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Online Share Trading

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Time to buy?

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Sycorion
Contributor
So is it time to buy?
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3 REPLIES 3
Not applicable
Don't buy gold shares. They are evil
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Rams
Super Contributor
The central banks of China and the emerging powers bought 535 tonnes last year to escape dollars and euros, the biggest wave of state purchases since 1964. Their strategy is to buy the dips, and they are no fools. The head of China's reserve manager SAFE" used to run a US hedge fund. They won't try to catch a "falling knife", prefering to wait until the dust settles. The upward trend of the great bull market has been broken. The technical damage is brutal. Bank of America expects a further drop to $1,200. Be patient" "http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/10001937/Fed-and-Bank-of-Japan-cau...
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kwagga
Super Contributor
Darn, I look at GFI and then at Sibanye, and I realize I'm backing an orphan child that was kicked out of the house. This share really is getting a cold shoulder from investors. Down 1.4% while GFI is up 8%.
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