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Albertarocks

Albertarocks
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  • Maintaining A Long-Term Bullish Outlook For Silver [View article]
    "Also, one does not need to be an expert technician to see that spot silver and iShares Silver (NYSEARCA:SLV) appear to be forming a head and shoulders topping pattern."

    Actually, one just needs to be completely bereft of any technical knowledge at all in order to see the pattern you suggest.

    Just so you know for the next time... there is no such thing as a head & shoulders topping pattern at the bottom end of a long downtrend. They only occur at tops.

    Perhaps what you meant to say was "Also, one does not need to be an expert technician to see that spot silver and iShares Silver (NYSEARCA:SLV) appear to be forming a double bottom." At the very least... that statement at least carries some validity.
    Apr 6, 2015. 10:32 PM | 5 Likes Like |Link to Comment
  • Alexco Reports Fourth Quarter and Year End 2014 Results [View article]
    I have started looking into the story of Alexco and to me this company looks like a slam dunk at these prices. They have sole ownership of the entire silver rich Keno Hill Mining District in the Yukon, and have the only operating silver mine in all of Canada (although the mine is shut down until silver prices improve).

    They do ongoing exploratory drilling and have proven reserves that suggest that Keno is probably the richest silver deposit in the world.

    On top of that, they operate a mine-site restoration service wherein they reclaim and rejuvenate old mine sites that were left a mess by others. This operation is a cash cow which Alexco uses to help fund their mining explorations. I don't see how a person could go wrong buying this company and I plan starting to do that soon... like probably tomorrow. I do want to see how the market responds to their conference call tomorrow morning though. It can be heard on the Alexco website here:
    http://bit.ly/1Gp78Mh
    Mar 25, 2015. 09:58 PM | Likes Like |Link to Comment
  • $Silver Giving Topping Signals, Extreme Caution Warranted [View instapost]
    The last time I wrote a comment on SA was probably a year before you wrote this piece. I came across it today. What a great call.
    Mar 12, 2015. 08:42 AM | Likes Like |Link to Comment
  • Hindenburg Omen Issues Biggest Cluster In Years - Let's See What Happens Next! [View instapost]
    Please accept my apologies for being tardy with the reply Wave Rider. Sure, you can email me at albertarocks@shaw.ca
    Aug 22, 2013. 02:09 PM | 3 Likes Like |Link to Comment
  • Hindenburg Omen Issues Biggest Cluster In Years - Let's See What Happens Next! [View instapost]
    The article that gives Wave Rider's great analysis a lot more exposure, as it certainly deserves, is published now and can be found here:
    http://bit.ly/14bn2Y4

    John Lounsbury is also going to be publishing it later today. So Wave Rider, you'll be able to find your analysis somewhere on the front page of GEI sometime Sunday evening.
    http://econintersect.com
    Aug 18, 2013. 05:14 PM | 4 Likes Like |Link to Comment
  • Hindenburg Omen Issues Biggest Cluster In Years - Let's See What Happens Next! [View instapost]
    About our Hinch... I have asked my nephew to inquire about whether or not Hinch ever owned an apartment in Hobart. So my nephew will ask Hinch directly, or will ask Hinch's wife. My nephew is slightly closer to them than I am, since they are his aunt and uncle. To me the Hinches are "sister of my sister-in-law". We'll know soon. Wouldn't that be one serious coincidence for the record books?
    Aug 16, 2013. 11:42 PM | 3 Likes Like |Link to Comment
  • Hindenburg Omen Issues Biggest Cluster In Years - Let's See What Happens Next! [View instapost]
    Thanks for the additional data WR. Don't worry, nobody would go to the trouble to pick holes in your work. They're not such 'doubters' or 'debunkers' that they would go to the trouble. Generally speaking I find that people just appreciate the overall message and results of work like that. They'll find it interesting.

    About Hinch... I don't know if he owns (or 'owned') an apartment down there or not. But I know how to find out. I'll let you know when I do. His first name is Alan.

    Thanks again. I should get that article together before the weekend is over.
    Aug 16, 2013. 11:12 PM | 3 Likes Like |Link to Comment
  • Hindenburg Omen Issues Biggest Cluster In Years - Let's See What Happens Next! [View instapost]
    Welcome Moon. I've admired your commentary for a long time but I believe this is your first comment in this room. Although I 'have' seen you interact in other places with some of the other participants here.

    Great comment as usual.
    Aug 16, 2013. 02:35 PM | 3 Likes Like |Link to Comment
  • Hindenburg Omen Issues Biggest Cluster In Years - Let's See What Happens Next! [View instapost]
    Lol... we're not getting many 'like's for that exchange are we. Bunch of stuffed shirts around here, lol.
    Aug 16, 2013. 12:20 PM | 4 Likes Like |Link to Comment
  • Hindenburg Omen Issues Biggest Cluster In Years - Let's See What Happens Next! [View instapost]
    Great visual DG... thanks. I had actually read a few months ago that that was the case but I forgot about it. The reason the author had pointed it out was because of the dispute that started brewing between Japan and China over one of the islands down there. He was pointing out that if anything nuclear were ever to develop between those two countries the global population would take quite a dent. An awful thought to even ponder, but it's worth noting, isn't it.
    Aug 16, 2013. 12:18 PM | 4 Likes Like |Link to Comment
  • Hindenburg Omen Issues Biggest Cluster In Years - Let's See What Happens Next! [View instapost]
    OMG. LMAO, if that had really happened to me I wouldn't feel like an idiot for having gotten sucked in. Those are some of the most deceiving decoys I've ever seen.
    Aug 16, 2013. 10:57 AM | 5 Likes Like |Link to Comment
  • Hindenburg Omen Issues Biggest Cluster In Years - Let's See What Happens Next! [View instapost]
    Good point about demographics. A whole lot could happen with human population in those 8 years. As I mentioned above, the deflationary scenario could last perhaps as long as a decade. But I hadn't thought about demographics when I said that... so your point is well taken... makes perfect sense to me.
    Aug 16, 2013. 10:53 AM | 5 Likes Like |Link to Comment
  • Hindenburg Omen Issues Biggest Cluster In Years - Let's See What Happens Next! [View instapost]
    60% with cash? Holy mackerel... that's a stunner. I watched another episode recently (can't remember if it was on TV or the Internet) about the empty cities "still" being built in China. The realtor, an Englishman based somewhere in China, said they were building 12-24 new cities every year, and not a soul lives or works in any of them. Yet all the condos are sold. Paid for with "cash".

    Families have pooled 3 generations worth of savings into those condos because they are not allowed to invest their money outside China. So they have the opinion that they have no other investment choices that are anywhere near as "good" as to buy a condo in an empty city, with cash, and just sit on it as long as it's continuing to rise in value. And they "are" rising in value... and will possibly continue to do so until the Chinese power brokers pull "that" plug (money printing). Man, once that dam cracks those poor Chinese families are going to get wiped out. As the realtor said: "Millions of families are going to get wiped out by this".
    Aug 16, 2013. 09:05 AM | 3 Likes Like |Link to Comment
  • Hindenburg Omen Issues Biggest Cluster In Years - Let's See What Happens Next! [View instapost]
    Cluster Phuc... I believe that's Taiwanese isn't it? Which reminds me of something:

    Two Thai girls approached me about a month ago and asked if I wanted to sleep with them. I was reluctant at first... I just had a bad feeling about that proposition. But they said "C'mon, it'll be like winning the lottery". So I did it. Turns out they were right, because much to my horror it turns out we had 6 matching balls.
    Aug 16, 2013. 08:56 AM | 5 Likes Like |Link to Comment
  • Hindenburg Omen Issues Biggest Cluster In Years - Let's See What Happens Next! [View instapost]
    Hi Still Dazed. Thanks for your thoughts. I acknowledge that there is more inflation going on than I admitted to, but all in all, I consider it to be minuscule relative to the amount of money that is being printed in an effort to produce it. And it's spotty.

    I think that the deflation scenario will likely last considerably longer than most people envision. In my humble opinion, if it truly gains a foot hold... that's it... it should last for at least 4 years. Perhaps as long as a decade, but let's start with 4 years. After that... man, after that we could see the Dow at 100,000 with the inflation that should unleash once the deflation issue has truly and painfully been addressed. Either that, or we might even be seeing forms of currency in the future that don't even exist today. At the very least, I'm certain the Euro won't exist in it's current form.
    Aug 16, 2013. 08:52 AM | 5 Likes Like |Link to Comment
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