chux08

Richard Gray on the Two Real Drivers Behind Gold Price

"IAMGOLD and their niobium mine....."

That's funny because before today I don't think I ever heard the word. But I was just reading about a historical resource estimate of that very substance at Ucore Uranium's website, where they say they have a 96 million pound resource of niobium (among other heavy REE's) at their Bokan Mountain REE Project in Alaska.
www.ucoreuranium.com/ - just scroll down to see it

Could Ownership of Companies Like Silver Wheaton Be Outlawed?

The people I know who hold gold & silver also hold guns and the government's chances of "recovering" either from such folks are, I would say, between SLIM & NONE. And besides, there's just too many lawyers in the US with not enough to do to ever let something like this try and get a foothold. You want to see a gold & silver black market?? Just let the tyrants in Washington DC try such skulduggery and they'll get another valuable lesson in Economics 101, something that's obviously missing, along with studies of history. Could you possibly find a group of so called leaders anywhere that constantly display such....IGNORANCE and lackluster performance on either subject as they do in the halls of our government?? That's OUR problem....

The author's right about possibility number 2 and Silver Wheaton...the rest of his article just.....inflames passions.

Major Buy Signal Now Flashing for Gold Stocks

If you guys want to know how to NOT buy gold, just follow Dennis Gartman, writer of the Gartman Letter. You'll see that guy buying gold on the way up and then he'll be shorting gold while it's falling. It's QUITE amusing!!
Personally, I had about 3000 ounces of silver in my GoldMoney holding, which I had acquired last November at under $10 an ounce. Here about 10 days ago, I flipped ALL of my silver bullion while I was up and then bought gold while it was about $867 an ounce. Let's see.....I sold some last Friday, though NOT MUCH, for an almost $50 per ounce....profit. And some are still standing at the sidelines wondering what they should do regarding gold?? You keep wondering and I'll keep selling when the price is flying and buying more when the price goes down.
Just remember that....when you get so nervous about the price of gold falling and you sell your gold INTO WEAKNESS because you lost your....nerve? No...if you're selling your gold into weakness, YOU'VE LOST YOUR MIND!! And there'll be others just like me waiting to relieve you of your falling in price gold, laughing all the way to the proverbial bank. You think I'm kidding??
Try this next time....
BUY gold when it's going DOWN (What? You think it would EVER fall to zero, like your paper money in your wallet is going to do?? Until you get over that mental block, you'll NEVER do well investing in gold). When it keeps going down, buy more. The more it falls, the more you buy. And then when it turns around (which it always does) SELL some of your gold when it's appreciating and going up in value. SELL INTO STRENGTH. Again, you think I'm kidding?? How much gold did YOU sell last Friday for a profit??
If all of this sounds...interesting to you, may I invite you to have a look at a gentleman's website that has helped me IMMENSELY when it comes to my investing in gold and other commodities, UNLIKE NO OTHER?? Check out Stewart Thomson's:

gracelandupdates.com

Major Buy Signal Now Flashing for Gold Stocks

Your jeweler is smart....and he probably buys gold like the bankers do. And that's when it's going down. When you go to the supermarket do you look for and buy the highest priced tomatoes? Of course you don't. Then why in Hell would you buy gold when it 's going up?? Your jeweler was busy buying when it was down around $870 or so just like the bankers were busy doing. Just like I was doing doing. Today what was I doing?? I WAS SELLING GOLD FOR A PROFIT unlike you who were standing around wondering if it's time to.....jump in?? My God...WAKE UP!! And go ask your wife how she buys groceries and then maybe let her go and buy your gold....

Invest in Gold Miners, Silver Miners, or Both?

No mention of Alexco or MAG Silver? Though their share price isn't a match for SLW, PAAS or SSRI, IF there happens to be a downside move, these two wouldn't (in theory) move as far in that direction.
AXU has been mentioned in Seeking Alpha numerous times and now that they're all cashed up, thank to a deal with Silver Wheaton some months back, and on their way towards production, you definitely have to take a look at them.
MAG could be the object of a takeover, not to mention they have an excellent resource there in sunny old Mexico, with the drills continuing to turn.
Other than that, the author's right about a limited selection of QUALITY silver miners available to those in the know about silver stocks....

Will Gold Stock Earnings Surprise Anyone?

Sounds like he's saying you'd be better off buying Yamana, Silver Wheaton or Royal Gold shares and I think his chart says the same thing. I sold my shares of SLW about 10 days ago for a nice 26% profit and then they dipped back down to where I sold em, earlier today. So guess what I bought....again? Not as many as I sold but I guess we're made for each other. I added more AUY shares today also, as well as a couple more LOW PRICED GLD ounces. It's good to be diversified....in precious metals!!
Great article, thanks!

Is This the Death of Gold & Silver Stocks? Part II

"Would you be tempted to buy BHP if it were down around $63 again? Would you be willing to consider Silver Standard Resources (SSRI) if it were selling closer to $20-a-share?

You might just get that chance (and then again, you might not). If enough people begin to believe and spread the gossip that the "Miner's Run Seems Over" there could be a short but nasty selling spree among the most heralded names among them."


Oh...baby, I CAN HARDLY WAIT!!! Bargains await...and when I have some $$ too. I've said my prayers and I've been a GOOD BOY. It looks like Santa's coming early. Hope YOU're ready!!

If This Comes True, You'll Be Glad You Own Gold & Silver

Bullish Bankers = Smart Bankers judging by what I just read...

But aren't the words gold and bankers an oxymoron? Or does it just seem that way?? :-)

GREAT article nonetheless!!