AngloGold Ashanti Ltd. (AU)
Loading...
Symbols:
AU Forum Topics
- All Comments on AU
- General Discussion on AU
- Gold Is Set to Regain Its Shine [view article]
- Challenges in Gold Mining [view article]
- Leveraging Up on Precious Metals Ahead of Fed Meeting [view article]
- Darrell Brookstein on Gold: Just a Pullback in a Bull Market [view article]
- 'Panics Do Not Destroy Capital' [view article]
- Chart: Gold Stocks - Annual Revenue Growth [view article]
- Neil MacDonald: What Will Jumpstart the Junior Miners? [view article]
- Follow the Ring of Fire to Gold's Geological Hot Spots [view article]
- 20 Guidelines for the Individual Investor [view article]
- West African Gold Presents Plenty of Mining Opportunities [view article]
- Is it Finally Time to Sell Gold and Related Mining Stocks? [view article]
- Gold Stocks: Too Much Speculative Risk for My Taste [view article]
loading ...Recent AU Articles
- Gold Is Set to Regain Its Shine
- Challenges in Gold Mining
- Darrell Brookstein on Gold: Just a Pullback in a Bull Market
- 'Panics Do Not Destroy Capital'
- Neil MacDonald: What Will Jumpstart the Junior Miners?
- Chart: Gold Stocks - Annual Revenue Growth
- Chart: Gold Stocks - Gross Profit Margins
- Chart: Gold Stocks - Annual Earnings Growth
- Chart: Gold Stocks - SG&A Margin (MRQ)
- Chart: Gold Stocks - Normalized Net Profit Margins
- Full List of Articles »
Trading Center
Hedge Fund Jobs
Job Seekers: Search jobs by category, get job alerts by email or live feed, apply online See full list of jobs »
Employers: See all recruitment options, get applications online or by email Post a job »
Darrell Brookstein on Gold: Just a Pullback in a Bull Market [view article]
Yes ,yes longhaul - you tell'm.. I wish Mr. Brookstein had mentioned Northgate, NXG. This is the most frustrating stock EVER. Would somebody please , please tell me how a co. producing 400k gold ,unhedged, in safe areas be at $1.60. How? That is $320MILLION in rev per year and more coming from YD property. Please somebody send me an email @ racngc@bellsouth.net explaining what I am missing here. Thank you. ReplyDarrell Brookstein on Gold: Just a Pullback in a Bull Market [view article]
Dear User 244491; I understand your loss and frustration. This is what happens if you base your decisions on emotions which is an obvious problem you have. Be honest with yourself and examine the fundamentals of your approach, learn from your mistakes, and join the winning team. ReplyDarrell Brookstein on Gold: Just a Pullback in a Bull Market [view article]
Another loser propping up his stocks,just look at his face,how hungry and angry he is to get out of bleeding position on the way to unload it to you on a bounce.Stay away from Gold for good. Reply'Panics Do Not Destroy Capital' [view article]
rabbits come out of hats, cats come out of bags ReplyChart: Gold Stocks - Annual Revenue Growth [view article]
This information has dust on it ReplyMarket
Trading
'Panics Do Not Destroy Capital' [view article]
We're seeing a deleveraging of the consumer and these bulls are out of control. Sure we all want things to get better but there is no need to be premature when it comes to getting long this market. Ultimately when everyone gets back from the beach in Sept we'll see the selling start again. It's unfortunate that CNBC is always telling the public to buy buy buy! Reply'Panics Do Not Destroy Capital' [view article]
To be blunt - if you don't even know the provisioning levels/forecasting models of the companies you bash and trash how do you determine they are in an unenviable position? You might be underestimating someone like Ken Lewis of BofA who cut his teeth as a credit analyst and has a company that has managed very well through some conservative reserve building, and obviously navigated much better than you had expected judging by some of the short positions you took. A good read of the provisioning would be in order and then some basic DDM valuation modeling before you jump to the conclusion that everything financial is over-valued carte blanche.The fact that more people will be using CC's for a while and re-learning how to manage their finances is not necessarily a bad thing for BofA Reply
Neil MacDonald: What Will Jumpstart the Junior Miners? [view article]
Who in their right mind would invest in the junior miners when we have such goings on with Aurelian Resources being taken over by Kinross at currently about $4.50 backed by worthless warrants! The shares are worth at least $20 and the area, including the best gold find in the last twenty years, has hardly begun to be explored. Just follow what the small retailers are saying at agoracom.com (ARU), some of these small investors are long term owners of Aurelian and they are having difficulty coming to terms with the dastardly and shameless actions of their own management. ReplyDavis
'Panics Do Not Destroy Capital' [view article]
Dear Readers,Panics to not destroy capital. Panics simply put a lender on notice as to how many bad loans they have already made. For instance, in California when thousands and thousands of (bad) loans were made to high risk borrowers, that was the point where capital was lost. Now that the financial market is approaching the "Panic" stage (and things will get worse before they get better) lending institutions are simply realizing now how much capital that has been put into "unproductive works."
While some readers will contend that it is a good business to see their fellow American in a debt ridden situation, and finally relying on credit cards for necessities, it is a perilous position for the companies and borrowers who are involved in this practice.
Finally, I firmly believe credit card issuers (and any other loan originators for that matter) and their clients have a business relationship. However, should the clients fall upon hard times (see the state of the U.S. Economy) credit card underwriters are in an extremely unenviable position.
Respectfully,
Brian A. Davis Reply
'Panics Do Not Destroy Capital' [view article]
looks like the authors puts have done poorly - you have to wonder why these guys can do fundamental research on the stocks they bash... Reply'Panics Do Not Destroy Capital' [view article]
Sorry but that's ridiculous. Fear can destroy capital. End of story. Reply'Panics Do Not Destroy Capital' [view article]
I cancelled my BAC credit card when I found out they were issuing them to illegal aliens. BAC deserves what they get if all those cards go SOUTH, so to speak. ReplyLathrop
'Panics Do Not Destroy Capital' [view article]
Frank - if the Democrats get voted into Congress and President Obama repeals the Bankruptcy Reform Act of 2005, will your opinion change? Reply'Panics Do Not Destroy Capital' [view article]
I guess I see things a little different then you. The damage has been done and people are correcting it now. There is no chance of more debt --credit card or any other kind. People are paying down debt (where most of the stimulus went). Saving will go up and debt down during this correction. Yes bankruptcy is getting rid of debt.I look at this correction as a positive.
Using credit cards does not mean more debt. I buy everything with credit cards and have NO debt. Besides I get a large check from my credit card each year.
You assume everyone is stupid---not true. Reply
'Panics Do Not Destroy Capital' [view article]
Credit card underwriting is based on the ability to pay, sumprime, no underwriting standards. credit card- high barriers to entry. Mortgage lending - no barriers to entry.Mortgage messes are expected. rising home prices made homebuilders rish, then they build more until we had too much inventory, then the bottom felt out.
Credit card business are entirely different. few large rational players. During last two recessions, profits in industry did not get affected.
Your linear thinking is absurds Reply