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vaag

vaag
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  • Investors have been voracious buyers of silver and silver miner ETFs on QE-infinity, and when silver is outperforming gold, it is usually a bullish sign for the entire precious metals complex. Physically backed silver ETFs (SLV, SIVR, DBS) have jumped 23% in three months; silver miners (SIL, SLVP) are up 22%-plus. Physical gold (GLD) added ~10% and gold miners (GDX) ~15%. [View news story]
    Wait for Obama to win this Nov. Your silver will be officially declared to be the governments silver.
    Sep 24 12:15 PM | 1 Like Like |Link to Comment
  • Statoil (STO) says it will lose ~$19M/day due to a strike by offshore workers, and that deliveries to customers could be disrupted. The Oseberg Field Centre and the Oseberg South and Oseberg East fields in the North Sea will be shut down; production also will cease at the Heidrun field in the Norwegian Sea. STO -1.7% premarket.  [View news story]
    Am a retired aircraft mechanic.
    Jun 25 01:04 PM | Likes Like |Link to Comment
  • Statoil (STO) says it will lose ~$19M/day due to a strike by offshore workers, and that deliveries to customers could be disrupted. The Oseberg Field Centre and the Oseberg South and Oseberg East fields in the North Sea will be shut down; production also will cease at the Heidrun field in the Norwegian Sea. STO -1.7% premarket.  [View news story]
    Would like to know why they are on strike? I heard STO paid its workers well.
    Jun 25 01:03 PM | Likes Like |Link to Comment
  • Precious Metals Prices Kick It Up After Economic Reports [View article]
    You may be right or may not be right.
    Jun 5 09:38 PM | Likes Like |Link to Comment
  • Off 1.3% to $1,535, gold is at its YTD low and looks to be testing a key support level hit in September and again in December. Beneath that looks to be a lot of air. It's more volatile cousin silver, -2.4% to $27.40, is forming a similar chart pattern.  [View news story]
    Just wait until after the election; it could be a new ball game. All the old numbers and theories will have to be revised if B.O. is re-elected. Many bad things could happen quickly.
    May 16 02:44 PM | 1 Like Like |Link to Comment
  • General Electric (GE): Q1 EPS of $0.34 beats by $0.01. Revenue of $35.2B (-8% Y/Y) beats by $500M. Shares +0.9% premarket. (PR)  [View news story]
    When Europe and the Euro finally fall apart, when the U.S. Dollar starts to drop like a rock while inflation soon soars, when big contracts are cancelled because of future worries, then how many pennies can GE conjure up to show how great they're doing?
    Apr 20 11:34 AM | 1 Like Like |Link to Comment
  • Pfizer (PFE) closes in on a deal to sell its infant nutrition business to winning bidder Nestle (NSRGY.PK) for at least $9B, according to the WSJ. A deal could be announced as soon as next week. Shares of PFE -0.2% AH. [View news story]
    I don't trust the stock now. Too many patents soon to be history.
    Apr 17 11:26 PM | Likes Like |Link to Comment
  • Gold shoots out of a quiet trading range it's been in for the last 48 hours, leaping 1% in the past minutes to $1,670/oz. GLD +0.7%. Silver is on the move too, leaping $0.55 to $32.05/oz. SLV +2%.  [View news story]
    WHAT RECOVERY? Not economic for sure.
    Apr 12 08:34 PM | 1 Like Like |Link to Comment
  • Mitsui Precious Metals strategist David Jollie says the high margins on Comex and the low turnover on the Shanghai exchange are two factors that will keep silver prices from falling short of the $50 mark. It's a take that falls in line with the view of Sector Investment Managers' Angelos Damaskos, who sees the market back in "normal situation," where silver behaves much more like an industrial metal than a safe-haven asset. Silver +1.7% to $31.60. [View news story]
    The next election could have a big effect on both silver and gold. If B.O. gets back in the prices of both could head straight North. A Romney win would mean a slower speed North.
    Apr 5 01:07 PM | 2 Likes Like |Link to Comment
  • General Electric And The Notion Of Cash On U.S. Corporate Balance Sheets [View article]
    I believe that any mention of an improving U.S. economy or unemployment figures may be way too optimistic and simply proof of a presidential election year. Perhaps even a gigantic pile of fudge! This capital article was capitol.
    Feb 28 01:19 PM | Likes Like |Link to Comment
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6 Likes