Member100

I'd like to be Idle

any further updates?/

Anyone had a look at this "instrument" : GoldWorld ? Greg McCoach is involved somehow, and it looks like a 2x geared play on Gold. ++++ "Earlier this year, one of the world's leading international investment managers launched a new, one-of-a-kind investment vehicle designed to double the monthly return of gold prices. Mind you, this investment has been all but ignored by media since its launch. Gold, after all, has never been understood or appreciated by the mainstream, despite its historic economic significance. Still, for every 1% increase in the price of gold, this new gold investment vehicle delivers a positive 2% return! You won't have to open a special account to get in on the action. It trades on the NYSE. Plus, it's completely liquid... and easy to add to any stock account you own right now. The upside here is tremendous, the risk virtually non-existent... when you consider where the U.S. dollar is heading. This gold-doubling investment practically guarantees a 325% gain... in the world's historically safest investment!" ++++ You have to send in your email for a free report

http://www.kitco.com/ind/nadler/aug082008B.html Today's parting words from gold market analyst Ned Schmidt. He tenders an explanation for the dollar's rally that may not make the conventional headlines, but it is one you might want to take note of. "As is readily evident, the US$ has staged an incredible rally. That rally is one of the strongest to occur without some underlying causal event. In short, nothing readily apparent is happening around the world to cause such a move. Now, consider the weekly purchases of U.S. debt by official institutions, essentially central banks around the world. These numbers are reported weekly by the Federal Reserve, the depository for these bond holdings. In the week ending Wednesday, official institutions made the largest net purchase of U.S. debt ever recorded. They bought the annualized equivalent of $1.457 trillion. Those purchases created a shortage of dollars which created a massive short covering rally in the dollar. That buying pushed the dollar up almost 3% in the past week, or at a 320% annual rate." - he hasnt noticed that the Olympics started today - in Beijing?

http://www.kitco.com/ind/nadler/aug082008B.html Today's parting words from gold market analyst Ned Schmidt. He tenders an explanation for the dollar's rally that may not make the conventional headlines, but it is one you might want to take note of. "As is readily evident, the US$ has staged an incredible rally. That rally is one of the strongest to occur without some underlying causal event. In short, nothing readily apparent is happening around the world to cause such a move. Now, consider the weekly purchases of U.S. debt by official institutions, essentially central banks around the world. These numbers are reported weekly by the Federal Reserve, the depository for these bond holdings. In the week ending Wednesday, official institutions made the largest net purchase of U.S. debt ever recorded. They bought the annualized equivalent of $1.457 trillion. Those purchases created a shortage of dollars which created a massive short covering rally in the dollar. That buying pushed the dollar up almost 3% in the past week, or at a 320% annual rate." - he hasnt noticed that the Olympics started today - in Beijing?

SO BUBB POSTED, then wandered in and bought 'half a mill. ;;;;;;;;;;;;;;;;;;;;; I just noticed this on the Gold trading thread: Bubb's comment: "I bought over $500,000 worth of Gold yesterday (thru calls on GLD). That's my most ever, at least in one day." how many ounces is that??

I tried standing on my head, to forecast gold. I didnt help much

If it's good enough for Jim Sinclair, it's cheap enuff for me! I'm buying here: $ 928.5 - my first gold punt!

i wonder how many others are still on the sidelines- like this poster on HPC: "Knowing absolutely nothing about investing etc I've stayed away from this whole gold thing. I'm kinda wishing I'd just put some cash in regardless now! infact I'm still considering it although really I'd be so nervous that I'd probably not be able to bring myself to put enough in that would bring enough of a return to make it worth while (plus i'm not exactly loaded anyway). Still tempting though" =## Find Gold where it is- Find Gold! GOLD & GEM LOCATIONS: TREASURESITES.COM Gold Prospecting! How to find gold in rivers and streams. Diamonds: click "More From This User" to get that "how to" film. This film is about finding gold. Gold diving. Use of the hookah rig to find gold. Gold flakes, nuggets, and platinum nuggets are shown. Gold and platinum are 15-19 times heavier than other streambed materials and concentrate in low pressure areas and cracks that run across rivers and streams. You look for a crack on the bank, and follow it out until you meet the "gold line" and there you suck it out with your dredge

The wealth of aging nations Most discussion of aging focuses on the rapidly escalating cost of pensions and health care, not the potentially far more damaging effects on wealth, savings, and economic well-being. A McKinsey Global Institute (MGI) study of Germany, Italy, Japan, the United Kingdom, and the United States shows that as more and more people retire, lower savings rates will hold back growth in household financial wealth. By 2024, it will be 36 percent—$31 trillion—less than it would have been if historical rates of expansion had persisted. This reality will depress investment, growth, and living standards in the largest, wealthiest economies and threaten the future development of poor ones. MGI argues that the policy changes fashionable today—promoting immigration, raising the retirement age, and encouraging households to have more children—won't mitigate the crisis. Yet a sustained effort to allocate capital more efficiently, boost savings rates, and close government deficits could. "The demographic deficit: How aging will reduce global wealth" (Web exclusive, March 2005) explains the solutions as well as the problems. ((from McKinsey Quarterly Report April 2007)

That TESLA CAR looks cool. Where do I buy one? The Tesla Roadster, powered by more than 6,800 lithium-ion batteries, can go zero to 60 mph in about four seconds. Top speed: 130 mph. =========================================== Battery-Fueled Car Will Smoke You By Joshua Davis, from Wired magazine 12:00 PM Jul, 19, 2006 Martin Eberhard holds the brake down with his left foot and presses on the accelerator with his right. The motor revs, the car strains against the brake. I hear ... almost nothing. Just a quiet whine like the sound of a jet preparing for takeoff 5 miles away. We're belted into a shimmering black sports car on a quiet, tree-lined street in San Carlos, California, 23 miles south of San Francisco. It has taken Eberhard three years to get this prototype ready for mass production, but with the backing of PayPal cofounder Elon Musk, Google's Larry Page and Sergey Brin, and ex-eBay chief Jeff Skoll, he has created Silicon Valley's first real auto company. "You see any cops?" Eberhard asks, shooting me a mischievous look. The car is vibrating, ready to launch. I'm the first journalist to get a ride. Click here for photos of the TeslaHe releases the brake and my head snaps back. One-one-thousand: I get a floating feeling, like going over the falls in a roller coaster. Two-one-thousand: The world tunnels, the trees blur. Three-one-thousand: We hit 60 miles per hour. Eberhard brakes. We're at a standstill again -- elapsed time, nine seconds. When potential buyers get a look at the vehicle this summer, it will be among the quickest production cars in the world. And, compared to other supercars like the Bugatti Veyron, Ferrari Enzo, and Lamborghini Diablo, it's a bargain. More intriguing: It has no combustion engine. The trick? The Tesla Roadster is powered by 6,831 rechargeable lithium-ion batteries -- the same cells that run a laptop computer. Range: 250 miles. Fuel efficiency: 1 to 2 cents per mile. Top speed: more than 130 mph. The first cars will be built at a factory in England and are slated to hit the market next summer. And Tesla Motors, Eberhard's company, is already gearing up for a four-door battery-powered sedan. In an age when a car's electronics are worth more than its steel, it seems only natural that the tech sector would have its own car company. The question is, can Eberhard turn the digital era into horsepower, torque, and rpm? Eberhard has never designed a car and has no experience building one. He created the Rocket eBook, a handheld digital book reader that came to market in the late '90s. But he insists his eBook background is relevant to starting a car company. The device used a rechargeable battery, and Eberhard -- an electrical engineer -- devoted himself to maximizing run time and minimizing weight. In 2000, his venture, NuvoMedia, was bought by TV Guide's parent company, which quickly abandoned the product. But Eberhard was flush with cash and decided to buy himself a new sports car. He wanted something that was fast but still got good mileage. He quickly learned that high performance and fuel efficiency are mutually exclusive, at least when it comes to internal combustion engines. So he started researching alternative technologies and soon realized it was actually possible for an electric car to combine zip and efficiency. The problem: Nobody was making one. The EV1, General Motors' electric car, had failed, in part because it was expensive and poorly marketed. Most crippling, though, was the underperformance of the original lead-acid batteries and even the second-gen nickel metal hydride cells. Consumers wanted a vehicle that had a range greater than the EV1's (at best) 130 miles. The common wisdom was that batteries just weren't there yet. But what did Detroit know about batteries? Eberhard had squeezed 20 hours of run time out of the little power pack on his eBook. Battery efficiency was an obsession among computer engineers, who were extracting more power from ever-smaller cells with each generation of laptops. GM seemed oblivious to the lessons emerging from the electronics industry. Eberhard began to think that if anybody was going to build a viable electric car, it would be a Silicon Valley engineer. Then, after reading biographies of John DeLorean and Preston Tucker, and reminding himself that launching a car company was a crazy idea, he did just that. -& IT CONTINUES: http://wired.com/news/wiredmag/0,71414-1.h...tory_page_next1

Joking aside, this could be an answer: "Ultralife, the global battery solutions specialists, is a leading developer, manufacturer, and marketer of a wide range of standard lithium ion and lithium polymer rechargeable batteries. No other battery manufacturer produces and markets both primary (9-Volt, HiRate® Cylindrical and Thin Cell®) lithium batteries as well as lithium ion and lithium polymer rechargeable batteries. Ultralife possesses one of the world's most varied lithium cell and battery packaging configurations, customized solutions and manufacturing capabilities. " FROM http://www.mouser.com/ultralife/