Video – Tue 6 Nov, 2012

Dr. Peter Megaw, Investing in Mexican Mining stocks

Exclusive from the Silver Summit in Spokane WA, Al Korelin sits down with Dr. Peter Megaw, Founder and Director of Mag Silver (TSX:MAG) to chat about Mexico’s gold production. Dr. Megaw explains how internal conflicts in Mexico, the drug cartels, and high gold prices affect the number of mines in production.

Click below to download a higher resolution image of the chat referred to by Dr. Megaw:…

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Al KorelinPeter Megaw

  1. On November 6, 2012 at 6:15 am,
    Matt says:

    Big Al,
    Many thanks.Mr. Megaw is a scholar and a legend in silver circles.

    • On November 6, 2012 at 7:55 am,
      Big Al says:

      And Matt,

      Peter and his wife are two great people!

      Big Al

  2. On November 6, 2012 at 8:37 am,
    JJ says:

    Morning Punter Al, on the eve of a big day for everyone on this tiny planet to some degree or another. I just hope a clear winner is decided……..

    I hope those 12 silver investments you own are circled around Mag’s property or First Majestic’s that raises your chances for some great % gains.

    O.T.#1 I see the election will cost $6Bill what a waste of money when one considers the results, lol

    O.T.#2 Richard get your nose out of the US$ chart and enlighten me as to why you see 82.5 as a key topping target….I dont see 82.5 on the daily, weekly or monthly as a turn zone, one is always learning as with golf rarely do we play from the same lie

    • On November 6, 2012 at 3:14 pm,
      Big Al says:

      HI JJ,

      What a waste of money should be re-written to say, “What a colossal waste of money!” And, don’t forget the exclamation point.

      It is really a colossal joke, isn’t it?

      Big Al

  3. On November 6, 2012 at 9:15 am,
    Paul L says:

    Sell signal on dollar and buy signal on gold confirmed today. Gold stocks are still in mourning.

    • On November 6, 2012 at 9:33 am,
      JJ says:

      Paul your on it….$31.50 and $1700 resistance broken….imo its all going to be about the follow thru when the world knows who is in the WH for the next four years

      Many on the weekend were pointing out 190 mill oz of silver dumped on the market when NFP report was released….as Sinclair pointed out 190 mill oz were bought in 5 minutes….the jig is up imo as that kind of attack should have had silver heading for $26.50….as Rocky said…is that ALL you got!!!!

      • On November 6, 2012 at 12:51 pm,
        Brad H. says:

        JJ… wow. bought up in 5 mins eh. I’d love some $26.50 silver thoooo.

        • On November 6, 2012 at 1:03 pm,
          JJ says:

          Sorry Brad it was 10minutes…from

          My Dear Friends,

          There is much discussion this weekend of the following:

          Almost 192 million ounces of paper Silver were ‘dumped’ on the market Friday within ten minutes upon the NFP release. This is the equivalent to one-quarter of the world’s annual physical Silver production.
          –CIGA RS.

          Have you for a moment considered that 192 million ounces of silver were purchased on the market on Friday within 10 minutes?

          Respectfully yours,

      • On November 6, 2012 at 3:31 pm,
        Big Al says:

        By the way, JJ – That was one of the best movies that I ever have seen. I actually stood up at the end with tears in my eyes and cheered!

        Big Al

    • On November 6, 2012 at 3:14 pm,
      Big Al says:

      Mine seem to be hanging in there pretty well, Paul L!

      Big Al

  4. On November 6, 2012 at 9:20 am,
    Brad H. says:

    Someone must be covering shorts in a big way and maybe feeling like Obamie is ahead?

    • On November 6, 2012 at 9:38 am,
      JJ says:

      What we need to watch and time will tell is if this is the cartel letting buyers enter with $1700 passing bringing in the bids needed to flush newbee buyers with another attack on the sell side at $1725…..shorts covering some what but I don’t smell shorts burning yet, lol….nothing like the smell of shorts burning in the am

  5. On November 6, 2012 at 11:53 am,
    irishtony says:

    Hello. It’s me again……if any of you are bored with all this election stuff, & feeling a bit down………Then pop out & buy an ounce of silver, hold it in your hand, & whistle a happy tune as you walk home……….It, a wonderful tonic.

    • On November 6, 2012 at 3:25 pm,
      Big Al says:

      Okay, Mr. Irish, but a happier tune with a pack of Guinness under my arm!

      Big Al

      P.S. Already have silver but my Guinness keeps disappearing!

  6. On November 6, 2012 at 11:59 am,
    benb says:

    might be a change in chinese leadership coming. theres a little political risk for ya if ya got interest in chinese mining. political everywhere, does any “old timer” remember when politics counted for so much with investing? or is this stuff actually normal?
    I really havnt been around long enought to know.

    • On November 6, 2012 at 12:23 pm,
      JJ says:

      benb how refreshing that a younger investor notices the current market action inplace imo since March 2009=QE#1

      I’m of the old school market when markets decided value not government speak or intervention….I was fortunate to retire very early and alot has to do with the markets based on economic data/growth being alot easier to read and that was when I was a buy and hold investor.

      Today imo trade it or lose it, not because I’m a stress junkie but because markets are not allowed to flow naturally.

      Hang in there you’ve already ahead of the “sheeple” by noticing the interference

      Normal markets are behind us forever imo.

  7. On November 6, 2012 at 3:00 pm,
    benb says:

    Hi JJ, thanks, I actually was lucky enough to get “back” into markets about 2 weeks prior to 08 crash? maybe 07 i forget. Loseing 70% in 2 weeks made me realise “i better know somthing if im going to play this game” Had there been no crash I would have gone along uneducated. In amy case, i believe i was into gold in 1980, but every time i figured it should go up, and it did, someone would sell tons and the price would drop. So I got out.I didnt know it then but it was manipulated. In 08 I couldnt believe the info available to investers. Compared to no computer in 1980. Little did I know, that the corruption increased along with the info. oh well, now I am back to gold, manipulation or not. I wish I could disagree with you about “normal”, maybe we are in the new normal.