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  • Parallels Between Oil In 2014 And Gold In 2015 [View article]
    Historically, gold rises after the first rate hike is over and done with.
    Jul 26, 2015. 03:51 PM | Likes Like |Link to Comment
  • $18 Should Be The Minimum Price For Silver [View article]
    Commerzbank just came out today with an $18 target for silver by the end of 2016, but only $16 by the end of 2015.
    Jul 24, 2015. 12:48 PM | Likes Like |Link to Comment
  • Strong Insider Buying Continues At Hecla Mining [View article]
    The exercising of options were clearly labeled as "Option Execute" on And on Yahoo Finance, it said "Option Exercise". March 12th, for example.

    That being said, almost all of the purchase transactions were done in the "non-open market". By definition, that could include option exercises. Some of these purchases were done at the market price. For example, on July 7th, the $2.44 purchase price fell in the daily trading range. I would assume that these were real purchases cause they are paying the market price. Some of them were bought at $0. Assuming that number is correct, I would have to assume, in hindsight, that they were options or gifts given to them as part of their compensation package. Therefore, the insider purchases were not as strong as I initially thought.
    Jul 21, 2015. 08:09 PM | Likes Like |Link to Comment
  • Pan American Silver Looks Like A Buy Here [View article]
    They are generating positive operating cash flow, but they are spending all of it (and more) on cap-ex. Combined with the cash payments for the dividend, the cash balance keeps dropping every single quarter.
    Jun 13, 2015. 11:48 PM | 1 Like Like |Link to Comment
  • Ominous Signs For Gold And Silver [View article]
    Yes, some $16.50 SLV calls which expire tomorrow. Not planning to roll it forward.
    Jun 11, 2015. 12:55 PM | 1 Like Like |Link to Comment
  • Ominous Signs For Gold And Silver [View article]
    3 reasons:

    1) There's a credit risk associated with ETNs that I don't want.
    2) The volume for SLVO is way too low (~25k shares per day). I prefer SLV because I can just place market orders and know that it will get filled immediately.
    3) I can write covered call options on SLV myself. SLV has weekly and monthly options. I don't need SLVO to do it for me.
    Jun 8, 2015. 10:29 PM | 2 Likes Like |Link to Comment
  • GREK: Price Decline And Political Progress May Provide Attractive Entry Point [View article]
    Greece will have to default eventually, whether it's this month, this year, or 5 years from now. How would a default affect GREK specifically? Why would the price of Greek stocks fall if they default and drop the Euro? It seems like defaulting and wiping out all that debt would be good for the country, the people, and the economy (at least if we look at the long-term).
    Jun 5, 2015. 03:56 PM | 1 Like Like |Link to Comment
  • Xinyuan Real Estate: 5 Things You Should Know Before You Buy [View article]
    There are several things that make XIN more credible than other Chinese stocks.

    1) For several years, XIN had an American CFO (Tom Gurnee). Think about it. If you are an American CFO, you could get prosecuted if you do something fraudulent. If you are a Chinese CFO based in Beijing, the SEC can't get to you.

    2) It had a legitimate IPO on the NYSE. Many of the Chinese stocks did "reverse mergers" in order to trade in the U.S.

    3) The real estate holdings are located in large cities, which makes them easily verifiable. Some of the fraudulent companies have their factories in harder-to-reach areas.

    4) Besides Brooklyn, XIN also at one point had small projects in Irvine, CA and Reno, NV.
    Apr 27, 2015. 01:47 PM | 1 Like Like |Link to Comment
  • Fortuna Silver Mines: The Market Is Dead Wrong [View article]
    Most of the silver miners are trading well below book value: PAAS, CDE, SSRI, HL, EXK.
    Mar 15, 2015. 11:15 PM | Likes Like |Link to Comment
  • 3 Strategies To Capitalize On The Impending Rally In Crude Oil While Avoiding Contango [View article]
    You could also just sell out-of-the-money calls that you think will expire and let the collected premiums pay for the contango losses.
    Feb 26, 2015. 07:25 PM | 6 Likes Like |Link to Comment
  • Pan American Silver: The Damage From A Historically Bad Quarter [View article]
    They will probably just get slapped on the wrist with a fine. I do think that more public awareness of the manipulation in gold and silver could be a catalyst for higher prices.
    Feb 24, 2015. 01:05 PM | 2 Likes Like |Link to Comment
  • Xinyuan Real Estate - 2014 Sales Above Expectation, Recovery Underway [View article]
    There is no way they reached $1.2 billion in sales last year. It's not possible. That information is WRONG.

    Q1 sales were $226 million
    Q2 sales $167 million
    Q3 sales $164 million
    Q4 sales guidance $300-310 million

    That doesn't add up anywhere close to $1.2 billion.
    Feb 20, 2015. 02:22 PM | 3 Likes Like |Link to Comment
  • Xinyuan Real Estate: Board Resignations And A 2015 Outlook [View article]
    My brokerage firm charges me a similar fee every year. "ADR Fees" is the description of the charge. It's a big charge that wipes out a significant portion of the dividend.

    Here's an explanation of these fees:

    Also, I hold XIN shares in two brokerage accounts. One charges me a lot more than the other.
    Feb 5, 2015. 03:13 PM | 1 Like Like |Link to Comment
  • $50 Oil Won't Be A Problem For Atlas Resource Partners [View article]
    Stub Value = ATLS price - $9.12 cash - (TRGP price * 0.1809)
    Jan 29, 2015. 01:28 PM | Likes Like |Link to Comment
  • $50 Oil Won't Be A Problem For Atlas Resource Partners [View article]
    Based on:

    ATLS at $28.81
    TRGP at $89.78

    The stub is worth $3.45
    Jan 28, 2015. 01:33 PM | Likes Like |Link to Comment