silverwood

U.S. Treasury Owned Gold: What Can It Buy?

Good article, your analogy of what we could purchase with our stockpile of gold serious suggest that something is askew. My bet is the price of gold is way way undervalued.

Gold and Silver About to Hit Resistance

If you are managing a market, then you paint a chart picture. The question is when does it become too hard to control because of fundamentals moving against you?

Did the ECB Save Comex from Gold Default? (Part 2)

Thanks Avery for an informative and noble effort. You clearly point out that the futures market has become a rigged casino. This is just complimentary to all the other corruption and fraud that today is Wall Street. It has been suggested to end this game played by the naked short sellers in the gold/silver markets to stand for delivery and remove the metal from the various Comex storage facilities. What is your take on this and do you think it could work?

Yamana Earnings Are Golden

Robert, good article and I hold AUY also, it looks very promising. I am wondering why they cut the dividend with these good results? I seem to have missed the dividend cut announcement and if you or anyone else could direct me to a link, it would be most appreciated. I see where they have gone to posting the dividend quarterly it just was 1 cent monthly and now 1 cent quarterly a 75% decline, why?

Yamana Gold: Finding Value

Dan, good analysis and very conservative. There is a strong possibility that gold can rise to $1200 and hold a floor of $1000 after that this year. That would make AUY a $20+ stock. I'm also glad to see someone who is commenting on a company that has some skin in the game...Disclosure: I currently hold shares of Yamana Gold. I am also long AUY.

A Golden Investment in 2009 and Beyond

After reading this article, it appears that the author is writing it to himself. He is trying to decide if he should invest in gold. After all it is apparent that he really doesn't understand gold as he states;

"I had discounted gold as an investment because in essence it is a speculative commodity with little utilitarian purpose beyond that of jewelry."

But now he says;

"I am not as bearish on gold as I once was, but I still see it is a hedging strategy in case stock markets start to tumble, rather than a pure play, long term investment."

Stock market hedge? Gold is MONEY! pure and simple and it trades as such. What gold is reacting to is a global movement by Governments and their central bankers to print more fiat money therefore debasing their currencies. That is why you are seeing new all times highs of gold in terms of Euro, Briitish pounds, Canadian $ etc. Shortly a new higher high coming in US$.

ETF vs. Mutual Fund: Two Ways to Invest in Gold Miners

Although I agree with the author that buying a gold mutual fund or gold ETF is a good idea, this should be done after you have in your possession the physical metal (gold and silver). The physical metal is insurance against a currency collapse, or severe devaluation.

I disagree with the author's view that gold is just a commodity and it's valuation is only derived from fear of inflation. Gold is a currency and trades as such. Gold is real, natural money.

AS for the choice of investment the authors has suggested FSAGX, the mutual fund would be better for those investors who are seeking long term buy and hold stratergy, while GDX, the ETF would be better suited to those more prone to trading. Personally I would suggest some exposure to the junior explorers as that sector has been completely trashed and careful due diligence on selected companies could prove the greatest rewards.

Wellington West Studies Eight Gold Equities, Picks Two Favorites

I have to agree with the authors on their pick of Yamana Gold (AUY). They have a very capable management with CEO, Peter Marone being quite possibly their most valuable asset. I am biased because I am long AUY and have increasing my position during weakness since my 1st acquisition in 2003.

Yamana Gold's New Equity Will Enable More Project Development - TD Newcrest

Yamana is an excellent company with a very intellengent and respectible CEO, Peter Marone. AUY does have signification copper byproduct that they were hedging at higher prices, I believe they will ride out this deflationary period well and copper price will rebound later in 2009. My opinion is to buy/accumulate AUY on significant pull backs and then be patient.

3 Gold Miners That Stand to Sparkle from Growing Demand

Yes, I agree with the author's stocks picks and there are others that should do equally as well. GG, IAG. PAAS and GBG to name a few. All the gold/silver miners were sold off severely. The fundamentals are improving for gold/silver and taking a longer term view this appears to be a good entry point to accumulate said stocks.