UbaTuba

Tapping into Geothermal

Check out todays announcement and Ross's substantial investment of his own capital: www.magmaenergycorp.co......
- Also note how much has been accomplished in only the last 12 months at Magma. This is typical magnificent Ross Beaty activity with his companies. No, I do not personally know or interact with Ross, other than having met him at a couple of energy investment conferences. I'm promoting it, because geothermal (and hydro) are the only Base-Load alternative energy sources available that can easily support themselves without subsidies, the technology is proven; yet, is not widely known to the public, and virtually EVERYONE who loves GREEN is going to love Geothermal!! Try that with Coal or Nuclear!

Tapping into Geothermal

BTW: Magma is run by one of the most successful and motivated mining serial-entrepreneurs on the planet - Really! Check out Ross Beaty, CEO of Magma Energy at: www.reuters.com/articl... if geothermal is of interest to you. Also, the Magma website is: www.magmaenergycorp.co.... It's my opinion,( and yes I do own it), that you're doing yourself a favor by thoroughly investigating this management team and company.

Bond Expert Wednesday Wrap

Mad Hedge . . . but if the Market drops, won't people dash back to Treasuries in the short term, making the short a loser during that time? What to do?


On Sep 09 05:24 PM Mad Hedge Fund Trader wrote:

> ghk. ) It’s time to take another look at the short US Treasury bond
> ETF (seekingalpha.com/symbo...). I first recommended this
> 200% leveraged bet that long dated bonds were going down big time
> in January at $35, catching a near double to $60 (click here for
> report) at www.madhedgefundtrader....
> We have now retrenched back to $45, and it’s time to reload the boat.
> The US government has now committed to $9.1 trillion in debt issuance
> over the next ten years. Foreign governments will need to borrow
> as much to fund their own bail out/stimulus programs. Did I mention
> inflation? There is absolutely no way the ten year can maintain a
> 3.40% yield in the face of this onslaught. It is clear that zero
> short rates are driving investors, many of whom will only buy Treasuries,
> into making terrible investments. This is what the awesome bid to
> cover ratio of 3.2X for today’s three year auction is telling you.
> The dollar clearly sees this and is hitting a new one year low. It’s
> just a matter of time before bond investors put on their bifocals
> and see the locomotive that is about to run over them.

Thursday Outlook: Commodities, Global Markets

Hi David:

My wife encountered the same situation - We went immediately to Hopkins and they were technically advanced, highly competent, and the results have been terrific! Wishing the two of you the best!

How Much Oil Can Gold Buy?

Interesting article, but how should one actually plan to exit these trades?

Mr. Roubini, Please Take a Seat

Well. . .if someone would enable me to sell everything in the County Landfill in exchange for a pile of fresh money, I believe I could show enormous profits in short order, all the while wondering aloud as to what kind of fool would buy trash and give me good dollars. The banks profits are not real, because they are funded by the success of others - actually the promised future success of others made by the iron confiscatory fist of government. Hmmmmm......still smells like garbage.

Stimulus Bill Signed; Now, Will It Work?

Consider, for every job the government "creates" they MUST take from productive people MORE assets than the new job and it's benefits would normally cost. This is because the government has to manage the wealth-transfer (stealing) process (which costs redundant management oversite, i.e. IRS & IRS Enforcement), they then must manage the work to be done by having government personnel create a plan for work, then overseeing the work of the contractors). This process ensures that fewer PRODUCTIVE jobs can be created with the same $ than if the government were not involved. Technically, you can say the government "creates" jobs, but really what they are doing is stealing the right of individuals to their own life and happiness, by removing from the individual their own values and using them for "government value" purposes. Always protect the rights of the world's smallest interest group: The Individual or the individual is lost to tyranny of the majority.

Selfishness vs. Selflessness

Ambition is good - Greed is not good. What's the essential difference between ambition and greed? both are usually associated with strong desire, which unfortunately promotes their mistaken used as synonyms.

Greed is a form of theft and as such a close sibling of lying (in essence, both greed and lying are attempts to obtain something undeserved).

Ambition is equated with strong emotion, but it is NOT greed. The difference between ambition and greed is that ambition is the soul's engine that motivates an individual to act to obtain their goal with their own resources whereas a greedy person will violate the rights of another to steal others resources to obtain the greedy person's own goals. Taking credit for another's work is a form of greed. Relishing one's own honest success is the natural result of successful ambition. Greed is overreaching ambition. Ambition is an essential virtue. Greed is a destructive vice. Each is the choice of an individual with a goal.

One's rights to their own life must necessarily stop at the other person's nose.

Implications of a 'Failed Detroit' Are Hurting the Dollar

Thanks for the thoughtful article. Observing risk implies ascertaining how to counteract it, then acting to mitigate the problem. So here's something I've been wondering about: Since the dollar may fall precipitously, then what are the potential benefits & hazards of the following approach to risk mitigation?
(1) A person is invested in foreign stocks on a foreign exchange with foreign dollars.
(2) A person is invested in foreign stocks via U.S. Dollars, because those stocks were purchased on the American Exchanges.

Does (1) offer a tangible benefit over (2)?

Implications of a 'Failed Detroit' Are Hurting the Dollar

Thanks for the thoughtful article. Observing risk implies ascertaining how to counteract it, then acting to mitigate the problem. So here's something I've been wondering about: Since the dollar may fall precipitously, then what are the potential benefits & hazards of the following approach to risk mitigation?
(1) A person is invested in foreign stocks on a foreign exchange with foreign dollars.
(2) A person is invested in foreign stocks via U.S. Dollars, because those stocks were purchased on the American Exchanges.

Does (1) offer a tangible benefit over (2)?

Is the Fed Taking a Step Toward Explicit Quantitative Easing?

Wish I better understood exactly HOW the mechanism of the Fed "buying longer term treasuries" works. What does it accomplish? What motivations (among buyers/sellers) does it change, i.e. what value is supposedly added? What are it's risks?