I'm sure you're aware the banks have been doing this for
sometime now. However; in order to qualify the mortgagee has to be
3 months behind in payments.So anyone who's current is not
eligible. In BOA's case, this is an attempt to clear out all the
garbage they bought from Angelo Mazzillo/ Countrywide. Pathetic...
This is like telling people to stop paying your mortgage and you'll
be rewarded.
You're right the gold related ETF's have been leading and have
been a preference over mining shares. The gold ETF's haven't
corrected nearly as much as he miners.
I think eventually the miners will start to out perform based on
comparative valuation
with gold ETFs. When? who knows, but many have already been cut
in half from the highs, some even more. For example, look at
IAG with a PE in the 5's, an EPS of 2.14
The community is delayed by three days for non registered users.
OMG ! That's great, Spanky...
Here's a good depiction of the FOMC
Posted by kc on 18th of Sep 2013 at 04:30 pm
OMG !
That's great, Spanky...
its the Bilderbergs!
What's going on with Gold and Silver tonight?
Posted by kc on 3rd of Jan 2013 at 08:35 pm
I don't know about a secret world order,
but if we close below $1636 things could
get ugly. Everybody's looking at the same charts.
gdxj
gdxj
Posted by kc on 24th of Dec 2012 at 10:57 am
GDXJ is also trading Ex-dividend today.
Pay date is the 31st
GDX
GDX Trading X Dividend Today
Posted by kc on 24th of Dec 2012 at 09:55 am
GDXJ is also trading Ex-dividend today.
Pay date is the 31st
Newletter
Newsletter Format
Posted by kc on 16th of Nov 2012 at 09:26 am
Yup
I agree.
It makes it a lot easier to check a particular chart during the day.
just an observation
just an observation
Posted by kc on 15th of Nov 2012 at 05:59 pm
I think you're observing what a lot of us are thinking.
Why have a system based on price or MA if the determinate is the macd?
where do you check this?
Gold Commercials did reduce shorts by about 15,000 contracts but still short over 200,000 . SPX and NAZ Commercials slowly reducing shorts but still have short positions.
Posted by kc on 10th of Nov 2012 at 05:09 pm
http://news.goldseek.com/COT/
Bernanke
Bernanke - super pump
Posted by kc on 13th of Sep 2012 at 08:46 pm
Funny!!
Hurry, somebody take a picture
GDX comments
Posted by kc on 9th of May 2012 at 10:32 am
Hurry, somebody take a picture of GDX. It's green!
BOA mortgages
BOA offers principal reductions on Mortgages
Posted by kc on 8th of May 2012 at 01:21 pm
I'm sure you're aware the banks have been doing this for sometime now. However; in order to qualify the mortgagee has to be 3 months behind in payments.So anyone who's current is not eligible. In BOA's case, this is an attempt to clear out all the garbage they bought from Angelo Mazzillo/ Countrywide. Pathetic... This is like telling people to stop paying your mortgage and you'll be rewarded.
I think I read that
Miners - I think are a steal down here...
Posted by kc on 8th of May 2012 at 10:01 am
I think I read that same thing in an article on Kitco.
That's the thing I have a problem with as well.
I continue to underestimate the extremes in PM's.
Reversion to the mean. Whenever everyone's
GDX comments
Posted by kc on 2nd of May 2012 at 02:47 pm
Reversion to the mean.
Whenever everyone's on one side of the boat,......
The gold shares are trading as if gold were $700.
The gold ETF's are trading in line with the metal.
Which one's cheaper?
You're right the gold related
GDX comments
Posted by kc on 2nd of May 2012 at 02:16 pm
You're right the gold related ETF's have been leading and have been a preference over mining shares. The gold ETF's haven't corrected nearly as much as he miners.
I think eventually the miners will start to out perform based on comparative valuation
with gold ETFs. When? who knows, but many have already been cut in half from the highs, some even more. For example, look at IAG with a PE in the 5's, an EPS of 2.14
and a .25 dividend.
Just a thought
OMG, is that funny...
TRX UP 5,15% MUX UP 4,03%
Posted by kc on 26th of Apr 2012 at 10:17 am
OMG, is that funny...
Funny!
CNBC just got their memo......
Posted by kc on 25th of Apr 2012 at 03:20 pm
Funny!
USG
USG
Posted by kc on 15th of Mar 2012 at 04:00 pm
Yup, building mat.
US gold is now MUX
mfn being bought by paas
Posted by kc on 23rd of Jan 2012 at 09:27 am
mfn being bought by paas
We're all insane for doing
gold
Posted by kc on 29th of Dec 2011 at 02:18 pm
We're all insane for doing this, but you might be right.
Next week, we'll see.
Too much media talk about $1265.
BAC
BAC
Posted by kc on 23rd of Dec 2011 at 09:37 am
I agree. Reverse split?
Enjoy it Matt. It seems like
I posted this in the off topic section
Posted by kc on 19th of Oct 2011 at 04:25 pm
Enjoy it Matt.
It seems like you blink and they're 18.
All the best