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Agnico Eagle Mines Limited Message Board

mbbf49a 2 posts  |  Last Activity: Feb 16, 2015 1:00 PM Member since: Oct 9, 2000
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  • Reply to

    Typical exchange

    by jazenevd Feb 15, 2015 7:01 PM
    mbbf49a mbbf49a Feb 16, 2015 1:00 PM Flag

    "When the US launched sanctions against Iran by cutting them off from the SWIFT system, the Iranians simply took payments in gold routed through other countries, the first of which was Turkey.

    There are lots of sources documenting this process, a good one entitled "Iran sells oil in Gold & tells USA & EU to stick it!! Up yours!! We don't need you!!" is available on you tube. "

    Any reasonably modern economy utilizes SWIFT, and its affiliated services, tens of thousands of times a day. That Iran and China would announce an in your face, poke the U.S. in the eye, barter agreement isn't evidence of the lack of utility of the sanctions which revolve around the SWIFT system. They are hurting the Iranian economy and would be even more of a problem for the Russian economy...despite their gold reserves. I put no faith in sanctions' ability to change the behavior of the Iranian regime regarding nukes or Putin regarding Ukraine...but the SWIFT sanctions hurt.

  • Reply to

    Is Dr. Martin smart enough to BUY DNDNQ?

    by hohoo69 Dec 26, 2014 1:05 PM
    mbbf49a mbbf49a Dec 26, 2014 1:13 PM Flag

    "An extra 70+ Million in Quarterly Revenues would not hurt! Does he have the foresight?"

    Good grief...you have to be kidding on all fronts. Is he smart enough? He's run the company for 20 years, give or take and it's now about $135 B market cap ( I think). In any event he's too smart to acquire $70mm in revenue if that's all there is. Pharmaset was $11B. You need to think in those terms if you are going to make suggestions to Dr. Martin on a message board that there is zero chance he'll ever read because...he's too smart and busy to waste his time.

AEM
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