Celgene Corporation (CELG)
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Recent CELG Articles
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Gold's Just Getting Started - Barron's Interview [view article]
Chan ... I had to quickly look up the value on US Eagles, which is $50 for a one-ounce coin. How about that? ReplyGold's Just Getting Started - Barron's Interview [view article]
Chan ... an answer to your coin denomination is also available in the FDR research. Ever after FDR confiscation, the denominations are always valued much lower than the prevailing gold content price. Makes sense, doesn't it? ReplyGold's Just Getting Started - Barron's Interview [view article]
David ... as for the precedence of gold confiscation, you can research what our darling president FDR did back in his days. He confiscated all the gold! So, while I'm strongly in favor of physical gold, the caveat emptor of confiscation will encourage a moderation. ReplyGold's Just Getting Started - Barron's Interview [view article]
To David, and, I believe, a few others: If you own coins with collector value, the government cannot get them. Because coins with numismatic value all differ in price and fall into another category, whereby each coin is valued individually. And not just for the gold content. I read all of your 16 comments, some of them very clever, and was amazed that not one of you mentioned this fact. ReplyGold's Just Getting Started - Barron's Interview [view article]
You can buy the yuan through some forex houses, such as oanda. ReplyGold's Just Getting Started - Barron's Interview [view article]
Hi Publius Valerius,One answer to your question on how to invest in Chinese Yuan is to purchase ADR's of profitable companies that have assets priced in Chinese Yuan and revenue in Chinese Yuan.
At this moment the prices of these ADR's are still behaving as if they are US shares, but sooner or later investors will recognize their intrinsic value and re-price them on the US exchanges.
Meanwhile, as the value of their US$ price erodes, they are becoming bigger and bigger bargains. Reply
Gold's Just Getting Started - Barron's Interview [view article]
I agree with jt ETFs are not the way to goif you wanna own gold. Sure, it's convenient,
there is little spread, you don't have to worry
about storage, but at what cost???
You're basically handing money over to an
entity, giving control over to them, in return
for a paper claim to the gold which may or may
not be there. This was a great idea for the gold cartel to absorb the recent growing investment demand for gold without having to give in to physical delivery.
For those of us with investment assets in the hundred thousand dollar range, you need to own
physical gold to protect yourself. You never know
if tomorrow everything's gonna go to crap and Bush signs an executive order banning gold ownership - "for the good of the country". This has happened before in 1933, and lasted some 40 yrs. So it could happen again. Basically you'd have to take your gold and move out to some other country like switzerland for safe keeping. Reply
Gold's Just Getting Started - Barron's Interview [view article]
It is clear in this current environment, gold -physical gold only can offer protection for the
little guy.
Here is a passage from "The Battle for Investment Survival" from Gerald M. Loeb - pp. 22
In the history of the world we find the record of savings really saved through buying gold, hoarding precious stones, and other forms of "hard wealth" privately secreted. In the future history of America most of us will, in my opinion, learn this lesson too late...
Curiously, it is those of slight wealth who need this sort of protection rather those of great means, who can really suffer large depreciation without feeling the loss. And it is usually the latter who are best fitted to cope with the problem... " Reply
Gold's Just Getting Started - Barron's Interview [view article]
re: gold as a safe haven: as with all other forms of property/money/other assets gold's value is not intrinsic but depends on what others will give you for it. unlike food, shelter, gasoline, etc in and of itself it isn't particularly useful for the individual. the problem with actually physically owning it is: what do you do with it? if you want it for "rough times" then sooner or later you will have to relinquish it either by exchanging it for increasingly worthless greenbacks in order to buy the stuff you need or bartering it directly for the stuff you need. physical gold like dollar denominated debt or a way-overvalued growth stock is subject to the greater fool theory. but as a permanent personal holding tucked away in some safe deposit box or under your mattress, what's the point? unless it makes you feel safer. frankly, in that regard a gun is more useful than gold and during "rough times" if your neighbors think you have gold--you'll need that gun. ReplyGold's Just Getting Started - Barron's Interview [view article]
A bad dream? The huge short cant cover, the insurers fail, gumitt panics as a complete collaspe of Comex,crap hits the fan, phyical metal holders hold all the trump cards, the head monkey slings crap at his cartel for,takeing away his thone, he has managed to sit,controling his slaves, now the slaves have the freedom from credit interest, bankers, and the now free slaves return to true money without the cartels. What a dream!!!! ReplyGold's Just Getting Started - Barron's Interview [view article]
David...you obviously know everything there is to know about...well, probably just about everything. So I wouldn't want to bore you with anything else little ole me might happen to know, which I doubt you'd listen to anyway. So...as someone infinitely more wise than I once said--"He who has ears to hear, let him hear."BTW...just read this about what's happening in Vietnam...and which I believe will (and probably is already starting to) become more widespread: prices of goods in some of the markets, esp in the larger cities, is being adjusted to the price of gold. Those who've never really lived under a gold standard really don't understand what it means and believe it can't and won't happen again. The sheeple people of this country esp have been brainwashed to think that gold is a "barbarous relic" (as opposed to what it really is...the ULTIMATE world currency). That's what the Fed and other Central Bankers want people to think so they can continue their theiving reign...lending "money" to the Treasury...non-existen... infinite, electronic money...in return for interest payments, which the working class--that's US-- has to pay..."something for nothing, and their chicks for free." MTV's not the only way. jt
Reply
Gold's Just Getting Started - Barron's Interview [view article]
For one,mirrors are made using silver,and silver will not be confiscated as gold may and has been. The coins are already government issue, thus recognized pure silver and would be accepted by all over paper with true value. Read Theodore Butler and argue with him. ReplyGold's Just Getting Started - Barron's Interview [view article]
To jt and ITSEARL (and the many others of a similar mindset), I pose a question:If the "gummint" makes it illegal to trade in gold/silver or possess the physical metal -- however unlikely that seems to me -- exactly how will physical possession benefit you? Will you be able to take your ingots to the grocery store and cut off a few slivers for bread and milk, or cut off a piece to buy gas for your vehicle? I think not.
If you believe that upon the continued disintegration of the dollar, there would emerge an underground economy where gold/silver are the currencies that are trusted in, I suspect that you have no experience in working in an underground economy, or in any other activity that is proscribed by the government with penalties, prosecution, and jail time involved.
Go out any try to purchase a small amount of heroin, cocaine or even pot, and phone me from your jail cell to tell me I was right. Yes, such activities do take place, and even flourish in some places, but in the mainstream, they do not. Dealing in illegal items is a tricky business. You've been living too long in a free society if you believe otherwise, and are naive fools.
If precious metals are to provide any benefit at all, it is in their purported ability to hold their value while the fiat currencies inflate away to a tenuous nothingness. XTFs or coins from the local coin store (huge markup included) maintain their value by being able to be traded. If one cannot trade something, its value is limited to its usefulness to the owner. If you don't own a boat, and can use it as keel ballast, I think the things gold in particular can be used for (jewelry is another) is pretty limited.
And for that matter, if "the gummint" bans physical possession of gold, exactly how do you think they would confiscate all the gold jewelry that is spread throughout the population? Would they confiscate gold fillings? Is ANY of this reasonable or is there ANY historical precedent within this country for such nonsense? I think that confiscation of gold and/or silver, or even the simple banning of trading in such items is about as likely as making gun ownership illegal and confiscating all the guns in our heavily-armed nation. It simply ain't gonna happen, no matter how much some would prefer it, or others think that it will occur.
For the record, I own some gold XTFs and gold mining mutual funds, although I'm seeing a point down the road (possibly this year) when we see a periodic spike in the price of gold and it collapses back for another 20 years. I'll be selling then (I hope, timing is a dicey game), and I'm hoping y'all will still be buying at that point. Reply
Gold's Just Getting Started - Barron's Interview [view article]
I really think SeekingAlpha needs to put disclosures of ownership by these 'guest' recommendations. This article seems to be a classic case of 'talking your book.' ReplyGold's Just Getting Started - Barron's Interview [view article]
Suggest you buy silver bars,Maple Leafs,& Eagles. Since most humans like shiny things like the pack rat does,go for the leafs with the higher face value in Canadian currancy. Take a look at ITRO (Itronics) I own some. It is for small wallets. Reply