Charts and Bollinger bands use the U.S. dollar against gold as the measure. That measure has never in history, been on shakier ground than it is right now. The U.S. owes more money now than it can ever repay. All currency is based on the financial strength of the country it represents. In the case of the U.S., it also is bolstered by the fact it is, for now, the worlds reserve currency.
That is all that is saving it at this precarious time in history. Once faith in that reserve currency is weakened, (maybe as early as the next 10 yr treasury auction) all bets are off.
As that ground gives way, gold will be the measure of every currency, including the usd, and a world reserve currency may include a mixture of currencies, with gold as the base measure.
Your argument short term may have merit, but long term it does not.
Invest In Graphene With GrafTech International [View article]
Since this article was written, Graftech is down over 30%. averaging in now in the $7 range. Already own Focus Graphite and Flinders (listed in London and TSE-v FDR) in the space. Looking hard at ZEN and Northern Graphite as well, for entry points.
Could The Oil Discovery In South Australia Be A Game Changer? [View article]
Some good points here, however, if the numbers are to be believed, and Dr. Moors is even close to being right, then Australia's reserves would entail 233 Billion Barrels, just short of Saudi Arabian reserves 266 B(if they can be believed) as well as Venezuela (211) Canada (175) Iran (137) and Iraq (115) Another way to put it would be about 17 times greater than what the U.S. shale reserves would be.
ON another note, It would be nice to get investor comments here instead of a steady stream of political retoric. (just sayin)
Could The Oil Discovery In South Australia Be A Game Changer? [View article]
I know this digresses from the article however I feel oblidged to respond. 1/3rd of what Keystone will carry will be Bakkan oil from North Dakota. Most of the oil from this pipeline will be sold into the midwestern states. Yes, some may reach the shipping terminals of Texas, but it will be minimal and only if it is excess capacity.
Linc Energy: The 5 Bagger You Don't Know About [View article]
Rodinia Oil, an .08c penny stock, has 85% of 23 million acres about 40 km from the centre of the Linc find (Coober Pedy). that acreage is in the Officer Basin as opposed to the Ackaringa Basin.
Certainly could be the "little guy next door" scenario! Picked up some shares this week. (long shot worth the bet) I agree that Chinese companies will soon be all over this.
Linc Energy Might Have Just Won The Oil Lottery [View article]
Rodinia has 85% of 23 million acres about 40 km from the centre (Coober Pedy) of the Linc find. that acreage is in the Officer Basin! Certainly could be the "little guy next door" scenario! Picked up some shares this week.
Rockwood Holdings, Inc. (ROC) declares $0.40/share quarterly dividend, 14.3% increase from prior dividend of $0.35. Forward yield 2.69%. For shareholders of record Mar. 07. Payable Mar. 22. Ex-div date Mar. 05. (PR) [View news story]
ROC seems to be on a quest to obtain more lithium assets since it lost the bid for Talison to Chinese interests. Look to those juniors with assets in close proximity to ROC assets. There are only so many good prospects out there and some rich salars are held by penny stocks like WLC and RDNAF.PK
10 Undervalued Bank Stocks For The Long Haul [View article]
Gold, Redeemability, Bitcoin, And Backwardation [View instapost]
"When bad credit eventually is repudiated, gold will endure"
You may now include Silver and platinum in that assessment....
http://seekingalpha.co...
All That Glitters Is Not Gold [View instapost]
I don't invest in charts. I invest in hard assets.....http://seekingalpha.co...
Gold Miners (GDX) Continue Weak...Bottom Is Not Yet [View instapost]
My Observations On Gold For March [View article]
That is all that is saving it at this precarious time in history. Once faith in that reserve currency is weakened, (maybe as early as the next 10 yr treasury auction) all bets are off.
As that ground gives way, gold will be the measure of every currency, including the usd, and a world reserve currency may include a mixture of currencies, with gold as the base measure.
Your argument short term may have merit, but long term it does not.
The Chinese Yuan Is On Sale [View article]
Thank You, U.S. Taxpayers, For Insuring My Forex Account [View instapost]
Invest In Graphene With GrafTech International [View article]
New Fed Data: Economy Drowning In Federal Debt [View article]
Could The Oil Discovery In South Australia Be A Game Changer? [View article]
Another way to put it would be about 17 times greater than what the U.S. shale reserves would be.
ON another note, It would be nice to get investor comments here instead of a steady stream of political retoric. (just sayin)
Could The Oil Discovery In South Australia Be A Game Changer? [View article]
Could The Oil Discovery In South Australia Be A Game Changer? [View article]
Linc Energy: The 5 Bagger You Don't Know About [View article]
Certainly could be the "little guy next door" scenario! Picked up some shares this week. (long shot worth the bet) I agree that Chinese companies will soon be all over this.
Linc Energy Might Have Just Won The Oil Lottery [View article]
Certainly could be the "little guy next door" scenario! Picked up some shares this week.
Rockwood Holdings, Inc. (ROC) declares $0.40/share quarterly dividend, 14.3% increase from prior dividend of $0.35. Forward yield 2.69%. For shareholders of record Mar. 07. Payable Mar. 22. Ex-div date Mar. 05. (PR) [View news story]