think GE is industrial...
No wonder bernstein ugrades so they can get out...
I saw bernstein upgrade the week before dell reported terrible earnings just do your dd
will never end...
is not sustainable they can't do it again so if revenue does not grow this stock is hugely overvalued..
Silver investor and industrial consumption rose in the first half of 2014, according to the Silver Institute, an industry group.
Exchanged-traded fund holdings of physical silver rose by 7 million ounces through June, the Silver Institute said Thursday.
Citing data from precious metals consultancy Thomson Reuters GFMS, global silver bullion coin sales are up 4.5% through the first quarter of 2014. U.S. Mint sales of American Eagle Silver Bullion coins held near-record sales levels of 24.1 million ounces for the first six months of 2014, just shy of the 25 million sold in the first half of 2013. In 2013, full-year American Eagle silver coin sales were a record 42.7 million coins. While ETF and coin sales are strong, the Silver Institute said other silver investment products, such as silver bar consumption, “appear to be easing so far this year after a strong showing in 2013.”
Industrial demand for silver in such sectors as ethylene oxide production rose significantly in the first half 2014 and is expected to increase 23% this year to 8.0 million ounces, the group said, citing Thomson Reuters GFMS.
Ethylene oxide is a building block chemical, used in production of detergents, solvents, plastics and a broad range of organic chemicals.
A global increase in renewable energy has lifted silver demand in the photovoltaic industry and Metals Focus, the precious metals consultancy, forecasts silver demand in photovoltaics will rise by close to 10% in 2014, the Silver Institute said.
Citing data from the Semiconductor Industry Association, semiconductor sales rose 8.8% in May from a year ago, the Silver Institute said. “This increase is encouraging for silver demand because silver is used extensively in electronic products that contain semiconductors. Semiconductor sales in the first quarter of the year totaled $78.5 million globally, the highest first-quarter total on record,” the Silver Institute said.
“These two categories, investment and industrial demand, are impo
and I got some at 2.87. I think this is so cheap at this price for what they have in gold and silver reserves no matter how you look at it. Risk of buying at this level if you don't use margin is very low IMO.
I am thinking in 1 year it will easily be over 6 maybe even 8 or 10.
3.45 on July 12 2014. I will reference this post in 1 year to see if I am right or wrong but I think I will be right...
First I want to tell you that Janet Yellen at the helm of the FED is the Best thing that could have happened for Gold Silver and Mining stocks.
This is why smart money is piling into them at this time especially since they are so beaten down.
Hecla (which I own) was 11 when gold was 1800 and silver was 40 now it's 3.16 and get this:
Hecla is the largest silver producer in the US with 26% of US output in 2013 and massive reserves Hecla has doubled it's reserves since it was priced at 11 per share and added significant gold
Hecla has it's main mines ONLY in US and Canada so can't get them taxed or nationalized (at least today..)
Hecla has a large number of short shares so could have a short squeeze easily
Hecla just bought a large GOLD mine in Canada from Aurizon making it a gold and silver miner Hecla pays a dividend linked to the price of silver Hecla insiders are buying it's shares on the open market see Yahoo insider transactions link Hecla (all shares) could be bought for only 1.25 billion the amount the fed prints every 1.1 Days !
Fed never going to stop printing; while physical is best HL one of the best leveraged plays to gold and silver imo. Go to their web site and on the right click and see their impressive presentation showing mines and reserves ! I firmly believe that Hecla is going to have a much higher return this year than the overpriced dow and S&P There is a tremendous amount of money being created and when even a tiny percentage realizes whats going on with the debasing of the dollar and buys these stocks they will be be up 5 to 10 times or more their current price. You see social media stock like trip yelp etc go up 4 or 5 times think it won't happen to this one and this one has all of the best properties of a miner as shown above. Candy Crush has 5 bill market cap vs HL 1.1 this will reverse when people realize the value of gold and silver over paper when people realize the value of gold and silver over paper that can be created out of thin air in infinite quantities ! HL will soon be 15 /share Less
gold and silver physical and miners in increasing amounts...
My PSLV has been soaring for the past few weeks along with Hecla..
When the fed backs down on the taper which is coming I believe then these stocks will explode..
do you disagree ?
At 10 hecla market cap would be about 5 billion or what the fed prints every 5 days even today..
Home depot is on deck......
Yet I remember Goldman telling me gold was going to 1000 and they called me a MUPPET !