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Archive for April, 2008

North American Palladium - “Boring” Results, Largest Mine

Posted by Roger in April 30th 2008  

Since North American Palladium is one of the stocks I have followed and own I thought I would pass on this article at the seeking alpha blog.
North American Palladium’s share price has been battered in the last year, in part I feel due to lack of promotion. Even with these drill results, the market responded [...]

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under: Stock Market
Tags: largets pgm mine, north american palladium
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Tax Rebate Checks

Posted by Roger in April 29th 2008  

This explanation of the Tax Rebate Checks is apparently from Dave Barry, but it sounds like me talking to my family at the dinner table last night. I wish I could get paid for telling jokes.
Q. What is an Economic Stimulus Payment?
A. It is money that the federal government will
send to taxpayers.
Q. Where will the [...]

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under: Credit Crisis, Federal Reserve, Inflation / Deflation, Recession / Depression
Tags: economic stimulus package, tax rebate checks
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Nobel Winner Joseph Stiglitz Agrees With Warren Buffett On Recession

Posted by Roger in April 29th 2008  

2001 Nobel Prize winner Joseph Stiglitz was on CNBC last week and he appears to agree with billionaire Warren Buffett that this economic downturn, certainly a recession, will be the worst since the Great Depression.
Primary causes are cited as zero savings rate among Americans that is certain to go up, sky high energy costs and [...]

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under: Casey Energy Speculator, Casey International Speculator, Federal Reserve, Inflation / Deflation, Recession / Depression
Tags: joseph stiglitz, Recession, Recession / Depression, warren buffett
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Warren Buffett Expects Worse Recession

Posted by Roger in April 28th 2008  

Warren Buffett said today that he expects the U.S. economy is in a recession that will be longer and more severe than most people think.
Buffet is backing the buyout of Wrigley chewing gum, not exactly a luxury goods maker.
Unlike the liars in the federal government, Buffet says that people are feeling the gas and food [...]

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under: Recession / Depression
Tags: high gas and food prices, warren buffett recession
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Some Inside Scoop On Kurdistan Iraq

Posted by Roger in April 27th 2008  

The media reports Turks bombing the Kurds. Mosel is on the southern border of the Kurdish territory and you probably know what kind of a hotbed it is.
But do you know how much oil lies under this northern Iraqi territory, known as Kurdistan? How safe do the people there feel. Is it true that some [...]

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under: Casey Without Borders, Expatriate, International Living
Tags: Fitzroy McLean, kurdistan, kurdistan investment, Simon Black
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High Energy Costs - How To Protect Yourself

Posted by Roger in April 26th 2008  

Cheap Energy built this nation, High Energy Costs are going to pull it down.
High gas and other energy prices are on everyone’s mind. I’m putting $3.50 gas into the same vehicles that burned $0.95 - $1.25 gas for the first five years of their lives.
10 years ago fuel for my home (propane) was $0.58 per [...]

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under: Casey Energy Speculator, Dollar Weakness, Peak Oil
Tags: high energy costs, how to protect from high energy costs, Peak Oil
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Save Money On Gas For Your Car - Go CNG

Posted by Roger in April 26th 2008  

If you don’t want to pay $3 - $7 per gallon for gas for your car, maybe CNG (compressed natural gas) is the way to go for you. Especially if you live in Utah.
Equivalent cost per gallon for CNG is 63.8 cents per gallon -in Utah - $2.58 in other places, this according to a [...]

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under: Casey Energy Speculator, Inflation / Deflation, Peak Oil
Tags: Casey Energy Speculator, cng, cng vehicles, compressed natural gas, high gas prices
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Without Borders April 2008 - Gorgeous Photo

Posted by Roger in April 24th 2008  

With all of the action in the commodities arena I haven’t been posting as much about the namesake of this blog. The current edition of Without Borders had this photo of a local that our editors Fitzroy and Simon wanted to share with us.
Care to guess where it is? Land here may be the next [...]

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under: Casey Without Borders, Expatriate, International Living, Retire Overseas
Tags: Fitzroy McLean, Simon Black, Without Borders
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Gold Shares Post Large Profits; Financials Not As Bad As Feared

Posted by Roger in April 24th 2008  

After just posting this essay from David Galland on Gold Shares it is interesting to note that we have Newmont Mines saying this:
Denver-based Newmont Mining Corp. says it earned $370-million (U.S.), or 81 cents per share, up sharply from year-ago profit of $68-million, or 15 cents per share. Earnings from continuing operations totalled 80 cents [...]

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under: Casey Big Gold, Casey Energy Speculator, Casey International Speculator, Gold Stocks, Stock Market
Tags: Casey Research, david galland, Gold Stocks, newmont mining earnings
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Gold Shares Poised to Double?

Posted by Roger in April 24th 2008  

Gold Shares: Different This Time?
By David Galland
Managing Director
Casey Research
BIG GOLD
Doug Casey, my partner and Casey Research chairman, describes his secret to making life-changing investment returns – and hanging on to them — as “Being bold when everyone else is timid, and timid when everyone else is bold.”
But putting a pleasant-sounding utterance into practice is far [...]

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under: Casey Big Gold, Gold Stocks, Gold and Silver
Tags: Casey Big Gold, Casey Research, david galland, different this time, gold shares double
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