They are a prolific issuer of press releases. The CEO blogs about gold. Let's see what else. They did drill some holes in the ground looking for gold but that has pretty much stopped. They pay their directors very well. They issue new shares periodically and will probably have to do so again in about a year and a half.
Trends are in the eye of the beholder. Sure it looks like a short term up trend. But if you expand the chart and look back to Nov 2012, the downtrend is still in place. This is a key area since the price is near the top of the down trend channel.
This genius doesn't know to look at the open interest.
hothers: Hey shortie, how many of these TRX calls do you think George Soros owns?
Hey moron ZERO!
The total value of all TRX calls outstanding is a whooping $92K valued on the bid side. Most were open before the drop in gold. I doubt Soros bothered to allocate less than $100K.
Jazzpers: Whats new. All the guys on yahoo are covering and buying calls. Calling bs on bs.
Ole Jazzy forgot to look at the volume. Not a single TRX option has traded today and almost none all week.
What does this gibberish mean in English? Futures are not a mechanism to buy gold. Futures are a way to take leveraged positions or hedge.
Plenty of physical on 47th Street in NYC. OPM bars are cheap and available $10 over. Saw lots of Pamps too.
They bought GDX and GDXJ because that is where the liquidity is not because of the miniscule allocation to MUX.
Not saying that the Federal Reserve is leasing gold but if they did wouldn't they get this thing called collateral? With the price of gold down that would mean the collateral is worth more than the gold. It would be quite easy for the Fed to buy-in any lesee who failed to return the gold. But you don't see the Fed buying in the physical market or any shortage or the price of the physical would be going up. You also don't see anyone closing out their short futures positions. Again you would see the price going up if there were a short squeeze brought on by delivery demands and a shortage of gold. Finally, in what delusional state do you exist where the trader on the winning side of the trade, in this case short gold, is in trouble? All they would have to do is close their futures position at a profit and Poof! the delivery obligation disappears.
The real objective is to isolate Iran from the global transaction system.
Neither of them bought MUX so what does that tell you?
SEDI is insider transactions. Use the view summary reports link then select insider transaction detail. Search by issuer Tanzanian. SEDAR is Canadian Corporate filings listed alphabetically.