drbubb

MM, Do you know this guy, Keshe? New propulsion technology - magnetism and antigravity Nuclear Engineer, Mehran Tavakoli Keshe, has came forward as being the developer of the technology being used in Iran's new "flying saucer." His technology is claimed to harness magnetism and gravity to allow travel throughout the solar system and beyond. by Hank Mills On March 16th, 2011, the hard-line Iranian news agency Fars issued a press release stating Iran had developed a flying saucer. The unmanned saucer named "Zohal" is stated to be equipped with an auto-pilot system, GPS, and an imaging system. It is claimed the craft can fly indoors and outside. Initially, the press release included a stock photo of a flying saucer that was obviously from an old SCIFI movie. This image was later replaced with a picture of what looks like an ordinary quadrocopter. Such an image would tend to indicate there is nothing exotic about the craft. Now, nuclear Engineer, Mehran Tavakoli Keshe, who we have interviewed and covered here in our news for a couple of years, has came forward and claimed to be the developer of the gravity manipulating technology being used in the Iranian flying saucer – something he divulged to us in the past, prior to the official Iranian announcement. Mehran Keshe is the director of the Keshe Foundation. He claims to have developed a special plasma reactor that allows for the manipulation of gravitational and magnetic fields to produce motion. Multiple patent applications have been filed for this reactor, and details of it are explained on his foundation's many websites. Importantly, in a recent interview with William Alec of Vortex Network News, Keshe specifically states his technology is incorporated in Iran's new saucer. He also claims to have given the technology to the Iranian government years ago and is actively working with them. This contradicts the idea that the saucer is a kind of multi-turbine helicopter. /more: http://nesaranews.blogspot.com/2011/11/new-propulsion-technology-magnetism-and.html

Are you so certain that British citizens will be foolish enough to take that money, and risk finding themselves vastly underwater when prices fall? Maybe so long as rates are low, they will be willing to take the risk, but as soon as rates move back up, the risks of this reckless scheme will become apparent I certainly home that the UK can learn something from the housing mess in the USA

The attack may start on the currency. But when the FX rate falls enough, the UK will be forced to raise rates.

Indeed - And maybe a fast crash too. Here's the chart I just added above Rates may be bottoming now Once they understand that "parking money in Prime London property" is not truly safe, that type of buying will dry up. Rising rates, and falling rents, will change that perception quickly... as London prices break their uptrend.

Indeed - And maybe a fast crash too. Here's the chart I just added above Rates may be bottoming now Once they understand that "parking money in Prime London property" is not truly safe, that type of buying will dry up. Rising rates, and falling rents, will change that perception quickly... as London prices break their uptrend.

Nothing falls forever, and if you believe some folks who predicted the spike in Italian rates, the jump for UK rates may be at hand: http://www.greenenergyinvestors.com/index.php?showtopic=15609

Chartered Surveyor, on 17 November 2011 - said: QUOTE ===== May I suggest this title is changed to No HPC, this time its different... . . . Like a tide London leads the way and I am firmly of the opinion that we have are now entered the start of a crack up boom that is moving at a great pace now. . . . In view of this I am now interested in the opinions of the readers of this site as to the effects of a crack up boom on debt, housing in the UK. UNQUOTE ===== These charts, may back up my still-Bearish view on UK Property...

Chartered Surveyor, on 17 November 2011 - said: QUOTE ===== May I suggest this title is changed to No HPC, this time its different... . . . Like a tide London leads the way and I am firmly of the opinion that we have are now entered the start of a crack up boom that is moving at a great pace now. . . . In view of this I am now interested in the opinions of the readers of this site as to the effects of a crack up boom on debt, housing in the UK. UNQUOTE ===== These charts, may back up my still-Bearish view on UK Property...

MIGHT THIS prove to be a big breakthrough? Neutrinos and the End of the Mayan Calendar (Calleman version) Posted on November 23, 2011 Barbara Hand Clow pointed to an interesting — even “earth-shattering,” no; let’s call it “dimension-shattering,” or “dimension blending”— news event that occurred on October 28, 2011, the end of the Calleman version of the Mayan Calendar: “Exactly on that day, physics announced that the Faster-than-Light Neutrino experiment was to be rerun, and if the results were the same, Einstein’s Relativity Theory would have to be challenged by physics.” For if neutrinos can penetrate matter as if it isn’t solid, then is it solid? And wait a minute, “faster than the speed of light?” Huh? Not possible! Well, not possible within the current framework of our most advanced scientific thinking. But that doesn’t mean it isn’t possible; it just means that, like all epistemological frameworks, Einsteinian physics sets up a certain structure of unprovable assumptions beyond which we cannot go lest we fall through space forever. So interesting, how we humans keep trying to construct an epistemological framework that will avoid the “infinite regress,” limit the limitless, set a secure, stable, steady, forever foundation upon which we can stand. There is no such thing! All frameworks, no matter how grand, are mere posits in the mysterious void, this presence, this timeless being, within which all possibilities arise and subside and arise again. Here’s one reporter that took note of possible implications of what we have framed up as “neutrinos” and their weird behavior. Thanks to the guardian. The neutrino may prove the true revolutionary image of 2011 In this year of political revolution and upheaval, the greatest subversive may turn out to be a tiny particle View of the elusive subatomic neutrino tracks showing electrons and muons caught in a nano second. Photograph: Dan /more: http://exopermaculture.com/2011/11/23/neutrinos-and-the-end-of-the-mayan-calendar-calleman-version/

Nice charts, Errol. But don't rule out a big break of trend, and then maybe a return to it. If/when it shoots above, that may be a sign an important top is being put in place.

Mr Gold Buy&Hold. I am voting against him on the Beating B&H thread. Keep watching to see who is ahead...

Kinross / KGC ... update The bottom of the channel has now been tagged

(Received by email yesterday): KGC - up almost 6% today..... Shares of Kinross Gold got a boost after Thomson reported that the company and the government of Ecuador were close to signing an exploitation agreement to develop the world-class Fruta Del Norte (FDN) gold property. The contract will reportedly require a royalty payment in advance, however the minister responsible noted that he would not comment until a contract is signed. Kinross gained control of the FDN resource when it acquired Aurelian Resources for $1.2 billion. The Fruta Del Norte deposit contains 13.7 million ounces of contained gold and 22.4 million ounces of contained silver. With the total resource contains 58.9 million tonnes grading 7.23 g/t gold and 11.8 g/t silver according the last resource estimate. A Bay Street analyst currently values FDN at $652 million (in-situ basis due to permitting risks), which could potentially increase to approximately $2 billion on a discounted cash flow basis.

MORE ON SLV OPTIONS pricing and strategy... (non-Traders/non-Hedgers can ignore this): MS, You are on the right track here, but you haven't quite captured the notion of "Time Value." Think of an insurance premium. When you buy insurance on your car or house, you are paying for something that may or may not return money to you. If your house never catches fire, you will not be able to collect on Fire insurance. But the fact that you might get something back, when you need it means that Fire insurance is worth having, and worth paying for. And obviously, the longer the policy runs, the more you are willing to pay for it. A similar concept applies to options. In this case, I paid $3.75 for an Option which had two components to its Value: + $3.25 for "Intrinsic Value": which was the in-the-money difference between SLV and the $27 strike + $0.50 for "Time Value": which was the extra amount that I paid to be protected from SLV falling below $27.00. If the Time Value had been zero, then the $27call would have better in all respects than buying SLV at $30.25, and no rational person would risk $30.25, when they can get the same upside for so much less money. I could have also bought a Jan or April $27 call, but that would have cost me more money. Perhaps you should look at the Options on SLV and get a better value for how they are priced. /see: Bigcharts (SLV) : http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=slv&insttype=&freq=&show=&x=47&y=22 /see: Bigcharts (SLV-options) : http://bigcharts.marketwatch.com/quickchart/options.asp?sid=2305869&symb=slv That's one method I use to keep track of prices. Well, if the Call strike price had been lower then maybe: + $5.25 for "Intrinsic Value": the in-the-money difference between SLV and the $27 strike + $0.25 for "Time Value": a guess of what that "extra value" of Put Insurance at $25 strike ========= = $5.50 Total Call Premium, if I have TV correct Here's how I look at it: The more CERTAIN I am prices are at a Low, the more I want to own Physical Silver, SLV, or deep in the money calls. The more I think we may be near a topping area in Silver prices, the more I want to take profit on my Physical Silver and Switch from SLV into SLV calls, "taking money off the table." But even when prices seem very high, I may want to hold a Core Position + Options which add up to 10,000 shares-or-options, in case I am wrong and Silver prices run away to the upside.

Fair enough. Then a key price you want to watch is: Land-in-Gold-oz (or maybe Land-in-Silver-oz)

DO YOU DARE to join those who are Heretics about the Dollar ? Or do you prefer the conventional wisdom: "Conventional opinions about the USD/DXY tend to be "folk" views based on a single causal relationship. One such view is the Federal Reserve is intent on "inflating our way out of debt" and do so it must "print" a lot of money, which will then trigger inflation, which will then drive the dollar's value down, both when measured in gold, oil, land, etc., i.e. tangible commodities, and also against competing global currencies, i.e. other fiat currencies. If we accept this premise and causality, then we "know" the dollar will continue losing purchasing power/value until the Fed has completed its inflate-us-to-wholeness-and-prosperity campaign." Yee Gads! Do you never want to question that Received Wisdom (that The Dollar MUST continue Falling) ? I dare to question it, and have dared to make money by challenging that confident assumption at certain times. (Here are some excerpts from another Heretic, Charles Hugh Smith, who also dares to doubt... and hedge) Some Heretical Thoughts on the U.S. Dollar The primary emotions connected to the U.S. dollar are hatred, revulsion, animosity, scorn, mockery and certainty of its demise. Up until very recently, the investment community was 96% bearish (by at least one measure) on the USD. Now that the euro is swirling the drainhole, there is a grudging recognition that the USD/DXY may gain a bit of strength at the euro's expense, but this strength is necessarily ephemeral (in this view) and thus illusory. It's not too hard to see the emotional wellsprings of this generalized loathing. Many hate U.S. hegemony, and the dollar being one expression of this hegemony, they are duty-bound to loathe the USD as a tool of hegemony. As a result, they constantly seek our reasons to support their animosity. Others see gold as the only real store of transportable wealth, and since it is a given in this ideology that the dollar must decline as gold rises, that is, the two are directly and causally correlated, then valuing gold requires one to mock and scorn the USD. Others scorn the Fed's policy of weakening the dollar to goose equities and inflation, and their mockery of the dollar reflects their disdain for the Fed's policies and goals. UUP / PowerShares DB US Dollar Index Bullish Fund ... update xx . . . If we accept this premise and causality, then we "know" the dollar will continue losing purchasing power/value until the Fed has completed its inflate-us-to-wholeness-and-prosperity campaign--and everyone knows that will take a long, long time as our debts are so monumental. The dollar is thus a poor store of value and should be shorted or sold. This makes sense as far as it goes, but like all "folk" prescriptions, it discounts or ignores other causal dynamics. Examples of "folk" investing beliefs include "real estate will never go down because they're not making any more land and the population is growing," and "these companies will only go up because the Internet will keep growing for decades." . . . Since a single "folk" prescription is the basis for many observers' view of the USD, we might treat "sole-source causality" gingerly as a reliable basis for actually risking money on a wager, oops, ahem, I mean an "investment." Like all fiat currencies, the USD/DXY is both a potential "store of value" and a means of exchange. The general view grants this dual nature, but focuses on the poor prospects of a fiat currency as a store of value when limitless quanitities of said currency can be printed or borrowed into existence. History shows that the causal connection between printing and inflation/hyper-inflation is real. It is less authoritative when the currency is borrowed into existence, but let's stipulate that any currency being printed with abandon will lose purchasing power/value. Why? Printing more paper does not create more wealth, productivity or things to sell; it simply depreciates the value of existing currency. So over a long timeline, any fiat currency being printed in quantity above the actual expansion of goods and services being produced will make a poor store of value. But how long is our time line as traders? One year? Five years? Twenty years? The farther out we extend trends based on current conditions, the lower the accuracy of our guesses. Does anyone dare claim to know the price of anything ten years hence? So traders tend to be wary of bets on what price may or may not obtain five or ten years hence, especially as volatility has systemically increased, and may continue to rise for structural reasons. Rather than focus exclusively on the USD as a "store of value," shouldn't we also ask: Are there any causal factors which affect the value of currency as a means of exchange? In other words, can currencies gain or lose value as means of exchange? If so, does this have any bearing on our view of currencies as commodities? For example, consider this quote from Zero Hedge: The Complete And Annotated Guide To The European Bank Run: It is important to emphasizes that a bank’s decision to hold sovereign debt is not an expression of an investment preference. Rather, it is a decision related to liquidity management. As such banks seek ‘risk free’ assets that can be used to access liquidity at any time, particularly at the time of crisis. While this quote refers to sovereign debt, the same principles (liquidity and risk management in times of crisis) apply to currencies. This dual nature of currency naturally creates confusion. Currency wadded up under the mattress may well depreciate to a curiosity, but gold is not a means of exchange on a global scale. Even as non-experts, we can ponder the nature of global currency exchange, which is on the order of $2 trillion a day. How many dollars are traded as stores of value? How many are traded as means of exchange? The answer illuminates which one generates the "value" of an unbacked, paper currency. In other words, commodities gain or lose value according to supply and demand. Currencies which are seen as relatively "risk-free" in terms of liquidity can gain in value because the demand for them is rising faster than the supply is increasing. The only way they could lose value is if they were printed in quantities that exceeded the demand for liquid, low-risk means of exchange. We might also ask if demand for currencies can be broken down into demand for "liquid means of exchange" and "low-risk store of value." Pursuing this, we might speculate that the demand for Swiss francs may largely come from those seeking a store of value, while the demand for USD may arise from those seeking a liquid, low-risk means of exchange. Thus we may have to differentiate between various sources of demand to establish a trend of value. If we pursue the causality dynamics of supply and demand, then we also must examine the size of global markets and demand for liquid, low-risk currency and compare that to the increase in money supply, i.e. "money printing." Though there is no definitive source, estimates of global financial wealth tend to be around $160 trillion, with the U.S. accounting for around $45 trillion of that. (For scaling purposes, note the U.S. GDP is $15 trilllion and the European Union GDP is around $16 trillion). Global trade between the major trading nations is on the order of $15 trillion. It is rather transparent that the need for currency for trading purposes is very large, as is the need for currency for liquidity purposes. Since the "folk wisdom" many are basing their perception of the USD on is vast printing by the Federal Reserve, it seems useful to inquire about the scope of this "printing." Although I am not an expert, it seems the Fed printed about $1 trillion which it then used to buy mortgage-backed assets that were impairing the private banking sector's crumbling balance sheets. The Fed printed another $1 trillion or so and used it for various shore-up-the-dikes measures, from funding the discount window to support liquidity to buying U.S. Treasury bonds as part of its manipulation of interest rates. Much of this "new money" has ended up in the banks as dead-money reserves to present an illusion of solvency. It seems very little of this freshly created money actually ended up in the economy where it could influence supply and demand for money or goods. We might thus conclude that the driver everyone assumes is the one and only real driver for valuing the USD is more a popgun than a blunderbuss. We might also wonder just how much of an effect this "new money" (very little of which actually entered the real economy) would have on $15 trillion in global trade, and a financial system shuffling $160 trillion in financial assets. We might conclude that there is little demand for the USD as an enduring "store of value" but an immense and rising demand for it as a low-risk means of exchange and liquidity. A stubborn crowd on the other side of a trade is one feature of an attractive trade. As the trend erodes their confidence and accounts, they offer a steady pool of buyers of the scorned side of the trade. When the trend breaks technical thresholds, the shift from one side of the trade to the other cascades. From the point of view of a Pareto distribution, the 4% long the USD/DXY may well exert outsized influence on the 64% at some point. When the percentage of longs rise to 20%, then they will exert outsized influence on the other 80%. It's looking to be a very interesting few months ahead in the global marketplaces for equities, bonds, commodities and currencies. Nobody knows what will happen to price or anything else. For traders, emotionally detached situational awareness trumps conviction based on the comforts of belief. *Post courtesy of Charles Hugh Smith at Of Two Minds. /source: http://www.wealthwire.com/news/economy/2247

I dont disagree. But dont forget there are massive dollar shorts out there. So a period of doillar strength could lead to a very sharp spike UP in the Dollar. And I would plan to take advantage of that. The Dollar looks like one of the "better homes" in a bad neighborhood. And even precious metals can fall in a period like that, as we saw in 2008. Wiith options, I can play these swings on both sides, or at least protect myself.

So now, finally, they have fingered the reason for Silver's big rise. I see this planned issue as a way that Mr Sprott can (again) cash in on the big premium that PSLV trades to Silver. Let the sheeple beware! (If you hold PSLV, you might want to think about switching into Silver- and some SLV calls- now.)

I think people holding a Core position in Silver (and there's nothing wrong with that!), can tolerate some trading ideas here from time-to-time. Holding a core, and trading another portion seems like a winning position, even in a long bull market. Experts like David Morgan do that. Holding all your silver "forever" seems much less sensible to me. (If not "forever", then what's your exit trigger ?)

I think he is pretty switched on about Safe Havens. And it may be that we will see a period (brief period?) where the Dollar again is seen as a Safe Haven, while Gold prices are falling.

Silly forecasts from May 13, 2011. Thanks for the link, HG, to show how people got carried away then. Possibly acted on by naive sheeple, unaware of technical analysis, and that forecasts get progressivly sillier as prices rise. Now a forecast of "Silver to hit $44 in Q1-2012" would seem a tad aggressive. I find it strange how some here have ridiculed my (sensible) comments here, or rubbished my idea of swapping Silver for calls, to take some profits off the table. (Perhaps those foes-of-practical-sense have now moved on, or will show more respect for my conservative way of trading?) But it may be that when the next important lows come, we will only have a handful of folks who are still long-term bullish on Silver. Remember those on other sites (like Goldseek) who were saying you should NEVER SELL your gold or silver? Do they still have a following there?

What other traders speak of these long term MA's that I use ? == == Another leg down in Silver? - It is possible SLV / Silver etf ... update : 1-year : 6mos-wo-610d SLV is now testing the 377d, just below $30. If that breaks it may rattle down to $25-26, where the 610d MA would lend possible support.

There's not much discussion here (yet) The thread is mostly an archive

Even the GEI scientists might like this one Coast to Coast : Physics Milestones Clifford Pickover http://www.youtube.com/watch?v=tYrPbipw-LE From: MrThemastercleanser | Nov 18, 2011 | 834 views http://www.iwipa.com/iwipa/169123933138618?pid=1 http://www.coasttocoastam.com/show/2011/11/17 Author of forty books on such topics as mathematics, black holes, and alien life, Cliff Pickover, discussed his latest work, The Physics Book, which presents 250 milestones in the history of physics. The milestones include thought provoking topics such as parallel universes, dark energy, and "quantum immortality," as well as some fascinating curiosities. Quantum immortality, he explained, is based on the idea that in subatomic physics, two different choices are simultaneously possible, thus creating an infinite number of worlds. So, in this 'many worlds' paradigm, you might seem to live forever because there'd always be one reality where you didn't die. Another topic he addressed was the 'Big Rip,' which suggests that the universe is rapidly expanding, and that our solar system could eventually rip apart. One of the curiosities he spoke about was Dyson Spheres-- a hypothetical proposal by the physicist Freeman Dyson, in which an advanced civilization could make a sphere that surrounds our sun to capture all its energy. Pickover also talked about unusual ancient technology such as the Baghdad Battery and the Antikythera Mechanism, as well as a kind of natural nuclear reactor created two billion years ago

Barratt ... BDEV-chart-5yr : BDEV-1yr Is approaching another breakout-or-smackdown moment from 100P