To those who held on an shame on cramer and the short crooks !
Double revenue growth is huge and means profitability is much more easily achieved ! Cramer will eat his words !
I am so mad at what he and citron did their overhyped pharma stocks are good but these are not ?
has done this for over 15 years ! amazing but terrible for those who owned it...
I just saw something coming out of the street that was almost neutral
in a few weeks you may see Cramer Pumping this of course after he gets in !
those following the stock know far more than him !
I got snookered out of GREEN MOUNTAN COFFEE because of imbecile EINHORN he made me lose big then I sold at 30 then it went to 17 now over 100 so that is an example for you !
thats why I am holding it !
Look again at this and think what it means for hecla earnings going forward..
THIS IS LIGHTING AFIRE UNDER GOLD AND SILVER STILL SAYING THE BANKS WILL BE BAILED OUT !
AMAZING AFTER GIVING THEM TRILLIONS THEY ARE STILL READY TO PRINT MORE FOR THEM !
This is awesome news for HL as I knew they would do this waiting for big breakout !
Fed nominee Fischer: Easy policy still needed
WASHINGTON -- The Fed eral Re serve's easy mone tary policy stance is still needed given the high unempl oyment and the low infla tion rate, said Stanley Fischer, Pres ident Barack Obama's nom inee to be Fed vice chairman. In testim ony prepared for delivery to the Senate B anking Comm ittee on Thu rsday but released by the panel on Wed nesday, Fischer said the Fed has made signifi cant progress toward bo osting employ ment and retu rning to price stability but added that "norm alcy has not been restored." Fischer, the former gov ernor of Israel's central bank, a former No. 2 at the Intern ational Monetary Fund, and a top official at Citigroup, said the Fed must re main "ever-vigilant" in its surveilla nce of the stability of the finan cial institutions it regulates but also the financial system as a whole. In se parate remarks, Fed Gov. Jerome Powell, who has been nomi nated for a sec ond term, said the econom y was reco vering "une venly and at a frust ratingly slow pace."
Fed nominee Fischer: Easy policy still needed
By Greg Robb
WASHINGTON (MarketWatch) -- The Federal Reserve's easy monetary policy stance is still needed given the high unemployment and the low inflation rate, said Stanley Fischer, President Barack Obama's nominee to be Fed vice chairman. In testimony prepared for delivery to the Senate Banking Committee on Thursday but released by the panel on Wednesday, Fischer said the Fed has made significant progress toward boosting employment and returning to price stability but added that "normalcy has not been restored." Fischer, the former governor of Israel's central bank, a former No. 2 at the International Monetary Fund, and a top official at Citigroup, said the Fed must remain "ever-vigilant" in its surveillance of the stability of the financial institutions it regulates but also the financial system as a whole. In separate remarks, Fed Gov. Jerome Powell, who has been nominated for a second term, said the economy was recovering "unevenly and at a frustratingly slow pace." Obama's third nominee, former Treasury official Lael Brainard, said the Fed has to carefully calibrate policy to support the fragile the job market while keeping inflation expectations well anchored
(Kitco News) - Gold rose to its highest level in nearly six months Wednesday on the combination of geopolitical tensions surrounding Ukraine, worries about bond defaults in China and technically oriented buying.
As of 9:23 a.m. EDT, gold for April delivery was $17.90, or 1.3%, higher at $1,364.60 per ounce on the Comex division of the New York Mercantile Exchange. It peaked at $1,367.30 an ounce, its strongest level since Sept. 20. May silver was up 25 cents, or 1.2%, to $21.065 an ounce.
“I think what we’re having here is continued nervousness about…the EU (European Union) situation – where the fear of deflation is again taking hold – along with continued worries about the situation in Crimea and the Ukraine leading people into the gold market,” said Sterling Smith, futures specialist with Citi Institutional Client Group.
“Gold seems to be playing its alternative currency card here at the moment,” Smith continued. “We’re seeing most currencies generally steady to a little bit weaker. Gold is one of the few positive items we have out there.”
Gold has also drawn technically oriented buying, Smith said. The metal broke above last week’s $1,355 high and also took out the highs from late October just over $1,360 an ounce. Buy stops were hit, Smith said.
“It’s still coming on the back of the uncertainty in the global economy,” said Mike Dragosits, senior commodity strategist with TD Securities. “China has not been doing particularly well in terms of economic data. And, they had their first-ever corporate default (Chaori Solar Energy Science & Technology Co.) within the country and now there are rumors that there is a second one on the near horizon. I guess the question is – where does it go from here and how many more are we going to see?”
This is adding to the safe-haven bid for gold, he said.
“Then you also have the underlying story of the Russia-Ukraine situation,” Dragosits said. “It still has not gone away.”
Ukraine’s Crimea region has been overrun by Russia
RBC's Gero: Funds Returning To Long Comex Gold Positions
Wednesday March 12, 2014 12:29 PM
Comex gold remains higher late in the pit session as funds have re-entered the market as buyers, says George Gero, vice president and precious-metals strategist with RBC Capital Markets Global Futures. Buy stops were triggered. “Gold has been up as stocks stubbornly cling to near record highs,” Gero says. Thus, the metal is diverging from a frequent trend in the past when rising stocks stocks hurt gold and vice-versa. As of 12:22 p.m. EDT, April gold was up $20.50 to $1,367.20 an ounce and hit a $1,369 high that was its strongest level since September.
over 1.00 per oz as the next confirmation of the bull...
still STEIND is in DENIAL !!!!!!!!!!!!!
so they bashed and scared people then bought the shares !