Archive for September, 2010

Sep 23 2010

Question & Answer Forums, Gold Hold/Sell Survey

Read ‘Question & Answer Forums, Gold Hold/Sell Survey‘, e-mailed today to StockResearchPortal.com Subscribers.  The e-mail:

  • discusses the background to, and an overview of, a proprietary Question & Answer Forums feature we are about to introduce to StockResearchPortal.com;
  • includes a short 6 question, less than 5 minutes to complete, ‘Gold Hold/Sell Survey’ – the idea for which was forwarded yesterday by a StockResearchPortal.com Subscriber; and,
  • a discussion of the ‘Country Economic/Political Commentary’ for over 65 countries feature offered by StockResearchPortal.com. Given the importance of assessing Country risk when researching Resource Equities, we think ought to be of serious interest to all Resource Equity Investors and Traders.

In part, the e-mail reads:

Question & Answer Forums

For the past two years I have been struggling with whether to add a ‘Discussion Forum’ to StockResearchPortal.com – to the point where a year ago I spent the better part of two weeks writing a ‘program specification’ for one.  Frankly, I was never comfortable with that specification, because I was not satisfied that the result would be significantly different from the Resource Discussion Forums I have visited over the years – where as a rule I find some helpful comments, but broadly speaking typically find the helpful comments interspersed (and frequently dominated by) comments I don’t find particularly helpful.

Six months ago, as I continued to ponder whether to proceed to develop a Discussion Forums, I received an unsolicited e-mail from a Subscriber who suggested that StockResearchPortal develop a Question & Answer Forum structure.  That was, for me at least, a ‘eureka’ moment, and I spent the next three months working through how we could develop a different Forums offering that would encourage educational and company research relevant posts of high and consistent quality.  We have been programming the resultant ‘Question and Answer Forums’ concept for the past three months, and plan to ‘beta test’ it for at least a 6 weeks period beginning in mid-October.

Our Question & Answer Forums are of two types:

  • ‘General Category Forums’ (+35 individual Forums), which include Valuation and Investment Education Forums, Economic Forums (i.e. a ‘Canadian Economy Forum’, a ‘Chinese Economy Forum’, etc.), and Resource ‘Specific Industry’ Forums (i.e. a ‘Gold Industry Forum’, a Copper Industry Forum, etc.); and,
  • Company Specific Question & Answer Forums, one for each company found in our ‘Company Universe’ – in each case linked directly to research data for that company.

To put our Forums in further perspective, we do not accept posts from ‘anonymous posters’, and …..” – to continue reading click here

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Sep 22 2010

Reader Contributions, Gold, $936 Silver?

Read ‘Reader Contributions, Gold, $936 Silver?‘, e-mailed today to StockResearchPortal.com Subscribers.  The e-mail discusses:

  • the important ‘hands-on experience’ and ‘feet on the ground’ knowledge that StockResearchPortal.com Subscribers have, and invites them to participate in the StockResearchPortal.com daily e-mail program;
  • a questionable comparison between the January, 1980 gold price and today’s gold price based on a U.S. CPI adjustment;
  • whether those that allege ‘gold price manipulation’ really are defining their terms properly; and,
  • a discussion of the ‘Watched Stocks Portfolio’ feature StockResearchPortal.com offers to Subscribers we think ought to be of interest to all Resource Equity Investors and Traders.

In part, the e-mail reads:

Reader Contributions

I am receiving an increasing number of e-mails from readers agreeing/disagreeing with the views I express.  Virtually without exception they are thoughtful and well-written.

Something I often have said is that I believe, and my experience has been, that people who operate businesses or simply have ‘their feet on the street’ generally understand things at a very important level of ‘practical detail’ – and that I hold such views very valuable and hold them in high regard.  One of the articles I read this morning referenced the current incoming order experience of a cell-phone vendor, in an attempt to diffuse the ‘continuing recovery’ position articulated by U.S. economists earlier this week.  That caused me to focus on the fact that among the many hundreds of you who read my e-mails every day there have to be many people who have, and continue to have, ‘real life experiences’ that cause them to believe or disbelieve what they read about their local or world economy, commodities and resource stocks and that many of you could – if interested in doing so – bring your extensive ‘business operation and life experiences’ to these e-mails.

Accordingly, if you have an interest in expressing your thoughts on one or more of those topics in such a way that I could include them in my e-mails (with or without attribution as you wish) that would be an enormous contribution to all readers.  If you are interested in making contributions to these e-mails please write to me at info@stockresearchportal.com.  I assure you I will not publish your thoughts and comments without you first ‘approving’ a final version of them.

Gold

An article this morning titled ‘Gold Prices Still Far From Record Highs‘ says that the physical gold price today would be U.S.$2,435 per ounce if it traded at the U.S. CPI adjusted January, 1980 ‘high’ of U.S.$873 per ounce.  While this may arithmetically be true, other than an interesting arithmetic result I am far …..” – to continue reading click here

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Sep 21 2010

U.S. Trade Deficits, Gold Miners/Decoupling

Read ‘U.S. Trade Deficits, Gold Miners/Decoupling‘, e-mailed today to StockResearchPortal.com Subscribers.  The e-mail discusses:

  • The ever increasing (each month) U.S. cumulative net trade deficit – which is directly tied to the controvesy over the Chinese/U.S. currency exchange rate – see yesterday’s e-mail;
  • Gold mining stocks and at least one person’s opinion on what will happen to those prices in the event of ‘general equities markets’ downturn; and,
  • a discussion of the ‘LinkedIn Mining Stocks and Oil & Gas Stocks Groups’ we think ought to be of interest to all Resource Equity Investors and Traders.

In part, the e-mail reads:

U.S. Trade Deficits, Gold Miners/Decoupling

U.S. Trade Deficits

I suggest you read ‘Is Manufacturing Running Low on Steam?‘ – reading time 4 minutes.  The article discusses the net U.S. trade deficits incurred over the past two years, and concludes the U.S. is ‘losing (economic) steam’.  For those of you who read these e-mails regularly you will know that the ongoing and continuously mounting U.S. net trade deficits are something I monitor on a continuous basis, and see as a clear barometer of U.S. prospective economic health.  I commented on that Seeking Alpha article as follows:

Three principal things focused me in mid-2005 on what I saw then as a seriously changing and deteriorating U.S. economy. They were (1) U.S. Consumers spending by borrowing substantively against their houses, which I from a common sense point of view I thought could not continue, (2) the substantial numeric losses of U.S. manufacturing jobs after 1999, and very significantly, (3) the massive and ongoing cumulative net trade deficits the U.S. was accumulating after 1999. Those net trading deficits, which continue to occur ‘in size’ each and every month are in my view unsustainable (again from a common sense point of view), and as each and every month goes by ‘Uncle Sam’ gets older and weaker. At least that how I see things, and would greatly appreciate other readers replying to this comment and tell me specifically why I am wrong, as I sincerely hope I am.

My comment received 2 ‘thumbs-ups’ and no ‘thumbs-down’, but did not elicit any ‘reply comments’.  As I suspect many Americans are Seeking Alpha readers I find this surprising.

If you are interested in reading a Blog Post I wrote in July, 2009 on the U.S. Net Trade Deficits you can do that by clicking here.

Gold Miners/Decoupling?

In an article yesterday titled ‘Time for Gold Miners to Decouple?‘ Jeff Nielson expresses his belief that while Gold Stocks may not decouple from the broader market, he thinks they should do that.  I consider the article worth reading for anyone who invests/trades, or who is considering investing in/trading gold producer and explorer equities – reading time 6 minutes.  I commented on the article as follows:

Jeff: Even if logic ought to get the markets to a ‘decoupled’ position I continue to be concerned about the what I see a persuasive ‘rising tides …..” – to continue reading click here

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Sep 20 2010

China/U.S. Relations, Gold

Read ‘China/U.S. Relations, Gold’‘, e-mailed today to StockResearchPortal.com Subscribers.  The e-mail discusses:

  • what seems to be an intensifying debate with respect to current and prospective China/U.S. Relations – in particular with respect to trade between the two countries and the Chinese Yuan/U.S.$ exchange rate;
  • commentary on the current and prospective price of physical gold; and,
  • a discussion of the ‘Valuation E-learning’ data feature offered by StockResearchPortal.com that we think ought to be of interest to all Resource Equity Investors and Traders.

In part, the e-mail reads:

“This morning I reviewed as many as 500 articles for possible inclusion in StockResearchPortal’s ‘Today’s Filtered News’ Home Page feature.  I was again taken by the number of articles on the U.S. Administration’s seemingly escalating concerns with the Chinese Yuan/U.S.$ exchange rate.  I am referencing here three of those articles I read and commented on this morning.  I consider that both the first of these, titled ‘United States vs. China‘, and the second titled ‘The Currency Nuclear Option That Isn’t‘ put forward extraordinary, and frankly from my perspective, ‘silly’ suggestions – and reflected my views in the comments I made on them.  You might want to consider reading both those articles – total reading time 7 minutes – to determine if you agree with my ‘rather strong’ comments on them.  I do think you ought to read the third article titled ‘How Far Will Geithner Get With China on the Renminbi?‘ (Renminbi is the technically correct name for the ‘Yuan’).

The first article referenced discusses a possible boycott of Chinese Exports by the U.S. Administration, and concludes that China/U.S. Relations ought to be on ‘everyone’s radar screen’ – which conclusion I agree with.  However, I consider the idea that the U.S. Administration may think it could do such a thing completely ‘nutty’ – and commented on the first article as follows:

As I see it, there can be no doubt the issue of U.S./China relations ought to be on every thinking person’s ‘radar screen’. However, to suggest that the U.S. as a practical matter could legislatively boycott Chinese manufactured goods – and that President Obama might be considering introducing legislation to do such a thing seems completely ‘off the charts’ to me. That said, an old saying is ‘Desperate People …..” – to continue reading click here

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