dnfrm , Thanks for the heads up regarding SEC commissioner Roberta Karmel and this issue of Barron's , I will pick one up a copy . The issue of these banks should be discussed in every debate this year . In my opinion this economy won't turn around until these zombie banks are severed from the economy and are no longer dragging us to the bottom . Bob .
Les , a very pointed and honest article . This is not just the ELEPHANT in the room , its the rogue elephant thats trampling the economy . It is not addressed in the debates , as far as I can tell not even mentioned in the Florida election . http://tinyurl.com/8xc82ug
Ventilation Blues , PMV is a Canadian equity , priced in Canadian currency . PMVGF is an American equity priced in U.S. dollars . Two equities but the same company .
Grym ,Yes someone with a large amount of name recognition might do it . On a more local level, especially if you are not tainted by belonging to a party . A large amount of cash is necessary . Here on L.I. N.Y. To run for House of Rep. you need 15,000 signatures from registered voters , and 15,000 signatures of notary of the public as witness for a total of 30,000 . The old boy network does not like competition ! By comparison to run for president of France you only need 500 signatures. http://tinyurl.com/6opbvx3
Silvercorp , filed an amended lawsuit in the Supreme Court of the State of New York, County of New York . That should bring in Sunlight to disinfect . Heres hoping there some rule of law left in New York .
Grym , the opponents of Ron Paul , all seem to focus tearing him down . Neither his vocal critics nor his electoral opponents support his main issues , "
• Constitutional Focus , Civil Liberties
• Military Defense — not undeclared wars
• Foreign Policy and Military Spending
• Austrian Economics
• Dynamic Market Capitalism as opposed to crony capitalism Auditing the Fed . Auditing the U .S . gold reserves . Ending the Fed . Ending Banks that are too big to fail . " His many Positives and the fact no one else supports his positive positions make him stand out . Bob .
If the mining industry is this busy it SHOULD show up in stock prices someday .
" Over the past five years, the average employee at the "big four" mining giants of BHP Billiton, Rio Tinto, Anglo American and Xstrata has received an additional 211pc of his or her salary, according to Deutsche Bank analysts: "In other words, the average employee has received just over two years' additional pay on top of what would have been received had salaries remained flat on 2005 levels."
Nowhere is the phenomenon more evident than in Australia, where the scarcity of workers to feed Asian demand for commodities has not been helped by tight restrictions on immigration. Even truck drivers are now getting paid salaries of A$150,000 to A$180,000 (£96,000 to £116,000) and they can be trained up from scratch. The more skilled professionals whose experience commands a premium – mining engineers, resource geologists – are in even tighter supply. " http://tinyurl.com/cgkcbo9
" interesting that MF was treated as a securities dealer and not a commodity brokerage for purposes of bankruptcy. If the author is right, then the rabbit hole keeps going deeper. " This GANGSTER ball of string appears to be endless . Ann Barnhardt is probably be right . Molon Labe !
" Banks and Sovereigns fight for gold as middlemen lose out ." "Until last April, I had a gold tracker (ie, a paper contract) with RBS. But I became so alarmed at some of the feedback I was getting about the bank’s parlous state, I sold (at $1872) and put the money instead into gold mining shares. Although I didn’t fully realise why at the time, this may have been one of the best decisions I’ve ever made. " http://tinyurl.com/8xb6294
jragusa , for reasons of the safety found in diversity , it makes sense . Does anyone know of countries that allow a person to open an account with out a residence . Yes there are many reasons for concern .
Les , I agree UGX is moving into the target zone . On Friday morning a stock I have been watching SSRI . Silver Standard Resources appeared in the accumulation zone ie. RSI under 30 in the daily , weekly and monthly columns . It is an explorer developer and miner in Argentina , Australia , canada ,Chile Mexico , Peru and the U.S. The company explores for silver , gold tin zinc lead and copper deposits . On Friday morning looking at the futures before the market opened I entered a bid at $13.15, I was bought in at 3.09 . Tonight it is in the buy zone . I don't believe it will rise markedly until precious metals begins to ascend , at some point in the future . Bob
davefairtex you are right . I believe our core problem is that we are missing a basic RULE OF LAW . We are wandering aimlessly with no direction . We have to have reason to believe that the law applies to us all equally . Not believe instead that if you know some one or pay off the right government official , you can avoid THE EQUAL RULE OF LAW. Bob
Japan has been mulling over as to which , the boeing F/a 18 , Eurofighter Typhoon or Lockheed Martin F-35 , since September . The decision was to buy the most expensive . http://tinyurl.com/7k6wqto
dnfrm , Thanks for the heads up regarding SEC commissioner Roberta Karmel and this issue of Barron's , I will pick one up a copy . The issue of these banks should be discussed in every debate this year . In my opinion this economy won't turn around until these zombie banks are severed from the economy and are no longer dragging us to the bottom . Bob .
Does anyone know what is prompting Canadian Orebodies to show signs of life ? CNOBF . Bob .
Athan , Well put " Economic Terrorism " !
Les , a very pointed and honest article . This is not just the ELEPHANT in the room , its the rogue elephant thats trampling the economy . It is not addressed in the debates , as far as I can tell not even mentioned in the Florida election . http://tinyurl.com/8xc82ug
Bill , thank you for the week in review . Bob .
Athan , looks very good I share your enthusiasm for this new concept .
Thanks Chris Hedges ! A difficult step .
Ventilation Blues , PMV is a Canadian equity , priced in Canadian currency . PMVGF is an American equity priced in U.S. dollars . Two equities but the same company .
Grym ,Yes someone with a large amount of name recognition might do it . On a more local level, especially if you are not tainted by belonging to a party . A large amount of cash is necessary . Here on L.I. N.Y. To run for House of Rep. you need 15,000 signatures from registered voters , and 15,000 signatures of notary of the public as witness for a total of 30,000 . The old boy network does not like competition ! By comparison to run for president of France you only need 500 signatures. http://tinyurl.com/6opbvx3
Silvercorp , filed an amended lawsuit in the Supreme Court of the State of New York, County of New York . That should bring in Sunlight to disinfect . Heres hoping there some rule of law left in New York .
Cheers to all . And thank you to all who contribute , your thoughts are much appreciated .
Grym , the opponents of Ron Paul , all seem to focus tearing him down . Neither his vocal critics nor his electoral opponents support his main issues , "
• Constitutional Focus , Civil Liberties
• Military Defense — not undeclared wars
• Foreign Policy and Military Spending
• Austrian Economics
• Dynamic Market Capitalism as opposed to crony capitalism Auditing the Fed . Auditing the U .S . gold reserves . Ending the Fed . Ending Banks that are too big to fail . " His many Positives and the fact no one else supports his positive positions make him stand out . Bob .
Bill , Thanks for the Positive point of view .
If the mining industry is this busy it SHOULD show up in stock prices someday .
" Over the past five years, the average employee at the "big four" mining giants of BHP Billiton, Rio Tinto, Anglo American and Xstrata has received an additional 211pc of his or her salary, according to Deutsche Bank analysts: "In other words, the average employee has received just over two years' additional pay on top of what would have been received had salaries remained flat on 2005 levels."
Nowhere is the phenomenon more evident than in Australia, where the scarcity of workers to feed Asian demand for commodities has not been helped by tight restrictions on immigration. Even truck drivers are now getting paid salaries of A$150,000 to A$180,000 (£96,000 to £116,000) and they can be trained up from scratch. The more skilled professionals whose experience commands a premium – mining engineers, resource geologists – are in even tighter supply. " http://tinyurl.com/cgkcbo9
" interesting that MF was treated as a securities dealer and not a commodity brokerage for purposes of bankruptcy. If the author is right, then the rabbit hole keeps going deeper. " This GANGSTER ball of string appears to be endless . Ann Barnhardt is probably be right . Molon Labe !
" Banks and Sovereigns fight for gold as middlemen lose out ." "Until last April, I had a gold tracker (ie, a paper contract) with RBS. But I became so alarmed at some of the feedback I was getting about the bank’s parlous state, I sold (at $1872) and put the money instead into gold mining shares. Although I didn’t fully realise why at the time, this may have been one of the best decisions I’ve ever made. " http://tinyurl.com/8xb6294
jragusa , for reasons of the safety found in diversity , it makes sense . Does anyone know of countries that allow a person to open an account with out a residence . Yes there are many reasons for concern .
Les , I agree UGX is moving into the target zone . On Friday morning a stock I have been watching SSRI . Silver Standard Resources appeared in the accumulation zone ie. RSI under 30 in the daily , weekly and monthly columns . It is an explorer developer and miner in Argentina , Australia , canada ,Chile Mexico , Peru and the U.S. The company explores for silver , gold tin zinc lead and copper deposits . On Friday morning looking at the futures before the market opened I entered a bid at $13.15, I was bought in at 3.09 . Tonight it is in the buy zone . I don't believe it will rise markedly until precious metals begins to ascend , at some point in the future . Bob
davefairtex you are right . I believe our core problem is that we are missing a basic RULE OF LAW . We are wandering aimlessly with no direction . We have to have reason to believe that the law applies to us all equally . Not believe instead that if you know some one or pay off the right government official , you can avoid THE EQUAL RULE OF LAW. Bob
Japan has been mulling over as to which , the boeing F/a 18 , Eurofighter Typhoon or Lockheed Martin F-35 , since September . The decision was to buy the most expensive . http://tinyurl.com/7k6wqto