http://www.kitco.com/charts/livegold.html

cheers GF.

This reminds me of my warning to those who did not buy Dubai property when they first had the chance, and even after a 50 per cent fall in house prices they are still 300 per cent up on their original investment! .... and on the basis of that, avoid this guys recommendations! ...... Dubai is a mug's paradise where properties are like pass the parcel ..... there is no second-hand market and furthermore, when one development is finished, the guys over there just start another .... thus unless you have already managed to "pass your parcel" you profit is very likely to prove illusory

Plenty of profit already made in POG.

Still more to come I reckon.

Very interesting comments above re gold and silver prices.
Re silver,I have been checking out the ratio to gold prices in recent years. It has been as high as 89,but the average looks to be about 55 over the past few years.
Silver prices have risen from about $10. in November to $14 at present. The ratio of 55 ,would imply a price of $18.
And of course if gold rises there is little reason to doubt that so too will silver.

Bullish Long Term Outlook for Gold
by: Peter Degraaf February 17, 2009 |

http://seekingalpha.com/article/120907-bullish-long-term-outlook-for-gold

What Gold Price Is Telling Us About World Markets
by: Investment Capitalist February 18, 2009 |

http://seekingalpha.com/article/121110-what-gold-price-is-telling-us-about-world-markets

Gold and Silver Leap Amid Fears of Inflation
by: Peter Cooper February 18, 2009

http://seekingalpha.com/article/121153-gold-and-silver-leap-amid-fears-of-inflation

Strange how gold keeps rising yet POG is as good as stationary.

Rather reflects the dreadful market conditions at the moment

these things never move exactly hand in hand ..... as someone posted earlier, it would be good to know a timetable for this offer for ORE

that would be me Cynic, believe from POG RNS that the offer is good for 6 months from 05 Feb 09[ I stopped being lazy and re-read the RNSs]

The Scheme is subject to certain conditions and certain further terms referred to in Appendix I of this announcement and to be set out in the Scheme Document. These conditions include:

the approvals of the Aricom Shareholders referred to above;

the sanction and confirmation of the Court referred to above;

the Scheme becoming effective by no later than 6 months after the date of this announcement or such later date as Peter Hambro Mining and Aricom may agree with (where applicable) the consent of the Panel and the approval of the Court, failing which the Scheme will lapse;

approval by the Peter Hambro Mining Shareholders of all resolutions necessary to approve, implement and effect the Merger;

certain Russian regulatory approvals; and

admission of the New Peter Hambro Mining Shares to trading on AIM or to listing on the Official List and to trading on the Main Market.

extract from: 06/02/09 07:00 Peter Hambro Mining (POG) Recommended Merger of PHM and RNS

Alex

I see there was a trade today involving Standard Chartered and 5 million plus shares.Was this a buy or a sell,and how can you tell which one it was?

cp
look at the price movement followed by next 2/3 days price movement. that often helps show the truth of the matter. i think we have discussed this before have we not? please ignore buy/ sales they are simply not reliable. anyway i could be wrong here but to answer your question, please excuse my ignorance, if someone sold then someone else bought, does it matter? i am of course unschooled in such things, except i believe the answer to your question is shown in the movement of price as suggested above. where do you guys all come from and get this buys or sells idea from? it might be wrong but does price show it to be so? or not? thats all that matters.
there were large buys but price went down that cant be right. how many times have i heard this? price tells the Truth.
hope this might finally help you wake up.
regards
jkd

CP, thats told you!!

Should have kept my mouth shut!

cp
please never ever do that. im often wrong about such things.
anyway its those that speak up that allow us to debate such things on these threads. good luck to you and best regards.
jkd

Nice to see this back in the blue this afternoon.

Gold within touching price of $1000, could this be a hum dinger of a friday afternnoon, its happened before.

3 days on the trot now its finished on 550p.

is this manipulation... and why?

ORE deal?.

would just be nice to see ORE take out that 10% discount

Not been on this site for some time, but I'm well back into POG of late. Nice gains recently which look set to continue to my mind.

Hi Gh,

wouldnt put it past it, to finish at 550p again monday.

From across the road..



Talkman - 21 Feb'09 - 21:52 - 1126 of 1128


Big Peter Hamro tip in Momentum Investor today. Says it would not be surprised to see it reach 10! ............ ENDS


Hence the mark up this morning.

Still think itl end up on 550p.