Seeking Alpha

Philippe97

Philippe97
Send Message
View as an RSS Feed
View Philippe97's Comments BY TICKER:
Latest  |  Highest rated
  • Gold bull only "wounded" says Ned Davis [View news story]
    If you knew your historic data of (real) interest rates well, you should know there is hardly any correlation with gold.
    Jun 3, 2014. 01:13 PM | 1 Like Like |Link to Comment
  • What Will Silver Wheaton Be Worth In 2018? [View article]
    Blah blah; nothing new in this article
    Making calculations at 65$, but not at 10, is this rational?
    Sep 12, 2013. 12:28 PM | Likes Like |Link to Comment
  • Gold And Silver Might Bounce On Selling Exhaustion [View article]
    If you look at the ETF charts over a longer period, say 5 years or more, one can see that the 'paper' stock of gold is still very high. As long as this is the case, there is in my view no real oversold situation in the gold market.
    Jul 5, 2013. 10:25 AM | 2 Likes Like |Link to Comment
  • Ignore The Doom And Gloom And Buy Gold [View article]
    It would not be the first time in history that mines stay closed for many years because production prices are to high compared to market prices. So the actual situation is certainly no fundamental reason to buy gold.
    Increasing yields are also not positive for gold as it does not generate an income but only a cost (financing and storage). This is one of the major reasons why call options have remained relatively expensive despite price collapses.
    At the moment I only see a small positive in a possible temporary technical rebound, but as we know even technicals have no crystal ball..
    Jul 5, 2013. 10:19 AM | 3 Likes Like |Link to Comment
  • The carnage in gold mining stocks is not over, Jefferies says as it cuts ratings for Barrick Gold (ABX), Goldcorp (GG), Kinross Gold (KGC) and Newmont Mining (NEM) by one notch each: "With short reserve lives, rising costs, rising political risks and a stagnant commodity price... an argument could be made that gold equities should trade at valuation discounts to other resource equities. Instead, they continue to garner valuation premiums." [View news story]
    Most commentators here seem to have a crystal ball where they see prices go up. If most people are sure of a direction, beware..
    If another industry has the same problems as the gold industry, valuations fall and everybody agrees. Here it doesn't (yet) as sentiments still play to big a part.
    Jul 2, 2013. 11:48 AM | Likes Like |Link to Comment
  • Silver Wheaton Corp.: A Big Long-Term Investment Opportunity [View article]
    All very interesting, but what if silver prices remain at lower prices for a prolonged time? Some miners might go bust, due to expensive production costs. The consequences for SLW could be dramatic
    Jun 28, 2013. 08:24 AM | 2 Likes Like |Link to Comment
  • The King Of The Royalty And Streaming Companies [View article]
    SLW certainly looks one of the better silver/gold stocks.
    However, as so often, only positive elements have been put forward. What if demand in these commodities goes down (while production goes up)? What if gold/silver prices keep coming down, as if to foresee in a still deflationary environment? What if producing companies go bust? Never think this is impossible, just look at history. Oh, and don't forget the creeping carry-cost as interest rates are slowly going up
    Jun 21, 2013. 05:18 PM | Likes Like |Link to Comment
  • McEwen Mining (MUX) cuts its 2016 production view to 225K gold equivalent oz. from 290K, which it says could reduce capex requirements to the point where "cash reserves and cash flow from operations could be sufficient to fund the majority of revised production growth." [View news story]
    As was predictable, lower ( more realistic) gold prices are hitting the miners. MUX is just one of many
    Jun 10, 2013. 07:38 PM | Likes Like |Link to Comment
  • Gold: To Buy Or Not To Buy? [View article]
    Some remarks:
    - the ECB did not order Cyprus to sell its gold
    - the FED stil has no intetion of stopping QE
    - SLW is a less risky company, but if prices keep falling its profits will sunstantially drop
    May 1, 2013. 06:00 PM | Likes Like |Link to Comment
  • 11 Reasons To Be Suspicious Of The SPDR Gold Trust And Why I Prefer The Central Gold Trust [View instapost]
    As most non-pros would buy one of the trusts for security/hedge/diversi... reasons, I surely would advice them to buy GTU
    Apr 22, 2013. 04:19 PM | Likes Like |Link to Comment
  • The SPDR Gold Trust Vs. The Central GoldTrust [View article]
    Thanks for showing us the (important) differences between the 2 trusts
    Apr 22, 2013. 04:15 PM | 1 Like Like |Link to Comment
  • Worried About A Silver Selloff? Buy Silver Wheaton Instead [View article]
    Sorry but the risk is still there.
    Don't forget: there is no free lunch
    What if prices drop below the production cost, which is not so far away for some miners..? SLW would be in big troubles
    Apr 16, 2013. 04:54 PM | 1 Like Like |Link to Comment
  • Comex Gold Inventories Collapse By Largest Amount Ever On Record [View article]
    Never do what Goldman says, do what Goldman does..
    Apr 10, 2013. 10:41 AM | 5 Likes Like |Link to Comment
  • Recycling, Not Mining, Is The Future For Securing Immediate Platinum Group Metal Supply [View article]
    You make me believe there is no pure recycling bussiness in the US?
    Come to old Europe and watch the profits 'Umicore' of Belgium is making out of recycling with the newest technics
    Mar 18, 2013. 09:33 AM | 1 Like Like |Link to Comment
  • 8 Shipping Companies Profiting From The LNG Boom [View article]
    You seem to forget to mention a real global specialist:
    EXMAR from Belgium: they are specialised in the handling and transport of LNG and LPG around the world . They own and build gastankers since many decades.
    For more info go to http://www.exmar.be
    Dec 28, 2012. 05:06 AM | Likes Like |Link to Comment
COMMENTS STATS
23 Comments
25 Likes