of the miners as I have said many times. The fed as I predicted have come out to prop the markets with statements like we should have to raise interest rates in 2015 at all and we need more growth etc.
Silver is a fantastic bargain bit won't stay much longer at this level IMO.
I am still shocked you can get a 1 oz silver eagle for less than 20 bucks a real steal.
I have been grateful for this massacre of hl and silver that has given me time to accumulate more and therefore maximize the future gains. I am quite certain that in a few years people will look back on this time and wish they had bought HL and I Also like PSLV for those who don't want to pay the silver premiums of buying and selling.
Hecla is going up and so much more to go .
Go to headlines and find the link "THIRD QUARTER 10Q for HECLA Mining"
Then click on that link and scroll down to the 65 page presentation showing Hecla reserves mines pictures of the new mine shaft etc a must see for all longs and shorts !
1. Balance of Gold and Silver
2. Massive Increases in Reserves
3. Increases in Production
4. Major mines in North America only
5. Low cost of production
6. Low debt
7. Cash reserves
8. New Major shaft coming in 18 months
what a moron unless he is buying shares in preparation for an upgrade which you head it here first !
I will reference this post when he upgrades hecla !
in common ! Walmart hugely overpriced for slowing spending by middle and lower middle class who are tapped out !
hard to understand about this ?
You got yours don't you ?
Buying another one soon ?
Yes a small number will as their plans expire but much less than the past few quarters which is why 99 is coming...
Tiffany warned huge they are the top 2% who spend about 10% of the retail spending and Sandisk is a bellweather for all electronics pc's phones etc and indicates retail sales were slow and wil be slower in the next quarter (look I dare you (TIF SNDK) at the magnitude of the warnings..
Now this will cause the fed to swing into action as they already have been gold and silver will rise huge in the coming days as this sinks in. It is hard to predict a daily price but I am confident that we will see much higher levels this week.. Lets see If I am right !
SS good luck to you !
If there is one thing I have learned is that all the fundamentals and logic in the world will not move a stock until the big boys buy it and it has taken years to get to the point where they see the market is topped and risk is increasing and this stock along with the other miners are tremendous bargains at this point.
few weeks and especially past few days was an early signal for the metals rebound.
Lets see if we can touch 3.30 today !
They are either IMBECILES or they are CROOKS !
And in any event you should not pay attention to what they say because they are always wrong !
This is not trading according to current earnings though I think HL may suprise with a small profit.
It is trading on anticipated sharply higher gold and silver prices later this year and being the number 1 silver producer in North America as well as significant gold producer with low debt and growing production and reserves is why it is going up higher lows higher highs with good volume...
add that to fed x miss and mcdonalds disaster all bellweathers does not bode well for overpriced walmart do you disagree ?
but China Europe Japan etc are slowing down huge and in US consumers are tapped out and those that have any money going to target !
1 more thing about this company is that it's market cap of 1.15 billion. This means you could buy the entire company for 1.15 billion thats important as it indicates valuation.
FOr example Newmont mining as much as it has fallen has a market cap of 10 billion. Many dow stocks like msft xom sell for hundreds of billions
Yelp has a 4 billion market cap and trip advisor has 10 billion market cap !
Surely the largest silver producer in north america is worth 5 billion I think it is and will move to the high teens in the next 24 months..
Typo: The fed as I predicted have come out to prop the markets with statements like we should NOT have to raise interest rates in 2015 at all and we need more growth etc
One more tidbit if this market does not show a gain this week it is a negative indicator for the year so that would be very good for gold and silver and in addition I see retailers starting to warn and miss like wd-40 and today bed bath and beyond tanking this indicates slowing economy more stimulus coming soon lol !
REvenues will be down 30% or more next quarter then the stock will tank !
glta especially SS !!
do you disagree ?