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gwynfryn

gwynfryn
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  • Sandstorm Gold Provides Update On Luna Gold, Metanor And Prairie Creek [View article]
    "fix currencies kill economic growth"? That would change if we had just one global currency!
    Jul 15, 2015. 09:36 AM | Likes Like |Link to Comment
  • Sandstorm Gold Provides Update On Luna Gold, Metanor And Prairie Creek [View article]
    I don't quibble about its popularity, Ari, but it remains a fact that all that jewelry makes up only a tiny fraction of what's been dug up, most of the rest being buried in bank vaults. I do dispute your claim about "all of human history" as the ancients at times valued alloys like electrum and oricalcum over gold, being more durable. Even aluminium,the most abundant metal in the Earth's crust, was more precious, at one time!
    Jul 15, 2015. 09:33 AM | Likes Like |Link to Comment
  • Sandstorm Gold Provides Update On Luna Gold, Metanor And Prairie Creek [View article]
    Interesting point, FT, but if gold is a trading medium, why is most of it in deep storage? It seems to me that what you are really trading is ownership, so why not just agree as to how much is left in each mine, and "trade" that? It would be cheaper overall, and much kinder for the environment?

    For that matter, why not trade helium, which we are gradually running out of?
    Jul 15, 2015. 08:56 AM | Likes Like |Link to Comment
  • BlackBerry: No Reason To Buy The Stock Yet [View article]
    Good point, RJ; WIN10 could be a game changer for phones, and it's a bit late for BBRY to release their own PC OS, isn't it? I wonder if MSFT would let them use a WIN 10 look and feel? I think it likely that we will soon have just three ways of using phones, and then two, and eventually they'll all converge. Remember when cars had three options for changing gears? There are fundamental reasons for preferring either stick or automatic (at least until somebody comes up with a really good really cheap automatic box) but floor shift is downright superior to column shifting, so the latter has gone. Is there such a fundamental differentiator in phones? I can't think of one, so convergence seems most likely...
    Jul 15, 2015. 08:51 AM | 2 Likes Like |Link to Comment
  • BlackBerry: No Reason To Buy The Stock Yet [View article]
    I might not, LOL!
    Jul 15, 2015. 08:43 AM | Likes Like |Link to Comment
  • BlackBerry: No Reason To Buy The Stock Yet [View article]
    RJ, that "Phones are becoming more alike than dissimilar" is inevitable, just like how cars are driven, or parametric CAD (so it's really annoying when companies insist that you must have experience of their particular version...); when you've mastered one, a few minutes of practise will make you competent with another. Imagine being in an emergency situation, and you need to use someone else's phone, but can't figure out how?
    Jul 15, 2015. 08:40 AM | 2 Likes Like |Link to Comment
  • BlackBerry: No Reason To Buy The Stock Yet [View article]
    Being "cash flow positive" means little when a company is shrinking.
    Jul 15, 2015. 08:33 AM | 4 Likes Like |Link to Comment
  • Sandstorm Gold Provides Update On Luna Gold, Metanor And Prairie Creek [View article]
    Oh, I don't deny it as such, FT; in fact, I've never been able to predict why gold prices act as they do (so I'll never buy any, nor mines, but streamers are another matter). Do you feel an emotional connection with gold prices, a need for it to return, perhaps? I suppose my main question is; why do we keep digging up a metal we already have (much) more than enough of? Environmentally, it's an absolute disaster! Should we continue on this path, just because some people are making themselves wealthier by this means? No, I don't expect an answer, but it's something worth thinking about?
    Jul 10, 2015. 11:22 AM | 1 Like Like |Link to Comment
  • BlackBerry: The Bottom Isn't Here [View article]
    Never heard of him, RJ, but Welsh is actually a celtic tongue, which probably arrived at its present form around about when the Romans left (they moved a lot of different tribes into Wales, to act as a buffer against the Irish raiders, which must have considerably changed the general language, so talk of it being 3000 yrs old is a bit misleading) and so predates English.

    As for versions of English, it's the same process in every country, insofar that, they do talk a bit funny down South (in both languages) and less so in the West, whereas my own accent has been described as "educated northern English". It's a wonder I don't sound more Scouse, as we could certainly smell the Mersey back home, if the wind was from the East (which, blessedly, was a rare event). Oh dear, I'm afraid we're well off topic, and will likely be deleted...
    Jul 10, 2015. 10:24 AM | 2 Likes Like |Link to Comment
  • NOK/ALU sell off as Greece nears default; activist builds ALU stake [View news story]
    With the UK's Cameron threatening to bail them out, it'll probably all blow over, anyway.
    Jul 10, 2015. 10:11 AM | 1 Like Like |Link to Comment
  • Bank Of America: With Or Without Rate Increase, The Share Price Will Go Up [View article]
    Good point, OC, and the past cannot predict the future in different circumstances (if at all) so all we can be sure of is the old chinese curse, about living in interesting times.
    Jul 10, 2015. 10:08 AM | Likes Like |Link to Comment
  • Sandstorm Gold Provides Update On Luna Gold, Metanor And Prairie Creek [View article]
    Not so much a "lack" of perspective, FT, but a different one! I note that people with your perspective rarely (well actually never, so far, on SA) address any of the specific points I made; can you not perceive just how irrational this is? It's a bit like politics; I'm pan political (if anything) and can see merit and falsehoods in most of it, but ideologues (of whatever stripe) are sure their way is the only way. My guess is that some people don't dare question their own "set in stone" outlooks...
    Jul 10, 2015. 10:02 AM | Likes Like |Link to Comment
  • BlackBerry: The Bottom Isn't Here [View article]
    "retrospectively", lug? Did you perhaps mean "irrespective"?
    Jul 10, 2015. 09:52 AM | 2 Likes Like |Link to Comment
  • BlackBerry: The Bottom Isn't Here [View article]
    What is it with this "we" that so many people use here: am I debating with a royal family?
    Jul 10, 2015. 09:50 AM | 4 Likes Like |Link to Comment
  • BlackBerry: The Bottom Isn't Here [View article]
    Actually, jb, I'm from Wales (they speak English there, too) and now living in France. I don't know how they tax trading profits here, but if it's anything like the US, I'll relocate. Why on Earth should a revenue service want to give incentives to hold stocks long term? It seems crazy to me, but so does the way the French regulate personal savings (look up ISAs); I much prefer the UKs "pay in as much as you like when you like, and take it out the same way".
    Jul 10, 2015. 09:46 AM | Likes Like |Link to Comment
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