You are here: Home » ZZZ 2.0 » Precious Metals
Precious Metals
Investors are attracted to mining stocks due to their leverage to underlying metal. When the leverage doesn’t materialize there is always a lot of questioning. The current divergence between physical Gold & Silver and the Gold & Silver Miners is as large as I can recall since I began following the sector in 2002. The [...]
Continue Reading
I discussed the Gold/Oil ratio and Silver Wheaton on StockTwits TV’s “Talk Your Book” Show on 5/20. My blurb starts around the 5:30 mark. Backgrounder: Gold has to be one of the most complex investments to analyze. It is an inflation hedge; a safe haven; a currency. It is subject to investment as well as [...]
Continue Reading
With China and India growing fast, famed investor – Jim Rogers, thinks the current commodities bull market has plenty of room to go… HAI: What are the most pressing issues that commodity investors should understand? Rogers: They should understand that until somebody brings on a lot of supply, commodities will do well. If people start seeing windmills [...]
Continue Reading
In 2005, when I constructed the Big-Build Out (BBO) portfolio I imagined that there would be turn-over due to mergers and acquisitions. However, never in my wildest dreams did I envision the world’s largest mining company, BHP Billiton, as a target. Acquirer yes. Target no way! That just demonstrates how much money is sloshing around looking for [...]
Continue Reading
I am sure many were concerned on April 19th as it appeared that the markets were in for a repeat of the China led melt-down on February 27. The Chinese Stock Market’s negative take on the countries 11.1% first quarter growth rate spilled over to Europe and cast a black cloud over the U.S. Markets [...]
Continue Reading
Global growth – you gotta love it! It is the basis on my investment strategy. Source: Bloomberg By Luzi Ann Javier and Xiao Yu April 2 (Bloomberg) — Charlie Sartain, chief executive for copper at Xstrata Plc, the world’s fifth-largest miner, said the growth in China’s demand for all commodities “is just phenomenal,” and prices [...]
Continue Reading
I have sold at the bottom far more times than I care to admit. However, if this is another occasion so be it – Sayonara, Au Revoir, Adios Gold stocks. I purchased my first gold stock, Royal Gold, in May of 2002. At the time, I really didn’t know much about gold or gold stocks [...]
Continue Reading
I was watching CNBC yesterday morning waiting for the Trade report to be released. At exactly 8:30am, Becky Quick went to Rick Santelli at the Chicago Board of Trade for the report. “For December the trade deficit increased $61.2 billion exceeding expectations of $59.7 billion. November was revised down from $58.2 billion to $58.1 billion. [...]
Continue Reading
Every now and then the market wakes me up with good news. Since BHP Billiton, the No. 1 mining company in the world, is based in Australia – it did the opposite and tucked me into bed after announcing another record set of earnings and a $10 billion share buyback. Yes, that’s 10 billion – with a “b.” [...]
Continue Reading
There is a lot of bullish Gold commentary floating around. If this is the real deal – I am locked and loaded. Refer to the portfolio threads to see where my money is parked. Source: January Gold Report In conclusion, I would like to make one more change in my December forecast. I stated that, looking [...]
Continue Reading
Michael D.
Royal Arse