MinKL Invest: 11/02/11

Wednesday, 2 November 2011

$GOLD: Gallery View - StockCharts.com - Free Charts

$GOLD: Gallery View - StockCharts.com - Free Charts

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.

IMF and Oil Prices - Sohbet Karbuz

Sohbet Karbuz

SATURDAY, OCTOBER 29, 2011

http://karbuz.blogspot.com/2011/10/imf-and-oil-prices.html#links

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.

China-US Energy Geopolitics: The Battle for Oil in the South China Sea - BlackListedNews.com

China-US Energy Geopolitics: The Battle for Oil in the South China Sea - BlackListedNews.com

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 Big Mac Index: Is Your Country’s Currency Over or Under-Valued Compared to USD?

The Big Mac Index: Is Your Country’s Currency Over or Under-Valued Compared to USD?
Sunday, October 30th, 2011

So reports The Economist online (www.economist.com) in edited excerpts from an article* which Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!)

The Economist’s Big Mac index is a fun guide to whether currencies are at their “correct” level. It is based on the theory of purchasing-power parity (PPP), the notion that in the long run exchange rates should move towards the rate that would equalise the prices of a basket of goods and services around the world ...........

http://www.munknee.com/2011/10/the-big-mac-index-is-your-countrys-currency-over-or-under-valued-compared-to-usd/

*http://www.economist.com/blogs/dailychart/2011/07/big-mac-index

MF Global The Biggest Bankruptcy Of 2011 - www.forbes.com/sites/steveschaefer

http://www.forbes.com
11/01/2011
MF Global The Biggest Bankruptcy Of 2011, By A Mile

Steve Schaefer, Forbes Staff
According to Bankruptcydata.com, MF Global’s $40.5 billion in assets at the time of its filing make it the eighth largest bankruptcy since 1980, and dwarf every other filing in 2011. (See “MF Global Files For Bankruptcy As Corzine’s Plan Fails.”).......

http://www.forbes.com/sites/steveschaefer/2011/11/01/mf-global-the-biggest-public-bankruptcy-of-2011-by-a-mile/

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.

Are You One of the 99% Still Undecided About Owning Gold or Silver? Here’s What You Need to Know

So says James Turk (www.goldmoney.com) in edited excerpts from an article* which Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!),

Turk goes on to say:

1) Gold is not a commodity; it is money

Soybeans, crude oil, copper and other raw materials and agricultural products are consumed and disappear. They are commodities. Their value arises from their usefulness as a consumable item. In contrast, gold is not consumed and therefore does not disappear. Essentially all the gold mined throughout history still exists. This above ground stock of gold has value because gold is useful in economic calculation and preserves purchasing power over long periods of time. For example, the price of crude oil in terms of gold is unchanged from 60 years ago, or in other words, an ounce of gold purchases the same amount of crude oil today as it did in 1951.

2) Gold is not an investment; it is money

Gold does not generate cash-flow. Gold is not a wealth producing franchise, like a company that creates wealth by producing marketable goods and services. When you buy gold, you are not making an investment. You are simply exchanging one form of money – the national currency used in your purchase – for another form of money, namely, gold. Therefore, the decision to buy gold should be based on gold’s attributes compared to those of national currencies. In this regard, gold emerges as the clear winner. Using the example in #1 above to highlight one of gold’s most important attributes and a major weakness of the dollar, a barrel of crude oil today costs more than $100, compared to less than $3 in 1951. The dollar has not preserved purchasing power. The interest income earned on a dollar deposit over this period of time will offset some of that loss, but it is important to remember why interest is paid in the first place. It compensates you for the risk of holding dollars – risks like inflation, a bank default, capital controls and other pernicious events that are harmful to your purchasing power. You do not have these risks with gold.

3) Do not trade gold; accumulate it ..........

http://www.munknee.com/2011/10/are-you-one-of-the-99-still-undecided-about-owning-gold-or-silver-heres-what-you-need-to-know/

Don’t let gold’s high price distract you from the important points that gold does not have counter-party risk and preserves purchasing power over long periods of time. Gold is sound money, which everybody should be saving.

*http://www.goldmoney.com/gold-research/are-you-a-newcomer-to-the-precious-metals-.html

Gold Is a “Fear Index” Don Hays - finance.yahoo.com/blogs/breakout

Gold Is a “Fear Index” That Must Come Down: Don Hays
Tue, Nov 1, 2011

By Matt Nesto | Breakout

Most Americans are familiar with the most famous line in Franklin Delano Roosevelt's first inaugural address during in the depths of the Great Depression in 1933: "The only thing we have to fear is fear itself. " Unfortunately the rest of that long, great speech is largely forgotten, because even the very next line is telling: "Nameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance."

That's sort of how Don Hays views gold, as an indicator that's in the way of the next great bull market. It's also why the chairman and chief investment strategist at Hays Advisory wants and expects to see prices fall.

"Gold, pure and simple, is a fear index," says Hays in the attached clip. "People try to paint it with a lot of different colors, but it's a fear index."

http://finance.yahoo.com/blogs/breakout/gold-fear-index-must-come-down-don-hays-163101715.html

“Gold is Useless!” and 6 Other Reasons To Hate Gold As An Investment

So says Eric Dutram (http://commodityhq.com) in edited excerpts from an article* which Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!),

Dutram goes on to identify, and explain, the 7 reasons why one should hate gold as an investment, as follows:

Despite the many positives for gold, [however, it]… has run into some significant headwinds as of late…slumping…from its recent highs…thanks to broad concerns over the global economy and a push back into dollars… Since gold around the world is priced in U.S. dollars, an uptick in the value of the greenback tends to limit the demand for precious metals, making them less attractive in comparison, especially by those who view gold as an alternative currency. Thanks to this slumping price and the apparent topping out of gold in the short term, many are starting to reconsider the wisdom of investing in this precious metal. Fears over a bubble bursting in gold are starting to grow and a lack of demand from emerging markets, coupled with a stronger dollar, could force gold prices sharply lower to close out the year…

Below, we highlight seven reasons for why investors may want to temper their expectations for the metal and consider a more diversified approach that doesn’t include such a large allocation to the ‘barbaric relic’:............

*http://commodityhq.com/2011/seven-reasons-to-hate-gold/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+commodityhq+%28Commodity+HQ%29

http://www.munknee.com/2011/10/gold-is-useless-and-6-other-reasons-to-hate-gold-as-an-investment/

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