and most likely means the bottom is in the miners gain is much more than the metals gain but I have seen as recently as 2 days ago when hecla dropped big even though the price of gold and silver did not and the next day gold and silver tanked these crooks already knew it was going to happen ie manipulators..
In this case they are probably going to pop silver and gold tomorrow that if it follows the patterns I have seen many times..
look at SSRI CDE HL SIL PAAS SLW EXK all of them up on twice normal volume..
This can't be good news for shorts crazy enough to short at these ridiculous levels can it ?
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.
When everyone is scared be greedy (pm's)
when everyone is greedy be scared (stock market)
Also if you read stupid cramers st downgrade everything they said in the article was positive the headline could have read Hecla is upgraded to buy from neutral read the article and tell me I am wrong..
All I remember is when I bought at 1 in 2008 it went to 11 by 2011...
I believe firmly history will repeat itself...
He is putting out an article every couple of days saying hecla is sell despite this it continues to rise..
No one kicks a dead dog.....
Wait till it hits 10 per share he will then upgrade it
His reasons for the sell are also nonsense they could be upgrading it with the same reasons..
He or his clients could actually be accumulating it then later they upgrade it..
Besides all this he is always wrong a contrarian indicator..
I am glad I averaged down though anything under 5 will be looked at in the future as fantastic entry points IMO
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 !
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 !
Agree 100% pe is ridiculous for growth which is nil
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 !