Owner: Gold Speculator URL:www.gold-speculator.com Join Date: Thu, 24 Jul 2008 15:24:29 -0500 Rating:0 Site Description: Come and read contrarily point of view on financial markets, commodities and currencies. Editors publish their daily ideas for anyone seeking to protect themselves from the upcoming economic turbulence. Also check out Calvin’s picks for latest companies t Site statistics:Click here
The Normalcy Of Violence In Gold 0000-00-00 00:00:00 The Normalcy Of Violence
In Gold
Author: Jim Sinclair
Dear Friends,
I apologize for the late email and postings, but corporate responsibilities took up the day. I had an important meeting in the Sharon, CT office today.
My job here on www.JSMineset.com is to speak my opinion on a daily basis to the substance of gold as a certain medium of insurance against the unst
House passes housing bill 0000-00-00 00:00:00 Every time I read something like that, I want to get as much gold is possible... Is it just me crazy like that? I hope not.... :) See for yourself...
"The current debt limit is set at $9.815 trillion. Under the bill, it would be increased to $10.615 trillion to accommodate the federal government's continued deficit spending." Plus add to that all the debt that Freddie and Fannie carry on their bo Read more:House
BP recalls its last staff from Russia 0000-00-00 00:00:00 BP recalls its last staff from Russia
- Telegraph
*** EXCERPT ***
BP recalls its last staff from Russia
By Russell Hotten, and Adrian Blomfield in Moscow
Last Updated: 10:50pm BST 22/07/2008
BP's battle to stay in oil-rich Russia has been dealt a major blow after the UK company was forced to withdraw its last engineers and technical staff from the country.
After months of pressure the com
House Prices: Home improvements are a waste of money 0000-00-00 00:00:00 House Prices
: Home improvements are a waste
of money - Telegraph
*** EXCERPT ***
House Prices: Home improvements are a waste of money
By Paul Farrow
Last Updated: 8:58pm BST 22/07/2008
Falling house prices means that home improvements such as a new kitchen or Read more:House
, House Prices
The global economy is at the point of maximum danger 0000-00-00 00:00:00 The global economy
is at the point
of maximum danger - Telegraph
*** EXCERPT ***
It feels like the summer of 1931. The world's two biggest financial institutions have had a heart attack. The global currency system is breaking down. The policy doctrines that got us into this mess are bankrupt. No world leader seems able to discern the problem, let alone forge a solution.
The International Monet
Rick Rule: “Its better to be a contrarian than it is to be a victim." 0000-00-00 00:00:00 "Only invest in things you understand very well."
“Its better
to be a contrarian than it is to be a victim
,”... “If you are of a contrarian mind-frame, and you are solvent enough that you can use volatility as a tool rather than being victimized by it, these [resource] markets could work for you. Use your head. When stuff becomes less expensive, stuff becomes more desirable. Don’t be afra
Gold: the precious laggard that will hit $2,000 0000-00-00 00:00:00 Gold: the precious
laggard that will hit $2,000 - Telegraph
Calvin's comment: It's amazing how the possibility of $2000 gold is making news in the popular press. Such talk was reserved for the "fringe" news boards and goldbug sites until recently. The gold bull is gaining momentum as we speak.
*** EXCERPT ***
Gold: the precious laggard that will hit $2,000
By Ian Williams, Charteris Treasury
US faces global funding crisis, warns Merrill Lynch 0000-00-00 00:00:00 US faces
global funding crisis, warnsMerrillLynch
- Telegraph
*** EXCERPT ***
The US Treasury is running out of time before foreign patience snaps, writes Ambrose Evans-Pritchard
Merrill Lynch has warned that the United States could face a foreign "financing crisis" within months as the full consequences of the Fannie Mae and Freddie Mac mortgage debacle spread through the world.
Draining aw
Resource Fortunes Premium Newsletter 0000-00-00 00:00:00 Click here for the July 2008 Issue
To subscribe to the Resource
Fortunes Premium
Newsletter for a risk-free 30 day trial, visit: Resource Fortunes
The cost is only $2.99 for the first 30 days!...
Welcome! to our newest contributors Resource Fortunes 0000-00-00 00:00:00 The Gold Speculator team would love to welcome the Resource
Fortunes team as contributors to our site! They have a wonderful track record as far as their recommendations are concerned and they're articles are highly informative and well worth your time. I must say that their work vibes well with my own research and as a result I always enjoy their reads.
Below is an introduction to the members of Read more:Welcome
Is America too big to fail? 0000-00-00 00:00:00 Is America
too big to fail? - International Herald Tribune
*** EXCERPT ***
Testifying to Congress, from left: Henry Paulson Jr., the U.S. Treasury secretary, the Fed chairman Ben Bernanke, and Christopher Cox, the Securities and Exchange Commission chairman. (Susan Walsh/AP)
Is America too big to fail?
Where PPI Goes, CPI is Sure to Follow 0000-00-00 00:00:00 July 21, 2008
The Producer Price Index (PPI) and Consumer Price Index (CPI) are both measures of inflation tracked by the U.S. Department of Labor.
In the 1970s and 1980s, the PPI was an excellent leading indicator of where the CPI was headed. Producers, after all, are the first ones forced to absorb rising commodity costs, which eventually they pass on to the consumers in the form o
Wal-Mart: the new FDA 0000-00-00 00:00:00 Wal-Mart: the new FDA - Jul. 16, 2008
This is exactly how free markets should work. The need for federally regulated pseudo-agencies is uneccesary. Government agencies are always terribly inefficient and and horrible at allocating capital and resources properly.
*** EXCERPT ***
Wal-Mart: the new FDA
A chemical used in plastic baby bottles is being driven off retailers' shelves not by regulator
The Fannie and Freddie doomsday scenario 0000-00-00 00:00:00 The Fannie and Freddie
doomsday scenario
- Jul. 9, 2008
What I expect from the mortgage and credit market meltdown is a bunch of 'zombie' companies that are technically insolvent but as a result of efforts to forestall failure, the government will "bailout" these companies in an effort to stabilize markets. This will in effect cause a prolonged liquidation scenario such as the one Japan experienc
Citigroup's $1.1 Trillion of Mysterious Assets Shadows Earnings 0000-00-00 00:00:00 Bloomberg.com: Exclusive
*** EXCERPT ***
Citigroup
's $1.1 Trillion
of Mysterious AssetsShadowsEarnings
By Bradley Keoun
July 14 (Bloomberg) -- At an investor presentation in May, Citigroup Inc. Chief Executive Officer Vikram Pandit said shrinking the bank's $2.2 trillion balance sheet, the biggest in the U.S., was a cornerstone of his turnaround plan.
Nowhere mentioned in the
Why the Mania Phase in Gold May Be Upon Us 0000-00-00 00:00:00 Why the Mania
Phase in Gold May Be Upon Us
By Jeff Clark
Editor of BIG GOLD
Casey Research
That’s right: the long-awaited Mania stage in gold may be nigh. How can I make such a claim? After all, some have been screaming “It’s here! It’s here!” for months or even years. So I propose that instead of simply declaring that Mania time is near, I lay out the facts and see if you com
Armed and Dangerous 0000-00-00 00:00:00 Armed and Dangerous
Peter Schiff, July 18, 2008
This week, with the nation’s financial infrastructure crumbling before our very eyes, the nation’s top two economic policy makers made their way to the Congress for an extraordinary episode of political theater. Fannie Mae and Freddie Mac, the quasi-government entities that form the backbone of America’s gargantuan mortgage market, ap Read more:Armed
Dow Hits Fair Value - July 18, 2008 0000-00-00 00:00:00 Dow Hits Fair Value
Adam Hamilton July 18, 2008 2756 Words
In recent weeks a major secular milestone was achieved in the US stock markets. But because of all the distracting market turbulence, very few investors are even aware it happened. And truth be told, even if the markets weren’t plunging I still suspect only the most diligent students of
Heating Oil Stocks Reach Record Lows 0000-00-00 00:00:00 July 16, 2008
With crude oil capturing much of the headlines of late, little notice has been given to another developing energy story – residential heating oil. As shown in the chart, heating oil stocks (reserves) have reached their lowest levels since 1993 when the Energy Information Administration (EIA) started keeping track of this statistic.
Diesel fuel, a similar refined oil p Read more:Heating
, Reach
, Record
, Stocks