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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (43247)	4/30/2013 12:44:10 PM
From: Wade	Read Replies (1) \| Respond to of 48092

Thank you for supporting GDX index for us. <G> ...but, do you know why NEM dropped 7%? I stick to GG and RGLD for the big golds.

To: Jacob Snyder who wrote (43247)	4/30/2013 1:01:41 PM
From: Mike M2	2 Recommendations Respond to of 48092

re: paying for storage another concern is the gold really there and will your "' allocated gold" be there or has been rehypochecated to infinity. MF global clients discovered their warehouse receipts for allocated gold did not protect them but "the law" has protected corzine so far.

To: Jacob Snyder who wrote (43247)	4/30/2013 4:15:54 PM
From: selivanov	Respond to of 48092

"Serial QE = gold bull market. Everything else is noise" Paper gold means naked shorts. Therefore EVERYTHING is noise. Especially Jacob Snyder's "analysis".

To: Jacob Snyder who wrote (43247)	5/1/2013 1:48:51 PM
From: Jacob Snyder	Read Replies (2) \| Respond to of 48092

NEM pro/con: Con: 1. Newmont is expecting the average annual attributable production at its Minas Conga deposit of about 300,000-350,000oz/year of gold and about 80-120M lbs/year of copper in the first five years of production. (this production is in doubt) seekingalpha.com 2. The cost from "mine to refine" has been estimated to be, industry wide, about $1,200/oz... ... Newmont's cost: $1,295/oz in 2012. seekingalpha.com Pro: 1. Goldman Sachs advised clients to short gold (a contrarian signal) 2. recent economic weakness globally (Europe, China, etc.) and falling commodity prices (copper especially) indicate QE4 is probable. Serial QE = gold bull market. This has been true, and will continue to be true, no matter what the "official" inflation rate is. 3. $1,200/oz production cost. This is a pro, because it means low gold prices are a self-correcting problem. In the last recession, when oil got below $80, high-cost production (tar sands) and high-risk (ultra-deep water) got shelved, and not restarted till oil got back above $80. The same should apply to gold. Any decline in gold below $1200, for any reason, is likely to last only a few months at worst. 4. disproportionate stock price decline: gold down 23% ($1924 to $1476) NEM down 54% ($69 to $32) 5. valuation at low end of LT range: dividend at all-time high P/S 1.6, below 2008 low PE TTM 9, well below 2008 low P/B below 2008 low ycharts.com Anything missing or wrong on this list?