Yamana Gold Inc. (AUY)

All Comments on AUY

  • commenter
    ChinaGold
    Mar 07 05:08 PM
    The Long Case for Minefinders Corp. [view article]
    Why don't you look at junior minors that are already getting the job done instead of pie in the sky like MFN?

    JinShan JIN.TO has $3.9B in proven Gold reserves and another $2B in inferred reserves selling for less then $3 a share, producing 10,000 Oz a month.     Reply
  • commenter
    User 106707
    Mar 07 01:48 AM
    Ian McAvity on the Economy and Gold [view article]
    I'm not clear about the 91-day T-bill play. Is the idea that the discount to face value when added to the nominal (and tiny) coupon will potentially support the current purchasing value of the dollar?

    Why not instead buy metals or high yielding oil trusts such as PWE (aprox 14% yield), or APL, a natural gas transport/processing company (approx 8% yield)     Reply
  • commenter
    misterchan
    Mar 07 12:10 AM
    Ian McAvity on the Economy and Gold [view article]
    Thanks for the wonderful article. I am involved with all the stocks you mentioned, except BVN, and I agree with you about S.A. mines as regards holding them, but with a little agility I have found that HMY and GFI can be traded. Also, when the gold is down and the gold stocks are down, these two march to their own drummer. You just have to like trading. Which I do. Thanks again for all the wonderful info, Ian. Reply
  • commenter
    sam @
    Portugal
    Mar 06 09:19 PM
    Ian McAvity on the Economy and Gold [view article]
    Yeah! it was great !! thanks

    Pattern Alert !!

    Yesterday Marc Faber said on bloomberg is was "the end of the world" (just to sum it up like the reported did)

    Today I read this interview

    Another article by Michel Rocard saying also that the worst has yet to come.

    so... I see a pattern for "the end of the world" so to speak...

    better get ready and prepare for the sell trigger on your videogame errrr.... trading application..     Reply
  • commenter
    User 30121
    Mar 06 06:30 PM
    Ian McAvity on the Economy and Gold [view article]
    I LOVED this Q&A. Marvelous! What about IM on the Economy and Silver? Can (or should) we individual investors "replace" gold with silver as a vehicle for store of value? Thank you so much! Reply
  • commenter
    McLarty
    Mar 01 12:15 PM
    My Website
    Getting Out of Leveraged Gold [view article]
    Derricson - Thank-you for your commentary, compliment, and addition of value to the conversation. I will keep posting.
    Smart Money - I didn't say "sell gold", I said, get out of leverage and into regularly bullish gold positions. Essentially, because i agree, we could see a pull-back here (Short term [weeks] and small [10's of $/oz])
    Sixpackistan - I agree, there are a lots of 'experts' most are wrong, that's because this isn't an exact science.

     Reply
  • commenter
    sixpackistan
    Feb 25 05:55 PM
    My Website
    Getting Out of Leveraged Gold [view article]
    I've been reading articles like this since 2002. First when it topped 375 then 400 then 500 then 600 then 700 then 800...the 'experts' have been wrong for a good five years now. I don't see the point in putting much faith in them based on their past record. Reply
  • commenter
    smart money
    Feb 25 11:03 AM
    Getting Out of Leveraged Gold [view article]
    Contrary to the author's comments gold will be going up for some time. We may see a small pull back in the weeks to come, but the inflation data that is soon to come out will not represent the interest rate cuts or the stimulis package passed by the gov. We will not see those inflation figures emerge till the end of 2008. So for know buy on the dips. Do not let people influence you to sell your gold! Reply
  • commenter
    Derricson
    Feb 25 02:17 AM
    Getting Out of Leveraged Gold [view article]
    I think everyone is taking this article in much the wrong way. Everyone seems to believe that gold will go up indefinitely during this leg. Yes it could make a much bigger move, but at this point in the move the risk is increasing with every dollar gold goes up, which is what Mclarty is saying. I have been following gold for over 6 years and it makes moves that brings out emotions that affect our trading habits and most of the time are not good. That is where you must watch out and evaluate where your goals lie.

    I got back fully into silver in Oct., just before the move and what a frustration it has been. Picking the right time and right sector does not mean that I will make money. That is where the gold/silver sector is at. A lot of stocks are showing weakness in this huge move and no involvement by the big money or for at least the small caps. Which could be from many different reasons but mostly nobody is buying and they are selling into strength even with large moves in the metals.

    To go on everybodys side, gold/silver will probably go up for the next couple years. But in the short term be careful, there must be buyers and there seems not to be any at the moment.
    Great article and informing Mcarty. Keep posting.     Reply
  • commenter
    atigrtrdr
    Feb 24 03:11 PM
    Getting Out of Leveraged Gold [view article]
    gold,as well as everything else will eventually top out, but not till most everyone is involved. this will probably happen in a big way,like 1980 when price >parabolic and parttime after school kid wonders where is best place to buy silverdollars
    Reply
  • commenter
    McLarty
    Feb 24 03:14 AM
    My Website
    Getting Out of Leveraged Gold [view article]
    I said, I'm getting out of *leveraged* gold positions, only to switch into less *bullish* positions. I didn't say I was shorting gold.

    I sincerely thank those who kept comments to level headed, adult, (not insulting) conversation. I appreciate your thoughts, as I hope you appreciate mine, in this open discussion we are so grateful to have available.

    To those who are kind of insulting: You're all reading a financial blog, it's an opinion, ease up. Personal attacks? Are you serious?

    JT, ten years ago, I was 13. Yah, I'm 23, want to laugh at me some more? I'm sorry, I didn't hear GATA "shouting it" when I was buying my first mutual fund. You're probably much more informed than me.

    Mr. Turtle, sorry it's a little hard to take you serious. Is that your real name? You couldn't be more wrong; I'm not "confused" or "out of touch with reality". However, you could call me uninformed (I'm an engineer) on the topic of gold (Which should be obvious when I thank somebody else for making me look into gold a year ago). One more thing, I've been all through Jim Sinclair's site, he is just like every other gold bug; extremely informed, and 100% bullish.

    Goodnight all, I humbly wish you all the best to you and yours,
    Jeff McLarty

    Disclosure - long gold...but will think twice about sharing my opinion again.     Reply
  • commenter
    Little
    Turtle
    Feb 23 03:33 PM
    Getting Out of Leveraged Gold [view article]
    After reading few of Mr. McLarty's articles it seems to me that he's a bit 'out of touch' with reality. That's ok, he's probably a bit confused and just trying to get some answers to his doubts.
    I totally agree with JT and will not add to it, but I would urge all the readers here to investigate more.
    There are not so many periods in recent history we can compare to and this one, going forward, could become really ugly.
    Do your research properly, perform your investigations seriously, maybe have also a closer look at recent cases like Northern Rock in UK and see how unethically and fraudulently the Governement is handling the situation. This might give a hint of what could happen in the U.S. -- and try to read it on british newspapers, since the americans are a bit manipulated, right now.
    Then, I suggest you go here: www.jsmineset.com/
    and you read this article, originally published on a british newspaper, the FT:
    America’s economy risks mother of all meltdowns
    By Martin Wolf
    Published: February 19 2008 18:21 | Last updated: February 19 2008 18:21
    Good Luck Guys.



    Reply
  • commenter
    ehart500
    Feb 23 03:53 AM
    Getting Out of Leveraged Gold [view article]
    Gold is the only currency to survive the millenia...I spent an hour reading several financial magazines, and newspapers at the airport today...they all made essentially the same old arguments against gold...because its been a poor investment over the last 25 years.

    Wow...how about looking at economically relevant periods in history...like the last 7 years? Or look at periods in time when gold did very well and compare economic conditions then to now...and compare?

    All the media gets the gold story wrong, telling people its risky, time to take profits at $400, er $500, er $600, er I mean $700, ummm at 800$ per ounce, oops I mean at $900,... oh never mind.

    Gold may be lousy in certain types of economic environments, but that is not an argument against gold..bonds are lousy in certain econmic environments also, but we dont hear the press eschewing bonds, (for the most part) ...]

    Real estate may be a lousy investment for nest ten years, so where are the experts calling for people to get out of their risky real estate and minimizing its place in your portfolio to 5%?
    Reply
  • commenter
    gaucho
    Feb 23 03:40 AM
    My Website
    Getting Out of Leveraged Gold [view article]
    The author makes the assumption that the US is the only player in the gold game. At one time this was true then the rest of the worlds economies grew up. Many like China and India have excess reserves and their people tend to hold gold more than Americans.

    China now has an inflation rate of over 7% and india is growing its money supply at over 20% and Europe is entering an inflationary period also.

    Add to this the US dollar is falling like a rock and many people around the world are looking for a safe place to put their money.

    No this is not a speculative bubble, but a long term trend based on world wide inflation and financial instability.     Reply
  • commenter
    01GTvert
    Feb 22 10:39 PM
    Getting Out of Leveraged Gold [view article]
    This author is laughable. I'll gladly buy all the gold he's selling at this point and he can have my worthless semi conductor stocks. The fact that the FED will continue to print an endless supply of FRNs coupled with the crash in the housing markets and consumer credit virtually garauntees PMs and commodities will continue to rise. Reply
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