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  • Update: Primero Mining Revises Its Black Fox Production Guidance Downward, Increases Cost Estimates [View article]
    Thanks for the inputs! What would you suggest is a good price to enter Primero? (If at all PPP is worth entering!)
    As a corollary, do you expect miners such as PPP to perform better than gold in coming 12 months?
    Sep 16 10:18 AM | Likes Like |Link to Comment
  • GT Advanced Technologies: Is The Street Missing Forest For The Trees? [View article]
    To those of you who follow GTAT closely and are inclined towards technical analysis: At what level do you see the bottom? What would be a good entry point for GTAT? With what target price in what time frame?
    Thank you!
    Sep 16 08:00 AM | 1 Like Like |Link to Comment
  • Gold Headed Lower As Strong Dollar, Higher Interest Rates Loom [View article]
    Succinctly put, User 101!!
    Sep 16 07:44 AM | Likes Like |Link to Comment
  • Seadrill: Should You Double Down Now And Go All In Close To Seadrill's 52-Week Low? [View article]
    Long term we all are dead. Period.
    Long term we may all move to solar or nuclear or maybe even NG, who knows?

    'Long term' is ambiguous, duration depends on investing strategy of individual and window of life available to him within which he must maximise returns or hand over baton to NOK.
    Long term, gold is a sound investment for many. But it would be foolish to buy gold at 1800 in 2011 and keep holding and buying the dips, doubling down/tripling down as well (as many have last 2 yrs) knowing fully well that gold is now weak and trending down but not knowing how much lower gold may go. Same with SRL. Just because it's touching 52 week lows is not adequate justification to double down or keep holding blindly when we well know the market is soft and further downside cannot be ruled out in near future. If an investor can withdraw from SDRL and use the same funds to generate better returns elsewhere with similar risk (given current situation), surely he/she should.

    The bull is long in the tooth and bear market has not even begun! Experts say there is plenty of scope for the market to fall from here. Surely we should not expect SDRL to stay at 30 or rise in such an eventuality? I'd rather be out and buy in later when the probability of a bottom is higher than now. As for dividend, even that is not assured to maintain status quo 'long term'.
    The best!
    Sep 16 05:08 AM | 5 Likes Like |Link to Comment
  • GLD - Waiting On A Russian Rebuttal To The EU [View article]
    If you plan to buy & hold physical gold personally, then best that you buy somewhere close to where you are. Example: Say the cheapest and assured quality is available in Dubai. Consider the logistics costs of travelling, not to mention Customs, maybe import duties, etc. Any price advantage of Dubai will get wiped out by logistics of travel.
    Those companies I mentioned are all into holding physical fine gold bars on client's behalf; BV claims regular audit. But better you check and confirm for yourself.
    The best!
    Sep 15 10:06 AM | Likes Like |Link to Comment
  • Update: Goldcorp Denies It Is In The Acquisition Market [View article]
    Now clearer, Hebba. Thanks!

    Instead of M&A, there are reports that big companies are breaking themselves down into small entities... maybe the implications/effect of such moves need to be evaluated for opportunities.
    Sep 15 09:27 AM | Likes Like |Link to Comment
  • Update: Goldcorp Denies It Is In The Acquisition Market [View article]
    Hello, Hebba!

    Quoting from your earlier story:
    Mr. Jeannes' says 'gold plunge to $900 would be an opportunity'.
    I would like to ask: What kind of opportunity? For whom? To do what?

    He now also says GG 'would be postponing its acquisitions for a more dire environment or better pricing.'
    I ask: What better pricing? As in maybe gold $750? Or lower still?? What 'dire environment' does he foresee that will make him/GG consider acquisitions more favourably than when gold is say $900 and mining stocks down maybe an addl 25% if not more from now?

    These two comments by him at face seem a dichotomy. Maybe we are missing something? Can we have a more specific interpretation of this views?

    Thanks so much!
    Sep 15 04:17 AM | Likes Like |Link to Comment
  • Conditions Are Right For The Dollar To Weigh On Gold [View article]
    Thank you for this input! A question, please:

    To offset the inverse relationship of gold/USD, what should those of us already invested in gold (purchased in USD) do? Would you suggest that we sell the gold in USD, exchange USD for Euro and repurchase the same gold using Euros?
    Your advise will be much appreciated!

    Sep 14 08:05 AM | 1 Like Like |Link to Comment
  • New Low In Silver; Lower Low In Gold Still To Come [View article]
    Hello, Avi! Thank you for your prescient calls on gold, all mostly correct in the face of huge opposition these last few months.

    Your weekly updates have kept me from succumbing to clarion calls like 'last chance to buy gold so low', 'buy the dip', etc... The opportunities to buy low and still lower never seem to end and the dips keep getting deeper! Some gold bulls who contribute on SA seem to have been buying every dip last 2 years, their allocation of funds for gold seem inexhaustible!

    Me, I am holding back till we hit GLD 105 or whatever figure you arrive at in coming commentary. Thank you again! Me thinks a more concrete way to say thank you and repose trust in your unique talent may be to subscribe!

    The very best to you, Avi. May your tribe increase!
    Sep 14 05:36 AM | 7 Likes Like |Link to Comment
  • GLD - Waiting On A Russian Rebuttal To The EU [View article]
    To: James Myung -
    You look to buy 1.5kg physical gold and hold in personal custody? If you intend to bank it safely in physical form, you can look at Bullion Vault. They are based in USA, UK, Zurich. You can chose any of these locations to vault your gold. They hold your bullion for you, its audited and the holding charges are amongst the lowest... or so I am led to believe!
    There are a few more such, one of them is called 'Hard Assets Alliance'. You can Google it.
    Then there is the new Sprott Physical Bullion Trust, also based on physical holding.
    The best!
    Sep 13 08:31 AM | 1 Like Like |Link to Comment
  • GLD - Waiting On A Russian Rebuttal To The EU [View article]
    To: The Author - a few questions, please:
    1. If UA/RU tangle were absent to what would you attribute gold price movement?
    2. Where would the gold price be today according to you, if there was no UA crisis?
    3. Are you in the camp that believes that gold price is manipulated? If yes, why should UA crisis significantly impact gold price since Western manipulation (independent of UA problem) is the fulcrum?

    Thanks for a response!
    Sep 13 08:15 AM | Likes Like |Link to Comment
  • Buy The Dip In Gold [View article]
    Succinctly put, Toneguru!

    People who recommend investing in gold long term and then discuss GLD as a favourable option really have not done their homework.
    Next time someone here wants to suggest that GLD is backed 100% by gold better first get an opinion on the GLD prospectus/contract from an expert lawyer before setting ink to paper.
    There is only one way to invest in gold - physical or a Fund that backs it shares with 100% physical. GLD is far from it.
    Sep 6 12:23 AM | 2 Likes Like |Link to Comment
  • S&P 2,000: Speed Bump Or Top? [View article]
    Ref Second Front: As per Western Media, UA smokes up a RU convoy coming in with medical/food succour and expects the bear to slumber? it's not even autumn yet!

    Bret, as some others have aired, I second their proposal that you kindly consider an Options newsletter or what ever you wish to call it. Meantime, I shall of course look at your new small caps initiative!

    I wish you well and thank you for sharing your expertise here on SA.
    Aug 28 08:42 AM | 2 Likes Like |Link to Comment
  • GT Advanced Technologies: Is A Short Squeeze Coming? [View article]
    You mention catalysts in coming few months. Can we have the dates for introduction of new Apple products that directly affect GTAT? Thanks!
    Aug 27 05:36 AM | Likes Like |Link to Comment
  • Update: Questcor Shareholders Are The Net Gainers Of Acquisition Deal [View article]
    I am curious to know: What happens to all those holding QCOR short? Do they have to cover at current QCOR price or are their short positions transferred to MNK?
    Aug 19 09:53 AM | Likes Like |Link to Comment