Posted on 01/31/2024 4:03:12 PM PST by Widget Jr
What is false in that statement for 2016?
That Stillwater Mines is the only large Platinum/Palladium mining operation in the US? That their 45th quarter 2015 profits were $23 million? That there is no way to make more money trading metals than the companies that mine and produce them?
This was written the year before Hannes Boone and Sibyane Company bought Stillwater in May 2017 then rebranding the company in August.
The company's history after the article was written is not relevant.
“Lead futures.”
not sure about that
In 1991, the EPA published a new rule to control lead and copper in drinking water systems across the country, called the Lead and Copper Rule (LCR). As part of a 2021 change to this rule, Citys are required to inventory water systems and report its findings to the EPA by October 2024.
(Must remember to triple check forum HTML)
Their profits had nothing to do with the acutal value of the firm.
many companies lose lots of money, or make minor profits one quarter and to state some mining companies one quarter profits as proof of anything at all is just stupid, let alone
“That there is no way to make more money trading metals than the companies that mine and produce them? “
I wish you the best my friend
Lead futures applies to investing in bullets.
Money is no good, buy gold. We have gold to sell you. We want money. Anyone that doesn’t know gold is a scam, deserves to be scammed.
The last place I worked had really good spam filters, but nothing is foolproof. One day I received a new version of the classic money in Nigerian bank scam. It happened to include gold in the enticement. I decided to have a little fun. I responded with something like this:
“In order to prove the authenticity of this communication, please send via FedEx $5,000 in gold bullion. Once the gold is tested for quality, we can continue our conversation.”
The fool actually responded with:
“I know understand you.”
I responded with:
“No kidding Dick Tracy.”
Stillwater's valuation was not the point Brown was making.
Do you look at Liberty Daily? They’re always pushing some gold expert guy.
“I always found it odd that those who preach “protect your wealth by buying our gold cause you know, dollars are going to be worthless” are happy to trade gold for worthless dollars.”
indeed ... but goldbugs are pikers compared to the cryptobugs who insist that you should trade them your worthless dollars for their crypto thingies ... their universal mantra: “NEVER give back the dollars!”
“but goldbugs are pikers compared to the cryptobugs who insist that you should trade them your worthless dollars for their crypto thingies ... their universal mantra: “NEVER give back the dollars!”
Oh yeah! last place I would put my money!!
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