Randgold Resources Share Discussion Threads

[chinese investor] 07/12/2017 07:47

...and this :-

Chinese Investor (RRS) 2 Nov '17 - 17:03
Thank Goodness I'm Not A Genuine Holder !

[chinese investor] 07/12/2017 07:45

I refer you to this :-

Professor Pettigrew (RRS) 18 Dec '16 - 01:21
Gold - forecast to hit $1500 by July 2017.
RRS - Rangold - the most highly geared gold stock on the market.
This is THE stock to buy and hold.
£100 by July 2017.

[professor pettigrew] 07/12/2017 07:41

And I speak as a holder of over 3,000 of these, whereas "Chinese Investor" likes to think he holds some but in reality is just a complete fraud.

[professor pettigrew] 07/12/2017 07:38

I refer you all to this last month from me:-




Professor Pettigrew
4 Nov '17 - 11:24 - 8746 of 8839 0 1 Edit

Gold is about to enter a short-term downturn.

Under $1225 by the year end.

RRS around £60 or so.



Gold was around the $1300 mark then, and RRS about £74.

Looks like my crystal ball was correct. Gold down another $6 this morning to under $1260, and RRS looking to test the £65.50 level today.

Of course, you could always believe lying trolls like "Chinese Investor" or "michaels" if you want to get it wrong.

[action] 07/12/2017 07:28

Gold usd 1257

[philanderer] 05/12/2017 14:06

Citigroup upgrading to 'buy' this morning.

[christh] 03/12/2017 20:37

Analysts bet on gold to move higher this week


Dubai-UAE (Dec 3) Gold prices have inched up recently, but jewellery buyers in the UAE are still likely to find some bargains.

The price of 24-karat gold stood at Dh155 per gram as of 9.40am on Sunday, down by Dh2 per gram when compared to its peak of Dh157 last November 29.

In the global market, gold was last trading at a high of just a little over $1,289 an ounce on December 1, up from $1,285.27 last November 30.

Gold had in recent weeks nearly broken the $1,300 level when it hit $1,296.70 on November 29.

Some analysts, however, are still bullish on the precious metal, which they see moving higher in price this week.

Gold’s latest price movement has been supported by a weak US dollar.

“Gold is negatively correlated with the external value of the US dollar, so that a US dollar appreciation is often associated with weakness in the price of gold ,” Dr Marie Owens Thomsen, chief economist, Indosuez Wealth Management, told Gulf News.

“The recent move from $1.16 to 1.19 versus the euro is gold-price supportive,” she added. “As a safe-haven asset, the gold price also tends to benefit from geo-political tension. This is arguably neutral going into the year-end unless tensions with North Korea intensify or other issues flare up.”

In a survey conducted by Kitco, nearly six in ten (58%) of respondents in the Wall Street said they are expecting gold to strengthen this week. The same view is shared by the majority (46%) of professionals in the Main Street.

Thomsen said their outlook is likewise positive on gold, adding that if the current support level of $1,272 an ounce is not broken, the next resistance level on the upside is $1,300 an ounce.

“Our target for 2018 is $1,350 an ounce. On the downside, if the current support brakes, the next level would be around $1,250 an ounce.”

GulfNews

[christh] 03/12/2017 20:33

Gold price rises to Rs. 30,500 on firm global cues, spot demand


Mumbai-India (Dec 3) Reversing a two-day slide, gold prices rose Rs. 250 to Rs. 30,500 for 10 grams at the bullion market today, largely driven by a firm trend overseas amid pick-up in buying by jewellers at the domestic spot market.

Silver, however, continued its decline and fell by another Rs. 50 to Rs. 39,150 per kg owing to reduced offtake by industrial units and coin makers.

Bullion traders attributed the recovery in gold prices to a firm trend overseas as the weakness in dollar boosted the demand for the precious metal as a safe-haven.In addition, increased buying by local jewellers to meet the ongoing wedding season demand fuelled the uptrend, they said.

Globally, gold rose 0.39 per cent to $1,279.60 an ounce in New York yesterday.

In the national capital, gold of 99.9 per cent and 99.5 per cent purity rebounded by Rs. 250 each to Rs. 30,500 and Rs. 30,350 per 10 grams, respectively. It had lost Rs. 270 in the previous two days. Sovereign, however, held steady at Rs. 24,700 per piece of eight grams.

On the other hand, silver ready remained bearish and fell by Rs. 50 to Rs. 39,150 per kg and weekly-based delivery slipped by Rs. 130 to Rs. 37,580 per kg. Silver coins, however, remained steady at Rs. 73,000 for buying and Rs. 74,000 for selling of 100 pieces.

BusinessLine


Price of Gold & Precious Metals Charts
$1280.41 0 (0.00%)
High: 1280.41
Low: 1280.41

hxxp://www.gold-eagle.com/

[christh] 01/12/2017 11:33

Societe Generale says


DATE UNDERLYING TECHNICAL ANALYSIS

1 December 2017 FTSE 100 The bearish trend can resume

1 December 2017 DAX 30 The bearish trend can resume

1 December 2017 WTI Crude OIL Indecision reigns

1 December 2017 GOLD Technical opportunity

1 December 2017 EUR - USD The movement remains bullish

A buying opportunity for Randgold

[christh] 30/11/2017 06:27

WORLD NEWS
North Korea says tests most advanced missile yet; U.S. mainland in range
Additional major sanctions will be imposed on North Korea today. This situation will be handled!” Trump wrote on Twitter.

[christh] 29/11/2017 23:45

Gold now at US$1284 and trying higher.Hope to get back on course to US$1300.

[philanderer] 29/11/2017 23:23

Overseas earner , strong £ , weak gold - double whammy today.

[action] 29/11/2017 16:46

I do not understand this share .gold drop usd 10 dollars and this one down 6%

[the drewster] 29/11/2017 16:39

trading opportunity approaching.

[christh] 29/11/2017 16:24

HOLD YOUR NERVE
IT WILL BE UP TOMORROW, NEXT WEEK.

[boraki] 29/11/2017 16:19

I would normally jump in with this fall.

However, not any more.

Lost 5 x with these nightmare shares

:-(

Good luck to all long timers

[christh] 29/11/2017 16:13

heavily oversold, overdone big time.
Gold is around 0.85% at $1285 yet Randgold is down at 5.6%
So it should be corrected soon.
Gold is still going higher as momentum is still up.

Randgold will be up at around £72-£74 this week or early next week.

[christh] 29/11/2017 15:33

It will be up tomorrow.
Gold is stronger than currency and more stable.
Buy today and sell in 3 months when the results are due for a decent profit.

[boraki] 29/11/2017 15:17

Awful share this down 5%

[christh] 29/11/2017 14:20

The Drewster,

Podcasts November 27, 2017
Randgold: One gold stock to rule them all?



see also

Randgold Resources Share Price Brokers view

[the drewster] 29/11/2017 13:59

I read an article suggesting gold could hit $8000 ... fantasy? or the opportunity of a generation?

[christh] 29/11/2017 13:30

Trouble looming ahead with N.Korea
A meeting by the security council is due so Randgold might jump to £75 or higher depending on the action by the US and its allies.

The missile is capable of hitting US mainland.

Watch out.
Gold might be hitting all high.

[action] 29/11/2017 12:08

Gold is up but stg is up against usd.