June 2007
Dudley Baker: It’s The Most Wonderful Time of the Year (It’s not Christmas yet but gifts are everywhere)
June 29, 2007 by admin · Leave a Comment
Dudley Pierce Baker Precious Metals Warrants As a long term investor, I love this time of year. Volumes dry up, investors’ interest weakens, and opportunities are to be had. Once in awhile you’ll get margin calls kicking in and panic selling kicks in. It’s amazing how quickly bids disappear when this begins and how frightful [...]
Peter Schiff: Subprime Shoes Continue to Drop
June 28, 2007 by admin · Leave a Comment
The meltdown in the subprime mortgage market is inexorably spreading throughout the U.S. economy. The first shoe dropped in February, when scores of mortgage originators went bust amid rising defaults and tightening lending standards. Last week, the second shoe dropped as two CDO-focused Bear Stearns hedge funds blew up. Overshadowed by the Bear Stearns drama [...]
Greg Silberman: The Price of Gold and CDO Structured Products
June 28, 2007 by admin · Leave a Comment
Article originally submitted to subscribers on 24th June 2007… A repricing of the risk inherent in Collateralized Debt Obligations (CDO) is underway with significant implications for the price of Gold. Here’s the Problem! Years and years of monetary inflation have completely desensitized us to risk. From a national, corporate or even individual level, the availability [...]
Casey Research, LLC: Why the Big Money in Gold Shares Still Lies Ahead
June 27, 2007 by admin · Leave a Comment
By David Galland Managing Director, Casey Research, LLC. Managing Editor, Doug Casey’s International Speculator You’d be correct in suspecting that the easy money in gold shares has already been made. It has. But it would be financial folly of the highest order to assume that it’s too late to make the big money. The big [...]
Jack Chan: This week in gold
June 26, 2007 by admin · Leave a Comment
$HUI – is on buy signal. $XAU – also on buy signal. GDX – on buy signal, waiting for a set up. XGD.TO – on buy signal, waiting for set up. This ETF is now in a bearish configuration, therefore, any buy signal is presumed to be a counter trend trade; buyers beware. Summary The [...]
Mike Swanson: Markets Hanging by a Thread
June 26, 2007 by admin · Leave a Comment
Yesterday the DOW, S&P 500, and Nasdaq all headed back down to their June lows. Watch the 1492 level on the S&P 500. If it breaks over the next week then the market averages will be in a confirmed correction. Below 1492 support on the S&P 500 is around 1450, the point of a support [...]
James Winston: Junior Explorers Heat Up Speculation with New High Tech Tools
June 25, 2007 by admin · Leave a Comment
Mining companies create and pioneer new technology to reduce costs. But how about using it to increase the odds of discovery? James Winston explains how Knight Resources (KNP-TSXv) is using 3D modeling technology to better define pods of nickel on their West Raglan property in northern Quebec. Knight is now drilling, and both Winston and [...]
Bear Stearns & MBS hedge funds: What are the real risks today?
June 25, 2007 by admin · Leave a Comment
Bear Stearns & MBS hedge funds: What are the real risks today? by Paul Tustain BullionVault Friday, 22 June 2007 “…What people don’t fully appreciate is the extent to which our financial system has geared up over the last twenty years to finance the worldwide residential housing boom…” MOST SIGNIFICANT MARKET EVENTS cause an immediate [...]
President Clinton and Business Leaders Launch Sustainable Development Initiative in the Developing World
June 21, 2007 by admin · Leave a Comment
We have watched the career of Canadian mining magnate Frank Giustra for years, as he has become one of the most influential financiers in North America. On June 21, 2007, Mr. Giustra made an enormous personal commitment to sustainable development and improving the lives of millions of people in developing countries by donating $100 million [...]
The Acamar Journal: Bond Yields
June 19, 2007 by admin · Leave a Comment
In Sept 1981, 10 Year Treasury bond yields reached a high of 15.32% as Paul Volker, then Federal Reserve Chairman, fought to tame record levels of inflation. From their peak, bond yields have fallen relentlessly, reaching a low of 3.33% in June 2003. In June, bond yields have moved up aggressively, with the 10 year [...]
