goldfinger
- 17 Nov 2003 10:39
Hope this helps board members out. Come on $400.
cheers GF.
nb, updated 2.30am wed.
gallick
- 20 May 2004 23:49
- 168 of 175
gf
Did you manage to bail out of Zinc Ox? Seems to have taken rather a nasty turn for the worse!
As for gold, of course there is the safe haven aspect, with Iraq kicking off etc. But US interest rates are definately on the way up... bad for gold if it leads to further strength in the dollar...unless you think this is already factored in by the markets. Or perhaps markets are over-reacting to the likely rate increases (which Greenspan has said will be 'measured')?
Either way if the trend is your friend then the dollar is strengthening (trade deficit or not), and the gold price will be kept in its box. Unless of course......
goldfinger
- 21 May 2004 00:08
- 169 of 175
Hi gallick yes bailed out of Zink ox with a small loss, but still very upbeat on gold and metals in the not too distant future.
Keep your eyes peeled on POG it could go and go in a very big way if inflation worries start to really get going.
Good luck.
cheers GF.
gallick
- 21 May 2004 09:43
- 170 of 175
>>gf
I got out of POG at 495p and bought back in at 440p. I think the story is still good because they bought land/mines at such massive discounts. I agree it could be interesting.
Rgrds
gk
1982roy
- 27 May 2004 13:20
- 171 of 175
back up
gallick
- 29 May 2004 16:42
- 172 of 175
Heard the head honcho on currencies at Goldman Sachs saying on Bloomberg that he expects the dollar to trade sideways for a while, during which time China will probably reallign their currency, but this is a prelude to a further fall in the dollar which they reckon is only half way through its overall descent!!
if this scenario plays out the gold price will rise considerably. The question is do you still buy the miners/explorers or the metal. Covered warrants are starting to sound exciting.
Regds
gk
blanche
- 30 Mar 2009 10:38
- 173 of 175
Anybody is it possible to get the gold price on your stock watch?
cynic
- 29 May 2009 14:21
- 174 of 175
after a good while away from POG, i have just bought a tranche, as bullion seems inclined upwards and the chart also looks pretty good, not forgetting that POG is among the world's cheapest producers
CEY is being watched carefully too, with a view to buying on a bad day - i.e. when sp is perhaps 78 to buy
blanche
- 29 May 2009 14:47
- 175 of 175
gold heading back over $1000 soon imo