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GHOST TRADER2


ghost11
4 stars

251074 Reads | 3316 Comments | 113 People call this a favourite

This is a shared blog that discuss markets,trends and companies with the aim of helping ourselves make money in stocks,if others benifit it is fine with us.DISCLAIMER - We present info that we think is correct but we could be proved wrong.We do not solicit a buy or sell in any stock mentioned and we do not encourage you to follow our lead.We encourage you to consult yr advisors before committing to a buy or sell. We are more of a traders than investors and our comments are all for the very short term in general.


  • Added starting position in PPY


    67 Reads | 0 Comments | 4 days ago

    Added a nice starting position near the close at around 6 dollars - why - grat land package and partnership with ALA.  Yes lower spending this year and some delays will cause issues but with low prices this is considered fair.  ALA bought in at 12 dollars and it could be argued that Painted Pony’s reserves report was considered among the best of what we have seen to-date in...


  • DRT and PEIX up over 25% today


    62 Reads | 1 Comment | March 5, 2015


  • Gold Next week


    114 Reads | 0 Comments | February 28, 2015

    India keeps the 10% import duty on gold, that is slightly gold bearish. But the finance minieter of India created investment instruments that will turn out to be very bullish as it rewards people to hoard gold. The minister aim is to reduce gold imports by mobilizing some of the 20000 tons of households gold. But he missed the point. one of the instruments is Redeemable Gold Bonds, it works...


  • ELD mine issue in Greece may get resolved.


    34 Reads | 0 Comments | February 25, 2015

    Official says they ae not against the mine per se but want to review permits and whether ELD is abidig by conditions. We added today at 6.86 and 9.94, we walk the talk.


  • Gold is running out of bearish news


    168 Reads | 2 Comments | February 23, 2015

    1- Greece gets temporary relief 2- Unkraine apparent ceasation of hostilities. 3- America is in recovery 4- oil is stuck about 50 dollar per bbl 5- FEDs may raise rates in June. 6- iSIS in retreat. 7- Ameican indexes near all time highs All the above are factored into current gold price and it is taken for granted they will pan out lomg term.. we are sceptical that they pan out...


  • Gold will rise to lofty highs going forward but increased volatility in between


    197 Reads | 1 Comment | February 22, 2015

      Gold is not going down, if it does it will be fleeting event. Interest rates increase alrady factored in current gold price. Market always discounts future events now. Same with Greece and same with Ukrsine conflict resolution, although the conflicts is really far from over. The most important events that the market is not paying much attention to is geopolitics. The world...


  • Saved by the minutes


    122 Reads | 0 Comments | February 18, 2015

    That is the FOMC minutes. Most our holdings are in gold, silver and metals plus energy. Added lots of ELD, SSO, BNK, LUN, DGC, NGD, K, IMG, EDV, FVI and FR. Big gamble considering the sentiments. The reasoning was that the FEDs despite imroving economy may be sensitive to global markets mainly Europe and emerging markets that will suffer if they raise rates sooner. Worked out well with the...


  • gold proved ot is a real store of value


    76 Reads | 0 Comments | February 9, 2015

    With the exception of the US$ and the few currencies that have fixed exchange rate vs the dollar, gold has appreciated more or less 25% from a year back yo date. Almost 25% vs C$ , more than 28% vs Aust.$. More than 100% vs The Ruble. Significant increase vs the Euro and so on. Despite the roaring US$ gold still remains almost at the same level in dollar terms. Any who bought Can. Bonds, Aussie...