Oldtent Archives 2007 - 2008

http://tinyurl.com/yrd7k2
[Open in new window]

few years can be built around Monty Guild’s observation on JSMineset, 15 N0v 07, where he said “The challenge to security comes partly from the difficulty of replacing oil as a transport fuel.  Thus, the concentration of likely supply in the Middle East is inevitably a concern.  So, too, is Europe’s growing reliance on Russian gas”. 

I think that there are enough geopolitical dimensions involved there to challenge the best of fundamental and technical analysts.  Somehow I am unable to separate these complicated energy scenarios from the future of the PM market.

the answers are forthcoming:    my wife still has pendant made from $5 dollar gold piece given to her by her  father; I also gave her a $20 dollar gold st. gaudans  coin in a fillegree bezel (big and heavy) very nice.     for investments- buy gold eagles- period.    of course there is that dress made out of gold eagles—–  VERY heavy and very expensive   but oooohh so nice.

At a glance I see an A wave done and a B and the C just starting. But that can only be either wrong or just the bigger A. All corrections have choppiness so that IMO will come. Also, IMO enough ta damage to the chart has been done that it will take time to sort out. And also IMO don’t expect a ‘V’ bottom.

You got it wrong. You get physical /// you buy gold. Simple uneventfull 1/10 ouncers through 1 ouncers. As long as the purity and weight are stamped they will do fine.

How can any inflation be a good thing? What’s the difference between real

and induced inflation? I think the Mogambo Guru would like to have a talk

with you. Inflation is still inflation weather it’s 3% or 1000%. How does

inflation help an economy?

Auric

Chart potential over the next couple of years to about $100+. 

Actually (where is swinkie when you need him) my wife has some necklaces with different gold coins - some historic some panda - but I bet those will not be confiscated?

They’re trying to draw a head and shoulders again.

(I wonder if this one will have 27 left shoulders and 14 middle shoulders like the famous K analysis?)

IMO jewelry is the way to go. Portability problem solved.

Mrs. Hollywoodgold here sneaking online to ask what is the best way to buy physical. My husband says Saint Gaudens. But I’m thinking that it shouldn’t be a mint issued coin but should be wearable. LOL How about Credit Suisse 1 oz necklaces? What is the answer to the all important physical question?   sp

Here are some links to some articles in our local paper.  I think they really are on a mission and want to move forward.

“Oilsands in every direction”

http://tinyurl.com/27e8ag
[Open in new window]

 Article about Petrobank also getting in on the act

http://tinyurl.com/2jrlso
[Open in new window]

Estimates top 1B barrels

http://tinyurl.com/2qyqw2
[Open in new window]

 Not that they don’t have some issues:

Allies In Sustainable Poverty

Clearwater River Dene First Nation and the neighboring community of La Loche are among the most economically challenged in the province, with all the accompanying social ills - crime, substance abuse, welfare dependence. But save your sympathies. Apparently, they like it that way;

Christopher Hopkins, the president and CEO of Oilsands Quest Inc., gets a steely look in his eyes when you ask him about the reason he’s moving the bunkhouses from one of the two camps his company had constructed at the Axe Lake oilsands project in the northwestern corner of Saskatchewan.He’s moving the camp infrastructure, which can house up to 100 workers in hotel-level comfort, to the Alberta side of the border, where Oilsands Quest also has oilsand leases on land contiguous to its Saskatchewan property.

The move west to Alberta is more than symbolic to Hopkins, whose company was in the news this past June when road access to his camps was cut off on Saskatchewan provincial Highway 955 when members of the Clearwater River Dene First Nation, under the direction of Chief Roy Cheecham, refused access for vehicles or people headed to the Oilsands Quest camp.

The blockade left a lasting impression on Hopkins, who says he has no desire or plans in the future to meet with Cheecham again.

“I have told the chief. I have told anyone who will listen. We will never be caught in a blockade like that again,” Hopkins said. “And I mean it.”

That’s not the only barrier to development. Cheecham has allies in Regina.

Hopkins won’t say anything bad about the Government of Saskatchewan, but notes he had to submit 18 copies of his application to various government offices in Regina for the right to lay down more than 900 kilometres of new seismic lines, plus do additional drilling into the bitumen formation.