Friday, October 10, 2014 11:40:46 AM
Its a no-brainer at these price levels . . . with new silver CDA area mine and Canada and central Americas mines . . . stock price = productive assests + metals in the ground and in storage. Beats PM ETF hands down, in immediate value.
Every bomb, cellphone, solar cell, car, computer (both silver battery and circuit PMs). You can even forget the nose-ring sales use in your calculations. And, we got silver and gold as antibiotic medical uses thrown in. The future of medical care will involve increasing uses of PMs, as well as mobile reader health devices for paients communications with their docotors. PMs do combat Ebola, etc., by bio-genetic inserting their particles into the enemy DNA clustering: hack the bad boys gene USB, so to speak.
Anyone think HL just built a new silver mine to close down?
And, HL gets other auxiliary commodity minerals, as a side-business.
The USA government hardly is stupid enough to enter a 100 yr. war in ME and Africa . . . without its own special in-house PMs stockpile, with armed forces based all around it?
The only 'investment' money right now in physical assets is just churning the stock market. Real estate is stuck, as kids and declining MC unable (or unwilling) to invest in owning a house, as a financial investment. Young are not buying cars either: no jobs economy. Our infrastructure is falling apart faster than we can replace it. Solar cells make sense (especially leasing them), as its cheaper, more decentralized method of updating the grid. And, has any one seen power and energy prices dropping annually?
The FED keeps trying to create inflation, but it only gets deflation along with it.
They keep trying to create inflationary prices . . .; but frighten and job-less, are not or cannot buy the higher priced goods and just do without or put a patch on their jeans. Welcome to the new 1930's, wherein the rich have all the money and truly believe they can just sit on it and trade it back and forth with their friends.
PMs (especially historical quality coins), are way better physical utility value of currency than paper back by debt (note number of countries recently flipped their BK trip). You can always take PMs to a recycler. But how do you recycle paper for value in depreciating currency situation?
Recent HL News
- Hecla to Participate in Gold Forum Americas and MINExpo International • Business Wire • 09/12/2024 01:00:00 PM
- Hecla Reports Second Quarter 2024 Results • Business Wire • 08/06/2024 10:18:00 PM
- Hecla Second Quarter 2024 Results Conference Call/Webcast and Virtual Investor Event • Business Wire • 07/24/2024 01:00:00 PM
- Hecla Announces Dismissal of “Bad Actor” Lawsuit • Business Wire • 07/11/2024 08:15:00 PM
- Hecla Announces Second Quarter Production • Business Wire • 07/10/2024 11:00:00 PM
- Form 11-K - Annual report of employee stock purchase, savings and similar plans • Edgar (US Regulatory) • 06/18/2024 08:30:03 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/07/2024 08:05:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/23/2024 08:43:15 PM
- Hecla Announces Leadership Transition • Business Wire • 05/23/2024 08:30:00 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 05/21/2024 08:29:39 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/21/2024 08:03:11 PM
- Form S-3ASR - Automatic shelf registration statement of securities of well-known seasoned issuers • Edgar (US Regulatory) • 05/20/2024 09:31:53 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/20/2024 09:19:38 PM
- Hecla Releases 2023 Sustainability Report • Business Wire • 05/20/2024 01:00:00 PM
- Hecla Files Early Warning Report in Respect of Cascadia Minerals • Business Wire • 05/10/2024 08:15:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/09/2024 04:00:37 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 10:05:39 AM
- Hecla Reports First Quarter 2024 Results • Business Wire • 05/08/2024 09:15:00 PM
- Hecla First Quarter 2024 Results Conference Call/Webcast and Virtual Investor Event • Business Wire • 04/25/2024 08:15:00 PM
- Hecla Announces First Quarter Production • Business Wire • 04/08/2024 09:25:00 PM
- Hecla to Participate in Gold Forum Europe 2024 • Business Wire • 04/04/2024 08:15:00 PM
- Hecla Appoints Director • Business Wire • 02/26/2024 09:15:00 PM
- Hecla to Participate at Upcoming Conferences • Business Wire • 02/20/2024 09:15:00 PM
- Hecla Reports Fourth Quarter and Full Year 2023 Results • Business Wire • 02/14/2024 11:00:00 PM
- Hecla Reports Exploration Results and Reserves • Business Wire • 02/13/2024 10:30:00 PM
FEATURED Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM
North Bay Resources Announces Mt. Vernon Gold Mine Bulk Sample, Sierra County, California • NBRI • Sep 11, 2024 9:15 AM
One World Products Issues Shareholder Update Letter • OWPC • Sep 11, 2024 7:27 AM
Kona Gold Beverage Inc. Reports $1.225 Million in Revenue and $133,000 Net Profit for the Quarter • KGKG • Sep 10, 2024 1:30 PM