Gold
Rate hikes decision tomorrow. Ukraine heating up again. HGD rising into resistance gives some hope. 3rd chart is Down Jones dollar index,testing old highs with stoch divergence.
Ukrainian President Volodymyr Zelensky has vowed to “liberate” the Russian territory of Crimea and the independent republics of Donetsk (DPR) and Lugansk (LPR).
https://www.rt.com/russia/557107-donetsk-shelling-troops-request/
US markets closed Monday Juneteenth.
With all the American operatives around elensky maybe a DEA type could take his crack pipe away.
Sir HR,
Any take on KGC?
Any other outrageously beaten down names in the PM complex?
Thanks,
GL
nothing that says buy me at all. It looks like a no win situation for the metals, no new kids on the block to buy, they sold the farm on cryptos. Market go up tomorrow and the money chase there, market down and we go with the bath water. Capex costs skyrocketing so many will be caught with the pants down. Rather than trying to buy the exact bottom, wait for the rise and backrest trick.
Maybe Karora tag the blue line, they bought existing mill to up production.
https://www.tradingview.com/x/KlVSeHdS/
Sir HR,
You are only the second person who I have heard mention Karora (KRRGF). The first one is me.
I held KRRGF for 3 to 3.5 years and exited all my tiny stake in this one, happy to have quadrupled my tiny investment.
Units: 172
Cost: 177.97
Proceeds: 661.02
Gains : 483.05
Gain %age:271.42
05/20/2022 11:48:38 Sold 50 KRRGF @ 3.69 177.54 6.95 0.01
02/24/2022 14:49:27 Sold 122 KRRGF @ 4.02 483.48 6.95 0.01
Thanks for the heads-up, let’s see if I buy this again.
GL