Monday 2 May 2011

Commodities Tips, EquityTips, Trading Levels for Commodity: Advantages of Silver Over Gold

Commodities Tips, EquityTips, Trading Levels for Commodity: Advantages of Silver Over Gold: "The average person can’t afford to buy gold, so it is most suitable for wealthy people for investment and central banks. With silver being s..."
http://goldsilveralert.blogspot.com/

The average person can’t afford to buy gold, so it is most suitable for wealthy people for investment and central banks. With silver being so much cheaper, the average person can go to his local coin dealer and buy some.

The advantages of silver over gold as an inflation hedge are numerous and need to be considered:

- The silver market is much smaller, and it doesn’t take as much money moving into silver as an investment to move the market up. Silver has outperformed gold dramatically over the last few years, going from $3 an ounce to over $40 an ounce.

- Silver is also a very important industrial metal with over 3,000 industrial uses.

- The government has never seized silver, although they have seized gold. If that worries you (it doesn’t worry me much), you would feel safer with silver rather than gold.

- The government actually has no stockpile of silver to unload. There is now more gold above ground than silver because of the silver industrial usage.

- I look upon silver as money. Throughout history more silver has been used more for money than gold. Historically, silver coins became the common denominator for money in more places and more times than gold.

If you are wealthy and can afford to buy some gold, be my guest. I think you will do just fine. However, silver will outperform gold about three to one. When I receive income from my business, I set aside enough cash to take care of my normal business affairs because paper money is still a means of exchange, although it is no longer a store of value. As a means of exchange, you can conduct your normal affairs. If I have any left over, I go to my local coin dealer and buy silver.

Our basic needs are: Air, Water and Food.
Our Additional needs are: Aluminum, Copper, Crude, Gold, Lead, Natural Gas, Nickel, Silver, Zinc.
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All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.

YouTube MINING STOCKS Vs PHYSICAL GOLD & SILVER Mike Maloney

Silver prices fell sharply... May 1

By V. Phani Kumar and Michael Kitchen, MarketWatch

HONG KONG (MarketWatch) — Silver prices fell sharply in a matter of minutes during early Monday trading in Asia, though some of the plunge may have been exaggerated by reportedly thin volume.

At one point early Monday, the price dived 12% within 11 minutes, according to Dow Jones Newswires, which put the intraday high at $48.15 an ounce before a plunge to $42.21.

Silver Prices: Too hot to rationalize buying?

Silver's "almost vertical ascent" is just one of many signals suggesting the metal's rally is reaching a top, says Richard Ross, chief technical strategist at Auerbach Grayson. Gold, or better yet, copper, offer better value. Laura Mandaro reports from San Francisco.

By 10:00 a.m. Hong Kong time (10:00 p.m. U.S. Eastern time), spot silver traded at $44.93 an ounce, continuing to recover from below the $43 level earlier in the day, according to Kitco data.

Some reports pointed to low volume, due to holidays in some markets Monday, as exaggerating the drop, and said the sharp drop pointed to a speculative move against the silver price.

Silver prices also continued to recover on the futures market, with the contract for July delivery SIN11 -9.30% down 8% at $44.720, also recovering from the day’s $42.20 low.

Gold hit too

Gold prices also fell, though by a less dramatic margin. Spot gold was trading just below $1,550 an ounce, after sliding as low as $1,543.10 an ounce from the day’s $1,578.20 high.

By 10:00 a.m. in Hong Kong, spot gold had recovered to $1,549.10.

Benchmark gold futures for June delivery settled at $1,556.40 Friday on the Comex division of the New York Mercantile Exchange, but the contract GCM11 -0.73% dropped to $1,547.50 in electronic trade early Monday.

Among other precious metals, platinum prices were down 1.8% at $1,839.00 an ounce, and palladium dropped 1.8% to $775 an ounce in the spot market.

Varahabhotla Phani Kumar is a reporter in MarketWatch's Hong Kong bureau.Michael Kitchen is Asia editor for MarketWatch and is based in Los Angeles.

Spot Silver 24 Hour...May 1

Live 24 hours silver chart [ Kitco Inc. ]

Gold and Silver Analysis 04.30.2011 (Part 1 of 2)

Silver Is Getting Demolished Right Now

Remember silver $50?

Right now it's just above $43. Absolute carnage to start the week.

Is this, finally, the bubble bursting?

Here's a longer look to show what kinda crazy March and April it had.

Click here for a full guide to this crazy market >

Read more: http://www.businessinsider.com/whoa-silver-is-getting-demolished-right-now-2011-5#ixzz1L9rT8OjS

All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.

PRECIOUS-Silver slips 10 pct, gold off record

Mon May 2, 2011 12:50am GMT

(Recasts, adds details and quotes)

SINGAPORE May 2 (Reuters) - Silver prices tumbled by 10 percent early on Monday, with spot prices sliding to as low as $42.58 an ounce and futures dipping to $42.20 in volatile, holiday-thinned trade.

By 0009 GMT, spot silver stood at $43.32 an ounce, down 9.4 percent on the day, while COMEX silver for July delivery SIcv1 traded at $44.075 an ounce versus $48.599 on Friday.

"The reduction in COMEX length before the weekend, margin increase and holidays in large parts of Asia and Europe set the stage for a move like this," said Natalie Robertson, analyst at ANZ in Melbourne.

Speculators scaled back their bullish bets in COMEX silver futures and options to the lowest level since early February, regulator data showed on Friday. [ID:nN29175149]

Speculators in COMEX silver held a net long position 25,791 lots in the week ending April 26, cutting 5,413 lots, data from the Commodity Futures Trading Commission (CFTC) showed.

The CME Group Inc said on Thursday it would raise maintenance margins for COMEX silver futures by 13.2 percent to $10,750 per contract from $9,500 effective Friday, April 29.

Spot gold prices fell 0.7 percent to $1,552.30 an ounce, after earlier touching an all-time high of $1,575.79.

Some traders put silver's spectacular fall down to an unwind of a short gold-silver ratio position, compounded by automated stop-loss orders.

"Precious metals basically turned around in illiquid markets on snippets of news that suggest that the risk profile will change," said Jonathan Barratt, managing director at Commodity Broking Services in Sydney.

"Silver was also off the board in terms of technicals and the market decided to just smack it in the head." (Reporting by Nick Trevethan and Alejandro Barbajosa; Editing by Michael Urquhart)

All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.

Silver Crash, Part One of Two

Silver Update 5/1/11 - Smackdown

Iskandar to attract RM73bil( USD 24 Billion)

Monday May 2, 2011

Iskandar to attract RM73bil

By ZAZALI MUSA
zaza@thestar.com.my

JOHOR BARU: Iskandar Malaysia aims to attract RM73bil new investments to the country's first economic growth corridor starting from January 2011 until December 2015.

Iskandar Regional Development Authority (Irda) chief executive officer Ismail Ibrahim said although it was getting more challenging to attract new investments, the figure was achievable.

He said that by December last year, Iskandar Malaysia had attracted RM69.48bil, surpassing the RM47bil target for 2010 from its inception on Nov 4, 2006.

Ismail added that RM3.76bil new investment was recorded in the first quarter of the year, bringing the total committed investments to RM73.24bil since 2006.

Ismail Ibrahim (second from right) briefing journalists on Iskandar Malaysia’s development at Irda headquarters in Danga Bay, Johor Baru

Of the total RM73.24bil, RM43.29mil or 59% are from local investors and RM29.95% or 41% are from foreign investors, of which 41% of the total committed investments have been spent to date.

The manufacturing sector contributed RM28.25bil, with RM24.26bil from properties, RM6.28bil from the Government, RM2.90bil from utilities, RM1.47bil from tourism, while RM10.08bil from others.

“The targets will be reviewed regularly in view of the ever-changing global economic and investment climate. There are no hard and fast rules for us,'' he said at a media briefing for journalists from Kuala Lumpur on the progress of Iskandar Malaysia on Saturday.

He said Iskandar Malaysia would be focusing on potential investors from Asean, China, India, Japan and South Korea apart from Europe and the Middle East which were the main targets during its early inception.

Ismail said Iskandar Malaysia would be entering its fifth year in November, and the latest investment figure reflected the serious commitments and efforts undertaken by all stakeholders.

Ismail stressed that Iskandar Malaysia would focus on acquiring quality investments and not numbers in line with the aspiration for high-income economy.

He said the investments should further enhance and complement the five existing economic clusters under its Comprehensive Development Plan (CDP) to transform Iskandar Malaysia into an international metropolis by 2025.

The five are electrical and electronics, petrochemical and olechemcial, food and agro-processing, logistics and related services, tourism, health services, educational services, financial services and ICT and creative industries.

“For instance, are we going to continue manufacturing parts and components only or are we migrating into research and development activities,'' said Ismail.

He said the obvious choice would be to move up the value-chain as the country's manufacturing sector could no longer remain labour-intensive.

Ismail said the manufacturing sector in Iskandar Malaysia was moving into the R&D and high-technology activities with the setting up of the BioXCell biotechnology park in Nusajaya and Senai Hi-Tech Park.

He said the two projects had received several capital-intensive investments from foreign investors involved in the biotechnology R&D and renewable energy sectors from India, China, France and South Korea.

Ismail said with the improvement of bilateral ties between Malaysia and Singapore, many Singapore-based small and medium enterprises (SMEs) have expressed interest to relocate to Iskandar Malaysia.

He said three areas in Senai, Pasir Gudang and Gelang had been identified for the setting up of the dedicated industrial parks for the local and foreign SMEs.

“We have received queries from companies operating in the Ring of Fire zone which plan to relocate their operations to Iskandar Malaysia in view of frequent earthquakes in their region,'' said Ismail.

He said Irda and other stakeholders would continue to work hard in promoting Iskandar Malaysia to the world and to correct the misperception that Iskandar Malaysia was only about Nusajaya.

Ismail said the 9.712.45ha Nusajaya was one of the five flagship development zones in Iskandar Malaysia the other zones were the Johor Baru City Centre, Western Gate Development Zone, Eastern Gate Development Zone and Senai-Kulai.

“Located in the southernmost part of Johor, spanning over 2,217 sq km and three times bigger than Singapore, Iskandar Malaysia offers good prospects and investment opportunities for all,'' said Ismail.

Irda and the Government-backed investment holding company Iskandar Investment Bhd (IIB) are the two bodies tasked to promote and develop Iskandar Malaysia.

Irda is the regulatory body mandated to plan, promote and facilitate the development of Iskandar Malaysia and IIB to drive commercial initiatives within Iskandar Malaysia via joint ventures or contribution of land.

1. GOLD & SILVER INVESTING MOVIE! (Part 1) Mike Maloney - 'Why Gold & Si...

GET THE FULL MOVIE HERE: http://goldsilver.com/why-gold-silver-the-movie/ref/1052/dc/sgpromo/
Welcome to the first episode in our 10 part series!

We have been collectively hoodwinked into believing that our paper currencies are 'as good as gold'. Nothing could be further from the truth. Originally, our paper currency was a receipt for gold or silver held on deposit. But since 1971, all world currencies have been fiat -backed by nothing of physical value. Take a $10 bill from your wallet. Do you really think that the paper is worth $10? Welcome to the Matrix...

All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.

Max Keiser + Chris Martenson On Sinking US Economy Apr 28 2011

Apr 28, 2011

Guest on the Keiser Report Chris Martenson, talks about the deliberate trashing of G20 currencies, and the sinking US economy because they refuse to tackle their budget deficit.

Jim Rogers: The Best Asian Investment Most Americans Haven't Heard Of

Apr 27, 2011

http://www.FinancialSurvivalRadio.com

Investor Jim Rogers tells http://www.FinancialSurvivalRadio.com what he thinks is the best "off-the-radar" investment that most Americans know very little about. He says the Chinese renminbi (RMB) currency could be a shrewd investment in the near future, as the Chinese government loosens its grip on what is currently an undervalued currency. American investors have not been allowed to open RMB accounts until this year (2011).

FAKE SILVER 101...and... the SILVER KEISERS ARE HERE!!

There IS fake silver out there, brought to you by China. Buy a scale and be careful! And... the Silver Keisers are here!!

All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.

Warren Buffett admits 'big mistake'

Warren Buffett admits 'big mistake' over David Sokol

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/8485664/Warren-Buffett-admits-big-mistake-over-David-Sokol.html

Warren Buffett has admitted he made a "big mistake" in not quizzing former top executive David Sokol about his share purchases in a company he recommended Berkshire Hathaway buy, an episode that has mired the billionaire in his biggest controversy for decades.

By Richard Blackden, Omaha, Nebraska 7:43PM BST 30 Apr 2011

"I obviously made a big mistake by not saying 'when did you buy it'"," Mr Buffett told the more than 30,000 Berkshire shareholders at the company's annual general meeting in Omaha, Nebraska.

A report last week from Berkshire's audit committee accused Mr Sokol of making "misleadingly incomplete" disclosures about $10m of shares he acquired in Lubrizol, a US chemicals maker he suggested in January that Berkshire consider buying.

Mr Sokol, who resigned at the end of March, has said he's done nothing wrong.

The incident, which the Securities and Exchange Commission is reported to be investigating, has prompted criticism of internal controls at Berkshire, Mr Buffett's judgement and intensified anxiety on Wall Street over who will eventually succeed the 80 year old.

Mr Sokol first suggested Lubrizol as a possible acquisition to Mr Buffett on either January 14 or 15 and told him he owned shares in Lubrizol.

Warren Buffett squares up to critics in Omaha
30 Apr 2011
'Buffett should consider action against Sokol'
27 Apr 2011
Warren Buffett statement - in full
31 Mar 2011
What's next for Warren Buffett?
26 Dec 2010
Note to investors: Buffett's a legend... in business and life
04 Mar 2008

"When someone says to me "I own the stock" it doesn't seem to me like he bought it last week," Mr Buffett said at the meeting.

Mr Sokol, who had been with Berkshire since 1999 and was widely seen as a possible successor to Mr Buffett, bought shares in Lubrizol in the middle of December and early January.

Mr Buffett, who has advertised the ethical standards at Berkshire as one of the company's greatest virtues, described Mr Sokol's actions as "inexcusable and inexplicable."

"I don't think there's any question about the inexcusable part. Dave violated the code of ethics, Dave violated our insider trading rules," he said in response to questions from shareholders.

Mr Sokol has a net worth in the "very high numbers", Mr Buffett said, adding that the former executive had given up the chance for a further $12.5m in compensation when Berkshire were first working out his compensation package when he joined the company.

Barry Levine, Mr Sokol's lawyer, said that "I know him (Mr Sokol) to be a man of uncommon rectitude and probity. He would not, and did not, trade improperly, nor did he violate any fair reading of the Berkshire Hathaway policies."

In a question and answer session in which there were several about Mr Sokol, Mr Buffett said that any assumption that Mr Sokol had been the frontrunner to succeed him was questionable.

At the time of Mr Sokol's resignation, Mr Buffett said that he had persuaded him twice not to resign in the last few years.

The billionaire said that there is now a leading candidate to succeed him and "I would lay a lot of money that I think he is as straight as an arrow."

Obama mocks Donald Trump

Obama mocks Donald Trump and conspiracy theorists at journalists dinner

Sunday 01 May 2011

http://www.telegraph.co.uk/culture/culturevideo/8486561/Obama-mocks-Donald-Trump-and-conspiracy-theorists-at-journalists-dinner.html

The president took direct aim at real estate mogul and possible presidential candidate Donald Trump who recently revived the controversy.

Obama greeted his audience as "my fellow Americans" and offered to show what he called his "birth video" in case of "any lingering questions" about where he was born.

He proceeded to present a clip from Disney's animated movie "The Lion King" showing a baby lion cub in Africa, drawing cheers and applause from the audience.

With Donald Trump and other potential 2012 presidential election rivals in the gathering of celebrities, politicians and journalists, the presidentsuggested that the hardest decisions Trump makes are firing people on his reality television show "Celebrity Apprentice".

MinKL Invest

Pages

Monday 2 May 2011

Commodities Tips, EquityTips, Trading Levels for Commodity: Advantages of Silver Over Gold

YouTube MINING STOCKS Vs PHYSICAL GOLD & SILVER Mike Maloney

Silver prices fell sharply... May 1

Silver Prices: Too hot to rationalize buying?

Gold hit too

Spot Silver 24 Hour...May 1

Gold and Silver Analysis 04.30.2011 (Part 1 of 2)

Silver Is Getting Demolished Right Now

PRECIOUS-Silver slips 10 pct, gold off record

Silver Crash, Part One of Two

Silver Update 5/1/11 - Smackdown

Iskandar to attract RM73bil( USD 24 Billion)

Monday May 2, 2011

Iskandar to attract RM73bil

By ZAZALI MUSA
zaza@thestar.com.my

1. GOLD & SILVER INVESTING MOVIE! (Part 1) Mike Maloney - 'Why Gold & Si...

Max Keiser + Chris Martenson On Sinking US Economy Apr 28 2011

Jim Rogers: The Best Asian Investment Most Americans Haven't Heard Of

FAKE SILVER 101...and... the SILVER KEISERS ARE HERE!!

Warren Buffett admits 'big mistake'

Warren Buffett admits 'big mistake' over David Sokol

Warren Buffett has admitted he made a "big mistake" in not quizzing former top executive David Sokol about his share purchases in a company he recommended Berkshire Hathaway buy, an episode that has mired the billionaire in his biggest controversy for decades.

RELATED ARTICLES

Obama mocks Donald Trump

Obama mocks Donald Trump and conspiracy theorists at journalists dinner

WORLD

Pages

Monday 2 May 2011

Silver Prices: Too hot to rationalize buying?

Gold hit too

PRECIOUS-Silver slips 10 pct, gold off record

Monday May 2, 2011

Iskandar to attract RM73bil

By ZAZALI MUSA zaza@thestar.com.my

Warren Buffett admits 'big mistake' over David Sokol

Warren Buffett has admitted he made a "big mistake" in not quizzing former top executive David Sokol about his share purchases in a company he recommended Berkshire Hathaway buy, an episode that has mired the billionaire in his biggest controversy for decades.

RELATED ARTICLES

Obama mocks Donald Trump and conspiracy theorists at journalists dinner

By ZAZALI MUSA
zaza@thestar.com.my