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  • Apple: A Canary In The Stock Market Coal Mine  [View article]
    Stanley J G Crouch,

    Gold is honest money. It cannot be counterfeited like paper money. Enough said.

    I do not share your view on the merits of mobile technology. All of what you have sited as benefits of mobile technology has lead to an absolute moral degradation of both the American society and youth across the world. If you do believe in God and read the Bible, I would encourage you to read Ezekiel 8:1-18 that discusses the abominations in the temple.

    Case in Point: See link below about a case in Ohio concerning two young men and how digital technology was part of a very sad event.
    Mar 17, 2013. 11:56 AM | Likes Like |Link to Comment
  • Apple: A Canary In The Stock Market Coal Mine  [View article]

    I believe you are onto something with the APPL-SPY comparison chart. I believe Apple Computer was the correct stock to use. Six months ago, I made numerous comments about the valuation of Apple stock. At one point last year, Apple stock valuation was worth more than every metal miner on the planet. Something is clearly wrong. This market is set up for a fall of epic proportions. Jim Sinclair from JSMINESET.COM has noted that gold getting ready to run big time with 1600 target to be eclipsed by end of Mar'13 on its way to $3,500.

    Again, I agree with you that the APPL chart is indeed a canary in the financial market coal mine.
    Mar 16, 2013. 10:00 PM | 1 Like Like |Link to Comment
  • Gold May Be Richly Valued  [View article]
    Let's start at the beginning ... housing unit defined as?????? Apartment ... 2 Bedroom home ... Multifamily dwelling ... hotel room?

    I think you get the point.

    I am sure you are not talking about a Lincoln Logs or LEGOs.
    Mar 15, 2013. 06:01 PM | 2 Likes Like |Link to Comment
  • Gold May Be Richly Valued  [View article]
    Plan B Economics ...

    Housing Units? Medical Units? Food and Beverage Units?

    More clarity needed on how you define units!!

    Having worked with statistics and economics for three decades, this information looks like something does not compute.
    Mar 15, 2013. 05:29 PM | 1 Like Like |Link to Comment
  • Gold Setting Up To Crush Hedge Fund Shorts  [View article]

    Shareholder activism has not only started, but it is well along. Some companies like GG and AUY have been conservative and controlled their debt pretty well.

    Based on technical data and signals, all of the gold companies are going to run once gold gives the green light. I suspect it will be like throwing darts a dart board in picking a winner.
    Mar 15, 2013. 05:17 PM | 1 Like Like |Link to Comment
  • Gold ETFs See Record Cutback In Bullion Holdings  [View article]
    One comment ... physical demand hitting all time highs. Jim Sinclair from mineset web site firmly believes something big just over the horizon.

    He advising that best decision is no decision and stand pat.

    Web site URL below:
    Mar 14, 2013. 07:10 PM | Likes Like |Link to Comment
  • More Evidence That Financial Stress Is Back To Pre-Crisis Levels  [View article]
    I want to believe that the glass is half full and not half empty, but I am not buying what you are proposing for the following reasons. Do you really believe the chart you published?

    1. Shadowstats statistics paint another picture very much different than one inferred by chart. Web site below:

    2. Mineset web site discusses stress points popping up everywhere including foreclosure increases. Web site below:

    3. Middleast on the verge of a massive upheaval foretold by the Bible (Isaiah 17;1-2, 19:1-6 and Psalm 83 to name just a few prophetic passages)

    4. World debt has more than doubled since the pre-crisis time frame.

    Note that I could have published 100 reasons, but picked four (4).
    Mar 14, 2013. 07:05 PM | 4 Likes Like |Link to Comment
  • The Switch To Gold Reserves Continues  [View article]
    SA ...

    Gold is close to hitting an all time high in YEN terms once again. Did you note the reversal in the dollar today, 14Mar13, to the downside? An all time high for gold in Dollar terms not too far behind. So what will be the potential trigger point? Unexpected middleast conflict. See Isaiah 17:1-2, Isaiah 19:1-6 and Psalm 83 to name just a few.

    Japan in its misguided YEN crash policy has unleashed the next black swan which will shortly arrive at a country near you.

    Gold in YEN Terms.
    Mar 14, 2013. 05:40 PM | Likes Like |Link to Comment
  • Gold: A Major Move Coming  [View article]
    SA ...

    I'll tell you who is going to teach all of us lessons in the art of war. Our adversary will be the US government when they seize our assets. No wonder gun and ammunition sales are at all time highs. So Steve, are you a top earner? See note below:

    States Crack Down on Top Earners Who Flee as Levies Rise: Taxes
    By Margaret Collins – Mar 13, 2013 12:00 AM ET

    With professional golfers and hedge fund managers talking about moving to lower-tax enclaves, states are stepping up audits on top earners who flee.

    Several states including California and Maryland raised taxes on high earners last year, and Congress boosted federal levies on them. Families who look to change their domicile to a state with no income taxes such as Florida or Nevada open themselves up to years of scrutiny and possible litigation as local governments search for revenue.

    “I look at some of these domicile audits almost as an archeological dig and a full physical including MRIs and CAT scans,” said David Scott Sloan, a partner who advises high net worth families at Boston-based Holland & Knight LLP. “What we’re seeing at least in Massachusetts is the tax authorities are not going quietly into the night.”

    States are using automated programs to track down residents who say they have moved and may be keeping two residences, and officials are seeking to tax earnings on stock awards beyond their borders. In Minnesota, Governor Mark Dayton proposed a so- called snowbird tax that would lower the number of days a person spends in the state before having to file a return.

    Some families are considering moving from high-tax states such as California and New York to a lower — or-no tax — state because tax rates are climbing, said Jim Steiner, president of Abbot Downing, a unit of Wells Fargo & Co. (WFC) whose new clients generally have at least $50 million in investable assets.
    Mar 14, 2013. 05:25 PM | 3 Likes Like |Link to Comment
  • What It Really Costs To Mine Gold: The Yamana Gold Edition  [View article]

    Using your analysis, not including all the detail of the analysis in this note, it is looking like AUY will make about $0.23-to-$0.24 per share in the first quarter of 2013. It should be noted that this earnings number is about where the analysts are pegging AUY to be at this time. It is also very apparent that earnings will be rise or fall depending on direction of price for the underlying precious and industrial metal commodities. One point to note is that AUY earnings outcome has tremendous leverage (3 to 1) to gold and silver price. Copper price will influence cost/ounce.

    It explains why the miners are not moving ... they are waiting for the green light from gold.
    Mar 13, 2013. 10:56 AM | Likes Like |Link to Comment
  • 3 Reasons Why Newmont Mining Is A Better Buy Than Physical Gold ETFs  [View article]

    "Revolution" has already arrived ... Glenn's timing is a bit off. Note we have had mining CEOs (KGC, ABX, etc..) get fired. Rationalization of assets well underway with focus on how quickly they can turn ounces in the ground into cash flow. The days of the multi-billion dollar, multi-decade boondoggle projects are over.

    Case in point: AUY and GG have already altered their strategies to optimize operations a year ago. Both AUY and GG are continuing to grow reserves after depletion on existing mining properties. Exploration and need for talented geologists has become the battle call of the day.

    I think these guys get it ... we at the dawn of a new era for these companies that began in 2012.
    Mar 13, 2013. 10:10 AM | Likes Like |Link to Comment
  • Mining Stocks To Avoid  [View article]
    TakeFive ...

    Guy Adami recommended NEM today ... not to worry. Everyone has an opinion, but when I look at NEM resource and reserve assets, NEM is priced at a level that is values gold in the ground at or near $0 per ounce when by-product credits are considered. The market has its moments of irrationality we are witnessing one of those moments.
    Mar 12, 2013. 06:48 PM | 3 Likes Like |Link to Comment
  • COTS Report: New All-Time High For Gold Shorts  [View article]
    Yes ... the USA does not have the gold which is why they could not give it to Germany.
    Mar 12, 2013. 06:36 PM | 2 Likes Like |Link to Comment
  • Gold And Gold Stocks, Undervalued And Poised To Run  [View article]
    DVL ...

    I also keep looking for information from the talking heads that explains to me exactly how the Fed will unwind a $4 trillion balance sheet without causing a little chaos along the way.
    Mar 11, 2013. 01:18 PM | 2 Likes Like |Link to Comment
  • What It Really Costs To Mine Gold: The Yamana Gold Edition  [View article]
    Yes ... inflation showing up everywhere except in the government manipulated CPI data and from the CNBC talking heads.

    According to the CNBC ... looks like the federal reserve and government leaders are doing a fine job.
    Mar 11, 2013. 08:31 AM | 1 Like Like |Link to Comment