sandspider

Making Canada Our 51st State Could Make It Easier to Buy American

One way or the other ... the new Amerio currency idea of Mexico, America and Canada one big happy family. The new trade craft going on and the super highway right through America. You folks do what you want as Alaska is going to part company with you anyway. If all you Amerio's are good we might trade with you. Otherwise we will go elsewhere. Rumor has it British Columbia and Alberta might go with us...and then who will be wishing. Save your own butts and buy gold or sink...alone

Is Gold Regaining Its Luster?

Yes I like the article...missed a couple miners that I would of listed but oh what the heck. With the UAE starting up their silver exchange and buying gold right along with Saudia, I just could not help myself. Gold and silver metal and gold and silver stocks...guess I am just going to have to cook for myself this month.

Gold Stocks Down as Gold Price Dips

"The drop in gold can be credited to a rise in the U.S. dollar due to the government bailout of Fannie Mae (FNM) and Freddie Mac (FRE)."
Whoaaa. Can you say that again with a straight face? Not from my perspective over here in the Middle East. Damn the news in the states is getting weird and more weird. I smell smoke.....

No Renewed Bull Phase for Metals Miners Just Yet

Old news and it has happened before. US suspended gold eagle sales for the rest of the year and cut way back on the silver eagle program. May not mean much. Still can not see buying into a PE of 40 or there abouts with low EPS and such. But there are some companies out there worth their salt (silver and gold). And Energy well it will always be needed and it will always be available but at what price. I hear a double bottom, I hear inverted head and shoulders. I also hear that the banks are really screwed but not as much as we since they going to save them on our backs. Consolidation point...well check them out and buy the good and wait. I am an investment person and not a trader.....so when down I buy and I do think gold and silver are in a place one can make some money down the road. Hell it is August and what is August for most years. Time to buy

The International Gold Rush: Bulls May Soon Be Rewarded

Yes BrunoT, I have to agree plus add a few other figures that drive the market as well. The official CPI is humm around 4.5% but prior to 1980, when we add in things like food and fuel and taxes we have a nice 11.5% CPI. Changes so they didn't have to up the Social insecurity system payouts. And lets look at the unemployment figures. U-3 a nice 5.5% they tell us. Well they are keeping book on U-6 which they don't publish which is 9.7% and now lets add in for all those poor folk who are no longer counted at all....those out of work for over a year and whoooo you get 13.7% The GDP is negative not positive if you take into account all those lost figures. Consumer confidence down from 105.3 to 50.4 the lowest in 16 years. Smoke and mirrors. Oh me oh my. And then on top of all that good news the Gulf Cooperation Council (Saudi, Kuwait, Bahrain, Omar, Qatar and the UAE) are looking at starting their own currancy. Watch out Euro. What $$$??? And sooner or later someone is going to pull another trigger (Iran, Africa, Israel....) and the good ole USA is going to go for broke. Some one smell something burning? Rome? The Fed? See you in September as the song goes.

A Primer in Mining Equity Investment

Being a hard core gold bug and silver bug, my take is the same as Jake2. Besides having physical possession of the stuff, I like the miners too. Safer then the ETF's in my opinion once the left takes total control of the government. We have yet to see the total tax and spend. Ex-pats including those of us in the combat zones are now being taxed on everything. Speaker of the house wants to tax all savings and IRA' and 401Ks etc etc. To make everyone equal she says. And Osama wants to create a tax to put a few billion into Africa and then of course take care of the descendents of the slaves forever, sooo to make a long winded story short, they be getting around to the gold and silver ETF's in nothing short. Horders will be criminals etc etc. So the mining stocks is where to be if you are holding anything public. But back to Jake2's comments, there is no meat here for me to sink my teeth into. What about the intermediates? What juniors have the best batting averages? ABX is buying up energy sources and others are looking to do the same for the future. Could this have an impact on making some of the majors a BHP of the future? Lots of good stuff out there just need something to hang my hat on.