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Simit Patel

 
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  • Will Mania Strike Gold Explorers Or Producers? [View article]
    nationaliziation is a concern of mine as well. i think firms that have already established partnerships with state-owned enterprises are a bit safer.
    Jul 6, 2012. 11:05 AM | Likes Like |Link to Comment
  • With QE3 Delayed, Will Silver Fall Below $20? [View article]
    i don't dispute the claims of cyclicality; rather i believe that is a technical explanation of price patterns, whereas the volcker argument is a fundamental explanation. i prefer to see both technical and fundamental confirmation.
    Jun 24, 2012. 11:26 AM | 1 Like Like |Link to Comment
  • With QE3 Delayed, Will Silver Fall Below $20? [View article]
    in 1980 what brought the market down was volcker raising itnerest rates. i do not consider that option possible now as the US is still running deficits. in 1980 we saw a true mania, in both gold and gold stocks, in which price acceleration during 1979 was much greater than anything we have seen in the current bull market. obviously there has been no mania in mining shares and the brief pop above 1900 pales in comparison to what we saw in the 1970s. i suspect the current bull will be greater than what we saw in the 1970s.
    Jun 22, 2012. 08:41 AM | 12 Likes Like |Link to Comment
  • If There's One Safe Technology Stock To Buy, It's Intel [View article]
    yes, i apologize for the error -- thanks to all who corrected in the comments.
    Jun 18, 2012. 08:17 AM | Likes Like |Link to Comment
  • Talk Of Gold-Backed Eurobonds Another Sign Gold Is Returning To The Monetary System [View article]
    the price has gone from 250 to over 1600 -- i think that's a pretty sizable move. i think the best is yet to come but i think the move from 250 to over 1600 reflects accumulation by china and central banks. also, i'm not 100% sure about this off the top of my head, but i believe central banks in aggregate only became net accumulators starting in 2009.
    Jun 16, 2012. 03:17 PM | Likes Like |Link to Comment
  • Hugo Salinas-Price Wants Greece And Mexico Back On A Silver Standard - Can It Happen? [View article]
    i was exaggerating in an attempt to be mildly comedic and light-hearted, though that seems to not been successfully accomplished. in any event, for very wealthy people, the lack of portability of silver is a very real issue.
    Jun 7, 2012. 03:06 PM | 2 Likes Like |Link to Comment
  • McEwen Reassures Shareholders In Conference Call [View article]
    i agree, the last two days look like capitulation. i think gold stocks as a whole are looking ready to take off to the upside, i was pleasantly surprised by the strength of many of them today.
    May 23, 2012. 05:47 PM | 2 Likes Like |Link to Comment
  • McEwen Reassures Shareholders In Conference Call [View article]
    would you throw away 10% of your net worth on something you didn't believe in? if he didn't believe in it, why not raise more capital from external investors instead of keeping a 25% stake for himself? most management teams as a whole of mining stocks don't own 25%. with his name and track record i suspect he could have easily raised capital -- at least more easily than many others. if he just wanted to pay himself a salary, why not take a lower stake?
    May 23, 2012. 01:47 PM | 1 Like Like |Link to Comment
  • Industrial Demand For Silver Declining [View article]
    you make some good points. i'll take a closer look at the numbers and the trend over the past few years.
    May 22, 2012. 07:08 PM | 4 Likes Like |Link to Comment
  • Gold Stocks I Loaded Up On This Past Week [View article]
    you may be perfect, but i fully confess to being mortal and thus need to allow myself a margin of error.
    May 11, 2012. 09:59 AM | Likes Like |Link to Comment
  • Gold Stocks I Loaded Up On This Past Week [View article]
    lol glad i wasn't the only one! :)
    May 11, 2012. 09:58 AM | Likes Like |Link to Comment
  • Uranium Stocks Have Given Back Gains Year To Date, Creating Another Buying Opportunity [View article]
    that is a great question, skwest. the megatons to megawatts agreement between russia and the US to downblend nuclear warheads into uranium for power plants comes to an end in 2013; i think we will see a spike in uranium prices before then. when uranium starts moving, it's going to move quickly. unfortunately i think this market will be exceedingly difficult to time, but i'm prepared to hold these positions until 2020 -- though i think the requirements to sell will be achived well before then.
    May 10, 2012. 04:19 PM | 1 Like Like |Link to Comment
  • Why Electric Beats Natural Gas Vehicles: It's All About The Re-Fueling Network [View article]
    uranium is in infinite supply in the ocean. i wrote about this previously: http://seekingalpha.co...
    May 10, 2012. 03:30 PM | Likes Like |Link to Comment
  • Gold Stocks I Loaded Up On This Past Week [View article]
    so i log in to my broker this morning with the intent of buying SSL.....only to see price had risen by 400%!!!!! second time this has happened to me where i was literally a day late to the big move. probably lots more upside left to SSL, but now i have to wait for some weakness.....congrats to those who got in on SSL and are enjoying very nice profits!
    May 9, 2012. 11:44 AM | Likes Like |Link to Comment
  • Why Electric Beats Natural Gas Vehicles: It's All About The Re-Fueling Network [View article]
    great comments, dave! the electric conductors in the road is a very interesting idea, and while it may seem far-fetched to many, i think it is worth noting that the automobile transformation is not isolated -- but rather will be a part of the transformations in infrastructure and urbanization that are also under way. when these trends are viewed in unison, i think something like electricity via roads becomes more plausible. though as you note, in light of how fast the industry is evolving, finding the right opportunities may be especially challenging.
    May 9, 2012. 09:49 AM | Likes Like |Link to Comment
COMMENTS STATS
219 Comments
137 Likes