forget the gold and keep buying silver heres why. Silver gets consumed
and estimates of $20 To $25 an ounce to mine makes it a better buy. Silver prices will rise above mining cost as they have always done in the past. Gold is a different story since we have already mined more than we will consume for 200 years.
It confirsms that Caesars has found a way to change the rules and put equity holders ahead of Bond holders. This is what I have been saying and this is the reason the stock has skyrocketed
am am talking about what happens on a day to day basis,obviously only a currency collapse could cause a gold quadrupling.In reality the gold price chops. there are cost associated with running a 3x, interest, overnight insurance to protect against moves greater than 33% (a move greater than this would give the product negative equity if it happened when there was no market access) you can get a feel for the costs by multiplying the values of NUGT and DUST together at the end of each fridayou will see that it goes down every week regardless of the price of gold
because nugt gets adjusted daily thus a 100$move in the base could result in a 500% increase in the 3x derivative. . look at it this way if GDX doubled two days in a row nugt would go up 800%.( tripling two days in a row 3x 3x )
the company had $40,000 in cash and two employees. the thermometers are just $15.00 Harbor freight Infrared devices that have a overlabel . I repeat two employees and no cash
I guess there was a way to keep the titanic from sinking. The market can't be this dumb, they are actually going to dilute the Junior bond holders by 80% and keep the shareholders whole. This is the first time in history a company has ever pulled this off. We are in a new world
yes, they want to give the junior bondholders 20 cents on the dollar and leave the shareholder whole. That has never happened ever in the history of bankruptcies yet czr shareholders think its going to be different this time
your probably selling something that is trying to compete with china seller item. you cant do that anymore you need unique items or rare items found at garage sales
they are probably in Macau buying $50,000 #$%$ on the money they made from shareholders
Theres might not be much wrong with the books. the books indicate a negative value of $30 a share for all the components. What's wrong is the belief that caesars can created negative equity subsidiaries and bankrupt them while letting the positive equity components flourish. The law simply wont allow it and this is why CZR will go to $0.00
it doesn't mater, we are in the fantasy casino business. People who buy casino stocks are the same people that throw their money away in casinos. It doesn't mater that you will go broke in the end. It's the action that maters
everytime you go to these places you get malware on your computer and you are feeding the spammers.
I dont understand why yahoo doesn't run a search and query to stop the spam
the writer acknowledges that the current CZR holders are getting nothing. Its the new shareholders that will prosper
Maybe Julius Caesar will rise from the dead and come and buy $225 million in chips in Vegas