Oldtent Archives 2007 - 2008

JBI

No rush , just in case is all . I try to alway’s have a back up plan , with a car anything can go wrong and some how i miss hooking up , i want to have a clue. Nothing wrong with having a map , just in case. Will talk to u soon . CT

The drive is not that complicated.   401 East to Toronto,  404 North to RT#9, then  East to Tottsville and Orangeville and the Best Western Motel.  In short, we’ll be fine and in time for happy hour at the Crowns (wonderful hosts!) @ 4-5 Pm.  Really looking forward to it.  I await your Friday morning call.  Cheers,  Vic

I would appreciate a little help.  I’m traveling to Europe, and I wonder if it’s easy to sell Krugerrands over there.  I think I might bring some, sell them, and stay a little longer if I like it.  Would you or others know where to sell them for Euros, and if an anonymous transaction is possible?  Are there coin shops that will buy?

Thank you.

Old Lurker

TQ just in case of car trouble or something , i need a map , does this sound good?

Take Rt 90 to Syracuse , Take right onto 81 north , past watertown , to RT 401 west (Gananoque) to Kingston , to Belleville , to Oshawa , to Ajax , to Pickering , stay on 401 to Rt 410 north towards Brampton , continue on Heart Lake Rd. ,turn left at Mayfield Rd. turn right at Hurontario , turn right at Bvena Vista Dr. #7 Best Western.
Boy i hope i got that right , anyone care to check my math , so to speak. Thanks CT

I saw him twice. The first time was at a small cabaret, The Crazy Horse in Dartmouth NS 1986, I was in the front row and at the end of the show, shook his hand and he gave me a lapel pin. I also saw him 5 years ago at a larger venue in Halifax…..he has to sit down the whole show now. He’s still touring at age 77 I believe.

Last night there was a “songwriters circle” hosted by Bruce Guthro in town. It was phenomenal and I was lucky enough to be invited to the afterparty, where Bruce and Matt Anderson took requests and jammed with a couple of the local musicians.

Its about family, friends, physical….and of course the music.

Looking forward to “jamming” at Tottsville.

Safe drive.

Winedoc

“Yes, please leave room for cream.”    

I am getting excited about the Tottsville meeting even though I will not be there. With Polly taking notes and Goldballon with his camera it will be like having a front row seat.

Am really looking forward to all of the reports. Wishing all that make the trip a safe and prosperous one.

Best
Dusty

A member of OPEC signaled for the first time in months that the oil cartel might increase its output if prices keep rising, even as oil hit another record on Friday.

The comments from Libya’s senior oil official, Shukri Ghanem, suggested a possible rift among OPEC members. Since the cartel’s last meeting in March, the Organization of Petroleum Exporting Countries has argued that the market was not lacking in oil supplies and blamed speculators for driving up prices.

In recent weeks, prices have come under renewed pressure because of a string of export disruptions from Nigeria. Crude oil for June delivery rose $2.32, or 1.9 percent, to $126.01 a barrel in New York trading on Friday. Prices have been above $100 since early February.

Since they last increased oil supplies in September, members of the Organization of the Petroleum Exporting Countries have abdicated most of their responsibilities toward the market, arguing that the higher prices had more to do with investment flows than with supply and demand.

The problem for OPEC is that prices have become largely unhinged from real market factors. As the dollar declines and the economy slows, investment funds have moved into commodities like oil or gold, which they consider safer and more profitable than stocks.

But the political cost of rising energy prices, especially in the United States, which is in the midst of a presidential election, is making OPEC’s position increasingly delicate. Economic growth in the United States has slowed and gasoline demand is set to fall this year for the first time since 1991.

At a meeting of oil producers and suppliers in Rome last month, many OPEC delegates, including the Saudi Arabian oil minister, Ali Al-Naimi, said there were not enough buyers to justify an increase in production.

But some producers are becoming increasingly uneasy about the run-away prices and are finding it difficult to maintain OPEC’s position.

“They are playing with fire,” an analyst at Lehman Brothers, Adam Robinson, said. “Every time the price goes up, and we break a new psychological mark, they risk killing the goose that lays the golden egg. Their biggest fear is triggering something they can’t control.”

The group, which accounts for 40 percent of the world’s oil exports, is not scheduled to meet until September. At its March gathering, OPEC ignored calls from President George W. Bush and other industrialized leaders to bolster production, opting instead to keep output steady.

“We would consider among other options the possibility of increasing output as a way to ensure market stability,” Ghanem, the Libyan official, was quoted by Bloomberg News as saying Friday. “I expect a meeting before September. I am not calling for one, but I would support one.”

Another OPEC delegate, quoted by Reuters on Friday, also raised the prospect of an OPEC consultation to increase production before the September meeting.

But there is no suggestion that the cartel will meet soon. On Thursday, the organization’s secretary-general, Abdalla Salem El-Badri, issued a statement from the group’s headquarters in Vienna, saying there was “clearly no shortage” of oil in the market.

“In recent month, oil prices have become increasingly volatile, mainly driven by financial market developments and the increased flow of speculative funds into oil futures,” the statement said.

But he seemed to leave the door for OPEC. “The organization stands ready to act if the market shows a need for any further measures,” he said.

~ ~ ~ ~ ~ ~

3 year weekly - CRUDE OIL

JBI

Thank u for having my back covered and making a call on our behalf . We will be leaving at 4 a.m. and just as we leave Mass. and enter N.Y. we meet Mr. V at the first exit, hope by 6 - 6:30 a.m. Hope all is well with u , hope to shake your hand again 1 day. All the best CT . Cosmic and crew , going on a road trip soon.

P.S. what boat is sengfarmer fishing on , another MIA

JBI , with all my pennies , that copper chart is sure pretty.

Winedoc, saw BB King once at a very small club called Pauls Mall in Boston , u could have touched him , Saw Little Feet there to once. CT

nothing but the blues Rollo

GOLD

Its 300 DMA now at $775.06, still rising and at another All Time High. My new target is now $1,156.08. MACD has now crossed over and is coming off its 2nd most oversold level in the last three years. Slow Stochs headed North and RSI is rising with plenty of room to run to the upside before getting overbought. CHEERS!!!!!

SILVER

PLATINUM

PALLADIUM

……..and COPPER

JBI

for morning cup of slut lol

www.huffingtonpost.com/2008/05/09/starbucks-labeled-slutbuc_n_101058.html