Tesla (TSLA) (TSLA) - Tesla surprised Wall Street by posting an adjusted quarterly profit of two cents per share , compared to forecasts of a one cent per share loss. Revenue was well above estimates, but the automaker did cut its 2014 delivery guidance. Its earnings forecast for the current quarter is also well below Street estimates. Read More See CNBC's Market Insider Blog News Corp. (NWSA) (NWSA) -
Th ursday Nove mber 6, 2014 7:5 4 AM
(Kitc o News) - S ales of silver c oins have picked up sh arply as the price of prec ious metals dec ined, so much in fact that the U.S. Min t says it has run out of Ameri can Ea gle silver bul lion coins for now.
“This is to infor m you that due to the trem endous demand we have exp erienced in the last sev eral weeks, the U.S. Mint has temp orarily sold out of its American Eagle silver bullion coins,” the Mint said in a mem orandum to autho rized purch asers late Wednesday. “We contin ue to produce 2014-dated co ins and will advise you when add itional invent ory will be availa ble for s ale.”
Silver Coins Sales Surge As Prices Decline; U.S. Mint Runs Out Of Inventory
By Allen Sykora of Kitco News
Thursday November 6, 2014 7:54 AM
(Kitco News) - Sales of silver coins have picked up sharply as the price of precious metals declined, so much in fact that the U.S. Mint says it has run out of American Eagle silver bullion coins for now.
“This is to inform you that due to the tremendous demand we have experienced in the last several weeks, the U.S. Mint has temporarily sold out of its American Eagle silver bullion coins,” the Mint said in a memorandum to authorized purchasers late Wednesday. “We continue to produce 2014-dated coins and will advise you when additional inventory will be available for sale.”
I said Longs only !
If you see that hecla was able to virtually break even in this environment and you see the stock rise when all other miners are tanking see NEM GDX ABX etc then think about what will happen when this selloff ends and if
it does not end soon Many miners will be forced to shut down which will raise the price.
Hecla low cost produce will thrive in this environment and I don't see it lasting long anyway !
Companies ? Is this the way it works ?
how this works ?
he did help me get more shares at 2.18..
Thats what I have done and bought a ton of shares at 3 and below. It won't take much to see it pop to 5 then I will be reminding you that you should have done the same..
Silve r Eagle Sales Climb 87% Higher in Oct ober
Mon day Nove mber 03, 2014 11:40
Silver E agle sales for the month of Oc tober were the high est of the year at 5,790,000. This is up 40% versus Septe mber and a whoppi ng 87.5% versus Octob er of last year. With 38 mil lion Silver Eagl es sold thus far in 2014, the 2013 record of 42.7 million coins may very well be brok en.
Inve stors appear to be taking adva ntage of the dip in silver and depres sed paper prices. Sev eral dealers are now reporting that premiums are climbing rapid ly and the more popular silver coin s are out of stock and on backorder. Corner stone Bullion reported that:
De mand for physical metals (both coins and bars) has skyrocke ted in the last 24 hours, cau sing higher premi ums and delayed delivery on precious metals industry-wide.
The chart be low shows the wild roller co aster ride that silver has been on ov er the past 5 years. Notice that the price is currently testing support around the $15-$16 range, where it had prev iously dipped and co nsolidated in early 2010. Ana lysts are coming out of the woodwork fore cas ting silver in the single digits, but at some poin t the supply and dem and funda mentals are going to collide with the p aper prices. I have a feeling that we are witnes sing the capitul ation stage now.
this is the jet set this is you BA !!!
the axp customer ! this is you !
mcdonalds and coke and Gap and williams sonoma etc
it always goes up when bad news is announced !
any upside for the stock while downside is huge !
Smartest thing you could do is bail imo you won't but you will remember I told you this !