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Market Vectors Gold Miners ETF Message Board

jonredwards 26 posts  |  Last Activity: Aug 11, 2015 5:14 PM Member since: Jun 20, 2008
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  • Reply to

    Look at the gold chart....

    by angietheapple Aug 11, 2015 9:05 AM
    jonredwards jonredwards Aug 11, 2015 5:14 PM Flag

    Plus your analysis is 1000 percent based on the same exact last 4 year trend continuing as before and nothing more, my analysis is based on a new development of China which you are discounting as unimportant, only time will tell and time will have the final answer anyway....

    Sentiment: Strong Buy

  • Reply to

    Look at the gold chart....

    by angietheapple Aug 11, 2015 9:05 AM
    jonredwards jonredwards Aug 11, 2015 5:13 PM Flag

    And you don't have a crystal ball either you have no greater of a compelling reason to believe gold falls to 850 to 900 any more than me saying this is the bottom. None of us know till after the fact for certain unless your God which last I checked your not, heck I could be wrong and you be right but you know what, China tells me I'm not and that's good enough for me, fella...

    Sentiment: Strong Buy

  • Reply to

    Look at the gold chart....

    by angietheapple Aug 11, 2015 9:05 AM
    jonredwards jonredwards Aug 11, 2015 5:10 PM Flag

    China never acted before, dismiss all you want, I don't care youll become a believer when we hit 1,400 but when that occurs I don't even care anymore...And Peter Schiff is not wrong, just early, so what, he's still way smarter than you'll ever be....

    Sentiment: Strong Buy

  • Reply to

    Look at the gold chart....

    by angietheapple Aug 11, 2015 9:05 AM
    jonredwards jonredwards Aug 11, 2015 5:09 PM Flag

    Don't forget Europe too!!!

    Sentiment: Strong Buy

  • Reply to

    Look at the gold chart....

    by angietheapple Aug 11, 2015 9:05 AM
    jonredwards jonredwards Aug 11, 2015 5:08 PM Flag

    And I agree the Dollar will strengthen even more which guarantees the FED can't raise, don't you see that, the FED is not stupid to raise rates to send the dollar to the moon, cmon, even those bimbos know better than to be that stupid I'm sure, that's my point. The dollar and gold will rise, the best of both worlds....But gold will rise a heck of a lot more as we all know which one is cheaper, please....

    Sentiment: Strong Buy

  • Reply to

    Look at the gold chart....

    by angietheapple Aug 11, 2015 9:05 AM
    jonredwards jonredwards Aug 11, 2015 5:06 PM Flag

    Your right China didn't start the currency war but their gonna finish it and that's super super super bullish for Gold. Getting China involved is a total game changer that even the bears never foresaw and definitely don't understand the full ramifications for certain till it will be too late...

    Sentiment: Strong Buy

  • Reply to

    Look at the gold chart....

    by angietheapple Aug 11, 2015 9:05 AM
    jonredwards jonredwards Aug 11, 2015 4:49 PM Flag

    Correction, I agree with Angie, this is THE BOTTOM, thank you CHINA from last night is all I gotta say about that, research that and what China did last night that did a game changer for gold, "learspoker500" before you comment again... You do not fully understand the importance of China devaluation and what that implicates for the USA. The FED not only won't raise in September now, it gest better, they wont raise in October, December or even next year at all and maybe NEVER since China just started a world-wide currency war to the bottom that will finally wake up investors to the true reality that all PAPER CURRENCIES in the entire world including ours are completely worthless therefore Gold as the most valuable currency in the world will rise in value even with production by miners rising since Gold will be the only thing people will keep faith in as a storage of value anymore...

    Sentiment: Strong Buy

  • Reply to

    Letwin on BNN... below is the link

    by swchan22 Aug 6, 2015 5:16 PM
    jonredwards jonredwards Aug 7, 2015 4:15 PM Flag

    I disagree with your statement actually, this misleads people to think he hedged gold at 1,300 which I wish he did because if hedged the gold at 1,300 then it wouldn't have mattered about the oil hedge being a loser because the gold hedge gains of getting 1,300 locked in would way more than offset the loss on the oil hedges... I know what you meant but you didn't even bother to mention oil or if people knew oil would have a continued downfall too......

    Sentiment: Strong Buy

  • jonredwards jonredwards Aug 6, 2015 4:08 PM Flag

    Sorry sir don't totally feel as you do but heck what do
    I know I'm long a ton of shares too. I'm not worried and neither should you...

    Sentiment: Strong Buy

  • jonredwards jonredwards Aug 6, 2015 1:08 PM Flag

    Yes but IAG had the rally all the way to 3.39 and 3.44 in premarket all with these hedges already known fully I know that for certain. So no excuse Sir, you had some profits at that point in the low shares that you added to, you had too, so you have no excuse for blaming the decision on losing money on your investment. you could have bailed out completely in 3.30s and bought back here and you'd be doing so awesome you'd be as quiet as a mouse. I just don't want to hear bemoaning like a woman does all the time. Take your hit like a man and move on. Bashing them for it is never the answer. Maybe I'll lose all my investment here but so be it, fine, I'll only blame myself nobody else. Its my decision and I'm willing to live it do or die...

    Sentiment: Strong Buy

  • Reply to

    Good Conference Call IMO

    by uniowner Aug 6, 2015 9:46 AM
    jonredwards jonredwards Aug 6, 2015 12:56 PM Flag

    Great points, your one of the most sane posters

    Sentiment: Strong Buy

  • Reply to

    When commodity prices are at their bottoms,

    by bhawksfan1213 Aug 6, 2015 12:15 PM
    jonredwards jonredwards Aug 6, 2015 12:54 PM Flag

    Totally agree!!!

    Sentiment: Strong Buy

  • jonredwards jonredwards Aug 6, 2015 12:53 PM Flag

    Show me a smaller market cap company than IAG that is trading at a higher valuation than IAG, the smaller you are the more you deserve to be abused in my opinion because the biggest will die last, they have too...

    Sentiment: Strong Buy

  • jonredwards jonredwards Aug 6, 2015 12:51 PM Flag

    Listen I know all your points about KGC too, followed both the closest. But your forgetting one point about KGC that is in fact better than IAG which justifies KGC's higher valuation, KGC AISC's are much lower than IAG's and because of the higher market cap and higher revenues have more levers to pull to bring down their AISC's even further or better than IAG's not to mention easier access to additional debt if needed etc. Being a larger company has its advantages that you just can't ignore. There is a safety premium that is deserved for being larger and larger and larger than somebody else that you just can't ignore as valueless, sorry.....

    Sentiment: Strong Buy

  • jonredwards jonredwards Aug 6, 2015 12:47 PM Flag

    I agree hedging only 2015 would have been best or most prudent but you cant change the past so what good is it to keep bashing the guy for it, I wasn't a fan when I heard the news either but none of you complainers ever thought we'd see sub $50 dollar crude either including myself. And don't give me that #$%$ that you knew crude was a major short before it happened I won't believe you. The hedging might have worked if the bottom in crude didn't fall out and Saudia Arabia wasn't out to destroy the American crude industry players. Was the hedging a fiasco yes but move on, accept it, learn from it, and do better next time...That's all we can do at this point...Or sell your shares and move on if your so upset about it but stop the childish complaining, it gets old people...

    Sentiment: Strong Buy

  • jonredwards jonredwards Aug 6, 2015 12:43 PM Flag

    Finally a rational comment. Letwin does finally get it I do believe, its a shame it took him this long but you know the saying better later than never...

    Sentiment: Strong Buy

  • jonredwards jonredwards Aug 6, 2015 12:41 PM Flag

    Well your an idiot then, their hedges were in fact known back then by myself so that's your stupidity for not keeping a close eye on the inside goings on. This was public knowledge on the message boards if you had read them or kept track about November or December 2014 maybe even October but I know for sure I knew about this long before we hit 2015. And sorry, your complaining is completely misguided, focus on gold's price which really matters not the stupid hedges which I'm tired of hearing about...Plus I'm on your side, I'm a bull not a bear so give it up will ya....

    Sentiment: Strong Buy

  • jonredwards jonredwards Aug 6, 2015 10:14 AM Flag

    Yes, your right you don't need a CPA but if you have extra spare cash to deploy you can take advantage of this gift of cheap shares that you don't deserve because management was so stupid with oil hedging, don't get me wrong, it was disaster for sure but I'm not even sure the stock price trades any differently hedged or not. Open your eyes, look at KGC with no hedges their stock hardly trades at a higher stock price than IAG and they have fallen off just as much from similar high points as IAG as well. And if your really want to make out like a bandit here, then buy every dang cheap share you can under 1.50 lowering your average price immensely and get super rich that way on the easy ride back up...

    Sentiment: Strong Buy

  • jonredwards jonredwards Aug 6, 2015 9:54 AM Flag

    Its not 3 years people, the last year is half of the first two years so you can't say 3 years and be so melodramatic here, I get it your down a lot on your stock, so what, aren't we all, you just want to bash management for your poor decision to stick with the gold miner industry through a downturn in gold, that's not their fault but yours...

    Sentiment: Strong Buy

  • jonredwards jonredwards Aug 6, 2015 9:51 AM Flag

    2017 hedges are half of 2015 and 2016 levels so you can't talk about 12 quarters hedged, that;s garbage plus you already have 2 quarters over with so you really should say 10 quarters left and only 6 more that really matter since your going to see a benefit in 2017 unless Letwin is stupid enough to hedge more at high oil again somehow, granted wouldn't put it past him but you are exaggerating too much of the negative as well just to play Devil's advocate here...

    Sentiment: Strong Buy

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