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cjoyner12

cjoyner12
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  • Debunking The Gold Demand Myth [View article]
    You aren't taking into account the futures market or the paper gold market. The gold ETFs were mostly responsible for the rise in gold price because it made gold "available" to the average investor. The rise in gold demand is partially a transition from people dumping gold ETFs and buying physical gold and emerging nations purchasing gold at the new "discount" rate. I will agree the "gold shortage" is over stated and is mostly small denomination coins/bars whereas the 100oz gold bars are readily availalbe to anyone who can afford them.
    Jun 20 08:31 AM | Likes Like |Link to Comment
  • The Sell-Off In Gold Has Become Plain Silly [View article]
    Just out of curiosity what are your thoughts on the new measures India has put into place in the last week that have all but halted their gold import, and how do you think this will affect the global demand? Also I read an interview with Rick Rule and he said the gold and silver shortages are being over hyped. He said the shortages are in small denomination bars/coins. There is absolutely no shortage of larger denominations such as 100g gold/silver bars and greater.
    May 17 01:57 PM | 1 Like Like |Link to Comment
  • Opko Health Is On Its Way To Growth. Buy Before Others Do [View article]
    Where did you come up with your valuations for $41-76. at $76 OPK would be a $24.6 billion company, the market cap for the two companies you compared it to are $7.2 billion and $18.8 billion. Did your $76 price come from price to book or price to earnings? Please expand.
    Apr 15 11:49 PM | Likes Like |Link to Comment
  • HRT Participacoes Has An Asymmetric Risk/Reward Profile - Part 3 [View article]
    Which market were you able to find options on? TSX? OTC? I can't seem to find any options for this stock.
    Feb 27 06:19 AM | Likes Like |Link to Comment
  • The Recovery Continues To Topple 'Big-Picture' Theories [View article]
    Sy,
    First off I want to say great article. As a younger reader I was not aware of the perdictions of the 40's and 50's for the doom and gloom and although I lived through the Reagan era I was not old enough to understand it.
    I don't share your optimistic view but I always try to educate myself on both sides of an argument in order to make a better decision. I noticed you didn't mention the Q4 GDP numbers for 2012 and I was wondering what your thoughts on that were.
    Feb 9 11:59 PM | 1 Like Like |Link to Comment
  • Does The Market Have It Right On The Economy Again? [View article]
    Did you seriously just state that the stock market predicted the 2008 "bear" market? I think maybe you need to spend some time understanding what actually happened there
    Feb 5 07:43 AM | Likes Like |Link to Comment
  • Pershing Gold, Nearing Production And Huge Exploration Upside [View article]
    Interesting thread, here are a few thoughts of mine. Honig and Frost have a lot more than $20 million invested so I really don't see the last $20m holding this project up less than a year from mining gold but that is just an opinion. As for the feasability of the gold Pershing has their gold is close to the surface, they are surrounded by infrastructure (roads) that will be help with costs and although the gold grade is low it is definitely minable and profitable at that grade. Once again, opinions based on surrounding mines and other gold miners costs of oz/ton

    On a different note this article has a fairly large mistake in it that I would like to correct. Peter states that 654k oz of gold are stated in this press release. He got this number by takeing the 32,541,000 tons and multiplying it by the .017 average grade. He then added in the 101,000 ounces that are stated as inferred. If you read the actual pershing press release you can see that the 32,541,000 includes indicated, measured and inferred. The total amount of gold present is 564,000. Please read the paragraph prior to the chart and view the chart. It is very clearly stated there are 419,000 indicated, 44,000 measured, 101,000 inferred bringing the total to 564,000 not 654,000. This misses the low side of Pershing's estimate by about 36k ounces, obviously none of which are reserves. We should get that number in the next month or so.
    Jan 26 01:38 AM | 1 Like Like |Link to Comment
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