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Petrobras: Great for Brazil, Not So Great for Shareholders

Otto Rock submits: Over the last couple of days I've been looking at Petrobras (PBR), and there are some conclusions we can draw from looking at one simple ratio chart. First, though, the basic price chart. Here it is from 2007 to date... Complete Story »

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How to Explain Fiat Currency to Silverbugs

Otto Rock submits: 1) Show them a 1923 Silver Dollar (I have one right here) . 2) Ask them how much silver is contained in the coin. 3) Congratulate the first one that says 24 grams (precisely it's 26.7g and 90% pure silver = 24.03g) . 4) Ask them how much the contained silver is worth today (making sure you're not talking about its collector's value; my example has been valued at around...

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Sorry, There Is No Silver Conspiracy

Otto Rock submits: I was sent this link yesterday by A.N. Other with the message "what do you think?” Well, the answer is that I think it's just another waste of bandwidth talking about a trade that somebody uses as evidence for an 'it's not fair' pet theory. Part of the report had this chart... Complete Story »

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Making Sense of Fortuna Silver's Recent PPS Action

Otto Rock submits: When any company, not just Fortuna Silver Mines (FVITF.PK), issues several news releases that contain substantive and positive developments on several fronts, the prices for its products recover and the share price proceeds to dump by up to 20%... click to enlarge Complete Story »