Silver: Seeking Confirmation Of A Bottom [View article]
I don't believe in technicals especially when the market is being manipulated. I will say this silver suppression will end soon since their has been a shortage in the metal or years. I asked an ETF why they don't expand their gold/silver shares and their reply was they could not find the deliverable silver. Makes you wonder how the other ETFs are, at a whim, expand their 'holdings" of silver so easily. Gold on the other hand is also being suppressed bu it is not used as extensively in manufacturing. Silver is being used and the banks have yet to figure out a way for electrons to flow over IOUs.
With that said Palladium and platinum to a lesser extent is running into supply constrictions while demand is increasing especially in China. I like the supply and demand issues I learned about in econ 101 since they have yet to be manipulated.
Northwest Biotherapeutics: A Critique Of Adam Feuerstein Of TheStreet's Recent Analysis [View article]
I pointed out before that Fernstein has a nasty habit of attacking companies whose stocks are heavily shorted.
I think that the person filtering my comment should read the mother comments posted on this link. Mine is not where near as hostile to wards Fernstein as many here are. Perhaps you should filter anyone who has a negative comment
Northwest Biotherapeutics: A Critique Of Adam Feuerstein Of TheStreet's Recent Analysis [View article]
I have not even looked but I can tell you that this company is heavily shorted. Fernstein tends to bash very heavily shorted stocks even more when they are OTC where naked shorting is rampant and unreported in many instances. I invested in ARNA and held when Fernstein said it was a POS that would never be approved. I bought in at an average just over 2 per share. It is now around 8.50 and I expect a spectacular launch that will take it to 20.
Visions Systems' SPD-Smart Nuance Dimmable Marine Window Is a Category Winner in the Prestigious "DAME" Competition of the 2012 Marine Equipment Trade Association Show [View article]
Funny I went to the METS site and did not see any reference to Smart Glass of REFR.
Platinum Group Metals Facing Supply Constraints, Soaring Prices [View article]
This is a snip it from the proposed increases in electricity prices in South Africa: "power utility’s application for yearly increases of 16% over the next five years starting April 1, 2013, increasing its selling price from 61c/kWh to 128c/kWh in nominal terms by 2018."
Now add to the that 60% of the miners in SA are at break even or below at $1600 per oz. Plus the labor unrest and the proposed 8% increase in wages and the fact that diesel prices will continue to rise. Now ad the fact that many shafts are being closed due to non-profitability.
It boils down to this IMHO the price of platinum will rise by avg of 10% or more for the next 5 years baring a world depression.
Palladium once cost more than Platinum causing American Auto Manufacturers switch to platinum. Now the reverse is happening and you will see more exchanging of palladium instead of Platinum.
Buy Gold Now, As Central Banks Keep Buying Gold [View article]
Yep and then Venezuela wants their gold out of the England bank and Germany wants its gold and Mexico finally woke up and wants it delivered to their own vaults. Makes you think that there is some truth to the rumor that there is 100 oz in paper for every oz of metal.
The governments of the world keep printing money and GLD has enough legal get out of jail I'm not responsible clauses in their prospectus to drive a truck through. BTW wasn't Barclay's also responsible for the LIBOR scandal? Makes you want to trust them with your gold doesn't it.
Platinum Group Metals Facing Supply Constraints, Soaring Prices [View article]
"""Any idea how much these two precious metals will sell off after the strikes are settled?"" It is NOT the strike that is driving the metal prices. Only the short term interruption of the strike had an impact. If the cost is driven by electricity costs and electricity is tripling then you have a driver. If the demand is up while the supply is down long term then that is a cost driver. The strike is resulting in higher labor cost and it will be a cost driver although to not the same extent as the cost of electricity.
Platinum Group Metals Facing Supply Constraints, Soaring Prices [View article]
So you are saying supply and demand for a scarce resource does not apply nor does the cost to produce the metals? Platinum and Palladium are not your typical speculative metals like Gold. Those closed mines in South Africa will reopen once the price of Platinum rises to a level that allows profit given a 3 times increase in electricity and increased labor cost. Since Palladium in many instances is interchangeable with Platinum, as platinum rises so will the price of Palladium given the supply of Palladium is also tight. The largest cost to produce Platinum is energy, therefore IMO Platinum costs prices will need to double in order for more Platinum to be brought on the market. In the mean time, as the South African electricity costs continue to rise, many mines will remain closed.
Platinum Group Metals Facing Supply Constraints, Soaring Prices [View article]
Another big driver or the next couple of years is China. They have huge pollution problems and were supposed to add severe restrictions on pollution limits for autos. China uses Palladium for their catalytic converters. Historically the Chinese have winked at the pollution limitations but now that will IMHO be no longer allowed, China recently announced that they would force some 180,000 high pollution cars off the roads in Beijing so that pressure will be added to the already growing auto demand.
South Africa recently shot 45 mine workers on camera so the conflict in that country should increase. Add to that the South African mines have been paying 1/3 the cost electricity production through subsidies. Those subsidies are being withdrawn and the cost of labor will also rise driving many low margin mines to close.
The Silver Bullets Of The North American Energy Transport Infrastructure (Part II) [View article]
Yes and then lets destroy a chunk of Canada the size of florid to get the TAR sands out!
How about this alternative?
It is called a Thorium Liquid Metal Reactor
Can't Melt Down, Fuel can't burn Can't be diverted for Bombs Extremely simple, no heavy redundancy, Small size Very cheap to produce Virtually all the fuel is burned instead of 1% in current reactors Can be used to eliminate existing radioactive material Thorium very cheap and very abundant byproducts produced needed for medical and NASA explorers produced etc No additional mining needed Thorium co-located with rare earths currently preventing mining those elements Solves green house gas issues $30K Thorium = 1/2 billion in electricity = less than 3 cents KWH Thorium enrichment not needed Thorium reactors work at ambient pressure i.e, no explosions Technology proven with working reactor in 1960s Thorium reactors waste has a 1/2 life of 300 years not 10,000
We have the solution but the coal and oil and existing reactor industries will fight it. We are falling behind cause China and India are going full blast on this technology Congress is setting on its ass while the world moves forward
The Silver Bullets Of The North American Energy Transport Infrastructure (Part I) [View article]
WE cannot keep pumping carbon into the atmosphere. Global warming is a major world concern. Add to that the acidification of the oceans via carbonic acid. Noe add the other pollutants such as mercury and the estimated 18,000 deaths in the US due to air pollution.
A solution to this problem is thorium reactors!
Thorium reactors have the potential to solve the worlds energy problems but the 27 trillion in the ground of big oil reserves will be the largest impediment.
It is called d a Thorium Liquid Reactor
Can't Melt Down and the Fuel can't burn It is resistant to being diverted for Bombs Extremely simple, no heavy redundancy Small size Very cheap to produce Virtually all the fuel is burned instead of 1% current reactors Can be used to burn existing radioactive material Thorium very cheap and very abundant By products produced needed for medical and NASA explorers No additional mining needed Thorium Co located with rare earths currently cannot be mined due to thorium presents Solves green house gas issues $30K Thorium = 1/2 billion in electricity= 3cent per KWH Thorium enrichment not needed Thorium reactors work at ambient pressure i.e, not explosions One was already built in 1960s and worked well
Solar Power in Germany: A Shining Future [View article]
Thorium reactors have the potential to solve the worlds energy problems but the 27 trillion in the ground of big oil reserves will be the largest impediment.
It is called d a Thorium Liquid Reactor
Can't Melt Down>> Fuel can't burn Can't be diverted for Bombs Extremely simple, no heavy redundancy, Small size Very cheap to produce Virtually all the fuel is burned instead of 1% current reactors Can be used to burn existing radioactive material Thorium very cheap and very abundant By products produced needed for medical and NASA explorers produced etc No additional mining needed Thorium Co located with rare earths currently cannot be mined due to thorium presents Solves green house gas issues $30K Thorium = 1/2 billion in electricity= 3cent per KWH Thorium enrichment not needed Thorium reactors work at ambient pressure i.e, not explosions One was already built in 1960s and worked well
Silver: Seeking Confirmation Of A Bottom [View article]
With that said Palladium and platinum to a lesser extent is running into supply constrictions while demand is increasing especially in China. I like the supply and demand issues I learned about in econ 101 since they have yet to be manipulated.
Northwest Biotherapeutics: A Critique Of Adam Feuerstein Of TheStreet's Recent Analysis [View article]
I think that the person filtering my comment should read the mother comments posted on this link. Mine is not where near as hostile to wards Fernstein as many here are. Perhaps you should filter anyone who has a negative comment
Northwest Biotherapeutics: A Critique Of Adam Feuerstein Of TheStreet's Recent Analysis [View article]
Platinum Group Metals Facing Supply Constraints, Soaring Prices [View article]
E-TRACS UBS long Platinum ETN (PTM)
ETFS Physical Platinum Shares (PPLT)
ETFS Physical Palladium Shares (PALL)
Platinum Group Metals Facing Supply Constraints, Soaring Prices [View article]
Since I got into Palladium starting at around $250 I guess I just don't get it.
Visions Systems' SPD-Smart Nuance Dimmable Marine Window Is a Category Winner in the Prestigious "DAME" Competition of the 2012 Marine Equipment Trade Association Show [View article]
Why is that?
Platinum Group Metals Facing Supply Constraints, Soaring Prices [View article]
This is a snip it from the proposed increases in electricity prices in South Africa:
"power utility’s application for yearly increases of 16% over the next five years starting April 1, 2013, increasing its selling price from 61c/kWh to 128c/kWh in nominal terms by 2018."
Now add to the that 60% of the miners in SA are at break even or below at $1600 per oz. Plus the labor unrest and the proposed 8% increase in wages and the fact that diesel prices will continue to rise. Now ad the fact that many shafts are being closed due to non-profitability.
It boils down to this IMHO the price of platinum will rise by avg of 10% or more for the next 5 years baring a world depression.
Palladium once cost more than Platinum causing American Auto Manufacturers switch to platinum. Now the reverse is happening and you will see more exchanging of palladium instead of Platinum.
Buy Gold Now, As Central Banks Keep Buying Gold [View article]
The governments of the world keep printing money and GLD has enough legal get out of jail I'm not responsible clauses in their prospectus to drive a truck through. BTW wasn't Barclay's also responsible for the LIBOR scandal? Makes you want to trust them with your gold doesn't it.
Platinum Group Metals Facing Supply Constraints, Soaring Prices [View article]
Platinum Group Metals Facing Supply Constraints, Soaring Prices [View article]
It is NOT the strike that is driving the metal prices. Only the short term interruption of the strike had an impact. If the cost is driven by electricity costs and electricity is tripling then you have a driver. If the demand is up while the supply is down long term then that is a cost driver. The strike is resulting in higher labor cost and it will be a cost driver although to not the same extent as the cost of electricity.
Platinum Group Metals Facing Supply Constraints, Soaring Prices [View article]
Platinum Group Metals Facing Supply Constraints, Soaring Prices [View article]
South Africa recently shot 45 mine workers on camera so the conflict in that country should increase. Add to that the South African mines have been paying 1/3 the cost electricity production through subsidies. Those subsidies are being withdrawn and the cost of labor will also rise driving many low margin mines to close.
The Silver Bullets Of The North American Energy Transport Infrastructure (Part II) [View article]
How about this alternative?
It is called a Thorium Liquid Metal Reactor
Can't Melt Down, Fuel can't burn
Can't be diverted for Bombs
Extremely simple, no heavy redundancy,
Small size
Very cheap to produce
Virtually all the fuel is burned instead of 1% in current reactors
Can be used to eliminate existing radioactive material
Thorium very cheap and very abundant
byproducts produced needed for medical and NASA explorers produced etc
No additional mining needed
Thorium co-located with rare earths currently preventing mining those elements
Solves green house gas issues
$30K Thorium = 1/2 billion in electricity = less than 3 cents KWH
Thorium enrichment not needed
Thorium reactors work at ambient pressure i.e, no explosions
Technology proven with working reactor in 1960s
Thorium reactors waste has a 1/2 life of 300 years not 10,000
Brief overview from 17 out of 32 presentations.
http://bit.ly/VH1Bf0
Great presentation
http://bit.ly/Xvyfer
Interesting web site about Thorium Energy
http://bit.ly/VH1Bf4
We have the solution but the coal and oil and existing reactor industries will fight it.
We are falling behind cause China and India are going full blast on this technology
Congress is setting on its ass while the world moves forward
The Silver Bullets Of The North American Energy Transport Infrastructure (Part I) [View article]
A solution to this problem is thorium reactors!
Thorium reactors have the potential to solve the worlds energy problems but the 27 trillion in the ground of big oil reserves will be the largest impediment.
It is called d a Thorium Liquid Reactor
Can't Melt Down and the Fuel can't burn
It is resistant to being diverted for Bombs
Extremely simple, no heavy redundancy
Small size
Very cheap to produce
Virtually all the fuel is burned instead of 1% current reactors
Can be used to burn existing radioactive material
Thorium very cheap and very abundant
By products produced needed for medical and NASA explorers
No additional mining needed
Thorium Co located with rare earths currently cannot be mined due to thorium presents
Solves green house gas issues
$30K Thorium = 1/2 billion in electricity= 3cent per KWH
Thorium enrichment not needed
Thorium reactors work at ambient pressure i.e, not explosions
One was already built in 1960s and worked well
http://bit.ly/Xvyfer
Solar Power in Germany: A Shining Future [View article]
It is called d a Thorium Liquid Reactor
Can't Melt Down>> Fuel can't burn
Can't be diverted for Bombs
Extremely simple, no heavy redundancy,
Small size
Very cheap to produce
Virtually all the fuel is burned instead of 1% current reactors
Can be used to burn existing radioactive material
Thorium very cheap and very abundant
By products produced needed for medical and NASA explorers produced etc
No additional mining needed
Thorium Co located with rare earths currently cannot be mined due to thorium presents
Solves green house gas issues
$30K Thorium = 1/2 billion in electricity= 3cent per KWH
Thorium enrichment not needed
Thorium reactors work at ambient pressure i.e, not explosions
One was already built in 1960s and worked well
http://bit.ly/Xvyfer