Seeking Alpha

MoneyMine » Comments |

Sort by:
Latest | Highest rated
  • Junior Miners On Sale [View article]
    Joey,

    Thanks for the advice on Trade Winds Ventures. I bought it before it bottomed, but I can see that it hit the bottom now and I am buying more!

    I have been researching the relationship between precious metals and mining stocks, as well as paper "money" manufactured by Uncle Bernie Clause with his Bailout Nation "Printing Pre$$e$ Gone Wild". Although the global economic slowdown has created a temporary deflationary period, supposedly bursting the so called "Commodity Bubble", it has created yet another real bubble... THE US TREASURY BOND BUBBLE!!

    Historically, uncertain times create a rush to gold, as investors seek the safety of its intrinsic value. Same goes for silver, "the poor man's gold", which is currently in an extreme shortage, and actually rarer than gold as far as above ground mined supplies go. Both gold and silver paper spot prices have been artificially manipulated by naked shorting. Two major players, JP Morgan & Morgan Stanley, represent shorts of 30% of all silver. Forget the Paper Morgans (their stocks haven't performed well at all lately) and take delivery on the real money... Morgan Silver Dollars.

    Trade Winds Ventures (TWD.V/TDWIF) seems to have bounced bigtime yesterday, as gold topped and remaned at the psychological barrier of $900/oz. at the end of the day. At a time when "experts" besides Peter Schiff are talking about the inevitability of inflation due to FED policy of debt monitisation through printing massive amounts of paper "money" and the US Treasury Bond Bubble, gold's surge above $900/oz is an extremely bullish indicator of things to come.

    I believe that due to the critical Silver Shortage and massive naked shorting of both gold and silver, more COMEX futures traders will increasingly begin taking delivery of the actual metals, rather than converting the value at the expiration of the contracts into paper dollars. This could cause a massive default in the COMEX contracts (some call it CRIMEX due to the artificial manipulations by naked shorting), which will indeed destroy the artificial manipulation schemes, as investors suddenly realize that paper is cheaply printed, but real money is mined and minted. The news will no longer be able to be suppressed, creating what I believe will be the biggest gold/silver rush in all history.

    Another cheap stock that was substantially higher just a few months ago that bounced big yesterday is Nova Gold (NG), which increased 18% at the close, the highest for major gold miners. Nova Gold is also a copper miner, and copper has taken a major beating in the bursting of the "Commodity Bubble". When copper bounced yesterday, I believe it signaled a bottom for the overall commodity market, as it is one of the last metals to bottom. The combination of gold and copper bouncing was extremely bullish for NG.

    Two Silver Stocks that deserve some attention and performed extremely well as silver approached $12/oz again, from a low in the $8/oz range are Silver Standard Resources (SSRI) and Silver Wheaton (SLW). They are both sitting on mother lodes of silver, and have had the staying power to wait out the drop in silver prices to ride the upside bounce they have seen coming, which management knew was inevitable due to the current policy of debt monitisation and extreme silver shortages.

    It is extremely interesting to note here that, although JP Morgan is the largest naked short holder in the world, they are also a major stock holder in SSRI. Perhaps when silver prices break out from the manipulation of all the naked short positions held, JP Morgan can mitigate their potentially astronomical losses by the massive gains they expect from their massive SSRI holdings.

    How long can the USD be propped up by nothing more than "confidence" in a Bailout Nation that many still believe is "too big to fail", that may be forced to default on historically safe bonds if foreign investors and countries like China stop buying up the massive amounts of escalating debt? Everyone knows that it's beyond the point of no return and that the debt of the nation can never be repaid, except through massive debt monitisation of FED printing presses, which inevitibly leads to HYPERINFLATION, banana republic or Zimbabwe style.

    Yes, the time for gold and silver to shine has certainly come... It's important to get some of the real deal in your hands and hide it well, while it can still be found, as the spot price and the premium over spot spread is widening very quickly, especially for silver coins, which are increasingly harder and harder to find if you can get them at all. I believe a good strategy is to buy up the extremely cheap mining stocks right now while they are beginning their bull run, or consider buying call options on them, which are still relatively cheap. Perhaps even consider buying call options on COMEX SILVER, and try to take delivery at the expiration of the contract, which they will not smile upon, but you have the right to do none the less. Just remember, the contracts may default.

    In any case, if you are seeing the tide turning into a financial tsunami like Peter Schiff and I do, then jump on now and ride the bull rocket into the stratosphere... before it launches!! The ignition sequence has begun!!

    3, 2, 1... We have LIFTOFF!!

    Peter Schiff of Euro-Pacific Capital says to diversifiy out of USDollar denominated assets ASAP, as the value of them will go down with the dollar when it drops. Despite all of the controversy, he & US Rep. Ron Paul have been right on the money all along. We should all do our own homework and research, despite all the official "news" propaganda being spun like wild in a last ditch effort to prop up the US Dollar!!

    The US Constitution says: A Dollar = X amount of grains of Gold/Silver.
    The Federal "Reserve" Board says: Paper Dollars they Print is "money".

    FIAT MONEY = FAKE MONEY. Paper is Printed. Real Money is Minted.
    The FED is private & without real reserves, so what's left? Confidence??
    Real Reservations about Dollar Destruction & loss of savings are arising.
    Why not just print a billion dollars for ALL of US, & we're all billionaires!!!

    Everyone must trust in something... What did Founding Fathers trust in?
    At least all that paper the FED's printing still says: "IN GOD WE TRUST".
    Jan 24 12:13 pm |Rating: 0 0 |Link to Comment
Comments by Ticker
MoneyMine's
Comments Stats
1 comment
Rating: 0 (0 - 0 )