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GDX 25000 contract Jan. 19 call was bought. It doesn't mean anything, but when someone do that, most of time, they make money.
Some analysts says there are no reason to buy gold now.
1)$USD is strong
2)interest rate going higher
3)economy is confident with Trump future plan.
Chart looks similar to around 1999-2002, gold is going nowhere for 2 years...
I hope something changes soon.
Yes I know. That is why I said very honest. It scares people, but MXSG do well, it won't matter soon in the future.
Why did you decide to acquire MXSG that much? Is there any other miners you acquire also?
You are so honest
Gold need to find catalyst to go back up. For now what brings this up is the history of RATE hike means gold up trend, like what happened last year Jan. and in the past.
Gold vs. USD now
USD needs to go down till then, gold might have hard time.
There are more possibility of down side since Trump got elected. If stock market do well long time, gold and miners can be down long time. Keep your dry powder aside. Buy MXSG
What is the benefit doing it?
But not MXSG as you see, right?
I hope you are right. Are you usually long for gold?
You changed your call gold $1140 from $1050, and JNUG between $4.50-$4.90? What made you change your mind?
Your prediction be right. I bought some today, but I don't mind JNUG drop more, I just buy more. I still keep my money aside even JNUG hits $4. We won't know when gold will come back up yet at this point. 50% chance in a month, IMO from the history at least, but that is too predictable.
Tomorrow morning either drop a lot again or go up a lot. It should cone back up in a month or so from the expectation last time when FED raise interest rate, but if it doesn't sustain after that, it will fall even more, and if equity keep going up, gold or miners will get screwed for sometime. I don't expect that to happen, IMO.
Yes, it was good summary
Yes I saw that. I do not like promoting news letters usually at all.
E-trade would let you buy for sure. You might have setting for it.
Good article, but how credible he is this website?
Statement is more important, "hawkish or dovish"
It won't be good for gold. Equity market will sustain better and gold is less attractive investment to investors.
WE NEED RATE HIKE FOR GOLD TO GO UP HIGHER AND FASTER!
Rate decision is one thing, but it is more important what Yellen is going to state and market will move by the statement.
E-trade is the best. They accept almost anything or if not everything. You have to have broker like e-trade. You don't want to miss opportunity like MXSG.
5 years, crazy. 1-2 years
He always replies to me
pdent@mexusgoldus.com
There are some serious talk here. It sounds like truth will be justified. I am waiting for the time MXSG to prove they are the real deal. In Jan., we will know more. All we can do is research and study what exactly is, but that is nothing anyway till the real deal.
Ask is very thin. Let's see we can come back all the way today.
Gap got filled, $0.15. Time to come back up! Over sold already.
This one?
It says the Santa Elena mine has 3,000tpd CCD-Merrill Crowe processing...
http://www.mining-technology.com/projects/9799/images/231868/large/image-3l.jpg
If things goes that is more than awesome. It could be better depending on gold price. As long as MXSG stay higher than now, I can't complain.
I want to agree with you and I would not buy stocks at all time high, but people are convinced to believe trump. If he does what he plans, equity will keep going up higher and higher, but he can delay the process. Then, there will be consequence and it will bite them. I am not saying gold won't go up, but it can delay...
Ok, thanks. I have to learn not to worry short term because I don't trade and I don't sell anytime soon.
Are you guessing according to the website pictures?
Have you heard of UWTI and DWTI no longer ETF for oil? These are 3x leverage. They are under OTC.
JNUG and JDST might become same.
As long as no delay for the first pour, MXSG will rock, and depending on the PR, MXSG will either go up much higher or stay around a little higher for short term, but from what we see, MXSG just started moving up. More coming, IMO.
Quiet seems actually more like a real company. All the penny stocks went up had all the posters who hype the stock price, and they never made it. I lost so much with them. I feel MXSG is different, that is good thing.
Gold vs. USD, but both are treated as safe haven. Eventually people will realize which one is real safe haven. Short term, it can be gold up, USD up, or both are down. At end of the day, you know the answer.
After rate hike.
Right now ask is literally nothing. 33,500 shares only, then there is no selling on level2, crazy. I know there are a lot more who put order with all or none.
You got MXSG just right on time. Let's see where we can be after years later. I am on the same boat with you.
Sounds good. Is your dad working for mining company?
If things goes as the plan we know, that would be already great. The best part is things can get better than we expect. MarMar got things done really quick. I can see they continue working same way in the future.
I wish a little more people post here...