Seeking Alpha


Send Message
View as an RSS Feed
View superdog683's Comments BY TICKER:
Latest  |  Highest rated
  • Ben's 2014 Guide To Precious Metals Investing [View article]
    just lookup coin show online and find one near your location.

    walk around to different booths and just ask what are you stuck with.

    what do you have close to scrap??

    its that simple. dealers will tell you what they have too much of or would like to move. they tend to save the premium items and hold for max value.
    the stuff they get in bulk or stuck with from large estate sales etc. they want to move asap.

    often they will say I don't have what you want but bill over there is knee deep in old krugerrands.

    note I don't have much extra $ so I shop when its slow toward end of show
    I stopped at 15-20 booth but a guy sold me 2 krugerrands for $5 over spot
    Mar 17, 2014. 03:25 PM | 1 Like Like |Link to Comment
  • Avino Silver And Gold Mines: The Perfect Growth Story [View article]
    ques. why would the company wait so long to process the tailings.

    I would see that as money lying on the ground, pick it up and use it to fund operations etc.
    Mar 17, 2014. 02:57 PM | Likes Like |Link to Comment
  • Avino Silver And Gold Mines: The Perfect Growth Story [View article]
    my only issue with asm is the info. avail. looks too good.

    I see POS miners all the time with market caps bigger and huge capital losses for as far as one can see.

    this miner has 3 different issues that will make it profitable.
    its in production, this alone is huge.

    in fact this micro-cap looks better than 80% of the major silver miners

    so what are we missing?? why is this stock at 2 bucks??
    Mar 17, 2014. 02:57 PM | Likes Like |Link to Comment
  • Avino Silver And Gold Mines: The Perfect Growth Story [View article]
    nice info on some different miners, huldra I cant say not enough info avail. for me.
    asm claims to have a large tailings pond from 1980s and back.
    old tailings were not processed as efficiently as current. if the tailings contain significant amount of metal (as claimed) I would think this is a lot cheaper and easier to process than mining. plus I would think they can test the tailings and have a predictable amt. of metal??

    do you have any additional info on those tailings? you visited the mine so you may have a decent idea how valid the claim is.
    Mar 17, 2014. 02:57 PM | Likes Like |Link to Comment
  • Gold: A Bright Shining Lie? [View article]
    i agree and a reply i sent above talked about some of the distortions the usa and reserve currency may have caused, esp. the past 30 years.

    i would argue gold does not go up. gold stays the same it dosent gain or fall. different currencies rise or fall in relation to gold.
    for 5-10 thousand years gold and silver have been pretty consistent with exception of when large new deposits appeared or large deposits were with drawn from world market.

    if you owed gold from 1910 to now it has maintained its purchasing power, you did not lose or gain.
    if you owned $20 in paper in 1910 and held till today it lost one hell of alot.

    divide 20 by 1500= 0.013 cents
    Apr 18, 2013. 08:52 PM | 1 Like Like |Link to Comment
  • Gold: A Bright Shining Lie? [View article]
    i liked the article.

    i see how gold tends to not agree with a lot of different economic factors
    but i would like to an article written that looks at money supply
    and reserve currency status.

    what i am getting at is imo gold is very distorted and does not make sense over past 30 years for two factors.

    one: the success of the usa and the dominance of the dollar, one could make the case that the dollar was so strong and universal throughout the world that it displaced gold.

    two: the success of the dollar allowed the usa to "get away with"
    and perform above normal growth.
    the usa was able to print dollars and issue debt and derivatives for over 30 years without a drop in confidence and with little inflation.
    the main example of this is how black markets around the world used and absorbed dollars. many govt bought, held or used dollars and usa bonds.

    no one can predict when the usa will lose reserve currency status.
    but the moment people lose faith and redeem dollars the inflation and dollar value drop could be severe.

    i believe there are a dozen factors that influence gold behavior.
    and many would so a correlation if it were not for the distortion i mention above.

    further if one went back 3000 years i think but don't know if one would see a similar distortion when ever a dominate super power existed and gold was compared in their currency.
    ie greece, rome, denmark, spain france and england.

    might make for good article but the data and scope would be a pia. to assemble in a useful accurate manor
    Apr 18, 2013. 08:25 PM | 2 Likes Like |Link to Comment