Showing posts with label Stimulus. Show all posts
Showing posts with label Stimulus. Show all posts
Monday, August 03, 2015
Saturday, February 28, 2015
Rob McEwen: Los Azules Copper - "The Glimmer of Hope for Argentina."
It looks like there is some interest to Los Azules Copper project in Argentina now. Political situation will change later this year and this kind of giant copper deposits are not coming along every day. Who is on the property now? Hopefully we will have more information at PDAC.
Kirill Klip.:
Rob McEwen: Los Azules Copper - "The Glimmer of Hope for Argentina."
Rob McEwen was presenting at BMO Capital Markets conference this week. It is the very interesting presentation and you can find it on the McEwen Mining website. The most interesting for TNR Gold was his comment on the recent situation in Argentina. He sees "the glimmer of hope" with the coming elections in October later this year: "Producers are making their enquiries about the Los Azules Copper project and one of them is on the property now."
Please read carefully my legal disclosure and do not get very excited or make any investment decisions based on this public information from Rob McEwen. I personally think, that it is the very encouraging update from Rob on Los Azules Copper status. His view on Argentina and the changing mining landscape confirms the Yamana Gold and Goldcorp news we have discussed before. There is a long way from the any visit on the property to the signed contract, but magnitude of Los Azules Copper will speak for itself one day - you can find more information on TNR Gold website. Higher copper prices will be the catalyst here and today's news from China has ignited 2% rally in very oversold Copper. We will see soon whether it becomes the sustainable trend. As Rob has mentioned: "This is the time to look at valuations for the best projects."
TNR Gold Receives Royalty From McEwen Mining On "One Of The Largest Undeveloped Copper Projects".
Please read carefully my legal disclosure and do not get very excited or make any investment decisions based on this public information from Rob McEwen. I personally think, that it is the very encouraging update from Rob on Los Azules Copper status. His view on Argentina and the changing mining landscape confirms the Yamana Gold and Goldcorp news we have discussed before. There is a long way from the any visit on the property to the signed contract, but magnitude of Los Azules Copper will speak for itself one day - you can find more information on TNR Gold website. Higher copper prices will be the catalyst here and today's news from China has ignited 2% rally in very oversold Copper. We will see soon whether it becomes the sustainable trend. As Rob has mentioned: "This is the time to look at valuations for the best projects."
TNR Gold Receives Royalty From McEwen Mining On "One Of The Largest Undeveloped Copper Projects".
Goldcorp: Confident In Argentina; Eyeing Free Cash Flow – Chuck Jeannes.
Argentina is coming back to radar screens now, elections this coming Fall will bring the new catalyst. Now Goldcorp is talking about its investments in the country. Chuck Jeannes tale about The Peak Gold in 2015 as well now. Read more."
Los Azules Copper: "Argentina's Mining Landscape Improving, Cerro Morro A Go – Yamana CEO."
"More and more good news are coming from Argentina these days. Country will face elections this year and smart money are already positioning themselves in the best undervalued projects. Nothing should be taken as an investment advise on this blog, please always do your own DD and read my full disclosure.TNR Gold is very fortunate to have McEwen Mining as its partner at the world-class Los Azules Copper project. With lower copper prices and perception of the investment risk in Argentina all valuations were driven into the ground. The return to the mean could be potentially dramatic as well. Gold Corp will put its new mine into production in Argentina this month, Yamana is moving forward with Cerro Morro and China is solidly on the track to secure supply of commodities from Latin America. I do not know when, but Los Azules Copper will be back on the radar screens of the investors one day and its fundamentals will speak for themselves.Now you can more appreciate the step by step approach in the development of Mariana Lihium by our J/V with top Lithium producer from China - Ganfeng Lithium. Please stay tuned for the update on our next phase development programmes. You can check more information on the links provided below and in our latest presentations on this blog. Please always consult you financial adviser before making any financial decisions, all latest financial information for TNR Gold and International Lithium can be found in the SEDAR filings and websites of the companies. Read more."
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Tuesday, February 10, 2009
Decoupling the forgotten Dirty Word - Gold buying frenzy in China. GDX, HIU, XAU, AUY, FXI, TNR.v, RMK.v.
As Don Coxe has recently put it: "High unemployment in USA does not mean that everybody else became poor". We can see some encouraging signs from China: economy was based on export and it has fallen dramatically, but consumer side of things is just at the very beginning in China. Few Asian strategist start to talk about decoupling again. As you remember we were strong believers in decoupling and are seeing more and more signs confirming it. The Great Bull in commodities maybe has just a brief pause after all: to clean up the bet on over leveraged Western consumers and make a strong base for future development based on more prudent monetary system.
Gold buying frenzy in China
Source: CCTV.com
02-10-2009 17:25
As the financial markets reach some of the lowest points in decades, gold continues to shine in China. Sales of gold jewelry and Chinese New Year themed gold products are more popular than ever.
Sales of gold products reached their highest point in the beginning of this year in Beijing's major shopping centers. Beijing Caibai Shopping Mall says its revenue from gold jewelry reached nearly 330 million yuan in January, up nearly 40 percent year on year.
Wang Chunli, general manager of Beijing Caibai Shopping Mall, says, "most people are buying gold bars as part of a new year collection or as an investment."
Mr Shen, a consumer, says, "I invested in a few gold products. The markets for stocks and funds last year were terrible. So gold is enjoying good earnings. The gold I bought was only 90 yuan per gram. But now it's worth over 190 yuan per gram. So I am thinking I should invest more money in gold."
Ms Xiao, a consumer, says, "I bought this gold bar when it was only 93 yuan per gram. But the price has gone up to nearly 200 yuan per gram, so I am thinking about selling it. "
Analysts say gold is easy to store, and is the safest investment. That's why the market is seeing a surge in the number of consumers buying gold now.
World gold prices reached a record high of 1,030 US dollars per ounce last year. By year end it had dropped by 15 percent. Experts say that compared with other financial products, gold suffered the least from the financial meltdown.
Wang Lixin, Great China manager of World Gold Association says, "gold is a very solid asset. It does not belong to any countries, or governments, or institutions. And its connection to financial products is very low. Its value does not fall with stocks or funds. The overall performance of gold has been quite stable in the past. So we see lots of people diversifying their investments and putting money into gold."
A consumer says, "the financial crisis is so terrible. But the price of gold won't drop. So it could come handy if I need some cash."
Analysts say investments like stocks, bonds, and real estate are highly connected to economic performance. They rise and fall at the same time. Chinese consumers now believe gold is a very good product for holding its value.
02-10-2009 17:25
As the financial markets reach some of the lowest points in decades, gold continues to shine in China. Sales of gold jewelry and Chinese New Year themed gold products are more popular than ever.
Sales of gold products reached their highest point in the beginning of this year in Beijing's major shopping centers. Beijing Caibai Shopping Mall says its revenue from gold jewelry reached nearly 330 million yuan in January, up nearly 40 percent year on year.
Wang Chunli, general manager of Beijing Caibai Shopping Mall, says, "most people are buying gold bars as part of a new year collection or as an investment."
Mr Shen, a consumer, says, "I invested in a few gold products. The markets for stocks and funds last year were terrible. So gold is enjoying good earnings. The gold I bought was only 90 yuan per gram. But now it's worth over 190 yuan per gram. So I am thinking I should invest more money in gold."
Ms Xiao, a consumer, says, "I bought this gold bar when it was only 93 yuan per gram. But the price has gone up to nearly 200 yuan per gram, so I am thinking about selling it. "
Analysts say gold is easy to store, and is the safest investment. That's why the market is seeing a surge in the number of consumers buying gold now.
World gold prices reached a record high of 1,030 US dollars per ounce last year. By year end it had dropped by 15 percent. Experts say that compared with other financial products, gold suffered the least from the financial meltdown.
Wang Lixin, Great China manager of World Gold Association says, "gold is a very solid asset. It does not belong to any countries, or governments, or institutions. And its connection to financial products is very low. Its value does not fall with stocks or funds. The overall performance of gold has been quite stable in the past. So we see lots of people diversifying their investments and putting money into gold."
A consumer says, "the financial crisis is so terrible. But the price of gold won't drop. So it could come handy if I need some cash."
Analysts say investments like stocks, bonds, and real estate are highly connected to economic performance. They rise and fall at the same time. Chinese consumers now believe gold is a very good product for holding its value.
Sunday, January 11, 2009
Obama's stimulus plan - road to 2 Trillion deficit over 16% of GDP in 2009? GDX, AUY, SLW
Oki-doki Kara-oki.
Inherited deficit according to Obama 1.2 trillion dollars in fiscal 2009.
Stimulus plan 775 billion - we are pushing 2 trillion dollar deficit 2009. I guess it will be spread over the years? Where to put another 1 trillion Bill Gross estimated in State and muni bailouts potentially?
GDP in 2010 12.2 trillion projected with 3.7% increase over without stimulus.
So Deficit at 2 trillion dollars is over 16% of GDP 2009 assuming the same GDP as in 2010, which is likely to be less! Should we continue to trash Euro with indebted Italy?
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