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GMiki1 » Comments » AEM

  • Gold and Silver 'Bubble' Has Long Way to Go [View article]
    Yes, I have wealthy friends who are tiptoeing into gold after I've been hounding them for years. They're cautious on the market, but relying on "safe" fixed rate investments. At any rate, we're certainly not in a bubble. Gold and silver are are of very few investments you can make right now and are very underpriced. I switched from GLD into SGOL--I have a bunch of physical and miners. I also went into the new SILV. And it's true that the rise in many of the miners is merely correcting an incredible, undeserved crash. But I did buy a bunch of SLW at a little over $3.
    Sep 25 11:17 am |Rating: +4 0 |Link to Comment
  • Gold Pierces Through 'Resistance' [View article]
    On the other hand the dollar and gold aren't always in lockstep opposition. You may have a chance to buy lower, of course, but in the long run it probably won't matter significantly. Unless you're buying enormous quantities. And in what form?
    Aug 05 11:03 am |Rating: +1 0 |Link to Comment
  • The World's Top 10 Gold Miners by Value [View article]
    I wouldn't exactly say that bullion prices have been volatile. I'd say "rangebound" or "consolidating."
    Jul 17 10:46 am |Rating: +1 0 |Link to Comment
  • Is the U.S. Dollar Headed for a Mighty Crash? Part I [View article]
    The Chinese are much more sophisticated than we are. They think in terms of decades in the future. Long-term planning in Washington is said to be two weeks. The Chinese have been buying gold since 2003 and only a month or so ago revealed this truth--in order to warn the U.S. about its dollar policies.

    Anyone paying attention sees the handwriting on the wall. It's not a matter of belief. It's a matter of looking at the facts.
    May 21 11:38 am |Rating: +27 -4 |Link to Comment
  • Invest in Gold Miners, Silver Miners, or Both? [View article]
    Own both. GG--not overpriced IMHO. Sabina Silver looks good. Owen some juniors. The market may be manipulated, yes, but these types of stocks will go up. Moreover, deflation is the stage prior to inflation.
    Apr 23 13:31 pm |Rating: 0 0 |Link to Comment
  • Miners with Base Metal Exposure Stand to Benefit - Dundee Capital [View article]
    Playfair--tungston--is up 120 percent today (I hold it). It was slaughtered last year, but has great potential in a metal that is necessary for civilization and in short supply.
    Feb 17 11:21 am |Rating: 0 -1 |Link to Comment
  • Miners with Base Metal Exposure Stand to Benefit - Dundee Capital [View article]
    Base metal basics are good. Mines take a long time to start up. If we recover and build worldwide, even if we don't grow much, the demand will be greater than supply for some of the metals.

    I'm not looking for a recovery any time soon, but even so, we will need new supply. Same for oil/energy. We're in an anomoly that portends shortages because we're not encouraging exploration and development.
    Feb 17 11:12 am |Rating: +2 -1 |Link to Comment
  • A Golden Investment in 2009 and Beyond [View article]
    This will be the year of gold. Whether it will continue thereafter, who can say. But the miners are a buy. And silver. Ah, the wonder of silver, which is in short supply.
    Feb 08 11:11 am |Rating: +2 -2 |Link to Comment
  • Dennis Gartman on Gold, Oil, Government and the Economy [View article]
    Gartman changes his mind on gold every five minutes. I don't think the guy knows much. He certainly is ignorant of the situation with oil, the depletion rate, rates of consumption, and the rate of growth in consumption, despite so-called consumption reduction.
    Jan 25 18:23 pm |Rating: +9 -1 |Link to Comment
  • Wellington West Studies Eight Gold Equities, Picks Two Favorites [View article]
    GG (I own a few shares) is excellent. But also, for what will be incredible multiples, look into the juniors. Once gold finally takes off, they will give great returns. Look for advanced projects, superior drill results, experienced and pricipled management. Look at projects underwritten by the big guys (NAK, for instance, which I hold). Look at some of the silver companies or just silver itself.
    Jan 16 11:29 am |Rating: +3 0 |Link to Comment
  • New Trend for Emerging Gold Producers: Amalgamation [View article]
    A lot of the juniors though they don't look great via their charts are actually in good shape with positive cash and remarkable resources. They're also a little further along than they were a couple of years ago. I hope this is a good year for them. I hope I'm holding a few that will survive and thrive.

    Best to all the miners who work so hard and struggle through such unfairly (market manipulated) times.
    Dec 30 18:38 pm |Rating: 0 -1 |Link to Comment
  • Gold - Not the Safe Haven People Think it Is  [View article]
    I wonder why you harp on this subject. I think it's very unhelpful of you since you're really not an expert in this area. I'd suggest investors study those who have been in the precious metals for decades, such as Jim Sinclair at JSMineset.com and others who understand the economic fundamentals. Go to Howe Street and Jim Pulava's Financial Sense Newshour and Kitco.com. You'll get a better sense of these markets. Yes, they can be frustrating markets, but once you understand the situation with currencies you might want to be here.
    Dec 09 10:43 am |Rating: +1 0 |Link to Comment
  • Time to Revise Our Gold Expectations [View article]
    A lot of great juniors out there--Impact Silver, a silver producer in Mexico, has hit VERY high gold results. I hold that and Bravo Gold, which is great assays. Northern Dynasty, NAK, is extraordinary and selling at an absurdly low price for 57 million ounces of gold in the ground in Alaska and giant partners with lots of money. Of course, who has cash left to buy anything.
    Dec 08 12:58 pm |Rating: 0 0 |Link to Comment
  • Eric Lemieux: Decline in Gold Price Goes Against Every Theory [View article]
    But fundamentals will out. The dollar will drop again and gold will rise along with other commodities. There are a lot of great situations selling dirt cheap for those who have cash.
    Nov 02 12:58 pm |Rating: 0 0 |Link to Comment
  • Frank Holmes: 'When Inflation Erupts, Gold Will Take Off' [View article]
    The more things change... the fundamentals are still the same--as above. The transitional period is more painful than predicted, however. If I had a million in new money, I'd put half in physical bullion--more in silver than gold. I'd definitely buy underpriced energy stocks and some producing gold miners. I already have plenty of money in juniors.
    Oct 22 11:45 am |Rating: 0 0 |Link to Comment
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