Hey DavidW,
Thanks for providing a clearer chart of Christopher Aaron's analysis. It underscores how close we are to the resumption of the Au bull market. Your previous post chart showing the US 30 Year Bond hitting resistance is a graphical representation of a change in sentiment of central bank monetary policy tightening. Interest rate rises haven't begun to pivot, nor pause but the rate of rising is slowing.
What bought this to my attention was an article by the ABC's business editor, Ian Verrender two days ago.
https://www.abc.net.au/news/2022-11-07/interest-rate-rise-peak-approaching-ian-verrender/101622274
I bought a small parcel of a Au/Cu producer I hold (av 72.4c) on open on Monday morning on open at 34c based on the above article. It is now 45c, a 32.5% gain. I'm expecting a similar gain in the short term for MHC once sentiment begins to change.
Your post #: 64667316 and @deedee33 #: 64421738 prompted me to add to my MHC position. Thanks guys! Both of you are LTHers and I've always respected and enjoyed your posts insights on the MHC threads.
I see MHC's sp in the multiples of 10c in 2023. GLTALTHs.
- Forums
- ASX - By Stock
- MHC
- Ann: More High Grade Gold at New Bendigo
Ann: More High Grade Gold at New Bendigo, page-50
-
-
- There are more pages in this discussion • 107 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MHC (ASX) to my watchlist
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.936M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
MHC (ASX) Chart |
Day chart unavailable