March Madness: Final 4 Investing Bracket 2013 [View article]
As to chasing performance "Why do so many investors do this?" It's obviously physcological - it is literally in our genes. If a group was battling another group, who's side did you want to be on? In humankinds past, following the winner was very much a matter of survival. We may like to think we've evolved, but have we really? In investing, it is obviously a liability.
Gold Update Following Further Financial Turmoil In The Eurozone [View article]
I'd be interested to hear why you believe that to be true, but I doubt it will change my opinion. The summer doldrums are a fairly reliable pattern, and when it wasn't in 2011 the September smack down more than made up for it.
Gold Update Following Further Financial Turmoil In The Eurozone [View article]
Excellent perspective, Doc. When my small silver stash is down in value, my other investments are usually well up in value to more than make up for the loss. If I've learned anything since becoming involved in trading silver, it's patience. If I had to guess, and I do, I'm guessing metals might see a small boost from the Cyprus event, but will ultimately still give up ground going into the summer months.
Looking at the long term chart, drawing a line from 2008 to now, is a slow steady rise. I want to buy at our below that line, and should the market get frothy again I will sell into it in an attempt to play the game on the house's money.
Thanks for a good article that share's my perspective.
Cyprus's parliament is due to convene this afternoon to debate an astonishing eurozone demand that it tax all bank deposits at up to 10% in return for a €10B bailout. While approval is not guaranteed, Cypriots rushed to take as much money as allowed out of ATMs. And although EU Commissioner Olli Rehn ruled out a deposit raid in other eurozone countries, menacingly for savers, eurogroup chief Jeroen Dijsselbloem would not. "We are in a new world," says an economist. Update: The parliamentary debate has been postponed until tomorrow. [View news story]
Only one like, David, and it was mine. Tell Americans to do just about anything in the name of safety - consider it done! I am in my 50's and would not be surprised to see a cashless society in my lifetime under the guise of "it's safer this way".
EXK gave back 50% of yesterday's advance as well. I sold half my position in to that, and asked myself if that was the right move. Today reminded me of why that's become my response. Will add to EXK again if it heads towards $5. When in Rome.
Comstock Mining (LODE) says it has priced a public offering of 5M shares of common stock at $2/share. LODE intends to use the proceeds to accelerate prerequisite environmental studies, engineering and permitting for growing production through the development and expansion of the Lucerne and Dayton Mine plans. [View news story]
LODE, what a load of $%^&. Serial stock dilutions. Gotta unload these guys.
These Mining Stocks Are Too Cheap To Ignore [View article]
Doubled down on EXK at $5+/- two weeks ago, reduced to original position on this morning's earnings report. Good report and PM's up today. At least a plan comes together once in a while.
These Mining Stocks Are Too Cheap To Ignore [View article]
I signed on as a follower just on the basis of "I'm pretty thick skinned, so feel free to criticize." I don't have any criticisms, but look forward to others taking a shot.
Cory, appreciate the straight forward analysis. I only hold NEM currently and will continue to do so. FCX couldn't find any acquisitions in the mining space? I held small position and got lucky and sold it before their foray into energy. Something about the whole issue seems disingenuous.
Now that Washington looks to have accepted the $85B sequestration, GOP legislators are looking to see where they can apply the scalpel rather than the machete. Programs at risk include one for robotic squirrels that helps researchers understand how squirrels interact with rattlesnakes, and Nasa's research on feeding astronauts on Mars. [View news story]
You make excellent observations, D. It just seems that lately when we come up with a big thing, it's manufactured in China and imported, or biotech targets the captive market of the so-called non-profit health care system and we pay $5,000+ for a dose of life saving medicine that cost $300 to produce.
Refocus away from financialism, or any other out of balance sector of the U. S. economy? Nice thought, that hedge fund managers will be satisfied with $5M/yr instead of $50M, or non-profit health care CEO's will give up their $4M/yr salaries for $400K. I won't be holding my breath. Some things can't be fixed, ask the Egytians, Romans, Spanish, English, etc..
Now that Washington looks to have accepted the $85B sequestration, GOP legislators are looking to see where they can apply the scalpel rather than the machete. Programs at risk include one for robotic squirrels that helps researchers understand how squirrels interact with rattlesnakes, and Nasa's research on feeding astronauts on Mars. [View news story]
D, I read the Time article last week. I highly recommend it (with a salt shaker nearby as it is a Time piece). Before one where to read it, here's a question, which entity spends more on lobbying DC, the defense industry or the health care industry?
Defense - Rotate from bombing and rebuilding other countries to improving ours with an eye towards efforts to improve our economic competitiveness. Great concept, but one I struggle with as to what they might be. I would be very interested in hearing thoughtful suggestions.
Now that Washington looks to have accepted the $85B sequestration, GOP legislators are looking to see where they can apply the scalpel rather than the machete. Programs at risk include one for robotic squirrels that helps researchers understand how squirrels interact with rattlesnakes, and Nasa's research on feeding astronauts on Mars. [View news story]
Cutting the budget at my dining room table is easy enough. It's the unintended consequences that concern me. Cut defense spending - we lose defense spending related jobs, cut health care spending - we lose health care related jobs,....... I see a trend developing here. We're hooked on the Federal deficit fix. If we eliminate it as a country, will we find out we are not so far from Detroit as we think we are, financially speaking?
Thank you for the info from SLW, ducat. Yes, that occurred to me after I posed the question, it would be a wash market wise. It would seem the impact would be to ABX exclusively.
Good article, enough so that I'm putting SLW back on my watch list.
I wonder if the Author, or anyone else, can expand on the Pascua-Lama contract terms. I had read that Barrick was on the hook to begin fulfilling this contract this quarter, thus causing them much pain and leading to some of the perceived tightness in the physical silver market as they had to buy silver to give to SLW. I suppose it wouldn't be out of the realm of possibility to have guaranteed SLW product at this point due to the protracted delays of the Pascua-Lama money pit, but what are the contract terms, and does Barrick have other internal sources of silver to satisfy this commitment?
Gold Miners: The Only Cheap Dividend Stocks Left [View article]
Gold Miners: The Only Cheap Dividend Stocks Left [View article]
March Madness: Final 4 Investing Bracket 2013 [View article]
Go Zags!
Gold Update Following Further Financial Turmoil In The Eurozone [View article]
Gold Update Following Further Financial Turmoil In The Eurozone [View article]
Looking at the long term chart, drawing a line from 2008 to now, is a slow steady rise. I want to buy at our below that line, and should the market get frothy again I will sell into it in an attempt to play the game on the house's money.
Thanks for a good article that share's my perspective.
Cyprus's parliament is due to convene this afternoon to debate an astonishing eurozone demand that it tax all bank deposits at up to 10% in return for a €10B bailout. While approval is not guaranteed, Cypriots rushed to take as much money as allowed out of ATMs. And although EU Commissioner Olli Rehn ruled out a deposit raid in other eurozone countries, menacingly for savers, eurogroup chief Jeroen Dijsselbloem would not. "We are in a new world," says an economist. Update: The parliamentary debate has been postponed until tomorrow. [View news story]
Two $7 Miners To Keep An Eye On [View article]
Comstock Mining (LODE) says it has priced a public offering of 5M shares of common stock at $2/share. LODE intends to use the proceeds to accelerate prerequisite environmental studies, engineering and permitting for growing production through the development and expansion of the Lucerne and Dayton Mine plans. [View news story]
These Mining Stocks Are Too Cheap To Ignore [View article]
These Mining Stocks Are Too Cheap To Ignore [View article]
Cory, appreciate the straight forward analysis. I only hold NEM currently and will continue to do so. FCX couldn't find any acquisitions in the mining space? I held small position and got lucky and sold it before their foray into energy. Something about the whole issue seems disingenuous.
Now that Washington looks to have accepted the $85B sequestration, GOP legislators are looking to see where they can apply the scalpel rather than the machete. Programs at risk include one for robotic squirrels that helps researchers understand how squirrels interact with rattlesnakes, and Nasa's research on feeding astronauts on Mars. [View news story]
Refocus away from financialism, or any other out of balance sector of the U. S. economy? Nice thought, that hedge fund managers will be satisfied with $5M/yr instead of $50M, or non-profit health care CEO's will give up their $4M/yr salaries for $400K. I won't be holding my breath. Some things can't be fixed, ask the Egytians, Romans, Spanish, English, etc..
Now that Washington looks to have accepted the $85B sequestration, GOP legislators are looking to see where they can apply the scalpel rather than the machete. Programs at risk include one for robotic squirrels that helps researchers understand how squirrels interact with rattlesnakes, and Nasa's research on feeding astronauts on Mars. [View news story]
Defense - Rotate from bombing and rebuilding other countries to improving ours with an eye towards efforts to improve our economic competitiveness. Great concept, but one I struggle with as to what they might be. I would be very interested in hearing thoughtful suggestions.
Now that Washington looks to have accepted the $85B sequestration, GOP legislators are looking to see where they can apply the scalpel rather than the machete. Programs at risk include one for robotic squirrels that helps researchers understand how squirrels interact with rattlesnakes, and Nasa's research on feeding astronauts on Mars. [View news story]
The New Face Of Silver Wheaton [View article]
The New Face Of Silver Wheaton [View article]
I wonder if the Author, or anyone else, can expand on the Pascua-Lama contract terms. I had read that Barrick was on the hook to begin fulfilling this contract this quarter, thus causing them much pain and leading to some of the perceived tightness in the physical silver market as they had to buy silver to give to SLW. I suppose it wouldn't be out of the realm of possibility to have guaranteed SLW product at this point due to the protracted delays of the Pascua-Lama money pit, but what are the contract terms, and does Barrick have other internal sources of silver to satisfy this commitment?