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  • The "disconnect" between the price of gold and the valuations of the companies digging it out of the ground hits John Paulson, whose Advantage Plus fund lost 6.7% during April thanks to big bets on gold miners. Gold-mining stocks have gotten hammered of late - far worse than what the price of bullion would suggest. Why a reversion to the mean may be in the offing.  [View news story]

    We did it twice and each time we got home half was missing.

    They are changing their name to Mirage Gold " we may not deliver, but we promise."
    May 5 03:20 PM | Likes Like |Link to Comment
  • The "disconnect" between the price of gold and the valuations of the companies digging it out of the ground hits John Paulson, whose Advantage Plus fund lost 6.7% during April thanks to big bets on gold miners. Gold-mining stocks have gotten hammered of late - far worse than what the price of bullion would suggest. Why a reversion to the mean may be in the offing.  [View news story]
    No, the real reason are the following:

    1) ETFs
    2) No Viagra earnings
    3) No dividends
    May 5 03:06 PM | Likes Like |Link to Comment
  • The "disconnect" between the price of gold and the valuations of the companies digging it out of the ground hits John Paulson, whose Advantage Plus fund lost 6.7% during April thanks to big bets on gold miners. Gold-mining stocks have gotten hammered of late - far worse than what the price of bullion would suggest. Why a reversion to the mean may be in the offing.  [View news story]
    JF, I will tell you why; they can not make a decent return nor a pay any golden dividend?

    Until that changes the miners are *******. Check the Ag miners instead...
    May 5 03:02 PM | Likes Like |Link to Comment
  • The "disconnect" between the price of gold and the valuations of the companies digging it out of the ground hits John Paulson, whose Advantage Plus fund lost 6.7% during April thanks to big bets on gold miners. Gold-mining stocks have gotten hammered of late - far worse than what the price of bullion would suggest. Why a reversion to the mean may be in the offing.  [View news story]
    Great and masterly point, Nicolo!
    May 5 02:59 PM | Likes Like |Link to Comment
  • The "disconnect" between the price of gold and the valuations of the companies digging it out of the ground hits John Paulson, whose Advantage Plus fund lost 6.7% during April thanks to big bets on gold miners. Gold-mining stocks have gotten hammered of late - far worse than what the price of bullion would suggest. Why a reversion to the mean may be in the offing.  [View news story]
    The Geooffster, the main problem I see with the mining industry is, you will never see the 3 to 1 ratio advance ratio investors experienced in the 80's...In fact, you not even likely to get a twofer...

    If this is the case, why purchase a miners with all the downside risk? Let's get physical, physical, I want to get physicalllly!
    May 5 02:58 PM | Likes Like |Link to Comment
  • The next economic boom, writes Daniel Gross, will be created by the efficiencies unleashed by America's transition from an Ownership Society to a Rentership Society. It's not just housing - citizens are getting used to the flexibility of renting across a whole range of goods. "The U.S. economy needs the dynamism that renting enables as much as - if not more than - it needs the stability that ownership engenders."  [View news story]
    I sure like the special cuts on your bathing suit, Terry!

    Please, I do not need an overseer: I am not a pet nor a pawn; but rather I seek a free country to Rome and peruse my dreams which I hope are BO free.

    I may need a helfing hand, from time to time, but a permanent crutch is not my touch...
    May 5 02:50 PM | 3 Likes Like |Link to Comment
  • The next economic boom, writes Daniel Gross, will be created by the efficiencies unleashed by America's transition from an Ownership Society to a Rentership Society. It's not just housing - citizens are getting used to the flexibility of renting across a whole range of goods. "The U.S. economy needs the dynamism that renting enables as much as - if not more than - it needs the stability that ownership engenders."  [View news story]
    With collective effort, each individual will prosper - so uttered Joesph Stalin before the All Soviet Congress 1921.
    May 5 02:36 PM | 4 Likes Like |Link to Comment
  • The next economic boom, writes Daniel Gross, will be created by the efficiencies unleashed by America's transition from an Ownership Society to a Rentership Society. It's not just housing - citizens are getting used to the flexibility of renting across a whole range of goods. "The U.S. economy needs the dynamism that renting enables as much as - if not more than - it needs the stability that ownership engenders."  [View news story]
    And furthermore, rassanders, what about the other 1% which the 99 percenters never talk about; who earn 23 cents per hour and have to wear uniforms 24/7?

    Where are the labor gangs to helf these poor souls?
    May 5 02:02 PM | 2 Likes Like |Link to Comment
  • The next economic boom, writes Daniel Gross, will be created by the efficiencies unleashed by America's transition from an Ownership Society to a Rentership Society. It's not just housing - citizens are getting used to the flexibility of renting across a whole range of goods. "The U.S. economy needs the dynamism that renting enables as much as - if not more than - it needs the stability that ownership engenders."  [View news story]
    We got a chapter rather than a paragraph. The only efficiencies produced out of renting is - mobility and capital appreciation.

    Moreover, this is an apple to pear comparison...
    May 5 12:20 PM | 3 Likes Like |Link to Comment
  • Crude oil's recent freefall isn't just about the jobs report, says Dennis Gartman. There are a number of factors that sparked the selloff: First and foremost is that the CME announced it's raising margin requirements, so a number of large funds began selling on fears of reduced liquidity on the exchange floor. Throw on top of that a "great bouillabaisse" of negative news and bearish market data and the decline isn't surprising at all. (video)  [View news story]
    Why is employment growth of 116,000 considered positive?
    May 5 11:21 AM | 2 Likes Like |Link to Comment
  • Bakken Update: 2012 Stock Picks Revisited [View article]
    One additional note to all BOCs investors, in the last twenty-four months you have seen what I call "hype" premium become part of the pricing structure for the BOCs (Bakken Oil Companies)...

    Please ax yourselves whether Continental Oil (CLR) and others are worth the bid/ask spread. Serious, is Continental worth $100.oo per share for some 2 dollars in earnings? Frankly, you can go on on with this list and when they disappoint, you will get crushed..

    If goo collapses to $50.oo p/b, all the BOCs' stocks will be fried. The time has come to go all cash and wait for better pricing, as well as better earnings. <--------- Hope or Hopeless
    May 4 12:01 PM | Likes Like |Link to Comment
  • Pick of the Day: Direxion Daily Oil and Gas ETF Bear 3x [View article]
    I think this ETF will have an extended run, for the remainder of the year!
    May 4 11:10 AM | Likes Like |Link to Comment
  • Bakken Update: 2012 Stock Picks Revisited [View article]
    More bad news from another BOC:

    "Wednesday 6:19 PM Continental Resources (CLR): Q1 EPS of $0.76, excluding non-recurring items, misses by $0.08. Revenue of $395M misses by $146M but may not be comparable. Expects 2012 production growth of 47%-50% on increased capex -"
    May 4 11:03 AM | Likes Like |Link to Comment
  • Bakken Update: 2012 Stock Picks Revisited [View article]
    Earnings out from KOG, as of yesterday. The 1st quarter revenue of 53.7 million and net 1.3 million.

    Revenue is down 1.74 million from the previous quarter and income per share is 1 cent...

    We closed out our positions today. I find these result less than satisfactory. Stock is very overpriced, IMHO...

    Those that continue to hold onto their positions, we wish you good luck.
    May 4 10:59 AM | Likes Like |Link to Comment
  • Gasfrac Energy: Fractured Dreams And The U.S. Potential [View article]
    srspa, I am afraid you are correct! This stock was 14 plus about 15 months ago, all of which was built on hype about the company's prospect..

    We closed out one of our position yesterday, with large losses and are still holding the bag on another.

    My suggestion to those who may be interested in this company, wait until you see two consecutive quarters of rising revenues.

    Furthermore, investors will pay a 1% spread just to take a position as well as low stock volume. Several of our limited price buy/sell orders failed to execute because of small trading volume.
    May 4 09:48 AM | 1 Like Like |Link to Comment
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