Oldtent Archives 2007 - 2008

No, not another platinum chart. {G}

Just the CCI, making another All Time High……again, but this time without any help from Crude Oil.

JBI

Thanks man-

P.S. is CT in MA?

I need a belize phone book…belize city would suffice..yellow pages.  I cannot believe I forgot to pick one up when I was down there. I know…everything is online..no need for a phone book… On the other hand - I do my best work and get my best ideas flipping thru the yellow pages.    I love to call people and start poking around.  I will make some calls tomorrow and see if I can get someone to send me one.  

But then later in the day progress halted.  It’s still a comfy trading chair even if it is only part way to its golden finale.  Best wishes to you and your loved ones, Equiz.

And I’ll take it one step further and wonder if both Japan and China decide not only to invest their excess (new monies) funds in themselves and their countries, but also decide to divest themselves of all or most of all the dollar denominated bonds they hold and invest that also in themselves and their countries. What a rippling effect that should have on the $$$, huh? Just wondering also, Equiz.

JBI

rather interesting when read together.  Here we have Japan investigating the creation of a sovereign wealth fund for potential  investing in resources of other countries(your 21:55), and concurrently China suggesting that the best place to invest their sovereign wealth fund is in Japan (your 21:57). 

 I wonder if Japan might come to the conclusion that maybe the best place they can invest their excess funds is in themselves and their own country.  Just wondering.  But I guess things are not that simple in the stratospheric world of sovereign wealth funds.  Cheers.  Equiz.

- - - 5 Best Performing Industries - - -
…………………6 Months……………………

DJ US PLATINUM & PRECIOUS METALS INDEX
… +107.27%

DJ US Coal Index
… +79.68%

DJ US Mining Index
… +61.34%

DJ US Specialty Chemicals Index
… +37.59%

DJ US Gold Mining Index
… +32.30%

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JBI

PS - PLATINUM just snuck in another All Time High about 15 minutes ago and it is currently up $19 at $2,188.

HONG KONG (MarketWatch) - China’s sovereign wealth fund, China Investment Corp., plans to invest in Japan more than half its funds allocated for investment in Asia, Japanese state broadcaster NHK reported Friday. The fund is targeting investment yields of more than 6% a year. About one-third of CIC’s foreign investment portfolio has been earmarked for investments in Asia, the report said.

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JBI

HONG KONG (MarketWatch) — Japan’s ruling Liberal Democratic Party launched a study Friday to examine whether the nation should set up a sovereign wealth fund to manage its foreign-exchange reserves, according to a media report. The study headed by former financial services minister Yuji Yamamoto will take a look at how sovereign wealth funds operate in China, Singapore and the Middle East, according to the Nikkei business daily, which cited comments by LDP members Friday. The study group is aso expected to weigh opinions from academics and examine the impact such a fund might have on financial markets. Japan’s foreign-exchange reserves, the largest in the world after China, are invested mainly in U.S. Treasuries and deposits.

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US $$$$…….

tinyurl.com/2voq5s

JBI

An old grandaddy of PM stocks, closing today at “top tick” of $85.75 (+3.04%), highest since late 1980…….just one of many continuing developments pointing UP for our PMs and PM stocks, imo.

Good evening, everyone.

JBI

16,125,201 . . . . . . . . . . .

Something smells mighty fishy to me about what is going on in this ETF of late. Some of us have long believed that the inherent flaw in this ETF is in its auditing process which is less than transparent. If the bad guys who comprise COT and are the price managers on behalf of the US monetary authorities needed another source of gold for the supply that they feed into the market to suppress the price, the ETF is a perfect vehicle for this. I find it a huge stretch of the imagination to see gold soaring into all time highs and the one major indicator of investment demand for that same metal sitting there unchanged when it comes to reported holdings for nearly two weeks! I just read this AM that platinum and palladium holdings in the London ETFs for those metals are soaring because of investment demand. Why then is the gold ETF not reporting a sharp increase in its holdings? To believe that nothing has changed in there is to believe that the sun rises in the West.

Thanks for that GSS article ….. let’s hope that they and the Ghana government are able to maintain stability in their area ….. however, you know what “gold fever” can do to people …..   it can make them ….   

i also do a teaspoon of cs. how should i time space the taking before or after and how long in between? tia wj

It’s amazing how some people will just stand aside and wonder… “What Happened?”

http://www.railpictures.net/viewphoto.php?id=222954 

well tomorrow will be the 5 drop day. bring it on! wj
ps: still waiting for the clorine smell though. must be a broken sniffer thats just plain