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Haha that would be a bingo bud
I think you should stop soliciting investment advice here. It's like asking the homeless person with the "I need money for beer" sign what one should do with the extra 5 bucks in your pocket.
When there's a lack of clear fundamentals holding shares long term of any company is extremely risky. Trade the chart around a core position if you wanna stay in for the river card otherwise just trade the technicals and scalp the profits
There you go I did exactly what I recommended you should avoid. GLTY
It amazes me that Manchin is constantly able to get away with this. His state W. VA imo has to be one of the heaviest armed per capita and they have yet to string him up? Does anyone see DHS trying to disarm that state? It would be like a herd of deer wearing orange in the middle of hunting season telling the hunter to hand over the rifle
It's truly absurd
All right this got my attention wtf is happening here?
Much obliged senior!!
"Oh the drama" bring em and I will buy em. In full disclosure I heard the blind squirrel is starting to wake up and may have caught a wiff of this undervalued asset.
Nonetheless I have some powder let's bring on those .28s
Thanks for posting the response I would be worried if he disclosed anything else. I appreciate the effort that was made to answer the question while remaining compliant
Solid management
Its downright laughable Blue but unfortunately for mainstream investors they will not be attending the party. Cramer and Co has that capital chasing over valued equities wrapped up in Safe Harbor statements and apologies from 2008
Once the first few pieces of low hanging fruit are picked off he will front run and call the audible on the mining sector imo.
No better place to buy stock in then those companies that have the option to hold their capital reserves in gold
More like "There was a pile of gold in Manahattan..."
Yup I agree
California residents voted themselves out of the 2nd Amendment with all their PC nonsense. Maybe now they will understand why its so important to the majority of Americans
Time is on the shareholders side as it gives them more time to accumulate shares. Big money is in control of the share price and imo its those same entity's that are also accumulating shares. The random ihub poster is wasting their time if they think any of us can move the price of this security one way or another.
It will come and much more imo but we gotta wait for the big kids to get their fill.
Yup
With the fundamentals in play its rather silly imo to think that gap is gonna fill. I'm not saying it won't but technicals usually subordinate to strong fundamentals
Late to the party eh?
What about the 1.4 quadrillion dollar global derivative disaster on the horizon? We live in a society that places value on worthless pieces of paper not just in the US but globally.
I may be off my rocker and it's quite possible I have jumped too far down the rabbit hole. I just don't trust the data as its design and methodologies are aged out and imo don't tell the whole story. Those charts and ratios don't factor in the supply and demand markets, regulation, currency fluctuations as well as the upside down energy market needed to dig the metal out of the ground.
I agree and subscribe to that methodology as an effective way to further build a position. What I'm asking...is it possible that chart those ratios could shake out differently once both gold and silver (metal) are allowed to truly discover their own market price without the leverage
Maybe they won't but they are entirely two different markets and I have always found it odd that they trade in tandem with one another.
Be well
That's an interesting perspective lowjack but does the data discount the amount of leverage built into the second half of the graph? I guess what I am asking is has the current COMEX Claim Holders /oz been taken into consideration?
If there truly is a black swan hovering over the horizon wouldn't this all have to net out in the end?
It never should have been put into practice but corruption and greed drive the train in Cartoon Land. But what do I know I'm just a small fry sizzling in the same pressure cooker as the rest
Good question and I'm sure there are other opinions
That's good to know and doesn't surprise me. This management team is solid and the momentum has turned in favor of shareholders.
"Another major benefit that has come to light with rising oil prices includes the ability to generate inexpensive hydro electric energy in the DRC. The DRC is loaded with mountains, rivers, and plenty of rainfall. These are ideal conditions to generate electricity. The cost of energy is critical for a mining project. At some projects, power can account for 40% of the cash operating costs. By switching from oil and diesel to electricity, Banro’s costs structure could fall from $350 per oz to an estimated $250 per oz. To understand the extent of hydro potential in the DRC, consider the capacity of the Congo River, which is reported to have the ability to increase the world electricity capacity by 13%."
Thanks for posting the article
That's exactly right its global redistribution of wealth from West. To east. The SPDR ETF's GLD and SLV among others are being used as the proverbial vehicles. Only the pre chosen winners will be able to convert shares into metal the rest will get freshly minted USD's
Got Gold?
Lol that's funny
Yup
Last I saw the COMEX was leveraged 120:1
(120 buyers per AU oz)
Fair enough. Take a look at the miners during the late 70s they were beaten to a pulp before parabolic gains were made. Miners are always the last to run but historically they always outperform the metals themselves
GLTY
Lol
That's certainly one way to analyze a security. Its thin but we are all entitled to an opinion I guess. Did your spiritual advisor help you with this forecast or did you come up with it all on your own?
BAA is a solid value play
AMEX listing
They talk I buy shares its a win win
Disgusting and pathetic
That prediction obviously discounts a reserve update release. The traders I know won't give both pps+time but I'm with you let's see how the dice roll. Not passing up a buy at .25 either but with the update on the horizon it's highly unlikely imo.
Good thing I have a lot of shares ;)
You and me both brother. I passed along BAA to a couple of banker bud's of mine and both had similar reactions. Based on the response you would have thought I had asked them to open the hood of Boeings 787 Dreamliner and diagnose the problems
Gold is not everyone's cup of tea in the world of Alice
Then that gives us 6 more months to accumulate to our already lofty positions in both gold and BAA. I was hoping for more time to round out my banro position so thanks for he heads up.
This is going to work out well. Shorts get to try and cover and longs get to scoop those shares up in front of them.
Ready set go?
Bahahahaha like CT mandating folks turn in their AR 15 or else?
Present Day:Nothing
Maybe this representative will also be the one responsible for enforcing this legislation?
He who goes to bed with itchy butt wakes up with smelly finger...
Bad? Compared to what?