Seeking Alpha


Send Message
View as an RSS Feed
View Listner's Comments BY TICKER:
Latest  |  Highest rated
  • Gold Vs. Silver: Better Fundamental Value In Silver, But More Short-Term Price Risk? [View article]
    Where do you get your above ground silver numbers from?
    Is it pure silver production or do include silver produced as a by-product of the mining of other metals,for example zinc.How do you relate this to industrial production,electronic consumption,etc.?If you are using the reported production/consumption numbers from the Silver Institute,I hope you are aware that these figures are best estimates only and severely under estimate the totals for both consumption and production in Asia and the Middle East etc.
    Apr 28, 2015. 02:25 PM | Likes Like |Link to Comment
  • Gold Vs. Silver: Better Fundamental Value In Silver, But More Short-Term Price Risk? [View article]
    This article is quite interesting in that it shows one relationship between various commodities and gold and silver looked at from a Western prospective.Gold and sillver however are driven by demand and supply which is now firmly in Asia and the Middle East including Russia and Turkey.I am quite certain that the average Chinese as the average Indian buyer of gold and silver would be left scratching their heads in disbelief,as would the the Chinese drivers of policy who have a quite different reason for the accumulation of gold.I do thank Mr.Baker for his insightful presentation.It has ,for me,demonstrated one partial view of gold and silver and the alternative possible investments.Thank you again.
    Apr 27, 2015. 07:46 PM | Likes Like |Link to Comment
  • Seabridge Gold: Possible Worries About Cash And Dilution [View article]
    You are not looking in the right direction,look East.China and India have consumed and continue to consume vast amounts of gold.China,in particular has accumulated enough paper money which has been or will being,declining in value. They have for some years, realized the necessity of converting a large proportion of their paper foreign exchange earnings into gold.This serves their geopolitical aim of backing the Renembi with gold directly or indirectly,and contributes to the insatiable demand of a growing population with increasing wealth,and to their existing population,for gold ownership.It is difficult for many Westerners to comprehend the very tangible role gold plays in Asia and the Middle East.Gold cannot be printed,it is a real,hard tangible asset.This is understood in Asia,the Middle East,Turkey and Russia and in almost everywhere but the West.
    Very large gold storage facilities have been built in China,Singapore,Hong Kong and Japan.A very large gold smelter is being built,or is perhaps already complete in Dubai.It's a completely different way of seeing golds value than most are accustomed to in the United States.SA will become a major gold as well as copper producer.The stock is issued in proportion to actual assets.Buy it while it's cheap.
    Apr 14, 2015. 02:12 PM | 1 Like Like |Link to Comment
  • Maintaining A Long-Term Bullish Outlook For Silver [View article]
    Basing your decision whether to buy,hold or sell silver on Comex positions is problematic to say the least.Much silver consumption has largely shifted to Asia:China for actual use in industry and India for low cost speculation.(2)A large speculative position is maintained in the West but it is different than the buy and hold position in India or the increasing industrial use in China.Western speculators can reduce their positions whenever an attractive price point is achieved.(3)Silver supply figures in the West are considerably understated if you use the figures of the Silver Institute.Their numbers on Supply and Demand are useful as a general guide but nothing more.
    Apr 6, 2015. 10:42 PM | Likes Like |Link to Comment
  • Don't Buy Gold Now, Wait Until It's Under $1,000 [View article]
    Gold demand has zero to do with U.S. policy.Its due to Asian demand.The world has changed.Money printing in the West among other things has,for some years,confirmed to Asians that the only reliable savings is gold.This combined with geopolitics,monetary debasement,and history of gold savings have confirmed to many Asians that only gold can protect them.
    Apr 4, 2015. 08:38 PM | 1 Like Like |Link to Comment
  • Silver Miners Pushing Down AISC To Its Limit [View article]
    Why not mention SLW?Silver Wheaton has the best business model, the lowest cost of acquisition and the most geographically diversified portfolio of sources.It pays on average about $4-4.50 an ounce with none of the operating problems of mining silver.For those unfamiliar with SLW,it is a silver streamer not a direct miner.
    Mar 22, 2015. 09:32 PM | Likes Like |Link to Comment
  • Silver Wheaton Looks Cheap [View article]
    Good article- Thanks.
    Mar 18, 2015. 01:56 AM | Likes Like |Link to Comment
  • Silver Wheaton Looks Cheap [View article]
    The silver price is the main factor in the present market price of SLW so the present question is at what ratio SLW has historically traded as a function of the price of silver?(2)Has this multiple changed because of the Asian shift?I maintain that it has and you must make some calculations and projctions based on increased silver prIces as as well as demand having shifted predominately to Asia,China in particular though India is a strong consumer but for different reasons.Indian demand has largely been driven by currency depreciation fears but this is changing,increasing as more silver is being consumed by industry(3) I believe the sIlver consumptIon figures used by the Silver Institute are only approximations of world silver supply.,(4)You.must be nimble if you are a short term holder.I will hold for the longer term and expect much greater price appreciation,say based on $100-150 an oz.When?I can't say but based on Asian consumption it is going up and will no longer solely reliant on largely speculation.
    Mar 18, 2015. 01:43 AM | 1 Like Like |Link to Comment
  • An Explanation For The Divergent Prices Of Gold And Stocks [View article]
    Michael what you should study is not the actual birth rate in China and India but the wealth creation along with the population increase and gold ownership per capita coupled with the rise in
    population.For example the population of China and India increased by approximately 1.2-1.3 billion but gold ownership per capita increased disproportionly along with their newelry acquired wealth.Gold is viewed quite differently in Asia,the Middle East,and currently Russia,than in West.In the East it is something to protect your wealth and life itself from anyone particularly,governmen... Russia it is viewed as well as a political instrument of government policy.
    Mar 15, 2015. 09:01 PM | Likes Like |Link to Comment
  • The Last Time Gold Miners Did This Was... Never [View article]
    Above should read"China,India,Singa...
    Mar 15, 2015. 06:12 PM | Likes Like |Link to Comment
  • The Last Time Gold Miners Did This Was... Never [View article]
    I do not understand why you and other so called informed market commentators always view the gold market from a Western prospective?The real market is in Asia and the Middle East including RussIa.The gold market from the correct prospective has been booming as never before.One reason,though not the fundamental one,is the massive issuance of paper currency in the West.
    It really quite simple,look at where gold is consumed,in the East,and you can reason with accuracy instead of making conclusions based largely on Western charts in part,It is so simple.Look at demand from where it exists,China,India,Sin... et al.Do you really believe any of the real gold buyers pay attention to Weatern charts to guide their purchases.Ridiculous.
    Mar 15, 2015. 05:45 PM | 3 Likes Like |Link to Comment
  • Monetary Policy Matters [View article]
    It would appear that the gross beneficiary of this competive easing would be hard assets.That is,it will be an additional incentive to purchase gold and silver.Their purchase in the East has been a fact for sometime.resulting,on one hand from the monetary easing in the West,but primarily from its inevitability which has been evident for several years to the Chinese and is one but not the main incentive for their very heavy,you might say "staggering"purchases.The monetary excess,money printing,has been an additional reason,though not the primary,one for the continued unremitting buying of gold(and silver)by astute Asians and Middle Easterners.The inevitable price increase in gold is one result of this monetary escapism to solve problems that only contribute to and fuel further problematic monetary escalation.
    Feb 28, 2015. 01:34 AM | Likes Like |Link to Comment
  • Silver Will Be The Best-Performing Asset Of 2015 [View article]
    All of the conservations above miss the point entirely.The Chinese are steadily buying gold for numerous reasons but the one that everyone can understand is that they intend to give their currency partial backing with gold which will make it the most desirable instrument of trade.The dollar presently holds this position but the Renembi accounts for about 40% of Chinese trade.(2)The view from Asia and the Middle East is quite different.They view gold as something which cannot be printed whose value is dependably immutable.The Chinese have already surpassed the LME only not all LME traders may not realize or admit it yet.China is the center of gold trade(3)Read Koos Jansen and others on the shifting world of gold.It is now and has been for some time dominated by China.
    Feb 15, 2015. 04:11 PM | Likes Like |Link to Comment
  • Exclusive Interview With Seabridge Gold's CEO [View article]
    Ken I want to thank you for your through and enlightening interview.It is a job well done and extremely valuable to investors and prospective investors.Again,thank you.
    Feb 9, 2015. 01:08 PM | Likes Like |Link to Comment
  • The Swiss National Bank's Move And What It Means For Gold Investors [View article]
    (1)The gold market is driven by China.The Swiss move will not make a difference in their very long term plan of converting about $1.2 trillion unwanted depreciating dollars into gold(2)The Swiss move will probably be interpreted in the West as positive for gold as it suggests that Central Banks are not to be trusted when anyone knows they always act in the perceived national interest.What this 'national'interest is depends upon where you sit on the domestic income scale but it is what the country's bank interpets it to be.(3)The already on going shift to hard assets has already begun.The Swiss move will thus be interpreted favorably by hard asset investors.It will psychologically reinforce them in the West to move into gold.In the East they have long ago realized gold is an immutable investment and have been buying it for along time.
    Jan 22, 2015. 02:50 AM | Likes Like |Link to Comment