Whadda I Do Whadda I Do Posted December 17, 2010 Report Share Posted December 17, 2010 It appears the counter play to beating up on gold is dumping dollars (China?). Lower prices maybe an opportunity for bargain hunters but holders of miners and physical don't wish the lower values on their holdings. Link to comment Share on other sites More sharing options...
KnowsNothing Posted December 17, 2010 Report Share Posted December 17, 2010 Gold Inflation Adjusted Link to comment Share on other sites More sharing options...
Charmin Posted December 18, 2010 Author Report Share Posted December 18, 2010 Gold Inflation Adjusted There is no doubt in my mind gold is going to $5000. Link to comment Share on other sites More sharing options...
Whadda I Do Whadda I Do Posted December 18, 2010 Report Share Posted December 18, 2010 If you wondered what the middle of a gold bull run was like, you are in one now. Here's part an article from Safehaven.com with a decent overview of miners towards the end. Gold: Currency Wars and China ...Replacing reserves is the biggest challenge facing gold mining companies today. The senior producers talk about a growth pipeline, yet the reality is that most senior producers are stuck on a treadmill and for many, they are simply harvesting their mines. While this condition has plagued the industry for some time, the buoyant gold price has deflected attention from replacing their depleting reserve base. Development situations like Detour Gold and Osisko were able to take advantage of the market euphoria and already prefunded their projects. Consolidation and merger activity has been hectic reflected by the prices paid for gold in the ground today at more than $1400 an ounce recently. The dilemma for a portfolio manager is that the shuffling of reserves is not necessarily accretive since takeovers are often done with shares as currency... Note: US traders may have to use the pinksheets to look up some of the miners mentioned in the article. Link to comment Share on other sites More sharing options...
KnowsNothing Posted December 21, 2010 Report Share Posted December 21, 2010 what do you guys think about Seabridge gold sea.to or SA on the us side My link they seem to have the largest OZ/shr at 1.22. far larger than anyone else on the list. and this is for reserves. This is huge, yes? Link to comment Share on other sites More sharing options...
KnowsNothing Posted December 22, 2010 Report Share Posted December 22, 2010 Audio on cdn trading Link to comment Share on other sites More sharing options...
Whadda I Do Whadda I Do Posted December 22, 2010 Report Share Posted December 22, 2010 what do you guys think about Seabridge gold sea.to or SA on the us side My link they seem to have the largest OZ/shr at 1.22. far larger than anyone else on the list. and this is for reserves. This is huge, yes? I don't know what to tell you about SA. Only lost half a million last quarter. Since they don't do any mining for profit they have to sell off properties for working capital to continue drilling to verify any reserve filings. CEO gets about half million a year. Looks like they have no intention of mining just selling off properties. Another good mob mentality charting play that hinges on spot prices more than anything. Link to comment Share on other sites More sharing options...
Whadda I Do Whadda I Do Posted December 22, 2010 Report Share Posted December 22, 2010 Ted Butler Commentary December 21, 2010 Link to comment Share on other sites More sharing options...
Charmin Posted December 23, 2010 Author Report Share Posted December 23, 2010 Something new in the leveraged precious metals trade: NUGT (Direxion Daily Gold Miners Bull 2x Shares) DUST (Direxion Daily Gold Miners Bear 2x Shares) http://www.direxionshares.com/etfs Link to comment Share on other sites More sharing options...
Whadda I Do Whadda I Do Posted December 23, 2010 Report Share Posted December 23, 2010 Seems lately as if when miners get beat down spots go up and when spots get beat down miners go up. Must upset the manipulators. About another week for this current crap to end. I bought 5 NG calls/$25/Jan.2013 and a few pinksheet hopefuls just to say I played the seasonal end of year trend. Link to comment Share on other sites More sharing options...
goose Posted December 23, 2010 Report Share Posted December 23, 2010 Canadian markets will be close at 1pm December 24th and will be closed on December 27, 28 and January 3rd. Link to comment Share on other sites More sharing options...
Dharmaeye Posted December 24, 2010 Report Share Posted December 24, 2010 http://www.youtube.com/watch?v=nOr5PQfkG3Q&feature=player_embedded last year buy interesting 5 parts Link to comment Share on other sites More sharing options...
Whadda I Do Whadda I Do Posted December 28, 2010 Report Share Posted December 28, 2010 This is going to be good. Any recent dips were immediately brought into. Looks like a short squeeze with everyone still on vacation. Any drives down in miners or spot price as shorts were put on are going to make for a quick rise if new shorts have to start unloading already. Looks like a short play at these levels is ill timed. Link to comment Share on other sites More sharing options...
dharma Posted December 28, 2010 Report Share Posted December 28, 2010 i am looking for this to go higher than most think possible. this will be a blow off top-end of january to possibly mid feb dharma Link to comment Share on other sites More sharing options...
Whadda I Do Whadda I Do Posted December 28, 2010 Report Share Posted December 28, 2010 Another high is spot silver? If spot gold can hold $1405 today, should run. Miners beginning to attract attention. Link to comment Share on other sites More sharing options...
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