if you think GLD is your safe haven, go find the $1900+ per ounce bagholders convention
I laugh in your faces
don't forget the margin calls on your paper tiger -DUPES!
$40 ? CVRR is barely holding onto $30 and that is with a strong overall stock market. What happens to CVRR when this stock market takes a down day breather ? Why hasn't the yield story been effectively broadcast ?
GLD is a paper tiger. I laugh as the e-margin calls go out to GLD dupes nearly every day at 1PM.
Birthplace of democracy, and still losing money since!
Hard to believe this thing was once nearly $70 per share, back in late 2007.
You are asking the right question, but the audience here is very thick. They wouldn't know a krugerrand from a corn cob. As for miners, the risk profile is huge. Why not buy gold coins ? I hear the pawn shops are much more open to ...bids...these days as their gold and silver inventory value tanks. LOL
CVRR is a highly misunderstood security. Sometimes the market is #$%$. Anyone heard of tornado damage to CVRR locations in Oklahoma ?
I feel like E. Burdon of The Animals; Oh Lord Please Don't Let Me Be Misunderstood!
CVRR is a misunderstood stock
yielding 20% and yet most services show zero yield,
and it's not a depleting trust like many of these oil and gas wise guys like to spin off
SD was a $60 stock in 2008, so here we are in 2013 and SD is in the $5s. Now the spin off trusts are following the same trajectory. Because the trusts aren't 'managed' they at least have a chance to recover IF natural gas prices go way up, which they won't because of massive horizontal supply in the US.
CVRR is up today, while VLO is down.
CVRR is the undiscovered high yield gem in the refinery biz.
If you look at a quote and don't see yield, look a little deeper because CVRR is paying large distributions now.
It's called same sector analysis. It's also called selling HIGH, to buy LOW. Yield figures for CVRR are in error on almost every finance site. Trust me, the yield for CVRR is not zero.
If we continue to populate this board with CVRR messages, the site may be obliged to open up a message board for CVRR.
Todays refinery score card;
My sense is that the decline in CVRR was an unusual event because of the CVI stake sale today.
Retail malls got a hand out from the US Senate when internet sales will now be taxed. Also, there are still juvenile people in this world who think dividends are a free lunch, with no corresponding price drop after the record date.