Mark Anthony

Safe Haven Investments: Imminent Danger and Opportunities

I called for watching DRYS and I myself entered DRYS long positions aggressively around about $4 a share. Now DRYS has almost equal weight to the SWC positions I hold. I no longer own SIL at this point. It is a good stock to buy but when the price falls below $1 it's going to be quiet for a while until silver is up significantly.

Safe Haven Investments: Imminent Danger and Opportunities

The naked shorting of up to $2.29 TRILLION U.S. T-Bonds are so disturbing that the US government started an investigation about it. Here is Jim Sinclair's comment about it:

216.157.72.247/index.p.../

Quote Jim: "It is ok to naked short anything against anyone until it costs the Treasury money. This is the financial equivalent of “Let Them eat Cake.” Somebody is going to the guillotine for these “Fails to Deliver.""

The original Bloomberg news report:
U.S. Treasury Opens Probe Seeking Improper Trading (Update1)
By Rebecca Christie and Vincent Del Giudice
www.bloomberg.com/apps...

Safe Haven Investments: Imminent Danger and Opportunities

Anglo Platinum's Polokwane Smelter, one of the two smelter that teh company owns, and the world's largest PGM metals smelter, was shut down by an accident:

platinum.matthey.com/m...

The company said it will take six weeks to repair. Don't count on it. There was another shut down of the smelter in September 2005. Their initial accessment was a 3 weeks down time. Ended up shut down for more than three months.

Safe Haven Investments: Imminent Danger and Opportunities

Kire:

What pink sheet stock did I mention? The only thing with a .pk I mentioned is NILSY.PK, Norilsk Nickel. They are not a small penny stock. Norilsk Nickel is gigantic. I do not recommend penny stock.

PaulTaut:

No one can get market timing correct so why even bother to attempt to time the market. Most savvy investors have totally given up trying to time the market moves and they concentrate on valuation only. Jim Rogers has not sold a single share of his Chinese shares. If he thought he could time the market he would have sold and then try to buy back cheaper. Jim Rogers is a billionaire because he recognize what he can not do and should not do, and concentrate on what he can do and should do. That is concentrating on valuation and be patient, let the market play its timing game.

When most people are by-standers, it's time to jump both feet in to buy.

Safe Haven Investments: Imminent Danger and Opportunities

Fred:
Thanks for the clarification. I meant to use Noah's Ark for an analogy, without elaborate the details.
I read "...and God resolved that he would never again curse the ground because of man, nor destroy all life on it in this manner. Man in turn was instructed never to eat any animal which had not been drained of its blood"
Wonder why all the red meat sold in grocery stores do not have their blood properly drained and they hence taste foul, betraying the Christian tradition. In China, a country without much Christian tradition, people care a big deal that blood of any slaughtered animal must be completely drained or they would not buy. It's also the tradition of many cultures. Just an interesting fact.
I shall read the Noah's Ark story again.

Safe Haven Investments: Imminent Danger and Opportunities

Paulo:
Do I not know PAL has temporarily shut down production? I personally contacted PAL repeatedly in the past two months to urge them to shut down production and turn around to buy cheap palladium from spot market. They decision to shut down pleased me more than anything else. Read my past articles.

SeeTheLight:
Is it going to be a V-shaped or L-shaped recovery? Nickel went from $4 to $5.86, a raise of 46.5% in three trade days. Obviously it's a 'V" for Victory, not a 'L' for loser. Do you want a V or L?

User287863:
If Norilsk Nickel shuts down, it does not just shut down nickel production, but it will shut down all metals. All the metals are produced together from the same mineral ore. It is very late in the mining process, in the refining process, that metals finally separate from one another.

Muddling:

I encourage you to do more due diligence research. My past articles can be good start as they contains lots of links to relevant information. Mid to long term, palladium is super bullish due to factors both on the tight supply side, and on the emerging demand side. Short term set back does not reflect the supply/demand dynamics, but is merely a result of liquidity squeeze. Industry users forced to sell their precious metal inventory to raise cash for regular operations. They have to buyback.

Today's news, GM global auto sale down 10% year over year. GM should be one of the worst performing auto makers. So globally maybe overall auto demand is down 5%. Consider auto demand is 50% of PGM metals demand, that slash away just 2.5%, which is not very significant. Tightening environment requirement means more PGM metals will be used in each vehicle. This increased loading MORE THAN compensates the drop of total vehicles sold.

Ever increasing popularity of hybrid vehicles like Prius also means MORE PGM consumption. That's because frequence shut-down and re-start of the main engine of hybrid vehicles means the vehicle will operate at cold start temperature more often. When temperature is lower, the catalytic converter needs to contain much more PGM metals to be effective enough to meet EPA requirements.

I am absolutely super bullish on palladium. I do NOT hold on and pump my favorite palladium stocks just because I hold them and I want to get even. There are lots of excellent silver and gold stocks beaten down to very attractive prices. I should and would have jumped ship if I do not believe palladium is the most bullish precious metal of all. The bullish arguments simply can not be disputed.

Safe Haven Investments: Imminent Danger and Opportunities

Muddling:
I looked at your blog. You seems to be a serious stock trader wanting to make money, not a basher. So all I want to tell you is each and every statement you made above is wrong and not logical. Use your brain, think logically, do your research, you might get a better conclusion. Read my past articles to understand the background of the palladium market. It's good to ask hypothetical questions but it's even better if you can draw logical conclusions. Good luck!

Precious Metals Stocks to Consider as the Dollar Falls, Banks Fail

For silver, SIL is a good play.

Why no one talks about platinum/palladium? There are only two primary palladium producers in the whole world: SWC and PAL.

The PGMs (platinum group metals) are a precious metal play, a critical war time material play, a critical industry material play. And play of an extremely bullish supply/demand fundamentals due to disruption of production in South Africa. It is also an alternative energy play (fuel cell, and cold fusion). Palladium is also a monopoly play (Russians control 50% of the world palladium supply and they can corner the market any time they want). Nothing can be more bullish than the combination of all these:

seekingalpha.com/autho...

No Renewed Bull Phase for Metals Miners Just Yet

Bill:

One thing you should pay attention to is not just the massive physical metal redemption request of the ETF Securities platinum fund, but also the fact that the actual trade volume of the shares are way much lighter than the redemption requests. So the redemptions of the physical platinum metal are NOT investment funds unloading, but rather they must be industry users who hold shares tender the shares to redeem for the physical metal.

Another thing is on August 7th, the US government suspended sales of platinum from the defense strategic stockpile inventory. This is something that never happened before in 20+ some years since the end of the Cold War. You must understand that platinum is a critical war time material. Read this for the discussion:

seekingalpha.com/artic...