Tuesday 3 May 2011

China's Facebook IPOs

China's Facebook IPOs: "It's Overvalued, But People Are Going To Buy It Anyway"

Read more: http://www.businessinsider.com/chinas-facebook-ipos-its-overvalued-but-people-are-going-to-buy-it-anyway-2011-5?utm_source=facebook&utm_medium=social&utm_term&utm_content&utm_campaign=sai#ixzz1LIQoDcml


joe chen renrenRenRen CEO Joe Chen


RenRen, the "Facebook of China", is going public today at a huge valuation. The valuation is 67X revenue, versus 25X revenue for Facebook's private markets valuation, Bloomberg says.
RenRen says this is justified because it has much more growth ahead of it than Facebook, which makes some sense. RenRen also has daily deal and social gaming sites, so it's a diversified business.
But that's not the real reason why the valuation is so high. The real reason is obvious: investors want Chinese internet stocks really, really badly. Bloomberg quotes a fund manager who sums up how everyone feels: "You can say it’s overvalued, but people are going to buy it anyway."
Indeed.


Read more: http://www.businessinsider.com/chinas-facebook-ipos-its-overvalued-but-people-are-going-to-buy-it-anyway-2011-5?utm_source=facebook&utm_medium=social&utm_term&utm_content&utm_campaign=sai#ixzz1LIRAGViu


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.

The Gold/Silver Ratio


http://wallstcheatsheet.com/the-daily-gold/the-goldsilver-ratio-update-you-must-know-in-todays-market.html

The Gold/Silver Ratio Update You Must Know In Today’s Market

By Jordan Roy-Byrne, CMT
May 03 2011



we’ve advised going long the Gold/Silver ratio. We tried back in March but closed the trade as we feltSilver (NYSE:SLV), which was at $39, was about to go parabolic. Now that Silver has put in a top, it is time to try the trade again.
Our first chart shows the ratio going back to 1981. There are a few things to note here. First, the ratio is extremely oversold as per the RSI. Second, the ratio fell from about 79 in late 1997 to 42 in 1998. The ratio immediately rebounded to 62. In the past six months the ratio fell from 70 to 31. We have a target of 45-50.
Zooming into the short term we see that the ratio basically plunged from 50 to 31. There isn’t any congestion until 45.
In a recent editorial we identified $33-$34 as a target bottom for Silver. For Gold, we see support at previous resistance of $1430-$1445. These targets would give us a Gold/Silver ratio of 42-44. This looks to be a low risk trade with decent potential in the near-term. Those with experience in options could use options to add leverage to this trade. 
Jordan Roy-Byrne, CMT



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.

Robert Fisk: Was he betrayed?

http://www.independent.co.uk/opinion/commentators/fisk/robert-fisk-was-he-betrayed-of-course-pakistan-knew-bin-ladens-hiding-place-all-along-2278028.html
The death of Bin Laden

Robert Fisk: Was he betrayed? Of course. Pakistan knew Bin Laden's hiding place all along

Tuesday, 3 May 2011
A middle-aged nonentity, a political failure outstripped by history – by the millions of Arabs 

demanding freedom and democracy in the Middle East – died in Pakistan yesterday. And then the world went mad.

Fresh from providing us with a copy of his birth certificate, the American President turned up in the middle of the night to provide us with a live-time death certificate for Osama bin Laden, killed in a town named after a major in the army of the old British Empire. A single shot to the head, we were told. But the body's secret flight to Afghanistan, an equally secret burial at sea? The weird and creepy disposal of the body – no shrines, please – was almost as creepy as the man and his vicious organisation.

The Americans were drunk with joy. David Cameron thought it "a massive step forward". India described it as a "victorious milestone". "A resounding triumph," Israeli Prime Minister Netanyahu boasted. But after 3,000 American dead on 9/11, countless more in the Middle East, up to half a million Muslims dead in Iraq and Afghanistan and 10 years trying to find Bin Laden, pray let us have no more "resounding triumphs". Revenge attacks? Perhaps they will come, by the little groupuscules in the West, who have no direct contact with al-Qa'ida. Be sure, someone is already dreaming up a "Brigade of the Martyr Osama bin Laden". Maybe in Afghanistan, among the Taliban.
But the mass revolutions in the Arab world over the past four months mean that al-Qa'ida was already politically dead. Bin Laden told the world – indeed, he told me personally – that he wanted to destroy the pro-Western regimes in the Arab world, the dictatorships of the Mubaraks and the Ben Alis. He wanted to create a new Islamic Caliphate. But these past few months, millions of Arab Muslims rose up and were prepared for their own martyrdom – not for Islam but for freedom and liberty and democracy. Bin Laden didn't get rid of the tyrants. The people did. And they didn't want a caliph.
I met the man three times and have only one question left unasked: what did he think as he watched those revolutions unfold this year – under the flags of nations rather than Islam, Christians and Muslims together, the kind of people his own al-Qa'ida men were happy to butcher?
In his own eyes, his achievement was the creation of al-Qa'ida, the institution which had no card-carrying membership. You just woke up in the morning, wanted to be in al-Qa'ida – and you were. He was the founder. But he was never a hands-on warrior. There was no computer in his cave, no phone calls to set bombs off. While the Arab dictators ruled uncontested with our support, they largely avoided condemning American policy; only Bin Laden said these things. Arabs never wanted to fly planes into tall buildings, but they did admire a man who said what they wanted to say. But now, increasingly, they can say these things. They don't need Bin Laden. He had become a nonentity.
But talking of caves, Bin Laden's demise does bring Pakistan into grim focus. For months, President Ali Zardari has been telling us that Bin Laden was living in a cave in Afghanistan. Now it turns out he was living in a mansion in Pakistan. Betrayed? Of course he was. By the Pakistan military or the Pakistan Inter-Services Intelligence? Quite possibly both. Pakistan knew where he was.
Not only was Abbottabad the home of the country's military college – the town was founded by Major James Abbott of the British Army in 1853 – but it is headquarters of Pakistan's Northern Army Corps' 2nd Division. Scarcely a year ago, I sought an interview with another "most wanted man" – the leader of the group believed responsible for the Mumbai massacres. I found him in the Pakistani city of Lahore – guarded by uniformed Pakistani policemen holding machine guns.
Of course, there is one more obvious question unanswered: couldn't they have captured Bin Laden? Didn't the CIA or the Navy Seals or the US Special Forces or whatever American outfit killed him have the means to throw a net over the tiger? "Justice," Barack Obama called his death. In the old days, of course, "justice" meant due process, a court, a hearing, a defence, a trial. Like the sons of Saddam, Bin Laden was gunned down. Sure, he never wanted to be taken alive – and there were buckets of blood in the room in which he died.
But a court would have worried more people than Bin Laden. After all, he might have talked about his contacts with the CIA during the Soviet occupation of Afghanistan, or about his cosy meetings in Islamabad with Prince Turki, Saudi Arabia's head of intelligence. Just as Saddam – who was tried for the murder of a mere 153 people rather than thousands of gassed Kurds – was hanged before he had the chance to tell us about the gas components that came from America, his friendship with Donald Rumsfeld, the US military assistance he received when he invaded Iran in 1980.
Oddly, he was not the "most wanted man" for the international crimes against humanity of 11 September 2001. He gained his Wild West status by al-Qa'ida's earlier attacks on the US embassies in Africa and the attack on the US barracks in Dhahran. He was always waiting for Cruise missiles – so was I when I met him. He had waited for death before, in the caves of Tora Bora in 2001 when his bodyguards refused to let him stand and fight and forced him to walk over the mountains to Pakistan. Some of his time he would spend in Karachi – he was obsessed with Karachi; he even, weirdly, gave me photographs of pro-Bin Laden graffiti on the walls of the former Pakistani capital and praised the city's imams.
His relations with other Muslims were mysterious; when I met him in Afghanistan, he initially feared the Taliban, refusing to let me travel to Jalalabad at night from his training camp – he handed me over to his al-Qa'ida lieutenants to protect me on the journey next day. His followers hated all Shia Muslims as heretics and all dictators as infidels – though he was prepared to cooperate with Iraq's ex-Baathists against the country's American occupiers, and said so in an audiotape which the CIA typically ignored. He never praised Hamas and was scarcely worthy of their "holy warrior" definition yesterday which played – as usual – straight into Israel's hands.
In the years after 2001, I maintained a faint indirect communication with Bin Laden, once meeting one of his trusted al-Qa'ida associates at a secret location in Pakistan. I wrote out a list of 12 questions, the first of which was obvious: what kind of victory could he claim when his actions resulted in the US occupation of two Muslim countries? There was no reply for weeks. Then one weekend, waiting to give a lecture in Saint Louis in the US, I was told that Al Jazeera had produced a new audiotape from Bin Laden. And one by one – without mentioning me – he answered my 12 questions. And yes, he wanted the Americans to come to the Muslim world – so he could destroy them.
When Wall Street journalist Daniel Pearl was kidnapped, I wrote a long article in The Independent, pleading with Bin Laden to try to save his life. Pearl and his wife had looked after me when I was beaten on the Afghan border in 2001; he even gave me the contents of his contacts book. Much later, I was told that Bin Laden had read my report with sadness. But Pearl had already been murdered. Or so he said.
Yet Bin Laden's own obsessions blighted even his family. One wife left him, two more appeared to have been killed in Sunday's American attack. I met one of his sons, Omar, in Afghanistan with his father in 1994. He was a handsome little boy and I asked him if he was happy. He said "yes" in English. But last year, he published a book called Living Bin Laden and – recalling how his father killed his beloved dogs in a chemical warfare experiment – described him as an "evil man". In his book, he too remembered our meeting; and concluded that he should have told me that no, he was not a happy child.
By midday yesterday, I had three phone calls from Arabs, all certain that it was Bin Laden's double who was killed by the Americans – just as I know many Iraqis who still believe that Saddam's sons were not killed in 2003, nor Saddam really hanged. In due course, al-Qa'ida will tell us. Of course, if we are all wrong and it was a double, we're going to be treated to yet another videotape from the real Bin Laden – and President Barack Obama will lose the next election.


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.

BlackBerry Playbook Tablet OS !.0.3

TECHPUMP101.BLOGSPOT.COM

http://techpump101.blogspot.com/2011/05/blackberry-playbook-tablet-os-version.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+TechPump+%28TechPump%29

MAY 3, 2011




How to upgrade to BlackBerry Tablet OS v1.0.3
Users who purchase and activate a BlackBerry PlayBook tablet on or after Tuesday, May 3rd will automatically upgrade to v1.0.3 as part of the BlackBerry PlayBook setup process. Existing BlackBerry PlayBook users will be presented with a software update notification on the BlackBerry PlayBook status ribbon, or they can go check for the software update at any time in the settings menu under Software Updates. The BlackBerry Tablet OS update must be performed over a Wi-Fi® connection and will take approximately 15 minutes to complete.


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 SPOT 24 Hour.... it actually what happen...



Osama Bin Laden gives his life in order to save the US$, but it actually...

The Obama administration have now decided to reveal that Osama Bin Laden is dead in order to both bring about a rally in the value of the US$, and peg back the values of both gold and silver.

http://blogs.telegraph.co.uk/finance/ianmcowie/100010088/osama-bin-ladens-dea...


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.

Bob Chapman - LRT "Osama - Story" - 05-02-2011



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.

Market Anthropology: the next Big Trade

Market Anthropology: the next Big Trade: "At some point in the near future, the next BIG trade will likely come from a leveraged short position of the precious metals sector. With pr..."
http://www.marketanthropology.com/2011/03/next-big-trade.html

Friday, March 25, 2011


the next Big Trade




At some point in the near future, the next BIG trade will likely come from a leveraged short position of the precious metals sector. With proper execution, it could easily exceed the record Paulson short of 2008. Unlike the Paulson trade, where he actually had to create the trading vehicle to perform his thesis of thinking - there's a line around the block waiting for someone to take the other side of this market at a moments notice.

Generally speaking, the criteria for an asset bubble in Gold and Silver have been met:

Explosive & exponential gains (>400% gains w/Gold & >700% gains w/Silver since 2002)
General public participation (is MC Hammer the general public?)
Everyone's a winner (how could Glen Beck and Laura Ingraham both be wrong?)
People who did not participate before - participate now (insert your personal anecdote here)
"This time is different" syndrome (the financial system is broken, therefore...)


This trade is no different than Paulson's short on the housing sector - or Buffet's short on the dollar. They did their due diligence - recognized an asset class that was so historically stretched in relation to the mean and waited for their ship to come in. It is most similar to the Paulson trade - because everyone believed that the housing market was infallible to the kind of declines Paulson recognized as inevitable.

Today, everyone believes the inverse relationship to be true. That the financial system is broken, that the Fed has lost control and that Islamic Jihadists or a Middle Eastern state(s) will bring us to our knees. While there is sometruthiness in shades of that - it's more hyperbole than reality.

It was the confluence of the Tech Bubble bursting in 2000, the events of 9/11 and a commodity sector that was overdue for outperformance - that gave birth to this bubble. As with every bubble - it starts with a legitimate thesis for outperformance - and then runs away with emotion. It is only after we reach the dizzying heights of the sun that we realize the danger we so confidently embraced.

That moment seems imminent.
The Unified Field Theory - Where Reflexivity Meets Equilibrium

Here are a few charts of different asset classes with my Meridian Theory applied through their respective trends. Each chart utilized the same reference dates as crosses to establish the meridians.

In essence, the shading represents time periods where the markets are at a disequilibrium with the trend. In my unified theory (tongue in cheek once more), the meridian represents an equilibrium, which could be construed as the overlap between Soros's theory of reflexivity and traditional equilibrium thought. This makes rational sense, since it has typically represented where the market has either found equilibrium - or lost it altogether. In 1987, it represented the top of the trading range out of the historically depressed markets of the 1970's. The gains were steep, the programs misfired, mass psychology took over and the rest is history. After the 87' crash, the market eventually made its way back to equilibrium and crossed the threshold right before Greenspan invoked the self fulfilling prophecy that was Irrational Exuberance. In 2002 and 2003, the market found its balance at the meridian and started its reflationary ascent to the 2007 highs. In 2008, it represented the threshold where the markets lost their footings - due to the financial crisis, and crashed. Today, with the exception of the commodity and gold sectors, these markets have worked their way back to equilibrium - as represented on the charts. Click to enlarge the charts.









































Assuming all things are relative, and the kinetic intra-market/asset class relationships still apply - you can see why George Soros believes that the gold market is the largest asset bubble of the day, and by extension the commodity complex as well.

These charts illustrate that thought rather profoundly. It would be an excellent time for him to put his money where his theory applies and dwarf the gains he reaped for breaking the British Pound. Ironically, the catalyst this time may be realized when the financial system and the global economy are found to be in better shape than most suspect, and that once the stimulus is slowly removed... surprise, surprise - life goes on and the markets function.

With that said, a dislocation of this magnitude would likely have negative impacts to the equity markets in the short to intermediate time frames. So stay frosty. More to come in this line of thinking.


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.

May 2 2011 - Bob Chapman : Silver will break $50 /oz




Bob Chapman - gonob radio - 05-02-2011

Bob Chapman : Benazir Bhutto in 2007 in a public broadcast service said he was dead for seven years and three months later the CIA had somebody put a bullet in the middle of her head I started following the carrier of Bin Laden in 1985 says Bob Chapman of the international forecaster who was working as a US counter intelligence agent , Osama was working working as CIA operative in Pakistan and Afghanistan he was an employee of the CIA , this whole business of Al-Qaeda and Taliban they're all controlled by the CIA and MI6 and MI6 in particular....., Silver will break $50 /oz there is no resistance ...


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 SHORTAGE: This pull back is healthy for the long term Bull Market

SILVER SHORTAGE: This pull back is healthy for the long term Bull Market

MONDAY, MAY 2, 2011

http://silver-shortage.blogspot.com/


This pull back is healthy for the long term Bull Market

Silver's recent price run up does not qualify as a parabolic spike in Historical terms. This pull back is healthy for the long term Bull Market in Silver and has created another buying opportunity for those whom purchase physical and hold long term. "Before silver is finished margins will be raised to cash. Volatility, thy name is silver",Jim Sinclair





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.

Market Anthropology: Violence Begets Violence

Market Anthropology: Violence Begets Violence: "V iolence erupted in the silver market last night in Asian trading. And while the trading volume was thin due to many Asian markets being cl..."



Monday's trading should shed quite a bit of daylight on whether this latest break in upside momentum is the final straw or whether the market has another chance to turn back towards Friday's highs.

Should the silver ETF stabilize around 44 tomorrow morning and over the next session, there is an opportunity to bounce again back towards 48. In either case, I have a near term downside target for SLV of 36.

For further reading on my rationale for this line of thinking can be found here:

Disclaimer: This is not investment advice. Always do your own due diligence. Erik Swarts is not a registered investment advisor. Under no circumstances should any content from this website be used or interpreted as a recommendation for any investment or trading approach to the markets. Trading and investing can be hazardous to your wealth. Any investment decisions must in all cases be made by the reader or by his or her registered investment advisor.


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.