The bears den

[M]aiev

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Not golding well.. still a laggard. Have to depend on other gold/silver miners to rake it in.

Sent from HMD Global TA-1004 using GAGT

I rather have Rangold or Barriack Gold. I own the latter as it is a great turnaround play.
 

coolhead

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The 2s-10s can stay flat for a long time before anything happens - IIRC in the late nineties the US yield curve was flat for about two years before the recession kicked in, and in that time US equities went up nearly 50%.

Anyway, this is why I built www.istheyieldcurveinverted.net.
It was crazy yesterday, 12 bips yesterday 3pm, 10.2bips at 6pm, 8.8 bips at 11pm. Now it so called normalise to 12bips.
But still keeping track because I will tend to think that any volatility in the stock market will be higher when 2s 10s is inverted.

Sent from HMD Global TA-1004 using GAGT
 

Mecisteus

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It was crazy yesterday, 12 bips yesterday 3pm, 10.2bips at 6pm, 8.8 bips at 11pm. Now it so called normalise to 12bips.
But still keeping track because I will tend to think that any volatility in the stock market will be higher when 2s 10s is inverted.

Stocks are already pricing in a slow down in US economy.

FED is taking a pre-emptive approach to cut interest rates.

In the meantime, just enjoy the ride. I don't think the bull run is ending soon.
 

coolhead

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I rather have Rangold or Barriack Gold. I own the latter as it is a great turnaround play.

With a size like barrick gold, will you consider Kirkland gold instead?
Why will you consider barrick gold? It has substantial long term debt, EPs is only 11cents last quarter. The AISC is quite low at $800 though.
 

Dividends Warrior

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Wow....long time no s-chip scandal....what happened?

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This happened

3f6d64d14d03b360c170ce479508ce3a74e53421.jpg
 

coolhead

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oh i thought recovered already, my JNUG stuck for quite long but now recover to slightly green , i think more will come :s13:
Just in case you are still very much interested in goro, this is their concall yesterday. At the very least, they managed to answer my query about increased inventory and receivables..love the concall and reassuring looking forward.

http://www.goldresourcecorp.com/content/conference-calls/4238285aug07.wav

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Trader11

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How many of you guys think after all the wooha from Trump and China, they will get a deal soon before Trump election? Then all the shorties die like hell....... This scenario is the most underpriced and get alot of people to miss out
 

revhappy

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Germany going to do fiscal stimulus, this pushes up Europe stocks.
 
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