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
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?).
-Would the current gold price be different if the alleged manipulation hadn't occurred? More importantly, do the banks have the actual ability to influence the price of metal?-Yes for both.- one naturally has to wonder why these for-profit enterprises would engage in these transactions. After all, bank management must answer to shareholders and directors-Wouldn't that be nice.
U.S. Treasury Owned Gold: What Can It Buy? [View article]
Dont be too surprised if the reflate and debase plan doesn't totally work, that gold's price is raised to do it.The price of gold would be huge to correct even 10% of debt.
Gold Stocks Not Driven by Larger Market [View article]
I f the economies are starting to turn up,massive inflation is on the horizon.If the economies are not,then more money printing , bailouts, and debt defaults.There is the interest.Smug soon enough.
Silver Prices Are About to Fall [View article]
Gold: It's All About the Dollar and (Yes Dr. Roubini), Inflation [View article]
Yamana Gold Ramps Up Production [View article]
Micromanaging the Price of Gold [View article]
Gold Price Manipulation: So What? [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?).
Gold Manipulation Redux [View article]
Blue Ridge Capital: One Hedge Fund That's Done With Gold [View article]
U.S. Treasury Owned Gold: What Can It Buy? [View article]
Gold Stocks Not Driven by Larger Market [View article]
Why Our Credit Crunch Mirrors the Weimar Hyperinflation from 1919-1923 [View article]
Three Ways to Take Profit in Gold as Inflation Props Up Prices [View article]
The Increase in Money Supply Came Sooner than Expected [View article]
Yamana Earnings Are Golden [View article]