Gold/Mining/Energy | Chesapeake Gold


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To: Zincman who wrote (2257)5/9/2012 10:15:18 AM
From: Zincman   of 5937
 
Edit... 5's... lol

This thing is done.

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To: CrashJPMorgan who wrote (2258)5/9/2012 12:38:09 PM
From: klinker3 Recommendations   of 5937
 
just another publicity hound jumping on the charlie munger and warren buffet anti gold bandwagon. Gold majors historically traded closer to a 30:1 PE. Recently the PE ration has averaged closer to 16:1... Now they are trading at closer to 9:1. The major gold miners are under performing the historical pricing standards.

Yet gold mining companies are for the most part delivering excellent profits... Newmont made about $560 million was it in the first quarter. ABX delivered over $1 billion in profit last quarter.. They are for the most part expecting to grow their production. The market doesn't care how profitable these gold miners are right now...

managing a gold company is a a difficult and daunting operation. It takes a special kind of character and ability to hold the reins and control the show. Many are called but few are chosen. However managements are delivering the profits and revenues but the market doesn't acknowledge or care about that at the moment....

so when some television persona spouts off you have to wonder why he exposed himself as an idiot... he was only piling in his mindless craze to put the boots into an industry that is down but definitely not out

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From: klinker5/9/2012 2:10:14 PM
   of 5937
 
when your down and feeling low sometimes a good laugh is the way to go... well canada has provided it with their new $20 bill.... well those dopes placed the queens face overtop where one would expect a different portion of the anatomy would go.... is it say the queen is an ass or that the $20 bill is worthless fiat paper aka bs

'Three topless women and the Twin Towers': Canadians baffled by picture of WWI memorial on their new $20 dollar billBanknote shows the Vimy Memorial - a statue in France representing the bravery and sacrifice of Canadian soldiers in the First World WarConcern from focus groups during 5-year consultation over design
By DAILY MAIL REPORTER

PUBLISHED: 14:48 GMT, 9 May 2012 | UPDATED: 17:50 GMT, 9 May 2012




Canadians have been left confused over the country's new $20-dollar bill which some have said appeared to feature three naked woman and the World Trade Center towers.


The government was rolling out the new banknote as part of an upgrade of the monetary system. It actually features the Vimy Memorial in northern France, the largest monument overseas for Canadian soldiers lost the First World War.

However many Canadians believed the bill showed the Twin Towers and three topless women along with the head of state, Queen Elizabeth II.

Scroll down for video




O Canada! The new $20 banknote was said to be 'too pornographic' by some focus groups because it featured the naked figures representing Justice, Peace and Hope on the WWI memorial in France (right)



Money matters: Bank of Canada Governor Mark Carney (left) and Finance Minister Jim Flaherty display the new Canadian $20 dollar bills made of polymer


The Vimy Memorial, a nationalist symbol of bravery and sacrifice, was seen on the $20 when it was unveiled by the Bank of Canada in Ottawa last week.

Focus groups, typically made up of a wide-range of citizens from different generations, had examined the note before it was made public.










According to Upi.com, one focus group member said: 'It's too pornographic. What is the woman on the top holding?'

Several reports made public after the five-year consultation period noted this concern along with others under the headline 'potential controversies'.



Shocked: An excerpt from a focus group report during the five-year consultation period for Canada's new $20 which called the design 'too pornographic'


Some participants in the focus groups were unaware of the wartime memorial honoring thousands of Canadian servicemen, in particular forgotten soldiers with unmarked graves.


Symbol: The figures on the statue represent justice and peace - the latter with the torch upraised




Several said the drawing reminded them of the Twin Towers, destroyed in the terrorist attacks on 9/11.

'I wonder if the monument here could conjure up memories of 9/11 or the Twin Towers,' one person in Toronto said.


In fact, the two columns of the Vimy Memorial symbolise the unity of France and Canada - represented by a maple leaf and fleur-de-lis.


The group of women at the top of the statue are known as the Chorus. The most senior figures represent Justice and Peace - the latter with a torch upraised.

The figures of Hope, Charity, Honour and Faith are located below Justice and Peace. Truth and Knowledge are positioned on the Western side.

The new $20 bill is due to come into circulation in November and has a high-tech polymer design. The note is currently the most counterfeited in circulation, accounting for more than half the bills in exchange.


The new method of manufacturing the $20 should make the note more difficult to reproduce, authorities said and last twice as long as paper notes.



Nationalist symbol: The Vimy Memorial in northern France pays tribute to Canadian soldiers who lost their lives in the First World War



Money talks: The 2004 version of a Canadian $20 bill with its image of Queen Elizabeth II




Read more: dailymail.co.uk 

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To: klinker who wrote (2261)5/9/2012 2:21:25 PM
From: Zincman   of 5937
 
I really don't think Buffet or Munger or Gates have even one iota of influence on the pog. It's pandering to a few retailer, shock jocks and talking heads not price manipulation.

CB's and Govt's look to them for fin advice? Don't think so but I could be wrong.

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To: Zincman who wrote (2263)5/9/2012 2:36:04 PM
From: klinker1 Recommendation   of 5937
 
agreed they are not responsible for the gold miners price collapse... however their comments are being used in the media to deflect bargain hunters from taking advantage of these bargain basement sale prices for the gold majors... this is not the message board to pull out the tin foil hats and regurgitate the conspiracy theories et al ... i say it again abx nem and gg for two are making money like they have never done before... they have years of profit behind them and they are going to roll up profitable quarters even if gold prices drop considerably.... Barrick and goldcorp had margins of around $1000 for each oz produced... why that kind of number hasn't initiated gold fever ives the tin foil hat pause forethought... but not the major media news prompter readers ...

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To: klinker who wrote (2264)5/9/2012 2:42:53 PM
From: Zincman   of 5937
 
<<however their comments are being used in the media to deflect bargain hunters from taking advantage of these bargain basement sale prices for the gold majors..>>


Might well be right. I just don't even factor in bargain hunters as they are insignificant to the big picture.


I have to ask why would those big boys give two hoots about any bargain hunter out there... "We the people" are fodder and considering the investor/gold ownership ratio, there is no hint that Joe is even considering AU. Gold ownership is darn near what it was 10 years ago... per capita.. So why now... Joe's not going to rush in now...

It would make good sense if they beat the anti-gold drum for the past 10 years... but they were mostly silent.

Either something wicked this way comes w/ re: to AU or these guys are just blowing off ego steam and 'we the people' are trying to make a mountain out of a tiny mole hill.

I am leaning to the mole hill.. ;)

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To: klinker who wrote (2264)5/9/2012 2:45:10 PM
From: Zincman   of 5937
 
Btw, how many CKG Mackie hold? tia

Their selling while still hosting a 44 dollar price target is not only concerning, it is a bit tantalizing.

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To: Zincman who wrote (2265)5/9/2012 2:49:44 PM
From: klinker1 Recommendation   of 5937
 

here are my thoughts on the bigger picture


Forbes: was yesterdays gold smash a set up for QE 111 announcement... the jobs numbers were a disaster and the real numbers were cataclysmic
the real job number was a loss of about 600k jobs... i previously posted the numbers on the thread... what the media refuses to acknowledge is QE the money print is a continuous operation. The Fed bought 61% of all treasuries last year... new ones and rolled over ones? Do you think they stopped buying up the treasuries as of jan 1st 2012. What the QE 111 entails is a booster shot of adrenaline to kickstart a moribund and dying economy as evidenced by the catyclysmic real job loss numbers. Just as the officially announced QE 11 drove gold prices skywards QE 111 will also be a booster shot for gold.... ergo the Fed and its bullion bank allies put the boots to gold yesterday and on feb 29th and two other bernanke appearance days in anticipation of the upcoming world wide reaction to the initiation of QE 111... Otherwise gold would break for $3000 and these ineffective corrupt and money printing crazy clowns at the fed would be exposed for the idiots they are huh?

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To: Zincman who wrote (2266)5/9/2012 2:50:26 PM
From: klinker   of 5937
 
they could be selling on behalf of clients

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To: klinker who wrote (2268)5/9/2012 2:53:13 PM
From: Zincman   of 5937
 
Yeah guess so.

I'm sure they love that....

"We trust your call but sell my shares at market anyway...." lol

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