anomalies...divergence from center of normal curve...outliers...Rick Rule's lows...geochemical highs...
belts parallel to Carlin or Cortez...maybe Walker Lane?...where the herd isn't...contrarian...
ya' might perish not running in the stampede...or you might perish running with the stampede...
interesting commentary the Mercenary Geologist this week...worthy of listen...
Coeur has deliberately strayed onto thin ice...if global precious meltdown persists...
real question is...just how BIG are humans...their leaders...EGOS---BIG...reality...well...we'll see...
where ya' want to be?
which trail ya' want to take? you make the decision...YOU are THE CAPTAIN...
where it pops up to plus 200 million in 2017, but in 2015 and 2016 IF metals stay this low it will have coeur on very thin ice-the pzg deal must go through---
jeff...gosh...they don't like "richard" shortened nor some other initials...good move...
the gatekeepers...censormatic...ah ha...
vcar...hope you are on board...friedland's train...
#$%$...nicely timed move of some capital...your project needs the cycle change...that's all....IMO...
"the good times are a coming..."
cycles happen...but...timing is everything...
haven't even looked at a chart,just watching silver because if it stays this low,it may force the sale of coeur capital istead of a spinoff-did anybody notice the extension on loan to paramount sleeper spinoff from one year to five.The addition of preciosa 3%nsr and now corrensa and el gallo expansion-what a waste if have to sell in down market when it is profitable with little effort or expense
Not sure I buy this, but we still might be talking a LOT of additional gold demand.
The Apple Watch Edition might be Apple’s most unusual product in years. Questions abound about the 18-karat gold smartwatch. How much will it cost? Will Apple offer an upgrade path for it?
But I have a broader question: how will it affect the world’s gold supply?
The Wall Street Journal has reported that Apple plans to ramp up production of the Apple Watch Edition to over 1 million units per month in its second quarter of production. That’s an unbelievable number of gold watches, especially considering that they could cost as much as $10,000 each. Could this number be realistic?
For the sake of argument, let’s assume that each Apple Watch Edition contains 2 troy ounces of gold (Apple Spotlight estimates 50–75 grams in the Apple Watch Edition; 2 troy ounces equals 62.2 grams). Now, 18-karat gold is only 75 percent pure, because pure gold is too soft for everyday use, but for easier math, let’s also assume that 75 percent still uses 2 troy ounces of gold. (Even if Apple uses only 1 troy ounce, halving all the numbers below, they’re still huge.)
If Apple makes 1 million Apple Watch Edition units every month, that equals 24 million troy ounces of gold used per year, or roughly 746 metric tons.
That’s enough gold to make even a Bond villain blush, but just how much is it? About 2,500 metric tons of gold are mined per year. If Apple uses 746 metric tons every year, we’re talking about 30 percent of the world’s annual gold production.
this freak will not quit putting out false signals, i.e. it is the devil's work. there is no rule of law in the markets, but we can stand up as individuals and help each other. God Bless.
NOT suggesting others should trade OR take any particular position (long or short of some exotic or non-exotic options trade).
ONLY commenting some of the technical gurus pointing out gold chart is weak to negative (despite upmoves in MINERS THEMSELVER, which are bulish in at least SOME CASES). I posted that RIC will likely not test lows again after having tripled...now pulling back some from highs. So money can be made even as gold itself is bearish to unclear technically.
CDE double from low 3's to low 7's. Also very worthwhile. SHOULD everyone sell? NOT a rec to buy/sell/hold...only a comment about my take on the overall movements in some precious metals stocks and in gold/silver/platinum/palladium. Dang! Platinum retested lows also. Palladium i up some from lows as are PAL and SWC. NOT A REC for those either. In my own case, I don't have the luxury of holding all positions long term, so I hold tiny 'nuggets' of some miners, biotechs, energies, alternative energies, some niche stocks (or other sectors/country stocks) and attempt to trade 'around' them. My goal is to have some long term multi-baggers, as they say, while also generating cash to be available for family needs.
Peace n Agape!
CDE did bounce from 4.29 to 4.75. Hammerly candle on weekly (tho not an official hammer, in some cases) on many miners and junior miners.
MIGHT be more upmove in this bounce, tho NOT A CONFIRMED REVERSAL FOR GOLD. Inf fact, gold chart is still weak (bearish) overall UNTIL a clear reversal occurs.
Note how the confuser/ditorter/basher/smear brigade was active all the way DOWN and especially at the 3's (when they were covering).
I was one of the few posters who mentioned the RETEST OF AN EXTREME LOW from years ago for CDE...usually an area for at least a potential bounce and sometimes for a reversal. Several bullish posts then appeared, some with new names...possibly even the shorts now gone long, or also some traders overserving an opportunity.
After CDE had tested 7's, I posted it was 'normal' and typical to sell or at least take partial profits after a stock has doubled (or even before that, depending upon all conditions). That is especially true for a stock that is KNOWN to be somewhat speculative due to any factors (here, management tendancy to dilute, along with volatility in gold/silver and overall bearish charts for precious metals).
Some of the distorter/confuser/basher/smear brigade appeared AGAIN as CDE was pulling back from 7's. I'm not criticizing ordinary shorts who see an overbought (or termporarily overbought) stock and observe a way to make money for their families (tho I do NOT short miners, personally). I'm pointing out that there are some who personally attack edmundaronson, geomessnger, me (vcaritas) and several others who attempt to post useful information on gold and silver message boards. In my own case, It's 'attempt' since I'm not a guru in precious metals, NOR am I in technical analysis. My goal is simply to alert others that one can not rely on ANY message board poster (whether critical or praising the stock), NOR on analysts, nor on the media. Independing thinking and including technical analysis is worthhile
Peace n Agape