The Arithmetic of Gold: Why Its Price Has No Ceiling [View article]
My grandfather bought ATT, IBM, JNJ, ABT and these worked a lot better than gold. Keep some gold around, but don't put the house into it.
On Oct 07 09:47 AM Gold Miner wrote:
> My Grandpa told me that buying and collecting gold coins is the best > way to establish myself and that it was a great hobby as well. He > told me about how the government confiscated the United States Citizens > holdings of gold back in 1933. That the only legal way to possess > gold was in rare coins. He and his buddies converted all their greenbacks > into gold liberties and St Gaudens coins. My dad also got the gold > bug at an early age and he too had put 30% of his savings into gold. > Coin collecting was always a part of my upbringing so when Gerald > Ford passed a bill in 1974 allowing us to possess gold and the mint > started minting the gold eagles in 1986 I bought as much as I could. > > I am 52 years old now and I am watching my grandpas vision come to > pass. I have consistently converted my earnings into gold and silver > and look at the central banks and federal reserve run our country > into the ground. The power hungry powers to be will stop at nothing > to see who has the biggest balls. Its all about power. I inherited > my families fortune as will my children. It's not about power as > much as it is the quality of life. Something these guys know nothing > about. > Secure your families wealth while you can. Get away from the dollar > and into gold and silver now before it's too late. It's not the germans > we have to worry about it's the federal reserve and the central bank.
Lead-Carbon: A Game Changer for Alternative Energy Storage [View article]
I'm wondering how the market for energy storage is going to grow to $100 billion in the next few years with oil and natural gas so cheap. Unless we get a carbon tax (which I'm in favor of), or oil and natural gas prices double in price, I dont see how market forces are going to create $100 billion in demand. I'm a big believer in global growth, so a double in oil and natural gas certainly possible, but do you see other economic factors that are going to drive the energy storage market? White House tax credits alone won't do it.
On Jan 18 02:14 PM John Petersen wrote:
> TSVee, I know there are a lot more tests that need to be performed > and documented, but I suspect you have a far better idea of what > they would be than I do. I have every reason to believe the research > staff is doing everything to document the technology properly, but > I've been out of the loop for about a year and don't have any kind > of firm idea about what data will be released and what the timing > will be. I'm very confident that all data will be thoroughly documented > before it's released. The board wouldn't tolerate anything less. > > > Renzo, from what I know about ZBB, they're looking at multi-hour > discharge profiles while Axion is focusing more on the 15 minute > to one hour range. ZBB's prospects look pretty bright from where > I'm sitting. In the final analysis, if this market grows from $25 > billion to $100 billion like the experts predict, everybody will > have more business than they can possibly say grace over. > > Tredelon, When it comes to valuing companies, I look at the premium > between market capitalization and stockholders equity. For ABAT the > premium is $64 million; for ALTI the premium is $52 million; for > HEV the premium is over $500 million and for Axion the premium is > closer to $32 million. I like ABAT's plan to focus on things like > the Veken scooter and electric bicycles. The places I see big trouble > are companies that want to power EVs or the stabilize the grid with > $1,300 per kWh batteries. > > I wouldn't be so sure about Axion's need for a capital raise anytime > soon. The board throws nickels around like manhole covers and the > company has about $8 million of revenue backlogged. If development > proceeds apace, Axion will have substantial recurring revenue before > it needs more money, and financing roll-out of a commercial product > is far different from financing R&D. > > Frflyr, no idea why, just licking my wounds with everyone else.
Lead-Carbon: A Game Changer for Alternative Energy Storage [View article]
Johnson Controls (JCI), a major manufacturer of car batteries, missed earnings and guided below consenses, depressing the battery group.
On Jan 18 01:37 PM frflyer wrote:
> Any idea why Exide fell 20% friday? I don't see any news that would > cause such a big drop on high volume. > > At P/S 0.10, forward P/E 2.4, P/Book 0.79 it certainly looks cheap.
America Must Rebuild Domestic Battery Manufacturing Infrastructure [View article]
I have had difficulty finding the patents of axpw. I have made several different types of search queries at patft.uspto.gov/, both in the issued and pending areas. I have looked at over a hundred patents and still have not found any belonging to Axion Power. I have also asked Axion three times for the patent numbers and/or who the patents are assigned to, but Axion does not respond. Could you provide me with the patent numbers? I'm simply an interested investor.
China's Greatest Trade Ever: The Sequel [View article]
The GLD chart sits near 52 week lows. One would expect, with all the global financial turmoil, any anticipated change in the supply/demand picture for gold would show up on the chart. A break over the 75-77 range in the next few days may mean something is up. My motto is "Let the market take you into a trade."
Nine Energy Storage Stocks for the Recession [View article]
Is it true that Axion Power International has to overcome manufacturing hurdles, both technical and cost-wise? If so, have they been making enough progress on it to begin ramping up production in 2009? Also, I was looking around the patent literature and could not find any issued patents for Axion. What is their intellectual property position? I asked the company these questions over a week ago and they have not responded.
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Latest | Highest ratedThe Arithmetic of Gold: Why Its Price Has No Ceiling [View article]
On Oct 07 09:47 AM Gold Miner wrote:
> My Grandpa told me that buying and collecting gold coins is the best
> way to establish myself and that it was a great hobby as well. He
> told me about how the government confiscated the United States Citizens
> holdings of gold back in 1933. That the only legal way to possess
> gold was in rare coins. He and his buddies converted all their greenbacks
> into gold liberties and St Gaudens coins. My dad also got the gold
> bug at an early age and he too had put 30% of his savings into gold.
> Coin collecting was always a part of my upbringing so when Gerald
> Ford passed a bill in 1974 allowing us to possess gold and the mint
> started minting the gold eagles in 1986 I bought as much as I could.
>
> I am 52 years old now and I am watching my grandpas vision come to
> pass. I have consistently converted my earnings into gold and silver
> and look at the central banks and federal reserve run our country
> into the ground. The power hungry powers to be will stop at nothing
> to see who has the biggest balls. Its all about power. I inherited
> my families fortune as will my children. It's not about power as
> much as it is the quality of life. Something these guys know nothing
> about.
> Secure your families wealth while you can. Get away from the dollar
> and into gold and silver now before it's too late. It's not the germans
> we have to worry about it's the federal reserve and the central bank.
Lead-Carbon: A Game Changer for Alternative Energy Storage [View article]
On Jan 18 02:14 PM John Petersen wrote:
> TSVee, I know there are a lot more tests that need to be performed
> and documented, but I suspect you have a far better idea of what
> they would be than I do. I have every reason to believe the research
> staff is doing everything to document the technology properly, but
> I've been out of the loop for about a year and don't have any kind
> of firm idea about what data will be released and what the timing
> will be. I'm very confident that all data will be thoroughly documented
> before it's released. The board wouldn't tolerate anything less.
>
>
> Renzo, from what I know about ZBB, they're looking at multi-hour
> discharge profiles while Axion is focusing more on the 15 minute
> to one hour range. ZBB's prospects look pretty bright from where
> I'm sitting. In the final analysis, if this market grows from $25
> billion to $100 billion like the experts predict, everybody will
> have more business than they can possibly say grace over.
>
> Tredelon, When it comes to valuing companies, I look at the premium
> between market capitalization and stockholders equity. For ABAT the
> premium is $64 million; for ALTI the premium is $52 million; for
> HEV the premium is over $500 million and for Axion the premium is
> closer to $32 million. I like ABAT's plan to focus on things like
> the Veken scooter and electric bicycles. The places I see big trouble
> are companies that want to power EVs or the stabilize the grid with
> $1,300 per kWh batteries.
>
> I wouldn't be so sure about Axion's need for a capital raise anytime
> soon. The board throws nickels around like manhole covers and the
> company has about $8 million of revenue backlogged. If development
> proceeds apace, Axion will have substantial recurring revenue before
> it needs more money, and financing roll-out of a commercial product
> is far different from financing R&D.
>
> Frflyr, no idea why, just licking my wounds with everyone else.
Lead-Carbon: A Game Changer for Alternative Energy Storage [View article]
On Jan 18 01:37 PM frflyer wrote:
> Any idea why Exide fell 20% friday? I don't see any news that would
> cause such a big drop on high volume.
>
> At P/S 0.10, forward P/E 2.4, P/Book 0.79 it certainly looks cheap.
America Must Rebuild Domestic Battery Manufacturing Infrastructure [View article]
China's Greatest Trade Ever: The Sequel [View article]
Nine Energy Storage Stocks for the Recession [View article]