lance sjogren

Archie's Rule and Junior Mining

No Jake, he said more than that, he gave a quantitative benchmark for predicting profitability. How good a gauge it is I don't know, but he did say more than just a mine has to be profitable to be profitable.

What's Good About the Metals' Bad News

rolexdaytona:


You may have a point about it being time to buy banks.


As we know, the major banks are insolvent. In other words, their liabilities far outweight their assets.


However, the US is embarked on an inflationary crusade to prop up the economy.


Thus, as inflation kicks in, the massive net debt of the banks will shrink, and the banks won't be as putrid piles of garbage as they are now.


However, I think they will still stink to high heaven. So I still don't feel banks are a good investment.