Serabi Gold Share Discussion Threads

[loganair] 17/3/2020 09:42

Interesting to hear what the people who have been in Gold for 30 or 40 years are saying that gold capitalise on the aftermath of any down turn with 2020 seeing a massive down turn then they are expecting the price of gold to rally during 2021,2022 and into 2023 to reach an all time high of $2,000 to $2,500.

[tiger60] 17/3/2020 09:25

A bit of news flow would be welcome here

[sherry35] 16/3/2020 16:26

SBI.TSX trade history from trade station. Note the two March 11/20 DRK trades with no volume. First time I've personally seen dark pool like trades on the TSX.

[sherry35] 16/3/2020 16:12

SBI.TSX Level II print from trade station.

[borisjohnsonshair] 16/3/2020 15:38

Hammered way too hard. Makes no sense, but what does!!! I'd say these will recover quicker than much of the carnage.

[trader365] 16/3/2020 14:42

GDX and GDXJ good buys at the mo

[sherry35] 16/3/2020 14:38

All - This article re-enforces my post #5664 regarding Russia's flooding the market with more oil. It should be noted the shale drillers having been experiencing financial issues since last year. This continuous pumping has put them over the edge.

[ironstorm] 16/3/2020 14:00

Lot a lot less here than anywhere else.

[tiger60] 16/3/2020 13:06

I have sold the majority of my holding as I was wrong about the correlation between recession, low interest rates to gold. Gold is down further 70 points to 1458 and I can't see a quick turnaround. although gold might flourish again not so sure about equities and I am ignorant of all of the supply side factors that may impact SBR (not for the want of research), also just think it has got to the manic stage whereby people want cash above anything. Even though irrational there is no point fighting the herd. Time is on my side now - if It goes higher so be it.



Got a few left here so will stay around

There is a rumour that markets will be closed. Unprecedented (maybe for a week after 9/11?) and a lot of legal claims would be forthcoming but not impossible. If so then you could argue a case for call options (July/Aug) on any indice based on the fact that markets would only reopen under better conditions...then again if they don't close..

[tiger60] 16/3/2020 10:20

False position - can't sell on quote, waiting for an at best order to drag it down

[tightfist] 16/3/2020 09:53

Amazingly solid at SRB in view of absolute carnage virtually everywhere - however, I do have one blues share - Tristel...

[borisjohnsonshair] 16/3/2020 09:45

Thank Christ

[tiger60] 16/3/2020 09:32

Quiet today....

[borisjohnsonshair] 14/3/2020 09:13

You make a living trading - that's a cracker!!!! What's with the market madness genius - as it's not Corona related. You got everything wrong ALL the time!!! Hilarious fool!!!

[ppvn] 13/3/2020 13:45

That's one of the GS tall tales I'll personally choose to ignore.

This only transpired in the last week? They should pull the other one! Ha

[loganair] 13/3/2020 12:46

Goldman Sachs - The reason why the price of gold has fallen and not risen during the past two weeks is because the CBR not only will they not be buying any more gold this year, Russia will need to sell 50 tons of gold in order to put liquid into their economy and markets.

[trader365] 13/3/2020 11:26

FFS do I have to spell it out for you? If one makes a living from trading and there's no volatility then one makes no money and becomes insolvent. Pretty simple even for you I would have thought? Obviously the issues you refer to are mental health. It's all downhill for you then codger

[borisjohnsonshair] 13/3/2020 10:47

Pretty disgusting thing to say, just for pointing out your stupidity, which you have no response to.

[borisjohnsonshair] 13/3/2020 10:46

I hope not due to my age and existing health issues

[trader365] 13/3/2020 10:07

I'm looking on the bright side perhaps you'll catch the virus soon

[borisjohnsonshair] 13/3/2020 08:27

I'm just trying to help with your stupidly - when's the license award announcement, companies that get richer and richer don't go up in price, if a share price doesn't go up within a timeframe you become insolvent. Have you had Trump lessons?

[borisjohnsonshair] 13/3/2020 07:54

If an investment that isn't providing a dividend for your living expenses, why would it effect insolvency. You are starting to make comments that slightly relate to SRB but you are clearly an idiot.

[borisjohnsonshair] 13/3/2020 07:30

Mismatches occur which are opportunities. If SRB are producing 100,000 / year and their share price doesn't move they quickly end up with cash greater than their MCAP. As if that wouldn't move the price! They'd be acquired!!