Shell Moves Forward With Major LNG Project [View article]
There's no surprises here. Shale gas from Canada's vast resources in the west that are currently landlocked, has to go somewhere. With monied up Asian energy interests looking for more LNG wherever they can find it, the ground floor opportunity Canada presents is attractive to more of these companies than you'll ever know. That they could actually wind up owning not only (some) of the facility itself but the feeder NG assets that will be the LNG that's exported to the homeland is a special lower NG price opportunity they don't enjoy elsewhere, especially with the Middle Eastern producers. The future is bright for Canadian LNG exporters and the time is right for investing in this long termed and very attractive, "once in a lifetime" North American energy opportunity.
The Canadian Players In The Booming LNG Sector [View article]
To say nothing is going to happen to any of these companies regarding LNG exports until 2015 or 2016 is ludicrous. NOW is the time to act here - not later. More JV announcements, more asset sales, maybe the entire company itself and the announcement that construction gets the formal go-ahead, will all be catalysts for higher share prices, especially this year. Even the coming major announcement regarding the 20% stake the partners have offered up to add another partner to the entire export project itself should further guarantee some serious upward share price action when it occurs. That ECA shares are right now on sale compared to their consortium partners, Apache and EOG, and it seems to me that if you aren't building a position right now, how else does one take a position in what appears to be the ground floor of Canadian LNG exports?? The real hazard in Encana shares is in not having any before any of this really starts. ECA has a definite advantage holding that (current) 30% stake of the Kitimat facility compared to any other natural gas company you can think of (except their partners) and I think some have completely forgotten this interesting & timely fact.
New Gold: A Perfect Storm For Growth [View article]
Hey Ace
New Gold closed today at $11.92 so maybe you ought to read a quote before you comment. This is one to own for some upward share price appreciation. That gold is also going higher only helps make this one a winner. Long and strong - this is a great company in which to invest. Especially right now....
Gold Prices Will Continue To Rise This Year And Next [View article]
I agree that gold will continue it's climb. Forbes dot com (at least that's where I read it) just published a story about gold by Ralph Benko titled October Surprise: Can Gold Be The Panama Canal Treaty of 2012? I won't spoil it for you but it has to do with what may happen when one of the presidential candidates start talking about implementing a national gold standard. That it has to do with what would “dramatically reduce the powers of bankers and the political class to steer the economy” and the wide support that question gets in response to a recent Rasmussen poll and there you have the main theme of the article. That it's published in Forbes, let alone even mentions GOLD in such a publication seems to me to be remarkable too. And it's not a bad read either. I hope you get the chance to read this interesting angle on gold. Oh and notice the types and percentages of those NOT interested in a gold standard. Any guesses before you read it as to who won't support or even breath the words - gold standard??? Hint - Most of them live in the vicinity of Washington DC....
Gold On The Verge Of A Major Collapse [View article]
I disagree to the point of having 5000 years of financial history on gold (and silver) and not once has it been "worth as much as a lump of coal". Nice try but ARE YOU SERIOUS? There is no better store of wealth & preserving buying power than precious metals period. Of course you can't eat gold. BUT you can surely eat what it will buy in both good times and bad. As for "gold only having value because the financial system is intact", I'll be glad to point you back to the run of those 5000 years to illustrate the absurdity of that statement. As for gold's value being as "artificial as the value of any fiat currency" I can't believe that someone who professes to know gold (through writing this piece) would even say such a thing. I've never heard a statement concerning gold's value that was more wrong than that one. Gold's perceived value is only as "artificial" as the faith based fiat currency it's being compared against. That's why I suggest measuring your gold stash in ounces. NOT fiat currencies. Which reminds me of the old saying, "real wealth is measured with the scale and come in grams ounces and kilos. Not in govt issued faith based paper promises to pay".This was a great article....to point out the fact that you should be writing about something else that perhaps you know more about.
Ominous Signals For Silver And Stocks [View article]
You may be correct as far as paper silver goes but $32 an ounce silver is an EXCELLENT time/place to be accumulating real silver bullion, call it a long termed CORE POSITION and after you secure it where you can get to it IF you want or need to, then just basically forget about it. Don't check the spot price everyday and of course don't talk about it either. Do this and prosper - guaranteed!!
The other major problem I see all the time is these flip-floppers who constantly do the valuation thingy back and forth between how many dollars is an ounce worth (from watching too much CNBC?) or even worse yet, how much is all their silver worth in dollars?? (Silver that has NEVER been "off the board" to something (the US dollar) that probably soon will be) That chunk of gold or silver isn't alive and it doesn't change through any innate power that it may or may not have - it is what it is. And it is a refined, purified piece of rock!! The only thing that changes is the amount of paper currency you need to buy some when it's price is going up or down.
Buy it (the real thing), secure it and then forget about it. If you can't do that, save your nerves and your money and go invest in something else. The precious metals markets in general and the silver market in particular, are NOT for you....
Right period in time though the wrong man. That was Voltaire, who, when it came to one liners, was certainly more prolific than Napoleon. He had a lot of them but is probably most famous (at least around here) for his quips about paper money in particular and govts in general. Google him and read his 230 + year old and still impressive bio there at Wiki....
Why You Should Stay Away From Silver [View article]
The only silver available in the low $20 range will be paper silver. IF you find any physical at that price they'll have a hefty premium attached. My local coin shop sold "well over 1000 ounces of silver at $31 with a normal premium last Friday alone and I have NONE left", according to the owner when I talked to him on Saturday. And from what I read, that's not an uncommon situation, as there is not a lot of physical silver to be had. So they can go ahead and play all these games with paper silver that they desire. Nobody holding the real thing is in the selling mood anyway, although I would add here that I think I can safely say that I speak for most physical silver holders when I say that in regards to physical silver priced in the low $20 area - BRING IT ON!!!!! That would just be another great buying opportunity before the coming....financial calamity. And if you can't bring yourself to buy any silver here at these prices, you shouldn't be in the precious metal investing arena at all. There's no wimps or pussies in the silver market....or like my buddy Chris Duane is fond of saying - “Buying physical silver is by far the greatest act of wisdom and rebellion any American can and should be doing right now.” And when you buy physical silver, I'm thinking you probably agree???
Is paper silver really silver??? The guys that maintain the wortld's largest short position of some several million ounces on the silver futures market also happens to run SLV and tell us that SLV is indeed silver?? What's that....smell??
If I hold a silver dollar in one hand and in the other I have a share of SLV (surely they physically exist?), do I have silver in both hands??
Nope. There's silver in only one hand, the hand holding the silver dollar. In the other is piece of paper that claims to be silver. What's that smell again???
What Will Gold Do Next? Predictions for 2011 [View article]
I agree....great article. I have found it much easier to remind myself that the actual money I recently used to buy a modest position in both physical gold and silver, was retrieved from my account "winnings". That is, I sold some Central Fund of Canada (seekingalpha.com/symbo...) shares that I bought over 2 years ago for about $8 and some shares out of a Euro-Pacific China Mutual Fund (seekingalpha.com/symbo...) that cost even less, and used that to pay for my physical PM purchase. I admit that I had been over-looking a physical PM position for a number of reasons. But when I heard Stewart Thomson from www.gracelandupdates.com lay it out so easily when he quipped (I'm paraphrasing here) to only buy physical PM's if you think there's going to be (or at least there's a risk of) some kind of "system failure" or problem with our currency. If you think all is well there, just continue on investing through your brokerage account. Anyway, soon as I heard it put like that, I got off my can and bought some real gold and more real silver. And I believe the risk is there, so I'd recommend YOU doing the same thing. Convert some of your winnings to real wealth now. The kind that's measured in grams, ounces and kilos. Not govt and private sector paper promises to pay that have never withstood the tests of time.
So.....let's say there is going to be a silver short squeeze and the price rockets up to let's say $50 an ounce.
So the question next has to be, do you sell at that price?? Any? Some? Or all?? What would you do??
I hope you've given this some thought. I think the answer depends on what gold is doing. But personally, any physical silver that I actually sold at $50 an ounce would be immediately converted into gold. And if for some reason I couldn't do that, I definitely would NOT sell. Holding silver, as opposed to paper anything, would be fine. That's why I think the real risk in gold and silver is in not owning any. Being long paper money these days, with no precious metals, is the prescription & sure fire way to end up like our country....in debt and broke.
Shell Moves Forward With Major LNG Project [View article]
The Canadian Players In The Booming LNG Sector [View article]
New Gold: A Perfect Storm For Growth [View article]
New Gold closed today at $11.92 so maybe you ought to read a quote before you comment. This is one to own for some upward share price appreciation. That gold is also going higher only helps make this one a winner. Long and strong - this is a great company in which to invest. Especially right now....
Gold Prices Will Continue To Rise This Year And Next [View article]
Gold On The Verge Of A Major Collapse [View article]
Ominous Signals For Silver And Stocks [View article]
The other major problem I see all the time is these flip-floppers who constantly do the valuation thingy back and forth between how many dollars is an ounce worth (from watching too much CNBC?) or even worse yet, how much is all their silver worth in dollars?? (Silver that has NEVER been "off the board" to something (the US dollar) that probably soon will be) That chunk of gold or silver isn't alive and it doesn't change through any innate power that it may or may not have - it is what it is. And it is a refined, purified piece of rock!! The only thing that changes is the amount of paper currency you need to buy some when it's price is going up or down.
Buy it (the real thing), secure it and then forget about it. If you can't do that, save your nerves and your money and go invest in something else. The precious metals markets in general and the silver market in particular, are NOT for you....
Why Did Silver Drop So Much? [View article]
Why You Should Stay Away From Silver [View article]
The Gold Bubble: Falling Usage, Increasing Speculation, And Out of Style [View article]
Gold (what, like polyester & tweed?) is out of style??
Nope....never. You're dead wrong on that. Not in 5000 years and surely not now.
When Will the Gold Market Crash? [View article]
Silver's Volatility Is Set to Increase [View article]
The Truly Remarkable Run of Silver [View article]
SLV = paper Silver
Is paper silver really silver??? The guys that maintain the wortld's largest short position of some several million ounces on the silver futures market also happens to run SLV and tell us that SLV is indeed silver?? What's that....smell??
If I hold a silver dollar in one hand and in the other I have a share of SLV (surely they physically exist?), do I have silver in both hands??
Nope. There's silver in only one hand, the hand holding the silver dollar. In the other is piece of paper that claims to be silver. What's that smell again???
www.roadtoroota.com/pu...
If Egypt Doesn't Scare the Market for Two Weeks and 10%, Some Future Event Will [View article]
Isn't it....interesting how fast things can change in our world??
Got gold? Or oil??
What Will Gold Do Next? Predictions for 2011 [View article]
I have found it much easier to remind myself that the actual money I recently used to buy a modest position in both physical gold and silver, was retrieved from my account "winnings". That is, I sold some Central Fund of Canada (seekingalpha.com/symbo...) shares that I bought over 2 years ago for about $8 and some shares out of a Euro-Pacific China Mutual Fund (seekingalpha.com/symbo...) that cost even less, and used that to pay for my physical PM purchase. I admit that I had been over-looking a physical PM position for a number of reasons. But when I heard Stewart Thomson from www.gracelandupdates.com lay it out so easily when he quipped (I'm paraphrasing here) to only buy physical PM's if you think there's going to be (or at least there's a risk of) some kind of "system failure" or problem with our currency. If you think all is well there, just continue on investing through your brokerage account.
Anyway, soon as I heard it put like that, I got off my can and bought some real gold and more real silver. And I believe the risk is there, so I'd recommend YOU doing the same thing. Convert some of your winnings to real wealth now. The kind that's measured in grams, ounces and kilos. Not govt and private sector paper promises to pay that have never withstood the tests of time.
A Bumper Day for Silver Producers [View article]
So the question next has to be, do you sell at that price?? Any? Some? Or all?? What would you do??
I hope you've given this some thought. I think the answer depends on what gold is doing. But personally, any physical silver that I actually sold at $50 an ounce would be immediately converted into gold. And if for some reason I couldn't do that, I definitely would NOT sell. Holding silver, as opposed to paper anything, would be fine. That's why I think the real risk in gold and silver is in not owning any. Being long paper money these days, with no precious metals, is the prescription & sure fire way to end up like our country....in debt and broke.
Got gold and silver??