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  • Physical Gold Flows From Switzerland Has A Little For The Bulls And Bears [View article]
    It is interesting that the Swiss imported so much from the UK. It must be from all those British gold mines that obviously are a state secret, unless they exist at the bottom of the BOE vault. sarc/
    Jul 31, 2015. 09:06 PM | Likes Like |Link to Comment
  • 3 Reasons Why Gold Isn't Behaving Like Gold Right Now [View article]
    The FED cannot raise rates; both the market and the economy would tailspin

    The strong dollar is so because of smoke and mirrors. Soon, it will be devalued in stages, the first being just prior to a 3 day weekend, after banks have closed.

    Both the current and future supply of both gold and silver are facing enormous headwinds at today's prices, and the tightness in both markets is becoming quite apparent.
    Jul 30, 2015. 06:53 PM | Likes Like |Link to Comment
  • Silver Is Fundamentally Undervalued [View article]
    Actually, silver is not abundant. Unlike gold, there are no major multimillion ounce stockpiles of silver existing although there were in the last century They have all been used up and non-reclaimable in landfills or evaporated in war munitions. Meanwhile, the industrial demand for silver has increased every year, even in economic downturns. Our tech world could not exist without silver, and its many important uses make it a strategically critical metal, even as, per the USGS, it is disappearing from the planet at a rapid rate. Yes it is true that the majority of silver is produced as a byproduct of other base metal mining. But apparently you haven't noticed that lately all such mining is facing enormous economic headwinds. There has been almost a complete cessation of exploration and drilling activities. So where is future silver going to come from?
    Jul 29, 2015. 12:52 PM | 5 Likes Like |Link to Comment
  • Why Silver Platinum And Hogs Are Cheap And Cattle And Gold Are Expensive Today - Inter Commodity Spreads Provide Amazing Clues [View article]
    It's very disconcerting to see an otherwise fine analyst make an egregious falsehood about the historic ratio between gold and silver by using a period during which it has been government policy to manipulate the prices of both metals. Historically (i.e. prior to Bretton Woods) the ratio has floated around an average of 15 which is still higher than the ratio ever mined of 9 oz of silver for every one ounce of gold. The additional problem is that of all silver mined, perhaps only 5% remains through industrial and military uses while almost all of the gold ever mined still exists.

    Today, given that the prices of both metals are at least 20-25% below those needed for sustained mining operation/production, it is incorrect to say that either is overpriced; in fact a case can be easily made, if the basic laws of supply and demand still hold true, that both metals are significantly undervalued.
    Jul 28, 2015. 08:24 AM | Likes Like |Link to Comment
  • What You Need To Know About China's Gold Holdings [View article]
    I am waiting for the "play doctor" moment between China and the US; "We'll show you ours, if you show us yours". The push back from the USG on any audits will be enormous, more so than it has been. It could be the moment when the economically cognitively dissonant US populace finally wakes up as to the depth of corruption in all the branches of the government.
    Jul 25, 2015. 04:10 PM | 1 Like Like |Link to Comment
  • What's The Right Price For Gold? [View article]
    For all of the major miners, the all in sustainable costs (AISC) plus an allowance for exploration and drilling, and future remediation (none of which are factored in AISC) is above $1100. That's with no profit to sustain the business. The risky nature of mining should assume a profit margin of at least 15-20%. That puts an acceptable gold price of at least $1200 in order to even think about the rationale of being in the business in the first place.

    This is why the author and others who claim the real price should be in the triple digits are full of it, and are sorely lacking in cognitive reason.
    Jul 23, 2015. 03:52 PM | 1 Like Like |Link to Comment
  • Why Is Gold Falling? [View article]
    The author is just one of many who, disingenuously perhaps, is unaware of the elephant in the room; the now acknowledged price manipulation and suppression to keep the USD supreme in the hearts and minds of the cognitively dissonant in the West. Meanwhile the demand from the East is unrelenting, and the vast majority of the global population understands that gold is not a commodity; it's the only real money that exists, and has been for 1000s of years.
    Jul 21, 2015. 08:57 AM | 1 Like Like |Link to Comment
  • Gold: Building Cause To Bankrupt Miners [View article]
    Both silver and gold are trading below the average all in cost to produce, and miners are being forced to mine only high grade reserves to stay alive. This fact means that the majority of miner's remaining reserves can only be mined at much higher costs and will not be attempted unless, and until, the market price is much, much higher.

    The bullion banks, FED and BIS can only purposely suppress prices if there is enough physical in play to create their paper illusion. That time is running out.
    Jul 13, 2015. 09:04 AM | 2 Likes Like |Link to Comment
  • Gold's Failure As Portfolio Stabilizer [View article]
    The most compelling reason (to hold gold) is when wealth is being confiscated by governments and/or eroded by rampant currency debasement".

    You mean like the "untrusted dictatorship" with the printing machine going 24/7/365 in the US?
    Jul 11, 2015. 11:14 AM | Likes Like |Link to Comment
  • The Silver Fake Out [View article]
    In normal times, all miners, especially silver only ones, would be a great play. But in these times when the Rule of Law has been discarded and the Bill of Rights trashed, it is more than probable that in the next financial implosion, TPTB will nationalize all mines and reserves here in the US, and other countries will quickly follow suit at the request of their Central Bank masters. Mining stocks are still paper, not actual physical. If you cannot touch it, you don't really own it.
    Jul 9, 2015. 05:05 PM | 2 Likes Like |Link to Comment
  • Greece Is Bad For Gold [View article]
    The Asians, principally China and India are buying gold and silver hand over fist. For the Chinese especially, after both stock market and real estate disasters, the only remaining safe haven will be the one they have preferred for 1000s of years: gold.

    CBP seems quite ignorant that the vast majority of the world's population prefer the PMs in times of crisis and impending war. It's the Westerners with the blind allegiance to the Ponzi fiat scheme that are unable to connect the dots. Greece may not be the proverbial straw, but it is one of far too many strains on a global economy that has already reached an implosion point.
    Jul 8, 2015. 06:10 PM | 1 Like Like |Link to Comment
  • Why The Greek Gods Show Gold No Favor [View article]
    It's not how old the USD is, it's more about its status as the global reserve currency. But now more than ever this status is under question and determined assault by those who are tired of constant war and chaos, not to mention the global debt enslavement through the actions of the IMF, FED and BIS.

    The non "US recovery" is being exposed to all, and Q2 corporate earnings will show that there are no more magic tricks (buybacks, accounting fraud) available to boost earnings. Once the global Market understands this, the DOW will dive and the USD will automatically devalue by at least 30%, because the FED has backed itself into a corner; not even trillions in new QE to support the Market, or being the buyer of last resort for USTs, will stem the sell off.
    Jul 7, 2015. 11:59 AM | Likes Like |Link to Comment
  • Swiss Gold Flows Counter Reports Of Slackening Gold Demand [View article]
    Future historians will wonder why the connecting of all the dots took so long to expose the war on gold in the attempt to ensure the continuation of the fiat Ponzi scam. The volume of the gold moving East in the last decade is far in excess of annual global production. Ergo, some Western vaults must be emptying. It is interesting that the USG seems to have "misplaced" 7 years of Fort Knox audits. The repatriation requests and the farcical excuses on time frames to do so is just another clue. Then there's the theft of sovereign gold through "humanitarian intervention" or outright coup d'etat (Libya, Ukraine).

    It appears that the bullion banks/FED/BIS may be losing control over the gold market. Their price suppression schemes are dependent upon continuing access to physical to satisfy Eastern demand. With indications that Western vaults are becoming echo chambers, we could very well see a delivery default within the next year.
    Jul 5, 2015. 08:56 AM | 8 Likes Like |Link to Comment
  • A Simply Outrageous Call On Gold [View article]
    The USD will be devalued by at least 30-50% within the next 12 months, and it could happen this year. The value of the USD is all about global trust and confidence which is fast disappearing thanks to our constant regime change, NSA snooping, and war mongering policies, not to mention the "corporatist totalitarian supremacy over sovereign state" implications of the treaties Congress just rolled over on. Soon, the FED will be the only buyer for dumped USTs. At that point, gold will go "no bid" and the average guy will not be able to obtain any. $25k is at the low end of the possibilities for the gold price and it won't take 50 years; 50 months may be more realistic.
    Jul 3, 2015. 12:22 PM | 2 Likes Like |Link to Comment
  • Why 3 Terrorism Events Were A Non-Starter For Gold [View article]
    The strong USD meme does not have legs. Once the Q2 GDP numbers are out, the whole world will see that the US "recovery" was built on lies, manipulations and obfuscations. Even our supposed allies will start dumping USTs. The confidence in the USD will decrease at an alarming rate. At the same time the actions of China (AIIB) and the financial reset actions of the BRICS will look very inviting. The global community is getting oh so tired of US war mongering, espionage and interference in national sovereignty.

    We are heading for a decades long period of extreme stagflation in which gold will regain its historic value. It is the only form of money that the majority of the rest of the world trusts.
    Jul 1, 2015. 10:39 AM | 3 Likes Like |Link to Comment