drbubb

The Golden ratio has wondrous properties !

Gold, silver rise as stocks and crude oil fall San Francisco Chronicle - 3 Hours ago Investors sent prices for gold, silver and some key agricultural commodities higher on Friday, even as they sent stocks down. In metals, silver for March delivery rose nearly 2 percent, climbing 52.5

"Leeb's favorite stock is Silver Wheaton( SLW - news- people), " a Canadian mining company that buys the stream of silver from other mining companies like Barrick Gold ( ABX - news-people). - 2/ 2010 article, Forbes : Link

Great to have you aboard. Silver stocks look timely to me just now! Here's a real Silver Bull, who may help "stoke the fire" for these stocks... Dr. Stephen Leeb Wednesday, December 5, 2012 Dr. Stephen Leeb: Chairman & Chief Investment Officer of Leeb Capital Management - Dr. Leeb is a registered investment advisor and has been managing big cap growth portfolios since 1999. Over the last... More... Podcast MP3 : http://kingworldnews.com/kingworldnews/Broadcast/Entries/2012/12/6_Dr._Stephen_Leeb_files/Stephen%20Leeb%2012%3A6%3A2012.mp3 Leeb also had a shocking forecast in terms of future silver demand: “Silver is not just a medium of exchange. It has a longer history as a medium of exchange than even gold, but it’s much more than that. So when I talk about photovoltaics, I’m talking about just one use of this incredible metal. But this one use, by my calculations, will consume an inordinate amount of silver within the next five to seven years. I’m talking about the need for 700 gigs of photovoltaics between now and 2020. The amount of silver that we are going to need just for photovoltaics will amount to 30% of all the world’s yearly supply. In other words we will need 30% of those tons (of world silver production) just for this one use. By 2020, the amount that we will need (is a staggering) 50% of the world’s (yearly silver) mine supply. Now consider the fact that silver is also used for all of these other industrial uses, investment (purposes), jewelry, and so many other kinds of applications. There is no way I can see of connecting these dots (in terms of silver supply). I would stock up on silver. Governments will soon wake up and realize we can’t let people hold silver as an investment because it’s just too valuable. Governments will have to close down the silver market. What this means is that the silver mines will have a tremendous premium placed on them. . . . There really are very few dedicated silver mines. Silver usually comes as a byproduct of zinc, copper, gold, lead. There are very few mines that produce primarily silver. These stocks, in my opinion, I don’t what to put a number on it because I think the people in white coats will come and carry me off. But I just cannot connect the dots without seeing silver surge beyond what anyone really has in mind.”

Welcome, Jalil. & thanks for the ideas. I have owned: SSO in the past, and made money on it. Not familiar with the others Have you been lurking here for a while?

FR.t / First Majestic Silver Corp. (TOR) ... update / latest: $19.98 - $0.23 EDR.t / Endeavour Silver Corp. (TOR) ... update / latest: $ 7.70 + $0.01 GPR.t / Great Panther Silver Ltd. (TOR) ... update : 12mos / latest: $ 1.53 +$0.02 SVL.t / Silvercrest Mines Inc. (CVE) ... update / latest: $ 2.32 + $ 0.06 === On a day when we are seeing... SLV / iShares Silver Trust (ETF) ... update / latest: $ 29.08 +$0.08 === === I already bought some shares in one of the above. Some more ideas that I heard were: KBR, BCM, MSV, OK

Favorite Silver Stocks - Old title: Fav. Silver stocks, hit by "tax selling" / Candidates? ================ I might do a little year end tax-oriented buying over the next few days. And I am especially watching Silver stocks, which could perform well, if Silver rises off a bottom here. What are your favorites? Off the top of my head, I have: FR.t, EDR.t, GPR.t ... Are there more silver stocks that GEI-ers are looking at ? ===== Live-charts : http://uk.advfn.com/...php3?id=9688630 GPR & Old List : http://uk.advfn.com/...php3?id=9776696 Symb. Company======= Price Shs.OS C$MktCap ----- Mexgold....... $ KBR.t Kimber Resour. $1.55 xxx.xM $ xx.xMn 1194080 FR.v- First Majestic $2.06 xxx.xM $ xx.xMn 995535 EDR.v Endeavour Silv $2.20 xxx.xM $ xx.xMn 1818814 SPM.v Scorpio Mining $0.55 xxx.xM $ xx.xMn 168177 MAG.v MAG Silver.... $0.79 xxx.xM $ xx.xMn 1433255 SRY.v Stingray...... $0.59 xxx.xM $ xx.xMn 1583898 GGC.v Genco Res..... $0.79 xxx.xM $ xx.xMn 102726 MMN.ax MacMin Slvr $0.25 xxx.xM $ xx.xMn 46596 TM.v- Tumi Resources $0.43 xxx.xM $ xx.xMn 1605773 CNU.v Continuum Res. $0.23 xxx.xM $ xx.xMn 147979 GPR.v Great Panther. $0.48 xxx.xM $ xx.xMn 1563128 TOP 10... The world's largest silver mines in 2019 Only around 30% of annual supply comes from primary silver mines while more than a third is produced at lead/zinc operations and a further 20% from copper mines. The polymetallic ore deposits from which silver are recovered account for more than two-thirds of the world’s silver resources. We looked at the world’s top 10 mining operations producing silver that are separate reporting units and which have recent mined silver figures disclosed by the owners/operators. Largest silver producing operations in the world – 2019 > source: https://www.kitco.com/news/2021-02-01/The-world-s-largest-silver-mines-in-2019.html

"shore up"? The Yuan does not need any shoring up ! He means to BACK THE YUAN as a rival global currency to the US Dollar

From DrBubb's Diary

CY has made his point, that he is willing to clobber Mainlanders. He needed to do that, to get his "cred" back Now he needs to find a way to get Mainlanders buying the expensive flats again. I think he will Cap the tax, maybe something like I suggested above

Mainland buyers are bailing out The number of mainlanders purchasing HK flats has plunged by more than 90 percent within a month of the Buyers Stamp Duty (BSD) being implemented. But they still account for a huge majority of BSD transactions - Only 25 have been recorded: + Most of the 15 primary flats sold under BSD + 9 out of 10 of the secondary flats (the other was bought by a Singaporean) "A tax of 15% is already very high. I cannot believe they will increase it." - per The Standard Actually, it is choking the highend so badly, I think they will cap it. Maybe something like: The higher of: + HK$1.5 million, or + 5% of the price Whichever is higher.

QE3 was not enough, if the US goes "off the cliff" Fed's Fisher says quantitative easing insufficient to boost U.S. jobs IT Business Net - 7 Hours ago By Ann Saphir GAINESVILLE, Texas (Reuters) - The U.S. Federal Reserve's bond-buying programs alone cannot bring down too-high unemployment, because there is too much uncertainty holding businesses back

Seems to be okay for me TWO STORIES Crude Stays Below $90 as US Budget Talks Falter CNBC - 5 Hours ago U.S. crude futures fell on Thursday, remaining below $90 a barrel, as investors took profits from recent gains after talks to avoid a fiscal crisis in the United States stalled. The new front-month contract Crude Below $90 as US Budget Talks Falter CNBC Silver Vaults Stuffed Mean Prices Rising 29% in ’13: Commodities Washington Post - 4 Hours ago Dec. 20 (Bloomberg) -- Silver Bullion Pte, one of Singapore’s largest suppliers of coins and bars to retail investors, says sales tripled since October, Bullion Market Comex silver futures are valued at about $22.6 billion, compared with $72.4 billion for the bourse’s gold contracts, data compiled by Bloomberg show. Members of the London Bullion Market Association handled an average of $34.7 billion of gold a day in October, and $3.26 billion of silver. Investors own 18,760.34 tons through ETPs, less than 1 percent below the record set on Nov. 15. Morgan Stanley predicts they will add a further 500 tons in 2013. The bank said in a report Dec. 6 that silver is among its top commodity picks for next year, along with gold, corn and soybeans, because it will be boosted by investor demand and a weaker U.S. currency. Central banks are seeking to boost growth through printing money, increasing investor concern the actions will debase currencies and spur inflation. The Federal Reserve said Dec. 12 it would buy $45 billion of Treasury securities a month from January, adding to $40 billion a month of existing mortgage-debt purchases. Silver jumped about 53 percent during the first round of so-called quantitative easing from December 2008 through March 2010, twice the gain in gold. It advanced 24 percent in the second phase that ended in June 2011, about three times more than the other metal. The central bank bought $2.3 trillion of debt in total.

Open-Mindedness / This should also be an essential part of GEI's Mission: /source- The "Mad Scientist" thread : http://www.greenener...pic=17095&st=80

Here's 5 Years History ... update

thanks. stunlee. very useful comment

AAK's back. And he's still speaking as idiocyncratically as always

TLT/Bonds could have started a very meaningful breakdown YESTERDAY ! TLT- 120 was tested on big volume , and held (so far), but the Trendline was broken: TLT : 120.51 -1.24 Open:121.40 / High:121.78 / Low: 119.90 .. Volume: 11.88 million Percent Change: -1.02% What is very interesting indeed, is the way that Stocks (SPY) and Bonds (TLT) have mirrored each other in a rising uptrend, indicated by the 200d MA - over the last 3 years. TLT / Bonds vs. SPY ... TLT-vs-SPY : SPY-vs-TLT Trading Signals - what wonderful trading opportunities are here ! You can "stay in a trade" the whole time, because when you sell one, you buy the other - thnx to mirroring A sign of a possible Breakdown is that the latest TLT-Sell came at a lower level than the last one. So that may mean a TLT top is now in place ! A fall to maybe TLT-110 or lower looks likely now. Stocks may rise as bonds fall, but not necessarily. To put that in perspective, I need to look back more than 3 years.

PRECIOUS-Gold bounces on U.S. dollar but near 4-month low Reuters India - 3 Hours ago SINGAPORE, Dec 19 (Reuters) - Gold regained strength on Wednesday as the U.S. dollar weakened against the euro, but the metal was still within sight of its weakest in nearly four months after signs of Gold Bounces on US Dollar but Near 4-Month Low CNBC Gold bounces on U.S. dollar but near 4-month Nikkei 225 Leads Asian Stocks Higher as Yen Falls on Policy Bets Washington Post - 3 Hours ago Dec. 19 (Bloomberg) -- Asian stocks advanced to the highest since February and the yen weakened amid confidence U.S. lawmakers will reach a budget deal and the Bank of Japan will add to economic stimulus. Nikkei 225 Leads Asian Stocks Higher as Yen Falls on Poli Bloomberg

London versus Rest-of-UK prices I left the UK in 2006, to move to the emerging Top Global financial centre, where prices rose without a currency boost, so I think I saw the future reasonably clearly. HK has sprinted forward, faster than London or NYC, as I have chronicled in the NyLonKong thread. Speaking of seeing the future: Today, it is the huge arbitrage presented by the difference in prices between London and Rest-of-UK which surprises me. With so many boomers at-or-approaching retirement age, I think it is a very easy prediction that it will narrow hugely in the years to come. Once your income is "fixed" at retirement, and you no longer need access to a high-paying job, it makes great sense to sell a London property, cash a big profit, and move somewhere (in the Rest of UK, or even outside the UK) that might cost only half as much, which also has lower living costs. Those that do NOT do this may find their pensions are inadequate if inflation comes. And in inflationary times, London incomes and fixed pension (even more so) will lag behind incomes. House Price appreciation is very unlikely to keep pace when incomes are weaker than inflation. I think anyone who buys in Greater London at this huge price differential needs to have their head examined for lack-of-sense.

London versus Rest-of-UK prices I left the UK in 2006, to move to the emerging Top Global financial centre, where prices rose without a currency boost, so I think I saw the future reasonably clearly. HK has sprinted forward, faster than London or NYC, as I have chronicled in the NyLonKong thread. Speaking of seeing the future: Today, it is the huge arbitrage presented by the difference in prices between London and Rest-of-UK which surprises me. With so many boomers at-or-approaching retirement age, I think it is a very easy prediction that it will narrow hugely in the years to come. Once your income is "fixed" at retirement, and you no longer need access to a high-paying job, it makes great sense to sell a London property, cash a big profit, and move somewhere (in the Rest of UK, or even outside the UK) that might cost only half as much, which also has lower living costs. Those that do NOT do this may find their pensions are inadequate if inflation comes. And in inflationary times, London incomes and fixed pension (even more so) will lag behind incomes. House Price appreciation is very unlikely to keep pace when incomes are weaker than inflation. I think anyone who buys in Greater London at this huge price differential needs to have their head examined for lack-of-sense.

Have you forgotten? It was once a popular "hotspot" for London based BTL investors

Yep. See chart: Percentage increase in types of housing, 1991-2007 herein: http://www.hnm.org.uk/charts/housing-supply.html

Would a Bust in Bonds, finally bring some Good news for Gold Bugs? (they are getting hit by negative sentiment recently): MARK DOW: Here's Why The Gold Trade Is Finally Going Bust Basically goes like this: It used to be that everyone was SURE that QE would cause inflation to boom. They piled into gold, even though that assumption was flawed. Now the mentality is working in the reverse. People believe QE is ineffective, right as monetary policy is starting to gain some teeth and actually work. === Read more: http://www.businessi...2#ixzz2FP5psfGU

BONDS / Headline: T-Bonds A Great SHORT Trade for 2013 ... And 2016*? Go to Page 4 BONDS look like they may be set for a breakdown... to below key support at TLT-$120 =========================================== ( Link to here: http://tinyurl.com/GEI-Bonds ) ... All Data 2022 UPDATE Long Term Bond Charts - An important Low in 2022? TLT / 20+ Year Treasury Bond ETF ... All: 10yr: 5yr: 2yr: 1yr: YtD: 10d / $115.71 / yr.L: 112.62 +2.74% TLT All: 10yr: 5yr: 2yr: 1yr: YtD: 10d / $115.71 LQD / Investment Grade Corporate Bond ETF ... All: 10yr: 5yr: 2yr: 1yr: YtD: 10d / $111.67 / yr.L: 110.19 +1.34% LQD / ... All: 10yr: 5yr: / $111.67 Updated 11/23/2015: http://i273.photobucket.com/albums/jj235/jimolsen2/AF-no1/TLT-all_zpsfc0bo8nv.gif *(2013 was a good year to be short - "... and 2016") was added 11/24/2015