4471
Shares / Re: Today's Outlook
« on: May 16, 2013, 02:27:15 pm »
Rant at R9.37 to dollar ..... 
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4474
Shares / Re: Gold & Gold Shares
« on: May 15, 2013, 08:54:26 am »
Ag tog...........1412......... 
4475
Shares / Re: Gold & Gold Shares
« on: May 14, 2013, 08:49:12 am »
From MoneyWeb
JOHANNESBURG - The payments made by South Africa’s major miners towards the salaries of National Union of Mineworkers (NUM) officials were the subject of a lengthy discussion at the annual general meeting (AGM) of AngloGold Ashanti (JSE:ANG) on Monday, after a shareholder called for an immediate end to the practice.
JOHANNESBURG - The payments made by South Africa’s major miners towards the salaries of National Union of Mineworkers (NUM) officials were the subject of a lengthy discussion at the annual general meeting (AGM) of AngloGold Ashanti (JSE:ANG) on Monday, after a shareholder called for an immediate end to the practice.
4476
Off topic / Re: Check out my bike..
« on: May 13, 2013, 03:30:47 pm »
Nice, well done. I would go as far as to say that impressed me more than CML share price.
4477
Shares / Re: Commodities
« on: May 13, 2013, 02:08:50 pm »
Mr Bond, u did watch the video I take? u did notice they are both blonde....
4478
Shares / Re: Gold & Gold Shares
« on: May 13, 2013, 09:05:17 am »
I feel OK about SGL, it is now 14% of my portfolio. They predict a 98c earnings and a good dividend policy. Thus I hope to shoot the lights with this 1, once that happens.
4479
Shares / Re: Pulverized Sand Box
« on: May 10, 2013, 09:56:09 am »
I like your bike ...... 
, wish u all success.
, wish u all success.
4480
Shares / Re: Pulverized Sand Box
« on: May 10, 2013, 09:49:19 am »
Nope. there is more gold in 1 ton of cellphones that in 1 ton of mining gold ground. Google How to recover gold from old cell phones. In China u can sell u cellphone to people for that usage.
I think jewelry is only 1/3 of usage of gold, others are electronic/investment and so on. They actually have ATM's thingies in Europe where u can purchase gold coins.
I think jewelry is only 1/3 of usage of gold, others are electronic/investment and so on. They actually have ATM's thingies in Europe where u can purchase gold coins.
4482
Shares / Re: Where would you put your cash now? States? Europe? SA?
« on: May 09, 2013, 06:14:15 pm »
Not that I am an expert on this subject, but I would have loved to be in your shoes. U can invest in Apple, Microsoft, Coke, Walt Disney and so on. Maybe have a look at what the funds do, i.e. how much they invest offshore %, and follow suit. U obviously have to look at tax implications and so on.
Like I said I am not an expert on this.....
Like I said I am not an expert on this.....
4483
Shares / Re: Gold & Gold Shares
« on: May 09, 2013, 07:33:11 am »
This is some1 from JPMorgan, yes the same JP Morgan that indicated few ago gold at 1350 / 1100, which started the fall in gold and are causing people to lose their jobs in gold sector.... go figure.
J.P.Morgan Caznove’s Allan Cooke, Steve Shepherd and Abhishek Tiwari believe gold will average about $1,600 an ounce this year but should finish strong and trade near $1,700 by the end of year, where it will stay through 2014. Of course, that’s down from their previous forecast of $1,800 and ounce. In an environment where the SPDR Gold Shares (GLD) has dropped 13% during the past three months, that’s practically shouting from the rooftops.
“The gold price corrected sharply in April and is seen supported by retail and central bank demand, ongoing monetary stimulus in the US, Japan and Europe and ultra low interest rates in the developed world,” the three analysts write.
A gold recovery would surely boost gold miners, who have been hammered by worries that the price of gold would fall below their costs. The Market Vectors Gold Miners ETF (GDX), for instance, has dropped 38% this year.
But South African miners have their own issue, Cooke, Shepherd and Tiwari say:
We remain concerned SA gold share ratings may languish despite our undemanding valuations since catalysts appear negative to us in the near term. The local labour climate remains troubled with wage negotiations set to begin in June. They will be difficult given the unfortunate precedents set last year in the platinum industry and ongoing, bitter union rivalry. The pullback in the gold price hasn’t helped ratings and gold shares have, unsurprisingly, sold off sharply. This is an opportunity to buy selectively, in our view.
Their favorites include Gold Fields (GFI), which is the least exposed to South Africa, , and Sibanye Gold (SBGL), which has nothing but South Africa exposure yet has been beaten down enough to warrant an upgrade to Outperform from Neutral.
They also like Randgold Resources (GOLD) and Istanbul-listed Koza Gold. “These stocks are defensive by dint of their relatively high free cash flow margins and strong growth prospects, in our view,” Cooke, Shepherd and Tiwari say. “We expect our gold share picks to outperform gold/ETF (+15%) on a 12m view.”
Gold Fields has gained 1.2% to $6.81 today, after dropping 37% through May 7, while Randgold has risen 1.9% to $79.62 today, after dropping 21%. Sibanye, which was spun out of Gold Fields earlier this year, has surged 7.9% to $3.81 today, after plunging 36% during the past month.
J.P.Morgan Caznove’s Allan Cooke, Steve Shepherd and Abhishek Tiwari believe gold will average about $1,600 an ounce this year but should finish strong and trade near $1,700 by the end of year, where it will stay through 2014. Of course, that’s down from their previous forecast of $1,800 and ounce. In an environment where the SPDR Gold Shares (GLD) has dropped 13% during the past three months, that’s practically shouting from the rooftops.
“The gold price corrected sharply in April and is seen supported by retail and central bank demand, ongoing monetary stimulus in the US, Japan and Europe and ultra low interest rates in the developed world,” the three analysts write.
A gold recovery would surely boost gold miners, who have been hammered by worries that the price of gold would fall below their costs. The Market Vectors Gold Miners ETF (GDX), for instance, has dropped 38% this year.
But South African miners have their own issue, Cooke, Shepherd and Tiwari say:
We remain concerned SA gold share ratings may languish despite our undemanding valuations since catalysts appear negative to us in the near term. The local labour climate remains troubled with wage negotiations set to begin in June. They will be difficult given the unfortunate precedents set last year in the platinum industry and ongoing, bitter union rivalry. The pullback in the gold price hasn’t helped ratings and gold shares have, unsurprisingly, sold off sharply. This is an opportunity to buy selectively, in our view.
Their favorites include Gold Fields (GFI), which is the least exposed to South Africa, , and Sibanye Gold (SBGL), which has nothing but South Africa exposure yet has been beaten down enough to warrant an upgrade to Outperform from Neutral.
They also like Randgold Resources (GOLD) and Istanbul-listed Koza Gold. “These stocks are defensive by dint of their relatively high free cash flow margins and strong growth prospects, in our view,” Cooke, Shepherd and Tiwari say. “We expect our gold share picks to outperform gold/ETF (+15%) on a 12m view.”
Gold Fields has gained 1.2% to $6.81 today, after dropping 37% through May 7, while Randgold has risen 1.9% to $79.62 today, after dropping 21%. Sibanye, which was spun out of Gold Fields earlier this year, has surged 7.9% to $3.81 today, after plunging 36% during the past month.
4485
The Investor Challenge / Re: Meaning of greyed out names - Leaderboard ?
« on: May 08, 2013, 09:43:46 am »
What concerns me more is that porno_ster is 48th and I am only 223rd . Thus he/she has a better job than me, and they are better at investing....