Mixed Opening - Gold - Silver - Self Inflicted Poverty - Fortuna(FVITF) - REMX - Currencies - Miners
"This is the day the Lord has made, we shall rejoice and be glad in it." Be extremely thankful for each day the Lord is pleased to give us. Be at peace and know that He loves and cares for His people. Praise Him daily.
There are reports ( may be rumors ) about food shortages due to extreme freezing temperatures into Mexico. I try to reasonably heed these notices, and therefore, will be doing some judicious stocking up. The reference is HERE.
Town Hall:
Walter E. Williams
Self-Inflicted Poverty
Why is it that Egyptians do well in the U.S. but not Egypt? We could make that same observation and pose that same question about Nigerians, Cambodians, Jamaicans and others of the underdeveloped world who migrate to the U.S. Until recently, we could make the same observation about Indians in India, and the Chinese citizens of the People's Republic of China, but not Chinese citizens of Hong Kong and Taiwan.
Let's look at Egypt. According to various reports, about 40 percent of Egypt's 80 million people live on or below the $2 per-day poverty line set by the World Bank. Unemployment is estimated to be twice the official rate pegged at 10 percent. This is an interesting essay. HERE.
Mine Web Podcast:
$200 gold price rise this year would be normal – Frank Holmes
US Global Investors CEO, Frank Holmes looks back at the Mining Indbaba, unpacks the fear and love trades that are driving valuations. HERE.
KitCo:A.M.
Kitco Metals Roundup: Comex Gold Near Steady in Quieter Trading; Technicals Turn More Bullish
16 February 2011, 08:11 a.m.
By Jim Wyckoff HERE.
Mine Web:
Obama Administration calls for 5% royalty on gross proceeds of mines
The Obama Administration has called for a hardrock mining royalty and a new hardrock AML fee, along with other fees and tax increases for coal mining. Like all politicians, they never see a tax they do not love. Obama carries this forward in spades. HERE.
Here is my Ever Ready Bunny: Fortuna. I like the way it is performing with a rebound after being down a bit.
Best to each, Doug
Town Hall:
Walter E. Williams
Self-Inflicted Poverty
Why is it that Egyptians do well in the U.S. but not Egypt? We could make that same observation and pose that same question about Nigerians, Cambodians, Jamaicans and others of the underdeveloped world who migrate to the U.S. Until recently, we could make the same observation about Indians in India, and the Chinese citizens of the People's Republic of China, but not Chinese citizens of Hong Kong and Taiwan.
Let's look at Egypt. According to various reports, about 40 percent of Egypt's 80 million people live on or below the $2 per-day poverty line set by the World Bank. Unemployment is estimated to be twice the official rate pegged at 10 percent. This is an interesting essay. HERE.
Mine Web Podcast:
$200 gold price rise this year would be normal – Frank Holmes
US Global Investors CEO, Frank Holmes looks back at the Mining Indbaba, unpacks the fear and love trades that are driving valuations. HERE.
KitCo:A.M.
Kitco Metals Roundup: Comex Gold Near Steady in Quieter Trading; Technicals Turn More Bullish
16 February 2011, 08:11 a.m.
By Jim Wyckoff HERE.
Mine Web:
Obama Administration calls for 5% royalty on gross proceeds of mines
The Obama Administration has called for a hardrock mining royalty and a new hardrock AML fee, along with other fees and tax increases for coal mining. Like all politicians, they never see a tax they do not love. Obama carries this forward in spades. HERE.
Here is my Ever Ready Bunny: Fortuna. I like the way it is performing with a rebound after being down a bit.
Here is Richard Russell's play on the rare earths:
Miners from Scottrade:
Currencies from KitCo:
Some Prices: FVITF 4.46; BULM 1.01; OLVRF 1.2955; HHWW 0.93; REMX 25.14; DOW up 36+ to 12263+; SPX up 4.51 to 1332.52; Gold 4.70 to 1368.60. The metals have slipped some since earlier.
posted by Doug @ 9:26 AM
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