This analysis is from Evan Smith and Brian Hicks, co-managers of the Global Resources Fund (PSPFX). Oil prices have bounced more than 150 percent off of December 2008 lows but inventory levels remain at historically high levels despite a healing global economy. However, Goldman Sachs says robust 2010 oil demand growth will deplete these inventories over the next 12-to-18 months and diminishing production rates in key areas around the world will create a supply/demand imbalance. The above chart shows the decline in production from the worldrsquo;s top 230 projects. After peaking in 2009, production from these projects is set to fall for the next several years. Excluding OPEC countries (right chart), the decline rates quadruple from 2007 to 2012 (est). Over that time period, non-OPEC production is expected to fall by 2.5 million barrels per day. Only Brazil, Canada and the former countries of the Soviet Union are expected to see production growth. One of ...

Dr Stock Pick HOT News & Alerts!

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Friday October 30, 2009

DrStockPick.com Article

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Too big to fail, is still heavy in the derivative market, and primed for a gigantic collapse.

Congress needs a chimney sweep to clean the soot from the smoke they’ve been blowing. Our do nothing congress; well we can’t really say do nothing, they did bail out the banks, and they have raised more money for themselves this session from Insurance, health care and bank lobbyists than in any other one year period, and the year isn’t even over. Now they are spreading the word, the gospel of Obama, it’s time to

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Oct. 29, 2009 (PR Newswire) — SEATTLE, Oct. 29 /PRNewswire-FirstCall/ – Mantra Venture Group Ltd. (’Mantra’, OTCBB: MVTG, FSE: 5MV) is pleased to announce that it has signed a Letter of Intent (LOI) with King Fahd University of Petroleum & Minerals (KFUPM) based out of Dhahran, Saudi Arabia. Under the terms of the LOI, Mantra and KFUPM’s Center for Refining and Petrochemicals (CRP) have expressed a mutual interest to explore and research new processes that would use Mantra’s Electroreduction of Carbon Dioxide (ERC) reactor, a form of carbon recycling.

Current processes developed by Mantra have been demonstrated as effective in converting CO2 into a variety of valuable chemicals, including: formate salts, formic acid, oxalic acid and methanol. While each of these end-products has a significant market value, Mantra is now looking to create additional value in its ERC technology by expanding this list. The CRP Research Institute of KFUPM

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DrStockPick.com Watch List!

My Picks for Friday October 30, 2009, are:

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FTR, Frontier Communications Corporation

FTR is a full-service communications provider and one of the largest local exchange telephone companies in the country serving rural areas and small and medium-sized towns and cities.

FTR offers telephone, television and Internet services, including wireless Internet data access, as well as bundled offerings, specialized bundles for small businesses and home offices, and data security solutions.

** FTR’s pending acquisition of Verizon Communications’ local wireline operations has received approval from the Public Utilities Commission of Nevada.

More about FTR at www.frontier.com

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MVTG, Mantra Venture Group Ltd., MVTG.OB

MVTG, through

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TROY, MI — (Marketwire) — 10/29/09 — Viper Networks, Inc. (PINKSHEETS: VPER), a global telecommunication network operations and technical management company, announced today that it has signed a Letter of Intent to acquire a 49% interest of a privately held, profitable construction company based in Saudi Arabia, for a combination of cash and stock.

Farid Shouekani, President of Viper Networks, commented: “As we continue to aggressively expand our telecommunications division, this acquisition not only provides the Company with a sizable investment in existing real estate and construction projects throughout the Middle East, but also provides us immediate access to a well established team of proven professionals to help bring our non-teleco related projects to fruition in the Company’s emerging real estate, construction and energy divisions.”

Mr. Shouekani continued, “This additional interest in high-quality properties in our core markets represents an excellent opportunity for Viper Networks to add value with a

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Early today, Weatherford International Ltd. (WFT) reported weaker-than-expected third-quarter 2009 recurring earnings of 13 cents per diluted share, compared to the Zacks Consensus Estimate of 13 cents and year-ago earnings of 55 cents. The year-over-year decrease primarily reflects the sharp drop in North American revenue on the back of 52% lower rig count. We have adjusted the reported earnings of 11 cents per share for one-time charges (mainly expenses associated with Weatherford’s withdrawal from some countries and severance costs related to restructuring activities) of 2 cents per share. Total revenue declined more than 15% year-over-year to $2.15 billion. Of this, North America, Middle East/North Africa/Asia, Latin America and Europe/West Africa/CIS segments accounted for 29%, 28%, 24% and 19%, respectively. North American revenue decreased 47% year-over-year to $620 million on the back of a 52% lower rig count. This segment posted an operating income of $33 ...

Stocks are lower as a weaker U.S. dollar help lift commodity prices and Johnson & Johnson’s third-quarter sales figures disappointed investors

Stocks fell on Tuesday after disappointing quarterly sales figures from economic bellwether Johnson & Johnson (NYSE: JNJ) sparked worries about consumer spending, offsetting a lift from higher commodity prices.

The Nasdaq gave up its initial gains at the open.

The Dow Jones industrial average was down 53.66 points, or 0.54 percent, at 9,832.14. The Standard & Poor’s 500 Index was down 7.19 points, or 0.67 percent, at 1,069.00. The Nasdaq Composite Index was down 5.16 points, or 0.24 percent, at 2,133.98.

Yesterday’s Top Performing Small Cap Stock:

GWS Technologies, Inc, (OTC BB: GWSC) was a SmallCapVoice.com top performer yesterday closing up over 8% on trading volume of 19,747 shares.

GWS stands for GreenWindSolar. GWSC is a renewable energy technology company developing and marketing solar and wind-powered renewable energy products and solutions. Our

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Markets advanced Monday morning, with oil reaching a 6-week high above $73 a barrel, a rally in European stocks after Royal Philips Electronics announced its glowing earnings report, and a general sense of economic recovery. Going into a foreseeably light Columbus Day of trading, a weaker dollar has pushed all major energy and commodities sectors notably higher, extending last week’s gains, in anticipation of an onslaught by a spate of Q3 earnings data over the next few weeks.

Intel is poised to offer solid earnings data Tuesday afternoon and many investors are expecting a bullish Q4 outlook from the company, setting a positive tone for chip manufacturers. Fairchild Semiconductor (FCS) and Cypress Semiconductor (CY) data will be out before Thursday’s markets open with Advanced Micro Devices (AMD) posting its report after the close. Nokia, IBM and Google will also report Thursday with JPMorgan Chase & Co., Goldman Sachs Group Inc.,

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I’m moving to China … possibly to live in a bunker. At least that was my inclination after listening to a presentation by Jim Rogers yesterday.

Now don’t get me wrong―Mr. Commodities wasn’t all doom and gloom. In fact, his talk was both informative and highly entertaining. But Rogers doesn’t sugarcoat things―he’s very matter-of-fact about his concerns and projections for the future. And most of them don’t bode well for the U.S.

I’ll be posting an interview with Jim Rogers on the site in the coming week, but for now, I just wanted to offer some highlights from his speech at ETF Securities' mini-conference and the Q&A that followed.

1. The 21st century belongs to China

According to Rogers, the 19th century was the era of the British Empire and the 20th century was the

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Pandora’s Box of rate hikes is opened! Is the dollar being removed from oil trades? Deficits do matter, eh? Gold heads toward its all-time high…And Now… Today’s Pfennig!

Good day… And a Terrific Tuesday to you! A Tuesday morning that is seeing a HUGE currency rally VS the dollar on the news that the Reserve Bank of Australia (RBA) opted to go ahead and hike rates now, and not wait for November’s meeting,

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