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Bullboard - Stock Discussion Forum B2Gold Corp T.BTO

Alternate Symbol(s):  BTG

B2Gold Corp. is an international gold producer. The Company has operating gold mines in Mali, Namibia and the Philippines, the Goose Project under construction in northern Canada, and numerous development and exploration projects in various countries, including Mali, Colombia, and Finland. The Fekola Mine is located in southwest Mali, on the border between Mali and Senegal, approximately 500... see more

TSX:BTO - Post Discussion

B2Gold Corp > The algos love momentum and volumes
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Post by Goldenpou on Jun 02, 2023 3:49pm

The algos love momentum and volumes

Now we know that its the same people investing in gold with momentum algos that are pushing up the market, gold down $30 and the Dow up 700. My thoughts, look at the gold chart just befor opening.

So this is an opportunitistc market and a momentum market, not long term or value oriented

Money moves very quickly and the economic data of this morning, even if it means no rate hike for now, really is algo algo algo and soon those up sectors of today will correct fast , too fast and too much money is being poured there. - Trillions on the basis of an a small interest rate pause , not fundamentals 

In the next round of correction watch the algos target precious metals when they re- progam the algos better - they dont  look at future supply this year in copper for example. Its just AI folks and AI does not look at why there was a net loss (ie extrordinary item ) and other stuff.

But we do so stick in there.
Comment by tootall123 on Jun 02, 2023 4:16pm
Its all rigged and fake, just like the BS US job numbers that came out this morning.... GOLD IS KING.....  
Comment by MaterialsMan on Jun 05, 2023 10:40am
Tootall123, In your opinion why, other than to give the DOW a huge boost, would they fudge that number. I do suspect you are probably correct. All the indicators today are showing that the economy is slowing. This more or less confirms that the number of new jobs is skewed. It will probably get revised. I don't think there is any doubt that the numbers are manipulated for various reasons. And, ...more