Tue, Oct 21, 2014, 12:58 PM EDT - U.S. Markets close in 3 hrs 2 mins


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

Aurcana Corporation Message Board

tranthor2004 7 posts  |  Last Activity: Oct 10, 2014 9:31 PM Member since: May 4, 2005
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Reply to

    OT: House of Saud

    by tranthor2004 Oct 10, 2014 2:11 PM
    tranthor2004 tranthor2004 Oct 10, 2014 9:31 PM Flag

    Obviously, and, the Saudi's can drive the price to the 40"s and take out their competitors.

  • tranthor2004 by tranthor2004 Oct 10, 2014 2:11 PM Flag

    It is interesting that our petro-dollar "friends" in the ME decided to discount their oil price rather than reduce supply?

    Puttin' the squeeze on Putin?

  • Reply to

    Bookvar on CNBC

    by sewells831 Oct 10, 2014 9:04 AM
    tranthor2004 tranthor2004 Oct 10, 2014 11:46 AM Flag

    "the actual picture for US profigacy dictates that interest rates must not rise much. a'

    Which is why, IMO, the Fed is in a desperate position of keeping interest rates low to finance the now almost 18 Trillion in US debt. They have reached the questionable 5.9% unemployment rate with not evidence of inflation (ha!) and yet they continue ZIRP for a supposed weak economy. They are trying to squeeze as much revenue to fund future obligations. Service sector jobs and low wage growth combined with weak European growth and a strengthening dollar are not in their best interests of achieving their goal.

    Per the Wall St. Journal from about 3 weeks ago. The avg. interest rate for all US bonds was at 1.87%. Current interest on the US debt is running around 225 Billion per fiscal year. Yes? When the 10 year ran up to around 3% last year it was estimated to add around 25 Billion in interest when total debt was around 17T. We are now approaching 18T.

    If the Fed starts raising interest rates then US internationals have to contend with a stronger dollar that hurts their bottom line, negatively impacts the stock markets and thus pension and retirement funds, and increases the interest on the US debt.

    There will be an event. Could be the currency markets in a race for devaluation. Emerging markets balance payments in dollars is not pretty with a stronger dollar. Could be several events at once. Pick one.


    Good luck.

  • Reply to


    by pioneerrubi Oct 10, 2014 7:38 AM
    tranthor2004 tranthor2004 Oct 10, 2014 11:19 AM Flag

    "This was a milestone that would have likely triggered a flood of capital into both physical gold in this country and into the futures. A move like this would have destroyed the credibility of the U.S. dollar as the world’s reserve currency. It further would reflect the actual truth regarding the collapsing economic/financial condition of the United States."

    A parallel argument could be made that the flight to gold and futures would have put pressure on US Treasury buying as a safe haven resulting in a rise in interest rates that the Fed is/was desperately trying to avoid.

    The Fed and other CB's are running out of corner and paint, (debt limit/payments and policy).

  • Reply to

    Let's review P. George's first 43-101 a bit

    by sewells831 Oct 8, 2014 12:25 PM
    tranthor2004 tranthor2004 Oct 8, 2014 11:03 PM Flag


    I'm glad you brought up Mr. George from the ghost. Those were heady days when the 43-101 came out with that 15-18M oz resource. Or was it closer to 20? I have forgotten. Wouldn't it be ironic that George was correct after all.

    As for the BCSC, I think an apology would necessitate financial compensation for the company and shareholders and paid psyche therapy for management. It was that dirty deed done cheap that seems to have influenced RBY to the path it is now on.

    Perhaps, the cosmic scale will balance. Time will tell. I await for the next GG.

    Good luck.

  • tranthor2004 tranthor2004 Sep 22, 2014 4:50 PM Flag

    Weather forecast for tonight: Dark with scattered light by morning.

    Tomorrow will bring us partly cloudy with sun before noon followed by partly sunny with clouds in the afternoon.


  • Reply to

    September Silver

    by pioneerrubi Aug 25, 2014 9:38 AM
    tranthor2004 tranthor2004 Aug 27, 2014 2:32 PM Flag


    Any thoughts on the new daily pricing mechanism that went into affect almost a couple of weeks ago? It seemed as if silver was not affected as much on the downside when gold was getting taken down. There have been a few days gold was down close to double digits and silver was only down 10-18 cents vs. .45-60 cents for the old daily fixing price. Direct correlation?

    I have also read that nothing has really changed since the pricing has moved from London to the CME and Comex. Pricing can be manipulated by the algorithms that the electronics use.

    Any thoughts or articles you have read?


0.299-0.017(-5.38%)Oct 21 9:30 AMEDT

Trending Tickers

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.