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The Hammer

The Hammer
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  • Gold Mining Costs Are Falling [View article]
    how much more of cap ex needs to be financed and what sources since capital for tier 2 miners is drying up?
    even with attractive assets, insiders have sold all the way down pretty pathetic display of confidence. anyone think they may issue some low priced options themselves? if so this is thievery.
    Apr 26 10:41 AM | Likes Like |Link to Comment
  • My Number One Ranked Stock [View article]
    high expectations built into this stock. if anyone wanted in best wait for some kind of sharp pullback in market.
    Apr 26 08:03 AM | Likes Like |Link to Comment
  • Worldwide Silver Shortage As Premiums On Silver Eagles Reach 40% [View article]
    I am not referring to northwest as sitting on inventory. they are a mint not a dealer holding inventory. Mint produces the bullion and dealers are sellers of PM.
    Apr 24 04:17 PM | 1 Like Like |Link to Comment
  • "The Mike and Mike show is off to a great start," says CLSA's Mike Mayo (not one of the Mikes), sounding very much like a fan, not critic, of Citigroup (C +1.8%). Speaking outside the bank's annual meeting, Mayo says the shareholders in attendance - still smarting over losses from the financial crisis - couldn't care less about the bank's recent progress. Preferring to focus on today, Mayo notes the ROE last quarter was an impressive 14% once tax credits are stripped out. [View news story]
    tbv has only grown about 5.8% last 2 years.
    Apr 24 03:55 PM | Likes Like |Link to Comment
  • "The Mike and Mike show is off to a great start," says CLSA's Mike Mayo (not one of the Mikes), sounding very much like a fan, not critic, of Citigroup (C +1.8%). Speaking outside the bank's annual meeting, Mayo says the shareholders in attendance - still smarting over losses from the financial crisis - couldn't care less about the bank's recent progress. Preferring to focus on today, Mayo notes the ROE last quarter was an impressive 14% once tax credits are stripped out. [View news story]
    The “A” warrants let holders buy Citigroup shares at a so-called strike price of $10.61 until around the end of 2018, the Treasury said. The “B” warrant strike price is $17.85, meaning that a holder would need the bank’s shares to more than triple by 2018. Shares in Citigroup closed on Jan. 21 at $4.89

    what was reverse split ratio? 1 for 10? A's 106.10 B's 178.50?
    Apr 24 03:42 PM | Likes Like |Link to Comment
  • "The Mike and Mike show is off to a great start," says CLSA's Mike Mayo (not one of the Mikes), sounding very much like a fan, not critic, of Citigroup (C +1.8%). Speaking outside the bank's annual meeting, Mayo says the shareholders in attendance - still smarting over losses from the financial crisis - couldn't care less about the bank's recent progress. Preferring to focus on today, Mayo notes the ROE last quarter was an impressive 14% once tax credits are stripped out. [View news story]
    this link was from Jan 2011
    Apr 24 03:40 PM | Likes Like |Link to Comment
  • "The Mike and Mike show is off to a great start," says CLSA's Mike Mayo (not one of the Mikes), sounding very much like a fan, not critic, of Citigroup (C +1.8%). Speaking outside the bank's annual meeting, Mayo says the shareholders in attendance - still smarting over losses from the financial crisis - couldn't care less about the bank's recent progress. Preferring to focus on today, Mayo notes the ROE last quarter was an impressive 14% once tax credits are stripped out. [View news story]
    do the b's trade now? c-wtb are at 0.07?
    the c-wta are at 0.53? is this accurate?
    Apr 24 03:34 PM | Likes Like |Link to Comment
  • "The Mike and Mike show is off to a great start," says CLSA's Mike Mayo (not one of the Mikes), sounding very much like a fan, not critic, of Citigroup (C +1.8%). Speaking outside the bank's annual meeting, Mayo says the shareholders in attendance - still smarting over losses from the financial crisis - couldn't care less about the bank's recent progress. Preferring to focus on today, Mayo notes the ROE last quarter was an impressive 14% once tax credits are stripped out. [View news story]
    dvl what's the symbol and terms?
    Apr 24 12:31 PM | Likes Like |Link to Comment
  • Martin Armstrong Again Warns On Gold [View article]
    yes i do agree there was some price correction in some commodities , but smart manipulators do know when to pile on at very very important technical levels. If they can print $85 billion a month and monetize debts like kids then they surely are manipulating all markets. I do not believe the high inflationary forces coming are demand driven but monetary driven.
    Apr 24 11:13 AM | 1 Like Like |Link to Comment
  • Newmont Mining Is Now Too Cheap To Ignore With A 5% Yield [View article]
    but their all in sustaining costs continue to march upwards, which they have failed miserably to control so if gold sits at this level or lower for a while that dividend is payable if they want to fund it with debt, a big mistake imo.
    Apr 24 11:03 AM | Likes Like |Link to Comment
  • Martin Armstrong Again Warns On Gold [View article]
    Jason why do you think the Fed and bankster stooges did a massive coordinated attack on commodities and precious metals recently. They want to knock down any inflationary concerns since they cannot stop QE imo. These guys are out of control quasi-govt that has absolutely no checks and balances. the stooges are messing with ALL markets now.
    Apr 24 10:54 AM | 3 Likes Like |Link to Comment
  • Worldwide Silver Shortage As Premiums On Silver Eagles Reach 40% [View article]
    and by the way northwestterritorial is just taking orders since they need to buy the silver to make the bars so 8 weeks is the wait. call'em up and ask.
    Apr 24 10:50 AM | Likes Like |Link to Comment
  • Worldwide Silver Shortage As Premiums On Silver Eagles Reach 40% [View article]
    Sorry flash do not agree. Asians are buying and they are emerging wealth with cultures that like to buy and hold precious metals.
    I do agree there is a god chance that silver may break into teens due to another coordinated attack by the fed and bankster stooges, but at those prices it will be below the marginal production costs of silver miners. Yes prices can stay below this level for a while, (Nat Gas), but markets will eventually correct any mispricings over time. these stooges are fighting for their very existence.
    Apr 24 10:46 AM | 3 Likes Like |Link to Comment
  • Worldwide Silver Shortage As Premiums On Silver Eagles Reach 40% [View article]
    DO NOT buy eagles at these 7-8-9 premium prices. many dealers got caught with pants down and sitting on some inventory. Inventories are tight with eagles but do not let them tell u they do not have any. I would not sell inventory at 32+ for $27 now either.

    Check out northwestterritorialmint. generic pan american 1 oz bars 50 and up cost about 1.5 over spot. better deal now imo if want to buy.
    Apr 24 10:42 AM | 2 Likes Like |Link to Comment
  • Martin Armstrong Again Warns On Gold [View article]
    "The Goldbugs have sold gold to just about everyone who would listen." This is true imo. The masses have not entered the market yet. The public is clueless to the extent of the problems we are about to face. Once the dollars reserve status is in question we pay dearly in inflation back home when all those phoney dollars come rush from overseas and flood our markets looking to get out. The masses will when it is probably late in the game. I do think many dealers got caught with inventory in the most recent short term crash that they are underwater unwilling to sell here. So do NOT pay 7-8 premiums for eagles imo.

    "While gold is tired after rallying 13 years, it does not appear to be a bubble" Correct imo gold is not in a bubble phase...yet.

    Not sure about 2021-2022. Although Probably japan, europe and uk fall first before the big one, the USA.
    Time to buy physical into major weakness and pick spots since physical vs paper prices are wide.
    Apr 24 10:24 AM | 1 Like Like |Link to Comment
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