Seeking Alpha

Vuke

Vuke
Send Message
View as an RSS Feed
View Vuke's Comments BY TICKER:
Latest  |  Highest rated
  • Why Gold Will Rise When The Dollar Falls [View article]
    It's not just the USD, it's the CAD, the EURO, the AUS, The YEN and every other currency you can name. They've all had a frenzied period of printing. When they're called to account it will be gold that decides their intrinsic value.
    Aug 13 12:05 AM | 1 Like Like |Link to Comment
  • Gold Likely To Break Out, But Will It Go Up Or Down? [View article]
    I don't know for sure about gold but I do know my paper money is rapidly withering in value. The last few years of utility, tax, food and energy costs has savaged my monthly budget.
    Aug 10 12:53 PM | 9 Likes Like |Link to Comment
  • Read This Before You Buy A Gold-Mining Stock [View article]
    Amber, your article is faulty in its conclusions. While it's true traditional underground mining is expensive and highly capital intensive gold miners have other options and, they're not stupid.

    The interim answer is in near surface oxides. All in, costs can be $650/oz to $1000, leaving plenty of room for profits. Capex's are low, $80M to $150M. Nevsun booked $500M in profits in little over a year mining the oxide cap of their copper deposit and is the model for others to follow.

    So, mining companies blessed with these are going to have very profitable years moving forward. Nevada is blessed with plentiful oxides so watch Corvus, Pilot, Atna, Gold Standard Ventures and others there. Colombia is also rich in them so Red Eagle and some others there should do well.

    In Africa, Banro is following Nevsun's lead with 4 oxide deposits, so, back up the truck on their cheap stock. True Gold in Burkina is financed up for oxide production in Burkina as is West African Resources (almost). Companies such as these will carry the flag for gold over the next few years as paper declines in value.

    Good oxides are rare and limited in size but they can generate the cash required to go deeper just as Nevsun has done.
    Jul 11 07:39 PM | 1 Like Like |Link to Comment
  • Gold - Remains Steady Around $1295 [View article]
    The longer gold is kept in check at $1300 the higher its ultimate value will become.
    May 23 09:39 PM | Likes Like |Link to Comment
  • Reuters Omits The Grey Areas About China Gold Demand [View article]
    Tao, may the Easter Bunny bring you insight. Taoists go with the flow (wu wei) so prefer to hold gold as the deluge of paper pours out of every economy.

    Holding gold is an almost perfect example of the Taoist philosophy of "wei wu wei" (action without action). While the world inflates the Tao believer merely stands aside and preserves his wealth effortlessly, particularly important to the Chinese as they have no "social security" and, with the one child policy, few to care for them as they age.
    http://bit.ly/1jmQrCU

    You've got the map of China upside down.
    Apr 19 11:19 PM | 2 Likes Like |Link to Comment
  • Reuters Omits The Grey Areas About China Gold Demand [View article]
    Tao, read and eat crow !

    http://bit.ly/Qw8TAJ
    Apr 19 09:34 PM | Likes Like |Link to Comment
  • Reuters Omits The Grey Areas About China Gold Demand [View article]
    "China buying zilch", Tao? LOL, you've made my day.
    Apr 19 09:35 AM | Likes Like |Link to Comment
  • China Supply Demand Dynamics May Drive Gold Lower [View article]
    >>>Investors just seem to be getting tired of the Armageddon/Apocalypse collapse of the global financial system fear trade.<<<

    LOL Robert. We've been in a state of "controlled collapse" for decades now, cleverly concealed by worldwide maniacal flurries of fiat printing. Exactly where, and when, this ends is unpredictable but one thing is certain: those mountains of debt looming on the horizon will be inflated away like a rising hot sun clearing a misty morning.

    It appears no accident of nature gold and sunshine share the same radiance.
    Apr 2 06:25 AM | 1 Like Like |Link to Comment
  • Rates Up, Fear Down: Washington Crossing Advisors Say 'Stay Away From Gold' [View article]
    Robert is beating his breast again on gold's decline. How anyone can look at the trillions of dollars, yuan and euros being printed and forecast a decline in gold beats me. Never mind the massive debts being run up.

    "Bad money drives out good" is an ageless aphorism. Convert your paper to gold and await the ultimate correction. It's bound to come.
    Mar 29 10:27 PM | 2 Likes Like |Link to Comment
  • Chinese February Gold Imports Show Strong Chinese Demand: What Chinese Credit Crunch? [View article]
    Obviously the gold price is falling because someone (CB's, miners??) are lining up to throw massive loads of bars in front of waiting Chinese, Russian, Iraqi, Thai, Vietnamese (etc. etc.) buyers. Or, are those "promises" to deliver bars?

    When the music stops on this one it will be interesting to see who is left standing holding the paper.
    Mar 27 02:56 PM | 2 Likes Like |Link to Comment
  • Is The Gold Rally Sustainable? [View article]
    >>> But if inflation returns, that's positive for gold in and of itself.<<<

    Food prices reported up 19% in 2014 !
    http://bit.ly/1iAAo5O
    Mar 26 12:04 PM | 2 Likes Like |Link to Comment
  • You Go Girl; Janet Yellen Gives Gold The Beat Down [View article]
    Wobert, waiting for $770 gold anxiously. Worried banks may start lending out the $zillions they've got parked once the warm weather hits and the economy starts to improve. Food prices and other inflationary forces are lurking that may perhaps interrupt our journey to that magic number.

    Should I load up on the way down or await your "buy" signal?
    Mar 24 09:37 AM | Likes Like |Link to Comment
  • What Is The Fed's Real Inflation Target? [View article]
    WDL, It's pretty hard to pull a number from a rat's nest of misinformation but Shadowstats gives a pretty good estimate. He figures 7% over the last ten years or so.
    http://bit.ly/lmDmS2
    Mar 14 02:54 AM | Likes Like |Link to Comment
  • What Is The Fed's Real Inflation Target? [View article]
    At 2% inflation it's going to take an awfully long time to get a real grip on deficits and debt.

    Fortunately, the real rate of inflation is much higher (which the Fed must know) so the next few years is an opportunity to inflate away our own debt by investing in those instruments that hold their real value.
    Mar 12 09:46 PM | Likes Like |Link to Comment
  • Are We On The Cusp Of A New Bull Market In Gold? [View article]
    If gold didn't exist we'd be forced to invent it.
    Feb 28 07:43 PM | 1 Like Like |Link to Comment
COMMENTS STATS
1,645 Comments
5,351 Likes