Poster’s Paradise archive data for 2009, added on a daily basis at 5:13AM EST Goldtent management is not responsible for the content or accuracy of the posts *** DO YOUR OWN DUE DILIGENCE***
"There is only a relatively small group of investors who very seriously believe that there is a high level of risk that the (financial) system could break down. You only need a relatively small group to believe this to move the price of gold." In other words, the metal's price behavior reflects the trivial obsessions of a discredited fraction of investment opinion.
-Alan Greenspan
-> Posted by Equisetum @ 19:34 pm on October 31, 2010
Just so other Goldtenters do not think from my 19:14 posting that I am piling on and pumping SLW too much, in my opinion SLW needs no pumping from a tiny SLW investor like me. My sole point, in case anyone missed it, is that I think Silver Wheaton`s U class warrants are an alternative to consider for anyone who has already decided on their own techical and fundamtal analyses that Silver Wheaton deserves to have a place in their present PM portfolio.
Although I posted it before on Goldtent, here is a chart of recent price changes in SLW.WT.U.
-> Posted by silverngold @ 19:29 pm on October 31, 2010
That is a great video that needs to be watched…. and not only watched but also forwarded to your email list. We at the tent know much of what is presented but the majority of citizens have no clue yet. They need this wake up call, so please pass it on. Here’s the address again. Time to act may be shorter than any of us know. http://inflation.us/videos.html
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ADDED BY auDept
-> Posted by Equisetum @ 19:14 pm on October 31, 2010
I hope the link below comes through accurately on Goldtent. The important point shown in the attached link is that the SLW class B warrants have an exercise date that ends on 22 Dec. 2010, whereas the class U warrants for SLW do not expire until Sept. 2013.
If I was an investor in SLW class U warrants (which I am ), I would hang onto those class U warrants for SLW until at least the early part of 2013. I could be wrong, because I have been wrong before in PM investing, but in my opinion class U warrants of SLW are now a good bet if you have cash to spare.
Then, on the other hand, if you have cash to put into the PM sector, why not just buy some shares of SLW, and not fool around with these warrants. Good question. One reason to assess this question is that I think the SLW class U warrants are going to give you more leverage than the SLW shares, in what I expect to be the SLW upward trajectory between now and September 2013.
Just my opinion, Equiz. Other Goldtenters, please post if you think I am wrong in the enthusiasm expressed above.
Handing out some food stuffs.around town….landlord lost 375 lobster traps at about 100 bucks a trap..as did many other fishermen… ..Government did ok but not too good…
Took a trip to Belmopan…the jungle is in shock….it looks as if it is dying…and about 30 ft. off the top is gone….all the way from me to Spanish Lookout 65 miles..in…
But as usual Pomona is high and dry at 240 ft. above sea level…Sorry Claptona wrong about that, and everything else you wrote, you miserable, negative, lonely jerk [and by the way those are not my opinions ]..me …I kinda feel sorry for ya…
I will have more to say about the misinformation the wordsmith threw about at a quiet time …now I am busy with things that are positive…
Cayo got hit with some floods though..hmmmm
-> Posted by Deepbreather @ 18:51 pm on October 31, 2010
…of a quick drop the $1300-1310 this week which would be a “healthy” move to shake out remaining weak longs and allow some short traders to get out. With the number of shorts (COT data) any move higher could/would be retarded. There would be plenty (shorts) remaining even with a fifty dollar drop to create a substantial short squeeze. Nothing to base the drop on, but Tuesday/Wednesday are dangerous days for traders and wimps.
-> Posted by AGoldhamster @ 18:41 pm on October 31, 2010
I have another broker - igmarkets in London - they also have gold at 1364 … and also DOW is around 60 points higher than friday … so I have now doubt about their quotes.
Though I too “don’t like these type of opens” … pretty often then a correction starts, for couple of hours or even more. Though maybe his time everything is “different”.
We’ll see.
they close/open for a fresh 24 hour turn at 20:00et so i never go with thier open/close factors if one can even call it that just thier current tic with the continuation spot charts. richard’s dec r/t contract quotes are from the ny open outcry friday close at 13:30et and nowhere i have found quotes from the 17:15 ny electronic close logged as a closing factor. hope this helps in understanding the various quote characteristics of differing boards. in this day and age open and close are imho ‘barbaric relics’ cheers wj
Here is how SLW/WB.to warrant is looking right now on my daily chart. It has just generated a fresh SAR buy signal, and is ready to blast off much higher.
-> Posted by Richard640 @ 18:17 pm on October 31, 2010
There will be no more action for the night-just wheel spinning…most probable scenario is G down 8 bucks and silver down 30 cent by morning…but despair not…that’s how we got from $250 gold to where we are now…Nytol
Yes, Samb your symbol SLW/WB.to is correct as I found out from support at stockcharts. They also told me if I wasn’t sure about a symbol to just start typing it on the stockcharts home page in create a chart, and it would come up.
So I tried it, Equisetum, and the SLW/WB.to came up but nothing about the U warrant. So they must be missing that one.
Thanks again. I guess warrants will get hot again as they were back in 2005. Just as an aside, I was looking at number of charts over the weekend, and on the strong ones, volume seems to be exploding. It really does look like Nasdaq stocks before they started to soar in the nineties. Real good essay by Wright, one of Hamilton’s associates, on GE, that shows how undervalued the stocks are here compared to GOLD, and how much catching up they really have to do. GT and GL, looking forward to this coming week.
cheers wj
