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NAMOYA
Citibank expects global recession in 2016....http://www.telegraph.co.uk/finance/china-business/11854084/China-leading-world-towards-global-economic-recession-warns-Citi.html#disqus_thread
None of your predictions on this board has ever come to pass. Just saying.
Stock. Why do you even bother responding to this guy ?
Meanwhile Shangai Stock Exchange sets new monthly record...https://www.biznews.com/gold/2015/09/07/chinas-sge-gold-deliveries-set-new-monthly-record/
BAA CHEAPEST GOLD MINER.....http://investorshub.advfn.com/boards/read_msg.aspx?message_id=113961071
No worries Brotha
Chill baby, its all good..
Lol. Please, dont be pretending you're some sort of genius and that you can always predict correctly. We both knows thats not true :)
No offence, but you said that months back when were at 0.19 and it never happened. Instead we went to 0.40. It might happen, but then again it might not. Your guess is as good as anyones. Long term though its still multi dollar of course.
Thanks for that. To me it is simple. Buy low and sell high. Most folks do the opposite because of the human herd mentality. Buying low is not comfortable - you are buying stocks that have punished a lot of investors and the stocks are hated. The sector is hated. But thats all noise. The only questions you should ask is 'is this cheap?' and 'is the underlying commodity cheap?' In the case of BAA and gold, I believe that both are way oversold. I do not believe ONE word about the phony economic recovery we hear about everyday. Why? Because the cold evidence tells a completely different story. It is therfore pure propaganda and should be studiously ignored and ridiculed - because it brings no value.
The most important part of my thesis is the direction of gold - this is where most of my research is based. Finding a severly undervalued miner was relatively simple, but given the direct linking between miners and the gold price, the most important factor must be the direction of gold. For this is I rely largely on 2-3 analysts. Andrew Maguire, whose technical knowledge of Comex and LBMA is second to none, Adam Hamilton, whose weekly essays at Zeal are invaluable, and Peter Schiff, whose cold analysis of the economy is also invaluable. Hamilton's essays go back to 1999 and he called the beginnng of the new bull, no mean feat considering the overwhelmingly bearish sentiment at the time. Its all there in the Zeal archive in black and white. Zero Hedge is of course invaluable for its exposes of the phony economy - which is why the mainstream hates it so much. They do not want us proles knowing what is really going on. Thats the last thing they want.
I believe Dow etc have now entered the long overdue bear, and that gold is now embarking on its next upleg. The next few years are going to be grim for the economy because the chickens have now come home to roost - you cannot solve a debt problem by adding more debt. Ideal conditions for gold..
Your expectations have been more than reasonable and your DD has been a great contribution. Nothing has changed, except that gold smash last month. I believe it was the final low. Gold is already up $60 since then. And guess what? Dow is down 1500 points since then. That should tell you something my friend. As for BAA - its on the verge of achieving commercial on Namoya. Game changer The times are a changin.
Me too. And then some :)
Relax. Be patient :)
Of course. Everything is cyclical - especially war. No rationale to suggest the current crop of politicians have abolished war! War's been here for thousands of years, and its going to be here for thousands more years.
Is anyone even selling at these crazy prices ?! If you are, all I can say is good riddance! Weak hands not wanted here...
Not really
Dow futures tumbling again, FTSE down 3%. Gold up 1145
Oh its coming alright.
BAA LOWEST COST GOLD MINER IN THE WORLD.......http://investorshub.advfn.com/boards/read_msg.aspx?message_id=114773352
China PMI continues to weaken. Hard landing in progress.....http://www.wsj.com/articles/global-shares-fall-after-chinas-weak-pmi-data-1441094358
PHYSICAL GOLD PREMIUMS EXPLODING...http://www.zerohedge.com/news/2015-08-29/despite-being-pet-rock-premium-physical-bullion-exploding
Perfect storm ahead for global economy......https://bangordailynews.com/2015/08/31/opinion/contributors/a-perfect-storm-ahead-for-the-global-economy/
Agree. Great news coming soon - Namoya. Plus POG rising...
Based on market cycles, Shiller ratios, laughably overvalued share prices based not in earnings, but in share buybacks, it is my belief the Dow topped in May. We are now about 2000 points down from that. Technical support has been broken, complacent investor psychology has been shattered. I say Dow around 10K in 2016-2017. Time will tell if I am right.
There are indeed, but not one has got the giant potential of BAA. Not one. Keep looking, I guarantee you will keep coming back to BAA :)
Gold miners, and more specifically junior miners, are simply a highly leveraged bet on the price of gold. If you believe that the price of gold is set to appreciate significantly (given the by now obviously worsening economic and political chaos in the world), then you buy the most under valued, asset rich junior miner in world - Banro
LOL. One day you pump, the next you bash. You are a joke. But we knew that already :)
Anyone still invested in Dow etc is crazy. That drop last week was just the start..
BAA MOST UNDERVALUED GOLD MINER. BOOK VALUE $1.95. JUST SAYING. AS FOR POG, MANY MORE WEEKS OF SHORT COVERING...
The mighty bear has awoken....
My my MMs getting desperate now! Lol. Dow down another 650 points already.....
It can and it will. Refer to my earlier Confucius comments :)
Secular bulls and bears last around 17 - 18 years on average. So 1982 to 1999 bull. 1999 to 2017 bear. Cyclical bulls and bears occur with these secular cycles, so makes the sense that this is the beginnings of the last (and most devasting) cyclical bear with this secular bull. 2017 should look something like 1982, with the birth of the new bull, but this can ONLY happen after Dow collapses to point where it becomes cheap ie some 50%. Gold tends to move against to the stock market...
You must adjust for inflation. A bull powers well above inflation as in 1981 to 1999. http://www.zealllc.com/2015/bewaresb.htm
This is most likely the long awaited final leg down of the secular bear in stocks that has been ongoing since 2000. Adjusting for inflation Dow returns have been abysmal since 2000. So yes, I would say the final cyclical bear within the secular bear. I guess it ends in a couple of years with Dow anywhere from 8000 to 12000. NB the last couple of years was an artificially over inflated rally within the secular bear.
Dow will end up 10000-12000, where it truly belongs. Gold will end up 3-5K where it too belongs. Give it a year or two, but its already started...
Still sticking with my prediction
Yes.And QE4 equals 2K+ gold imo. QE4 sends clear message "We dont know what to do, we're screwed"
The Sharps Pixley view. Over the past 15 years, they have been the most accurate in their forecasting of POG.
http://news.sharpspixley.com/article/ross-norman-a-short-covering-rally-does-not-a-bull-market-make-but-/236536/