Gold: It's All About the Dollar and (Yes Dr. Roubini), Inflation [View article]
--Nouriel Roubini, in a recent interview with IndexUniverse, says gold will go up only for two reasons: inflation or another Armageddon depression--.The 2 likely scenarios
Unlocking the Money Matrix: Gold Price Suppression [View article]
-However, the plan to quietly confiscate the wealth of the American people has an Achilles heel, the same which destroyed the London Gold Pool. If physical gold becomes too scarce on the futures exchange and enters backwardation, or if the fiat currency debasement becomes too obvious, the gold price will skyrocket in response and the exchange will lose all its metal and the cartel will default. Furthermore, the gold on lease cannot be repaid to the central banks without causing the gold price to soar, and as more people realize the scam worldwide, or become more alarmed by the price rising, the more physical gold is saved-Great article."R.I.P. - The London Gold Pool, 1961-1968". is another.
I like AUY,but I didn't like the fact that they didn't give their investors much of an explanation.At least a specific one.They could have said for possible m&a activity or for what ramp up in production or exploration they are looking at.
On Jul 02 12:25 PM West Coast Commentator wrote:
> Yamana's sale of the San Francisco mine is not surprising, and a > testimony to what happens when an investment banker (Marrone) thinks > he knows better - for years this property was touted to be a 250,000 > oz/year ultra-low cost jewel, only to disappoint once in production. > At less than 100,000 oz/year and with production costs above $500/oz > - good riddance. As a Yamana shareholder I hope they will do a better > job overseeing less mines. But with Marrone you never know - he always > overpays at the peak for some crap (Northern Orion). One very good > reason their PE lags behind (makes me kringe - why didn't I invest > in Kinross instead?).
"As for the argument that gold would be a suitable peg for international currencies, that doesn’t make much sense either" Fiat currencies just dont work. Look at history and it will prove it. Right now the world is trying to inflate its way out of this mess again.Inflation,debt and a currency crisis.Gold sounds great to me.
Newmont, Barrick Merger Likely - Eventually [View article]
The funny thing is,they will wait until gold is over 2k an ounce mo most likely.No guts,no glory.Oh well.The miners need some merger activity to tighten up prices in gold and stop some of the manipulation that goes on daily.
The Next Crisis: Spiraling Inflation (Part 2) [View article]
Silver Prices Are About to Fall [View article]
Gold: It's All About the Dollar and (Yes Dr. Roubini), Inflation [View article]
Unlocking the Money Matrix: Gold Price Suppression [View article]
Exploring Gold Miner Stocks: Mid-Year 2009 Analysis [View article]
On Jul 02 12:25 PM West Coast Commentator wrote:
> Yamana's sale of the San Francisco mine is not surprising, and a
> testimony to what happens when an investment banker (Marrone) thinks
> he knows better - for years this property was touted to be a 250,000
> oz/year ultra-low cost jewel, only to disappoint once in production.
> At less than 100,000 oz/year and with production costs above $500/oz
> - good riddance. As a Yamana shareholder I hope they will do a better
> job overseeing less mines. But with Marrone you never know - he always
> overpays at the peak for some crap (Northern Orion). One very good
> reason their PE lags behind (makes me kringe - why didn't I invest
> in Kinross instead?).
Time for the 'Commodities Contrarian Contango' with Precious Metals and Energy [View article]
Why Gold Is Losing Its Shine [View article]
Why Our Credit Crunch Mirrors the Weimar Hyperinflation from 1919-1923 [View article]
Newmont, Barrick Merger Likely - Eventually [View article]
Three Ways to Take Profit in Gold as Inflation Props Up Prices [View article]
Scratch Oil For Now – Gold, Alternative Energies Will Outperform Near-Term [View article]