Iraq revisited
Daniel Broby (December 4th, 2008) Writes:
Bank of Iraq;, Bjorn Englund;, Copenhagen, Dar El Salam Investment Bank;, Frontier Markets, Hsbc, Iraq, oil resource story;, Prince Edward Island, USD
Daniel Broby (December 4th, 2008) Writes:
Sean Brodrick (December 3rd, 2008) Writes:
Contrarian Profits (November 26th, 2008) Writes:
The Fed’s plan to bailout indebted consumers and mortgage holders may sound impressive on paper (remember when $800 billion sounded like a lot of money), but it may just be “spitting in the wind.”
- So says economist Michael Darda, chief economist at MKM Partners LP in Greenwich, who is quoted on Bloomberg this morning. According to Darda, “Banks won’t be throwing a lot of loans out there when they fear - rationally - those loans may not be paid back.”
- We’re reminded of the plight of the the unfortunate French ducks who have their livers forcefully fattened to produce foie gras (literally “fatty liver”). The Fed is determined to force feed debt down the throats of already indebted Americans so that said already indebted Americans can go out and spend said debt.
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Edward Hugh (November 23rd, 2008) Writes:
Contrarian Profits (November 14th, 2008) Writes:
There wasn’t a lot of activity in Thursday’s trading in gold in the Far East. However, at 3:00 a.m. New York time, there were some signs of life…but even the slightest attempt at a rally was met by equal bouts of selling. This ‘up-down-up-down’ activity went on for eight hours.
But shortly after the London p.m. fix was in, a serious seller showed up and took both gold and silver down to their respective lows of the day. Then, at precisely 1:00 p.m., G-Dubya opened his mouth…and one of the biggest turnarounds in gold, silver…and the stock markets…took place. The prices of both metals continued higher into after-hours trading on the Globex. Once again, these rallies in gold and silver looked like short covering to me. But, regardless of the cause of the price rises, the precious metals stocks did equally as well. Volume was only so-so in both metals.
Gold open
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IndexUniverse Staff (November 12th, 2008) Writes:
Index holdings must be available to foreign investors and have a minimum average daily traded value of $1 million.
HSBC has launched the HSBC Optimised Global Water Index, and plans to bring out a number of investment products pegged to the concentrated global water benchmark. The HSBC Optimised Global Water Index is a modified market-cap-weighted index comprising a maximum of 20 stocks. It exists in two versions: the Global Water Total Return Index, which includes ex-dividend adjustments; and the Global Water Price Return Index, which excludes the effects of dividends. Index holdings must be available to foreign investors and have a minimum average daily traded value over three months of $1 million. Index companies must be engaged in water and water-related businesses including water collection, storage, purification, distribution, metering, desalination and sanitation, but it is not a pure-play index, as companies whose business is closely linked to water
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Contrarian Profits (November 11th, 2008) Writes:
I assume that bond buyers are all drug addicts who are not aware of what they are doing, morons who are not aware of what they are doing, or grubby slicksters who are buying them on behalf of drug addicts and morons! Hahaha!
I said out loud to the family, “This is interesting news! Bloomberg.com says, ‘The U.S. government’s borrowing needs will almost double to $2 trillion this fiscal year, prompting the Treasury to revive three-year notes and hold more frequent sales of 10- and 30-year debt, according to Goldman Sachs Group Inc. (NYSE:GS)’”
I forced a wooden smile onto my face as I stood up and slowly - so as not to draw attention to myself - started walking towards the kitchen so as to run out of the back door, bolting like a scared little coward to the Mogambo Secret Bunker Of Security (MSBOS) so that I could frantically
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Robert Amsterdam (November 7th, 2008) Writes:
Contrarian Profits (November 3rd, 2008) Writes:
In early Friday morning trading in the Far East, both gold and silver were taken down sharply. Volume was thin in both metals, so it wasn’t hard for someone to influence the price. Gold gained most of it back, but once the Sydney close was in…the price pressure showed up again until shortly after London opened…then rose again until the London p.m. fix was in…and it was straight down hill from there.
The low price of the day was set at the Comex close. All in all, the gold price was dropped $60 in a thirty four hour period…from a high of $776 at 4:00 a.m. New York time on October 30th…to the low at the Comex close at 1:30 p.m. New York time yesterday. I’m sure that the boyz were proud of their month-end tape-painting…which is exactly what it was.
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Contrarian Profits (November 3rd, 2008) Writes:
In early Friday morning trading in the Far East, both gold and silver were taken down sharply. Volume was thin in both metals, so it wasn’t hard for someone to influence the price. Gold gained most of it back, but once the Sydney close was in…the price pressure showed up again until shortly after London opened…then rose again until the London p.m. fix was in…and it was straight down hill from there.
The low price of the day was set at the Comex close. All in all, the gold price was dropped $60 in a thirty four hour period…from a high of $776 at 4:00 a.m. New York time on October 30th…to the low at the Comex close at 1:30 p.m. New York time yesterday. I’m sure that the boyz were proud of their month-end tape-painting…which is exactly what it was.
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