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drbubb

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  1. drbubb

    Gold: the Bull's thread

    YES, i agree Funny that. start talking about no corection, and one arrives I think gold is headed towards $600 or lower from this latest action LATER: After a second look, if HUI can hold today's low near HUI-334.5, then gold's bull move may still be intact
  2. drbubb

    Gold: the Bull's thread

    Month End Report – July 2006 : US Global Investors Investment Performance: The Balanced Natural Resources Fund gained 1.95% net of fees and expenses in July, underperforming the S&P 500 Energy Index and outperforming the Basic Materials Index, which posted returns of 4.96% and -3.49%, respectively. In addition, the Balanced Natural Resources fund underperformed the Goldman Sachs Natural Resource Index which posted a gain of 1.98%. This marks the thirteenth consecutive month of positive returns, without a single monthly loss. SWOT: Strengths Nickel prices on the London metals exchange jumped the most in six weeks to $24,700 a metric ton after inventories fell to a 15 year low and workers at Inco’s Voisey’s Bay mine voted in favor of a strike. Copper prices continue to be supported by the threat of a strike at the Escondida mine in Chile, the world’s largest copper mine. Natural gas prices gained 34.5 percent last week to $8.21 per thousand cubic feet, following a bullish 7 billion cubic feet storage withdrawal, primarily due to warmer-than-normal temperatures. This marks the first ever withdrawal in the months of June or July. The first half of 2006 marked a 20-year high in U.S. drilling activity, the American Petroleum Institute said. The EIA in its Short-Term Energy Outlook expects crude oil prices to average $69 per barrel in 2006-2007 driven by continued limited spare capacity. Although higher prices have dampened demand growth, it is anticipated to remain strong at 1.6 million barrels per day in 2006 and 1.8 million barrels per day in 2007 Weaknesses U.S economic growth slowed in the second quarter to 2.5 percent from 5.6 percent growth in the first quarter, according to the latest GDP estimate released by the government. Most economists had forecast 3 percent growth in the April to June quarter. The housing market continues to slow as new home sales fell 3 percent in June to 1.13 million units down from 1.17 million units in May, which is bearish for Copper as a new home contains 400 pounds of the metal. In its latest Export MetCoal Outlook, AME Mineral Economics indicates during the first four months of 2006, world pig iron production (excluding China) has decreased by 2.0 percent, year-over-year. (Pig iron is the primary input used in making steel.) This decrease in pig iron production has contributed to an approximate 11 percent decrease in import metallurgical coal by Brazil, North Asia, and the EU-15. Opportunities The U.S. economy would not necessarily go into recession with oil at $100 a barrel but consumers would feel the pain and the economy would slow further, Standard & Poor's said. "The good news today is that we feel even a $100 price would not result in a U.S. recession," said David Wyss, S&P's chief economist. Metal Bulletin reports that 2006 Chinese iron ore imports may grow 20 percent year-over-year to roughly 330 million tonnes versus the 32.3 percent year-over-year rise in 2005, citing an advisor at China's Iron & Steel Association. The International Energy Agency’s initial 2007 oil market forecast calls for global oil demand to accelerate to 1.9 percent growth from 1.4 percent in 2006. Threats Violence increased in Nigeria, Africa's largest oil exporter, where Royal Dutch Shell PLC lost almost half a million barrels a day of output after attacks early this year. Africa's third-largest oil producer plans to announce a tax increase on companies including Anadarko Petroleum and Eni SpA, following Venezuela and Russia in demanding more money as oil prices jump.
  3. drbubb

    Gold: the Bull's thread

    i am beginning to think that this will be one of those "odd years" (2 of 10), where we will not see much of an August selloff in gold. Thus, I am starting to put cash reserves to work in attractive private placements ( i am doing two this week). I will also be looking for undervalued junior companies over the next 2-3 weeks
  4. I remember a few lines from an old poem: "... the wind decays in twilight, And the leaves fall off the trees. We all lie down in silence, Frozen outside our dreams." Chilling stuff. And it is an image of a future I still worry about sometimes. BUT was this our past? I just read an article which quotes the work of some Harvard scientists who believe that the earth was once covered by ice and snow. And it could have gone on being covered by ice and snow, but for one thing: CO2. An ice-covered world is a great reflector of sunlight, and so a world-so-covered might have stayed that way forever: going on reflecting a high proportion of the sun that hits its surface. But vulcanic action would have slowly released carbon dioxide, and CO2 in the earth's atmosphere would have helped to trap sunlight and heat through the greenhouse effect. This raised temperature to a level where the earth could begin to support life. Once life thrived, the balance shifted. Plants captured the Carbon in the CO2, and put Oxygen into the atmosphere again, allowing animal life to rise in balance to the thriving plant life. No we, the dominant animals, are busily plundering the energy treasure left by the plants. All that trapped carbon: in coal, in oil, in fossil fuels is being burned up, with the CO2 released back into the atmosphere. This is warming the earth, but threatened to upset the balance. Will we learn to cope, or will the forces of nature find their own balance?
  5. drbubb

    The Oil and Energy Price Thread

    I was looking to nip it for a very short term trade- that's all
  6. drbubb

    The Oil and Energy Price Thread

    That's Prudhoe Bay related, that move... BP to Shut Down U.S.'s Largest Oil Field; Prices Jump (Update9) Aug. 7 (Bloomberg) -- BP Plc is shutting Alaska's Prudhoe Bay oil field, the largest in the U.S., because of pipeline corrosion and a leak, cutting supplies and increasing criticism of the company's safety record in its biggest market. Oil rose as much as 2.6 percent and shares of London-based BP, the world's second-largest publicly traded oil company, lost 2 percent. Owners of the field, accounting for 8 percent of U.S. output, include Exxon Mobil Corp., ConocoPhillips and Chevron Corp. The shutdown may take days to complete, said Toby Odone, a BP spokesman in London. Chief Executive Officer John Browne already faces a grand jury probe for an earlier Alaska spill, charges of market manipulation in the U.S. propane industry and fines from a Texas refinery blast that killed 15 workers. BP, which gets 40 percent of its sales from the U.S., last month said it will boost spending there to improve safety and maintenance. The Alaskan shutdown ``will prompt further questions about BP's safety procedures,'' said Ivor Pether, who helps manage about $15 billion at Royal London Asset Management, including BP shares. ``It will have a big impact on earnings if it's shut down for a long period of time but they absolutely have to do it.'' Prudhoe Bay accounts for about 1 percent of BP's annual earnings, Pether said today in an interview. Higher prices may offset the effect of lost output, he said. `Big Effect' It may take ``some months'' for BP to replace at least 3 miles of pipelines in Alaska, Citigroup Inc. analysts including James Neale in London, said today in a research note. Odone declined to comment on the Citigroup estimate. Crude oil for September delivery rose as much as $1.91 to $76.67 a barrel in after-hours trading on the New York Mercantile Exchange, and traded at $76.20 at 12:57 p.m. London time. Oil reached a record $78.40 a barrel on July 14. BP shares fell as much as 14.5 pence to 621.5 pence in London. - - `Bad News' Some 400,000 barrels a day of production is being shut, BP spokesman Ronnie Chappell said. The company doesn't know when the pipeline will be repaired, Chappell said. A pipeline that leaked four to five barrels of oil was shut down at 6:30 a.m. Alaskan time Sunday, BP said in a statement. BP owns 26.36 percent of the Prudhoe Bay field. Alaska provides about 10 percent of BP's worldwide oil production. ``It's just another long line of bad news for BP,'' Nunan said. Exxon Mobil, the world's largest publicly traded oil company, owns about 36 percent of Prudhoe Bay, according to its Web site. Company spokeswoman Susan Reeves declined to comment on the field's closure or the effect on the Irving, Texas-based company. Houston, Texas-based ConocoPhillips, the No. 3 U.S. oil company, owns 36.1 percent of Prudhoe Bay. San Ramon, California- based Chevron, the No. 2 U.S. oil company, owns about 1.2 percent and Denver, Colorado-based Forest Oil Corp. has 0.02 percent. @: http://www.bloomberg.com/apps/news?pid=206...&refer=home = = BP might be a buy here
  7. drbubb

    METANOR

    How'd you find that, I thought when I saw the headline. I ahve owned it in the past, since I took a piece of a pp about 18 months ago. From memory, the issue price was $0.65. I considered myself lucky to exit at a profit. I think they only own half a deposit, and I wonder how sharp management is. Personally, I wouldnt recommend it for big, long term positions. But you never know, they may get their act together eventually
  8. Hmmm... what makes WIKIMANIA so hot ?? ======== Harvard Hosts 'Wikimania 2006' Conference (NPR) read story This weekend over 400 Wikipedia enthusiasts are gathering at Harvard for Wikimania 2006, a tribute to the Wikipedia Web site. Andrew Lih, who is writing a book about the Wikipedia phenomenon, tells Scott Simon about the conference. Wikipedia founder urges focus on quality entries (Contra Costa Times) read story The founder of Wikipedia urged contributors to the free Internet encyclopedia to put more emphasis on quality instead of quantity. With more than 1.2 million articles in English alone, Wikipedia already has met its goal of becoming a comprehensive encyclopedia, founder Jimmy Wales told more than 300 people at the start of "Wikimania," a three-day gathering of people devoted to Wikipedia and other Jimmy Wales Kicks off Wikimania (WebProNews) read story Jimmy started his opening keynote by showing the Wikiality video. Today he is talking about Our Movement Past, Present and Future. This is the most difficult talk he gives all year, because it is before people who know everything he knows plus more. Wikipedia's mission: Imagine a world in which every single person is given free access to the sum of all human knowledge. Lots of milestones over Wikipedia pleads for quality (Minneapolis-St. Paul Star Tribune) read story CAMBRIDGE, MASS. - The founder of Wikipedia urged contributors to the free Internet encyclopedia to put more emphasis on quality instead of quantity. With more than 1.2 million articles in English alone, Wikipedia has met its goal of becoming a comprehensive encyclopedia, founder Jimmy Wales told more than 300 people Friday at the start of "Wikimania," a three-day gathering devoted to Wikipedia = = = Jimmy started his opening keynote by showing the Wikiality video
  9. RESEARCHING ADVERTISING - found some interesting info... TIPS - Like these (Posted in Blogging for Profit) There aren’t too many things out there that are better than free money. Money that you don’t have to think about. Money that every month will be there whether you work for it or not. Sound like a dream? Well it’s actually not too hard to get some of your own “automatic money”. These days with the popularity of web services and RSS feeds, there is plenty of dynamic content out there for you to input into your own blog and provide your users with some sort of up-to-the-minute live data streams for them to browse. Still not sure what I’m talking about? Take a look at my Current Top 15 Internet Searches page. Every month I get hundreds of visitors who searched for the term “WWE” and reached this page, which by the way has a Page Rank of 4. Does CyberWyre have anything to do with World Wrestling Entertainment Inc? Nope, but I do get a lot of traffic from it, and banner clicks too. @: http://www.cwire.org/ 2/ @: http://www.cwire.org/highest-paying-search-terms EXAMPLES- most are not very relevant for GEI: Highet Paying search terms using Google’s AdWords tool. Currency is Canadian Dollars. $82.95 austin dwi $78.28 school loan consolidation $76.80 college loan consolidation $75.07 car insurance quotes $75.03 auto insurance quotes $71.96 college consolidation $70.83 massachusetts auto insurance quotes $70.09 life ins quotes $69.44 allstate insurance quote some are: $33.47 interest only loans $25.04 mortgage lenders $24.06 refinance $22.97 internet stock trading 3/ Current Top Searched KeyWords: 1. Lebanon 2. Reuters 3. Wordcamp 4. “Adnan Hajj” 5. Landis 6. “Mel Gibson” 7. Israel 8. Video 9. “Henny Penny Harridan” 10. Wikimania 11. “Floyd Landis” 12. Ubuntu 13. Myspace 14. Macbook 15. Movie @: http://www.cwire.org/current-top-15-internet-searches/
  10. Not that I am aware of. Maybe it as a different name
  11. "We are constantly faced by great opportunities, brilliantly disguised as unsolvable problems." Lee Iacocca
  12. It may be useful to collect useful soundbites, as we run across them 1/ Insulation before Generation consider the potential energy saving from better insulation of new and existing housing stock and passive solar design in new homes.
  13. drbubb

    Gold: the Bull's thread

    If the slide in the stockmarket really takes hold in the days to come, you may be surprised how fast Gold and gold shares fall No guarantee on this, but it remains a real possibility- not a longshot IMO
  14. drbubb

    Gold: the Bull's thread

    Maybe a Fed rate rise nect week would hit Gold Markets still make it a 50/50 bet, but I think the odds are closer to 90%. Friday's employment data will change the odds for the market
  15. drbubb

    Gold: the Bull's thread

    I AGREE. Gold & Silver are holding better than I had expected at this stage/ Despite that, i am still raising cash where I can because, I still expect an August selloff- in gold shares, if not in the metal itself. It is beginning to look like the metal has a chance to hold above $600, and perhaps higher. If we get a slide in the general market, then Gold shares would likely slide too, even if AU & AG hold up. So we still may see some late August bargains Silver (SLV) ; is on the top of a range, and may peak here, just below $12
  16. drbubb

    STARVEST

    They still haven't started the buybacks, it seems Discount is pretty juicey here, against a slimmed down NAV. I might take a srious look at it, at these levels or lower in late August CHART At 16-17p, SVE is on/near support from the 252d.MA. Ideally, I would buy at 15p or lower in late August, at a discount over 15%. The price might rise when the bubacks start in Sept-Oct and/or from a rally in Gold prices
  17. I collected the links, because I was looking into a possible investment in a wood chip company. It never happened, because I felt the business was not sufficiently developed I am intrigued with the idea of investing in such a business in an area with lots of forests: such as Estonia or Wales
  18. drbubb

    The Oil and Energy Price Thread

    ENERGY RISING, not just oil The EEI said last week that the U.S. set a record for electricity demand for the week ending July 22. The Energy Department last week surprised the market by reporting that U.S. inventories of natural gas shrank by 7 billion cubic feet. Supplies typically build during summer. Still, the country's natural gas inventory is well above historical levels at 2.76 trillion cubic feet. The five-year average for this time of year is 2.27 trillion cubic feet. Analyst Dan Lippe of Houston-based Petral Worldwide believes that, barring any major hurricane damage to platforms and pipelines, natural gas prices could fall sharply in September. "You will see (U.S.) storage facilities full well before the last week of October," Lippe said. Light sweet crude for September delivery rose $1.16 to settle at $74.40 on the New York Mercantile Exchange. September Brent crude futures at London's ICE Futures exchange rose $1.76 to settle at $75.15 a barrel. Oil prices have been choppy in recent weeks, but BNP Paribas Commodity Futures broker Ric Navy said the market could be setting up for a big move up. "The longer you go sideways, the bigger the breakout when it occurs," Navy said. "And at this point, the long-term trend is still higher." Navy said traders could easily become more anxious in the weeks ahead, with the Gulf of Mexico hurricane season expected to pick up and the nuclear standoff between the West and Iran expected to come to a head in late August. The U.N. Security Council passed a resolution Monday giving Iran until Aug. 31 to suspend uranium enrichment or face the threat of economic and diplomatic sanctions. Iran immediately rejected the council's demands, which were watered down from earlier drafts because of Russian and Chinese demands. ...MORE: http://www.chron.com/disp/story.mpl/ap/business/4085085.html 2/ "Prices have moved up ... with traders concerned over reports of a serious oil spill on the Druzhba pipeline, which ships over 1.2 million-1.4 million barrels per day of crude oil to Europe," said Barclays Capital analyst Kevin Norrish. Oil prices also gained after the UN Security Council overnight tightened the screws on Iran over its nuclear program, ordering Tehran to halt uranium enrichment work by August 31 or face possible sanctions. But the text stopped short of an immediate threat of sanctions, which have been opposed by Russia and China, and said punitive action would have to be the subject of further debate. Security analysts have said that in the event of sanctions, Iran might retaliate and block the Strait of Hormuz, which is a crucial outlet for oil shipments to Japan, the United States and Western Europe. Iran is the world's fourth-biggest producer of crude oil and exports around 2.7 million barrels per day. ...MORE: http://www.news.com.au/business/story/0,,1...2-31037,00.html
  19. I spend a very enjoyable day at the "Grand Designs" show at Excell centre. I was visiting with the gf and an architect friend who had suggested it. It was an inspiring day out, especially the Grand Village which feature four homes of modular design. Following are the four properties, and some approximate cost figures: Huf Haus : £1300-1500 per sq.meter Occupying the centre of the Village will be a HUF house in all its glory. Based on traditional German housing forms and centuries-old construction methods, the HUF HAUS system first came to prominence in the UK on Channel 4’s “Grand Designs” TV series. In order to get an idea of what the HUF HAUS is like to live in, you will be able to tour the house and see for yourself the progression from shell to completed home with some rooms completely finished and furnished, and others providing a blank canvas for your own imagination to run riot PAD : about £1000 per sq.meter Also at the heart of the Village will be the first Pad house to be built in the UK. The Pad P4 provides flexible, designer living that truly reflects your lifestyle and tastes and can easily be adapted and reconfigured to meet your ever-changing needs. A fixed core supports individual room modules allowing you to remove and swap room modules around in a matter of hours and without disrupting the rest of the house. You can buy your Pad as an empty shell or choose individual rooms, custom-designed by some of the world’s best electronics and interiors companies, to help you put together a home that completely suits your needs and tastes. ContainerCity : £20,000 for 400 sq.ft= £xx/sgft = £xx/sq.m . (Container City™ will be part of the Grand Village and will be exhibiting a new live / work unit that is destined for Cove Park artists centre in Scotland) Flexibility is also a buzz word of Container City. Individual containers can be used as a home office or studio in the garden, or they can be stacked on top of each other to create a larger living or work space up to five storeys high. Made from rust-proof corten steel, they can be clad or painted any colour and come fully insulated. The containers can be customised to include anything from bathrooms and toilets to kitchens and environmentally friendly features can be built in, such as rainwater harvesting and green roofs. Transportation is easy and cost-effective as the containers are designed to go on the back of a lorry. Cube : £50,000 for 7.0 sq.m : amazing compact design . The micro-compact home, pioneered by Prof. Richard Horden and his team at the Technical University in Munich with Horden Cherry Lee Architects and Haack Hopfner Architects, Munich, is specifically designed for short-stay smart living and is suitable for a variety of locations, providing sophisticated compact accommodation for business or leisure use. It can nest amidst the garden trees and shrubs and integrate in to any landscape. Perfect for a guest-house or “teen- house” it has also been successfully trialled as a solution to student housing. The slick aluminium cuboid pod requires no furniture and comes with completely integrated energy and communication systems. Raised off the ground, it has a minimal impact on its environment and with a substantially reduced building volume there is an effect of creating a greater flow of nature through and around the building. = = = = = LINKS: GrD. Exhibition website.. : http://www.granddesignslive.com/ Kevin McCloud's website : http://www.kevinmccloud.co.uk/ The £60,000 House........ : Telegraph article on Stephen Stone
  20. drbubb

    Currys to stock solar panels

    Got it in another thread, MT: http://www.greenenergyinvestors.com/index.php?showtopic=688 Helpful service, or a cycnical attempt to cash in on Gas price rises? You decide
  21. drbubb

    The Oil and Energy Price Thread

    Monday: Oil climbing FAST, clawing back those losses from friday Charts : WTI : Brent/OILB - - Crude Oil Rises After Leak Discovered in Russia's Main Pipeline to Europe Crude oil rose after the Russian government reported one of the nation's main oil links to Europe leaked near the Belarus border, possibly cutting supplies from the world's second-largest exporter.
  22. John Barr, Chairman of Thor Mining (AIM: THR) hasn’t had much luck in exciting the London investment community over the past year. Thor listed on AIM primarily to raise cash for the development of Molyhil, a molybdenum-tungsten project near Alice Springs in the Northern Territory in Australia. Sadly, as mentioned in previous articles on Proactive, bringing an Australian asset to London and whipping up interest is a lot harder than one might think. Despite the lack of enthusiasm for Thor, the company has made good progress at Molyhil which is now at the feasibility stage. The company also recently announced the acquisition of some uranium prospects and a capital restructuring aimed at encouraging new investors. The combination of Molyhil moving through feasibility, the new uranium prospects, and a secondary listing on the Australian Stock Exchange (ASX) may just be the combination required to kick start interest in this prospective junior. Molyhil Deposit After completing a positive scoping study on the Molyhil project this spring, the company moved swiftly to initiate a full feasibility study. The tonnage at Molyhil is quite small and the grade moderate, but with today’s robust molybdenum and tungsten prices, the mine should generate healthy cash flow for Thor. The scoping study assumed an open pit mine processing 300,000 tonnes per annum for four years with a combined molybdenum-tungsten grade of 0.8%. Assuming prices of US$24/lb molybdenum sulphide and US$240 per metric ton unit (mtu) tungsten oxide, the mine could generate cash flow of A$30-35 million per annum. This assumption is based on a cash cost per tonne of A$80 and capital expenditure of A$20 million. The four year mine plan is modelled on the shallow portion of a larger geological formation, but Thor will be drilling a few deeper holes this summer as there is potential for an increased resource at depth. Therefore, the four year mine life may be increased. Overall, Molyhil could be a project that offers significant near term cash flow - very helpful indeed for a small company trying to explore and expand. It is envisaged that the feasibility will be completed around the end of this year. If the results are positive then the company should swiftly move towards financing and on to mine development in 2007. . . Conclusion Thor falls into the ‘micro-cap’ category of mining companies listed in London, and the shares have been hampered by low levels of awareness amongst investors. After meeting with John Barr in London, it quickly became apparent that the company sees the need to shake things up and a plan is now in place. The secondary listing on the ASX, the share consolidation, the issue of free warrants, and the new uranium prospects should help boost interest in Thor and should enable any additional good news to be more readily reflected in the share price. ...MORE: http://www.ProactiveInvestors.com
  23. I am told that they are amongst the few designer homes that hold market value rather well
  24. drbubb

    The Oil and Energy Price Thread

    MORE OIL CHARTS Dec.2006 (X or Z) Barcharts ........... : http://www2.barchart.com/chart.asp?sym=CLZ6 Ino .................... : http://quotes.ino.com/chart/?s=NYMEX_CL.X06 Access Trading..... : http://www.accesstrading.com/charts.php (use: CLX2006 ) TFC/TradingCharts : http://futures.tradingcharts.com/chart/CO Quotes/Options etc : http://www.bohlish.com/#FUTURES
  25. Hi 2112, Do take a look at some of the pre-fabs, especially Huf-House. There is some beauty and inspiration there. They are expensive, but I have an architect friend who has designed his own alternaive, based upon their inspiration
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