Holding my swing shares. My wife's employment sometimes has her traveling to other countries. The international airport in our area has tighten checks with extra staff. It may be an isolated situation, but probably not in Europe and most likely a sure in certain other countries.
I can't see why so much money would be flowing into bonds today.
Hi CG, I was wondering where you went. Some of the old gang is still around, just not posting as much. There's still a smart (nice) group of regulars here, along with some newcomers with exceptional thoughts. Watching the FED today. Yahoo is sometimes using delayed quotes.
You still can't keep up on a slow board. Why are you always confused. Try posting with your new ID, something of value.
Posted June 10 under 'Looking Forward by Mainman' - References, bios and footnotes are listed.
There are 22 professional references to independent EXK geo studies, in which I discussed some briefly and gave footnotes to almost all. Most of those studies have been either published this year or are recent enough for validity. It's called game planning for those that research to judge if management will go the straight and narrow. For investing, to me, it's important to understand the business plan of a company. The purchase of El Cubo was an exception and caused a flight delay. We're in the air now and climbing.
Quail, EXK will do just fine. I intended to include you in above post. All regulars and newcomers have a good 4th.
"hard" - means hard hats.
I agree Mainman. "Although it would be great for metals to fully recover, we don't need new highs to set earnings records." I'm also focused on internals which I see as the bigger plus.
They have a hard working on the ground team. Plenty of action happening. I see some great quarters coming - earnings. Just turned my computer on today, so nothing to say about the price action.
Derivatives, unlike other financial assets, are not regulated. In the stock market, there are restrictions on how much you can borrow against your assets. Many international banks are relocating their assets - a world economy bet. There been several structured banking deals (direct and indirect sponsor) including M&A in the last few weeks. Interest rate talk from Janet is what was needed. The FED is also bullish on a 8000 DOW. THIS IS their thinking, but I'll take currency / commodity insurance associated plays from their use of derivatives.
Just one bank that I've been watching is CITI. They may sell a lot of assets. I heard a confirming statement on CNBC today, from one of their talking traders. Banks control money and fund investment controls EXK. If one isn't watching banking use of derivatives per rates, then I wouldn't be investing in the commodity space.
It's really important to say from last paragraph - last post - ' Not only the US economy, but world economies as macro.' Just watch interest rate bets by banks from banking disclosure and reporting sites.
Mainman: I like to swing trade here. I can make better easier money day trading other stuff.
I agree with you about the risks with options, but I often find apparent reasons these days in directional movement. I follow banking derivatives over the price of silver. This is of small value for a day trade, but it will help in a nice several day swing or up to a few weeks or maybe months. We haven't seen rolling months for a while, but I agree it might happen again.
Pick something of value, make bets on the future value of "something", add contract & you have a derivative. This is how banks are now playing. They play the reflections on interest rates that reflects the economy as macro. A while ago, I believe that I wrote my best posts about this.
So far today higher. I have posted over and over what I watch. I believe that I have called several nice movements, longer than a week. What do you watch for direction, longer than a day?
Posted this on March 26....
Make it simple - keeping it simple is just fine for mining stock investors.
Look for US interest rate news. A plus is to also watch China rates. Watch Yellen for continued talk on rates. Some FED voting members disagree on the time to raise rates. If the FED and Janet stop the talk about raising rates this year, --- $$$
"So many black swans circling U.S. reserve currency status." Great post - a banking $ reason behind all of this is: Investment banks have been buying fixed-for-floating-rate swaps and buying gold. I saw this three weeks ago as I started to post super bullish. I said this would not be a quick swing trade. Internals - gold to be mined - will also give EXK support, but we may see a few down days in the nearer term.
MSN - Investing --- EXK number one gold/silver miner to own. I would expect an announcement on El Cubo gold, but then again Mr Cooke likes conference calls. It's been years since I'm seen so many private/public studies done on a mining location. Often private studies are followed by M&A activity. Possible, because Sebastian is also prime golden.
There are over 20 EXK research reports ( geo studies) completed this year with most published in May. Mostly about the gold - El Cubo. I listed several references two days ago.