early birds Posted March 12, 2020 Share Posted March 12, 2020 Mick you are so dark. kinda disagree with you. today is the day we can call it " panic" for stock market term. sell every thing type. i'm digging money atm try to put into CFD to have a leverage bet the selling is over done. a big snap back in very short term. i'm gambler wish me luck Mick!! " Link to comment Share on other sites More sharing options...
balance Posted March 13, 2020 Share Posted March 13, 2020 Balls of steel EB. There must be a wicked bounce soon, even if the markets still has a way to fall. Link to comment Share on other sites More sharing options...
nipper Posted March 13, 2020 Share Posted March 13, 2020 dropped a clanger there?? Or 2 The old 'dead cat' bouncing along the bottom, today. In this fast moving situation, would anyone hold over the weekend? (But by Monday, will it be too late?) Link to comment Share on other sites More sharing options...
nipper Posted March 13, 2020 Share Posted March 13, 2020 Meantime, a gunman killed 10 at Porgera, PNG https://mobile.abc.net.au/news/2020-03-12/t...834?pfmredir=sm Googled a few goldies with operations there or nearby ( whether current or not, not going that deep). Page 1 came up with GMN, IDC, RHS, EMP now Intrepid Link to comment Share on other sites More sharing options...
balance Posted March 13, 2020 Share Posted March 13, 2020 hi nipper, It would not surprise if Wall st went ballistic tonight. Exciting times. Link to comment Share on other sites More sharing options...
mullokintyre Posted March 13, 2020 Share Posted March 13, 2020 Gold in AUD is still above $2500 per ounce. Yet some gold stocks that produced were absolutely hammered. Doesn't make a lot of sense. SBM now trading at a PE below 7.6 and forward p/e of 9. Mick. Link to comment Share on other sites More sharing options...
joules mm1 Posted March 13, 2020 Share Posted March 13, 2020 time for consolidation, Mick ? (RMS/SPX good example) some value if the hedging is right ? pretty solid rotation in USD's ...when the AUD starts to climb the discounted value already bought will be attractive to sell so double edged gig there Link to comment Share on other sites More sharing options...
joules mm1 Posted March 13, 2020 Share Posted March 13, 2020 bah, technical shmecknical $xauusd #channel $xauusd signals larger rotation, maybe an ABC correction but look for the base of the orthodox channel to break to confirm momo is part of trend construct $$ Link to comment Share on other sites More sharing options...
nipper Posted March 16, 2020 Share Posted March 16, 2020 For Gold ETFs, there's been a marked divergence between pure metal plays (GOLD, PMGOLD) and the miners (XGD, GDX) since this virus thingies knocked tmost asset classes for six. Link to comment Share on other sites More sharing options...
joules mm1 Posted March 17, 2020 Share Posted March 17, 2020 despite the US and Aus hit-up in mining stocks yesterday and today, gold (in USD's) is still displaying sell-side structure inline with the larger daily rotation, the more the construction plays out (lack of bid + impulsive sell after sideways chop) should leave open the idea that bounces are oppostunities to exit trapped or long positions that are "doubtful" Link to comment Share on other sites More sharing options...
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