A 10% Correction in Gold is a Good Thing [View article]
You've got a very clear picture of what is really happening here with this commodity. I agree 100%. Now the question is when will it resume it's climb above $1000?
Fed Rate Cuts Backfire, Lift Gold and Oil into Orbit [View article]
Tony C, your comments on geothermal are spot on. However, your comment about solar is wrong: "and talking about solar that can't generate more than 5% either (and much of which cannot be built because the world supply of the exotic metals needed doesn't exist)" is not correct. Sand is the basis for mono and poly silicon. Sand is plentiful. And China is aiming at solar to provide 20% of it's electric needs by 2020. Why can't the US do the same?
Weapons of Financial Mass Destruction [View article]
Articles like this are what Seeking Alpha needs more of.
Weapons of Financial Mass Destruction [View article]
Articles like this are what Seeking Alpha needs more of.
What the Fed's Latest Decision Means for Investors [View article]
Kinross Gold Buys Aurelian Resources [View article]
And even then who knows how much will be paid in taxes to this dictatorial country.
And what happens if their dictator decides to nationalize (takeover) the gold mines.
I see nothing but lots of potential downsides to this deal. Extremely risky. Wouldn't touch this stock now with Mark's ten foot pole much less mine.
I feel for you Mark, this used to be one of my favorite gold stocks to own.
A 10% Correction in Gold is a Good Thing [View article]
Fed Rate Cuts Backfire, Lift Gold and Oil into Orbit [View article]
However, your comment about solar is wrong: "and talking about solar that can't generate more than 5% either (and much of which cannot be built because the world supply of the exotic metals needed doesn't exist)" is not correct. Sand is the basis for mono and poly silicon. Sand is plentiful. And China is aiming at solar to provide 20% of it's electric needs by 2020. Why can't the US do the same?