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harball

harball
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  • Update: Bear Creek Mining Slashes Expenses As Silver Plunges [View article]
    Agre with your points, but I also think freezing of further exploration activity at this stage is prudent. They already have defined reserves, there is no need to lavish shareholder funds on adding resource. Not least until they have more clarity re Santa Ana.
    Oct 16 02:04 AM | Likes Like |Link to Comment
  • No Relief For GLD Longs On The Horizon [View article]
    bear thesis for gold has become less and less obvious for the last week. there will be no rate hike in 2015, if anything we'll get more QE. the latter will not be bullish for the US$. deflationary pressure is the only strong headwind for gold now.
    Oct 15 02:35 PM | 1 Like Like |Link to Comment
  • Gold And Silver: Bottom Or Breakdown? [View article]
    Same for physical gold. It's the same old story of there being real demand for physical gold in some parts of the world and then there is the paper gold, which gets shorted and bounced up and down based on headlines, moods and expectations. Just look up how much physical gold was sold in India in September. The physical market is alive and kicking.
    Oct 10 02:28 AM | 1 Like Like |Link to Comment
  • Update: Lake Shore Gold Announces Preliminary Cash Costs For Q3 [View article]
    The only negatives for me were the decrease in grade and lower production volume. However, if one takes into account the recent drill results and the correction in the share price, yet, it's a solid buy. Interms of the junior producers, I think Lakeshore and Alacer are very well positioned.
    Oct 10 02:22 AM | 2 Likes Like |Link to Comment
  • Seadrill: Falling Knife Or Not, The Fundamentals Say 'Buy Me' [View article]
    My view is even if they cut this dividend, the stock will remain a high yielder and it has corrected to the downside heavily. So halving the dividend will still get you an 8% yield on current share price.

    Buying your regular dividend stocks, the consumer stocks or utilities, in this phase of the bull market I think is a roll of the dice.
    Oct 8 07:05 AM | 2 Likes Like |Link to Comment
  • Seadrill: Falling Knife Or Not, The Fundamentals Say 'Buy Me' [View article]
    I disagree. Very clearly there is geopolitics involved with oil prices. The lower it goes, the more pain Putin will endure. So as long as the Saudis 'maintain market share' oil will be under pressure. I see low 80ies as the bottoming threshold.
    Oct 8 06:39 AM | 2 Likes Like |Link to Comment
  • Seadrill: Falling Knife Or Not, The Fundamentals Say 'Buy Me' [View article]
    Struggling with the same issue, i.e. when to take the plunge. Even if they cut the dividend by half, this stock will offer really solid yield at current share price and even better yield when it drops further.
    Oct 8 06:37 AM | 2 Likes Like |Link to Comment
  • Seadrill: Falling Knife Or Not, The Fundamentals Say 'Buy Me' [View article]
    I do not expect American-style fracking in Europe, not least in the EU. If they are essentially banning nuclear power, surely the greens will not tolerate insudtrial scale meddling with groundwater aquifers.
    Oct 8 06:34 AM | 6 Likes Like |Link to Comment
  • Precious Metals - Third-Quarter Review And Outlook For The Rest Of 2014 [View article]
    I listene to Sprott, Rule and Embry y'day. There are dozen or so sound fundamental reasons to really like PMs at this juncture. The trouble is that PMs do not seem to trade on fundamentals at all.

    My reading is gold could be up 10% by the end of the year or down, depending on the mood of Mr. Market. I personally expect the equity markets to remain wobbly given the end of QE and the huge debt bubble we are in, and thus gold should do well. At the same time it seems that economic weakness in Europe and other countries will drive the value of the US$ up, which is bearish for gold. Tough call.

    I am more optimistic about PGMs, partcularly palladium. There is a shortage and the demand will not fall off the cliff. It's big sister, platinum, is not gonna fare as well from here, beauce the industrial demand is diesel engine driven and only Europeans like diesel. Also the precious metal status of platinum may cap the upside.
    Oct 8 03:59 AM | Likes Like |Link to Comment
  • Gold Resource Corp: Profitable Gold And Silver Production With A Monthly Dividend [View article]
    I'm sorry, $60? That's 11x over 3 years. You really expect $2k gold again?
    Oct 6 04:53 PM | Likes Like |Link to Comment
  • GT Advanced Technologies: The Bankruptcy Shocker [View article]
    This came out of the blue for me. I feel very sorry for anyone caught holding the bag...
    Oct 6 12:38 PM | 1 Like Like |Link to Comment
  • Silver Reached A New Low - What Is Next? [View article]
    The US$ is VERY overbought and silver is VERY oversold right now. Trust there will be some kind of short-term correction in US$ and a bounce in silver, at least a short term bounce.
    Sep 24 04:17 AM | 1 Like Like |Link to Comment
  • Shareholders In The iShares Silver Trust Are Sticking With It [View article]
    What's your source on open interest?
    Sep 22 02:41 PM | Likes Like |Link to Comment
  • Afraid Of The Plummeting Gold Price? Russia Certainly Is Not [View article]
    Belgian dentists have for ages been important source of demand for Eurobonds.
    Sep 22 02:29 AM | 1 Like Like |Link to Comment
  • Afraid Of The Plummeting Gold Price? Russia Certainly Is Not [View article]
    in my humbe opinion Russia buying gold is just plain politics. you realise they have ran out of physical greenback in russia? no-one wants to hold rubles in russia. putin does not tolerate that. rest assured we will see them buying gold also in september.
    Sep 22 02:26 AM | Likes Like |Link to Comment
COMMENTS STATS
235 Comments
165 Likes