The Current Value of Gold and Silver As I write this, the current price of gold is $1,646 and the current price of silver is $31.35. These values are significantly below recent highs for both metals, and in each case technical analysis shows that the the value of both metals has broken below support and… Continue reading Why Did The Value of Gold & Silver Plunge?
Author: Larry Cyna
Mr. Cyna is an accomplished investor in the Canadian public markets for over 20 years, and has managed significant portfolios. He is a financing specialist for private and public companies, and has expertise in real estate and debt obligations. He has assisted private companies accessing the public markets, has been a founding director of public companies and continues as a strategic consultant to selected clientele.
He is and has been a director, a senior officer and on the Advisory Board of a number of TSX and TSXV public companies in the mining, resource, technology and telecommunications sectors, and the Founding Director of two CPC’s with qualifying transactions in mining and minerals. He was an honorary director of the Rotman School of Management MBA IMC program, has completed the Canadian Securities Institute Canadian Securities Course & Institute Conduct and Practices Handbook Course, was a former Manager under contract to an Investment Manager at BMO Nesbitt Burns, a roster mediator under the Ontario Mandatory Mediation Program, Toronto, a member of the Institute of Corporate Directors of Ontario, a member of the Upper Canada Dispute Resolution Group, and the Ontario Bar Association, Alternate Dispute Resolution section.
He obtained his designation as a Chartered Accountant in Ontario in 1971 and was the recipient of the Founder’s Prize for academic achievement together with a cash reward. He became a CPA in the State of Illinois, USA in 1999 under IQEX with a grade of 92%. He is a Member of the Institute of Chartered Accountants of Ontario and the Canadian Institute of Chartered Accountants.
He holds certificates in Advanced ADR & in Civil Justice in Ontario, Faculty of Law, University of Windsor, certificate in Dispute Resolution from the Ontario Institute of Chartered Accountants. Previous accomplishments are Manager of Cymor Risk Consultants LP specializing in Risk Management Assessment; CEO of Cyna & Associates specializing in mediation and ADR; Founder & Senior Partner of Cyna & Co, Chartered Accountants, a fully licensed and accredited public accountancy firm with international affiliations; and was a partner in a large public accountancy firm.
Mr. Cyna is well known in the Canadian Investing community. He is invited to, and attends presentations given by public companies usually 3 or 4 times each week. These presentations are intended by the various hosting companies to present their inside story to sophisticated parties and Investment Managers for the purpose of attracting funding, or of making parties more interested in acquiring shares of those companies. Being a part of this keeps Mr. Cyna deeply involved in the current market and leads to numerous investment opportunities.
Gold & Silver Are in a Consolidation Phase
Gold & Silver What we seem to be experiencing currently, is quite a pull back in all sectors, but precious metals gold and silver have fallen more than most. Gold has shown weakness recently and then quite a fall in the last week, resulting in a price of $1,650 per oz currently – a far… Continue reading Gold & Silver Are in a Consolidation Phase
Some Commentary on the Ineptitude of Government
The September 2011 Market Crash This week, the markets had a very significant decline. Every market in every country had huge down days. Not only stocks, but also gold, metals, commodities, currencies, oil, and everything else fell. You might ask, if everything fell, what was the fall measured against. Currencies are measured against the US$.… Continue reading Some Commentary on the Ineptitude of Government
Follow Value, Not Market Hysteria – Italy Gets Downgraded, Markets Move Up
The Markets Do Not Follow Rational Thought We have often remarked that investors should not follow the pundits. Investors should not follow the doomsayers. Investors should not follow the day to day fears or euphoria of the markets. Pundits and newspapers are all people with advertising space to sell, or people with a particular bent… Continue reading Follow Value, Not Market Hysteria – Italy Gets Downgraded, Markets Move Up
The Volatility of Gold, Gold as a Investment Opportunity
The Volatility of Gold, Gold as a Investment Opportunity We are often asked whether gold is still a good place to invest. There are affecting issues here that investors need consider. The Acceptance by Investors That ETF’s are an Acceptable Investment Due to world currency instability and fears of debt crises spreading, many people have… Continue reading The Volatility of Gold, Gold as a Investment Opportunity
Expect the Unexpected in the Stock Market
Relying on Your Investment Advisor One hires an Investment Advisor in the hope that such a person has devoted most of their waking efforts to analyzing the markets and determining how their clients should invest. In order to assist them in making these determinations, the firms that they work for, supposedly provide these individuals with… Continue reading Expect the Unexpected in the Stock Market
China’s Surprising Level of Debt
In our last two blogs, we described the truly amazing amount of capital infrastructure construction going on in China, and we described how this amazing feat is being financed – by Special Investment Corporations – whose debts are really the debts of individual local governments, but those debts don’t get recorded anywhere. So what we… Continue reading China’s Surprising Level of Debt
China’s Hidden Debt – The Chinese Version of Off-Balance Sheet Financing
In our last blog, we described the modern miracle of Chinese creation of tremendous modern infrastructure. Now we look at how the financing of this modern miracle is occurring. The creation of all of these bridges, buildings, and infrastructure has to be financed, and somehow this debt must be repaid in the future. Western countries,… Continue reading China’s Hidden Debt – The Chinese Version of Off-Balance Sheet Financing
China’s Underground Debt
The New Infrastructure in China When one sees the marvelous infrastructure developments in China, compared to the older and somewhat crumbling infrastructure in the Western world, one has to marvel. There are so many roads, railways, bridges, skyscrapers, malls, hotels, and so much more. It boggles the mind to see the vastness of all of… Continue reading China’s Underground Debt
Beware The Herd Mentality – The Only Sure Thing is a Lack of Surety – The Death Cross
It seems we are in a period of great uncertainty. Everywhere it seems there are signs of negativity. It seems the housing market is falling, European debt is getting out of control, debt continues to mount in the USA, and so on. The Death Cross A Death Cross is a technical indicator that is followed… Continue reading Beware The Herd Mentality – The Only Sure Thing is a Lack of Surety – The Death Cross