Tuesday, March 1, 2011

Oil Crossed the $100 psychological mark Whats Next?

Oil 's long-term growth drivers are explained by Michael Sansoterra of the RidgeWorth Large Cap Growth Fund.

The political turbulence that rocked the Middle East and North Africa caused oil -- used to he. And -- contract reached the crucial 100 dollars psychological mark on February 20 -- The first time since 2008. Supply concerns overwhelmed the market. On directly Libya and Algeria were among countries that were still grappling with major anti government of people. With Libya and Algeria accounting for about 3% of total global oil production. Any pull -- of major oil companies from the country's. Interrupted production were bound to have some short term impact on total oil supply that portfolio manager Michael...

How to Trade This Gold Rally

How to Trade Climbing Gold
NEW YORK (TheStreet) - Scott Redler, chief strategic officer at T3Live.com, details how to trade gold as prices edge closer to its all-time high.

Silver Scarcer Than Gold But More Useful - Mike Maloney & David Morgan In Las Vegas

The world as we know it would cease to exist without silver.50$/oz silver is a no brainer .We are at the very beginning of a very unique opportunity for the average person to obtain silver at the last prices below $40. BUY NOW

Quote from my dealer, "I'll have to call around to get you some silver, but I have plenty of gold right now." (Dealer!!!!! Sounds like I'm jonesing for a fix!)
However , It would be worth to give gold _some_ credibility :) There is a lot of uses for gold in the electronics industry. Not to the same degree as silver, but it exists. Part of recycling of fine electronics is to get some of the gold back. It's also much used as a chemical catalyst, or at least experimented much as such.

So if gold suddenly disappeared, you'd certainly see signs of this in specific industries. It's not like no one would care or notice. But life would probably go on, indeed
DAILY NEWS ON BOOZE