Tuesday, February 8, 2011

Saudi Arabia Oil Reserves May Be Overstated By 40%

Peak Oil is getting out, look up US peak discoveries of oil it happened in the 1930's then the US peaked in production in 1970 the world peaked in discoveries in 1960, look up Alaskan oil reserves downgraded by 90% 2010 .... Welcome to reality,

Commodities Tomorrow

Feb. 8 2011 | CNBC's Sharon Epperson discusses the day's activity in the commodities markets, and looks ahead to where oil, gas and other commodities are likely headed tomorrow.

Why investors should sell the Euro

Feb. 8 2011 | Insight on why investors should sell the Euro at current levels, with Amelia Bourdeau, UBS

Big Housing Market Changes Ahead

Radical Mortgage Market Changes


Feb. 8 2011 | Discussing the future of residential financing, with CNBC's Diana Olick; John Taylor, The National Community Reinvestment Coalition and Stephen Meister, "Commercial Real Estate, Restructuring Revolution" author.

Silver up 8% since the beginning of 2010 Despite recent selloff

Short-Term Silver Trade: Nymex Trader NEW YORK (TheStreet) -- Mihir Dange of Arbitrage reveals how he's trading silver in the short-term and breaks down his 2011 price target.



Despite recent selloff that silver's still up 8% -- the beginning of 2010. While gold is up 20%. Does this mean there's a deeper correction to come in Gilbert joining me for the trade at an iMac (AAPL) isn't here -- So not only you were expecting -- did we get -- it.

We did we got substantial correction down to about 2630. And were up almost three dollars from there which is a tremendous --

I think we'll -- or another correction I think right now I would get a little short. I'm not looking for any.

Wild bullish or bearish movement but if anything it could make and -- can make make another attempt. Back down 2630. But I don't think you're gonna see much more correction that.

Gold price popping despite a rate hike in China

NEW YORK (TheStreet) -- Scott Redler, chief strategic officer at T3Live.com, breaks down how's he's trading gold on its recent rally.


Gold price is popping despite a rate hike in China. Because gold index that then but I -- more than ten dollars joining me it got rather -- strategic officer repeat real live dot com. Got typically higher rate that for gold right that we you know rally -- that there cubic feet level why.

I think what -- reasons one you know over the course the last few weeks we've seen gold -- like -- identity from being fear. Currency. Inflation and with China raising rates like. There is going to be inflation in these developing countries and Portland sees it. So maybe it's becoming -- a little bit of an inflation hedge again you still do you have a little fear that something else could happen in the in the Middle East like Egypt also. The JPMorgan (JPM) headline where. Now. Third parties can use it as collateral so there's another use for gold. So you put them all together and technically look good now it's gonna. Look at the next level which is about thirteen eighty which a product pause that and into the continues to keep acting on............

Hedge Fund Pros Charged With Insider Trading

Feb. 8 2011 CNBC's Mary Thompson has the details.

Commodities Mixed at Close; Gold Gains, Crude Oil Slips on China Concerns

Commodities ended mixed as gold futures gained on a stronger dollar while crude oil ended below $87 a barrel.

Light, sweet crude oil for March delivery finished down $0.54, or 0.6%, to $86.94 a barrel. In other energy futures, heating oil was up 0.42% to $2.70 a gallon while natural gas was down 1.68% to $4.03 per million British thermal units.

In energy ETFs, the United States Oil Fund (USO) is down 0.33% to $36.54. The United States Natural Gas ETF (UNG) is down 1.97% to $5.48.

Gold futures ended higher thanks to an interest rate hike in China and a weaker dollar.

Gold for April delivery finished up $15.90 to $1,364.10 an ounce. In other metal futures, silver was up 3.28% to $30.30 a troy ounce while copper traded up 0.27% to $4.58.

The U.S. dollar index (DXY) is down 0.17% to $77.91.

Silver,Gold,Currencies and stock market predictions by Webbots creator Cliff High

Silver,Gold,Currencies and stock market predictions by Webbots creator Cliff High

Donald Trump & All Five Children on Oprah

Donald Trump & All Five Children on Oprah



VIDEO: The billionaire businessman and his wife Melania stop by Oprah and introduces all 5 of his kids. Then he gets his hands dirty working at his own Trump Hotel!

WE KNOW HIM AS ONE OF THE GREATEST BUSINESS MEN ALIVE BUT ON MONDAY, DONALD TRUMP SHOWED OPRAH HE'S ALL ABOUT FAMILY...

THE TRUMPSTER SHOWED A DIFFERENT SIDE OF HIMSELF WHEN HE TROTTED OUT ALL 5 OF HIS KIDS AND WIFE MELANIA ON OPRAH'S STAGE

THEN HIS PREGNANT DAUGHER IVANKA, DONALD JR AND ERIC CAME OUT AND SANG THEIR DAD'S PRAISES...

EVEN 17 YEAR OLD TIFFANY WHO LIVES IN LA WITH MOM MARLA MAPLES MADE AN APPEARANCE...

4 YEAR OLD BARON EVEN JOINED IN ON THE FUN, AND DONALD EVEN GOT HIS HANDS DIRTY AT HIS NAMESAKE HOTEL , CARRYING BAGS, BRINGING ROOM SERVICE, AND EVEN CLEANING BATHROOMS...

JUST LIKE YOUR DAD, HU?

Rich Dad Robert Kiyosaki faces Newest Financial Guru - David Bach, Automatic Millionaire


http://www.MoneyCoachingFoundation.biz Robert Kiyosaki Network Marketing Richdad financial freedom Guru along with Donald Trump are meeting their match with David Bach, Author of Start Late Finish Rich and Automatic Millionaire. A great introduction by Robert Kiyosaki about how important is to build and develop sales skills. Scape of the rat race now! Robert Kiyosaki the famous Richdad author reveal the secrets of the rich. Robert Kiyosaki and Donald Trump speak are interviewed regarding a new book they co-authored "Why We Want You to Be Rich.David Bach has helped millions of people around the world take action to live and finish rich. He is one of the most popular and prolific financial authors of our time with nine consecutive national bestsellers, including two consecutive #1 New York Times bestsellers, Start Late, Finish Rich and The Automatic Millionaire as well as Fight for Your Money, Go Green, Live Rich, The Automatic Millionaire Homeowner, Smart Women Finish Rich, Smart Couples Finish Rich, The Finish Rich Workbook and The Automatic Millionaire Workbook.David Bach carries the unique distinction of having had four of his books appear simultaneously on the Wall Street Journal, BusinessWeek, and USA Today bestseller lists. In all, his FinishRich Books have been published in more than 15 languages, with more than seven million copies in print worldwide.

Home Prices Decline

Feb. 8 2011 | Despite improving home sales, prices are down for the fifth straight month. CNBC's Diana Olick has the details.

James Turk on Goldseek Radio 04 Feb 2011

James Turk on Goldseek Radio 04 Feb 2011

Silver Breaks $30 No Economic Recovery Prepare for Economic Collapse Buy Silver!

Silver price broke $30 as I write this. The economic news is not improving, Americans need to prepare for economic collapse. Start storing commodities, Silver Bullion, Copper Bullion, food, tools etc. Study other economic collapses to see what became important and useful afterward. This will keep you from storing up things that are not needed. Dollar collapse will create shortages as imorters will no longer accept dollars. What would you do if the economy collapsed today?

JP Morgan announces that they will accept gold for collateral. They giving the indication that corporations will accept gold as money. Housing market nation wide is still in a crash and diving deeper.

Bet on Commodity Currencies

Feb. 8 2011 |Simon Bond, private client advisor at RBS Morgans, says commodity currencies will be in favor this year. He shares his outlook for the Australian and Canadian dollar, with CNBC's Chloe Cho and Rebecca Meehan.

Agri-Commodities on the Rise

Feb. 7 2011 | Wayne Gordon, senior analyst, commodities & rural economics at Rabobank, shares his outlook for the price of corn, wheat and soybeans, with CNBC's Oriel Morrison.

Gold Will Continue to Shine

Feb. 7 2011 | Gold prices could rise to around $1,600 by the end of the year, predicts Andre Julian, CFO & senior market strategist at OpVest Wealth Management. He tells CNBC's Martin Soong, Saijal Patel and Karen Tso what is driving gold prices higher.

Gold to Hit $1,400: Chartist

Feb. 7 2011 | Ray Barros, CEO at Ray Barros Trading Group, believes gold will retest the $1,400 level again. With the precious metal currently trading at $1,350 an ounce, he tells CNBC's Oriel Morrison that investors should consider picking up some gold.

DAILY NEWS ON BOOZE