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Procter & Gamble Co T.PG


Primary Symbol: PG Alternate Symbol(s):  N.PG

The Procter & Gamble Company is focused on providing branded consumer packaged goods to consumers across the world. The Company’s segments include Beauty, Grooming, Health Care, Fabric & Home Care and Baby, Feminine & Family Care. The Company’s products are sold in approximately 180 countries and territories primarily through mass merchandisers, e-commerce, including social commerce channels, grocery stores, membership club stores, drug stores, department stores, distributors, wholesalers, specialty beauty stores, including airport duty-free stores), high-frequency stores, pharmacies, electronics stores and professional channels. It also sells direct to individual consumers. It has operations in approximately 70 countries. It offers products under brands, such as Head & Shoulders, Herbal Essences, Pantene, Rejoice, Olay, Old Spice, Safeguard, Secret, SK-II, Braun, Gillette, Venus, Crest, Oral-B, Ariel, Downy, Gain, Tide, Always, Always Discreet, Tampax, Bounty and others.


NYSE:PG - Post by User

Bullboard Posts
Comment by flayeron Apr 17, 2013 4:49pm
192 Views
Post# 21267517

RE: At these prices and other stuff

RE: At these prices and other stuff

I love to support any positive theory regarding our shares and specifically our portfolio of assets, but looking at the share price of every publicly traded Senior Producer leads me to believe they`ll be curtailing any acquisition plans unless they have an extremely compelling reason to make a move. Many of these Sr companies already have development plans for projects that are all-of-a-sudden less robust than they were a few short weeks ago, based on the current Au price. Rahill-Bonanza may be compelling enough for Goldcorp to make an aggressive move on us in the short term though....imvho.

 

The current gold price: I`m reading some info that was posted on a competing board (SH will not allow me to post a link) that predicts that the COMEX will default as early as next week....that no more metal will be delivered.....that GAME-OVER has arrived and that `they`engineered this price decline in order to push prices as low as possible before the default - this way those holding massive short position in gold and silver will not have to cover their positions, and will be allowed to settle in CASH! Interesting scenario which would get JPM and co off-the-hook.

 

On Friday we will see the updated COT report which will reveal exactly what the Commercial`s were up to on Friday and Monday - if JPM and Co were able to close out a large chunk of their grotesque short position in the metals, which will be revealed in this Friday`s report, it could set the stage for a powerful reversal to the upside.

 

From Gartman today - Ed Steer also has this in his daily summary which puts this price decline in perspective, and supports the theory that there are forces working to keep the metal`s price down (this is good):



Dennis Gartman of The Gartman Letter quoting Jim Brimelow:
 

Quote:
"Concerning gold, let’s note firstly something sent to us by our old friend John Brimelow, who had a most interesting piece in his commentary this morning regarding the violence of the recent price changes. He noted a piece written by Russell Rhoads, CFA of the CBOE Option Institute, who wrote the following:

"’Friday was a 4.88 standard deviation move in the price of gold. For simplicity’s sake let’s call it a five standard deviation move. Statistically we get a five standard deviation move approximately once every 4,776 years. So we should not expect another move like this out of the price of gold until May 17, 6789. … Currently the two-day price change in GLD is 16.65, which can be converted to just over eight standard deviations. I wanted to share what this comes to, but the table I use only goes up to seven standard deviations. Let’s just say the sun is expected to burn out first.’"



 

 

 

 

Bullboard Posts