Monday, January 24, 2011

MONDAY MORNING

The casino is open. I'm enjoying the snow today and will get to take a couple of runs with my old friends today. I hope you are all well. This is one of the more interesting weeks for news. With the state of the Union and the Fed meeting...I can't imagine its worth being short this week. The game with precious metals appears to be unchanged with all guns out aimed at the metals. Never underestimate true power and recognize that you have NONE...hehehhe. Sorry ...just trying to keep it in reality.

Let's never forget we are all owned by the true power. Everything that exists is a facade.hehehhehe. I love it. I learned today that a faithful water carrier for the status quo ...Larry King is gone. I used to love Larry King years ago when Turner had CNN and it reported news. Now its just infotainment with over one hundred reruns of the Atlanta Children's murders from the 80's. Larry was never a hard hitter but he had an occasional guest that was informative. Not anymore. His last years his audience had reached only 660 thousand viewers per show...WOW. But he carried the water for the PTB until he was over 80....

You can't find news on TV anymore. I wonder why?? Do you think maybe the breakdown in Algiera Tunisia Yemen Greece is news?? I guess not. Each fire needs to be dealt with in "privacy". In the old days it could be done but with social networking its more difficult. Of course most Americans still just play games on the computer.

Lets remain patient in the market and hold our cash right now. gl gang

18 comments:

  1. FYI NADEEM Wayalat who KLI provided an update on a few months back has an sht term update for DOW out today.Good read....

    ReplyDelete
  2. Bringing dollar down and gold/silver, too -- what a joke! You're right, kli, no news...the nightly (supposed) news is more like watching a version of Star Magazine! The ch*ne^se pre*sid**en was here last week and it was hardly mentioned except what M was wearing. Argh!

    ReplyDelete
  3. Love the core holding today....and ATPG woohoo...whata candle..

    http://online.barrons.com/article/SB50001424052970204853904576089974099597758.html?ru=yahoo&mod=yahoobarrons

    ReplyDelete
  4. ATPG and OREX were excellent trades for hyenas today, OPXA also another good day.

    ReplyDelete
  5. kli,

    Last yr and this yr has been the yr of the CAT:

    http://www.youtube.com/watch?v=cqZc7ZQURMs

    ReplyDelete
  6. same old story heheheh

    http://blogs.telegraph.co.uk/news/danielhannan/100073206/irish-election-all-the-main-parties-promise-to-carry-on-with-the-current-disastrous-strategy/?utm_source=twitterfeed&utm_medium=twitter

    ReplyDelete
  7. kli,

    RNN looks good and cheap, look at what TEVA which is a major pharms did with RNN, check the other news on it as well:

    http://finance.yahoo.com/news/Teva-buys-395-million-of-apf-3152226010.html?x=0&.v=1

    ReplyDelete
  8. More on RNN:

    http://seekingalpha.com/article/247986-rexahn-pharma-is-considerably-undervalued-based-on-prospects-recent-developments?source=yahoo

    ReplyDelete
  9. "Rexahn ( RNN) announced that Teva Pharmaceutical purchased 2,334,515 shares of Rexahn's common stock in a private offering for $3.95 million, or $1.692 per share. The investment money will be used for the purpose of supporting the research and development program for the pre-clinical stage, anti-cancer compound RX-3117. After this transaction, Teva will own 6.29% of the outstanding shares of Rexahn. The key here is the effect on cash burn. The Company’s burn rate is growing toward $1-million/month. With this cash flow from Teva, I expect that Rexahn will have adequate funding to initiate its Phase IIb study on Serdaxin with ample cash left over in 2011 to fund all of its ambitious clinical and pre-clinical trials. This forecast does not assume any cash inflow from milestone payments from Teva, nor does it include payments from the US Government Qualifying Therapuetic Discovery Program"

    ReplyDelete
  10. ON it also CBST I mentioned a couple of times is ripping today.....great drug...but a range bound stock...MMs took it down.....and now....well now you see

    ReplyDelete
  11. GDX is now below the 200dma....I'll watch the 49.50 level closely.... ...blue light special

    ReplyDelete
  12. had to take the trade off on atpg.....and look at OIL woooohooo...man has that taken a long time to develop for me.....

    ReplyDelete
  13. Picked up some PSLV here. I also bought 25oz of physical silver as well. Might have to buy some more physical tomorrow if they keep driving it down.

    ReplyDelete
  14. Rudy....coordinated attack on PSLV...gotta take it out....they ACTUALLY own the silver bullion and the PTB are trying to stop them....this is better than a movie

    ReplyDelete
  15. I hope all of you had a nice day not trading....hehehe......let them keep bringing the PMs down....Here is my prediction....if I am right and this is an effort to get out of a lot of silver shorts ...the reverse in silver will be severe....sit tight.

    ReplyDelete
  16. Hey everyone, I can use some advice. I'm not exactly bullish on real estate but have been presented with a good opportunity. A foreclosed property, that needs work, but is a very good deal. What are your thoughts about real estate as an investment...considering potential inflation down the line. Any thoughts would be much appreciated.

    ReplyDelete
  17. SAMMY SAMMY SAMMY.....Real estate here is a crap shoot....if you are handy and believe this has good rental potential then sure...but location location location still works....also what do you call a "good deal" and what type of financing and if you are not doing the work ...and are not in this business STAY the foch away.....

    ReplyDelete
  18. My brother is an architect/contractor so repairs won't be an issue...good location in fairfield county CT and solid rental income potential. I have a small silver core, (bought low thanks to you)and the rest of my $$ is cash. I'm afraid inflation is gonna eat me alive so wanted to invest in a hard asset...just hope it doesn't turn into a hard somethin else haha! I agree, complete crap shoot, thinking higher interest and mortgage woes will keep rental market strong. BTW you guys are the best, keep up the good work, it's appreciated.

    ReplyDelete