(Don’t get hit!) Silver Stock Report by Jason Hommel, March 16, 2008 The Financial Dominoes are Falling. Ironically, the major financial stocks are now more volatile and risky than mining exploration stocks! Countrywide Financial Group (CFC) fell first, a few weeks ago. A year ago, CFC traded at $40, today, trading at $4.50, with Bank… Continue reading The Financial Dominoes are Falling
Category: Silver / Gold
Why Silver is better than Oil as an Investment
(Silver’s cheaper, more rare, and not nearly as dirty, or heavy!) Silver Stock Report by Jason Hommel, March 15, 2008 As of March, 2008, silver is $21/oz., and oil is $110/barrel. As of June, 2019, silver is $15/oz., and oil is $58/barrel. 1. There is a 40-year supply of oil in the ground. There is a 14-year… Continue reading Why Silver is better than Oil as an Investment
Are you smart enough to do compound interest?
(You’ll be shocked at how dumb some of you are!) Silver Stock Report by Jason Hommel, March 14, 2008 Everyone else out there is writing about how gold topped $1000/oz. Bor-ring! Besides, you don’t need me to tell you that. How about some real insight into the gold and silver market? Here it is, if… Continue reading Are you smart enough to do compound interest?
Short Squeeze in Silver!
(Commercials pay up!) Silver Stock Report by Jason Hommel, March 3, 2008 What is a short squeeze? A short squeeze is one of the most exciting events in finance, and could drive silver to $100/oz. very quickly! A short squeeze happens when those who manipulate the market begin to act according to old Wall Street… Continue reading Short Squeeze in Silver!
Silver Shortage Drives Men Nuts
(Nadler & O’Byrne Squirm like Worms) Silver Stock Report by Jason Hommel, March 31, 2008 My email list could be the cause of the silver shortage we are seeing worldwide. After all, let’s reference this market structure once again. http://www.silverstockreport.com/2008/structure.html There was only 50 million ounces of silver demanded by investors in 2006, when my email… Continue reading Silver Shortage Drives Men Nuts
Perth Mint and Kitco Scheme Exposed
(What’s going on here?!) Silver Stock Report by Jason Hommel, March 26, 2008 Yesterday, I got into a bit of trouble by writing that the NorthWest Territorial mint was bankrupt, which they are not (consider this a second retraction). The NorthWest Territorial mint only has a risk of bankruptcy since they have so much silver… Continue reading Perth Mint and Kitco Scheme Exposed
NorthWest Territorial Mint Says They Have Silver
(Despite others saying they are out!) Silver Stock Report by Jason Hommel, March 25th, 2008 I spoke on the phone with Ross Hansen for about 45 minutes today. Apparently, I’ve slandered his business because I don’t know what I’m talking about with regard to his total silver inventories, because he said he does have more… Continue reading NorthWest Territorial Mint Says They Have Silver
Silver Market Structure: Shortages And Sources
(Shortages can make people crazy!) Silver Stock Report by Jason Hommel, March 25, 2008 My recent reports on the Silver Shortages at Coin Shops and major dealers have been popular, and widely re-posted. Misunderstandings and questions are more abundant than my ability to answer them all individually; but most could be answered if only people and coin shop… Continue reading Silver Market Structure: Shortages And Sources
Silver Shortage gets Worse, Price Drops Again!
(If you don’t hold it, you don’t own it) Silver Stock Report by Jason Hommel, March 20, 2008 Three more major silver dealers are reported to be out of silver today: The U.S. Mint, Kitco, and Monex. This, on top of the major dealers yesterday, Amark, Perth Mint, CNI Numismatics, and APMEX, all reported sold… Continue reading Silver Shortage gets Worse, Price Drops Again!
Silver Shortage: 19 dealers reported “Sold Out”
(SOLD OUT!!) Silver Stock Report by Jason Hommel, March 19, 2008 You know me, I don’t send out two emails in one day, so this must be important. Since my email earlier tonight, where I reported that 5-6 major silver dealers are “out of inventory”, 13 more reports came in, saying that the dealers were out… Continue reading Silver Shortage: 19 dealers reported “Sold Out”
How to Get Into Silver, for Billionaires
(The difficulty of being rich!) Silver Stock Report by Jason Hommel, February 27, 2008 According to Forbes, there are only about 900 billionaires. However, there are also hundreds, if not thousands, of funds with many billions of dollars under management. There are also many companies with many billions of dollars in “cash”; and they might… Continue reading How to Get Into Silver, for Billionaires
Barrick Gold updates hedge book liability
Silver Stock Report by Jason Hommel, February 25, 2008 Since my email on Feb 23, Barrick Gold has made it easier to find information about their gold hedge book liability. They updated their website, and replaced the link at the bottom of the page here:http://www.barrick.com/Investors/HedgePosition/default.aspx Now, the link goes directly to an excerpt from the… Continue reading Barrick Gold updates hedge book liability
Sell Barrick: A Sneaky Hedger!
(Barrick is losing money, and will cause you to lose money, too.) Silver Stock Report by Jason Hommel, February 23, 2008 Barrick Gold is sitting on an unrealized “mark to market” hedging loss of $6.165 billion, and the loss is growing. They hedged 9.5 million oz. of gold at $296/oz. in “project” hedges. With the… Continue reading Sell Barrick: A Sneaky Hedger!
Correction: PAL is in North America
(And other misinformation exposed!) Silver Stock Report by Jason Hommel, February 21, 2008 Correction Notice! In yesterday’s email, http://silverstockreport.com/2008/breakout.html I wrongly wrote: “I caution you about the stock, North American Palladium (PAL), because 1/3 of the company’s supply comes from S. Africa, and the other 1/3 comes from Russia–it seems that the company has a somewhat… Continue reading Correction: PAL is in North America
Breakout! Buy Silver Stocks Now!
(Don’t even wait a week!) Silver Stock Report by Jason Hommel, February 20, 2008 This afternoon, gold moved up $30/oz. to a new high of $947/oz., silver moved up $.75/oz. to hit a new high of $17.96/oz. Palladium moved up to a new high of $501/oz., which seems to be catching up to platinum at… Continue reading Breakout! Buy Silver Stocks Now!
Why I Could Never be a Paid Shill for the Feds
My first attempt at Scathing Satire (I hope I don’t spoil the effect!) by Jason Hommel, February 14, 2008 On this Valentine’s day, let us remember and pay a tribute to all people who love the Government, and while we are at it, let’s pay tribute to the Government itself by buying a T-Bill! Thank… Continue reading Why I Could Never be a Paid Shill for the Feds
They Say You Don’t Count!
& You Won’t Do Anything About It! Silver Stock Report by Jason Hommel, February 6, 2008 I’m so filled with anger that I can hardly contain it. But at least I know what to do about it! It’s one thing when they lie, and say that inflation is 3% when it’s really 17%. That, I… Continue reading They Say You Don’t Count!
My Silver’s Not for Sale
“…people are destroyed for lack of knowledge.” Silver Stock Report by Jason Hommel, February 5, 2008 This Friday, I hosted a fundraiser for Terbolizard, attended by about 50 people in Grass Valley. See terbocongress.org Silver investors and supporters of Terbolizard share a common passion for freedom. Both have a dedication to more freedom for the individual… Continue reading My Silver’s Not for Sale
Go GATA; Go Gold!
Silver Stock Report by Jason Hommel, January 29, 2008 My gut tells me that the gold price has a good chance to go up by more than $25 in one day on Friday, February 1st, and again, another $25 in one day on Monday, February 4th, because a certain ad will come out in a… Continue reading Go GATA; Go Gold!
There is no Silver Surplus
Silver Stock Report by Jason Hommel, January 29, 2008 There is no silver Surplus. There is no such thing as a “world silver surplus”. No such thing. The words, “Surplus” and “Deficit” are accounting terms. They can apply to individual budgets, or national budgets. They could apply to the world, but only if the world… Continue reading There is no Silver Surplus