigrew] 08/4/2018 22:54

..........er, sorry Philanderer. Powell is WRONG and YOU are WRONG.

You see, the world is headed for a mini-disaster (witness the US jobs figures on Friday).

Also, the Syria situation is slowly grinding to a head. Trump has threatened and will probably use some sort of military strike now.

Wages aren't rising as fast as feared, but Powell would like to show his testicles to the world and will probably be frightened into a short-term interest rate rise.

That, however, will be rapidly reversed by July.

In a nutshell, gold has now embarked on it's next bull run. Only ONE more rise in the Fed rate this year, then a reversal, more QE, more panic, war in the middle east, and gold around $1600 by year end.

Oh, and RRS about £100 per share I would say.

[action] 07/4/2018 10:30

If there is trade war , how anyone can raise int rate even three times this year as the world economy may go in recession .

[philanderer] 06/4/2018 21:02

Wall Street shares are still falling, thanks to remarks made by Fed Chairman Jerome Powell, who thinks the Fed will need to continue raising interest rates.

DJ close : -573pts


The Federal Reserve will very likely need to keep raising interest rates in order to keep inflation under control, Fed Chairman Jerome Powell has told an audience at a conference in Chicago.

"As long as the economy continues broadly on its current path, further gradual increases in the federal funds rate will best promote these goals," he said.

Mr Powell did not mention the trade tariffs row between the US and China in his speech, however he did say that potential risks to the US economic outlook appeared to be "roughly balanced".

[professor pettigrew] 06/4/2018 14:46

With gold holding steady over $1300 for some considerable time, RRS have a large gearing effect to the upside and are coining it in.

Very cheap now.

[action] 06/4/2018 11:37

I sold yesterday stack with small gainWill dip my toe again

[chinese investor] 06/4/2018 08:57

Sold Completely !

[adrian noble] 06/4/2018 08:46

Well done CI.

[stevenrevell] 06/4/2018 08:44

This needs to change up a gear

[chinese investor] 06/4/2018 08:41

For The Record I've Been Accumulating Recently !

[action] 06/4/2018 07:59

This is MM darling as divi once a year. So they can move share wherever they want after ex divi. It may reach 5000 but considering progressive divi i am sure it will recover come divi date.

[fez77] 05/4/2018 21:31

Some strange Broker forecasts on 4 April - RBC Capital Markets downgrades to Underperform and lowers Target price to 4900.00 and on the same day JP Morgan Cazenove reiterates Neutral and raises Target price to 7300.00.

That's crazy!

No-one seems to have any real idea of where it's heading!!!!

[chinese investor] 05/4/2018 19:24

Please make an effort to be plausible !

Professor Pinocchio (RRS) 5 Apr '18 - 18:12
I've purchased a further 193 this week.
My new target is 4,000 shares.

Professor Pinocchio (RRS) 10 Mar '18 - 13:09
During the past two weeks, I have been taking advantage of the relative weakness in price here and have accumulated a further 450 shares, between £57.25 and £60.25.

Professor Pinocchio (RRS) 01 Jul 2017 - 16:33:51
And for the record, lying CI, I now hold 3,669 of these.
I accumulate weekly, bit by bit.

[giant haystacks] 05/4/2018 18:44

And of course I'll be walking Sutton High Street looking for punters to pay for my hubby's recklessness.

[professor pettigrew] 05/4/2018 18:12

This is the biggest gold miner on the planet.

And it's a steal.

I've purchased a further 193 this week. My new target is 4,000 shares.