User 305589

Invest in Gold Miners, Silver Miners, or Both?

CDE is one of the worst run silver miners that have ever been in existence. As long as current mgmt runs the company you can be sure of two things (besides taxes and death): They will continue to dilute the living daylights out of shareholders. And the ceo will stay focussed on disco dancing instead of creating shareholder value.

Dennis Gartman on Gold, Oil, Government and the Economy

The guy is way overrated. His remarks regarding oil are hillarious. on the one hand, he -correctly - figures out that you cannot trust OPEC's pumping statistics and their cut-announcements. But this doesn't stop him from believing their absolutely unproven resource claims! Even though they form the basis for the individual countries' quotas - which means they have every incentive to report their resource base as high as possible. Go figure. Yes, we have a lot of crude next to Brazil or in the tar sands. right. it just costs awesome amounts to drill and proceed those supplies.
others have commented on his silly debt comparisons so no need for me to dwelve on those again.