Shanta Gold Share Discussion Threads

[plentymorefish] 25/11/2020 14:32

What hedge?.....

[fitton] 25/11/2020 14:29

Ah, the hedge, could I forget!

[alangriffbang] 25/11/2020 13:32

Fitton don’t forget jujus hedge ,lol

[fitton] 25/11/2020 13:07

Listening to the total debt and spending review I don't think we will have to worry about gold dropping to far.The world is going to be in some much debt.

[c0lin1] 25/11/2020 12:13

Alasdair Macleod (@MacleodFinance)
11/24/20, 08:54
Just totted up the expiring Dec gold cals on Comex with strikes at $1800 or more – about 150,000. This is why gold has been smashed, so that they expire worthless!

[wasntreallysurewhatwasgoingon] 25/11/2020 12:12

Can't really see how 16 can be avoided.

[1 pound here we come] 25/11/2020 11:52

Is it a bird, is it a plane..?

[amazoner] 25/11/2020 11:10

i wont be too excited for now

[chestnuts] 25/11/2020 10:57

Price is about to click up again,

[plentymorefish] 25/11/2020 10:06

Yep.....not bad for a horse......says the fish......

[juju44] 25/11/2020 10:05

Dave , you called it well

[amazoner] 25/11/2020 10:04

can I still get 25p by xmas?

[davethehorse] 25/11/2020 10:04

In for a few today:-)

[chestnuts] 25/11/2020 09:41

Redhill

The bull phase as returned only this time the price will move northwards at a quicker pace the big bowl we have been in for the last 10 yrs is nearing complete and this will be the last leg up to the rim , it will over shoot by a few pence then it will make a triangle pattern and then move up again as gold price will have moved northwards by then.

[1 pound here we come] 25/11/2020 09:38

Fundamentals too!

[juju44] 25/11/2020 09:04

Technicals on the side of a move north

[redhill] 25/11/2020 09:03

chestnuts.

Certainly a lot of buying this morning.

[bikwik] 25/11/2020 08:59

You might like this:


free stock charts from uk.advfn.com


Plus the latest wave down....18.10p to 12.625p (down 5.475p) was almost the same length as the first wave down from the high....20.45p to 14.625p (5.825p). So 12.625p compared with equality of 12.275p. Pretty close.

[chestnuts] 25/11/2020 08:58

Redhill

The price will probably rise to 14p today as the people who paniced in the last couple of days will buy back in.

And the MM will rub their hands

[redhill] 25/11/2020 08:57

Must of heard me ! lol

[redhill] 25/11/2020 08:55

1 market maker has a lot to sell at 13p this morning !

[1 pound here we come] 25/11/2020 01:14

We are at the bottom of the negative trend line for the GDX gold miners index right now. Similarly for gold itself. 1800 must draw the line under this recent drop, or the whole bullish scenario will be under threat.

Once reality bites again, we should be alright. The economy is actually in tatters and is going to need a lot of further stimulus.

[chestnuts] 24/11/2020 23:02

This is probably why gold as got hammered this week as Yellen loves to spend

hxxps://www.washingtonpost.com/business/2020/11/24/janet-yellen-treasury-secretary/

[1 pound here we come] 24/11/2020 21:31

I cut mine.

[clotted cream] 24/11/2020 20:22

If only we had hedged when gold was 10% higher