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[papillon] 05/7/2022 16:38

Only the US$ is doing well today. I can understand it being a safe haven in troubled times. The gold price is taking a pounding, copper is taking a real pounding and the crude oil price is being slaughtered!
The trouble with gold is it doesn't pay any interest (cryptos are being hammered for the same reason) unlike US treasuries. Albeit that interest rate doesn't compensate for inflation.
It looks like gold will retest last year's low. Only when the US Fed changes tack and reduces interest rates (instead of raising them) to fend off a major recession will the gold price take off again and the US$ fall. That could happen before the end of 2022, though we could have to wait until 2023.

[papillon] 05/7/2022 14:48

Gold currently down circa 2% whilst copper currently down over 3%.

[the diddymen] 05/7/2022 09:00

Markets reflecting macroeconomic uncertainty?

A bit of a head wind at the moment!

[oliversydney] 04/7/2022 17:43

Nice 27k buy at full ask before the close
Would be nice if it was Colin who topped up

[redflag2023] 04/7/2022 03:59

True story I was working in sales during oil downturn Anyway Shell director walks in purchase order large order I ask him about hurricane energyHe says folk like Shell BP look at all possible buyouts early doors It wasn't for us AA are the same This is business You're not getting bought out in a million years And you'll see

[redflag2023] 04/7/2022 03:55

Andrew P vast CEO emailed me to say Vast will be top gainer on Aim LSE Here I am telling you morons And I know you're reading So you better get buying Vast Or your going to look very silly here in Xtr come Oct Coz I'll remind you here And on LSE xx

[redflag2023] 04/7/2022 03:51

Vast 4 million revenue per quarter13-16 million a year on Tajikistan revenue alone Maybe 20 adding in Baltai PlaiCosts 7.7million Mcap 11 mill mcap 0.77p Watch for 3-5p by Oct

[goforgold1] 01/7/2022 17:59

As i said get out when it was 6p . RIP finished this now . I watch for some real news not all them RNS drill holes worth nothing

[mtw] 01/7/2022 13:32

Arcadian. Are you one of the lse big hitters by any chance ?

[arcadian] 01/7/2022 12:01

A lot of hindsight wisdom here. We have bargain prices but with my large holding I`ll wait for Colin`s skills to prove themselves. He will I am sure earn that pint.

[swordfish7] 01/7/2022 10:58

Bargain prices here. The potential of Bushranger is unaffected by these results.

[papillon] 01/7/2022 08:32

Gold below 1800. Copper well down!
XTR 2nd on list of biggest percentage fallers at the moment.

[cinoib] 01/7/2022 08:31

Seems like I made the right move selling out at 7p a while back as now down 50%. The rest of the market isn't looking much better at the moment so will sit back and wait for St Leger day.

[picardy] 01/7/2022 08:26

But what did people expect in the final results for 2021!? C'mon.