Fri, Jan 30, 2015, 7:31 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Silver Wheaton Corp. Message Board

newscentral2002 38 posts  |  Last Activity: Jan 29, 2015 11:42 AM Member since: Oct 16, 2002
  • Reply to

    What the heck happened to silver prices?

    by shiftsuper175607 Jan 29, 2015 9:49 AM
    newscentral2002 newscentral2002 Jan 29, 2015 11:42 AM Flag

    Totally agree, well said, but not sure about more QE. I'll post more thoughts maybe this weekend. I didn't give you that thumbs down.

  • Reply to

    What the heck happened to silver prices?

    by shiftsuper175607 Jan 29, 2015 9:49 AM
    newscentral2002 newscentral2002 Jan 29, 2015 11:03 AM Flag

    For the slightly longer term, it may be just as important to watch the US housing market. Consumer confidence, retail, jobs, interest rates and FED policy should reflect from this. We may see some headwinds and swings with gold.

  • Reply to

    One's own comfort

    by newscentral2002 Jan 23, 2015 11:45 AM
    newscentral2002 newscentral2002 Jan 23, 2015 1:20 PM Flag

    Recently a single EUR/USD trade represented only 28% of all USD transactions (not index weight) as euro zone economy betting has been largely in control of the volume and outcome. Next week is also FOMC and that should place equal eyes on the USD side of the equation or trade. I think that traders will be on the streets next week ready to quickly make theirs bets. The dollar should remain strong for the next few weeks as reactions from other than EUR/USD smaller pairings should be watched for strength or weakness. It's hard to say anything more about this as things could change quickly. Gold could rise or not per central banks and from other material events globally next week. I don't know, but after the Swiss made their announcement it was easy to see where things were going for the next week. Now it's back to each owns economic homework for comfort as the financial media should be increasing confusion.

  • newscentral2002 by newscentral2002 Jan 23, 2015 11:45 AM Flag

    Gold/silver upward mobility has been anticipated by many. Gold is now seeing some pressure as king dollar set an 11 year high against the euro a few hours ago. Until the Greek vote on Sunday, many will continue to hold gold, but now I would include currency pairing attention and related data. I believe that it won't be a free from thinking ticket as it has been of late.

  • Reply to

    What is the current cost per ounce?

    by reiyue Jan 13, 2015 9:06 AM
    newscentral2002 newscentral2002 Jan 13, 2015 2:27 PM Flag

    So true. Well said.

  • Reply to

    What is the current cost per ounce?

    by reiyue Jan 13, 2015 9:06 AM
    newscentral2002 newscentral2002 Jan 13, 2015 1:23 PM Flag

    Correct - All-in by-product sustaining costs of production (including sustaining capex, exploration and G&A costs) were forecasted by company at the beginning of 14 to be approximately $19 per oz of silver produced and all-in co-product sustaining costs of production were predicted to be approximately $19 per oz silver at $1,166 per oz gold. Direct operating costs were estimated to be in the $95 per tonne range.

    EXK arrives at per ounce cost revenue minus net income to equal total costs, as in payable not produced. So payable determines cash costs, including derivative and foreign exchange gains or losses. Their is a long list of what is a cash cost and what is either added or deducted such as refining costs.

  • Reply to

    Record Production- No Surprise

    by tthemainman38 Jan 12, 2015 7:34 PM
    newscentral2002 newscentral2002 Jan 13, 2015 12:01 PM Flag

    EXK reported 3rd quarter 2014 earnings of $-0.11, which was a miss. For the coming quarter, analysts estimate EXK will earn $-0.04 per share, a 66.67% increase over the prior year 4th quarter results.

    There has been some confusion between the El Cubo mines and other El Cubo vein systems. The plants at El Cubo can't and won't close. Investors aren't as much concerned with lower production numbers at El Cubo as they are with fine tuning operations to increase cash for the development of San Sebastian. Stated a year ago, costs of 50 million. So cash matters. San Sebastian is one hour away by highway from El Cubo so they will need their own plant.

  • Reply to

    I am back in

    by sonya2091112 Dec 12, 2014 11:05 AM
    newscentral2002 newscentral2002 Jan 5, 2015 5:48 PM Flag

    1600$ profit over a low paper lost of 9000$ is something to smile about. (̶◉͛‿◉̶)

  • Reply to

    wow

    by scoylesays Dec 15, 2014 12:42 PM
    newscentral2002 newscentral2002 Dec 17, 2014 12:19 AM Flag

    Sony, you made some great call over the years. You also have great thoughts of wisdom. Nobody is always right, but you'll come out of your position smiling. Thanks for all your support.

  • Reply to

    wow

    by scoylesays Dec 15, 2014 12:42 PM
    newscentral2002 newscentral2002 Dec 16, 2014 10:40 PM Flag

    Sony, I post mostly on a non ya alumni board where most are old timers. I brought up thoughts (here too) that major investments banks want to do more investment deals in Europe on the cheap (dollar versus Euro), per not by China or Russia. Us dollars will be needed for some of these transactions. What we do best is knock stuff down and then profit to rebuild. This is one reason why there is heavy manipulation with gold and oil right now. We won't see 2% rates. I think that many bankers know what Janet will be saying. For now, place aside the politics and banking manipulation and hold your position. EXK won't die and they have plenty of gold and silver that can be mined with profit.

  • Reply to

    wow

    by scoylesays Dec 15, 2014 12:42 PM
    newscentral2002 newscentral2002 Dec 15, 2014 7:29 PM Flag

    I wasn't pleased when they took on El Cubo. It was too cash sensitive to the nice banking funds attained from other projects that produced. A surprise to some.

    San Sebastian is what I've been waiting for. That's a gold mine, or better yet, long veins with pockets. I think that our top fund investor that has12 geologists on staff can see the value over at San Sebastian. They increased holdings by 28% last quarter, maybe on the final decision to develop San Sebastian. Other producing sites shows continued life extensions as well. All of this can be seen with newer satellite heat mapping technology. Our number one fund has a satellite contract agreement. So waiting two years may take a bit longer for San Sebastian and deep recovery at El Cubo. This company has value, even if assets are still buried.

    FOMC the quarterly, not just a monthly is this week. the USD is still strong. Everyone is waiting for rate dates including our trading partners.

    I don't have a clue where gold and silver will be in mid 2015.

  • Reply to

    wow

    by scoylesays Dec 15, 2014 12:42 PM
    newscentral2002 newscentral2002 Dec 15, 2014 2:18 PM Flag

    It good to hear from a brilliant past poster. LOL

  • Reply to

    Have yo even heard of a war

    by mwalk65 Dec 10, 2014 3:34 PM
    newscentral2002 newscentral2002 Dec 12, 2014 2:52 PM Flag

    As with El Cubo, cash will be used to develop San Sebastian. The difference is that San Sebastian is primary gold with several heavy extending vein pockets. The one thing that I still like is the Micon Report and references to 20 other geological reports on SS that I had listed months ago. If not satellite mapping, use goog mapping on this area.

  • Reply to

    I am back in

    by sonya2091112 Dec 12, 2014 11:05 AM
    newscentral2002 newscentral2002 Dec 12, 2014 2:19 PM Flag

    Dec 10. Interview with B. Cooke at twst - Wall Street Transcript. Fee subscription. Service has tight copyrights. Article is positive about exploration properties including the San Sebastian project located in Jalisco, Mexico. Results are on the way. Waiting for results. It often takes subscribed money managers and fund mangers days before they read transcripts. Often being done on weekends.

    Good luck to the both of you.

  • Reply to

    Have yo even heard of a war

    by mwalk65 Dec 10, 2014 3:34 PM
    newscentral2002 newscentral2002 Dec 12, 2014 5:13 AM Flag

    I've done well this year with long dollar. I did very well with swings of metals to mid August and then sold. Since August nights, just a few mining trades, but I'm trapped in one intended daytrade position @ 3.85. So now it's day to day, as I can't see a clear extended picture for metals in 2015. Politics are nothing but lies.

    Fixing banks and their clients have an unfair advantage because information gleaned from the daily fix setting calls provide an insight into the future direction of prices. Banks can bet on the spot and derivatives markets during the call. This year, I had followed market economics and finance, but little banking controlled media news and policy from DC. I mostly follow import and export activity and banking risk insurance. My attention has been derivatives and more derivatives.

    We should have an exploration update from EXK any day now, as promised.

  • Reply to

    Why down since August

    by newscentral2002 Oct 27, 2014 3:19 PM
    newscentral2002 newscentral2002 Nov 17, 2014 6:49 PM Flag

    I'm watching for JPMorgan to invest in Europe for 2015. Europe should continue to have low interest rates, and their central bank will buy sovereign-bonds and borrow funds. Still the USD will remain strong, but US equity markets will probably have slower growth. At least that's what I see at this time. Our local corners banks want higher rates, but that piece of the puzzle as to when is still a manipulation mouth piece for big banking hedge money. A weaker euro will now be good for their growth. All sorts of global protection is still in place, but gold and silver should start to act more on any possible economic global positives, than just on the flip side.

  • Reply to

    Am I tenacious or just plain stupid?

    by quailrunrd Nov 10, 2014 9:00 PM
    newscentral2002 newscentral2002 Nov 13, 2014 12:58 PM Flag

    True, nothing will be done to the banking sector from misconduct on message boards and the goldfish approach to settlement without subsequent criminal action taken out by the government against individuals. The perception is right that governments fines the banks hence gaining income, but won't see those same fines spent on housing any proven banker found guilty of misconduct in a prison. It is nice not hearing their noise on FX and metal futures sites before the opening of the metal markets.

  • Reply to

    Am I tenacious or just plain stupid?

    by quailrunrd Nov 10, 2014 9:00 PM
    newscentral2002 newscentral2002 Nov 12, 2014 1:10 AM Flag

    From USA Today
    "U.S. and British regulators are expected to announce billions of dollars in civil penalties as early as Wednesday for several major domestic and foreign banks suspected of manipulating the $5.3-trillion-a-day foreign exchange currency-trading market."

    "U.S. banks JPMorgan Chase (JPM) and Citigroup (C), London-based Barclays (BCS) and HSBC (HSBC), Royal Bank of Scotland (RBS) and Swiss banking giant UBS (UBS) are expected to agree to fines totaling as much as 1.5 billion pounds, or nearly $2.4 billion, from Britain's Financial Conduct Authority, several media organizations reported."

    "However, talks with Barclays faltered, and the bank could drop out of the settlements, The New York Timesreported Tuesday evening."

    "A U.S.-based official who was briefed on settlement talks over the penalties confirmed general outlines of the potential agreements on Tuesday. The official spoke on condition of anonymity because the agreements had not yet been formally announced."

    ********* "ADDITIONALLY, the U.S. Office of the Comptroller of the Currency and the Commodity Futures Trading Commission also are expected to announce similar penalties against several banks as early as Wednesday, the official said."

  • newscentral2002 newscentral2002 Nov 9, 2014 4:06 PM Flag

    I'm not that person. There is no evidence from any of his posting replies that he was underhanded - a stalker like you with multiple ids. That's important to board quality. YDM on SLW and some others have more than one id. So what, they aren't disturbing the board, stalking and giving constant red like you are. When I went back into my SLW history of 3 to 4 years ago to copy and post on yesterday thread, I had few reds. You just went back to that history time of mine yesterday and gave me hundreds of reds. Why would anyone buy or sell stocks based on others' opinions without doing their own research. This will be my last response to you.

  • newscentral2002 newscentral2002 Nov 9, 2014 9:29 AM Flag

    Cyber stalkers, trolls or cyber bullying often make false accusations. You have harassed hundreds with multiple ids.

    Disrupting stable message boards gives you the illusion of power, stalking a normal person allows them to think they are normal, too.

    For trolls, any response is 'recognition'; they are unable to distinguish between irritation and admiration; their ego grows directly in proportion to the response, regardless of the form or content of that response.

    Trolls, rather surprisingly, dispute this, claiming that it's a game or joke; this merely confirms the diagnosis; how sad do you have to be to find such mind-numbingly trivial timewasting to be funny?

SLW
22.97+0.720(+3.24%)Jan 30 4:02 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.