get lost shorts-The share price of Silver Wheaton Corp. (USA) (NYSE: SLW) has appreciated 17.3 percent over the past month, from a low of $11.47 on October 1.
• Barclays’ Farooq Hamed has initiated coverage of the company with an Overweight rating and a price target of $18.
• Although the Canada Revenue Agency issue could lead to an overhang on the stock, Hamed believes that most of the “worst case scenario” associated with the tax issue is already priced in.
Analyst Farooq Hamed believes that Silver Wheaton “has a high quality stream portfolio that can grow annual earnings and cash flows organically at spot commodity prices,” while its improving balance sheet and significant available liquidity” would allow for “greater potential growth through acquisitions.”
With the current spot commodity prices and assuming that the company does not undertake any further acquisitions, Hamed expects Silver Wheaton’s underlying business to general annual EPS and CFPS growth at 3.7 percent and 3.9 percent, respectively, over the coming five years.
“Coupling this decent growth rate with an improving balance sheet that we expect will be in a net cash position by 2017, barring any further investments, we believe SLW represents an attractive option in the embattled Canadian Metals and Mining sector,” the Barclays report said.
Things are seldom what they are made out to be in the media; they construct a largely false paradigm with just enough credibility to make it marketable and the people suck it up like so much free ice cream. It's just like government statistics.
One would think it's 1984.
One note on the famous Nixon to China trip; Milhous took with him none other than George Bush Sr, who became our first unofficial ambassador (and 2nd official ambassador under Gerald (pardon me) Ford.
I might add that Ford was previously only distinquished by being J Edgar Hoover's snitch on the Warren Commission.
Years later, when George W was involved in the whole "hanging chad" thing, before the Supreme's stepped in, China announced they were considering appointing W's "best friend" as ambassador to U.S. (Small 2 paragraph report from AP, never saw if he was appointed.) The point is that China believed that the best friend of an American President was a Chinese nationalist.
What “arguments”? We’ve given ours. Where are yours? What "conspiracy theories". Others give ample evidence and historical references that these are not "theories", since theft using counterfeit money issued by governments/central banks has taken place a number of times throughout history, the latest incarnation being that of the Federal Reserve System.
There is only partial agreement with yours, but certainly not how you couch yours. The bottom in the PM sector is not as yet in. For us the “buy low, sell high” theorem applies. We do support those who, though a bit over the top in their support for this sector, put themselves into a waiting game waiting for recovery as prices drop even further. If everyone waited for a bottom the bankster/elitists would be in a world of hurt.
Not understanding the plethora of fact-based arguments against your conspiracy theories does not constitute the absence of such depositions.
Sorry to inform you that the endless posting of evidence explaining the detriments of reinstating a gold standard is in fact the same thing as posting evidence explaining why doing away with the gold standard has been a good thing.
Yes, and we have a number of the usual suspects that promote fraud on this topic, to name a few:
Calling names, rather than using the tactics of the above to engage in name calling always seems to be more effective, since that is the sum total of the content of their messages.
However, it is still accurate to advise those PM investors to beware of those who advise investing too soon. It seems, in the PM sector the only viable part currently is that which is physical with no counter party risk.
Fraud is no conspiracy. Fraud is a crime When you speak in terms of fraud money, which affords easily accomplished debasement and theft by inflation, you are in essence aiding and abetting criminal activity on a vast scale.
Obviously we are encircled by those that endorse the tried and failed Keynesian economics. I feel as though I can make that statement because that was the schooling that was foisted on me and it is still that which is favored by the Bolsheviks in government then, now and in this forum.
Having re-educated myself through reading extensively the works of Locke, Rothbard, Mises and Hayek, just to name a few, I now understand the treacherous nature of interventionism, whether militarily or economically. It is only the errand of fools, miscreants, the slow-witted or those that seek to profiteer by gaming a wayward, one based largely on fraud, system. They are in great supply, which, of course, demeans the term "common sense". We have a great deal of that here that must be waded through. But those that endorse manipulation of literally everything by ersatz know-it-alls when the market works so much more effectively should give rise to considerable doubt.
I hope that the quieter ones, those apparently fearful of entering the fray, are at least learning something from the discussion. I hope, too, that they also take into consideration the unusual attendance of the interventionists on a stock message board for an outfit such as SLW. Their incongruous outlook and epistemology seems misplaced in my opinion and it begs the question as to why they are even here. I say that because our maximum profitability is predicated on the failure of that which they promote.
Thanks Goldbug. I appreciate your comments as well as those of Moses and others who present well reasoned original thinking and analysis to the M/B. It is pretty obvious why our founders did not want the federal government involved in education as doing so only evolves into a system whereby critical reasoning is diminished in favor of rote regurgitation of the federal party line.
Alex Jones is a looney tune. Specifically, Yosemite Sam.
Is this the guy who told you that some of our freedoms were lost after 9/11? If so, you must have forgot them, since you can't report them.
Extreme views? Because his views are rooted in the US Constitution.
Obviously you don't believe in the rule of law. Without it there has been a long line of tyrants, that unfortunately you appear to feel is a better choice. When all must adhere to agreed upon laws, everyone benefits, except of course those like you who see the opportunity to operate outside those laws at the disadvantage of good people who are law-abiding.
Next time you post an answer avoid the name calling and state why your viewpoint is better. Your posts have absolutely zero content to support your opinions other than disparagement of others with wording that is only personal in nature.
As usual, the only content of your replies is to engage in name-calling. Where is your evidence that doing away with the gold standard has been a good thing?
Very good reply, Sandy. Notice that the m/b name-calling establishment isn't able to respond with anything other than thumbs down.
The problem with your views is that they are based on nothing beyond name calling. You have absolutely no facts to present to counter the statements you term "loony". That is you sole argument. You must think people are pretty stupid to buy into what you say.
Rand Paul’s extreme views and his willingness to appeal to the conspiracy-oriented base that took him to the Senate makes him destitute as a presidential candidate.
I cannot answer why the consequences for foolish management have not materialized to completion dhb39399, just that it takes time to spend down the wealth of the wealthiest nation on earth to the point that excess is no longer available and consumption must contract. I am thinking we have signs that we are at the cusp now, but who knows, the fed and government working in concert may be able to pull off additional delays, but I am doubting it. Why am I still waiting? I am waiting because I am convinced t is certainty.
WRT the consequences, many have already manifested themselves. There has been huge mis-allocation of capital blowing bubbles in many markets; for example stocks, bonds, real estate, automotive, etc. Below market interest rate fixing has decimated retired folks earning and discouraged savings, the required formation of capital for investment and growth. Diversion of capital from investment to consumption has contributed to the contraction in the economy as can be measured by the contraction in labor participation rates and increased dependence on the dole like a record 1 in 6 Americans on food stamps. there are more measures.
These are reasons I believe government and federal reserve mismanagement consequences have started, timing for the full blown realization is unknown to me, but I cannot believe it is far off.