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Gold/Mining/Energy : Silver prices -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Slevin who wrote (7385)	5/1/2006 5:47:18 PM
From: IngotWeTrust	Read Replies (1) \| Respond to of 8010

TRE isn't even close to being a "small miner." All they are doing are talking a big game and poking holes in the ground over there. They've stumbled across some pyrope garnets and illimenite and think they've got the world by the tail. All they have of the 3Ms is funding and a portfolio of metal licenses to pour money into like sand into a rathole. If Sinclair is a "mining manager" then I am an ballet dancer. The one promising property they have, Luhala is the very same mine prospect Sinclair was involved with before, when he was Sutton management, and according to Canadian news sources, was on duty, managerially when over 50 native miners were buried alive. It's a disgusting story--and WAAAAAAAY overpriced by momo know nothings who like a good story. Now if we were talking Sinclair the Gold Futures Trader, THAT would be a different story. Have total respect for Sinclair the Gold Trader even tho' I don't like his moslem leaning liberal/bleeding heart politics one iota. G_T

To: Patrick Slevin who wrote (7385)	5/1/2006 6:49:10 PM
From: Louis V. Lambrecht	Read Replies (1) \| Respond to of 8010

Clearing. At the end of the day, a broker would sum up his trades with each other broker and transfer only the balance "clear" the accounts. Some brokers are "clearing members" and offer clearing services to smaller brokers. As the large broker have a seat and are their own clearing member, the process cannot be transparent. My COT charts, yeah!, not heralding them <ggg>. They are not very usefull as they are published as per close of the Tuesday session, and OI is published as per close of day-1 session. I only use them as the confirmation of long term trends. For those interested, I update these regularly near Friday's close. lvlamb.itgo.com Don't ask me to comment them, as only long term is of any interest. Also, trend changes cannot be spotted better then a 3 weeks granularity. Useless for swing traders. All it tells me now is that gold OI is less volatile these last 6 months and keeps rising. I translate this as strong trend upwards with few speculation. For silver: close to reversal OI up and higher prices, unless a break of a multi-year trend. Many gurus woul tell the same, even without those charts. <vbg> Miners selling forward: there are as many contracts as people. A miner selling future production at a fixed price is plainly a stoopid manager. You can secure a loan with a bank on future production and still have a varying principal in "value of" the weight of the metal. The opposite being a CB as the ECB which accounts for the 15% gold reserves "in value of", not as a weight of. When you think you could find the answer to a question, you obviously missed something. LOL. Nah! No links. What is printed is history, what comes on the net is obsolete. <ng>