Jump to content

consa

Members
  • Posts

    326
  • Joined

  • Last visited

Posts posted by consa

  1. Hi Dr Bubb and consa fizzlers.

     

    I'm shorting 2 kruggers at the moment on Ebay, :lol:

    and i also would like to start gently and get into some of these wonderfully cheap junior mining exploration companys,that axstone, Chapman,Sinclair are raving about, is there any way to do it in the U,k. i really know sweet f a about brokers, all these different letter meanings and chart stuff, apart from rockets going to the moon pictures.

     

    Would it be too much to ask how to start a thread with Q&A doing this and explain it all in pure simpleton terms to the uneducated novices like myself and others that have join here recently before all you's chappies make a fortune in juniors while us other poor unfortunate lost souls are only holding lowly gold bullion coins and silver and so on, and (EtfS) i have already learnt that etfs means-not enough to go around in the case everyone demands theirs, like the banks on fractional reserves. :o

     

    I think it would be good for this site to educate the complete novice's like me. And make us Rich

    Hi and welcome to GEI

  2. THat is true.

    The ad revenues here pay for the hosting, and I havent made a single pence from GEI yet.

    But there has been a wealth of ideas exchanged here- which is the real point of it.

    Yep, mine covers the hosting and some beer/do money but every month is different, I am quite content with that

  3. Probably only a matter of time before they add this sites name to their automated censor software. That's what happened to GHPC when people moved there, and you still can't type those four letters on HPC without being asterisked.

    :lol::lol: That's true, I wonder if they will censor it - As WM and Bubble Pricker are DrBubb's friend's - could get tricky hmmmmmm

  4. So FP isn't the owner then fair enough, but someone is. The mods are unpaid because the forum owners are tight bastards and won't pay them despite earning lots of money out of it. I'll still be going ahead with my forum idea with or without you, I just wanted you onboard because I think you are a great poster especially when it comes to gold and I assumed you'd want to earn money out of posting.

    Fubra owns HPC. Don't be misguided, forum's are not an easy street to riches and they take time and resources and if there was enough in it - sure mods would be paid, don't get excited magpie :rolleyes:

  5. FP is definitely not the owner of HPC. Also I genuinely doubt that they make millions out of it, though obviously there is some revenue. But I think the moderators are unpaid - so long as I know apart from the original owner being bought out, the financial interest now is all in Fubra.

     

    Consa might know more than me.

    The webmaster here is the original HPC webmaster I believe he helped Drbubb set this forum up, correct that FP does not own HPC and correct again the 'commercialised' HPC financial interest now is all in Fubra, fubra are

    arsholes

    in it for financial gain only, The_Oldie is an out and out prick (sorry Doc)

  6. Hi everyone.

     

    I am new here. This is my first post and at the same time my first thread.

     

    I am sort of looking for a new (internet) home after the environment over at HPC.co.uk got too annoying, with people moving the very popular gold thread around all the time. Maybe information on gold and related matters are more appreciated here.

     

    Anyway, should the moderators here deem this thread inappropriate, I would be happy to be moved. The theme of this thread should be general information on gold, gold as a macro-economic variable, and its relationships with other investements/assets, like e.g. houses. Money/credit/debt issues are of course of interest as well.

     

    My idea was to put it in the main forum because I like broad discussions. And my main reason for coming here is that the HPC-gold thread was moved from the main forum which reduced the number of posts/posters on it, and just made things much more inconvenient.

     

    I hope that is OK with the philosophy on this forum here.

     

    Regards,

    GF

     

    PS: I chose the name 'G0ldfinger' since I am/was 'Goldfinger' on HPC. No offense to the holder of the name 'Goldfinger' on this forum here, who seems to exist as well.

    Welcome to the forum

  7. The way that i've done it is...

     

    Left GreenEnergy mostly as it was, with the new name, GlobalEdgeInvestors, simply directing people into the old website. I may change over at some stage, putting the website fully in the name of GlobalEdge. But before doing so, will have to investigate whether or not my current software license could be switched over. So I may just leave it as it is.

     

    Think of the new logo as, some new packaging- but with the product remaining essential the same.

     

    I hope eventually the number of posters will grow, and the new folks will feel at home here more quickly because of the new name

     

    DO ANY OF THE OLD POSTERS ...

    feel that they can post on a wider range of topics because of the new name??

     

    i think if I was an infrequent poster, the new name might encourage more freedom

    Welcome to the 'Global' network, I wish you well.

     

    In response to the Question: No :lol: (only joking)

  8. Profit from the Big Drop in Oil Prices

     

    Over the past several weeks, oil and gas prices have fallen sharply, prompting many to conclude that the bull market has finally run its course. With oil prices back to $60 per barrel, most are now calling for prices to fall back below $50, and some see even lower prices dominating in the years to come. As there is no real evidence that suggests an abatement of those forces that pushed oil prices up from below $20 six years ago to near $80 dollars last month, such rosy forecasts really amount to wishful thinking. The recent sharp decline is likely technical in nature, providing long-term investors with an excellent opportunity to build on established positions, or create new ones.

     

    Oil’s impressive gain over the past six years has attracted "hot money" from leveraged speculators, particularly hedge funds piling into the market. This has resulted in increased volatility, particularly on the down side. This week we learned that Amaranth Advisors, a $10 billion dollar hedge fund, blew up, losing better than 60% of its value as a result of highly leveraged natural gas bets that turned bad. The unwinding of these huge positions obviously exacerbated recent declines, and will likely help form a significant bottom to this correction. It is important to remember that the speculative money is not the driving force behind the underlying move. The fundamentals have been powering the energy market for years, and will likely continue doing so regardless of how many speculators tag along for the ride.

     

    I have been buying oil and gas related stocks for my clients since 1996, long before the recent run up caught most investor’s attention. In the 2002-2003 run-up to the invasion of Iraq, when most strategists were calling $30 oil a temporary fluke, reflecting a “war premium,” I agued the reverse. My take was that oil prices actually reflected a “war discount” and that rather than falling when the war ended, oil prices would rise even further. See my commentary from March 13th 2003 entitled “There is no "war premium" in the price of oil!” available here. In fact, I was one of the first on Wall Street to officially forecast oil prices of $50 dollar per barrel. After that forecast proved accurate, and most top Wall Street strategist were calling for prices to collapse below $30 per barrel, I was one of the few who correctly forecast the move above $70 per barrel. In a Barron’s article dated November 2, 2004, with oil trading just shy of $50 per barrel, and oil strategist at both Merrill Lynch and Salomon Brothers predicting a quick return to the $30 level, I was the only one quoted who accurately predicted oil prices rising to $70 per barrel.

     

    There are two primary reasons that I still believe oil prices will continue their long-term ascent. First, years of cheap oil, and the false perception that prices would stay low indefinitely, lead producers to under-invest in exploration and development, and consumers to over-utilize energy resources. As a result, it will take a long time for supply and demand to readjust to the new reality, ensuring high prices for years to come.

     

    Second, once Asian central banks finally allow the U.S. dollar to collapse, Asian demand for oil will surge. That is because appreciated local currencies will not only make oil cheaper for Asian consumers to buy, but result in risings living standards throughout the region. As the values of their savings and incomes rise, more affluent Asian consumers will then be able to afford more energy utilizing products. Currently the purchasing power of Asian consumers is being suppressed by their governments' foolish policies of propping up the purchasing power of American consumers.

     

    Since there will not be enough new oil to satisfy the explosion in Asian demand, it will instead be satisfied with oil previously consumed by Americans. The flip side of increased purchasing power for Asians will be decreased purchasing power for Americans. As a result, precisely when oil gets cheaper for Asians, it will get more expensive for Americans. As the value of Asian wages and savings rise, those of Americans will fall. The extra oil consumed by wealthier Asians will no longer be consumed by poorer Americas, who will therefore be forced to conserve and economize in ways currently unimaginable.

     

    As the yuan or yen price of oil drops, the U.S. dollar price of oil will surge. Therefore American investors, who hold oil investments instead of dollars, will in effect be able to preserve their purchasing power and protect their current standard of living. One of the best ways to accomplishing this is by purchasing Canadian energy trusts. These unique investment vehicles offer tax-advantaged, consistently high, monthly income directly related to the price of oil and gas. With many funds off 20% or more from their recent highs, now is likely an excellent time to invest. To find out more about Canadian energy trusts, to see how adding them to your investment portfolio might benefit you, and for a fuller explanation of both the risks and rewards of investing, download my latest research report “Energy & Double Digit Yields: Canadian Energy Trusts Explained” by clicking here. This compressive, exclusive report, is offered free of charge, and is a must read for anyone considering investing in this area.

     

    Courtesy of Peter Schiff

×
×
  • Create New...