You are so right !
Barons the worst whatever they say do the opposite.
I think they say to buy stocks so they can sell them to you and vice versa.
"I don't buy gold, I own it... I buy it for what it does.. not what the price is" begins Grant Williams in this fascinating (and brief) interview as he explains the clock is clearly ticking on the dollar. History says that paper-based currencies will eventually fail.
It has now been 45 years since the US dollar became a completely paper-based currency. Gold, on the other hand, has been a preferred medium of global exchange for over 5,000 years. That makes gold the ultimate hedge against monetary collapse. Despite its long-term record of stability, gold as an asset class still makes up less than 1% of the average investment portfolio. Negative sentiment from the public and media is a key reason why gold continues to be under owned and mispriced.
As Grant Williams explained in the following interview with Mauldin Economics’ Jonathan Roth, “Every day, the picture is becoming more and more discernible It is not quite clear as yet, but it is getting there. The credibility of central bankers is slowly fading away.”
Things will go bad when the general public finally realizes that global central bankers have lost control. When this happens, we will end up with either a sharp breakdown in financial markets or a slow-rolling panic. Either way, the price of gold will soar.
Another cramer top pick !
this seems to be bad news for msft is it ?
Micron Technology, Inc. (MU) -NasdaqGS
12.50 Down 1.26(9.16%) 4:00PM EDT
this can't be good news for intel can it ?
I guess it won't do anything on MONDAY as MONDAY is INDEPENDENCE DAY !
and INDEPENDENCE From THE EU has certainly not hurt gold and silver prices !
so happy 4th to everyone even SS and Shulman Knows but not to Rastus as he appears to not know what day it is...
You are only proving my point that is the fed induced bubble market has inflated stocks to ridiculous levels with 4.5 trillion in stimulus while temporarily crushing gold silver and miners. They actually did me a big favor enabling me to acquire a considerable amount of shares by averaging down as you imply many more than I could have ordinarily.
Now astute investors would realize the tide has turned faith in central banks is waning and most stocks like SBUX are hugely overpriced for their earnings and revenue growth sans more trillions in fed stimulus and backstopping. Gold and Silver are now exerting themselves and will continue their ascent to new highs. You won't listen to what I am saying but you will remember I told you this and you could have greatly increased your wealth instead of decreasing it if you listened objectively to what I am saying.
Gold is 1341 per oz as I write this and silver is 19.68 per oz, hecla is 5.44 per shareand starbucks is 56.99 on July ,1 2016
I will reference this post in a few weeks to prove to you I know what I am talking about...
I told you riding the bull is tough but those that sold at 5.29 and 5.30 are now behind...
Will hecla pull back on Monday ?
Possible but don;t bet on it !
The Bull makes the most people wrong !
Sophisticated screening software applications look at stocks that are moving like Hecla and this brings in more buying interest.
The rising prices for gold and silver support the rising stock price so Next week will be very interesting..
I told you this would happen months ago !
now you see I know what I am talking about !
Were you snookered ?
Did you listen to Goldman ?
Did you know they called you a muppet ?
Hecla Mining Co. (HL) -NYSE 5.45 Up 0.36(6.96%) 3:48PM EDT - Nasdaq Real Time Price
did anyone buy any Hecla anyone ?
Just curious as you are going to be the ones who eventually power gold thru 2000 and silver thru 50 the fact NO ONE is in is a contrarian indicator that measures how much POTENTIAL buyers are NOT YET IN but many will be as they see the erosion of their wealth thru falling dollar inflation and stock losses...
Silver for less than 20.00 per ounce right now ?
that is another reason to know there is HUGE upside here !
3 lbs of Hamburger or 1 cheap bottle of wine or 2 lbs of steak for 1 oz of pure silver ?
upside is HUGE downside is extremely low !
gone in the first place. It NEVER should have been below 5.00 imo considering the massive increase in reserves and production and addition to significant gold production.
Now many think it;s expensive but it has just crosses the 2 billion dollar market cap level peanuts to the hundreds of stocks with over 10 billions market cap stocks.
Starbucks is 83 billion to take 1 example.
is the largest silver miner in the US not worth at least 6 or 8 or 10 billion eventually ?
that is 10 15 or 20 dollars per share ?
Yes especially in a world where people are slowly realizing that they may actually lose money in their investments and debts may not be paid back the stock market is topped and gold and silver are rising as they have no COUNTER PARTY risk. Ambac just lost several hundred millions insuring the bonds of Puerto Rico and this time the fed is not backstopping them !
Heclas assets in the US and Canada will become increasingly valuable. If Donald Trump gets in an hurst relations with Mexico they will embargo silver to US and Mexico is the largest silver produce while US is the largest consumer in the world. What company do you want to own in this scenario ?
Am I temped to sell on big moves like todays yes as there will be pullbacks but it seems that we have reached a tipping point where enough wealthy is deciding to insure themselves with gold and silver as where else would you invest the US dollar ? stocks ?
So I would encourage you to buy any tips and hold do not sell and you will be greatly rewarded with hecla mining...
people are just starting to realize the new world where the fed does not step and and cover all debts it;s really the way it's supposed to work but was distorted for a decade by fed meddling with the markets !
Wait till a huge amount of paper money moves to gold and silver this has just started !
My Hecla is exploding today !
It's inning 2 of a 9 inning game people
silver is still dirt cheap at under 20.00 per oz !
3 lbs of hamburg 2 lbs of steak 1 bottole of cheap wine for 1 troy oz of silver it;s still dirt cheap
50.00/oz is coming !
I told you this would happen....
See story in coinflation site
Finally it's clear
Storms in an Unstoppable Rally
Commodity Trade Mantra
"After a painful downtrend, silver has embarked on an unstoppable rally. Now that its 5-year bear market is officially over, silver’s ready to make a run at $20 for the first time in nearly two years. That means double-digits gains are in the cards for one of your best performing silver mining trades. I’ll reveal all the details in just minute. But first, let’s take a quick look at how precious metals have quickly become one of the best trades of the year…"
Most things I say will come to pass I underestimated how much support the fed would give to prop the markets and the naivity of the people who made so much to lock in gains but when the next several quarters earnings and revenues are announced you will see again I know what I am talking about
you coul dhave made 5% just today if you had listened to me yesterday....
Hecla Mining Co. (HL) -NYSE 5.35 Up 0.25(4.90%) 10:32AM EDT