Had SLw since $3...... Cash machine!

AXU mine quartz?
Alexco should have around 3,1 million equivalent ounces of silver for 2011. Producing around 18 million pounds of lead (current price is 1,22 USD/pound) and around 9 million ounces zinc (prices are 1,10 USD)

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Added on March 22, 2011, 1:30 pmAlexco presentation

http://www.youtube.com/watch?v=r2r16yxQy80&feature=relmfu

This post has been edited by prophetjul: Mar 22 2011, 01:30 PM

zamanz o dan,

how many days before the TT monies is credited to Just2trade accounts?

Thanks

Thanks mate!

Check out slw at Nov 2008 went down to $2.50.....caught it at $3.00 held to date.....12 bagger

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Added on March 23, 2011, 7:40 amRight! AGQ not actually a miner....highly volatile ETF....good for you traders to swing it!

i first caught it in 2009 $33....bought the silver story......traded it to $215 just two weeks ago.....

Returns are great. Better than miners.

OR you could short silver using ZSL

GLTU

This post has been edited by prophetjul: Mar 23 2011, 07:42 AM

hi mate

How do you play the options?

Is this similar to calls and puts?

i have NOT applied for margin trading....

By Tom Miles

BEIJING, March 22 | Tue Mar 22, 2011 2:12am EDT

BEIJING, March 22 (Reuters) - China's exports of rare earth metals burst through the $100,000-per-tonne mark for the first time in February, up almost ninefold from a year before, while the volume of trade stayed far below historical averages.

China's squeeze on rare earths, which are used in a wide range of hardware including precision-guided weapons, hybrid car batteries and iPads, has forced prices up dramatically since July last year, when each tonne fetched a mere $14,405 on average.

The apparent price rises have averaged $10,000 per tonne per month but accelerated in February, galloping ahead by $34,000 per tonne, according to Reuters calculations based on data from China's Customs office.

Last month each tonne of exports was valued at $109,036, including the cost of insurance and freight, almost half as much again as the average value in January.

The explosion in export values has coincided with a collapse in volumes coming out of China, the source of almost all the world's rare earth supplies, which has cut export quotas of the 17 rare earth metals and raised tariffs on exports.

China's actions have infuriated its trading partners but lifted the shares of the few mining and prospecting companies outside China that are well-placed to capitalise on the constriction of Chinese supply.

They include U.S. miner Molycorp Inc (MCP.N), Canada's Rare Element Resources (RES.V) and Neo Material Technologies (NEM.TO) and Australia's Arafura (ARU.AX) and Lynas (LYC.AX).

But those firms' share prices have been under pressure this month because Japan's earthquake and tsunami are expected to temporarily slash demand from China's biggest customer. In February, 281 tonnes of Chinese exports went to Japan, valued at $38.9 million or $138,406 per tonne. [ID:nN15270138]

Oh whatta nite! Miners are poopping to the upside like spring flowers!


SLW 5.5%
AGQ 5.4%
AXU 2.93%
MNEAF 6.4%
AG 5.98%
SVM 5.93%
AUNFF -1% A DUD!

This post has been edited by prophetjul: Mar 24 2011, 07:39 AM

Depends what commodities you have......

Silver is ripping it.....Backwardation et al....... $40 soon

Rebuilding of disaster hit cities will require lots of steel and copper.......

We will see whos right....

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Added on March 24, 2011, 10:48 pmGold is flat while silver has risen in all currencies again today. Sterling has fallen sharply again today and the euro, yen and sterling have fallen sharply versus gold and silver in recent days. Silver's surge to new 31 year highs at $37.87 is due to continuing strong industrial and investment demand and tight supply.

Many investors see silver as a cheaper ‘safe haven’ than gold right now. Silver looks set to target $40/oz and in the longer term, many investors see gains above the record highs of nearly $50/oz.

Importantly, backwardation continues with spot silver for immediate delivery is at $37.80/oz while futures set to expire in December 2013 (Dec13) are trading at $37.00/oz. The continuing backwardation suggests tightness in the small physical silver bullion market continues and there is the increasing possibility of a short squeeze of banks holding concentrated silver short positions.

The eurozone debt crisis shows signs of entering a new phase with Portuguese and Irish debt under significant pressure again today. There are real concerns about both countries defaulting and this has seen the euro fall from €1,000/oz to €1,016/oz against gold since Tuesday.

Gold in euro terms has seen a period of significant consolidation since June last year. Prices remain below the levels seen at the height of the crisis in July last year (€1,040/oz). This consolidation may be on the verge of leading to a break out above the record high of €1,072/oz with €1,100/oz than becoming psychological resistance.

The gold silver ratio has broken support and looks set to fall lower. Given the small size of the physical bullion market and increasing physical demand, the ratio is likely to revert to below the mean seen in the 1970’s which was at 30:1. Indeed the 1980 low of the gold silver ratio was 17:1 (850/50) and long term silver should revert and exceed this ratio as silver remains cheap versus gold.

Courtesy: www.goldcore.com

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Added on March 24, 2011, 10:54 pmSilvers at $38.18....

This post has been edited by prophetjul: Mar 24 2011, 10:54 PM

EVERYtime silver runs up, they do this...very soon margin will be zero and will be parity.......

http://www.zerohedge.com/article/and-clock...s-halting-surge

And Like Clockwork, CME Hikes Silver Margins Halting Surge
Submitted by Tyler Durden on 03/24/2011 15:16 -0400

Capital MarketsPrecious MetalsUraniumVolatility


In tried and true fashion, just as Silver was about to viciously destabilize the global capital markets as it surged to new 31 year highs, the CME stepped in and did its usual 3-6 half life intervention by hiking initial and maintenance margins on silver futures from $11,138 and $8,250 to $11,745 and $8,700 respectively. This is merely the latest margin hike in what appears to be a neverneding series designed to reduce speculative "fervor" courtesy of endless liquidity. What it will do is merely provide a better entry point for those who by now realize that silver's next stop in the fiat endgame is $40, then $50, and so forth. Naturally, the price drop in silver caused gold to sell off too. And now that the CME accepts gold as collateral, we can't even visualize the reflexive loops that develop once the metal that is also a collateral currency becomes more and less valuable at the same time.

And while they are at it, the CME decided to remove some of the Uranium volatility by hiking maintenance and initial margins in Uranium Futures (UX) by about 50%.

From the CME:





This is certainly not the last margin increase - by the time this is all said and done, "speculators" will need to overfund cash positions to trade precious metals per executive directive.

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Added on March 25, 2011, 8:25 amzamans

No offence but many have told me that gold was over priced at

$450, $650, $850, $1,000, $1,250, now $1,400

If i had listened to any of them like some of my friends, i would
have lost out on 18% CAGR since 2002..............

This post has been edited by prophetjul: Mar 25 2011, 08:25 AM

Real world application is the CBs are buying gold eg China and Russia, etc. not just individuals

The rise in gold price is inverse to the demise of the USD.....thats been happening for the last 5 years...USD is projected to go lower

IF the TSHTF as it did in Zimbabwe, irather be holding gold than paper........

Gold a commodity or currency?

Yes, its quoted in other currencies but not affected by them like USD. Its only quoted.

Thats a BIG "iF" U.S economy gets back on track......by that time, many more QEs would have been
used and USD will be sunk....then guess where Gold price would be before THAT correction...

so far U.S economy has not shown much.....housing is still in the dumps....no sign of recovery



Jobs????

zamans

Does Just2trade allow OTC stocks?

Ya. OTC depends very much on buyer/seller at the counters....sometimes they maybe missing!

BUT there are many good OTC counters on the Precious metals making money.....catch a good one
may become a 20 bagger! like my SLW....
They are just not yet under the radar of investors. However, they may be bought out by the Majors at
very good premiums because of their underground assets!

'Most' are penny stocks..... Caveat Emptor!

This post has been edited by prophetjul: Mar 28 2011, 12:21 PM

If Benny hikes interest, U.S will go into a tailspin.....

Thats what traders are!

Had a fast look at OTC stocks on Just2trade. They can cost you $175 just to register the certs! wow!

BTW for just2trade, do they charge $2.50 per trade? Ordinary trade?

TIA

AGQ ROCKS!!! 14% in the last week alone!

AND AG 22%!!!

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Added on April 7, 2011, 8:10 amhttp://finance.yahoo.com/q/bc?t=5d&s=AG&l=on&z=l&q=l&c=agq

This post has been edited by prophetjul: Apr 7 2011, 08:10 AM

i have a core position of stocks which i believe will rise meteorically with the precious metals.

Out of these core positions, i trade approx the higher beta ones which usually have big shorters. These ones tend to have good short cyclic moves for trading. These amount to approx 35 to 40% of the total.

Case in point SLW....held on since 2008....a 13 bagger.....a buy and hold
stock

http://finance.yahoo.com/q/bc?s=SLW&t=5y&l=on&z=l&q=l&c=

This post has been edited by prophetjul: Apr 8 2011, 07:39 AM

Whats the fundamentals of these companies?

Those that i hold long term have very solid fundamentals. In SLWs case i believed in PMs since 2002.
If you look at the chart, SLW was $3 in 05....ended $2 in 08 and now $45. Even if you held from 05, you still have
a 13 bagger....fundamentals. If silver fundamentals changed, i would sell SLW....but till then....its a CASH MOO

GOOG is just a spec play..fried up by the analysts....remembered it was worth an oz of gold at around $450, ithink. We were betting whether
to hold GOOG or an oz of gold...

AIG and C i guess yiou know......never really liked finance cos after seeing U.S finance in 2000s. i sold ALL my HBC in 07 and planted into precious metals. i have been holding HBC since Tiananmen......