Seeking Alpha

radical1110

radical1110
Send Message
View as an RSS Feed
View radical1110's Comments BY TICKER:
Latest  |  Highest rated
  • Gold Correction Makes Small- And Medium-Sized Miners Prime Takeover Targets [View article]
    I think AUQ made an offer for NXG
    Oct 4, 2011. 01:51 PM | Likes Like |Link to Comment
  • Gold And Silver Continue To Get Hit Hard [View article]
    You are right about the Pan Asia Gold Exchange. The new exchange could cause a "push-pull" type effect on gold & silver because whenever the CME and London paper shorts push metals down the PAGE buyers will pull it back up. This effect will depend on over 1 billion Chinese citizens being able to buy metals from thier computer and the exchange will back up paper positions with physical. In addition, the CME could also face a serious shortage of physical for delivery that will push prices higher. The CME will be forced raise margin requirements again but it will have little effect in prices and reach a point where leverage will no longer we worth it.
    Oct 2, 2011. 01:47 PM | 3 Likes Like |Link to Comment
  • Using ETFs To Short Gold Safely For The Long Term [View article]
    The only way the "gold bubble" will pop is when unemplowment drops significantly, interest rates go up and governement debt is significantly reduced or paid off. Lets figure out the odds this will happen in the next 2-3 years? The best thing that will happen is prevention of a collapse and things painfully slowly improve in the next 20 years. Even if things did improve inflation and less being mined will always benefit the price of gold .
    Oct 2, 2011. 11:39 AM | Likes Like |Link to Comment
  • It's Time To Buy Gold At Its 'V' Market Bottom [View article]
    Wrong! Dollar will always go down long term. It is only up because the euro is down and temporarily inflated due to fear trade. Does your dollar buy more beer than compared to tens year ago? My gold buys a lot of beer when I convert it into dollars.
    Oct 1, 2011. 07:20 PM | 2 Likes Like |Link to Comment
  • It's Time To Buy Gold At Its 'V' Market Bottom [View article]
    I can tell you a little about GBG. It has potential as a junior producer with operations in south Africa and US with significant reserves but is slow in getting production increased. When production is maximized it will be a winner.
    Oct 1, 2011. 07:15 PM | 1 Like Like |Link to Comment
  • Using ETFs To Short Gold Safely For The Long Term [View article]
    In the last three years holding shorts on gold after a market correction has been a losing proposition. Is there anyone out there still holding shorts when gold was thought it could never hold above $1000? I believe gold corrects when fundamental drivers in price change and when the new fundamentals take hold gold continues higher.
    Oct 1, 2011. 10:06 AM | 1 Like Like |Link to Comment
  • It's Time To Buy Gold At Its 'V' Market Bottom [View article]
    I see a good share of other basic material companies lowering guidance (coal, copper, and others) but I don’t see any gold & silver companies lowering guidance due to a slowing economy. Why do they need to be punished to extreme oversold levels? Are any of the gold & silver mining companies connected to Greek banks? Do they depend on the European banking system? Do they depend on the status of US housing? It looks to me that it would be a good bet to say that under a stagnant or declining economy, the industry should see increasing earnings just as long gold & silver stays at a certain level. In my opinion, gold and silver prices will remain at profitable levels because of the Asian demand. From what I see, every time gold and silver sells off you see increased Asian demand of physical when the market settles. I still see holding stocks in good major and minor gold & silver mining companies as a good strategy and perceive this depressed market state as a great opportunity to buy.
    Here is some interesting information: The Pan Asia Gold Exchange will be opening soon. Check out this video. http://bit.ly/ooHIbA
    Oct 1, 2011. 09:08 AM | 2 Likes Like |Link to Comment
  • Gold And Silver Pull Back And Set Up For The Next Big Opportunity [View article]
    China will have a new exchange the Pan Asia Gold Exchange in 2012 so things could really interesting next year.

    http://bit.ly/mXtpUb
    Sep 28, 2011. 03:24 PM | Likes Like |Link to Comment
  • Why You Should Stay Away From Silver [View article]
    Being a perma short on gold & silver can be risky especially when China and India can easily put on a Hunt Brothers type buying rally. Therefore, I am not greedy and cover shorts and buy on corrections. This strategy has worked well.
    Sep 26, 2011. 07:46 PM | Likes Like |Link to Comment
  • Whether The Straggling Gold Stocks Are Finally Ready To Catch Up [View article]
    Are the leveraged bear ETF's going after miners since they are currently easily manipulated? Can this account for some of the exagerated stock movement?
    Sep 15, 2011. 02:56 PM | Likes Like |Link to Comment
  • RETRACTION: Great Panther Shares Likely to Continue Limping Lower [View article]
    A lot of good actually came out of this. The management of GPL became more transparent about there recent report and cleared up the smelter issue. Maybe other mining companies will get a hint and be more transparent in dealing with investors.
    Aug 19, 2011. 02:34 PM | 2 Likes Like |Link to Comment
  • RETRACTION: Great Panther Shares Likely to Continue Limping Lower [View article]
    According to a reort from Etrade I did not see any major insider selling in the last 6 months.
    Aug 16, 2011. 10:19 AM | 1 Like Like |Link to Comment
  • Silver Miners Oversold for No Good Reason [View article]
    The HFT trading machines can also take advantage of a declining silver mining stock to exagerate a lower price since they have been very easy to manipulate in the last couple of months.
    Aug 8, 2011. 07:19 PM | 1 Like Like |Link to Comment
  • Silver Miners Oversold for No Good Reason [View article]
    Agree, we are seeing a case of extreme manipulation in the miners. Back in Feb'09 where we had a fearful situation, the miners outperformed when the markets were going down and metal prices went up.
    Aug 5, 2011. 11:32 AM | 1 Like Like |Link to Comment
  • Gold and Silver Are Confidence Insurance [View article]
    A good number of gold & silver mining stocks are close to prices when gold & silver were much lower. I guess the stocks are more dependent on US debt downgrade, unemployment and euro crisis than on the price of metals. Maybe I am delusional but I am thinking there is a lot of manipulation in the markets.
    Aug 5, 2011. 10:50 AM | Likes Like |Link to Comment
COMMENTS STATS
29 Comments
22 Likes