cannuckgold, winedoc. If you do not see interim bulletins from Dines you might

find his comments today  interesting, where he said that Pinetree “owns a broad portfolio of uranium, gold and oil & gas stocks, so highly leveraged (to the upside and downside),  because of the enormous number of warrants it owns”.  I was unaware, or had forgotten, that PNP was so heavily into warrants.

Today’s  commentary went on to add that Pinetree “is understandably down in this market, but we think the decline is overdone.”   Pinetree “now sells for where it sold in March 2006, when uranium sold at $39 - now around $90/lb.  This does not add up, as uranium could rally any time now.”  Dines indicated that PNP’s “support area is around its May 2006 law at 2.50″.  It will be interesting to see if his comments today have any impact on buying interest for PNP tomorrow. 

 Best wishes to you both.  Equiz

silverffox52 @ 23:20 pm.

Excellent! I guess I did not spend enough time doing the research on that site to confirm Deadeye’s heads up announcement earlier.

Back to re-listening to what Dr Paul had to say on Glenn Beck’s show tonight.

Is our TENT great or what?

JBI

12,134,755

strikerrod @ 23:17 pm.

Goodnight, friend. Sleep well and remember that negativity is really a wonderful thing…..when found at bottoms. Have you not seen and read the message on the PLATINUM blackboard?

Cheers!

JBI

PLATINUM - Leading the charge.
plat.png

23:02 pm by Deadeye -I-Bonds

www.treasurydirect.gov/news/pressroom/pressroom_reducedpurchaselimit.htm

Too Much Negativity Tonight ….

Been away the last couple days and trying to catch up on the postings.  Personally, not liking what I’m reading here tonight about what could happen to the pm stocks in the event of a market crash  ….. so I’ll just call it a night and hope for much better days ahead …. goodnight all.     

Deadeye @ 23:02 pm.

Thanks, Deadeye. I own a small amount in one of my IRAs but, even though your contrarian thesis holds water, I believe that the total return on such a simple investment as junk silver coins will be greater over the next 5-10 years. You’ve fed me some food for thought, though, and may have to rethink what I thought I had already re-thunk! :lol:

Thanks a mil for the heads up.

JBI

credit union

shifted my banking business to a credit union today. they have no mortgage backed securities or other toxic waste that is floating around. best deal around on credit cards also. no annual fee. banks are going to be generating fees in every way, shape, and form to rebuild their capital base. that means customers are going to pay more (what else is new?).

lots of new money flowing into the oil and gas business. wish i was smart enough to dream up a new scam to fleece those investing in an area they know nothing about; kinda like mortgage back securities investors.

rno

Silverngold…..

….Excellent Original Analysis there …….
If you are correct….then in your scenario a little Physical will go a Long way…..

…its always been a gamble to own PM Stocks……I realize that now……one day your scenario will likely come to fruitionI guess its up to each of us to decide based on Age, Temperment, Financial Wellness
and other factors…when to turn it all in to Physical…….I must admit that my plan of converting a good portion on this anticipated iii of 3 of III run up in the PM Shares…..may have to be tempered…and perhaps I will start to convert a little on a regular basis starting now.
….So far though I am still trusting the Charts…and the Long Term Bull of PM Stocks riding with the Physical Bull…all the way up….

..I agree its easy in this enviornment where we watch our Micros and Juniors underperform for years….to never see an end…however isnt tht what bottoms are made of..?,,,

…..This is a good discussion here…….I am listening to all sides…..

…lets face it those of us addicted to PM Shares will one day be left holding the Bag….the trick is to make sure your Physical Bag is full enough for you to gamble with the Paper Bag….cheers FGC

silverngold December 18, 2007 at 22:42 pm

That’s an interesting scenario but pretty much impossible  to prove that it will play out in the fashion you that you think it will.  Of course if you believe it strongly then you must sell all your PM stocks but in IMO there is just not enough evidence to be able to tell what is going to happen to justify that course of action.

Best, ipso

(Just_Buy_it) I went to the bank today and verified

new reduced limit on buying I Bonds - also will apply to Treasury Direct purchases. I am going the limit. If they don’t want me to have them - I MUST have them as a contrarian. I have gold and silver and Treasuries as Sinclair suggests. I am not happy with the dollars of the treasury but I have to be cautious and diversified.

I will try to post a notice I got from the Treasury on these new limits in the morning. goodnight for now. Deadeye

Jesse on the Dollar

jessel.100megsfree3.com/DX.png

Deadeye @ 22:20 pm.

Are you sure about the new limit on those I-Bonds? I cannot verify, but find it very telling and significant. Is the government throwing in their first towel and trying to lower their expenses, knowing that infaltion is heating up and their payouts in these of securities will be much higher? Link below, updated November 30, still shows limit at $30,000.

tinyurl.com/2lpyyq

JBI

Silverngold

I dunno about bankrupting all the shares but I know exactly what you mean by a re-examination of holdings and dreams of riches. Maybe I need to accept the fact that I screwed the pooch buying into the gold stock game and be satisfied that I did well owning physical.

 Funny, I should be sort of celebrating the bounce today but…

Floridagold

Thanks for responding to my post. Here’s the thinking that is forming in my imagination, and it ties in very neatly with many others thinking here.

The Amero is being created with the blessings of three governments: Canada, US, and Mexico. Why??? Because it will be backed by all the nationalized mines in these three countries. The US will not allow an audit of their gold holdings because they do not have any except “Deep Storage Gold” which is all the gold that has yet to be mined in the US (All the mine reserves). Canada has publicly stated that they have sold all their gold holdings… probably knowing that the “plan” is to nationalize the mining industry in Canada to recover their gold. Mexico wants to be a part of the “group” so they will do the same thing. When the Amero is introduced, it will have the backing of all the precious metals from these three countries.

As an alternative thought, rather than nationalizing the mines, TPTB may simply use “their” large mining companies to accomplish the above. They already control most of the large companies, either through their share ownership or through their management, so as the smaller miners and explorers go bankrupt it will be easy to pick them up and add their reserves to the “parent” company.

What is happening now is the first stage of implementing this plan…. that is, forcing the cost of mining up to the point where mining is no longer profitable, and this will cause the mining companies to go bankrupt… along with their stock… so they can be taken over by the three governments, or alternatively, the large mining companies, at virtually no cost. This is all orchestrated through two primary means.
1) Inflating the underlying currencies into worthlessness which raises expenses so the mines cannot be profitable. This is happening in both the US and Canada, and has been going on at an ever accelerating rate. Mexico is joined at the hip so it is happening there too.
2)Naked shorting the PM shares at the same pace as the currency devaluations…. taking them down to the bankruptcy point so that there can be no hue and cry from the Victims as their shares become worthless and the bankrupt miners reserves get transferred to their new parent.

This fits my earlier thinking that the brokers were brought into this plan and  that is why they had their “race to the bottom” on their commissions. It also fits the picture that has been painted on the charts….. all the: “up is down”…. “good is bad”… etc that has never happened before but is now the rule rather than the exception. They, the brokers, have the great and powerful Goldman Sachs orchestrating this whole production which is robbing us of our life savings and more.

I’m sure someone much brighter than I could see the whole system being manipulated to create the “perfect environment” for the transformation to the Amero. The general public won’t care when this happens because they have no ownership or interest in PM’s anyway…. and if the Amero is going to be backed by gold and become the new currency, replacing the worthless and unbacked US Buck, it will be easily accepted.

Now, if I am even close with this, our shares are going to continue down until they are worthless. So I have to make some decisions about where to abandon my PM’s and all my visions of wealth, and accept the fact that I have been wrong in my past thinking….. that PM shares are history…. and that I am getting out with what is left.  But then what?????? I dunno!!! I can only hope that I am having a very bad dream!!!

silverngold

maya 21:43

yaya the i-man of the 60-70s. to every women caller…he was a blast whacko in them days [had lots of white nose too] when he showed up for work which was perhaps half of the time. ’say halalouya’
in that life i worked as a loss control investigator with security insurance group [gulf and western co] and in the mornings driving to various locations on the jersey turnpike or garden state parkway etc i would be laughing my butt off at some of the radio antics. memories memories. in later years he became mucho mello until he was bopped last year for the famous ‘ho’ down..but now back on abc radio from 6-10 in the morning but sure not the same as the 60s-70s era. wj