Whosthedaddy?

I find it quite baffling given the low transaction numbers that the EAs can still turn a profit. Surely something has to give soon in this Mexican standoff between buyers and sellers. At some point the EAs must ask themselves how to increase transactions? The answer is either to not overvalue a property in the first place or to convinve the sellers to meet a buyers offer.

Yes! up 19% now and very happy to have this stock in my portfolio. However i cannot find any news release from the company website as to why this might be. Any news out there?

Anybody catch this snippet from seekingalpha in their 'Preview from Europe' feature www.seekingalpha.com/article/116998-preview-from-europe-market-up-again-despite-data?source=headline1 # Germany is thinking about raiding the gold reserves of the Bundesbank to finance their get out of economic jail card. Germany currently holds the 2nd largest amount of gold reserves of any central bank, valued at €75bn. This would surely have an adverse affect on the POG.....if they were to follow through. then I find this article, that says the finance minister warning against any seeling www.dailymarkets.com/contributor/2009/01/28/gold-reserves-should-not-be-sold-by-german-central-bank-german-finance-minister/

Im wondering the same thing myself Wanderer. My BV account is loooking very healthy but Im very tempted to take some profits here and repurchase when it falls back. The question is how much to sell and at what price. How much steam is left in this move? The chart in sterling looks fairly parabolic.

Ahh go on! spoil it for me...I wont get a chance to listen until tonight ;-)

Had to share this one................ Watching Bloomberg TV just now - they were commenting on the rise of Gold and the 'fear trade' A comment from some guy in the industry said 'I wouldn't be surprised to see Gold pushing through $1000 as soon as tomorrow' Well, THAT caught my ear so to speak. An interesting thought........ Still, it great to see PMs moving again.

California's new gold rush? It would seem that there is increasing public interest in the metal since it hit $1000 per oz the article suggests that much of the states gold remains undiscovered. http://news.bbc.co.uk/1/hi/world/americas/7378281.stm

I also opened a spreadbet long gold today, nicely in profit at the moment - hope we keep going for a bit through $1000 ;-) Cant figure out why its taken a few days for the gold market to react to the 'free money' giveaway from that nice man at the Fed.

I dont understand why Gold didn't go through the roof at this announcement.

Any opinions on the Market Vectors Gold Miners ETF (GDX). This seems to track the HUI pretty closely. I simply dont have the time/knowledge to research the juniors sufficiently or the cash to invest in 10+ companies. I figure buying an ETF of Gold Miners might be the better way to gain exposure. Whilst Im pretty well invested in Gold and Silver Bullion, I'd like to get some more leveraged exposure to these metals by way of equities. Does anyone buy this ETF? Or have any thoughts/comments

Yes, some interesting comments from George and others on FS. I certainly pricked up my ears when I heard that comment. Another one from Jim later in the show was something about a relative trucking in Oil or Gas supplies to Pheonix, who apparently have only a seven days supply there!! How bullish is that. I hear that Goldman Sachs has been behind the recent moves downwards in the Oil price. Something which might may sense because certainly the fundamentals have not changed as far as I can see. That the weather has been mild in the USA recently does not reflect oil consumption elsewhere in the world.

Thanks Doc

Could somebody explain to me the concept of warrants and their affect on share price..... Solar Integrated Obtains Waiver and Amendment of Credit Facility With GE London, UK, and Los Angeles, California, August 29, 2006 - Solar Integrated Technologies, Inc. (AIM: SIT.LN), a leading provider of building integrated photovoltaic (BIPV) roofing systems, announced today that it has obtained a waiver of its breach of covenants under its revolving line of credit with an affiliate of GE Energy Financial Services. The Company also reported that the credit facility has been amended to provide access to more capital under the borrowing base eligibility criteria and to provide the Company with more flexibility relating to the facility's financial covenants. The interest rate remains unchanged under the amended asset-based lending agreement. As partial consideration for GE Energy Financial Services agreeing to the waiver and amendment, the Company has agreed to adjust the strike price of the 2,000,000 warrants previously issued to GE Energy Financial Services to a strike price of US$1.122 per share (currently equivalent to £0.60 per share), representing a 29% premium to the last closing price of the Company's stock, and a 20% premium to the trailing 10-day average closing price, subject to adjustment in certain circumstances. On August 8, 2006, the Company announced that it had received funding of $4.7 million from GE Energy Financial Services in connection with the installation of BIPV roofing systems on three additional schools in San Diego, California. "GE Energy Financial Services has been constructive, professional and supportive during this waiver review and amendment process," stated R. Randall MacEwen, Interim Chief Executive Officer of Solar Integrated. "Under the revised borrowing base eligibility criteria, the Company currently has access to additional borrowing. We expect the additional borrowing base availability - which will fluctuate up and down based on our eligible receivables and inventory positions from time to time - coupled with our recent $4.7 million funding from GE Energy Financial Services, to support our near-term working capital requirements."

Price of Silicon has soard by 50% over the past year. Curbing the growth of the solar industry and driving up costs. http://news.independent.co.uk/business/new...icle1220390.ece

erm, there is no link to results or comments... I've been following this thread with interest. Especially now there seems to be a method of producing these cells at a much lower cost. Going to have a close look into these companies. Why do you think they're getting pounded?