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Emmet Kodesh

 
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  • PM Volatility Masks Impending Rise In Metals And Miners: Don't Sell Out [View article]
    Biz B, Alan, Cameron and Andy thanks very much. Moda, as my regular readers know, ABX is an excellent value buy under $20, especially under $18 because of its huge reserves and low-cost prod. See the very recent TD Securities upgrade to "BUY" w 2013 est $25. Yes, as I said, NEM is good: 6-8 weeks ago it was great. best to all
    Aug 30 12:37 PM | 1 Like Like |Link to Comment
  • 2 Silver ETFs To Play For Growth Amid Turmoil [View article]
    Thanks, egt: yes do re-read the book. Jargon makes good points. Again the tree is being shaken. There will be periodic days like this: times to buy or hold tight. with best.......
    Aug 29 11:32 AM | Likes Like |Link to Comment
  • Finding Value In Sprott Resource Corp. [View article]
    Good article, Cameron. The thesis of mixed commodity holdings remains sound and timely. I agree that the angry sell-off in response to the dividend cancellation created a buying situation. You explained that clearly.
    Aug 28 01:51 PM | Likes Like |Link to Comment
  • Gold And Silver For Rough Weather: Buying Time [View article]
    Yes, she must be reading me: that is the pattern. Hence my articles identifying the global power matrix and suggesting investment in it. As for democracy, it is a corrupt form of a Republic & what passes for democracy now is disheartening .... with best
    Aug 28 01:16 PM | 2 Likes Like |Link to Comment
  • Gold And Silver For Rough Weather: Buying Time [View article]
    Note today's action as Au & Ag spot traded green in a tight range, rather sedate, again, while the miners surged out of the gate, faltered then fell heavily even as the $ trended down. As usual, first risk-off trade as hysteria in mainstream arises.
    Aug 27 04:04 PM | Likes Like |Link to Comment
  • Sprott Resource - A Solid, Mixed-Commodity Growth And Income Play [View article]
    The thesis for the holdings of the company remains strong. Cameron is correct. Moreover, the bullion holdings are rising and most likely will appreciate significantly in value.
    Aug 25 11:50 AM | Likes Like |Link to Comment
  • Recession In 2014? No, It's Here Now And What To Do [View article]
    Ben, I hope the news on China is accurate: it might be though that is a major area of obfuscation. If true, all the more reason to buy commodities. They sure have the gold, now. Jolly Green Man, thanks. Re your apt comments on the legal system, etc, still the geopolitical situation of BP, not least as part of "the special relationship" will insulate it. Its intrinsic strengths are clear. Don't overload any part of the boat too much: when events happen, one has to be patient w the good companies till the swells subside. EC, you see it. Take care.
    Aug 22 01:28 PM | 1 Like Like |Link to Comment
  • Bear Sighting: Will The Fed Rescue The Markets? [View article]
    Thanks, Alan, thanks Brian. The deep value continues mainly to be in PM sector though further hits may occur. Read my, "Gold, Silver, Equities or a Farm." Most likely there will be taper talk as another stress test & when things go south, increased floods of debt. You may have noticed that the middle class is being destroyed as well as centuries of norms & expectations. When trust is gone you get a culture of terror.
    Aug 20 09:59 PM | 1 Like Like |Link to Comment
  • Bear Sighting: Will The Fed Rescue The Markets? [View article]
    Zero is correct but one is not supposed to say so too clearly. I've often cited (& linked to) von Mises on "credit expansion": "depression follows in either case." But they're just trying to help, really. As noted, it's an ongoing "wealth consolidation event." take care
    Aug 20 03:47 PM | Likes Like |Link to Comment
  • Bear Sighting: Will The Fed Rescue The Markets? [View article]
    They massage the market with talk which supplies narratives to main media. That QE harms the economy is not difficult to discern. When anyone says data, if they mean "official stats" they are misleading at best. As to what they will do short term, they probably have not decided. Mid to long-term their is little reason for optimism re goals of those steering the Titanic. Hope for the best, prepare for the worst.
    Aug 20 02:19 PM | 3 Likes Like |Link to Comment
  • Playing The Surge In Precious Metals, II [View article]
    thanks, Alan, and good points: it has been a test of courage, of heart and mind. The fundamentals continue to strengthen. Yes, ABX is a solid buy for those who will hold at least 3 years: hold longer & it will be better. It has the most reserves & Sovereigns will want their fractional backing. MUX continues to show great results at El Gallo that can be developed to production at low cost. My piece on AG is worth re-reading. Yes, patience, patience... & caution about adding as Sovereigns are the Joker in the scenario. To increase beyond the suggestion indeed means a vigilant watch.
    Aug 19 09:24 PM | 1 Like Like |Link to Comment
  • Playing The Surge In Precious Metals, II [View article]
    If it closes above $1385 then $1450 is the next level to watch. Thanks.
    Aug 19 01:31 PM | Likes Like |Link to Comment
  • Sprott Resource - A Solid, Mixed-Commodity Growth And Income Play [View article]
    Austerman et. al.: the dividend was too high and should not simply have been eliminated but pruned. But those who panic-sold made a bad decision. Voiding the dividend (after yesterday's payment, on time as promised --- did you notice that? Some seem to have thought it meant a summary immediate cessation) was extreme but should increase profitability. The thesis remains sound. It is not clear why it would be voided completely with PMs in the midst of a major, likely long term rise.
    For those who did not panic-sell and lock in a loss out of anger or disappointment: NB that today the price briefly soared to $3.94, prob the results of a first of a series of share buybacks if you read the news on their site. Those still holding who want out at some point should keep limit orders in place for prices well above today & at which they would like to exit. There will be more buybacks. Profits & nav will increase for those w patience. As bonds & equities begin what may be a long rough patch, commodities (food, energy, PMs) will rise and bring this with it.
    Aug 17 02:25 AM | 2 Likes Like |Link to Comment
  • Guidance On Precious Metals, Inflation, And Seasonality [View article]
    Nano, good point; in an ira perhaps not an issue. Thanks, Jason: there's a lot more on that subject we could add. Some of us have shifted down in various areas but still are spending way more for less. Thanks eremmell, you probably would enjoy other pieces on PM in my archive, e.g. "How to Play the Surge in Precious Metals," etc. Jack, as I wrote, one's income stream & size of savings is an important determinant, among other factors.
    Aug 15 09:03 PM | 2 Likes Like |Link to Comment
  • Guidance On Precious Metals, Inflation, And Seasonality [View article]
    Thanks you Ken and tampat. On seasonality (a few lines lost in revising) I meant to add that as in bonds making their annual lows June 21-7 the past 2 years (& this year's July 5 plunge from foreign divestment, such events may recur), there is annual pattern to PM rises. Last year saw the drop in May from inherent aspects of a long bull as well as sentiment, then basing till July 23, then a slow rise which accelerated mid-August into the Oct, 2012 high plateau. Key takeaway here is that the plunges in mid-April and late June were not organic. They did however greatly increase demand as prices dropped & supply slowed. Now too there is the Indian heavy-buying season. Even more important are the macro fundamentals for PMs which have become strong as i've been discussing.
    Thanks for reading.
    Aug 15 02:23 PM | 1 Like Like |Link to Comment
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