Snow-cialism

By Vedran Vuk, Casey Research
There is a silver lining to every snowstorm – getting to know your neighbors both good and bad. With forty inches on my block this week, I’ve learned a lot about my neighbors and, strangely enough, socialism. 

My corner of Baltimore seems like a good place to ride out a storm. After all, innumerable cars are plastered with Obama bumper stickers, and windows display signs like “Universal Healthcare Now.” In essence, it’s a very liberal neighborhood in an extremely liberal state. What better neighborhood to be in times of need, right?

The architecture ranges from early 19th to early 20th century row homes, which as a result demands parallel parking. This isn’t a great inconvenience most of the time, but with the snow, it’s an absolute nightmare. First the clouds drop forty inches. Then the city snow plow piles another mountain from the street onto your car. 

Successfully liberating the vehicle from its icy prison can take hours. After leaving the spot, anyone can take the laboriously freed space. Restoring regular parking conditions quickly requires everyone chipping in for the common good.

Snow-cialism

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Snow-cialism

Fear, Gold and the Dollar

By Frank Holmes
U.S. Global Investors
CEO and chief investment officer

The U.S. dollar was up last week against the euro out of fear of how debt problems in Greece and elsewhere in Europe will be resolved, and as a result gold had a tough week.
The dollar’s rally appears to be a short-term safe haven move, rather than a response to improving economic conditions in the U.S.

In fact, Friday’s report of a net loss of 20,000 jobs in December (the expectation was for a net gain in employment) and that many thousands more would-be workers have given up looking for jobs is evidence that the economy remains somewhat weak.

Frank Holmes - Fear Gold and the Dollar Feb 2010

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Fear, Gold and the Dollar

Global Warming: The ‘Anthropocentric’ Crisis (Part 4)
By: Arnold Bock
www.MunKnee.com

The global climate warming fuss is not principally an environmental issue but, rather, it is a manufactured crisis supported by copious amounts of manipulated science, reinforced by opinion leaders and promulgated by the cheerleading of the mass media.  Global warming has become the mother of all politically correct issues.
Various components of the warming cause, which are only tangentially related to the environment, have been outlined at some length in Part 1 (Global Warming: The Man-Made Crisis), Part 2 (U.S. and Canada Are Global Warming Scapegoats) and Part 3 (Why Should WE Make Sacrifices to Offset Global Warming?) of this series.  However, it is important to comment on what has been regularly presented as scientific justification for sounding alarm bells over climate change, if for no other reason than to set the record straight.

The Anthropocentric Crisis

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Global Warming: The ‘Anthropocentric’ Crisis (Part 4)

Why Should WE Make Sacrifices to Offset Global Warming? (Part 3)
By: Arnold Bock
www.MunKnee.com

The world’s 6.7 billion people have been swamped in recent years by a virtual tsunami of non-stop publicity conveying the universal theme of imminent environmental disaster. We have been told almost daily that calamity can be averted only if we immediately demonstrate our good sense by doing whatever is necessary to halt the rise of man-made greenhouse gases.  Cited as the primary villain is a naturally occurring substance known to all as carbon dioxide which is also created by burning fossil fuels such as oil, natural gas and coal.

Many of us have cheerfully assumed and accepted enormous amounts of guilt because of our role in contributing to the apparent surplus of CO2. Because of our altruistic values, sense of responsibility and good intentions as stewards of the environment, we willingly do whatever is necessary to preserve planet earth.  In spite of driving gasoline powered vehicles and consuming electricity generated by coal and natural gas to perform the myriad tasks of our daily lives, we have enlisted as loyal foot soldiers committed to a transcendent and enduring belief in Mother Earth.
The sacrifices we make by altering our comfortable lifestyle and accepting reductions to our living standard are therefore justified. We feel as virtuous as Mother Teresa was tending to the dispossessed in the streets of Calcutta. Saving Mother Earth is a cause, indeed a belief, which transcends in time, scale and duration anything else that is part of the routine of daily lives.  This mission comprises beliefs and dogmas such that it parallels religion in many respects.

Why Should WE Make Sacrifices to Offset Global Warming

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Why Should WE Make Sacrifices to Offset Global Warming? (Part 3)

U.S. and Canada are Global Warming Scapegoats (Part 2)
By: Arnold Bock
www.MunKnee.com

Given universal awareness and belief that greenhouse gases are placing our world on the brink of imminent disaster, we should obligate ourselves to examine the origins of the climate change issue. For many people awareness and concern has emerged as if by stealth.  Our children arrive home from school all wide-eyed and anxious about the imminent extinction of polar bears, melting polar ice caps and glaciers.  Frequently, too, we see programs on television which portray what seems to be a world hell-bent on its own destruction and predicting an imminent environmental Armageddon.

Former politician Al Gore produced a much viewed movie predicting certain demise of most living things unless greenhouse gases were dramatically limited starting immediately.  He was given an Academy Award for his “Inconvenient Truth.”  It is clearly apparent that the vehicles of mass communication, especially the popular media, entertainment industry, the public school systems as well as society’s opinion leaders, have been working overtime to inform and alarm us to the calamities ahead if we fail to throttle back the creation of carbon dioxide and other greenhouse gases.

U S and Canada are Global Warming Scapegoats

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U.S. and Canada are Global Warming Scapegoats (Part 2)

Global Warming: A Man-made Crisis (Part 1)
By: Arnold Bock
www.MunKnee.com

Climate warming has become so universally accepted that it is worth one’s reputation to raise even a tepid question regarding warming wisdom or its factual accuracy.  Ordinary civic minded citizens who dare to exhibit the temerity to raise serious questions about the merits of man-made CO2 are routinely dismissed as uninformed troglodytes.  Scientists who question prevailing climate wisdom are shunned by professional colleagues and shut out from lucrative government research grants.  Often their careers are sidelined and professional reputations damaged, sometimes beyond repair, simply because they insist that the methodologies of science be respected.

Indeed, Al Gore, Nobel Laureate and ‘eminence grise’ of the global warming and climate change movement, continually repeats...the world as we know it will surely come to an end...caused by the rapid temperature increases and massive flooding...triggered by rising ocean levels and...only dramatic measures designed to stop the production of man-made anthropogenic CO2 caused by burning fossil fuels...will alter the trajectory of this looming disaster... otherwise a global calamity of immense proportions is inevitable.

Unfortunately, those environmentalists motivated to support initiatives which contribute to the greater good of society but reluctant to subscribe unthinkingly to the political agenda of the warming movement, are routinely scoffed at and humiliated.  Publicity demonizing carbon dioxide, especially the man made version, routinely convicts anyone who drives a gasoline-powered car, cooks his hamburgers on the barbeque, warms their living room with the cosy flames of the fireplace or cools their home with air conditioning using electricity generated by coal or natural gas. We are pronounced guilty of contributing to a looming genocide.  The guilt we are made to feel, stemming from our apparent insensitivity and warped morality, is almost palpable.

Global Warming: A Man-made Crisis (Part 1)

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Global Warming: A Man-made Crisis (Part 1)

The Other Oil Play You Simply Can't Ignore

By Marin Katusa, Senior Energy Strategist, Casey’s Energy Report

The biggest economic shift of our time is under way.

Cheap and easy oil is gone for good. And given our addiction to low-cost oil, the results are about to put the squeeze on your pocket book.

Increasing prices will have a huge effect on every aspect of your life, from the price of your food, to how much you'll pay at the gas pump, to the cost of heating and cooling your home.

Nearly everything in our lives revolves around oil.

While demand for oil continues to grow, we are now coming to the realization that like all other resources, oil is finite and output is now in terminal decline.

This has the oil industry stuck on a treadmill, running faster just to stand still.

The Other Oil Play You Simply Can't Ignore

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The Other Oil Play You Simply Can’t Ignore

How to Trade Gold and other Commodity ETF’s

Jan 18th, 2010

Whether you are trading stocks, ETFs or futures, technical analysis is the preferred choice for short term traders. Technical analysis in short is the study of price and volume movements on charts. It can be used for studying charts in any time frame whether you are a 1 minute chartist or a long term investor using monthly charts.

Using technical analysis in my opinion really opens the door for a trader to lower his/her overall risk when investing money. I always like to know if the investments I am watching are trading near a critical price level (support or resistance). During these times you can take positions that have very clear entry and exit points for trading. Also it puts the odds in your favor when a position is entered in the same direction of the underlying trend.

Price action is how we make money in the market, so I strictly follow price and volume when trading as they are the least lagging indicator on what the market it doing.

I have put together a few charts using commodity ETFs to show you what I am seeing in the market and what we should expect to see in the coming days.

How to Trade Gold and other Commodity ETF’s

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How to Trade Gold and other Commodity ETF’s

Market Meltdowns, Inflation, Protecting Capital & Trading Commodities

The purpose in owning commodities like gold, silver and oil is to protect oneself from the effect of inflation that I believe will begin to assert itself in the coming months.

Unfortunately, the United States has taken a monetary policy of printing massive amounts of money to attempt an escape of deflation. In just the past 16 months, the monetary base has ballooned from $908 billion to $2.0 trillion. Bailout funds in the past 2 years total $8.1 trillion….. That is 78 times more than what they spent to bail out WorldCom…… and 123 times more than they spent on Enron. U.S. debt has risen sharply, from $6.2 trillion in 2002 to $12.1 trillion today. These are scary numbers!

The illusion of economic recovery in the U.S. is simply the function of the FED making billions and trillions of newly printed money available at literally ZERO percent interest to the largest financial institutions. The idea that you really can get something for nothing is fantasy. But that’s what’s happening – Money created out of thin air, instead of created by PRODUCTION.

A painful reality check will appear when these quantitative easing policies create inflation without employment or productivity gains. Commodities – hard assets – will outperform everything in this type of environment. To some people commodity investments may sound like a no-brainer investment, however without a sound money and risk management system in place there really is no such investment.

Market Meltdowns, Inflation, Protecting Capital & Trading Commodities

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Market Meltdowns, Inflation, Protecting Capital & Trading Commodities

 The Gold Report - As we learned in Part I of Trey Wasser's interview, his Mexican Gold & Silver Explorers Model tracks junior explorers and producers as they define and develop precious metal assets and bring them into profitable production. Trey's model-based index has enjoyed a 250% increase since inception in January 2007—including no loss in the 2008 crash—so he clearly has a keen eye for what it takes to make a winner. Read on as Trey willingly shares insights on lots of his favorites in Part II of this exclusive interview.

Trey Wasser: Identifying Stars in the Mexican Precious Metals Universe (Part II)

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Trey Wasser: Identifying Stars in the Mexican Precious Metals Universe (Part II)-