Harry Dent claims gold to go down on deflationary reasons I say that gold is kept artificially down with paper manipulation tricks,I hope this can be stopped but is still going on after 3 years and will continue untill the manipulators change direction.
When you ask that kink of question on this board you are just conjuring up the morons that don't hold any stock but have an abundance of advice for those that do. Don't feed the morons. IMHO, None of us know the future for the price of pm's but stock in CDE holds a better chance of some return than continuing to hold PZG. The return will be slow to materialize, if at all. If you can take the loss from selling PZG and get into something profitable, why not? Sell some PZG now; hold some CDE is another option. Don't look for advice on any message board is my response to you.
Can somebody explain to me how CDE bought all the shares of PZG at 0.2016 shares of PZG for each share of CDE and at the same time the 10 MM $ CDE is going to give PZG have a relative value of 4.9% of the Spinco. With this numbers Spinch will have a teoric value of 204 MM $....????
CDE at $6.50 -$7.00 even higher is possible in a few months , this long term dissaster investment company is ready for a bounce because management is doing some good things to reverse direction,if silver doesn't collapse in the near futur,probably early PZG investors could take back their invested money trough this bargain joke deal before hell breaks lose when the general fiat bubble explodes in late summer 2015,after then CDE could plunge to $1/share and finally time to step in for a 10- or even 20 bagger bounce.
Gold is not going to $1500 soon,I dont think it will be in2015,I rather think it goes to $1000 before bouncing to $1150 and then goes lower in 2016 to probably $750,because the manipulators will keep succeding holding gold from outbreaking,the gold futur market is a scam and gold and silver are artificially kept low and will go lower as long the USD keeps rising,once the USD collapses that will be the time to go for gold,unless a black swan event occurs earlier. This doesn't mean that gold/silver company shares will keep falling,if the cost of mining falls back a lot with reduced oil prices a probability,we could see a decoupling from the bullion price. More than 10 years ago most miners were profitable at less than $500/ounce gold now most make losses at $1200,I think management of many of these companies is very poor and many overbought in acquisitions when gold was rising;I think this is going to change now, they make take -overs at bargain prices as CDE goes for PZG Mexican properties for one tenth of the assumed value of 3 years ago,with gold probably going to $5000 or more in a few years a huge bargain ,but not yet for now to deliver huge profits.
Demand for gold is apparently not ruling the gold price ,but rather manipulation does for now untill it stops and that is not yet to happen I guess.
If you bought a few years ago ,I guess you're quiet under water now,with the take -over by CDE I think its worth to wait a while untill at least you can take back your invested money. CDE is an horrible longterm investment dissaster but now could break out if at least silver doesn't collapse again , I think it will but first we could see a nice bounce, I think gold and silver will correct further later next year togheter with a massive general market crash in august/ september. If things evolve the way I assume ,wait to sell untill next summer,if the shares are not higher by then get rid of them and any other shares because probably the thin air fiat induced bubble is going to explode and could bring down the markets at least 50% and even the dirt cheap gold silver stocks will go half once more. There will be fluctuations and if PZG shares go much lower the next few weeks, buy more to avarage down your share price.
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Speaking for the clueless clan on the board I can only say to brown tim "FAH-Q" Sound it out. You will get it after the 4th or 5th time.
Hope is not a strategy. Neither is stupidity. Unfortunately, it appears you are not lacking in either dept.
The contributors at SilverDoctors make some good points for end of year upturn in price.
Donald Trump touting gold in a new series on the National Geographic Channel this weekend.
China and India importing the current annual global production by themselves.
Countries wanting their gold back.
National currencies being expanded for growth purposes.
It is all coming together for a gold rally
If gold jumps as they expect then CDE at $20+ and PZG at $4+ overnight.
And they say hope is not a strategy.
CDE will have a of $6.50 - $7.00 and PZG will be trading at $1.35 at the time this deal is closed? Do you have a talking Genie in your pocket?
PZG is exactly 0.02016 X CDE = $1.01 with CDE at $5.09... so that yields ZERO value for Sleeper potential.
In truth, Sleeper is not a great property at PoG near $1196 / oz ..However, I would expect that when the deal closes in April-May 2015 and Paramount Nevada is spun out to shareholders that we will see trading around 25 cents (assumes $10M in cash in the treasury and some positive PRs have been released in the prior 2 months). Now CDE will be $6.50 to $7 so PZG stock will be $1.35 for total value around $1.60. Most folks will still be under water, of course, but if you averaged down well under $1 , then not too shabby.