12 years dividend from profits, not principal. 20% premium is EARNED. If these managers ran banks the way they pick equities, back in 2000-2006, we wouldn't have a crisis.
Showrooming and amzn just got a kick in the #$%$
Futures hit toiletF
Ending QE and the unnecessary drama before each Fed meeting.
Further dollar improvement up 25% from a low of 8 cents buying power versus 1973 to 10 cents buying power compared to 1973.--to maybe 12 cents.
Actual interest rate increases, by tapering MBS buying, increasing mortgage rates, or overnight rates (unlikely before 2018) bonds will tumble, good stocks will be sold to "make up for losers", and SLW is a stock. Happened May at taporings mere mention, mortgage rates piked 100 basis points.
Silver values are at 50% peak now. They could lose, like the general market, another 50%.
Can you handle that truth? Words are respected, anybody can post red points.
Claims improves to pre recession levels, now at 10k more a month and at that rate it is still 3 years to 5.5% unemployment.
Unless 1/2 of the hiring is Xmas help parttimers.
Still, 36 months to get well.
There's no question there will be some contraction of payout, however leveraged, 16% isn't doable. Yellen is into QE forever, you can expect spreads to continue to contract, but that doesn't mean CYS can't do well and throw off 10-12% and be highly competitive.
The next quarterly is when, January? If you own shares and haven't been selling covered calls against this holding due each month, you're losing an advantage of averaging down. I have already shaved 28 cents off my $8.13 acquisition price, and will get another 18 cents in about two weeks.
It's not foolproof or perfect, and somebody can call my shares before we get to dividend time, but it all washes out to a gain of some 34 cents pershare if that happens, which looks an awful lot like the divvy anyway.
Consumer confidence is off, but that was before the glut of oil from Iran will flood markets early next year, hit the fan in the wake of the "agreement to agree" this past weekend.
None of that is affecting SLW at the moment, which is disconnected from the POS
Unreliable housing PERMIT data jumped 6.1%, but the reality of housing "START" data is being held back one month allegedly because of the govt shutdown, talk about manipulation in favor of general market longs. Another reason for cliffhanger nonsense for the Dec FOMC meeting, and option players ending December, but long enough for govt to play with "last months" numbers right then and there in that "current" December reporting period. Concurrent with that news is news about "Men's Wearhouse" so I can't resist--"you're going to like that housing price data" due out in about half hour 0900 EST, because it doesn't reflect the November downturn in housing prices YET--you have to go to zillow to check that out for a couple three neighborhoods.
Kitgo through the tulips--silver down 1%, and yesterday it was up nearly 2% and SLW fell a bunch. That's an inbalance and allows you to nibble. GLWT, and there's a chance you'll get it.
Your bulltschit is even older. YDM, 67 years old, has more time before the mast in two uniforms for clods and country, and couldn't give a ratsazz except how this drivel affects the POS and POSLW.
plus low price guarentee. Margins may be clipped, but AMZN can be thwarted.
...and like clockwork, pending home sales takes it on the chin -1.6% raw figure, and the peace movement in Iran nuclear war making and markets parade into the crapper. Silver shines tho.