Its been a fast climb and due for some kind of pullback. RSI at a heady 74.4
Delayed trade. Look at the trade price, it was a full pence under the bid. Its listed as a "sell" becuase the trade price is lower than the bid at the time of reporting.
Could do but I see gold getting hit tomorrow as the Fed releases their minutes. Banks are net short gold futures which is usually a bad sign.
Absolutely right Nunquam. Gold is insurance and should be treated as such. If you are going to hold CEY as insurance, make sure you hold it in certificate form and not street name. Otherwise, like gold, if you don't hold it, you don't own it.
If CEY closes at less than 65 today, you may get your 62p later. I hate short term trading as to mee its always a gamble. Maybe that is because I just suck at it.
smallfry, major protest by pro-Morsi supporters comes tomorrow.
Once again the presence of the (self)annointed one drags the iii board down to the level of muckraking.
If gold rises to that level, however, I doubt we could assume a 3% yield, more like 2 or 1.5%. Thus the share price could easily add another 166p