Poor soul... you shouldn't own precious metal miners .. AT ALL. Surprising that one who seems not to have the stomach for silver stocks wants to fly turbine stocks. Curious.
True, if Progressive Liberals don't want you to use silver.. they'll ban it! You've got to learn to be content with paying more.. for less.
Shaky technical s will attempt to usher December price retests and I continue to look for gold to show us the line in the sand. I'm adding physicals and some smaller high value miners with an eye to future m/a candidates and for longer term development. Eying Nevson Resources at these levels as a diversifying holding. No question .. manipulation is the player in ALL asset classes. I do see an end to it.. and I believe it will become 'bloody' prior to any lasting change.
Sakhaneft, High-Yo-Silver, AWAY! Crude seems to be gumming up many commodity centric markets but I strongly suspect that now that the entire world has bought shorts, sold longs, bought puts... sold calls... it's gonna run like a scalded ape and we seem poised to benefit from that action. dcp
Packy, I do remember something about slavery.. only it was just last week that slave girls and boys where buried-alive by Islamic State In Syria Levant.. OR.. am I wrong?? Curious how liberals attempt to swarm to the aid of the indefensible. Actually, I find it sad how drowning drowning souls climb each others shoulders as the last victims disappear 'neath the waves. I'm buying silver. Don't know 'bout you. Really!
Formore9.. if you can't think of Obama-care for 30 million more.. not costing 'one-dime-more' or free college tuition.. and other goodies.. then, I guess the point is wasted on the fact that, "It is easier to fool the people than to convince them that they've been fooled!".. Mark Twain
Seems that with his soaring ratings and popularity.. Obama can do and get nearly anything he wants as long as he promises 'Free Stuff'.. nothing special about it.. and American voters don't seem hep to the ruse! I think the folks deserve exactly what they get. I'm buying silver.. coins and paper (PAAS)
Immutable law of nature: CDE is supposed to be higher! I suspect the law of supply and demand is mucking about.. somewhere.
I sincerely do not doubt the mid-to-long term prospects for Pan American Silver but to avoid a another retest of December lows.. I'm look'n for a stronger close!
Ride 'Em Cowboy! I do like the movement in Silver and the targets have pointed the way for this market.. both up.. and down.. Trend has changed, so I think the skill will be in picking low(s) and selling fast moves to the upside. This pull-back seemed to be pretty much 'on Que' so picking a buck or so off the highs of the past three days seems like a gift. Happy New Year!
the conclusion remains: central banks have as a group lost credibility and when the ECB (Euro Bank) starts QE this week the beginning of the end for central banks is completed. They are running out of time – that’s the real real bottom line: the SNB (Swiss Bank) ran out of time, the ECB will run out of time this week, and the Fed, Bank of Japan and the Bank of England ran out of time in 2014.
so that short term targets are penetrated and the retest of lower-lows can be plumbed.. I believe this is all good for this mining concern's shares to more firmly establish a renewed up-trend. Silver bullion ticked just below $19 yesterday and we may see a double bump.. but that likelihood may be a bit dubious . jmho
Raymond James Siler Investor Day
File Format: PDF/Adobe Acrobat
Oct 30, 2014 ... THE COMPANY HAS ADOPTED THE REPORTING OF AISCSOS AS A MEASURE OF A SILVER MINING COMPANY'S CONSOLIDATED ...
Gold is rising against a host of currencies. The initial rush everywhere has been into US$. But when gold starts rising in US$ even as the US$ continues to rise against other currencies it is a sign that there are potentially deeper problems brewing. There are few predicting that the oil price collapse might not have negative repercussions for the global economy. The same can be said about falling commodity prices and falling currencies. What needs to be understood is that all of this is suggesting that something is deeply amiss and currencies and by extension the central banks and governments are not being trusted. With gold now rising in US$ terms as well it could be the final nail. Dave Chapman
Indicators say silver has to put on some steam to keep moving .. This hurdle seems important.
http://www.kitco.com/news/video/show/On-The-Spot/875/2015-01-14/Gold-Should-Be-At-$2000-An-Ounce---Gerald-Celente Here's the best analysis I've found that isn't snarky.
The Biggest Risk is an Interruption of the Funding of Greek Banks by The ECB.
THIS MEANS BANK HOLIDAY in GREEK!
Pressing as the government refinancing schedule may look on the surface, it is unlikely to become a real issue as long as the ECB stands behind the Greek banking system. . . . but ECB is balking about sending another 325 billion Euros to keep Greeks floating in a leaking boat.
But herein lies the main risk for Greece. The economy needs the only lender of last resort to the banking system to maintain ample provision of liquidity. And this is not just because banks may require resources to help reduce future refinancing risks for the sovereign. But also because banks are already reliant on government issued or government guaranteed securities to maintain the current levels of liquidity constant. . . .
In the event of a severe Greek government clash with international lenders, interruption of liquidity provision to Greek banks by the ECB could potentially even lead to a Cyprus-style prolonged “bank holiday”. And market fears for potential Euro-exit risks could rise at that point. [Emphasis added.]
Sakhaneft, happy to hear that your analysis confirms our suspicions. Good luck to us, all! I am betting that YOUR SOVEREIGN GOVERNMENTS will screw up currency markets.. BIG TIME!! Don't like it.. but it's inevitable. THEY'VE GOT TO GET THEIR HANDS ON YOUR IRA and ALL OF YOUR SAVINGS.. no other way out for them.. it's gotta come from somewhere!
I WILL SAY... SOMETHING DID!!
As Crude Oil slips in price, Rig counts are beginning to drop in US oil fields, and large layoffs are likely coming, yet the government continues to boast that more restaurant jobs are being created. Clearly, America is in no condition to endure an economic downturn, yet a downturn is coming, almost as surely as night follows day. NOT IF but When the next crisis unfolds, I expect the Fed to quietly ask the Chinese central bank to revalue gold, by announcing a major gold buy program. This would allow China’s currency to become a competitor with the dollar.
Equally importantly, it would allow the Fed to hide the key role that a higher gold price would play, in managing US government debt that is clearly out of control. The price of oil has arrived at my short term $49 target area. I think oil may trade under $30. Interest Rate hikes and a peak in the US business cycle could keep it there for a long time, which is fabulous news for gold mining companies.
(Read Production Costs Drop for Gold Mining) Investors who stare at charts and just trade gold rather than embrace it as the ultimate asset, are likely to fail miserably, in the long term. That’s because charts don’t make fundamentals. Fundamentals make charts. Western gold bears and their ridiculous chart patterns are no match for the “shock and awe” power of a billion Hindus, whose thirst for gold (jewelry) is insatiable!
As for silver, there is a nice buy signal in play on Stochastics oscillator charts. The bull channel is steeper than the gold channel, and that’s normal. Silver tends to rise more strongly than gold does, when both are in an uptrend. Bullion expert Koos Jansen has apparently reported that silver trading volume on the Shanghai market exceeded that on the COMEX in 2014. I’ve predicted that gold will meet the same “fabulous fate” by 2017. Jan 6, Stewart Thomson