Tag: mongolia

Gold, oil & 44 Bars per Minute

Gold, oil & 44 Bars per Minute

“Girls love to spin.” — Wayne, Dance Instructor, Howard County Parks and Rec. I’m taking dance classes at the local Parks & Rec. with a stunning brunette, which is why I’m shuffling my feet around on Sunday nights at eight. The crowd is mixed; twenty-something hipster couples and old guys who have difficulty with their gig lines. The instructor is a cross between Wayne Newton and Telly Savalas: a black silk shirt, shaved head, and a nose like an organic potato. He sucks his microphone like a lollipop and spits out a steady stream of advice: “One, two, hook the toe, slide back, twirl…” Chick magnet The chicks love him, of course. And heck, I was even having a good time�— right up until Wayne Savalas swished over during the break. My H1 was in the parking lot. It’s shiny, yellow, and chews diesel like a Mongolian wrestler at a yak roast. Wayne obviously saw me pull up and feels he should enlighten me about his new Chevy Volt getting 60 miles per gallon… And why would I drive something that sucks up so much gas and destroys the environment? I told him that I was fully invested in oil explorers. And with the trouble in the Middle East launching my shares, I could drive a Semi for life… Brent Crude ETF (BNO) Yes, he said, but is this more of a trade on the Arab revolutions, or does it have more to do with the destruction of the dollar? Wayne pointed out that the dollar/euro has hit a four-month low and seems to be heading lower. Down she goes What is most concerning is that during this particular period of global uncertainty, the

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FBR Capital Reiterates “Outperform” Rating on Peabody Energy (BTU)

Coal producer Peabody Energy Corporation ( BTU ) on Monday saw its “Outperform” rating reiterated by analysts at FBR Capital Markets. The firm also backed its $77 price target on BTU, which implies a 32% upside to the stock’s Friday closing price of $58.17. An FBR analyst commented, “The [coal] sector has declined off the top and is poised to react less to negative news and, hopefully, more favorably to positive news. BTU has lagged its U.S. and Australian peers by about 10%–15% for the one-, three-, and six-month periods, in part from 4Q10′s and 1Q11′s Australian flood impact and acquisition worries. We believe shares already discount the news and are now a bargain in front of several expected catalysts: (1) Australian production recovery, (2) West Coast port announcement, (3) formal sanctioning of Australia Millennium mine, (4) trading group upside with rising price volatility ($5/share value), (5) Mongolia optionality, (6) China project values becoming better understood, (7) acquisition risk overstated, with an outstanding track record.” Continuing, “While 2011 estimates may initially be reset due to 1Q11′s Australian supply issues, we believe estimates will be walked up over the rest of the year from rising prices, faster supply recovery, trading activity, and use of free cash flow.” Peabody Energy shares fell 25 cents, or -0.4%, in premarket trading Monday. The company is slated to reported its fourth quarter earnings results on Tuesday. The Bottom Line Shares of Peabody Energy ( BTU ) have a .58% dividend yield, based on last night’s closing stock price of $58.17. The stock has technical support in the $54-$56 price area. If the shares can firm up, we see overhead resistance around the $62-$65 price levels. Peabody Energy Corporation ( BTU ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Weekend: A Digital Pearl Harbor

Welcome to the Wealth Daily Weekend Edition— our insights from the week in investing and links to our most-read Wealth Daily and sister publication articles. From Sun Tzu to “Stormin’ Norman” Schwarzkopf, the goal of every military commander has always been pretty simple: to kill people and break things. Beat the other guy, and your name will find its way into the history books… The only thing that changes is the technology. From the longbow to the ballistic missile, the arms race is one that never sleeps. One of the fastest growing fronts in this struggle is in cyberspace. Today’s style of combat is geek versus geek. But don’t believe for a second that it’s not just as dangerous… Because while it doesn’t involve tanks or fighter squadrons, cyberwar’s ability to disrupt an enemy is just as effective, and often equally destructive. It’s war by other means — one that focuses on using computer code to strike an enemy’s Achilles’ heel. Full-scale cyberwar The recent discovery of a computer worm called Stuxnet is a perfect example of the damage a hacker armed with code can create. Using the “most advanced and aggressive malware in history,” cyberwarriors have now set Iran’s nuclear ambitions back by two years, according to most estimates. (Not surprisingly, Israel and the United States are at the top of the suspect list.) The worm itself attacked controllers critical to operations at Natanz, a sprawling enrichment site in Iran’s desert. As operators stared blankly at their screens, the bug’s centrifuges spun wildly out of control, tearing systems apart. “This was nearly as effective as a military strike, but even better since there are no fatalities and no full-blown war. From a military perspective, this was a huge success,” said Ralph Langer, a top German Security expert. “It will take two years for Iran to get back on track.” This is only the latest cyber skirmish… Back in 2007, Estonia fell victim to what Wired Magazine dubbed “Web War One”. Hounded by three weeks of digital assaults, Estonia’s electronic Maginot Line proved as feeble as the original. The country’s firewalls withered as a flood of data sent by the nation’s unknown opponents quickly crashed one system after another, crippling numerous vital public services. Websites of government ministries, banks, and newspapers all fell victim. And while the rest of the world watched the attacks with a combination of curiosity and indifference, military planners…

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Junior Gold Stocks to Shine in 2011

Junior Gold Stocks to Shine in 2011

Last Friday, I urged Wealth Daily subscribers like yourself to buy gold and silver ahead of major buying that needed to take place this week to satisfy contractual COMEX obligations before the end of the trading day today… Gold and silver prices have remained volatile in both directions since October. But indications from the COMEX show suggest we may see a spike in these precious metals prices next week… Contracts for gold and silver December futures that demand physical metal must be met by then. But there appears to be a significant shortfall in the actual physical metal required to meet these demands — especially in silver. If these contractual obligations are not met by the 12/31/10 deadline, then we could see a default scenario, which would drive the metals prices even higher and cause great instability for other markets as well. This is exactly what happened. Advertisement This Play Just Keeps Making Money – 155%… 323%… 900%… ???% A few months ago, I released a special video on a tiny Mongolian oil company. I predicted this little-known company would go absolutely ballistic once drilling results came in. And boy was I right. Early investors had a shot at 900% gains. And the way I see it, we’ll see a repeat very soon. So check out this video on the matter and make sure you’re one of the early birds this time around.  Significant buying of physical gold and silver to meet COMEX futures drove bullion prices much higher this week. Take a look: While the physical bullion market is rising, junior mining shares are starting to get some attention once again. Junior mining stocks are even more speculative— but their risk/reward tradeoff amplifies potential gains even further. And when junior gold stocks are in favor, they can quickly return legendary gains. There’s just one little problem… There are over 1,000 junior mining companies listed on the TSX Venture exchange alone. And it’s very difficult to sort through all the promotions and scams to find solid junior gold stocks. Going through all those companies was a very time-consuming and nerve-racking ordeal… So, if you don’t …

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Sell, Sell, Sell

Filed in BP, earnings, economy, Gold, GOld juniors, mongolia, Netflix, o, sov by on December 20, 2010 0 Comments
Sell, Sell, Sell

Here it is, the end of another fantastic year. The NASDAQ is up 26% over the last 52 weeks, the S&P500 is up 24%, and the DJIA is up 20%. Heck, it’s been a great year at Crisis & Opportunity as well. Readers have seen gains of 759% in a small Mongolian oil company, 52% on a cruise ship in a week, and 251% gains on a safety syringe maker. Lets face it: greed is back. The speculators have returned and the fast money is seeking risk. Froth is back There is no better example of this froth than the hot Chinese IPO’s Youku.com. Called the “Netflix of China,” it returned 161% on the first day. All sorts of companies are running. New Energy Technologies (NENE.OB)— one of Jeff Siegel’s picks — went from 0.31 to $3.29 in a month. And lastly, one of my garbage stocks, Madcatz (ASE: MCZ), a purveyor of video game accessories, shot up 250% in a few weeks. That type of momentum chasing doesn’t happen in bear markets; in fact it’s more indicative of a top. I’ve written before that this market is setting up just as it did in 2004. We are three years after a massive market correction. The Fed and Congress are doing everything they can to shoot money into the economy. We’ve just had a major stock market rally similar to 2003, and the vast spectrum of negatives from housing to jobs seems to be getting better… Here is what 2004 looked like: There’s a chart that will give you indigestion on the way to a 10% gain. Every rally was sold hard, blowing out the longs. Every dip reversed strong destroying the shorts. Double dip was the dominant fear. And every sell-off got run over by easy money from the Fed. Looking at this chart, there is no easy way to tell when a …

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Geron’s (NASDAQ: GERN) Fountain of Youth in a Pill

Filed in BP, GOld juniors, Gold Market, lead, mongolia, o, target, ubs by on December 1, 2010 0 Comments

Every morning when my feet hit the floor, I’m hit with the cold, hard truth from the cleat of reality. After a good night’s sleep, my body squeaks invariably and groans a bit like the Tin Man without his oil can. Hunched over and achy, it takes me a while to get me going… Working out the kinks reminds me why old folks tend to be a bit on the grumpy side. After all, they don’t call them your “glory days” for nothing. When they are gone, they are gone for good. To make matters worse, I know that at just 47, I’m something of a youngster on the oldster scale. That means the daily contorted limp to the bathroom is one that I might as well get used to. “It’s all downhill from here, kid,” my Pops is quick to remind me. The bright side, he says, is that I’ll be getting my AARP card any day now. This amuses him to no end… Misery, I guess, loves company. It happens to each and everyone one us. The gray hairs start to show up in the strangest of places… In fact the one that grows on my ear turns out to be one of the funniest things my kids have ever seen. Growing at what seems to be an inch a day, it keeps them in stitches nearly every time they look at it. As for me? Not so much… Of mice and men: The search goes on So when I come across the words fountain of youth , I’m ready to take a long, hard drink. Not unlike the Spaniards 500 years before me, I’m willing to search every river, brook, lagoon, or pool in an attempt to reverse the irreversible. Admittedly, it is something of a fool’s errand… Sort of like trying to find the cool, laidback girl back in the day, the fountain is a cruel myth. But that hasn’t stopped scientists from digging for a biological cure that works as well as the fountain. Because let’s face it; if discovered, it would be one of the biggest blockbusters drugs of all time — second only to a cure for cancer. In fact earlier this week, scientists from the Dana Farber Cancer Institute in Boston actually managed to do it. They reversed the aging process, albeit only in mice… “These mice were equivalent to 80-year-old humans and were about to pass away,” said Ronald DePinho, co-author of the paper published online in the journal Nature . After the experiment, “they were the physiological equivalent of young adults.” Key to the results was an enzyme known as telomerase , which exists as part of our cellular biology. Telomerase …

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A Guru’s Guide to Beating the Markets

Filed in BP, Gold, GOld juniors, Gold Prices, lead, mongolia, o, shares, target, ubs by on November 27, 2010 0 Comments

Welcome to the Wealth Daily Weekend Edition— our insights from the week in investing and links to our most-read Wealth Daily and sister publication articles. Lethargy may be a fine approach to Thanksgiving, but it’s no way to run a portfolio… To make money these days, you need to be nimble, savvy, and have a certain level of market smarts. And the cold, hard truth is that if the big boys catch you napping, you will probably manage to lose a pretty big chunk of money. As they say, the market never sleeps… and neither should you. Advertisement Learn to Make a 4,400% Gain in Just Five Years… “You have made me more money over the last 5 years than all the rest put together. I follow your every word including stop loss % and sell recommendations. I am 55 years old semi-retired. I started with $10,000 five years ago and because of you that number is over $450,000 after profit taxes give or take $10,000 depending on the week. So please continue to take care of us the same way you always have.” – Paul T. Isn’t it time you learned how to make similar gains? Click here for more… and our latest “free” trade. That’s why The Gartman Letter is always one of the first things I read in the morning. Written by founder and author Dennis Gartman, it is …

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Ivanhoe (IVN): Copper Mining in Mongolia

Filed in Bank Gold, commodities, copper, Gold, ivanhoe-mines, mongolia, Oyu Tolgoi by on November 3, 2010 0 Comments
Ivanhoe (IVN): Copper Mining in Mongolia

Filed under: International Markets , Newsletters , Commodities , Stocks to Buy “For much of their history, Mongolians described themselves as ‘beggars sitting on a huge pile of gold;” suggests international investing expert Nicholas Vardy . The editor of The Global Bull Market Alert explains, “Even Genghis Khan knew about Mongolia’s massive mineral deposits. He just had no idea how to tap into them. But that’s all changing largely thanks to the efforts of Ivanhoe Mines ( IVN ). “Ivanhoe is a Canadian company that is building what may turn out to be the world’s largest copper and gold mine: Oyu Tolgoi. Continue reading Ivanhoe (IVN): Copper Mining in Mongolia Ivanhoe (IVN): Copper Mining in Mongolia originally appeared on BloggingStocks on Wed, 03 Nov 2010 12:30:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Your Wallet and the 2010 Election Tsunami

Filed in depression, economy, GOld juniors, mongolia by on November 3, 2010 0 Comments

It wasn’t exactly pitch forks and torches yesterday, but after an election cycle of heated debates, the electoral tsunami finally arrived. Using the power of the ballot box, Americans decided to rearrange the map again — proving the anti-establishment wave is as deep and powerful as it has ever been. And while neither camp can actually claim the high ground this morning, the good news for investors is the divided government that will follow in its wake. After all, equity markets have historically favored gridlock by a pretty wide margin… In fact since 1970, the S&P 500 has grown at a median rate of 13.5% per year in the face of divided government, versus a gain of just 9% during times of one-party control. Now how about those tax cuts? In the meantime, though, the lame duck session is chock-full of question marks, namely in regards to the tax cuts. As I wrote back in July, the tax hammer is about to fall. Without action, Uncle Sam will be at it again, doing his best to separate you from your money when the ball drops in Times Square—regardless of what happened in yesterday’s election… And like a great hurricane off somewhere in the Atlantic, the storm will finally arrive. When it does, you’ll have less money in your pocket to stare down the worst economy since the Great Depression. If Congress fails to act, the income tax rate clock will be turned back to the higher levels of June 2001. Thus, U.S. employers across the country are already beginning to prepare their employees for much smaller paychecks as the tax question still goes unanswered… According to calculations by H&R Block, married couples with an income of $80,000 can look forward to $442.96 less in their paychecks each month …

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New Housing Data Provides a Mixed Bag

Filed in economy, Gold, GOld juniors, mongolia by on October 27, 2010 0 Comments
New Housing Data Provides a Mixed Bag

As part of the wash, rinse and repeat of the data cycle, the end of the month is always about the latest housing numbers. So far, it has been a mixed bag. On Monday the news was marginally good. According to the National Association of Realtors (NAR) existing home sales jumped by 10% in September. However, I say “marginally good” because September 30th marked the final end of the extended home-buyer tax credit deadline which undoubtedly juiced the final figures. What’s more, the median sale price for used homes was $171,700, down 2.4 percent from the same month a year ago. Those trends in falling prices were reflected again on Tuesday when the latest Case-Shiller Index hit the street. According to the data, Home prices fell 0.2% in August in an otherwise disappointing report. Home prices declined broadly in 17 of the 20 cities as both composites saw a weakening in year-over-year figures, indicating that the housing market continues to bounce along the recent lows— despite an all time low in interest rates. The last item in the data series was released this morning and all thingsconsidered new home sales were on the positive side of the ledger. From the AP by Alan Zibel entitled: New home sales rise 6.6 pct. after dismal summer “Sales of new homes improved last month after the worst summer in nearly five decades, but not enough to lift the struggling economy. The Commerce Department says new home sales in September grew 6.6 percent from a month earlier to a seasonally adjusted annual sales pace of 307,000. Even with the increase, the past five months have been the worst for new home sales on records dating back to 1963. The sales figures were driven by a 61 percent monthly surge in the Midwest. Sales grew about 3 percent in the South and Northeast. They fell by nearly 10 percent in the West. New home sales have risen 9 percent from the bottom in May but are still down 78 percent from their peak sales pace of nearly 1.4 million homes in July 2005. A healthy sales pace is around 800,000 new homes. High unemployment, tight credit and uncertainty about home prices have kept people from buying homes. Government tax credits propelled the market earlier in the year, but those expired in April. The median sales price was $223,800. That was up 3.3 percent from a year earlier. Builders are competing with millions of foreclosures and other distressed properties that show no signs of abating. They are unlikely to ramp up construction until those are cleared away and demand picks up .” So mixed bag or not, here’s the bottom line…. Despite the upturn, existing home sales are at levels 19 percent lower than a year ago. Home prices have begun to fall again in the face of lower rates. And new homes sales over the last five months are at an all time worst. On top of that, the impact of foreclosure gate is nowhere to be found yet…. Add it all up and it’s hardly time to be bullish on housing. Related Articles : Weekend: Profit from the Foreclosure Fraud Banana Republic Chronicles: Mozilo Gets a Slap on the Wrist Hitler on ForeclosureGate To learn more about Wealth Daily click here Advertisement This Play Just Keeps Making Money – 155%… 323%… 618%… ???% Recently, I released a special expose on a tiny Mongolian oil company. I predicted this little-known company was going to …

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Sri Lanka Boom Times

Filed in Gold, GOld juniors, lead, mongolia, shares, ubs by on October 14, 2010 0 Comments
Sri Lanka Boom Times

Two years ago, the Tamil Tigers of Sri Lanka were described by the FBI as “the most dangerous and deadly terrorist organization in the world.” Over the past thirty years, they have killed upwards of 100,000 people — the vast majority of them civilian. The list of heinous acts is long and multifaceted. Children were kidnapped and used as soldiers. The Tigers sent more suicide bombers than another other terrorist group, far surpassing the PLO. They even pioneered the use of suicide airplane attacks and bomb belts. But on May 17, 2009, after being routed by the forces of Sri Lankan President Mahinda Rajapaksa, the Tamil Tigers (or LTTE) finally admitted defeat. The Tiger leaders were dead. The war was over, and there were celebrations in the capital city of Colombo. The hub of South Asia As I write this, Sri Lanka is undergoing a massive post-war rebuilding boom. They have deals in place with the International Monetary Fund (IMF) which limits government spending and works toward a balanced budget. This is a deal similar to the one made with South Korea and Indonesia after their financial crisis of 1998… South Korea iShares Index (EWY) went from 12 to 70 over the past decade; the Indonesia iShares Index (PCX) went from 22 to 90 over the past two years. The IMF deal forces the politicians into fiscally conservative governance, as well as gives them someone to blame for the austerity. And in most cases, the IMF has a fine track record. (Argentina is a notable exception.) Major trade route Sri Lanka has been on a major trade route between East Asia and the Middle East for thousands of years. It is most known for its tea, rubber, garments, and tourism. There is a new, deep-water port terminal being built in Colombo with a $500 million investment from China Merchant Holdings. The New York Times ranked Sri Lanka as the Number 1 place out of 31 to visit in 2010. There will be several new business opportunities going forward in real estate, business process outsourcing, banking, timber, pepper, fisheries, education, health care, and infrastructure. In other words, buy the hotels, cement makers, and the banks. For example, Seylan Bank Plc. (Colombo: SEYB) reported that profits have risen 295% in the latest quarter. The share price has tripled this year. The exchange as a whole is up 110% this year. Last year, the Colombo Stock Index rose 120% — just edging out Mongolia. GDP growth For most of the 2000s, GDP Growth in Sri Lanka was running at 6%. In 2009, in the aftermath of the global bust, it contracted to 3.5%. But so far this year— as the rebuilding gets underway and investors flood into the market — GDP growth is running at 8% for the first two quarters of 2010. The IMF is projecting a seven percent growth rate in 2010, but will soon revise higher. Brian Aitken, IMF Mission Chief for Sri Lanka said, “Our latest projection came before the second quarter data and we would reevaluate our projections this November or December when the mission next visits Sri Lanka. The second quarter…

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Weekend: A September to Remember

Weekend: A September to Remember

Welcome to the Wealth Daily Weekend Edition— our insights from the week in investing and links to our most-read Wealth Daily and sister publication articles. Thank goodness that’s over with… I was beginning to think that I’d never be able to wear my smiley face button again. According to the National Bureau of Economic Research, the longest recession since World War II officially ended in June 2009 or a full 16 months ago. That’s the good news. The bad news is that nobody really believes it. And why would they? Advertisement The Next GE Thanks to a push to revolutionize our power grid… A small group of hi-tech startups is about to take a major chunk out of a $297 billion/year market. In the coming years, these outfits will become the next GE, the next Google, and the next Microsoft. Get their names and ticker symbols now , before they take off. As this chart from Gluskin and Sheff’s David Rosenburg shows, it really is different this time… What is supposed to be up at this point is still down across the board. That’s because on a percentage basis, corporate earnings, shipments, housing starts, retail sales, home sales, industrial production, commercial construction, real GDP, orders, and non-farm payrolls are all usually up big by now. Instead, what is happening this go-round is actually…

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