Monday, January 30, 2012

Washington Post's Style Invitational

The Washington Post's Style Invitational asked readers to take any word from the dictionary, alter it by adding, subtracting, or changing one letter, and supply a new definition. Here are this year's winners:

Bozone (n.): The substance surrounding stupid people that stops bright ideas from penetrating. The bozone layer, unfortunately, shows little sign of breaking down in the near future.

Foreploy (v): Any misrepresentation about yourself for the purpose of getting laid.

Cashtration (n.): The act of buying a house, which renders the subject financially impotent for an indefinite period.

Giraffiti (n): Vandalism spray-painted very, very high.

Sarchasm (n): The gulf between the author of sarcastic wit and the person who doesn't get it.

Inoculatte (v): To take coffee intravenously when you are running late.

Hipatitis (n): Terminal coolness.

Osteopornosis (n): A degenerate disease. (This one got extra credit.)

Karmageddon (n): it's like, when everybody is sending off all these really bad vibes, right? And then, like, the Earth explodes and it's like, a serious bummer.

Decafalon (n.): The grueling event of getting through the day consuming only things that are good for you.

Glibido (v): All talk and no action.

Dopeler effect (n): The tendency of stupid ideas to seem smarter when they come at you rapidly.

Arachnoleptic fit (n..): The frantic dance performed just after you've accidentally walked through a spider web.

Beelzebug (n.): Satan in the form of a mosquito that gets into your bedroom at three in the morning and cannot be cast out.

Caterpallor (n.): The color you turn after finding half a grub in the fruit you're eating.

And the pick of the literature:

Ignoranus (n): A person who's both stupid and an asshole.

Saturday, January 21, 2012

Atlas Shrugged

Atlas Shrugged Movie Explained Part 2 - Rearden Metal Is Not For Sale

Stossel On Atlas Shrugged Part 1

Stossel On Atlas Shrugged Part 2

Stossel On Atlas Shrugged Part 3

Stossel On Atlas Shrugged Part 4

Stossel On Atlas Shrugged Part 5

Stossel On Atlas Shrugged Part 6

gold/silver ratio

Long term (1979) g/s ratio at Trader Dan's blog.

http://www.traderdannorcini.blogspot.com/2012/01/long-term-view-of-goldsilver-ratio.html
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Australian Tourism

From Casey Daily Dispatch - January 20, 2012

A set of questions and answers that actually appeared on an Australian tourism website. It's nice to see a government agency that doesn't take itself too seriously.
Note that the nationality of the person asking the question is indicated in parentheses.

Q: Does it ever get windy in Australia? I have never seen it rain on TV, how do the plants grow? (UK) 
A: We import all plants fully grown and then just sit around watching them die. 

Q: Will I be able to see kangaroos in the street? (USA) 
A: Depends how much you've been drinking.

Q: I want to walk from Perth to Sydney - can I follow the railroad tracks? (Sweden)
A: Sure, it's only three thousand miles. Take lots of water. 

Q: Are there any ATMs (cash machines) in Australia? Can you send me a list of them in Brisbane, Cairns, Townsville and Hervey Bay? (UK) 
A: What did your last slave die of?

Q: Can you give me some information about hippo racing in Australia? (USA) 
A: A-fri-ca is the big, triangle-shaped continent south of Europe.
Aus-tra-lia is that big island in the middle of the Pacific, which does not...
Oh, forget it. Sure, the hippo racing is every Tuesday night in King's Cross. Come naked.

Q: Which direction is north in Australia? (USA) 
A: Face south, and then turn 180 degrees. Contact us when you get here, and we'll send the rest of the directions.

Q: Can I bring cutlery into Australia? (UK) 
A: Why? Just use your fingers like we do.

Q: Can you send me the Vienna Boys' Choir schedule? (USA)
A: Aus-tri-a is that quaint little country bordering Ger-man-y, which is...  
Oh, forget it. Sure, the Vienna Boys' Choir plays every Tuesday night in King's Cross, straight after the hippo races. Come naked.
 
Q: Can I wear high heels in Australia? (UK) 
A: You are a British politician, right?

Q: Are there supermarkets in Sydney, and is milk available all year round? (Germany) 
A: No, we are a peaceful civilization of vegan hunter/gatherers. Milk is illegal.

Q: Please send a list of all doctors in Australia who can dispense rattlesnake serum. (USA) 
A: Rattlesnakes live in A-meri-ca, which is where YOU come from. All Australian snakes are perfectly harmless, can be safely handled, and make good pets.

Q: I have a question about a famous animal in Australia, but I forget its name. It's a kind of bear and lives in trees. (USA) 
A: It's called a Drop Bear. They are so called because they drop out of gum trees and eat the brains of anyone walking underneath them. You can scare them off by spraying yourself with human urine before you go out walking.

Q: I have developed a new product that is the fountain of youth. Can you tell me where I can sell it in Australia? (USA) 
A: Anywhere significant numbers of Americans gather.
  
Q: Do you celebrate Christmas in Australia? (France) 
A: Only at Christmas.
 
Q: Will I be able to speak English most places I go? (USA) 
A: Yes, but you'll have to learn it first. 


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Friday, January 20, 2012

Ian Gordon ...

... in conversation with Jay Taylor January 17,2012 (hour 2)
http://www.voiceamerica.com/episode/58974/ians-1012-forecast-is-this-the-year-for-dow-1000-and-4000-gold/54913

2012 - markets will be higher going into March
March 2009 low will be taken out
DOW 2,500 by November 2012 - then short recovery
DOW 1,000 thereafter

Gold: starting from Dec 2011 low 1524
- wave 1 up 2885 in 2012
- down 13% to 2250
- wave 3 up 3995 in 2012
- down 13% to 3440
- final wave up 4500
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Wednesday, January 18, 2012

Forum Trolls


A classic CureZone troll is trying to make us believe that he is a genuine skeptic with no hidden agenda. He is divisive and argumentative with need-to-be-right attitude, "searching for the truth", flaming discussion, and sometimes insulting people or provoking people to insult him. Troll is usually an expert in reusing the same words of its opponents and in turning it against them.

While sometimes, he may sound like a stupid, uninformed, ignorant poster, do not be deceived! Most trolls are highly intelligent people trying to hide behind a mask of stupidity and/or ignorance! They usually have an agenda. Very few trolls come to CureZone out of pure skepticism.


http://curezone.com/forums/troll.asp
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Mon, 8 Mar 1999

The Economist predicts low oil prices for foreseeable future

DROWNING IN OIL

"WHAT", sneered Abdurrahman Salim Atiqi, Kuwait's one-time oil minister,
"is the point of producing more oil and selling it for an unguaranteed
paper currency?"

The price of oil has fallen by half in the past two years, to just over
$10 a barrel. It may fall further-and the effects will not be as good as
you might hope.

Yet here is a thought: $10 might actually be too optimistic. We may be
heading for $5.


http://www.casi.org.uk/discuss/1999/msg00181.html
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Sunday, January 15, 2012

Natural Gas $2.55

Random snips from various sources - Jan 14, 15

Alberta gas for February delivery fell 0.25 cent to C$2.465 a gigajoule ($2.28 per million British thermal units) at 12:01 p.m. New York time on NGX, a Canadian Internet market.

~~~~~//~~~~~

The EIA expects LNG imports in 2012 to drop about 26% to 0.69 billion cubic feet per day, unchanged from its December outlook, as higher prices in Europe and Asia steer cargoes away from US shores. The agency expects Henry Hub natural gas prices in 2012 to average USD 3.53 per million British thermal units, down nearly 12% from 2011's estimated average of USD 4.00.

~~~~~//~~~~~

In 2011, 17 billion cubic meters of gas was to be supplied to China, which is more than the declared amounts of Russia (10.5 billion cubic meters) and of Iran.

At the end of the November 2001 official visit the Turkmen president paid to China an agreement was signed to increase the annual mount of gas from the earlier contracted 40 billion cubic meters to 65 billion cubic meters.

~~~~~//~~~~~

LA PAZ – President Evo Morales expressed concern Saturday over the possibility that Argentina and Brazil, the only export markets for Bolivian natural gas, will stop importing the fuel.

“I’m worried what would happen to Bolivia if it didn’t have a market for its gas ... We now depend on Argentina and Brazil because we sell our gas there,” the leftist president said in a speech in the southern Bolivian province of Chuquisaca.

“If they no longer want our gas, who do we sell our gas to?”

Monday, January 09, 2012

projecting the next breakout for gold



http://www.caseyresearch.com/cdd/gold-will-make-new-high-date

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opposition to Keystone XL

> opposition to the pipeline through Nebraska is led by a group called BOLD Nebraska
> BOLD is funded by Dick Holland
> Dick Holland is a close friend and business partner of Warren Buffett
> Warren Buffett owns Burlington Northern (BNSF)
> if Holland and BOLD are successful in blocking Keystone XL, Berkshire Hathaway will be the beneficiary
> the oil will still be moved from the oil sands to the USA, but it will go by rail, not via pipeline

Read the article here.

http://www.readmorejoe.com/id92.html

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Seasonality - TSX



10 years ending Jan 5, 2012

www.equityclock.com
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Sunday, January 08, 2012

Gold - up for eleven years

2000 — $273.60
2001 — $279.00
2002 — $348.20
2003 — $416.10
2004 — $438.40
2005 — $518.90
2006 — $638.00
2007 — $838.00
2008 — $889.00
2009 — $1096.50
2010 — $1421.40
2011 — $1566.80

“I note the frustration and anger of the anti-gold crowd,” Russell continues. “To miss twelve years of rising prices is enough to make any investor furious with himself. I would guess that 99 percent of Americans have never participated in the gold bull market. Thus, sour grapes is the sentiment of the gold-haters...”

Britannia Radio Blogspot

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quoting Bill Bonner

Today, a new Buick will set you back about $26,000. Divide by $1,550. What do you get? About 16. This tells us that an ounce of gold is worth more today than it was then.

How about oil? In 1940 you could get a gallon of gasoline for about 10 cents. Last week, it was $3.50 cents. An ounce of gold would have bought you 350 gallons in 1940 and 414 gallons today.

Conclusion: gold is not too cheap at $1,500. At $1,900 it was too expensive.

Read more: Is Gold Washed Up? http://dailyreckoning.com/is-gold-washed-up/#ixzz1ivAFsYqK

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Creation


Creation Calls by Brian Doerksen

http://www.andiesisle.com/creation/magnificent.html

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Saturday, January 07, 2012

quoting Bill Bonner

If you buy a share in a company because you think the price will go up, you are betting that you can see into the future. A bad bet, in our opinion. The unknown unknowns are likely to work against you. Better to buy a share that you want to own — whether the price goes up or not.

Likewise, the time to buy an oil stock is not when you expect war with Iran. Better to buy an oil stock when no one expects war. Then, the unexpected can only help you.

And how about gold? Buy it when people predict it will go lower, not when they expect it to rise. Of course, you don’t know where it will go. But when people think it is going down, odds are…it is cheap.

Yeah, we have the things that really matter. Too bad about the money.



Read more: Hopes, Fears and Preparations for 2012 http://dailyreckoning.com/hopes-fears-and-preparations-for-2012/#ixzz1imx2yT8P
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Wednesday, January 04, 2012

Seasonality - FTS



FORTIS INC COM NPV (FTS.TO) Seasonality

Analysis has revealed that with a buy date of March 15 and a sell date of December 31, investors have benefited from a total return of 520.3% over the last 10 years. This scenario has shown positive results in 9 of those periods.

Conversely, the best return over the maximum number of positive periods reveals a buy date of March 15 and a sell date of December 1, producing a total return over the same 10-year range of 357.21% with positive results in 10 of those periods.

The buy and hold return for the past 10 years was 348.66%.

equityclock.com

Tuesday, January 03, 2012

Jim Sinclair says ...

Please make note:

Gold will bounce off $2100 and react. Try to keep an even course as Alf is right. Gold has a better chance of seeing $4500 than $1400.

Throw away your razor blade kits provided by famous but mercurial gold commentators who have no mindset whatsoever other than to sell subscriptions or seminars.

Sincerely,
Jim

jsmineset.com