The quarterly dividend of $0.065 will be paid on April 11, 2013. Visit the Yamana website. Some of us are beginning to wonder about these PM mine executives as to why they do not provide the option of a payout in gold or silver.
It was learned today that William Boyce Thompson, founder of Newmont Mines, was also head of the Federal Reserve Bank of NY during and after the Wilson Administration. Thompson was also involved in backing the Bolshevik Revolution in Russia, which led to Communism there. Those are very suspicious connections when it comes to PM mining executives. This information comes from Wikipedia. It sure seems that in order to extricate ourselves from the control freaks of the world that the only alternative is the physical variety (farmland, PMs and distancing ourselves from their reach.
The news media keeps pumping the story of job growth. Keep tuned for the inevitable upward revision of the unemployment numbers as the average investor gets fleeced in the next downturn mere weeks away whilst the PM sector has a marked upward turn-around in share prices. As the saying goes, “You can fool some of the people all of the time, and all of the people some of the time, but you can not fool all of the people all of the time.” (Don’t listen to Bubba Bush. He got it wrong.)