NXG: Message Board for Northgate Minerals Corp. | Forum profile

  Recs: 1 Re: Can$ gold $960, Aus$ gold $1200...EOM >>>>Since they report in USA dollars the price of gold in AUS$ and CAN$ makes its way to the income sheet in the from of reduced US$ cash costs.<<<< That's my understanding. The rising price of gold in Canadian and Aussie dollars is a loose indicator of falling operational costs. Everything else being equal, it takes fewer...

  Recs: 0 Re: Hypno - Re: My biggest fear Mine too. Franco......................defeated and gone. Hitler.........................defeated and gone Mussolini...................defeated and gone Dropping the A-bomb on Japan.............................never done since. Pre-emptively attackin Iraq.............................stupid to began with and a dangerous policy. It will be reversed. Bad change doesn't last. thread start

  Recs: 2 Re: Sidd - Re: On the opposite side of the coin... Beyond the manipulation of the markets the Fed tells us about, I believe we would be shocked if we knew the full extent of their activities behind the scenes, including with gold. The idea that we have free markets is ludicrous. thread start

  Recs: 0 Re: On the opposite side of the coin...//persistdb OUTSIDE THE BOX Uncle Sam as sugar daddy Commentary: The moral hazard problem must not be ignored By Bill Brown Last update: 10:35 a.m. EST Nov. 19, 2008 Comments: 24 DURHAM, N.C. (MarketWatch) -- At the very core of the current financial crisis lies the problem of moral hazard. Moral hazard is the alignment of incentives that encourages the pursuit of short-term gains with...

  Recs: 1 Specs - Re: Bernanke to target 10-year at 2.5% ? "One approach, similar to an action taken in the past couple of years by the Bank of Japan, would be for the Fed to commit to holding the overnight rate at zero for some specified period. Because long term interest rates represent averages of current and expected future short term rates, plus a term premium, a commitment to keep short term rates at zero for some time, if...

  Recs: 1 A fun yet ............ provacative article.. http://safehaven.com/article-11867.htm pdb

  Recs: 1 Re: On the opposite side of the coin... <all the pumping of money by the Central Banks and FED are going to reverse the deflationary tendencies> pdb, I agree with you on this one. I just don't see how they can pump $700 billion along with all the other rescue(bail-out) possibilities without creating a dollar devaluation. It may take some time but I believe it is close to inevitable. It is possible to have...

  Recs: 0 Hedge funds failing as predicted by NBR NBR forecast that 1/3rd of the 10,000 hedge funds would fail by end of Nov 08. This report is London hedge funds but closures seem numerous. London Hedge Fund Alley Rents Drop for First Time Since 2005 By Simon Packard Nov. 18 (Bloomberg) -- Office rents in Mayfair and St. James’s, the London districts with Europe’s biggest concentration of hedge funds, are falling for the first...

  Recs: 0 Re: My biggest fear History is always dependent on its source: I don't know Dan Ackman, but I have a lot of respect for the reliability of the Hoover Institute, and it is "amazing how history gets rewritten." ........... http://www.hoover.org/publications/digest/3523631.html thread start

  Recs: 0 Re: My biggest fear   Well at least NXG is a cheap hedge against a unknown future.  I have been waiting for $.50, but it doesn't look like it will happen, so tomorrow I will buy 2000 shares.  That will give me a even 10,000 shares to hold in case every thing goes wrong.  Believe me when I say I hope it doesn't. thread start