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RbarPNW

RbarPNW
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  • Avoid Newmont Mining [View article]
    ETF's are not efficient over extended time periods because of tracking error. The Looney has disappointed for an extended time.
    Apr 26, 2015. 07:58 PM | Likes Like |Link to Comment
  • Avoid Newmont Mining [View article]
    Paul Volcker saved the dollar; gold had been doing well until he altered the course of Fed policy and subsequent events. To own dollars without a hedge in gold is a bet on another save of the dollar. Any save is going to be at a much higher gold price. The political support required for meaningful change will be reactionary as it was then.
    Apr 26, 2015. 12:13 PM | Likes Like |Link to Comment
  • Avoid Newmont Mining [View article]
    The measures of inflation are distorted and have evolved to suit the needs of the masters. A reference point for this "progress" is explained by John Williams at shadowstats.com: http://bit.ly/nyzRiF
    You get what you measure.
    Apr 26, 2015. 12:06 PM | Likes Like |Link to Comment
  • Avoid Newmont Mining [View article]
    This article is based on different assumptions and different logic than I use.
    Gold is a currency and it is the leading alternative to the world's reserve currency. Central bankers own it for a reason. Gold isn't consumed; it is reclaimed, recycled and owners pay to insure and store it. The academic Erb & Harvey paper's speculation on gold prices being impacted by asteroid mining is an amusing attempt to discredit the value of gold. Meanwhile, back on Earth, "Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output." (Milton Friedman)
    To believe otherwise after a large stock market rise based on central bank monetary easing is understandable. The punch bowl is overflowing and has blurred some investor's perspective. <hiccup> No academic theory or mathematical formula legitimizes the political expediency of currency debasement.
    NEM may have its challenges including geopolitical ones that are ignored above, but it is likely to perform well in any forthcoming rally in gold and gold mining shares.
    Apr 25, 2015. 02:06 AM | 4 Likes Like |Link to Comment
  • The Richmond Fed Gives You 3 Persuasive Reasons To Prepare For Higher Inflation [View article]

    Gold doesn't get consumed like a other commodities. It is carefully reclaimed and recycled. As money, gold doesn't pay interest because it is a store of value with no credit risk. The weaker the currency, the higher the interest rate required for people to hold onto it. Nobody pays for goods with gold because it would be foolish to diminish one's store of value while hanging on to paper money. Google Gresham's Law to see that nothing has changed for a long time in that regard.
    Since the supply of gold is fixed relative to annual production, demand drives the market. Changes in investor demand for gold as money makes the price very volatile. Gold is a very efficient form of diversification in these uncertain times of monetary experimentation.
    The demand for money isn't measurable or predictable; it can only be inferred. The hounds have been let loose -- "Inflation is always and everywhere a monetary phenomenon."
    Apr 17, 2015. 02:03 AM | Likes Like |Link to Comment
  • The Richmond Fed Gives You 3 Persuasive Reasons To Prepare For Higher Inflation [View article]
    scctty,
    Nobody can argue that gold has declined after a huge run to almost $2,000 per ounce. Nobody can tell you what the price will be in a week, month or year out.
    Your price prediction ignores the fundamentals. Do you doubt what causes price inflation? "Inflation is always and everywhere a monetary phenomenon." Inflation continues to erode the purchasing power of the U.S. dollar; the leading alternative currency to the dollar is gold.
    Record gold prices are a real possibility in a multi-year time frame. To not own some as a diversification is like not insuring your house or car. Events happen without warning, especially in the monetary realm.
    Apr 14, 2015. 10:19 PM | 1 Like Like |Link to Comment
  • Frontier Markets, With A Focus On Mongolia [View article]
    In this recent interview, CEO of YAK/MGG mentions that if Mongolia business conditions remain challenging, that YAK may partner to buy more downtown real estate at distressed prices.
    http://bit.ly/1HpZ5PA
    Apr 14, 2015. 10:01 PM | Likes Like |Link to Comment
  • Frontier Markets, With A Focus On Mongolia [View article]
    Some perspective on the young Mongolian democracy:
    http://bit.ly/1GFujDp
    Apr 14, 2015. 01:53 AM | 1 Like Like |Link to Comment
  • Mongolia Approves Oyu Tolgoi Expansion: Rio Tinto Impacted? [View article]
    I agree that this is PR until RIO Tinto issues a statement. But it is hopeful.
    Mining is a tough business even with government support.
    Mongolia Growth Group (TSX: YAK) may have greater financial leverage to any resumption of Mongolia's economic growth. Laurence Lavelle (above) has a 1-stop article with hundreds of comments about interesting Mongolia-centered investments.
    Apr 8, 2015. 01:16 AM | 1 Like Like |Link to Comment
  • Frontier Markets, With A Focus On Mongolia [View article]
    Words of a "Mongolian Spring" in FDI from the Prime Minster:
    http://bit.ly/1FcIWrY
    Apr 5, 2015. 12:14 PM | 1 Like Like |Link to Comment
  • Mongolia Weekly Update [View instapost]
    Jon, congratulations on the difference you made for these people.
    All of us have elected representatives and the staff of Justin's various political representatives might have been able to provide guidance if not assistance. All our elective representatives have staff who work issues of constituent services.
    I will send you a sample item via private mail.
    You rock.
    Rbar
    Mar 2, 2015. 11:15 PM | 2 Likes Like |Link to Comment
  • Frontier Markets, With A Focus On Mongolia [View article]
    This property brochure has a very clear aeriel illustration of MGG's Tuguldur Centre's location adjacent to Peace Avenue:
    http://bit.ly/1EqGcsc
    Click here for more details on the Tuguldur Centre
    Feb 18, 2015. 10:46 PM | 1 Like Like |Link to Comment
  • Frontier Markets, With A Focus On Mongolia [View article]
    Mr. Springer gives an excellent strategic overview of the Oyu Tolgoi project's past and present challenges and the context in which they evolved.
    http://onforb.es/1La3o1Z
    Feb 17, 2015. 07:03 PM | 2 Likes Like |Link to Comment
  • Where Food Comes From Will Help Save McDonald's [View article]
    I found nothing compelling in the article. Ishi Kenjo's summary was spot on: Correction: Marketing campaign called "Where food comes from" may save McDonalds. Does Chipotle need this?
    An agriculture broker once told me that the USDA Organic seal has merit; I accept that. Will consumers start reading restaurant inspection information, too? Will WFCF give an advantage to larger firms who can spread the expense over more locations? Have you ever read regulatory definitions of what impurities are allowed in food?
    WFCF scratches an itch no doubt. If you can direct me to a deeper report, I would be interest to read it.
    Feb 12, 2015. 12:11 AM | Likes Like |Link to Comment
  • Where Food Comes From Will Help Save McDonald's [View article]
    I enjoyed your sentiment. With all due respect, this article reads like a marketing pitch for the company rather than an analysis of the business and it's profitability. What first mover advantage can there be in such an industry? Do they simply piggyback on government mandated data gathering?
    I've never understood how food is successfully sold on the basis of low cost; food is an item where you probably need to avoid the low cost provider. The lowest cost food is that which is rejected by the large processing plants that have quality control programs.
    Feb 11, 2015. 12:51 AM | Likes Like |Link to Comment
COMMENTS STATS
123 Comments
96 Likes