This pig is going to 40 cents a share. Unlike some fortune 500 company's, mux management could have been buying shares but gold miner always sell shares. .
As I posted a couple weeks ago, gold is going to go so low there won't be a MINER LEFT STANDING OR ANYONE SELLING GOLD. They will have been put out business as they should be.
There is nothing wrong with putting a MLP in a IRA. You just lose some tax benefits since every distribution is taxed as ordinary income. I have had a couple in my IRA's for over 8 years with no problem.
Try las vegas. You have a better chance of making money than buying this POS
While there are a few posters who want or need attention, I bought 500,000 shares of aapl this morning. So there I call you.
I left here a long time ago and somehow ended up back here today and lo and behold the same people playing with this piece of #$%$.
I said it a couple years ago that SFEG is a place where money goes to die. Well the money died but there are a few players still left in the game.
Gold mining company's are nothing but scams and the people running them are some of the largest crooks on the planet.
Gold is not only going to break $1000 it may well indeed break $800. Which I think is good to completely destroy every gold shyster dealer and gold miner scam for good. Then and only then can the bull market in gold start up again.
No one wants gold stocks. Don't buy what no one wants. Everyone wants Facescam in their portfolios
I'm not convinced that oil will not go lower, possibly to $75-$78 a barrel. The worlds economy's are slowing down quickly and Europe is a basket case. It would not surprise me that a couple Euroland Nations go belly up.
Maybe so but MUX is going no where just like gold. Gold is going to go so low there won't be a scam gold shop left standing to sell their gold coins.
I'm afraid that mux is out of the game. It cannot even rally when gold goes up. A VERY VERY BAD SIGN.
I see lots more downside risk to this home wrecker.
Best to stay away from anything gold. It's going no where for a long time.
And guess who looses the most? Exxon and the Rockefeller clan. The most difficult part was drilling the well. They now do not share in any profits and the profits are immense. Estimates are over 1 billion barrels and the geology looks similar nearby.
So who wins? The Chinese State oil firms will supply funding to Rosneft and become partners in the venture AND SHARE THE PROFITS. This is not going to sit well with the Rockefeller oil monopoly. I suspect Obama will be taken out to the woodshed by oil interests.
Chaina buys gold to eventually back its currency.
The Chinese people buy gold as protection against government collapse. Once you understand that you will not buy gold in any form. Don't kid yourself. Gold is going down down down.
10-20 years?? That's 1/2 a lifetime for investing at 20 years.
Buy dividend paying stocks and enjoy life.
I took a gamble 3 days ago and bought 30 April 2015 strike 27.50 VNR calls. Then VNR decides to buy back their stock and its off to the races.
I think QRE management will be fighting, read as burning up capital, to fight many law suits. Too many other good stocks to own specifically Linn Energy. A much better company.
I also think BBEP is one to stay away from.
The US will not lift sanctions even with a ceasefire. That was never the intent of the Obama administration. The intent was to strangle the Russian economy and deny Putin energy sales to Europe.
If any sanctions will be lifted it will come from European Nations whose economy's are in deep trouble. Even Finland got a debt downgrade because of the Obama sanctions. Obama is a wrecking ball.
I bought a boatload of perferred stock this morning at $22.00 which is 3 bucks a share under par value. It is now trading at 23.70. If I bought this crooked dog qre, the sellers come in at the close of the market and steal every penny of gain. No need to play this game when i can make money the easy way and still get a monthly divvy check.
I have loaded up with VNRBP today as it lows not seen seen since it was first traded. Picked up a truckload at $22.00-22.15 this morning when people were throwing their shares away. Nice monthly income and 3 bucks under par.