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To: elpolvo who wrote (82911)2/21/2012 5:39:52 PM
From: abuelita
   of 92333
 
lep86-

i'll see if i can get your photo published on
your birthday too.

i've got an in with the guy.

-joser

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To: abuelita who wrote (82916)2/21/2012 10:20:36 PM
From: Wharf Rat
   of 92333
 
Takes a lot of hard work to become an icon.
Busy busy busy.

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To: Wharf Rat who wrote (82923)2/22/2012 11:25:58 AM
From: abuelita
   of 92333
 
for your reading pleasure, treasure ....


http://etfdailynews.com/2012/02/21/heres-how-iran-could-launch-silver-to-100-slv-gld-agq-zsl-sivr/


February 21st, 2012








Dominique de Kevelioc de Bailleul: As the latest news from Tehran suggests Iranian oil exports to France and the UK will be cut off in response to EU sanctions on the world’s fifth largest oil producer, the oil price inches to a breakout price above $105 per barrel. Silver, too, is again prepping in sympathy for the possibility of a major move up to test $37, which, if cleared, could prompt traders to eye the last bastion of resistance at $50!

In essence, by his latest move, the confident and smiling and Ahmadinejad has told the Obama Administration to ‘bring it on’ and be thrown out of office as the US teeters to a market-driven bankrupt, not unlike Russia 1989 following its war with Afghanistan. Get my next ALERT 100% FREE

Iran’s oil ministry spokesman Ali Reza Nikzad-Rahbar stated on the ministry’s Web site during the weekend that “crude oil exports to British and French companies have been halted,” adding, “We have our own customers and have no problem to sell and export our crude oil to new customers.”

The threat of $150+ (maybe more likely $200) oil price from an attack on Iran during an election year will most assuredly usher in a Republican, and Obama knows it. Inflation will kick him out of the presidency as fast as Jimmy Carter tumbled out of the Oval Office in 1980—over the same issue: Iran.

“Above $115, there really isn’t any technical resistance until the $140 level, near the all-time high,” technician Dan Norcini told King World News. “If we see two consecutive closes above $115, you dramatically increase the odds that crude oil will be revisiting the all-time highs near $150. . .”

On the other hand, the inflation that’s already primed into the financial system can be masked by a war with Iran, providing perfect cover for the Fed and its drive to lower the value of the U.S. dollar. Could Obama benefit politically as a war-time president? History shows Americans rally around their president during war irrespective of his popularity prior to the war.

What this may mean, is silver (NYSEArca:SLV) bugs could soon have their day in the sun despite the blatant dereliction of duty at the CFTC to put an end to JP Morgan’s criminal enterprise.

So, it turns out, instead of the ‘good guys’ ensuring a free market in silver, Iran, backed by the might of Russia and China, could free silver from the financial repression scheme of US policymakers.

The chart, below, shows the relationship between the oil and silver price. As oil ran away from the silver in 2008, silver caught up with crude during the monster silver rally of July 2010 – April 2011, taking the price of silver from $18 to nearly $50 within eight months.



How high the silver price can achieve during the next rally could pop some eyes for sure.

The silver market is razor thin. And with reports from both Eric Sprott of Sprott Asset Management, Goldmoney’s James Turk and the U.S. Mint indicating that the number of dollars moving into the silver market has equaled the amount of dollars moving into the gold market for months following the violent 50 percent silver correction last year, it’s difficult to imagine anything but spectacular moves to the upside could result.

Sprott recently told the Silver Doctors:

“ . . . [investors are] buying 50 times more physical volume of silver than they are gold. And when you go to the US Mint site, they sell the same number of dollars of silver as gold. Which means people are buying 50 times the volume of silver than gold.

“But when you look at what’s available to buy- you know we produce 80 million ounces of gold a year, and maybe 70 million of that is available for investment, and we produce 900 million ounces of silver, and theoretically let’s say 200 million ounces are available for investment, well that means you can only buy 3 times more silver than gold for investment purposes.

“But we see so many instances where the ratio is 50 to 1! And GoldMoney’s the same thing. Almost every time I talk to a metals dealer my favorite question- How much silver do you sell vs. gold? And every time, I get the same answer: We sell as many dollars of silver as gold. Well, that’s impossible. It’s just impossible that people can keep buying at that rate, and we not end up with some type of shortage. It’s those data points that make me so optimistic about silver.”

The chart, below, suggests a move in oil to $150 could spark that silver breakout above $50 that silver bugs have anticipated since the beginning of the year. At $150 oil, silver could clear $50 easily, moving traders to the next target of the round number of $100.



Numerous predictions of big moves in silver for 2012 have streamed in since the start of the new year. One standout, financial author Stephen Leeb, told King World News on Jan. 31 that he wouldn’t be surprised if silver cracks $100 in 2012. He believes that, not only is silver an under-priced monetary metal, it’s a critical industrial metal for China’s alternative energy programs.

“I think the outlook for silver, both as an industrial metal and certainly as a monetary metal, is as bright as it can possibly be,” he said. “I’m sticking with my target of at least $100, but I tell you, Eric [King], it will happen this year. We are definitely headed for triple digit silver in the not too distant future.”

Related: ProShares Ultra Silver (NYSEArca:AGQ), ProShares UltraShort Silver (NYSEArca:ZSL), iShares Silver Trust (NYSEArca:SLV), SPDR Gold Trust (NYSEArca:GLD), ETFS Physical Silver Shares Trust (NYSEArca:SIVR).

By Dominique de Kevelioc de Bailleul From Beacon Equity Research

BeaconEquity.com is committed to producing the highest-quality insight and analysis of small-cap stocks, emerging technology stocks, hot penny stocks and helping investors make informed decisions. Our focus is primarily OTC stocks in the stock market today, which have traditionally been shunned by Wall Street. We have particular expertise with renewable energy stocks, biotech stocks, oil stocks, green energy stocks and internet stocks. There are many hot penny stock opportunities present in the OTC market everyday and we seek to exploit these hot stock gains for our members before the average daytrader is aware of them.

Related posts:

  1. Iran Could Make Silver Bugs Filthy Rich (SLV, PSLV, AGQ, GLD, ZSL, SLW)
  2. Gold:Silver Ratio Screams BUY SILVER (SLV, GLD, PSLV, AGQ, ZSL, SIL, SIVR)
  3. Silver Prices: Resistance Reference Barrier To Watch In The iShares Silver ETF (SLV, AGQ, PSLV, ZSL, SIL, SIVR)
  4. Silver Prices: The Dollar Confirms A Possible Silver Pullback (SLV, AGQ, ZSL, PSLV, SIL, SIVR, HL)
  5. Silver Investing: Exposing Silver Mythology; Part I (SLV, AGQ, PSLV, GLD, ZSL, SIL, SIVR)

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To: abuelita who wrote (82924)2/22/2012 10:35:06 PM
From: Wharf Rat
   of 92333
 
One of these years
:>)

Aside from that,

"the oil price inches to a breakout price above $105 per barrel"

Whoa, Nellie...

Pay no attention to West Texas; your gas comes from Alaska, darlin,' and there was just a big fire at the Wash. BP refinery, to boot.


Record sterling oil price sparks fears

European countries are facing pressures on economic recovery as the price of oil hits an all-time high in sterling and flirts with the euro-terms record high set 2008.

"This is a regional oil shock," said Amrita Sen, commodities analyst at Barclays Capital in London.

In euro terms, the oil benchmark reached a three-year high of €92.70 a barrel, a fraction below the peak of €93.50 a barrel set in July 2008.
==

yesterday..

Alaskan North Slope (ANS) Crude Oil Spot Price
$124.34000 +2.60000
bloomberg.com


louisiana Light Sweet 123.34000

Brent 122.43

Minas 131.25000 (Asia)

Tapis 128.99000 (Asia)

WTI 105.84
=

Gas was up 4 cents Sun nite, 6 more cents while I was in town today. $4.09 for regular.
I'm feeling good; last summer I told Malila and her boss that I thought their bids for projects this year, figuring gas at 5 bucks, was a pretty good guess.

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From: Mannie2/22/2012 11:36:09 PM
   of 92333
 
Here's a new tune from great young group......

soundcloud.com

I've known the guitarist since he was about 16, and he is spectacularly talented.

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To: Wharf Rat who wrote (82925)2/23/2012 12:31:27 AM
From: abuelita
   of 92333
 
Gas was up 4 cents Sun nite, 6 more cents while I was in town today.
$4.09 for regular.

wow! that's great.

i paid the equivalent of $5.65 today :(
good thing i don't drive much.

still, i'd better get the bicycle out and cleaned up.

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To: Mannie who wrote (82926)2/23/2012 12:31:56 AM
From: abuelita
   of 92333
 
very nice scooter.

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To: abuelita who wrote (82927)2/23/2012 11:38:57 AM
From: Wharf Rat
1 Recommendation   of 92333
 
Message 27967217

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To: Wharf Rat who wrote (82929)2/23/2012 1:11:26 PM
From: abuelita
   of 92333
 
thank you very much for posting that mike.

a remarkable young man who has got it right.

most inspiring.

-rose

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To: abuelita who wrote (82930)2/23/2012 2:26:48 PM
From: Wharf Rat
   of 92333
 
chicken dance

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