Agnico-Eagle Mines (AEM) boasts the biggest YTD gain among 17 gold miners with market caps over...

Agnico-Eagle Mines (AEM) boasts the biggest YTD gain among 17 gold miners with market caps over $17B after overcoming weather conditions at its Arctic mine that sent costs soaring. Analysts say AEM has succeeded where larger peers such as ABX and NEM have failed because it set targets it could achieve, while the others have been forced to cut forecasts.
Comments (4)
  • Venerability
    , contributor
    Comments (3043) | Send Message
    ABX finally about to get a windfall from sale of African Barrick to the Chinese. But many think it will turn around and take out a fellow component on the TSX Gold index. There are at least four possibilities. (Of course, I hope they forgo their fellow Canadians and decide to take out CDE - but alas, unlikely. Freeport should have taken it out, instead of going Oil.)


    We all know how the Players in the PM sector Play. AEM was taken down to the limit and then boosted to the limit - a classic round trip.


    Many of us believe the next to get the "Boost after Bash" treatment has to be GG, now at a full 70 percent below - I kid you not - its median one-year target price from the (generally very accurate) Core Canadian Banks.


    In any case, to Play like the Veteran PM Players, eschew Momo in this sector and go directly AGAINST the Propaganda.
    19 Dec 2012, 09:41 PM Reply Like
  • TDWelander
    , contributor
    Comments (624) | Send Message
    No kidding. I have been saying stay away from the propaganda for at least 6 months. Appears you finally jumped ship with the propagandists. Good to hear it. Keep keeping it real. It will keep you in the game. Keep minimizing the distractions and the propaganda.
    Investors will love you for it. Sorry for the keeps. A poor substitute for Shelley or Keats; but attempted poetry in any case.
    20 Dec 2012, 12:04 PM Reply Like
  • Venerability
    , contributor
    Comments (3043) | Send Message
    As everyone who knows me knows, my particular method for trading is "Technical Analysis of Propaganda."


    It may not work in the very short term, when the Momo Players hold sway. But it tends to kick in soon afterwards, when untrustworthy reporting is quickly dismissed.


    It's distressing that we have so much bad and biased reporting these days, from the likes of Reuters and other sources which SHOULD be fair and balanced. But what can you do?


    I like this style of trading, because it's one thing the Robots will never do as well as human beings. Robots have "tin ears" by definition - as well as "tin speech patterns."
    20 Dec 2012, 05:08 PM Reply Like
  • TDWelander
    , contributor
    Comments (624) | Send Message
    Thanks. I did not know one of your primary functions is Technical Analysis of Propaganda; even though I have read about dozen of your snap shots. Since you like talking technical, I would urge you to investigate Fourier Analysis and La'place transforms.


    Fourier Analysis uses differential equations to evaluate what appear to be random wave forms (of course nothing is really random) coming up with 3 or 4 coefficients of the closest regression of the apparent random noise (machine noise) for a good mathematical curve fit of what is happening; one of the most impressive pieces of mathematics in existence. La'place transforms substitute the time domain t with an artificial domain s which is easier to mathematically manipulate; allowing very complex mathematical relations to be simplified and solved. Learn these two methods of mathematical analysis and no one will be able to touch you in technical ability. The applications in finance an economics are substantial.


    Of course you do not just jump into these mathematical analysis.
    Somewhere in the middle of the second year of calculus they
    start teaching differential equations; where you get the handle or the ability to do Fourier and La'place.
    21 Dec 2012, 03:08 PM Reply Like
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