AssetReset

With $1.7B in debt, Trump Entertainment Resorts declared bankruptcy in February, just days after Donald Trump said he was severing ties with the casino company. Now bondholders are objecting to Trump's plan to buy the company for $100M and leave them with nothing.

Short selling your own casino, brilliant

The Gold / Silver Ratio: From 1300 to 1900... And Now

The real stuff and junior miners are lining my pockets (I have small pockets)
There will be a race to currency devaluation as the Chinese and the US have clearly stated that currency strength takes a back seat to "recovery"

The Wall Street Journal reports that after an all-nighter, California lawmakers have approved a $24B plan to close the state's budget gap, including $16B in spending cuts and no new taxes. Gov. Arnold Schwarzenegger is expected to sign the bills by Monday.

My graduate tuition was doubled!
BUT - it is still the cheapest graduate school in the country and still heavily state subsidized
I am still thankful

9 Stocks Giving Dividend Raises in Q209

Don't forget the oil majors
Most yield 3 -7% right now and a great inflation hedge to boot

Today in Commodities: Thursday, July 2

Oil bubble burst?
Correction maybe - certainly not burst

USD is still weak, developing nation's oil consumption is not slowing (it is increasing). Where is the bubble.

The low-hanging fruit has been picked; new resources are hard to get. Pumping crude is now more expensive than ever.

Oil @ $60 properly reflects fundamentals in my eyes:
Developing national demand
Scarcity becoming an issues the MOMENT demand ticks up

No bubble here
I buy on all pullpacks

Silver's Strength Waning

Silver is more volatile than gold and reacts more harshly to dollar movements. Downward movement of markets are strengthening the dollar and exerting downward pressure of silver.

When the markets stabilize (no improvement needed), the FED's capital injections will hit the streets, and silver will vastly outperform gold.

These "dips" just just entry points for me. Half of my paycheck, every paycheck.

Silver Wheaton: A Hidden Gem

SLW is in the mining business...
It provides initial funding for several junior mining companies
That is risky

When you provide 15M of financing with a junior miner with no cash flow and a 60M market cap, you are taking on risk

They do get to avoid employee safety and environmental issues, but that is about

If you want a "hidden gem" research the silver miners that Silver Wheaton funded (I have one and I keep adding to my position)

The only barrier to entry in SLW's business is money and mining expertise.

SLW is my DD expert
I invest in junior miners they finance

Hidden Gems = Viable Junior Miners

Gazprom's Recent Deals Should Be a Red Flag to the Rest of Europe

Read this article:
www.forbes.com/2009/06...

The credit crunch has Russia rethinking its hardball energy stance
I don't think the Russians are going to withhold any more gas from Europe, it NEEDS the cash flow

Russia starting to wake up to the global energy game which requires capital and expertise, not just vast resources


On Jul 02 02:59 PM Larry House wrote:

> Very interesting. We have had indications already that Russia will
> hold Europe hostage whenever she can. Why shake down just one country
> at a time?

China Wants More Gold

Plus its 80B less USD for them to worry about

Is Inflation a Fact… Or Just an Opinion? Part II

Printing with reckless abandon
How can that not be inflation?

The only deflationary spins I constantly hear spinning is the FED

Remember: every key stroke increases QE 10 fold

Headlines from the 1930s: Sound Familiar?

There is one headline today that you will find no equivalent to in the 1930s: STIMULUS

I am certainly not saying that the green shots are working, they are not

However STIMULUS is the input that changes processes, and outputs of this financial crisis

A side note: "it was not until 1942 that a helicopter designed by Igor Sikorsky reached full-scale production"

23 High Quality, High Dividend Stocks

STO, BP, and RDS are all yielding over 5% annually and are effective hedges against inflation

I understand the growth isn't there but for dividend play only you cant look pass the multinational oils

Gold, Green and the Fate of the Dollar

DD is a MUST regarding Junior Miners, Junior miners can be in any of the exploration, development, and production stages with the most in exploration less in development, and even less in production.

The first thing you want to research is: mines
What does the junior make claims to?
What are their proven reserves? Inferred reserves?

Do they have mining permits?
Cash flow? (probably not, but if you find junior with a cash flow its a huge plus)
Financing?

Follow just a few juniors as minor news can make/break a junior.
Find ones with partnerships or JV with a financing partner (ie Silver Wheaton partnership)

These are just a few junior questions
I dont pump my juniors, because I am slowly cost averaging in

Disclosures: LONG junior miners


What you want to look for it this:


On Jun 26 06:57 AM ZagnZig wrote:

> Has anyone researched which of the junior miners are going to be
> the best-performing? What are the most important selection criteria?
>
>
> Interesting quotes:
> “spectacular gains to be had in the smaller silver miners if you
> choose wisely”
>
> “the precious metals junior miners are going to be one of the best-performing
> sectors in the next few years. Silver miners ought to be just spectacular.”
>
>
> Thanks in advance !

Buy Hemispherix Before Ampligen's FDA Approval

Thestreet.com (Kramer) is Negative?
The Signal: BUY BUY BUY BUY BUY

Thestreet pushes hindsight like it is investment advise


On Jun 24 02:57 PM oldetimer wrote:

> Adam Feuerstein of The Street.Com has a completely different take
> on HEB; extremely negative (please read it). I am very interested
> to learn other's opinions of his article.

Buy Hemispherix Before Ampligen's FDA Approval

Thestreet.com (Kramer) is Negative?
The Signal: BUY BUY BUY BUY BUY

Thestreet pushes hindsight like it is investment advise


On Jun 24 02:57 PM oldetimer wrote:

> Adam Feuerstein of The Street.Com has a completely different take
> on HEB; extremely negative (please read it). I am very interested
> to learn other's opinions of his article.