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jt6455

05/09/13 10:41 AM

#1660 RE: nealgalt1 #1659

I'd say its at least 50% and likely higher. Some of the worst traders and investors can be found here and if it doesn't say good things when its wound up its gonna struggle trading. With that being said there are some very talented folks down here as well. The likes of whom I follow very closely and I appreciate what I can pick up along the way.

Valuations make no sense here as fundamentals are still being shored up. So what does that leave? A start up company with good management and a well managed share structure. Even then that wouldn't be enough for me to invest in this security because as you pointed out it lacks liquidity aka Dead Money

But this company is not selling soda pop or a "future" casino in Belize. They are selling gold and that my friend changes everything. Smelters are now paying $1 over spot for your silver and this is just the beginning. History tells this story loud and clear and unfortunately it won't have a happy ending for the USD. PMXO offers a convenient on the spot vehicle to preserve ones wealth with hopefully a scalable model, decent profit margins and low overhead. This is something one can shop assuming they are able to reach their 10 machine goal. A relationship with Simon Malls was a savvy choice imo as they are a top company in a couple of funds I invest in and have done quite well. The rich will always spend money ;)

People think premiums are high now? They haven't seen anything yet unless the bullion banks take their foot off the price of gold and allow its price discovery. Lets hope for the latter because high premiums often equals low supply and that could be problematic for PMXO

Just some thoughts