Raw Greed

Value Investing: Going for the Gold (and Silver)

To Marc, I consider LMC a tremendous value at under $5. Considering the negative sentiment surrounding mining stocks I wouldn't be surprised to see further downside below $4. The Lundin family has a stellar record developing natural resource projects and they are large shareholders in Lundin Mining. The Lundin family has incentive to improve the share price. I believe the Congo project, with increased cost estimates, is weighing down on LMC. Freeport has agreed to finance any overruns in the cost estimate originally given to Lundin Mining at favorable terms.

As far as CDE, I believe the stock is a favorite of precious metals shorts. CDE is prone to heavy volatility. If you hold onto your believe that silver is in a long-term uptrend, CDE is a great place to be given that they are poised to be one of the largest silver miners in the world. Bolivia is being developed at a timely pace and the performance of CDE is centered around the short-term fall in silver prices.

I've posted more detailed analysis in the past about LMC and CDE on my blog.

Cheers.

Value Investing: Going for the Gold (and Silver)

Dear All,

I didn't republish the article on my blog.

Best,

Andy

Gold Prices in for Short-Term Rise, According to 'Gold to Oil Ratio'

I posted a new image of the historical gold to oil ratio on Raw Greed.

Using the Gold to Oil Ratio to Monitor Gold Equity Investments

Arcturus, there has been a historical relationship of oil to gold. They tend to rise in line with each other. The article is meant to point out that gold has potential upside to $1200 levels for the 10:1 ratio to hold true. I've written and invested in NXG in the past.

Johngonole, the September 2006 article points out that I suspected gold would continue to rise. You are correct that inflation and hyperinflation will cause both gold and oil to rise. The articles objective is to point out that oil was/is rising dramatically out of line compared to gold.