Posted by rahrens_1 on April 21st 2013
According to Jim Willie they may be. Jim appears to have some contacts in Dubai that are telling him, like everywhere else, there is no gold/silver available. The interesting part is that his contact says gold premiums could rise to $500-600/oz over the next couple months for gold in volume. He also mentioned to Jim [...]
Posted by rahrens_1 on April 03rd 2013
No wonder they are pushing gold down so much. They don’t want to have to pay out any more cash than they have to in order to cover these obligations. See link here.
Posted by rahrens_1 on March 13th 2013
He has some great insights, some interesting points he makes. He see’s the yen going to 250, he also thinks the best investment he’d make where you could go away and leave it for 10 yrs, is buy gold, short the yen. See presentation here.
Posted by rahrens_1 on February 27th 2013
At the Florida BMO conference Rob reiterates gold is a currency, stating he still see’s $5000/oz coming. They are still working towards S+P 500 inclusion by 2015, implying some significant acquisitions between now and then. Interesting times ahead. See link here. Link to webcast.
Posted by rahrens_1 on January 09th 2013
An interesting read with some analysis by QB Asset Management that has a plan to being back stability to the banking system. Would be sweet, but I don’t see it happening. See link here. Jim Sinclair has said gold is moving back towards the financial system, not away from it. The comments I find most [...]
Posted by rahrens_1 on December 12th 2012
The following is strictly my opinion with a bit of spectulation thrown in, please do your own research. I attended a McEwen Mining (MUX) luncheon today. Rob presented his standard presentation, with an update by Ian Ball on the status of the various projects. These luncheon’s are held at McEwen’s head office in Brookfield Place [...]
Posted by rahrens_1 on November 05th 2012
An interesting twist on Hurricane Sandy, seems the DTCC vault holding stock certificates is still under water with unknown damage. I wonder if they’d just do what they did with subprime and decide paperwork isn’t required. See link here.
Posted by rahrens_1 on October 20th 2012
A very interesting article and Canaccord interview with Frank Giustra. He see’s gold as a great investment, ie hard assets. He expects those in fixed income products getting wiped out. For background he founded Silver Wheaton, Yorkton Securities and Lionsgate. See article link here. See Canaccord Resource Conference webcast (registration required) here.
Posted by rahrens_1 on October 02nd 2012
Below is a great read from PIMCO on gold. The bond king is becoming more and more a gold king instead of a bond king. Great comment on the fact it pays no interest, “Instead, gold should be thought of as a currency, one which pays no interest. Dollars, euro, yen and other currencies can [...]
Posted by rahrens_1 on July 20th 2012
Interesting news from Bill Murphy of Gata.org that he has a source in Europe that says JPM had to back away from silver in the first 6 months of 2011 leading to the run up in silver. The source says a big increase is coming in August 2012 but of course gives no details as [...]