The greatest bull market in Gold in the history of man is before us but 99% of investors will be in the breadline before it's all over
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Not time to buy yet. . . Waiting
Currently I’m sitting on a 4.96% profit and I think downside risk is mitigated with the financing out of the way. Now they need to make the production profitable and Gold needs to break out to new all time highs (first quarter 2023)
If you have been buying the corrections and selling every new high it's like a personal ATM that keeps giving. :) Looking for $24.00 in the next two to three weeks and then a strong correction to follow.
Getting close to buy time again. A further drop is expected but getting close, real close :)
With this new development the decline is over. Those who loaded up here shall be well rewarded :)
Wow, with the breakout here I can't believe no one is talking about it. It's the only stock consistently making me money. Is it possible to get back to the previous high? Wouldn't that be something.
I am now fully reinvested :) Nice correction and Monday is a Panic day on the Arrays so let's see what NEM will bring to those holding after Friday's release :)
With the pending sale of their stock investment in New Found Gold they will have totally, or close to, taken the risk of bankruptcy or failure away and I'm all in. Buying today and fully invested!
Might be a time to take profits and look (wait) for a good correction to buy back in? If we hit 84.28 today I'll do just that.
Until they prove they are not going bankrupt (majority believe they are) and this lawsuit is settled this stock is going down. It will be a slow death for those who invested when hopes were high.
I'm a holder but don't hold much hope :(
On a high note my other investments are rocking! :)
A lot of propaganda but we can agree gold is going multiples higher (maybe 4500?) and the majors are breaking out with the little guys to follow :)
Major breakout in play. . .
With penny stocks it's always a gamble. I added a bunch at .29 and brought my average down so lets see where we go from here.
I guess you weren't around in 2003 the last time gold broke out and made new highs every day. Even the worst of the worst symbols for gold mines were making unbelievable gains. This time will be the same. First the producers will take off then the speculative mines will follow. All the others will rise in their wake. At least this is my experience and my opinion.
So, like most explorers, you suck investors dry until you go belly up. Fortunately for Pure Gold there are trillions out there looking for a place to go and public investments dry up and everyone is looking for private investments. They shouldn't have a problem raising another 50 million if they have the goods. For now it's a 50-50 proposition. I don't mind gambling a little here and doubling my position at this price and hold a little on the side to buy if it goes lower. The worst that can happen is you can lose it all and I'm ok with that risk being gold is getting ready to march towards $3,500-4,500 over the next two years.
That is a solid presentation! If this war is settled this year Gold will take one more hit before it's off to the targets I've mentioned before. A little more patience and we are all going to be greatly rewarded. If the war escalates Gold will remain over $1,900 and the miners will begin to show it. I don't see any sustained downside any longer. NOW is the time to put all your money into quality Gold and Silver mines.
I’ve been a spectator for a while but jumped in today and set up some buys in case it drops lower. :)
What choice did they have? That's what explorers do, borrow money until they either get bought out, produce, or go bankrupt. If they continue to progress we will be fine. This year Gold will consolidate and then we are off to $4500 minimum gold over the next two to three years. All miners will go up with it.
There is no place better to be now than miners that are producing more than they are spending. Sentiment will change soon enough and miners will explode. There are so many 10 baggers waiting to happen, just keep buying and relax. Take joy in buying at all time lows and be patient.
Well, I've put a close position in at .10 GTC and would be very very happy if it hits. That would be a big Fn Merry Christmas or a very Happy New Year :)
So they are a shoe company now? Have you seen their new website?
I've been using Socrates for over 10 years and I've never been scammed. I know Armstrong personally and he has never scammed me. I go to his conferences and meet thousands of people every year who have never been scammed by him but I know hundreds of gold bulls who hate him, I know our government tried to kill him for his source code. I would encourage any one who wants to know the truth to watch "The Forecaster".
As for me, I'll continue to make money off of Socrates calls and this time will be no different.
Everything is cyclical and these are dates in the cycle. When time meets price is when you get the big moves as well as ECM turning points. To understand more I would recommend you read armstrongblog daily and learn about Socrates. A lot of the information he provides is free. Marty is the only person I listen to when it comes to the markets. Everyone else is a fraud IMO
Just remember when the DOW crashes, Jan/Feb into March 14th everything will crash with it. Be prepared by either selling and then buying again or holding through the correction. After March 14th a new two year bull market begins for the metals and it will be spectacular :)
It's coming. My producing gold stocks are on fire so just be patient.
Gold needs to break 1835 and close above it for the week before all the gold miners will break out. 1835 is the level that needs to fall and the miners will take off. Saying that, I have a few that have already broke out of their slump and have moved very well the past few days.
Armstrong says we will have one more low in gold, probably fourth quarter of 2022 then it's going to minimum 3500 with the maximum 6000
Now all we need to hit our share price bonanza is to sho profitability so no more dilution.
Can you imagine what these gold stocks are going to do by 2024 if Martin Armstrong is correct about where Gold is going. The metals will now begin a new uptrend into 2024... Of course it will be violent but when are the metals not? Hang on to your shares boys and girls and watch the fireworks.
As I said it would :)
Financing always sucks the wind out of the share price but at least it wasn't at a lower price. In the long run this will fade and we will, if there are no more surprises, be seeing that price target(1.36) met in before 2022. IMO
Having moved on from ICT... after 10 years and finally making a nice profit this is my last holdout in speculative missteps from my past learning phase of hope and dreams. If I can finally lay to rest these shares with a profit I will have accomplished the unimaginable :) Let the dice roll...
I think we are in the beginning of a mind blowing trend. :) hang tight!
I think this is great news and bodes well for the future price of this stock. The only real potential problem I see for big money investors is the share count. It's not terrible but it's high. I'm satisfied with their progress and my entry point and look forward to a nice profit over the next 6 - 9 months
I will double down tomorrow. All gold miners are getting smacked now and it's a good time to pick up those juicy fruit I've been watching for the last few months.
If you go back and read all my posts on this stock you will see I NEVER pumped it. The majority are in line with your posts however I did say this time "May" be different but I'm still waiting to see if this could be true or we just went through another major con from Brad.
I've made my original investment back plus some and now hold house money waiting to see what time reveals to us.
Your experience is not every traders experience. There are traders, now I’m included as one, who have made money here. I will agree Brad is a con man but with the range and movement of the price a good trader can make profit here regardless of the fundamentals. Your losses are yours and many others but not every trader.
I agree, most of the risk is gone. Of course with gold mines shit can happen but we should be good to go up until the end of the year.
Ok, but be objective. How much did it go up before it corrected?
A lot of us bought at .0001 and are up how much? A lot of us probably added more as it went up and are still way in the green. There are two sides to every trade.
The more this board becomes negative the closer we are to the next break out. IMO
It does not matter what it is if you know how to buy cheap and sell high. Those of us buying shares at the bottom will make money no matter what happens. So it comes down to understanding when to buy and when to sell not the realities of the company.
Well, I've been sitting on too many shares for too long waiting for something to happen. Something ALWAYS happens, eventually. It won't take much to put me back in the green and walk away happy. This isn't the first shitty stock i've patiently waited for. :)