secmaven

Scary Comex Silver Withdrawals: Will They Continue?

"The" commercial shorts? Try JPMorgan.

John Geanakoplos on Solving the Crisis - No Paradigm Shift Here

Recognition of the "Leverage Cycle" is this economist's seminal contribution to the dismal science. Duh.

Invest in Silver Over Gold

When JPM's short selling on the CRIMEX is curtailed we will see higher silver prices...not before.

ECB Sees Gold as Important Asset

The US owns over 8,000 tons? Show me the gold!

Hydrogen-Fueled Cars Become a Thing of the Present

The growth of the US economy requires copious quantities of asphalt which in turn requires millions of barrels of oil to be refined into guess what...gasoline! Nobody is gwin to mess with that equation, at least while the oil companies are in charge of the politicians.

Buffett's Big Rail Buy: What It Means for Berkshire Shareholders

If BN paid property taxes at the rate local businesses had to pay on all of its landholdings this would be a very bad deal for BH and its shareholders. Maybe the acquisition will wake up the local tax collectors from their stupor.

Buffett Buys Burlington, Does 50-1 Split at Berkshire

And the coal traffic from the coal fields of the west is going to increase in the face of bargain basement NG and the green revolution? LOL Warren.

Gold Is Not in a Bull Market

China is the world's largest gold and silver producer. The politicians there are recommending that the sheeple invest in gold and silver. Is that because gold is scheduled to go up or down? When the yuan is unpegged from the dollar as China promotes it as a trading currency with its partners gold and silver will rise. That is a tautology. Chinese politicians are not stupid.

How Bloomberg Fabricates U.S. Housing Numbers

To foreigners holding dollars a residential property in a good location in the US is as better than gold. It is place of refuge from the miserable conditions in their own country for aged relatives and nephews and nieces looking for a good education. Housing prices in many locations have stablilzed as a result.

Marc Faber: ‘Gold a Bargain Compared to S&P500′

The largest producer of both gold and silver, China, is promoting the sale of these metals to its own citizens. Why would he politicians do this if the price of these metals will be allowed to drop in value? When the Chinese unpeg the Yuan and it once again starts to appreciate against the dollar gold and silver prices in dollar terms will increase in lockstep. Long GPR, ECU and JG.

Silver Unmasked

SIVR is an ETF that holds actual bullion in Switzerland. Unlike SLV It does not trade at a discount to the so called "Spot" price established on the CRIMEX by JPMorgan.

On Inflation, Precious Metals and the Mayan Calendar

Until some big money interests demand delivery of gold and silver from the COMEX stores, JPM at the direction of the Fed will continue short selling these metals to shut off every advance and the price of PM's will go no where.

AT&T Q3: Beats Estimates, Activates 3.2 Million iPhones

When a dog operation like Amazon that has lost money for years on end reports that it beat the WS estimates its stock price jumps 25% in one day to a new zero rate of return from dividends and a PE of 40. But when Telephone after consistent YAY profits, paying a solid six per cent and sporting a PE of 15 reports a beat the market yawns and the stock drops. Go figure.

Inflation's Leading Edge Is Now Oil

More new cars are being sold in China in 2009 than in the US and scrapage of old cars in insignificant. These cars run on gasoline. It is Chinese demand for oil now and in the future that will drive the price in dollars which the Chinese have in abundance. You can forget all of the negative US metrics cited above. Yes, oil is going up.

First Majestic: The First of Many Majestic Quarters to Come

In sub dollar category look at Great Panther and ECU. Both have in ground resources that are growing faster than production. Either would be a acquisition fit for PAAS.