a SILVER report. a couple ounces whenever you can, adds up! Plus you're at least a couple ounces ahead of your neighbors and friends who likely have zilch.
Monday, January 31, 2011
Bob Chapman on TheCollectorsCoach 1/26/2011
This is the complete show from 1/26/2011. Bob Chapman was generous enough to let the show run 12 mintues over the hour. Bob Answers questions from our listeners.
Robert Prechter on Goldseek Radio Jan. 28, 2011
Robert Prechter of Elliott Wave International
Elliott Wave International
Robert Prechter is founder and president of Elliott Wave International, the world’s largest independent financial forecasting firm. He has been writing market commentary since 1976. In 1984, Bob set a record in the options division of the U.S. Trading Championship with a real-money trading account. In December 1989, Financial News Network (now CNBC) named him "Guru of the Decade." Bob served for nine years on the national Board of the Market Technicians Association and in 1990-1991 served as its president. During the 1990s, he expanded his firm to provide round-the-clock analysis on global financial markets. Bob has written 13 books on finance, beginning with Elliott Wave Principle in 1978, which predicted a 1920s-style stock market boom. His 2002 title, Conquer the Crash - You Can Survive and Prosper in a Deflationary Crash and Depression, was a New York Times best-seller. In 1999, Bob received the CSTA’s first annual A.J. Frost Memorial Award for Outstanding Contribution to the Development of Technical Analysis. In 2003, Traders Library granted him its Hall of Fame award.
more at http://radio.goldseek.com >>>
Elliott Wave International
Robert Prechter is founder and president of Elliott Wave International, the world’s largest independent financial forecasting firm. He has been writing market commentary since 1976. In 1984, Bob set a record in the options division of the U.S. Trading Championship with a real-money trading account. In December 1989, Financial News Network (now CNBC) named him "Guru of the Decade." Bob served for nine years on the national Board of the Market Technicians Association and in 1990-1991 served as its president. During the 1990s, he expanded his firm to provide round-the-clock analysis on global financial markets. Bob has written 13 books on finance, beginning with Elliott Wave Principle in 1978, which predicted a 1920s-style stock market boom. His 2002 title, Conquer the Crash - You Can Survive and Prosper in a Deflationary Crash and Depression, was a New York Times best-seller. In 1999, Bob received the CSTA’s first annual A.J. Frost Memorial Award for Outstanding Contribution to the Development of Technical Analysis. In 2003, Traders Library granted him its Hall of Fame award.
more at http://radio.goldseek.com >>>
Buy Silver and Prepare For Hard Times, Food Shortage. Turmoil in Egypt
Silver is holding its own today, no big moves despite the turmoil in Egypt. Silver bullion could see a spike in price if the money that left the ETFs start piling back in. Thoughts on food shortage or food transportation problems. Preparing by canning food and having an alternative power source. In short, total preparedness. Buy silver, Buy food and have an alternative energy source. Economic collapse will catch a lot of people short of items they need and won't be able to get afterwords. Food inflation is causing unrest, food riots worldwide. Dollar collapse in future barring a miracle.
The Silver Suppression Explained
The Silver Suppression Explained - Office Series 5 : Silver has been demonetized just as gold has. Banks only have big stacks of IOUs of various types No one talks about how India and the middle east how they trade in silver and gold for thousands of years even to this day. These people cherish precious metals much more then own currency. Used in weddings,trade,and everyday life.Too, no one really knows how much gold these people have stored over thousands of years? For a rainy-day?
Silver wont take off for as long as fiat silver can run the game. It will take a run of fiat silver investors to request physical (rather than dollars) for silver to skyrocket. It will take a lot for those investors to lose faith in the dollar enough to take the silver. Most of those guys are heavily invested in stocks and bonds and still believe in the dollar so the silver boom may take some time.
Silver wont take off for as long as fiat silver can run the game. It will take a run of fiat silver investors to request physical (rather than dollars) for silver to skyrocket. It will take a lot for those investors to lose faith in the dollar enough to take the silver. Most of those guys are heavily invested in stocks and bonds and still believe in the dollar so the silver boom may take some time.
Egypt Unrest Rattles Commodities Exchange
From the streets of Cairo to the worlds largest trading floor, the CME Group in Chicago.. the ripple from the Egyptian unrest is starting to become a worry on the global economy. (Jan. 31)
Robert Kiyosaki who is paying less taxes and who is getting richer
The Cash flow quadrant explained by Robert Kiyosaki who is paying less taxes and who is getting richer
Why Diversification Is A Mistake - Increase Your Financial IQ
The New Rules Of Money (Rule 7) - Robert Kiyosaki, "Focus, Why Diversification Is A Mistake..."
Robert Kiyosaki : do not diversify focus , follow one course until you are successful .....be able to know the good one from the bad ones , the good investment from the bad investment focus until you are successful and do it again and again....
Robert Kiyosaki : do not diversify focus , follow one course until you are successful .....be able to know the good one from the bad ones , the good investment from the bad investment focus until you are successful and do it again and again....
Bob Chapman The cost of carrying this debt becomes more unpayable and onerous
Bob Chapman on Discount Gold and Silver Trading Jan 28 2011
Bob Chapman : ....the state of anarchy in Egypt could go on for a while , if the circulation is disrupted in the Suez Canal the prices of oil and other commodities will shoot to the roof ....Jordan Yemen and even Saudi Arabia could be next in rioting against their respective dictators.....we could be looking at a $100 oil may be even $150....
Bob Chapman wrote in the International Forecaster of the January 29th, 2011 :"...The cost of carrying this debt becomes more unpayable and onerous daily and there is little attempt to stop it. The Fed may control the short end of the Treasury bond market, but it has minor influence on the 10-year notes and 30-year bonds. As a result yields have risen and the spread in yields between short and long-term paper has grown to 32-year highs. Needless to say, holders of long-term notes and bonds want to be better compensated because they see more risk, as US debt grows uncontrollably higher. Short-term yields have stayed about the same because the Fed controls them. The demand for capital in small and medium companies has been muted by lenders reluctance to lend for the past two years. Zero interest rates have not helped these potential borrowers that create 70% of the jobs. Funds though are readily available to the major transnational conglomerates. Government and the Fed won’t talk about it, but they are manipulating all markets, and that is a long-term negative factor because everything they do is for their own benefit – not for the people. The state of political affairs could be worse but they certainly are not good. We liken the US economy to a rudderless ship being pulled and jerked by one special interest group or another from side to side never gaining equilibrium. As long as this situation persists no headway will be made in solving budget deficits, nor in neutralizing the welfare state...."
Gold Prices Have Bottomed ?
NEW YORK (TheStreet) -- David Banister, chief investment strategist at ActiveTradingPartners.com, reveals why gold has bottomed and how he's buying.
....While our permanent wondered if you look the bottom actually we're looking for gold her -- Yahoo (YHOO) ! thirteen hundred and now we're on my numbers which we didn't the other -- about quality and remind you dollar I would regret -- investors. Would want to start looking at longer. There are certain goal we all know that you've been here over time and I look for certain. Decline I think again already -- thirteen and are you need very likely to bottom....
....While our permanent wondered if you look the bottom actually we're looking for gold her -- Yahoo (YHOO) ! thirteen hundred and now we're on my numbers which we didn't the other -- about quality and remind you dollar I would regret -- investors. Would want to start looking at longer. There are certain goal we all know that you've been here over time and I look for certain. Decline I think again already -- thirteen and are you need very likely to bottom....
Boone Pickens on Egypt & Oil
Jan. 30 2011 | Oil magnate T. Boone Pickens, BP Capital Management, discusses the impact of the Egyptian revolution on the price of oil around the world.
Strong Rebound Ahead for Egyptian Pound
Jan. 31 2011 | Clifford Bennett, chief economist at Herston Economics, sees up to 25% upside for the Egyptian pound from current levels. He tells CNBC's Jackie DeAngelis, Chloe Cho and Anna Edwards that once a stable government is established, the country will see renewed investment.
Currency Cross-Currents after the Egyptian uncertainty
Jan. 31 2011 | What traders make of the Egyptian uncertainty, with Bob Iaccino, Traderoutlook.com; Kevin Book, Clearview Energy Partners; and Boris Schlossberg, GFT Forex.
ETFs in Crisis?
Jan. 31 2011 | Funds with large exposure to Egypt have less than $25 million in assets under management, reports CNBC's Herb Greenberg.
Will Gold Regain Its Glory?
Jan. 31 2011 | It's a volatile morning for oil, with Michael Dudas, Jefferies, and CNBC's Sharon Epperson.
Dollar Collapse & Silver Market Manipulation Update: Max Keiser 29 January 2011
The Truth About Markets, Max Keiser & Stacy Herbert , Max is right, the paper and physical market for silver are about $10 per ounce apart the margin rises max talks about are done by......? the controllers who are also the manipulators which are also the ELITE The true basis of exchange in today's world economy is energy in the form of fuel. The thing that may menace the dollar is the fact that some countries are talking about trading oil in their own currency.So long as the dollar is the world reserve currency and is used to trade oil none of this will happen
Sunday, January 30, 2011
Oil & the Suez Canal
Jan. 30 2011 | What the revolution in Egypt means to the transport of oil through the Suez Canal in light of violence at Port Said, near the canal's mouth, with John Hoffmeister, Former Shell Oil president/CEO, and CNBC's Simon Hobbs.
Crash JP Morgan Chase Buy Silver! Max Keiser & Stacy Herbert
Having a bit of fun while divesting out of paper currency! See "real" money vs. paper money. Taking action to hedge my bets and by helping participate in the campaign: "Crash JP Morgan Chase, Buy Silver" through taking physical delivery. Join in the fun anyway you can, and feel the power!
Sweet !I know everytime i get a delivery my heart gets all aflutter and i feel like Ralphie opening his red rider air rifle. lol. I dont know where you live, but i have another means to pocket some silver, and get this... ITS FREE. Go to all the banks in your area and ask for 1/2 dollars. Prior to 1970, they were silver. You can buy them for FACE VALUE, Pull out the silver, then just cash out the rest. I have been doing it for years. Real life treasure hunting. Keep stacking America!!
Sweet !I know everytime i get a delivery my heart gets all aflutter and i feel like Ralphie opening his red rider air rifle. lol. I dont know where you live, but i have another means to pocket some silver, and get this... ITS FREE. Go to all the banks in your area and ask for 1/2 dollars. Prior to 1970, they were silver. You can buy them for FACE VALUE, Pull out the silver, then just cash out the rest. I have been doing it for years. Real life treasure hunting. Keep stacking America!!
Gold $7000 , Silver Will Reach a 4 Digit Number
20 to 40% of your portfolio in Metals? Why so little? What else could possibly be in your portfolio that is worth anything really? The stocks in your portfolio better be mostly if not ALL commodities. And hang on to your hat! Got cash? Buy Metal. Buy Gold and Silver
With the good old days of single digit silver stacking over, those who had the foresight to accumulate while all the others were flipping real estate are in the driver's seat. The irony is that most complaints about silver was that it was "too bulky", which isn't the case when it simply isn't available at all. Precious metals will be the last mania before food itself.physical shortage is here. Major seller quoted me six months for monster box of 500 coins. The end is not near, it is here! NOT mint problem. Bars, ingots and bars all short supply. Don't take my word -- call on-line silver sellers and ask. Industrial silver users panicking. JPM, others selling paper silver faster than ever.JPM morgan rumor covering shorts was fake out and get heat off them. JPM now cornering copper market. Copper is substitute for SOME silver apps.
With the good old days of single digit silver stacking over, those who had the foresight to accumulate while all the others were flipping real estate are in the driver's seat. The irony is that most complaints about silver was that it was "too bulky", which isn't the case when it simply isn't available at all. Precious metals will be the last mania before food itself.physical shortage is here. Major seller quoted me six months for monster box of 500 coins. The end is not near, it is here! NOT mint problem. Bars, ingots and bars all short supply. Don't take my word -- call on-line silver sellers and ask. Industrial silver users panicking. JPM, others selling paper silver faster than ever.JPM morgan rumor covering shorts was fake out and get heat off them. JPM now cornering copper market. Copper is substitute for SOME silver apps.
JP Morgan is UNSINKABLE - no silver short positions : Jim Puplava Kathryn Derbes
Jim Puplava and Kathryn Derbes came close to call Max Keiser a liar and say that JP Morgan Chase has no such silver short positions.
buy silver crash jp morgan : Max Keiser
recorded on January 29th 2011
buy silver crash jp morgan : Max Keiser
recorded on January 29th 2011
Are ETF Silver Bars Fake? Made out of Molybdenum?
The SLV has one maple 8 million people own it :o)The things that made me thinking is Ted Butler of Silverseek when he stated JP has NO silver bars in their stocks.
This is where a big problem lies in the world of gold and silver. We have "trusted" the big guys for too long and they have abused that trust at every turn.
We are living through the final days of Fiat Money and you need to position yourselves with the right assets at the right time to survive this transition.
So let's look at how the gold/tungsten problem is related to silver.
The gold conspiracy world is a buzz with recent articles from Rob Kirby about tungsten bars that were plated with gold. According to Kirby's sources 1.3M-1.5M these 400oz bars currently reside in Fort Knox as well as have been sold into the global gold markets over the past 15-20 years. The article can be found here: http://news.goldseek.com/GoldSeek/125...
Lump this together with GATA's work in exposing the secret manipulation of the price of gold and you add jet fuel to the gold conspiracy inferno.
The world is slowly waking up from the self induced coma that investors and governments have been living under when it comes to the realities behind gold and the implications of this awakening should not be underestimated.
This is where a big problem lies in the world of gold and silver. We have "trusted" the big guys for too long and they have abused that trust at every turn.
We are living through the final days of Fiat Money and you need to position yourselves with the right assets at the right time to survive this transition.
So let's look at how the gold/tungsten problem is related to silver.
The gold conspiracy world is a buzz with recent articles from Rob Kirby about tungsten bars that were plated with gold. According to Kirby's sources 1.3M-1.5M these 400oz bars currently reside in Fort Knox as well as have been sold into the global gold markets over the past 15-20 years. The article can be found here: http://news.goldseek.com/GoldSeek/125...
Lump this together with GATA's work in exposing the secret manipulation of the price of gold and you add jet fuel to the gold conspiracy inferno.
The world is slowly waking up from the self induced coma that investors and governments have been living under when it comes to the realities behind gold and the implications of this awakening should not be underestimated.
Bob Chapman The Silver pull-back is a Golden opportunity to buy
Bob Chapman on The Goldseek Radio Jan. 28, 2011
Bob Chapman explains the why of the gold and silver pull-back ...The Silver pull-back is a Golden opportunity to buy
Bob Chapman wrote in the International Forecaster of the 29th January 2011 :"....As of this writing gold has fallen about $100, and silver some $3.00. Support for gold lies anywhere between $1,280 and $1,340. Many are disappointed that both metals corrected, which is natural, but they are more upset that the correction was deliberately man-made....."
Bob Chapman explains the why of the gold and silver pull-back ...The Silver pull-back is a Golden opportunity to buy
Bob Chapman wrote in the International Forecaster of the 29th January 2011 :"....As of this writing gold has fallen about $100, and silver some $3.00. Support for gold lies anywhere between $1,280 and $1,340. Many are disappointed that both metals corrected, which is natural, but they are more upset that the correction was deliberately man-made....."
Parallel Trend Line Analysis & Direction from 50 Day Low - The Silver Log (01.30.2011)
gold is likely to soar soon and silver will tag along...
gold is likely to soar soon and silver will tag along...
TurmOIL in EGYPT = Higher $pOILPrices = INFLATION!!!
If/when $pOIL $urges on Monday... Silver begins Lift-Off!
Best trade Bernie Buck$ for Real Constitutional money...
Paper is cheap & printed. Real Money is Mined & Minted!
gold is likely to soar soon and silver will tag along...
TurmOIL in EGYPT = Higher $pOILPrices = INFLATION!!!
If/when $pOIL $urges on Monday... Silver begins Lift-Off!
Best trade Bernie Buck$ for Real Constitutional money...
Paper is cheap & printed. Real Money is Mined & Minted!
Saturday, January 29, 2011
Bob Chapman Obama should prove his illegibility
Bob Chapman on the Sovereign Economist 26 Jan 2011
Bob Chapman : Obama's speech o the State of the Union was a waste of time....Obama is an illegal alien , he should prove his illegibilityDonald Trump and Robert Kiyosaki great speeches on Increasing your Financial IQ
Mr Donald Trump and Mr Robert Kiyosaki talk about how to increase your personal financial IQ.
I have come to know of Mr Robert Kiyosaki through a book known as "RICH DAD, POOR DAD". It is quite interesting and has changed my concept from a Saver to an Investor. I know that it is kind of hard to earn online if let say you are newbie or are totally lost on which step to follow.
I believe that these can be learnt through experiences and guidances. Of course, not to give up easily. Everyone will have downfall once in a while, the impt thing is that we learnt through mistakes and errors.
Mr Donald Trump is a powerful man, whom I have known him through television (famous person) and affiliate networking world, join under his large networking group of course.
Therefore, here's your chance to listen in on their conversation and hear straight talk on how they learned to rise above tough times...and how you can too.
I have come to know of Mr Robert Kiyosaki through a book known as "RICH DAD, POOR DAD". It is quite interesting and has changed my concept from a Saver to an Investor. I know that it is kind of hard to earn online if let say you are newbie or are totally lost on which step to follow.
I believe that these can be learnt through experiences and guidances. Of course, not to give up easily. Everyone will have downfall once in a while, the impt thing is that we learnt through mistakes and errors.
Mr Donald Trump is a powerful man, whom I have known him through television (famous person) and affiliate networking world, join under his large networking group of course.
Therefore, here's your chance to listen in on their conversation and hear straight talk on how they learned to rise above tough times...and how you can too.
Eric Sprott, SILVER $50 - GOLD $2,150 THIS SPRING!!!
A fascinating interview by King World News with Eric Sprott, Owner of PSLV, the ETF based on PHYSICAL SILVER -made the astonishing announcement Friday that Silver would go to $50.00 an ounce and Gold would go to $2,150 by this SPRING!!!
BREAKING NEWS: SILVER $50 - GOLD $2,150 THIS SPRING!!!
A fascinating interview by King World News with Eric Sprott, Owner of PSLV, the ETF based on PHYSICAL SILVER -made the astonishing announcement Friday that Silver would go to $50.00 an ounce and Gold would go to $2,150 by this SPRING!!!
Yen Outlook
Jan. 28 2011 | Jim Vrondas, manager, corporate business at OzForex, says it will be difficult for dollar-yen to break above 83.50. He tells CNBC's Chloe Cho and Anna Edwards that the Japanese currency will likely move towards 81 in the coming weeks.
Commodities Trade on Egypt Unrest
Jan. 28 2011 | How to play commodities on turmoil in Egypt, with John Stephenson, First Asset Investment Management.
Does Turmoil Change Gold Trade?
Jan. 28 2011 | Why political unrest in Egypt is an outlier event for the gold markets, with Doug Kass, Seabreeze Partners Management.
Gold Spikes amid turmoils
Jan. 28 2011 | As the news and television pictures from Egypt flowed - over the course of 2.5 hours - gold gained $38, with CNBC's Simon Hobbs.
Robert Kiyosaki What do you buy on payday?
What really is an asset? Why should I care? Robert Kiyosaki goes straight to the answers and shows us the types of systems and income generating vehicles to develop.
Ted Butler there are 550 million ounces less that can be transferred in the future
Ted Butler : Since 2006, more than 550 million ounces have been transferred from unreported silver into reported world inventories, including the SLV and all other similar programs. Currently there are more than 716 million ounces in total world visible silver bullion inventories. That’s a very big chunk of my long-time estimate of one billion ounces in total world inventories. The way to look at it is that there are 550 million ounces less that can be transferred in the future. The long-term rise in price would seem to confirm my thinking.
Bob Chapman & Lindsey Williams : Egypt Conflict by Design & Oil, Gold, Silver To Go Much Higher!
Lindsey Williams, who has revealed the plans of the elite to bankrupt America. Bob Chapman, publisher of the International Forecaster, makes his regular Friday appearance. Alex runs down the latest news and takes
your calls.
your calls.
Bob Chapman: Can we get our Country back without violence? 1/26/2011
Bob Chapman answers a listeners question about if it's possible to get the country back without violence. Bob is straight to the point.
prepare for slavery people. And have fun living in a FEMA camp. I will be up in the Idaho mountains hiding when all this happens. They can come after me but they will not take me alive to rot in a Concentration camp(FEMA)
prepare for slavery people. And have fun living in a FEMA camp. I will be up in the Idaho mountains hiding when all this happens. They can come after me but they will not take me alive to rot in a Concentration camp(FEMA)
Alaska Gold Rush Part 10
When the going gets tough the tough seek new frontiers. Six recession hit patriots from Oregon become greenhorn gold miners.if i were them i would have been making a firm friendship with the nextdoor neighborer and then ask his advice and help ^.^ but unfortunately it isnt as easy as that for them
Friday, January 28, 2011
Time to Buy Up gold amid the unrest in Egypt
Jan. 28 2011 | Discussing whether it's time to double up on gold amid the unrest in Egypt, with Daniel Goure, Lexington Institute, and Daniel Senor, Council on Foreign Relations.
Bob Chapman Friday Report: A Decade Of Progress Wiped Out By Financial Policy
ALEX JONES is the only person on this planet, that I can Trust To Say Trillion With A Straight Face, You Rock Alex, Those Elite on The 33rd Floor Watch the Door Doesnt Slam You In The Ass On The Way OuT . Alex Jones talks with Bob Chapman , publisher of the International Forecaster, makes his regular Friday appearance. Alex runs down the latest news and takes your calls.
There is nothing dumb about the financial media. They know exactly what they are doing. All they want to do is keep their jobs and in that process they sell out themselves, their families and friends, other people and their country. They know government statistics are bogus, but they won't report that, because if they did they will be discharged. There are two sets of alternative figures. One shows inflation at 6.75% and the other 8%. As we have reported before the PPI reflects 13-1/2% to 14%, so how can official inflation be 1.2%? If this is truly the case how can inflation be tame with food and energy prices going through the roof?
There is nothing dumb about the financial media. They know exactly what they are doing. All they want to do is keep their jobs and in that process they sell out themselves, their families and friends, other people and their country. They know government statistics are bogus, but they won't report that, because if they did they will be discharged. There are two sets of alternative figures. One shows inflation at 6.75% and the other 8%. As we have reported before the PPI reflects 13-1/2% to 14%, so how can official inflation be 1.2%? If this is truly the case how can inflation be tame with food and energy prices going through the roof?
Bob Chapman: on the best country to relocate to
Bob Chapman : "Where is the best country to relocate to w/out the loss of liberties" 1/26/2011
How about the best state to bug out to.. I say Idaho, Alaska and Montana. Have your own ranch, water supply , garden and plenty of animals to hunt.Alpine, Wyoming... I went there once. It was nice. Western Montana is nice.
How about the best state to bug out to.. I say Idaho, Alaska and Montana. Have your own ranch, water supply , garden and plenty of animals to hunt.Alpine, Wyoming... I went there once. It was nice. Western Montana is nice.
AT&T Shares Are Down 2% After Downgrade By Cowen & Co, UBS (T,AAPL)
AT&T (NYSE:T) shares are trading 1.99% lower at $27.58 after being cut to neutral from outperform at Cowen & Co. and to neutral from buy at UBS AG, according to a Bloomberg report.
The company is about to lose its exclusive hold on Apple (NASDAQ:AAPL) iPhone in the U.S.
AT&T has a potential upside of 14% based on a current price of $27.57 and an average consensus analyst price target of $31.42.
The company is about to lose its exclusive hold on Apple (NASDAQ:AAPL) iPhone in the U.S.
AT&T has a potential upside of 14% based on a current price of $27.57 and an average consensus analyst price target of $31.42.
Gold Can Still Hit $1,500 says Brian Hicks
NEW YORK (TheStreet) -- Brian Hicks, co-manager of the U.S. Global Investors Global Resources Fund, reveals why he thinks the bulk of the selling in gold is done
Gold -- is trying to avoid that psychologically important level at thirteen hundred dollars an ounce. Because gold indexed on the gold price up about seven dollars while the futures market is relatively flat. Joining me is Brian hicks -- manager of the US global investors (GROW) global resources finds. And Brian my biggest question is where are all -- safe haven buyers why isn't gold at 2030 dollars on -- Egypt's Middle East news.
Gold -- is trying to avoid that psychologically important level at thirteen hundred dollars an ounce. Because gold indexed on the gold price up about seven dollars while the futures market is relatively flat. Joining me is Brian hicks -- manager of the US global investors (GROW) global resources finds. And Brian my biggest question is where are all -- safe haven buyers why isn't gold at 2030 dollars on -- Egypt's Middle East news.
Commodity Price Swings "Here to Stay," PepsiCo CEO Says - Shares Down 1.9%
PepsiCo (PEP) shares are down in step with the broader market while the company's CEO says commodity prices are likely to remain volatile for some time to come.
Indra Nooyi, PepsiCo CEO, said swings in the price of commodities are "here to stay," Bloomberg reported.
The volatility will come from growing demand in the Middle East and environmental shocks in various parts of the world, he said.
PepsiCo shares are down 1.9%, or $1.25, to $64.31.
Indra Nooyi, PepsiCo CEO, said swings in the price of commodities are "here to stay," Bloomberg reported.
The volatility will come from growing demand in the Middle East and environmental shocks in various parts of the world, he said.
PepsiCo shares are down 1.9%, or $1.25, to $64.31.
Crude Oil Prices Surge on Unrest in Egypt
Crude oil futures soared to a record high since September 2009 on Friday on concerns that anti-government protests in Egypt would spread to other oil-producing countries in the Middle East.
Oil prices neared $90 a barrel at one point in the trading day, an increase of over 4%, before retreating in early afternoon trade. Oil for March delivery rose $3.70, or 4.3%, to settle at $89.34 a barrel on the New York Mercantile Exchange.
Linda Raschke, partner at FuturePath Trading, said, "The crisis in Egypt as well as the significance of a government shutting down the Internet for the entire country is causing major nervousness in market participants that have been long equities in front of the weekend."
Although Egypt is not a significant oil exporter, it is home to the Suez Canal, a major shipping channel between the Red Sea and the Mediterranean. The U.S. Energy Information Administration estimated that 1.8 million barrels of crude and refined petroleum passed through the Suez Canal per day in 2009.
In addition to pumping up oil prices, Egypt's unrest has driven investors to move away from equities toward the dollar, prompting stocks to fall and the greenback to gain.
Raschke noted that investor fears of regional instability could make crude oil a "major benefiting market."
Oil prices neared $90 a barrel at one point in the trading day, an increase of over 4%, before retreating in early afternoon trade. Oil for March delivery rose $3.70, or 4.3%, to settle at $89.34 a barrel on the New York Mercantile Exchange.
Linda Raschke, partner at FuturePath Trading, said, "The crisis in Egypt as well as the significance of a government shutting down the Internet for the entire country is causing major nervousness in market participants that have been long equities in front of the weekend."
Although Egypt is not a significant oil exporter, it is home to the Suez Canal, a major shipping channel between the Red Sea and the Mediterranean. The U.S. Energy Information Administration estimated that 1.8 million barrels of crude and refined petroleum passed through the Suez Canal per day in 2009.
In addition to pumping up oil prices, Egypt's unrest has driven investors to move away from equities toward the dollar, prompting stocks to fall and the greenback to gain.
Raschke noted that investor fears of regional instability could make crude oil a "major benefiting market."
Rich plan, poor plan by Robert Kiyosaki : emotional intelligence is more important than intellectual intelligence
Rich plan, poor plan by Robert Kiyosaki track 5
: emotional intelligence is more important than intellectual intelligence
: emotional intelligence is more important than intellectual intelligence
Bob Chapman : war is a profitable business for governments
Anthony asks "Will the policy of Invasion and Occupation End?" 1/26/2011 Bob Chapman every Wednesday Night on The Collector's Coach Show...I feel like Bob Chapman is warning us in so many words....the financial floodgates are soon going to break apart, then who knows where the system will take us
Silver Price up, Silver Demand up, Violence Around the World, Food Prices up, Buy Silver.
Silver prices are up along with all commodities. Food inflation in the Middle East is resulting in protests in the region which may lead to governments collapsing. Egypt is in the midst of Revolution. Food prices around the world could lead to more Economic collapse. People in China and other eastern nations are buying silver to protect themselves against hyper inflation and currency debasement. We could have a Dollar collapse.
Demand for silver bullion is still strong. Traders are moving their money back into the precious metals, Gold and Silver. Compared to the end of last year silver bullion is relatively chea
Demand for silver bullion is still strong. Traders are moving their money back into the precious metals, Gold and Silver. Compared to the end of last year silver bullion is relatively chea
Gold Selloff Completely Normal says Aaron Smith
Jan. 27 2011 | Gold's pull back offers good long-term buying opportunities, says Aaron Smith, managing director at Superfund Financial, talking to CNBC's Bernard Lo and Oriel Morrison. He believes gold is an alternative to cash and expects strong support for the metal between $1,280-$1,300.
Subscribe to:
Posts (Atom)
