Platinum Cheaper Than Gold: A Rare Opportunity [View article]
CEF is a great vehicle to invested in gold and silver - it is about 50/50 of each. Also, I believe CEF has better ownership verification than other ETFs like GLD, SLV. Here is my off-the-cuff percentages: gold (50%), silver (25%), platinum (15%), palladium (10%).
8 Severely Overvalued Stocks to Consider Shorting [View article]
This is from Harbin's website: "Parent and Tianfu Investments have secured debt financing from China Development Bank Corporation Hong Kong Branch and affiliates of Abax to finance the transaction."
Kingold Jewelry: Kingold or Fools Gold? [View article]
I think it is common knowledge by now that chinese companies don't report their full earnings to the SAIC - they are always less than the SEC reported numbers. I would think you should address why the CEO has been buying so many shares if the shares are so overvalued.
China Green Agriculture: What if It's Legitimate? [View article]
I don't know which ones are the frauds. But I am buying the ones that make simple products, like snack foods and beverages (CMFO & ALN), gold jewelry (KGJI), industrial valves (VALV), packaging (CPGI) and plastic recycling (GPRC).
China Green Agriculture: What if It's Legitimate? [View article]
I think the Chinese RTOs (that are not frauds) are extremely oversold. I don't like CGA or YONG because I don't believe that humic acid has any benefit for agriculture. I like the RTOs that are showing big insider purchases, like KGJI, SCEI or CPGI.
Everything You Could Possibly Want to Know About Shengkai Innovations [View article]
great article - thanks. I own VALV and have been looking at many other chinese RTOs that have been crushed over the past 6 months. Do you have any others you are looking at? Thanks again.
Insider Buying: 5 Recent CEO Buys of at Least $100K [View article]
A few things that the KGJI CEO said that I found interesting: this is the only company that he owns. no other family member works for the company. the company's reported results in china match those in the U.S. I have looked at many different Chinese RTOs since the entire sector has sold off. KGJI, to me, is the most obviously oversold. Plus, I love the business, exclusively 24-carat gold - people in China are investing in gold.
No One Saw the Sino-Forest Story Coming? [View article]
You are assuming that Muddy Waters has uncovered a fraud, and proven their claims. They have only made allegations, some of which were just wrong, and showed a lack of overstanding of SinoForest's business. Are they claiming the amount of cash the company holds is fraudulent? Because the company now has $400mil more cash than market cap. Is the company's holding in separately-listed Greenheart also a fraud? Greenheart management is in on the Ponzi? All of this starts to be a bit hard to believe. After recently watching the Enron documentary "Smartest Guys in the Room", SinoForest has been very open in addressing the allegations. Bottom Line: Muddy Waters is taking advantage of anti-China sediment among U.S. investors.
If any of the rare earth miners were even REMOTELY close to producing heavy rare earths, then I would definitely be an investor. But none of them are. Lynas and Molycorp won't produce heavy rare earths - i.e. the ones where demand outstrips supply. The best way to invest in rare earths is Dacha (DCHAF, DSM.TO) - the company is basically a heavy rare-earth metals ETF - they store exclusively the heavy rare earths in South Korea.
Get Set for Another Sustained Run in Silver [View article]
I like silver alot more than SLW. My problem with SLW is this - I am not sure how their business is sustainable. Why would a silver explorer enter is a $4/ounce streaming deal with SLW now? They could get a much better deal elsewhere in the financial markets. Also, silver miners can buy their way out of these streaming deals with SLW, so that once the miner starts producing and making money, frequently they look to buy out SLW. This is what Aurcana did.
Quest Rare Minerals Best in Breed Among Junior Rare Earth Miners [View article]
I believe some of the rare earth MINERS will be very profitable in 5 or 6 years. But I want to enjoy the price appreciation from rare earths right now. So I think the best way to invest for the short term is in Dacha Strategic Metals, DSM. They are basically a rare earth metals ETF. They store the metals in a warehouse in South Korea. The company has a huge discount to NAV. Most other similar metals ETFs have premiums. PSLV has 15% premium.
Rubicon Minerals: A 'Junior' Gold Mining Company Ready to Step Up [View article]
I don't own RBY but have been looking into it. I am concerned that a lot of the big prospective gold mines are around 1 gram per ton. I think in a future scenario with much higher oil prices, high gold-grams-per-ton mines will be more highly valued. I also think that if gold really takes off, you will see a lot of gold mine nationalizations and increased taxes in Latin America. I have been focusing much more on Canada. With this in mind, you have to consider RBY, BRD, NXG, Detour, and others.
CEF, which is 53% Ag and 45% Au, has a bigger discount to NAV of 3.7%. But the KING of "discount to NAV" is Dacha Capital, DCHAF, which holds physical rare earth metals. Dacha has an incredible discount of around 35%.
Central Fund of Canada Share Offering Presents Buying Opportunity [View article]
CEF, which is 57% silver and 41% gold, has a NAV premium of around 2%. Compare this to PSLV which currently has a NAV premium of 22%!!! You can see that CEF is a much better deal than PSLV right now.
Platinum Cheaper Than Gold: A Rare Opportunity [View article]
Stillwater Mining: Correlation to Palladium Disappearing as Boom Turns to Bust [View article]
8 Severely Overvalued Stocks to Consider Shorting [View article]
www.harbinelectric.com...
Kingold Jewelry: Kingold or Fools Gold? [View article]
China Green Agriculture: What if It's Legitimate? [View article]
China Green Agriculture: What if It's Legitimate? [View article]
Everything You Could Possibly Want to Know About Shengkai Innovations [View article]
Insider Buying: 5 Recent CEO Buys of at Least $100K [View article]
No One Saw the Sino-Forest Story Coming? [View article]
Why China's Rare Earth Exports Really Matter [View article]
Get Set for Another Sustained Run in Silver [View article]
Quest Rare Minerals Best in Breed Among Junior Rare Earth Miners [View article]
Rubicon Minerals: A 'Junior' Gold Mining Company Ready to Step Up [View article]
A Silver NAV Arbitrage Idea [View article]
Central Fund of Canada Share Offering Presents Buying Opportunity [View article]