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Marc Courtenay » Comments » AUY

  • China Admits Gold's Monetary Role: Time to Buy  [View article]
    The impact that the Chinese people and their inclination to save using hard assets like silver and gold can not be overstated. Thanks for an interesting read.
    Sep 08 12:23 pm |Rating: +3 0 |Link to Comment
  • Gold and Silver Prices Will Begin to Shine [View article]
    Pumping trillions of dollars into the monetary system is historically and eventually an inflationary stimulus (loads of money chasing goods and services). I lived through the stagnant 1970s and I saw what inflation can do . The classic definition of inflation is more accurately involved with the eroding purchasing power of the paper currency. In time that means gold and silver goes up, up and away...probably sooner than later


    On Dec 05 09:24 AM Marp wrote:

    > Gold doesn't pay any interest. The Fed funds are no their way to
    > achieve that objective,too. Plus the Feds are busy printing trillions
    > of dollars of new debt. I guess paper , historically, is a better
    > storage of value. Or isn't it?
    Dec 05 13:07 pm |Rating: 0 0 |Link to Comment
  • Gold and Silver Prices Will Begin to Shine [View article]
    First, I try to follow my "mentors" suggestions which have been correct more times than they have been incorrect. In this unprecedented derivatives and credit crises, all we have are "clues". Secondly, AUY and many other well-managed miners tend to trade in ranges and there have been many opportunities to "buy low and sell high" in shorter periods of time. Lastly, no one I've heard of and follow was able to anticipate how badly the resource stocks would be decimated. Seeking Alpha isn't a forum for authors to "pump
    their own holdings" but a place to share ideas and compare our investment strategies and experience. It should be a way of networking with other investors and learning from each other.

    On Dec 05 05:22 AM Marketer25 wrote:

    > This fellow's comments ought to come with a warning message. That
    > being he hasn't got a clue.
    > Yes, I know this "comment" section is not a forum to discredit authors
    > but nor should authors use Seeking Alpha to relentlessly and desperately
    > try to pump their own holdings.
    > For the record, I do not own AUY but this fellow does and has been
    > recommending it all the way down.
    Dec 05 12:42 pm |Rating: 0 0 |Link to Comment
  • Is This the Death of Gold & Silver Stocks? [View article]
    Appreciate all the comments, feedback and suggestions. Your input is what makes these articles 3-Dimensional in perspective. I've submitted Part II of this article and hope it will be available here in a day or two. Again, please comment away and share your observations as well.
    Aug 27 15:14 pm |Rating: 0 0 |Link to Comment
  • Value Investing: Going for the Gold (and Silver) [View article]
    Andy, have you noticed the price of LMC lately. Do you have any comments and updates?
    Jul 25 20:08 pm |Rating: 0 0 |Link to Comment
  • Gold and Silver Sparkle During Rough Week for Markets [View article]
    Thanks for the comments. Ownership of the physical, hard asset makes good sense as well, as long as you can get around the storage issues, which most people find somewhat daunting. Delaware Depository is a realistically possible way to store, and they tell me that they insure every ounce. I encourage insured storage at a secured location if you want to get into physical possession.
    Jul 14 20:09 pm |Rating: 0 0 |Link to Comment
  • Gold's Golden Run All Set to Continue [View article]
    Agree and appreciate what you wrote. Perhaps you could write something on silver's potential from your perspective.
    Jul 07 16:49 pm |Rating: 0 0 |Link to Comment
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