iBankCoin
Home / Tag Archives: ANV (page 26)

Tag Archives: ANV

Monstrous Santa Never Dies!

bad_santa3

So why do you insist on fighting him?   Listen, hippy — you can disparage Monsanto Company [[MON]] all you like, but the fact is, that like the other chemical company everyone loves to hate The Dow Chemical Company [[DOW]] (or was it E.I. du Pont de Nemours & Company E.I. du Pont de Nemours & Company [[DD]] , I can remember?), Monstrous Santa brings good things to life, up to and including radioactive carrots as big as your thighs.

No, no, that last was just a sop to the active imaginations of the Luddite Hippy Masses (“LHM’s”) who think that unless you are breaking ground with a sharpened stick and planting only hand gathered (never plucked!  never, never plucked!) acorns in erratic rows, you are insulting “Mother Gaiea” and any manner of other animistic woodland nymphs and faerie (sic) creatures.

Fact is Monsanto is going to feed the world, and the world is going to thank them for it.   Everyone except the LHM patchouli smoking minority and Luddite millionaires like Paul Ehrlich of course, who — along with propagandists Al Gore and  Howard Zinn — makes money off of predicting world wide catastrophes that they can blame on our globe’s foolish lack of proper Marxist ideology.   No, these guys would rather the people of the Amazon basin continue a slash and burn stone age agrarian methodologies, as long as that means they don’t become part of the “problem”  —  i.e, enrolled members of the First World.  

The Euros hate Monsanto too, but for another reason.   Their agricultural protectionism makes ours look like the open bazaar in downtown Marakesch (sic).  They don’t want seeds from anywhere else but European soil, because, damnit, other countries’ seeds might actually push those lederhosen-wearing cough-drop suckers into the second half of the 20th century, four-cycle tractor engines and all.

But there’s a reason this seemingly high beta outlier lives in the stronghold that is the Jacksonian Portfolio, and that’s that feeding people will become an ever more dominating issue in this world of destroyed capital and increased liquidity.  Monstrous Santa has the intellectual property keys to solving that issue, and, barring a late hour nationalization as part of the Obamacare bill, their shareholders will benefit from that IP for years and years to come.

I’m not including the Jacksonian update from yesterday today, as I am too damn busy reading obscure legal documentia (sic) from third rate mouthpieces, and I’ve got other shit to do today as well, not the least being egregious “Continuing Ed” dealing with subject matters with which I will never in a million years have interactioin.   Gotta love bureaucracy, even in the private sector it assails me.

Know that Teck Cominco Limited (USA) [[TCK]] should be considered on this pullback, as should all the gold and silvers pulling back today.   Thompson Creek Metals Company, Inc. [[TC]] continues to be a monster, and it’s a Jackson full throttle again.  Ag-homey The Andersons, Inc. [[ANDE]] also stirs again, with its sister Monsanto.  Eldorado Gold Corporation (USA) [[EGO]] holds serve on the PM front, and I like Allied Nevada Gold Corp. [[ANV]] , Rubicon Minerals Corp. (USA) [[RBY]] and [[BAA]] here as well. 

Out for most of the rest of the day, be well.   And always remember:
hippiedoor
__________

Comments »

The Good Ship Winship

Battleship
Make no mistake, we’re still in the midst of a full out Horatio Nelson-type naval battle, here, with the combined cannonades of inflation and deflation, public & private sector debt, multi-headed “government assistance,” increasing taxation, shrinking consumption and worsening unemployment all being fired in unison at Her Majesty’s Portfolio Cruiser, the H.M.S Winship.

Luckily her sides are reinforced with a near-impenatrable alloy of silver, gold, molybdenum and all the various metallic crap that Teck Cominco Limited (USA) [[TCK]] pulls out of the earth.   For weapons systems, she’s got the finest grain elevator launchers of the fleet, courtesy of  The Andersons, Inc. [[ANDE]] , which are in turn able to switch over to ethanol firing nozzles ready to inebriate the various Treasury pirates swinging off their black ships in boarding party fashion.  It doesn’t take much.

Speaking of those Treasury pirates, Lt. Commander Montgomery Scott himself would trade all his dilithium crystals for a shot at the defense shields provided by [[TBT]] , the “un-Treasuries” which will keep our ship sound and well-tarred in the coming T-Bond puke, courtesy of our trading partners, formerly known as “Barnum’s Finest.”  Looks like I should’ve grabbed a couple more of those on Friday as they bounced right off the pullback, but I was remiss.  Maybe Monday.

In the meantime, I’m feeling increasingly good about the prospects of the overall market (at least short term), and of my gold & silver plays.  Let’s take the latter first:

hui_weekly

That monster stick on the weekly off the channel bottom, and through the 50% fib line is giving me the warm and fuzzies.  The outrageously cautious may wish to wait until we break that downtrend line, and guess what?  You’ll still be better off than those who bought at the end of May, early June.  

 Here’s the other reason I really like the sound money plays here:

 usdweekly

I don’t know about you, but I think the cards are pointing to a less expensive dollar again.  Odd, no?

For my part, I will be collecting more juniors here, including Rubicon Minerals Corp. (USA) [[RBY]] , [[BAA]] , [[EXK]] , Allied Nevada Gold Corp. [[ANV]] , and my new favourite (sic) Sir Walter’s Scott’s knight in shining armor — Ivanhoe Mines Ltd. (USA) [[IVN]] .    Of course all the Jackson’s are great as well, but especially the silvers — Silver Wheaton Corp. (USA) [[SLW]] , Silver Standard Resources Inc. (USA) [[SSRI]] , and [[PAAS]] .

Last, I think it’s imperative to realize why the dollar is getting skunked here.  Part of it is the deficits and debt we’ve already pledged to fund with the help of our suckers, er, trading partners.

 Part of it is a result of the promise of even more ridiculous legislation being rammed through Congress right now by feckless Congresscritters who are not even reading these bills.   Take a look at some of the yeoman’s  work done by retired Marine Peter Fleckenstein on the first 400 pages of the House health care monstrosity.   Really, if you were just thinking that they could get this through without it having any effect on you and your family — well, you’ll see that you’ve had your head in the sand.  

This is nothing less than the largest freedom grab in our country’s history — bar nothing, zero zip.   Try and read Peter’s parsing without getting a chill down your spine.

Last, I’ve included the Jackson Review.   I really should have allocated more cash last week.  I will do so for sure this week, so as not to continue lagging the performance of the straight stocks.

________________________

Name/   %   %   Portfolio Portfolio     
Ticker 16-Jul Change 17-Jul Change   Value Impact   Comments
ANDE  $    29.30    $     28.47 -2.83%    $              8,596 -0.15%   50 day still not out of question ($26.40)
EGO          9.20             9.21 0.11%    $              8,630 0.01%   Could be due for a little more pullback
GDX        38.33           38.64 0.81%    $            11,695 0.06%   Consolidating
GLD        91.98           91.93 -0.05%    $            10,573 0.00%   Over 20 & 50 days, but consolidating
IAG        10.05           10.22 1.69%    $            12,602 0.13%   10.60’s next resistance
MON        75.74           75.41 -0.44%    $              4,423 -0.01%   Pulled back, as expected.
NRP        22.89           23.12 1.00%    $              4,799 0.03%   Overbot, but still strong
PAAS        19.12           19.24 0.63%    $            11,556 0.04%   200 day @ 19.27
RGLD        40.59           40.67 0.20%    $            11,238 0.01%   Still under 20 & 50 day.
SLV        13.09           13.17 0.61%    $            10,699 0.04%   Back over 200 day, but overbot/.
SLW          8.39             8.48 1.07%    $              8,237 0.05%   $8.50 major resistance.
SSRI        18.76           19.15 2.08%    $            11,140 0.14%   Needs back over $19.
TBT        52.00           53.56 3.00%    $            10,669 0.19%   Will likely buy tomorrow on this pullback
TC        11.81           12.36 4.66%    $              5,798 0.16%   Getting ready to crank one out
TCK        20.03           21.06 5.14%    $            14,003 0.43%   JUST BTFO.  Likely consolidate now.
TZA        20.35           20.64 1.44%    $              4,159 0.04%   Prolly get some strength tomorrow
Cash (000)  $  26.42    $   26.42 0.01%          26,420.79 0.00%   Same
AVG (daily)       1.13%    $       175,236 1.17%    
AVG (monthly)       4.03%   Actual      
AVG (inception)   17.50%   Return 16.82%    

Comments »

Nuit du Français

Mime stomp 

Tonight is French Night on iBC, as ably demonstrated by Le Fly, who’s been buzzing around the streets and back alleys of Brooklyn on a moped, wearing a mime outfit and carrying hardened assault baguettes with which he has been smacking passing bearshitters.

As a consequence, our entertainment tonight will be of the French variety.  Someone sent me this following vid … some fan I guess (of the girl, not me).  I was intrigued, given the alleged huge popularity of this young woman over in Francais-land.  

Putting my French prejudices aside (as always), I look at this vid and I say — “what the hell is wrong with these people?”

I mean… haven’t they ever seen a Madonna video?  A far more hideous woman, from Michigan no-less, and yet, she makes for a far more entertaining spectacle, what with her sweaty dance kicks and conical breastusses-plates and all.  

Watching this piece, one is compelled to ask — what brilliant choreographer designed the 18-inch diameter dancing circle this young nymphette was forced to remain within?  And, was it John Travolta who taught her the “hand jive” she’s so desperately working here… maybe less to the music and more to the invisible flames engulfing her hands? 

Get this woman an L.A. talent agent, post-haste!    (Anton, I am suggesting you apply.)

And will someone… someone please insert a decent “Yo, Adrian!” at approximately 3:57 of this piece?   Thank you.

  [youtube:http://www.youtube.com/watch?v=ceSxEjwXHcM 450 300] 

_____________

As for the market today, we saw some winship and we saw some consolidation.   As a consequence, I think [[TBT]] is ready to go north tomorrow after a nice pullback today.   [[BAA]] was a glorious win of many flying colors, and I don’t think it’s done yet.   I still like Allied Nevada Gold Corp. [[ANV]] and [[EXK]] .   If I had to have a favourite (sic) Jackson tomorrow, besides TBT, it would likely be Thompson Creek Metals Company, Inc. [[TC]] and Teck Cominco Limited (USA) [[TCK]] — pray for a pullback on the latter.   Eldorado Gold Corporation (USA) [[EGO]] should also be examined closely.

That’s all for tonight.   Wait, there’s one more before I forget… Corriente Resources Inc. [[ETQ]] has popped on my radar, and will likely get some follow through tomorrow.    Also, I added 2k more [[BIOS]] — if you get anything this year, break off a little bit for this consistently stair stepping winner.

Best to you and I will try to continue to update you tomorrow.

Name/   %   %   Portfolio Portfolio     
Ticker 15-Jul Change 16-Jul Change   Value Impact   Comments
ANDE  $     29.20    $      29.30 0.34%    $        8,847 0.02%   Could follow up w. the MOS & POT wins
EGO           9.05              9.20 1.66%    $        8,620 0.09%   Like to see it get above $9.50 here
GDX         38.29            38.33 0.10%    $      11,601 0.01%   50 day at 39.07,  might get resistance there.
GLD         92.24            91.98 -0.28%    $      10,578 -0.02%   Held up at the 50 day (92.08)
IAG           9.99            10.05 0.60%    $      12,392 0.04%   Closed over the fifty day
MON         76.46            75.74 -0.94%    $        4,442 -0.03%   Got the pullback we expected, to the 50day
NRP         22.27            22.89 2.78%    $        4,751 0.08%   All of a sudden looking strong.
PAAS         19.30            19.12 -0.93%    $      11,483 -0.06%   Closed over the fifty day, $20 the test now
RGLD         40.51            40.59 0.20%    $      11,216 0.01%   Still under 20 & 50 day.
SLV         13.06            13.09 0.23%    $      10,634 0.01%   POS consolidating here
SLW           8.41              8.39 -0.24%    $        8,150 -0.01%   Consolidating
SSRI         18.62            18.76 0.75%    $      10,913 0.05%   Needs back over $19.
TBT         53.19            52.00 -2.24%    $      10,359 -0.14%   Will likely buy tomorrow on this pullback
TC         11.61            11.81 1.72%    $        5,540 0.06%   Getting ready to crank one out
TCK         18.46            20.03 8.50%    $      13,318 0.68%   JUST BTFO.  Likely consolidate now.
TZA         21.28            20.35 -4.37%    $        4,100 -0.11%   Prolly get some strength tomorrow
Cash (000)  $      0.00    $    26.42 0.01%    26,420.79 0.00%   Same
AVG (daily)       0.46%    $ 173,365 0.68%    
AVG (monthly)       2.78%   Actual      
AVG (inception)       16.09%   Return 15.58%    

Comments »

Jackson in Elysium

Elysium Bull
This is a far shortened version of the post I wrote last night that got eaten by WordPress, curse their bones. Apparently, not even the autosave was working last night.

In summary, yesterday was a bag full of fruity jelly beans and bottle rockets. The three I told you to watch — Thompson Creek Metals Company, Inc. [[TC]] , Teck Cominco Limited (USA) [[TCK]] and [[TBT]] were up some 8+%, 7+% and 5+%. They are still all buys here.

The silvers shocked me, many of them heading back over all the moving averages they had fallen below. But then silver always makes violent moves — it’s the Al Capone of the precious metal world. The silver Jacksons did well, with Silver Wheaton Corp. (USA) [[SLW]] — my favourite (sic) — doing the best at over 6% up, but in the personal holdings, non-Jackson junior [[EXK]] was the superstar, up over 14.2%.

I expect all the metals to have pullbacks today after yesterday, but I don’t think this was a headfake, either. I think the inflation numbers are starting to percolate. Remain cautious, but be sure to continue accumulating and filling out your well diversified list of juniors. These are lotto tickets (witness [[BAA]] as of late) and you just never know when they will come in. Another great example is Golden Star Resources Ltd. (USA) [[GSS]] , hat tip to whomever reminded me of them again yesterday.

Gun to my head picks today include Allied Nevada Gold Corp. [[ANV]], [[BAA]]  and more Thompson Creek Metals Company, Inc. [[TC]] . I will seek to start getting rid of my [[TZA]] today as well on any strength. Cash is starting to slow down the portfolio performance, as you can note from the relative performance numbers below. Have a great day.

Name/   %   % Portfolio Portfolio     
Ticker 14-Jul Change 15-Jul Change Value Impact   Comments
ANDE  $      27.97    $         29.20 4.40%  $           8,816 0.23%   Winship
EGO            8.71                 9.05 3.90%  $           8,480 0.20%   Ditto
GDX          36.76               38.29 4.16%  $         11,589 0.29%   $HUI bounce told the tale, to $43?
GLD          90.81               92.24 1.57%  $         10,608 0.10%   Above all the MA’s again, looks good
IAG            9.65                 9.99 3.52%  $         12,318 0.26%   Winship
MON          74.70               76.46 2.36%  $           4,484 0.06%   A little overbought now, expect pullback
NRP          21.34               22.27 4.36%  $           4,622 0.12%   Decent volume move but now overbought
PAAS          18.24               19.30 5.81%  $         11,592 0.40%   Broke DT, back above consolidation zone
RGLD          39.54               40.51 2.45%  $         11,194 0.16%   Back over 200 day looking good
SLV          12.72               13.06 2.69%  $         10,609 0.17%   Nice one day move, POS = 13.33
SLW            7.88                 8.41 6.73%  $           8,169 0.33%   Above downtrends now
SSRI          17.93               18.62 3.85%  $         10,832 0.25%   In consolidation zone, below all MA’s
TBT          50.63               53.19 5.06%  $         10,596 0.32%   Winship
TC          10.72               11.61 8.30%  $           5,446 0.27%   Extraordinary winship
TCK          17.15               18.46 7.64%  $         12,274 0.56%   Winship
TZA          23.99               21.28 -11.30%  $           4,287 -0.29%   Will ditch on break of $20, or sooner
Cash (000)  $       0.03    $       26.42 0.01%      26,420.79 0.00%   Same
AVG (daily)       3.27%  $     172,337 3.45%    
AVG (monthly)       2.21% Actual      
AVG (inception)       15.35% Return 14.89%    

Comments »

Patience Warranted

Doctor 

Teck Cominco Limited (USA) [[TCK]] is the strongest of the litter, here, and most of the precious still have work to do.  The silvers in particular are giving me agita, but only in that they are making me wait.

I bot some more Silver Wheaton Corp. (USA) [[SLW]] today as it tested its 38.2% fib, and [[PAAS]] and Silver Standard Resources Inc. (USA) [[SSRI]] had similar (though not as severe) pullbacks today.   Seasonally, we’ve entered into a slow period in the PM’s, but I am just not willing to sell anything right now, given the precariousness of the bond and dollar situation.   Sure, we could have more strength in both, but I just keep looking at the amount they have to sell this week (hat tip to Scum Bucket), and… well, let’s just say hard money is looking a lot more appetizing, and I’m getting ready to reload on more [[TBT]] . 

Of my non-Jackson’s Allied Nevada Gold Corp. [[ANV]] was actually a gold miner that was up today, and I’ve already mentioned that I increased my position in Rubicon Minerals Corp. (USA) [[RBY]] .   Pretty soon I’m going to look like a gypsy Queen with gold and silver (and a touch of platinum, though I’ve yet to add to my starter position in [[PTM]] yet) dangling off my fingers, toes, ears and dreadlocks.

But that’s what our major theme is going to be here, folks, for the duration, so get used to it.  Soon, you’ll thank me for my persistent nagging.  In fact, it’s quite likely that someday, you’ll be adorning your children in “just 4 Kids” NY Giant paraphenelia in my honour (sic), and sending them off to college with tuition bills paid for in gold doubloons and pieces of eight.

I have every confidence.   All I need is the patience of a Bengal tiger in the deep brush on the annual Marlon Perkins’ Eat a Safari Tourist Day.  

Non PM picks I like, if you’re interested, include [[BIOS]] and Health Grades, Inc. [[HGRD]] here.   Best to you all.

Name/     %    
Ticker 2-Jul 6-Jul Change   Comments
ANDE  $                 30.89  $               29.67 -3.95%   Bounced off 20 day, sell on break $28.90
EGO                       9.25                     8.75 -5.41%   Closed a cent over the 50-day ($8.74)
GDX                     38.31                   36.94 -3.58%   Gapped down, doji’d, 200 day $35.94 
GLD                     91.25                   90.76 -0.54%   POG $925 headed for $900?
IAG                     10.34                     9.93 -3.97%   Bounced off 50 day, patience, a keeper
MON                     71.96                   73.26 1.81%   Bounced as I suspected, but vol. sucks
NRP                     20.77                   20.70 -0.34%   Still oversold, but hanging in.
PAAS                     18.22                   17.83 -2.14%   Looking weak, still.
RGLD                     41.52                   39.04 -5.97%   Below 200 day EMA, looking weak
SLV                     13.16                   13.10 -0.46%   Oversold, but 200 week beckons (12.40)
SLW                       8.40                     7.75 -7.74%   Closed penny over the 38.2% retrace, I bot.
SSRI                     18.79                   18.20 -3.14%   Doji’d but could seek $17 one more time
TBT                     50.73                   50.94 0.41%   Looks ready to make a move
TC                     10.36                   10.07 -2.80%   Could target 50 day ($9.00)
TCK                     16.09                   16.88 4.91%   Chinese investment give a pop.
TZA                     23.63                   24.34 3.00%   Portfolio saver again, still 1/2 position
Cash (000)  $               13.44  $              13.44 0.01%   Same
AVG (daily)     -1.76%    
AVG (monthly)   -1.14%    
AVG (inception)   11.26%    

Comments »

Bernie Madoff, Prison Bride

Bernie Madoff, Prison Bride

So they gave Bernie 150 years in the slam. Sounds like a big deal, but I bet he doesn’t do 12… this side of the daisies, at least. Hey fugheddaboudit, he might even escape the above elaborate costume by becoming the “prison accountant” and doing Bubbah’s taxes every year. Can you see it?

Bubbalah, I have news! Yoah tax refund estimates out at 16 cahtons of Marlboro Reds and a case of Mint Jelly Spam. No, dahling, it is no trouble.  You just pay me my “dahposit” of five cartons, and we can get the ball rolling on this new “thing” right away!

He should be fine.

But enough about old Bernie.  Let’s face it, he’s getting what he deserves, and that’s what we’re all about on the Jacksonian Plan too.   Right now, it looks like the market is taking its time taking a decision.   Will she run up to the top of the hill at 960 again, or jump off the cliff righ here at 926-ish, and end it all, emo lemming style?   I admit I don’t know, as today was a veritable “stick in the mud” despite the drop in the dollar and the increase in oil prices.

Earnings are still coming out favourably (sic) in some industries, including health care and selected technologies.  Aging pension filler behemoths like Johnson & Johnson Johnson & Johnson [[JNJ]] , Amgen, Inc. [[AMGN]]  , Merck & Co., Inc. Merck & Co., Inc. Merck & Co., Inc. Merck & Co., Inc. [[MRK]] and even good old staple stock Pfizer Inc. [[PFE]] are starting to look like they’ves got some gusto here, and the Jackson’s seem like they want to go into hibernation.  

That doesn’t mean there’s not money to be made, however, and on top of the Jacksons I’ll be watching these nutty juniors like Allied Nevada Gold Corp. [[ANV]] and Rubicon Minerals Corp. (USA) [[RBY]] , and some key techs that The PPT has been alerting me to.   Two I purchased today were Fly’s current hot pick [[ARMH]] and perennial PPT favourite (sic) [[BIOS]] at $6.02 and $5.83 respectively.  I am also waiting on an entry for TEKELEC [[TKLC]] , perhaps tomorrow.  

In the meantime, the only Jackson that I think looks appetizing here is [[TBT]] , as I think it’s getting very cheap again.   I continue to monitor the silvers closely, however, as they’ve been volatile lately.  That said, the spot price of silver is back above $14 tonight, and gold is back over $940 again.   Good signs.

 I promise to make myself more available tomorrow, and keep you updated on the purchases and sales, if any.   Good night for now.

Name/     %    
Ticker 26-Jun 29-Jun Change   Comments
ANDE  $      30.23  $      29.91 -1.06%   Low volume pullback.  Keeping an eye.
EGO            9.40            9.45 0.53%   Plateauing.
GDX          39.20          39.15 -0.13%   Hanging on the 20-day
GLD          92.29          92.04 -0.27%   POG over $940 now.
IAG          10.48          10.30 -1.72%   Low volume pullback.  
MON          75.25          76.20 1.26%   Still a lot of work to do.
NRP          20.82          21.02 0.96%   Watch for break of bear flag here.
PAAS          19.08          18.55 -2.78%   Turned away at the 200 & 50 day
RGLD          42.07          42.97 2.14%   Low volume retrace, not trusting.
SLV          13.90          13.66 -1.73%   POS back above $14 this evening.
SLW            8.72            8.52 -2.29%   Between the 50 and 200 day EMA.
SSRI          19.52          19.16 -1.84%   Same as SLW
TBT          50.84          50.65 -0.38%   Very slight pullback… looking to add again
TC          10.44          10.57 1.25%   4th upday, on light volume
TCK          16.56          16.06 -3.02%   Low vol, still above 20, 50, and 200.
TZA          22.50          22.52 0.09%   Flat on low volume. Do or die, here.
AVG (daily)     -0.56%    
AVG (monthly)     -6.96%    
AVG (inception)     14.80%    

Comments »