AngloGold Ashanti Ltd. (AU)

All Comments on AU

  • commenter
    Apr 04 09:34 AM
    Gold Stocks: Too Much Speculative Risk for My Taste [view article]
    Does anyone know what the value difference is between .999fine and .9999 is? Reply
  • commenter
    Apr 04 04:55 AM
    My Website
    Gold Stocks: Too Much Speculative Risk for My Taste [view article]
    Okay i could have sworn on my life that gold was said to be respected becuase of its non volatile nature? so that yes in bad times it goes up and in good times it stays stable. despite being supressed by many human factors *cough federal banks. yet your saying that a) its speculative (high growth wise yes maybe) and b) its volatile. sorry thats not how it is. if you invest in gold then you invest for stability that is the point. oh and the way you invest seems to be soley on tools by the way. it doesnt seem to me like you have a clear understanding as to why anyone of your statistics are the way they are. one reason is that all those companies are growing companies that are funded through debt they arent concerned with capital but rather growing. Gas and merley the cost of producing higher quality gold is also affecting its prices. Reply
  • commenter
    Apr 03 06:50 PM
    Gold Stocks: Too Much Speculative Risk for My Taste [view article]
    Rereading his last paragraph...how is gold more volatile then any other asset class? Real Estate doubled or tripled, then crashed. Financials exploded...then went (Bear Sterns) bankrupt. ALL asset classes are volatile these days, just as a inflationary cycle predict...money sloshes around from asset to asset. You can predict the price of gold in two questions: What is world M3 growing by and will congress continue to spend us into oblivion.
    Note: I also don't think gold will rise forever, but we're only in the 2 or 3rd inning people.
    Reply
  • commenter
    Apr 03 05:51 PM
    Gold Stocks: Too Much Speculative Risk for My Taste [view article]
    re: the authors comment on timber; - trees, 'they just keep on growing' , says a lot about the authors lack of reasoning. they may keep on growing, but, not fast enough to compensate for the amount being hacked down. i could go on, but, why bother Reply
  • commenter
    Apr 03 05:02 PM
    Gold Stocks: Too Much Speculative Risk for My Taste [view article]
    I DON'T KNOW MUCH, BUT; I WONDER WHY HE FORGOT TO MENTION THAT KINROSS GOLD DID PAY A DIVIDEND, ABOUT 2 WEEKS AGO? Reply
  • commenter
    Apr 03 02:58 PM
    Gold Stocks: Too Much Speculative Risk for My Taste [view article]
    gold stocks are very difficult to analyse,
    All mines practice "yield management"

    All ore bodies are variable in the amount of metal in a ton of ore.
    when prices are low they mine the "rich" ore,
    when prices go up they mine the lower grade ore.

    The idea is to maximise the value of metal mined
    OVER THE LIFE OF THE MINE.

    Mining companies tend not to be transparent about
    what their plan for the year is,
    and I haven't seen an analyst who has the info
    or smarts to figure this out.
    Reply
  • commenter
    Apr 03 12:46 PM
    Gold Stocks: Too Much Speculative Risk for My Taste [view article]
    You're missing a crucial factor of inflation and double digit M3 growth GLOBAL. The CPI is fiction, a Frankenstein of an index that systemically removes or modifies anything that goes up in price. Homes in this decade have been speculative, gold is in the early portion of a bull market. Bill Fleckenstein said it perfectly...in a social democracy...all roads leads to inflation. Inflate or Die!

    Agree with structuring around peak oil but oil/gas will also rise with the inflationary cycle.

    Gold is Money!
    Reply
  • commenter
    Apr 03 12:35 PM
    My Website
    Gold Stocks: Too Much Speculative Risk for My Taste [view article]
    No where in this article does the writer refer to himself as an "expert," let alone "so called expert." Seems to me Happyleader's comments in part are a case of the messenger being attacked rather than the message. Referring to someone as a "so called expert," and using language such as "why would anyone give even 2 diddlies" about this person, advance no argument and encourage no rational discussion of the subject. Reply
  • commenter
    Apr 03 11:48 AM
    Is it Finally Time to Sell Gold and Related Mining Stocks? [view article]
    thanks for the feedback. jt, so you are saying to buy gold or silver physically and have it shipped to me? if that's correct then what would be the next step to sell it if I made a profit? who would I sell it to, the same place I bought it? My dad told me to buy kruggerrands also, so I think that's what I'm going to do. Thanks again.... Reply
  • commenter
    Apr 03 09:31 AM
    My Website
    Gold Stocks: Too Much Speculative Risk for My Taste [view article]
    I agree with your natural resource investment idea, and yes gold stock is speculative. But if you believe in the fundimentals you can speculate and should but not with the majors you have listed. The mid tier and junior stocks have much more upside potential. Reply
  • commenter
    Apr 03 09:07 AM
    Gold Stocks: Too Much Speculative Risk for My Taste [view article]
    Given that this so-called "expert" admits that he totally missed out on gold's recent spectacular increase in price, why would anybody give even 2 diddlies what his opinions are? In addition, he says that an investment in gold today is a hedge against inflation. Is there ANYBODY out there who doesn't believe with all the US $ being printed and thrown around in bailouts, and the obscenely low interest rates, that we're not at the beginning of an inflationary cycle? Reply
  • commenter
    Apr 03 01:35 AM
    Is it Finally Time to Sell Gold and Related Mining Stocks? [view article]
    dowdy...I wouldn't buy a thing from Kitco...there prices are not very competitive and their charges for shipping, esp of silver, are outrageous. Kitco is a decent site for information, but IMO not for buying silver/gold coins/bullion. On top of that, John Nadler, who works for Kitco and is considered their "analyst" is a "goldbear" in sheep's ("goldbug") clothing. He must have some connection with the anti-gold Cartel, b/c he finds every opportunity he can to trash gold and goldbugs while pretending to be pro-gold. And he mocks GATA, despite the fact that they/Bill Murphy have been absolutely on the money for 10 years now concerning the suppression of the prices of gold and silver by the Fed and the Western Banker aided by their bullion bank lackies such as JPMorgain4Elites and GoldmanSuchs....

    If you haven't bought yet, I'd first make sure you have at least some store of actual physical silver and/or gold. The easiest and cheapest to buy in terms of minimal to no premium over spot price is "junk" silver, ie, bags of pre-'65 silver coins (dimes/quarters/half dollars). They are sold by $10/$100/$1000 face value, eg, 1000 pre-'65 dimes would be $100 face value. Every $100 face value of those coins contains 71.5 oz silver. So you multiply 71.5 time the spot price of silver and that will give you value of the silver in the coins with no premium. I have bought a number of $10 and $100 face value bags from bulliondirect.com, using esp their NucleoExchange to put in bids, esp when price is getting taken down. In that way I have not infrequently been able to buy them actually at a DIScount to spot price of silver. You can also check with your local coin store. I would also recommend buying 99.99% pure silver 1 oz rounds...no numismatic value and the smallest premium to spot price.

    If you want gold, you can go buy 1/10/100 oz bars...or 1 oz bullion coins, such as Canadian Maples, or Kruggerrands, etc. To get an idea of prices, check some place like bulliondirect.com and look at NucleoExchange to see what the bids and asks are.

    I would do this before even considering buying mining stocks. Then I would recommend buying a subscription to the newsletter of someone like Jay Taylor or Doug Casey to get some good recommendations on good junior explorers, etc.
    Reply
  • commenter
    Apr 01 08:12 PM
    My Website
    Is it Finally Time to Sell Gold and Related Mining Stocks? [view article]
    Checkout Kitco.com You can buy everything there and get great commentary. I like to sell gold stocks after the morning run up, after Asia buys gold and New York starts selling it. Reply
  • commenter
    Apr 01 06:18 PM
    Is it Finally Time to Sell Gold and Related Mining Stocks? [view article]
    hi all, I'm new to this and want to invest in gold, but I am a little confused about buying stock in gold or gold it self and how to do it or what to buy. Help... newbe Reply
  • commenter
    Apr 01 04:53 PM
    Is it Finally Time to Sell Gold and Related Mining Stocks? [view article]
    I have to agree with all the bull sentiment.
    Central banks in Asia and the Middle East are sitting on uncomprehensible quantities of USD's and it would be prudent on their part to load up on the metal in this pullback trying to avoid the sinking ship of the USD. With their multiples, every ten-thousandth of a point loss in dollar value has real value consequences on their side.
    I do have to admit that my stock positions with mining companies has dissapointed me over this push. I vaguely remember Newmont rising to over $70 a couple of years ago while gold was breaking new ground at $550. Now we just had $1,000+ and it sat there at under $50.
    I've heard a lot of people mention rising production costs but its not nearly as high as is being talk about. My impression is that the gold producers are clearing the deck for higher prices to come, and in the comming quarters results will begin to hit the P&L's.

    I'm sticking to my instincts on this one.

    order to diversify.
    Reply