Randgold Resources Share Discussion Threads

[christh] 14/12/2017 08:28

Opportunities
-------------------------
Gold could trend higher in 2018 as real borrowing costs continue to be low in historical terms and fears of equity and bond correction encourage investors, reports Bloomberg. The yellow metal is set to rise marginally as real interest rates stay low and the dollar weakens, says Bart Melek, global head of commodity strategy at TD Securities. China’s gold consumption will continue to rise in 2018 following this year’s demand of over 1,000 tonnes, up from 975 tonnes in 2016. Zijin Mining is bullish on gold as the dollar is seen in a downward cycle. Central banks may add to gold reserves amid uncertainty in global currency system, reports Bloomberg. Commerzbank forecasts gold to average $1,325 in 2018 on the back of low or even negative interest rates and ongoing political uncertainty.

link

[chinese investor] 14/12/2017 08:07

Looking Good !

[christh] 14/12/2017 06:33

It should open up at around £71 today.
Gold is up at $1258 after the US$ weakened.
The new year 2018 looks very promising for gold stocks and Randgold.
Gold will rise to $1280 before the year end if the US$ weakened further ,which is most likely.
So a Buying opportunity to make good profit in Randgold.

[bonio10000] 12/12/2017 08:34

PP - it may fall further, but i think once the rate rise is out of the way then it will rise again.

They can;t raise rates forever.

[christh] 12/12/2017 08:09

Gold price firms as dollar retreats ahead of Fed meeting

[christh] 12/12/2017 00:13

The gold price will recover, its only temporary and the Fed's meeting might turn
around the US markets.
So no need to glorify yourself for the recent Randgold Share price drop.
It all has been factored in the price.You have seen the bottom now you will the rise
of gold and the share price to £75 and higher depending on the momentum drive and strength of commodities.As you know the demand for gold is strong because of the
current geopolitical situations as I posted them previously. Again this is a buying
opportunity for a good profit in the short term and even bigger profit in the longer term.

[professor pettigrew] 11/12/2017 21:41

Yet another fall this evening for gold - see that christh?

RRS will struggle to main £67.50 tomorrow and gold is heading for my end of year target around $1225.

[hosede] 11/12/2017 10:24

The EW chart shows that the fall from the 1900 odd high is not complete. Gold will fall . RRS is sitting on strong support around 67-68 but will eventually fall thru it - remember it's very highly valued PE 35 - it needs a soaring gold price to justify it. I'm afraid you're a gold bug Chris - there are lots of them :-)

[chinese investor] 11/12/2017 08:00

Up From Here !

[christh] 09/12/2017 08:35

Given all of the uncertainty that lies ahead for 2018, prices for Comex Digital Metal are headed higher not lower.

[christh] 09/12/2017 08:34

A list that the impact the demand for gold exposure in 2018:
• The geopolitical risk of war with North Korea, war in the Middle-East and
cold war with Russia.
• The inverting US yield curve leading to undeniable recession.
• Fed promises of more QE and even negative rates in the next slowdown.
• Political risk in the US as calls grow for impeachment and the pending 2018
elections.
• Continued de-dollarization in China, Russia, the rest of the BRICS and the
Middle East.
• US government shutdown and political discord

[chinese investor] 09/12/2017 08:28

For The Record I've Been Quietly Accumulating !

[silverfern] 08/12/2017 20:36

What a bunch of self-serving arrsewipes post here. Dissing each other over how wrong they all are, a comic pleasure to read, but who'd want to know any of these parasites?

[christh] 08/12/2017 12:46

hosede,

you have seen the lows and if you have not taken the opportunity you will miss out.

goin higher and higher, gold glitters ans shines especially Xmas.

I have been told from a reliable source that will test $1350, so off you go and check this out.

Randgold back up to £75!

[hosede] 08/12/2017 11:22

Christh
Could you be suffering from confirmation bias? - it's common. We are still in the throes of deflation which is not good for gold - and it has formed a H&S suggesting a fall to 1210. Eventually it will go a lot lower possinbly below its 1058 low.

[philanderer] 08/12/2017 09:11

1:30pm US non-farm payrolls expected - 200,000

[christh] 08/12/2017 08:03

Gold will recover

price now $1249.45 0.88 (0.07%)

High: 1249.46
Low: 1248.5

[action] 08/12/2017 07:33

Christ If dollar down Gold up stg investor may not see much diff.

[chinese investor] 08/12/2017 07:29

Can anyone spot the flaw ?

Professor Accumulator (RRS) 08 Dec 2017 - 00:43:39 (around midnight)
I hold 3,000 shares in RRS and will be accumulating when they drop below £60.

Professor Accumulator (RRS) 01 Jul 2017 - 15:33:51
And for the record, lying CI, I now hold 3,669 of these.
I accumulate weekly, bit by bit.

[professor pettigrew] 08/12/2017 00:43

Gold, as I type, $1244 - less than $20 from my low point forecast 5 weeks ago, with RRS forecast to go to around $60.

And liars and detractors and fraudsters like "Chinese Investor" had the nerve to question it?

That know nothing holds nothing.
I hold 3,000 shares in RRS and will be accumulating when they drop below £60.

Drop below £60 they will, and that's healthy two-way trading.

Following scum like Chinese Investor will lead you all to penury.

For he is filth.

[christh] 07/12/2017 17:28

hosede,
crystal ball?
How did you work that out?

Gold is strong and will recover as Trump will mess the US economy the dollar will collapse.

Do not make assumptions.
Just check the worlwide demand for gold, especially China.

Gold demand from China picks up again
Cecilia Jamasmie | Nov. 1, 2017, 4:15 AM



Gold Demand Surges in China as Production Sags

hxxps://schiffgold.com/key-gold-news/gold-demand-surges-china-production-sags/

[hosede] 07/12/2017 14:45

Re 8837
Analysts wrong - what's new there? Gold looks like it could descend into the 1220-1230 range and if RRS falls thru its current support a return to the 58 area is possible. glad I exited around 74.5

[christh] 07/12/2017 08:01

Expect a recovery back up to $1300.
Gold is king not cash in the bank.
Many countries have been amassing Gold, countries like India,Russia,China.
Why?
Because is the most stable means of a country's economy.
Unlike currency is always a strong bargaining tool and a measuring tool of any country's economy and growth.

So hold on to your shares.
Not long before results now.

“Randgold stands out as one of only a few gold mining companies that consistently outperforms the gold price and delivers real value to its shareholders, host countries and other stakeholders. Our continuing investment in the future is in line with our long term strategy of creating value through exploration and development, and allocating capital against a strict set of criteria,” Bristow said.

“With a long term plan that is profitable at a gold price of $1000 per ounce, a growing dividend stream flowing from past investments and a commitment to ongoing investment, I believe Randgold will continue to be a leader in the gold mining industry in terms of value creation for all stakeholders.”

Opportunity knocks so make sure you take it.
This is buying time.