Serabi Gold Share Discussion Threads

[ppvn] 18/7/2019 20:16

Gone parabolic in USD and gold even positive now in BRL despite it being the best performing ccy vs. USD today.

Roll on 2021 and 100k p.a.

[gregpeck7] 18/7/2019 19:04

Through 1430 usd..

[tightfist] 18/7/2019 18:15

Absolutely classic chart when passing through Resistance at 5,000 BRL

[loganair] 18/7/2019 17:18

However down in BRL terms.

[gregpeck7] 18/7/2019 17:11

Massive gold reversal. Pushing 1430. Go go gold

[loganair] 18/7/2019 15:52

Seen so many similar reports over the years...need I saw more.

[w1sefool] 18/7/2019 15:51

Interesting...

[cf456] 18/7/2019 12:34

"Gold Is In a New Bull Market — and It’s Heading a Lot Higher"

[cf456] 18/7/2019 11:59

"The gold price has clearly been favourable over recent months and particularly when looked at in Brazilian Reals where it is at its highest levels for many years. With the Company’s cost base mostly denominated in Reals, this is a good time to be a gold producer in Brazil."




Scroll down for gold price chart in Brazilian Real

[sherry35] 18/7/2019 00:55

Someone in this forum mentioned Ray Dalio commentary on his support for gold. Here is a supporting article.

[gregpeck7] 17/7/2019 22:01

And closes up about 22 wow..

[gregpeck7] 17/7/2019 18:55

Make that 17 now lol

[gregpeck7] 17/7/2019 16:20

Now up 15 lol.

[gregpeck7] 17/7/2019 15:46

Make that up 10

[gregpeck7] 17/7/2019 15:32

Gold flipped and now up 8 usd.

[gregpeck7] 16/7/2019 10:29

Agree, been noticing that. Although gone green again. Asians are buying and the west are trying to push the price down imo. They will run out of ammo at some point as the price needs to rise.

[ppvn] 15/7/2019 23:22

It seems gold has a jump every time the market opens, then it drops back. Should really trade this pattern as it's been going on for a long time.

Good to see even Ray Dalio is now talking up the yellow stuff.

[gregpeck7] 14/7/2019 23:25

Hold up another 3 already in early Asia trade. Approaching 1420.Srb gonna fly this week imo. Starting to thing 2000 usd gold is coming

[gregpeck7] 14/7/2019 17:50

Might be wrong but I think gold is about to have a very good week. Not expecting the pea this week but it's the first week I think we could see it... srb has consolidated very nicely around the 60p area. Next push to 100p plus coming soon imo.

[loganair] 14/7/2019 10:54

I've heard there may not be a GDP recession, rather a companies revenue recession.

I still think gold will remain range bound until at least after the first Fed rate cut.

I for one do not wish to see the price of gold fly, rather a steady rise, plateau for a month or two then another rise, so on and so on.

[gregpeck7] 14/7/2019 10:49

Mark Carnot predicting a recession. They are all laying the ground work to start printing money. Watch gold fly Monday.

[gregpeck7] 12/7/2019 19:56

Gold is absolutely flying as well...

[cotton4] 12/7/2019 19:30

Buying opportunity Monday.

[sherry35] 12/7/2019 19:11

Things have changed again. Starting 12:23 PM EST, Desjardins (House 19) is on the sell side with BID hitting right down to 85 cents. Long standing TD Securities (House 007) BID order of 10K shares at 85 cents got filled. Lucky bloke on getting that order filled. I suspect this is a retail trader.

Interesting enough the pounding stops at 85 cents. Desjardins (House 19) sells 6800 shares to House 79. Intraday volume at 59K shares.

This a 35 cent mood swing with trading 85 cent low to 120 sent high - most of the share price manipulation by Desjardins (House 19).

Lets hope we see this same lunacy as the share price heads north

[sherry35] 12/7/2019 15:53

Well well well ... I sopke to soon. Evidently somebody at Desjardin (House 19) stepped into the mkt and bought shares up to a intraday high of $1.20. This low liquidity on the TSX creates some nasty mood swings. Even worst when BOT traders get involved.

Today's intraday volume of 36K shares is a 52 week high, and the market is still open for another 5 hours.

The low liquidity will certainly work in our favor as the POG heads north over the next 2 years and 100K Au oz production. Just sit tight folks.