Latest Forum Topics /
CNMC Goldmine
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Goldminer
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yagami
Senior |
31-Aug-2016 11:29
Yells: "Lets make money together from market :)" |
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I believe gold is going down. US economy is getting better in general (look at S& P) and chances for FED rate hike is > 50% imo. but this counter itself, have been very strong for this year. Do they have other incoming announcement? Without any triggers, it might be hard to go up..
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Eagle88
Supreme |
31-Aug-2016 11:28
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Even with employment increased, rate may not increased as like previous case where they oso looked at productivity...more ppl employed because of lower productivity...many factors at play...to play very safe is to enter only after announcement but have to fight for the shares then...better enter when seeing the price is just nice to individual with calculated risks...
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Eagle88
Supreme |
31-Aug-2016 11:02
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Fully agreed...depends on individual decision when to enter...open both eyes big2...check gold price, check chart if you know else listen to chartist here who have the track records...use what if scenarios...
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dragonboy76
Master |
31-Aug-2016 10:53
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sorry, if employment rate decrease, then no rate hike. you confused me with your confusing words
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Rookiegal
Member |
31-Aug-2016 10:53
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This is like the 5th day of consecutive drop? Shares has tanked pretty drastically due to shortists/contra holders compared to other stocks. I reckon there is more to business fundamentals then to keep and keep. Wait till price stabilises then can always buy back. Think it' s wise for those still holding on to sell and preserve whatever profits are left.  When I sold all shares year back the price now is still 20% less than the price a year ago. You never know. So preserve profits more important.      |
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dragonboy76
Master |
31-Aug-2016 10:52
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if you see just based on wordings, then yes, correct,  but in economic world, things are much more complicated because involving humans. assuming unemployment rate decrease, but still within Fed expectation for rate hike. then market will react and gold will still dip although there is still good support for gold.  actually i always think that it is not the rate hike or whatever pending decision made that cause market to dip. it is the uncertainty and fickle-minded of FED, etc which cause market to violatile. even if there is a rate hike, once market absorb the news, things will still go back to a ' new' normal. it is those decision making ppl at the top of the ' food chain' that is causing the world to be so messy. if there is certianty, then investor would know how to react and invest accordingly.
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mepkoh
Elite |
31-Aug-2016 10:50
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dont understand.. unemployment rate decrease...rates will be increased...thats what the fed are looking at aka more emplyment
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Meister
Member |
31-Aug-2016 10:44
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If unemployment rate decrease, rate will not increase, and gold price will not drop, is that how I can see the reaction will be like?
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dragonboy76
Master |
31-Aug-2016 10:34
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market sentiment against gold price now. fri US job report will ' affect' FED decision on rate hike in Sep. So market definitely on its toes during these few days. as the date of job report release is nearing, most ppl tends to risk-off and wait for the report. there will be ppl who sell out of fear and ppl who buy in as good opportunity. just my view, may not be right |
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mepkoh
Elite |
31-Aug-2016 10:33
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if u listen to the shortist...u will never enter... they r just big bullies..trying to scare you...all the time
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smallcapper999
Senior |
31-Aug-2016 10:27
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The bull walk up the stairs and the bear jump out the window
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yagami
Senior |
31-Aug-2016 10:27
Yells: "Lets make money together from market :)" |
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have been waiting for re-enter this counter, but not sure now is good time or not lol. Thoughts? |
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Eagle88
Supreme |
31-Aug-2016 09:52
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I remember something like 5 waves up and 3 waves down...so go up slower than coming down...but subject to manipulation I think....need chartist to show the way...lol...
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Eagle88
Supreme |
31-Aug-2016 09:49
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Volume is low so it's not due to super BB throwing the towel or push down kuat2...just temporary and if got war chest may be can pickup really2 cheap later and wait for CNMC good news later and make profit khaw2...next time I am not going to be stubborn....I will just let go and come back...
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muifan
Supreme |
31-Aug-2016 09:43
Yells: "Take the leap of faith dont regret 20 years later!" |
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fear is stronger emotion than greed , that is why, but drop usually short and sweet...  
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Eagle88
Supreme |
31-Aug-2016 09:42
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That's why got to have holding power just in case something unforseen happens...when the resistance is very strong just let Bb and super BB to push up and we can make money when share price moves up or to make profit if thinking that its quite difficult to break....accumulate when the share price drops low2 as the fundamental is not just good but very good....gold is still at above 1300 very strong support there for the past half year...anlah2...
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Meister
Member |
31-Aug-2016 09:41
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When go up 不 见 得 fly so fast, now come down like free one
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Equity1
Senior |
31-Aug-2016 09:40
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Breaking dw of 51 cents may see it go lower to 46/43 cents | ||||
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muifan
Supreme |
31-Aug-2016 09:30
Yells: "Take the leap of faith dont regret 20 years later!" |
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waiting for your gold chart updates when the time comes...:p
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HuathuatLeo
Elite |
31-Aug-2016 09:28
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when 495 comes look at gold chart first.
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