When the CEO ran Goldcorp, there was a 10% holdback for reserve. The gold and silver is like cash in the bank. If you don't need the cash right now why sell it? If you believe that the prices of gold and silver will trend up in the future. If a major acquisition comes along you can always negoticate with gold and silver instead of cash. There is no tax that I know of on the material till you sell it. Remember we are mining money.
GOLD AND SILVER IS MONEY ANYWHERE IN THE WORLD!
Tomorrow should be a great buying day for China, India and Russia thanks to the #$%$ sellers and shorters!
FED will continue to print like there is NO tomorrow! They have too!
Sentiment: Strong Buy
I am also for every other day of the week!
Sentiment: Strong Buy
Deutsche Bank should Downgrade Deutsche Bank
Sentiment: Strong Buy
A Societe Generale global strategist raised a lot of eyebrows Thursday morning after releasing a report saying that he expects gold to hit $10,000 an ounce, the S&P 500 Index to bottom at 450 and 10-year yields to fall below 1%.
Sentiment: Strong Buy
They are losing money on their short positions as the thought they were on the right side of the trade.
Trying to talk down the share price with a downgrade. I don't listen to any of them as they know as much as you and I.
Sentiment: Strong Buy
The mining companies have the gold in the ground. They can sell it for the shareholders for whatever currency is of value at the time of sale!
Your gains are chump change. Little here little there! Woopee I made a few dollars.
Sentiment: Strong Buy
I heard the same thing was happening in other areas. Cash not Gold.
You are right in calling them idiots! Guess they can't see a profitable company when they see one. They must not be able to add and subtract.
The idiots are the ones who buy this stock on margin and have to sell when the call comes in.
If any stock should be in your core this is one!
Sentiment: Strong Buy
DO you have any idea how much paper Gold is going to be called for delivery!
China and Russia could call the gold any day now. Where are the seallers of the paper gold going to come up with the gold to satisfy the contracts? Only one place the open market.
You are 100% Correct. The people who buy on margin are the problem. They are the worry worts!
Reserves will continue to increase into the future. Yea the rocks will tumble into the crushers to make MUX shareholders happy!
Patience is the key!
Sentiment: Strong Buy
Gold, Silver Copper Oil Gas every commodity will be going up from here is slow steps. Patience is our friend.
World Debt is everyone's enemy, but the values of everyone's money is being devalued and real assets increase in value. Inflation is a way for the banks and governments to reduce the debt. NO Banker going to Prison for their bad decisions. I would make every banker and his family pay for the decisions they made.
GREED has to pay!
Hey dippy, Don't you know how to do MATH?
Shorting a HI profit stock like SLW is like putting yourself in the GRAVE !
Lets SCREW this shorter BIG Time
Disappoint me man , Disappoint ne. LOL
Why would anyone buy DSX with NO dividend when for a few dollars more you get NMM with a nice dividend?
Keystone or No Keystone the oil will be shipped by Rail
Cyprus just cut everyones savings by 9.9% to receive the
Russians are really #$%$ as 80% of the savings beklong to the Russians