Thoughts on Markets

Thursday, March 24, 2011

A Close Look at SLW HMY DROOY - Gold & Silver Up, Up, & Away

With all the unrest and problems ahead in the unbacked currencies, it is time to "be still and know that I am God" as our Sovereign has said in His word. He is in control. Let us be at peace with faith in King Jesus.

Casey Research:
Doug Casey's Interview on The Money & Wealth Show
This is a good video on current events, inflation, and escalating trouble in currencies, etc. HERE.


Mail On Line:
Who's in charge? Germans pull forces out of NATO as Libyan coalition falls apart
Tensions with Britain as Gates rebukes UK government over suggestion Gaddafi could be assassinated French propose a new political 'committee' to oversee operations
Germany pulls equipment out of NATO coalition over disagreement over campaign's direction. There is much more on disruption and division among the "allies." HERE.

Business & Media Institute:

Unreported Soros Event Aims to Remake Entire Global Economy
Left-wing billionaire's own experts dominate quiet push for 'a grand bargain that rearranges the entire financial order.'
On April 8, a group he's funded with $50 million is holding a major economic conference and Soros's goal for such an event is to "establish new international rules" and "reform the currency system." It's all according to a plan laid out in a Nov. 4, 2009, Soros op-ed calling for "a grand bargain that rearranges the entire financial order."Two years ago, George Soros said he wanted to reorganize the entire global economic system. In two short weeks, he is going to start - and no one seems to have noticed. This from the man who is rumored to have expended many billions around the world pushing for gun control. Now here is something else. HERE.

Mine Web:
Gold, silver and other metals stocks: looking at the big picture
John Pugsley shares his insights on how the global economic situation and the catastrophe in Japan are affecting the prospects for precious metals-related investments. Gold Report interview. I first read Alpha Strategy by John back in the 1970s and have appreciated most of what he has said since. HERE.


Mine Web:
Sprott putting clients in gold and silver ahead of prolonged global uncertainty
The Canadian asset management firm expects a period of prolonged global economic uncertainty and believes precious metals will be the primary winners as safeguards of value. Talk about intestinal fortitude, this is an example. Sprott must believe we are at or very near the third phase. Of course, the move should have been much earlier. I am not certain, yet. It could be, though, and I am not selling the miners even with the huge upward jump. HERE.

Mine Web:
6th consecutive reserve increase keeps Silver Wheaton #1
Silver Wheaton CEO Peter Barnes say the company now "has more silver reserves and resources than any other silver company in the world." Wheaton is in some of my portfolios, because it is a consistent performer and the price is following the escalation of the silver metal price. HERE.































Mine Web:
Harmony shares up 5% on ratings upgrade
Shares in South African gold miner, Harmony Gold, rose just over 5% on the back of a positive investment rating by RBC. Another core holding for me. HERE.


Mine Web:
DRDGold's Blyvoor mine workers to down tools on Thursday in mourning
South Africa's National Union of Mineworkers said Wednesday that 4,200 workers at would down tools for a day on Thursday to mourn the death of 8 miners killed in a bus accident. This is a good observance of mourning. However, it may set DROOY back a bit. HERE.
Miners from Scottrade:

Currencies from KitCo:

Some Prices: FVITF 6.00; OLVRF 1.746; BULM 1.58; SENY 0.80; HHWW 0.75; DOW up 74 to 12159.7; SPX up 9.64 to 1307.18; Gold up 8.60 to 1447.20 (All Time High Range); Silver up 0.61 to 38.03 (Decades High)






Best to each, Doug

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