Serabi Gold Share Discussion Threads

[backinblack80] 10/12/2019 01:43

Thanks trader 365, but real investors are not bothered about daily fluctuations, which are common.So why don't you come back in a year?

[borisjohnsonshair] 09/12/2019 14:19

Big in your titchy world. Jog on

[trader365] 09/12/2019 13:21

Lots of selling here today bad news leaking?

[trader365] 09/12/2019 08:17

Lower lows and lower highs = trending down

[trader365] 06/12/2019 17:22

Was this company not producing gold in May 2019 when it dropped to 25p?

[trader365] 06/12/2019 17:18

'banks still dumping shorts on market before US open'

How, or why do you think that you know what other traders are doing??

This was 25p six months ago, it may well see 25p again before it goes higher

[edjge2] 06/12/2019 14:31

moving up from the frighteners of 65. This Boris has my vote, future look good. I suppose placing or some such led to absolute bargain and added some down there, couldn't resist it. Losers gone cash now tied up in vast, which some recent action is expecting news, most in silvers and gold cos with some in kav which seems to have proved its theory and now core sample metal analysis may set it alight in Jan 2010. Cash for more holes required or JV to exploit resource.

[borisjohnsonshair] 05/12/2019 13:31

Don't worry about it. SRB will be bunging out 100,000 ounces in a few years. 200, 300, 400, 500 FCF on AISC of 900...relax

[loganair] 05/12/2019 12:29

With stock prices consistently breaking new records, a normal reversal is bound to happen sooner or later. That could boost gold to a new all-time high, says Bloomberg Intelligence (BI).

New record high prices are in store for the yellow metal in 2020 and in the new decade, according to its senior commodity strategist Mike McGlone.

Writing in the commodity outlook, McGlone said: “Absent a new higher dollar and stock-price plateau, gold is set to join the all-time-highs club.”

The strategist noted that the outlook for gold remains favorable, which is in stark contrast to other commodities, such as oil.“Gold is the divergent strength standout. Up almost 15 percent in 2019 despite the 2 percent gain in the trade-weighted broad dollar indicates the metal is on solid footing for further advancement.”

McGlone went on to say that gold should remain the “stalwart̶1; unless equity and dollar strength is sustained. “That’s unlikely, particularly as we approach a contentious US presidential election. Divergent strength in the gold price, despite greenback and equity market record highs, indicate anticipation of a more favorable end-game for the quasi-currency.̶1;

The strategist pointed out that gold recovery began with the first Federal Reserve rate hike in December 2015. “At about the halfway mark of the 2011-15 decline, gold is simply retracing a bear market, for now. A new bull market will come when the dollar-denominated price exceeds $1,900 an ounce. About $1,400 is a good initial support.”

Near-term technical direction for gold sees $1,550 as the major resistance level and $1,400 as major support, he added.“Five years of consolidation has formed a solid base for appreciating prices… A peak dollar would be a primary rally catalyst for dollar-denominated gold.”

[trader365] 04/12/2019 20:27

You should be in my gang, wana be in my gang my gang ;-)

[jammydodger1] 04/12/2019 17:50

Tonight you people need to research ALGWBIG PLANS 100,000,000 million. Credit facility about to be approved and signed by a leading UK asset managerMcap of this company is only 5m nowWill be multiples And way past 20pDnt be left out in the cold

[tightfist] 04/12/2019 17:24

Top-up? Me too!