Van Eck's Junior Gold Miners ETF Launches
[View article]
The way to make big money is to pick the stock yourself and be early. In April I invested in Kingsgate Consolidated, KCN on the ASX, It is held in this fund. It produces gold at $288 an ounce, it found almost twice as much gold as it mined in the last year in its mine in Thailand, it has very advanced plans to double the capacity of the mine, it just found a third highly prospective area 6 km from the mine and it gave shareholders a very nice dividend a month or so ago. Naturally I am biased, but I haven't seen anything that I rate ahead of it but go to its very good website and judge for yourself.
Holiday Shopping Tips for Gold Stocks [View article]
Back in April I posted several comments on this site about the gold stock I had invested in, Kingsgate Consolidated, KCN on the ASX and you would be very happy now if you'd followed my advice.
KCN has a lot going for it, a great mine in Thailand which produces gold at $288 an ounce and terrific exploration upside both at the mine itself and elsewhere, nearby. At the mine itself they found almost twice as much gold as they mined in the last year and plans are well advanced to double the capacity of the mine. They just discovered a second highly prospective site 6 to 10 km from the mine and recently paid a very nice dividend. I could not be more happy with the share. Give their website a look. You can look back at my previous posting about KCN and you'll see the share has almost doubled in price since I first recommended it.
Tom while I largely agree with your last paragraph, I have just looked at New Gold and I don't think it stacks up against the stock I am heavily invested in, Kingsgate Consolidated, KCN on the ASX. The stock had a bad day on Friday but its total costs of production in the last quarter stood at $288 an ounce, it just had a very nice fully franked 15 c dividend and it discovered almost twice as much gold as it mined.
Gold Stocks vs. Gold: Who's Winning? [View article]
I recommended Kingsgate Consolidated (KCN on the ASX) on a number of occasions on this very site in April and if you had followed my recommendations, you would have seen a very nice profit and you would have also have just picked up a 15 cent dividend, fully franked for lucky Australians.
Inflation or Deflation? Invest in Gold [View article]
A few months ago I gave you my selection of a gold stock, Kingsgate Consolidated, KCN on the ASX. They produce gold for $US288 an ounce at present. They will announce shortly if they are going to double production. They just paid a 15 cent dividend, fully franked for lucky Australians. You would be laughing all the way to the bank if you had followed my advice because the shares have roared up and continue to do so. your.financ... you are right this market is NUTS. It brings back memories of the dot com mania.
Jeffrey Saut: Cautious Yes, Bearish No [View article]
From everything I have read, the excesses that took place over the last five years or so were far worse than the excesses that preceded the Great Depression. Government pulled the market back from the very edge of the precipice by pumping up the economy with mindboggling amounts of borrowed money and by pulling even larger amounts out of thin air, Now if you believe the market, it is all systems go for a "V" shaped recovery and we are back to the races. I just can't believe that it is all that easy. Life simply doesn't work that way. The greater the excess, the greater the pain. There has been outrageous excess but all of the government response has been aimed at either mitigating pain or trying to avoid it altogether. My advice is to find is to find a good gold stock. It is working really well for me.
The best way to exploit gold if you believe it is going to stay high and go higher as I do, is to invest in a gold stock and the best value is found in the junior miners. I have invested in a stock called Kingsgate Consolidated ( KCN on the ASX ) and I am doing very well. I think the company has a lot going for it but I am biased of course. I would just advise that you go to the company web site and access the video presentation of the latest quarterly. In my opinion this company is very impressive.
This Sodom and Gamorrah financial system has not had a nanogram of credibility for a long time. Sooner or later it is going to end in disaster. In this environment you need some exposure to gold and I'd suggest a good junior miner.
Economies, Central Banks with Napoleonic Complex: On to Moscow! [View article]
Splendid article. It would be very amusing but for the fact that the real life consequence of this unmitigated incompetence is pain and heaps of it down the road. All through this crisis the overriding objective has been to mitigate the pain or put it off to another day. The trouble is there can be no lasting solution without pain and the longer they put it off, the worse the pain will be.
The greatest bank heist in the history of the human race is taking place in America at present, courtesy of the Federal Government, and the totally unworthy recipients are the banksters. Moral hazard is running riot and Wall Street just loves it. And why shouldn't they?
Overconfidence and the Financial Crisis [View article]
The simple fact is that hardly anyone on Wall Street ever gets punished in any meaningful way no matter how badly they stuff up.At worst they are sacked and sent on their way with all of their ill gotten gains to lick their wounds. I remember reading a story about a Canadian guy with a Maths PhD who got a job in an energy trading firm and quickly established himself as a star trader. In one year he made a billion dollars with his daring strategies and took home $100 million in bonuses.The next year it all blew up in his face and he lost $6 billion and was promptly sacked. He then decided to set up his own trading firm and the funds came pouring in from investors eager to share in his "genius". The authorities did step in to stop him continuing but it tells you a lot about the mentality of the people in the industry and why the idiocy that created this financial maelstrom will continue on.
Major Buy Signal Now Flashing for Gold Stocks [View article]
Every sensible investor should have some exposure to gold in these highly uncertain and dangerous times. In my opinion the best place to put your money is in a gold mining stock and the best returns invariably come from finding a good junior miner. Get the right one and you can easily double triple quadruple your money. I looked at many stocks and picked Kingsgate Consolidated. It is Australian owned and the mine is located in Thailand but has good institutional support in Europe and the USA. It is a low cost producer and has terrific potential to grow reserves both at the mine and elsewhere nearby. I am biased naturally but please have a look at their website. Good luck to all.
Matt Badiali: Focus on Gold's Prospect Generators [View article]
I recently made a significant investment in Kingsgate Consolidated. It is a very cheap producer and it has tremendous upside potential both at the existing mine and elswhere. I am doing very nicely and I would recommend it strongly but of course I am biased. The company is Australian owned but has significant institutional support in Europe and America.
Sort by:
Latest | Highest ratedVan Eck's Junior Gold Miners ETF Launches [View article]
In April I invested in Kingsgate Consolidated, KCN on the ASX, It is held in this fund. It produces gold at $288 an ounce, it found almost twice as much gold as it mined in the last year in its mine in Thailand, it has very advanced plans to double the capacity of the mine, it just found a third highly prospective area 6 km from the mine and it gave shareholders a very nice dividend a month or so ago. Naturally I am biased, but I haven't seen anything that I rate ahead of it but go to its very good website and judge for yourself.
Holiday Shopping Tips for Gold Stocks [View article]
KCN has a lot going for it, a great mine in Thailand which produces gold at $288 an ounce and terrific exploration upside both at the mine itself and elsewhere, nearby. At the mine itself they found almost twice as much gold as they mined in the last year and plans are well advanced to double the capacity of the mine. They just discovered a second highly prospective site 6 to 10 km from the mine and recently paid a very nice dividend. I could not be more happy with the share. Give their website a look. You can look back at my previous posting about KCN and you'll see the share has almost doubled in price since I first recommended it.
Larkin: Gold's Stealth Bull Market [View article]
Gold Stocks vs. Gold: Who's Winning? [View article]
Inflation or Deflation? Invest in Gold [View article]
your.financ... you are right this market is NUTS. It brings back memories of the dot com mania.
Jeffrey Saut: Cautious Yes, Bearish No [View article]
Government pulled the market back from the very edge of the precipice by pumping up the economy with mindboggling amounts of borrowed money and by pulling even larger amounts out of thin air,
Now if you believe the market, it is all systems go for a "V" shaped recovery and we are back to the races.
I just can't believe that it is all that easy. Life simply doesn't work that way. The greater the excess, the greater the pain. There has been outrageous excess but all of the government response has been aimed at either mitigating pain or trying to avoid it altogether.
My advice is to find is to find a good gold stock. It is working really well for me.
Banks' Loss Reserves Can't Keep Pace with Troubled Loans [View article]
Gold Stocks Look Cheap - BMO [View article]
BAC: Where Are the Damn Cops? [View article]
Economies, Central Banks with Napoleonic Complex: On to Moscow! [View article]
All through this crisis the overriding objective has been to mitigate the pain or put it off to another day. The trouble is there can be no lasting solution without pain and the longer they put it off, the worse the pain will be.
FDIC: Taxpayers Holding the Bag [View article]
Overconfidence and the Financial Crisis [View article]
I remember reading a story about a Canadian guy with a Maths PhD who got a job in an energy trading firm and quickly established himself as a star trader. In one year he made a billion dollars with his daring strategies and took home $100 million in bonuses.The next year it all blew up in his face and he lost $6 billion and was promptly sacked. He then decided to set up his own trading firm and the funds came pouring in from investors eager to share in his "genius". The authorities did step in to stop him continuing but it tells you a lot about the mentality of the people in the industry and why the idiocy that created this financial maelstrom will continue on.
Why This Rally Is Unsustainable [View article]
Major Buy Signal Now Flashing for Gold Stocks [View article]
I looked at many stocks and picked Kingsgate Consolidated. It is Australian owned and the mine is located in Thailand but has good institutional support in Europe and the USA. It is a low cost producer and has terrific potential to grow reserves both at the mine and elsewhere nearby. I am biased naturally but please have a look at their website. Good luck to all.
Matt Badiali: Focus on Gold's Prospect Generators [View article]