E My Internet Woes As Gold Grows

There will be at least one more day without a freshly baked blog, as my website is still unreachable. For the record, the culprit almost certainly was our webhost, Blue Host, part of the Endurance International (EIGI) company, a listed stock. One of its Arizona employees appears to have forced my global-investing.com website to require ridiculous and excessive Captchas without end. This locked me out and briefly also cut me off even from my emails. Now they say because our site uses drupal they cannot restore it.

Hence we are relying on the kindness of others...

TalkMarkets, in which my company has invested, is a website which features content from over 1,200 leading authors. The site is posting our blogs until further notice. Just hit the site and look for my articles here. My tech team leader says the issue with my own site was due to Bluehost upgrading the PHP from 5x to 7x which created compatibility issues diagnosed as a security lapse by the hosting company. It looks like my team is close to a resolution. On to the blog...

Materials

*As discussed yesterday in my article Here's What To Buy As Gold Hits Historic High, I bought shares of Trans-Siberian Gold (TSG.L) on the London exchange at the opening, not with my US bank in the end, but with a UK bank used by a British family member. Buying non-ADRs is an increasing hassle. The stock rose 8.90 in the course of the day hitting GBX 104. Remember those are British pennies, not pounds. The stock is a bargain at a p.e. Ratio of 13.9 and a dividend of 3.8%. It next reports Sept. 18. I think the price may well fluctuate in the interval in which case I will buy more.

While its top operating officers are now Russians its board is mostly British and South African.

*Candian Kirkland Lake Gold, KL, is up 4.3% after briefly topping $51.37 on the NYSE open.

*Cemex (CX) rose 9.54% despite reporting lower sales and earnings because the market expected worse. It has for the past weeks let the world know about what it would report.

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Comments

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William K. 6 months ago Member's comment

When a service organization says "can't" they mean "won't, because it is inconvenient". The result is very inconvenient for the poster, it seems. But welcome to this blog. or collection of articles, well organized.

Some companies are doing well, others are not so well.We are in a damaged world and it will be that way for a while. The plague going around demonstrates the incompetence of most governments, and we should learn from that.

Flat Broke 6 months ago Member's comment

Sorry about your website troubles. At least you got in on the gold high. How much higher do you think it will go?