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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Dan Meleney who wrote (43377)7/18/2011 9:14:31 AM
From: Madharry  Read Replies (2) | Respond to of 78661
 
u raised an interesting point dan. but i would argue with you that there is little difference between holding gold and silver and a non dividend paying common stock. in both cases there is no income and the future value is dependent upon what someone is willing to pay for it. so i put them into the same category.

OT I am listening to cnbc and they have been talking about newscorp, now they are talking about the europe debt crisis and the potential for us unability to raise their debt level. this all has to be bullish for gold and silver. are there any good bank anlaysts out there maybe the banks are headed 25% lower ?



To: Dan Meleney who wrote (43377)7/21/2011 3:52:17 AM
From: geoffrey Wren  Read Replies (1) | Respond to of 78661
 
my 2 cents on gold and silver.

I recently looked up silver mining stocks. Some in Canada, some here, most elsewhere. None paying a dividend. If they are not paying a dividend at present prices, when would they?

In looking at "proven reserves", these usually expand as the mine is processed, because as they dig they find other veins. Mines last longer than their indicated lives.

It seems that the gold and silver stocks are priced on the assumption that future prices are dropping. Most feasibility studies assume a much lower price for gold and silver.

If one just thinks the price is going up, the ETF's are a good way to play it: GLD and SLV.

I am watching a few stocks, including TC and MSQ.v. Have not pulled the trigger yet on any of these.