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  • On Buying Silver Because Of The Gold To Silver Ratio  [View article]
    Abundance in earth's crust is not very helpful for investment purposes. Platinum's abundance in the earth's crust is 0.003ppm (more abundant than gold), but production of platinum in 2011 was 192 tonnes vs gold's 2700 tonnes. Silver had a production in 2011 of 23,800 tonnes. How much of that silver went to industrial use, never to be recovered? Half? What is the ratio of gold/silver produced when you take into consideration industrial use. The graph you cite clearly has the gold/silver price ratio headed down. Your thesis is shaky. Ignore historical gold/silver ratios at your own risk.
    Mar 4, 2013. 06:03 PM | 2 Likes Like |Link to Comment
  • On the hour: Dow -1.1%. 10-yr +0.33%. Euro -0.35% vs. dollar. Crude -1.2% to $91.42. Gold -1.43% to $1719.75.  [View news story]
    Oct 19, 2012. 12:01 PM | Likes Like |Link to Comment
  • Hospital operators are soaring following the Supreme Court opinion validating most of the Healthcare Act, although they're down from intial highs. HCA +6.5%, CYH +7.9%, UHS +2.85%, THC +6.9%, LPNT +4.4%.   [View news story]
    So much for "reform"
    Jun 28, 2012. 01:04 PM | Likes Like |Link to Comment
  • Express Scripts (ESRX +3.3%) completes its $29.1B purchase of Medco (MHS -1.3%) following the FTC's approval of the deal. Three senior Medco execs will join Express' top team, although that doesn't incldue Medco CEO David Snow. Despite its dispute with Express, Walgreen's (WAG +2.3%) contract with Medco will be honored.   [View news story]
    "Walgreen's (WAG +2.3%) contract with Medco will be honored."

    Until it's renegotiated.
    Apr 2, 2012. 12:49 PM | Likes Like |Link to Comment
  • Silver Is The Restless Metal  [View article]
    Silver is a double edged sword (money/industrial uses) and these are unusual times with unusual central fiscal stimuli. It remains to be seen whether the present inflation and coming inflation is similar to past inflations. I doubt it. I also doubt that energy/oil prices are going to decrease much. What about the combination of increasing energy costs and increasing fiat monetary base? I'm going to go out on a limb and predict silver will do just fine.
    Mar 15, 2012. 02:42 AM | 1 Like Like |Link to Comment
  • The Employment Recovery Is Real  [View article]
    Good news is good news. It just doesn't make the bad news disappear, ie multiple sovereign debt crises, plural.
    Mar 9, 2012. 01:34 PM | 2 Likes Like |Link to Comment
  • Platinum Looks More Compelling Than Silver  [View article]
    Silver is money.
    "The British pound derives its name directly from the fact that a British pound was once considered to be worth one pound of sterling silver. Over 14 languages use synonymous terms for silver and money. In fact, the U.S. dollar prior to the Civil War was also backed by silver."
    Mar 8, 2012. 04:18 AM | Likes Like |Link to Comment