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Keyword: price

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  • What Happened to Silver? (Is the large drop a cause for concern to investors?)

    01/26/2011 8:00:43 AM PST · by SeekAndFind · 16 replies
    Seeking Alpha ^ | 01/26/2011 | Ananthan Thangavel
    After providing a more thorough analysis of the precious metals market Monday morning, given silver's activity yesterday, we felt compelled to continue the discussion. The silver market has been extremely volatile as of late, and the day's action has proven no different. After peaking at 27.95 overnight, silver hovered around unchanged before dropping precipitously for no reason, ending Monday down almost 2%.(Click charts to expand)The large intraday price drop is certainly cause for concern among investors, but digging into Monday's volume action may be a bit more revealing.Both silver futures and the SLV displayed average to light volume. The...
  • Fuel price rises by 0.76p per litre (UK gets slammed with 2.5% VAT increase)

    01/02/2011 9:49:48 AM PST · by Libloather · 18 replies
    Press TV ^ | 1/01/11
    Fuel price rises by 0.76p per litreSat Jan 1, 2011 3:26PM On 1 January, the British government announced an increase in the price of petrol, a condition which led to another 0.76p rise in the price of both petrol and diesel. This is while VAT will rise by 2.5 percent on 4 January. It is also said that another Ł1,200 is to be added to annual fuel bills due to the rises announced on 1 January, according to the state-run BBC. The AA suggested that these increases would push the cost of a litre of both diesel and petrol up...
  • Gasoline tops $3 a gallon for first time at Christmas

    12/24/2010 9:09:21 AM PST · by massmike · 71 replies · 1+ views
    dailyfinance.com ^ | 12/24/2010 | David Schepp
    It may be the happiest season of the year,but higher oil prices that have translated into gas prices topping $3 a gallon have many motorists frowning.
  • Six Forces that will Push Gold Higher Into 2011

    12/03/2010 2:30:53 PM PST · by SeekAndFind · 30 replies · 1+ views
    iStockAnalyst ^ | 12/03/2010 | Sean Broderick of ETF News Daily
    Gold recently logged a 25% gain so far this year, and many people think it's time to bank gains and head for the benches. While I'm never opposed to grabbing nice gains, I think there are much NICER gains to come in gold. I can give you a list of forces I've told you about before — lack of new supply, new and surging demand from gold ETFs, the world's central banks switching from net sellers to net buyers, and more.But today, I want to tell you about six more forces that will keep the heat on gold at...
  • GM Stock Price Live Feed (fun to watch today)

    11/19/2010 8:09:08 AM PST · by catnipman · 32 replies
    marketwatch ^ | 11/19/2010 | NYSE
    Watch live feed of GM stock price!
  • 'Veterans Paid the Price, Cut Debt Elsewhere,' Says The American Legion

    11/18/2010 11:20:18 AM PST · by Nachum · 10 replies
    pr newswire ^ | 11/18/10 | American Legion
    INDIANAPOLIS, Nov. 18, 2010 /PRNewswire-USNewswire/ -- "There they go again," said The American Legion's National Commander Jimmie Foster about the recommendations of two debt reduction commissions which would decrease military retirement benefits. "Every time Washington wakes up with a deficit hangover after decades of spending binges, those who study the serious problems of our national debt can't resist the easy but unfair route of trying to balance the budget on the backs of veterans. It is unfair and if these ridiculous proposals are passed into law, it will hurt America's ability to defend itself from our enemies." One panel, chaired...
  • Anti-gold fever (The price of Gold is sending us a message we should not ignore)

    11/11/2010 5:34:05 PM PST · by WebFocus · 28 replies
    Financial Post ^ | 11/11/2010 | Terence Corcoran
    Nothing matches monetary theory and currency issues as a source of delirium among economists. As the G20 gets underway today in South Korea, name-calling has taken the place of diplomacy. The German Finance Minister called the U.S. Federal Reserve’s US$600-billion money-printing operation “clueless,” while Bank of Canada governor Mark Carney says he has “absolute confidence” in the program. Somebody mentioned gold, and the swords are drawn again. Not a chance, said Mr. Carney. A good idea, said Robert Skidelsky, a leading Keynesian who says it’s a golden opportunity to reform the world monetary system. Meanwhile, the man who started the...
  • Your Mind Should Be Blown By Silver (Silver approaches $30/oz, leaving Gold behind in price race)

    11/09/2010 10:59:23 AM PST · by WebFocus · 9 replies
    Business Insider ^ | 11/09/2010 | Joe Weisenthal
    Gold is getting crushed today, when priced in silver. This move is insane. Silver is up over 4%, compared to less than 1% in gold.
  • Oil price hits six-month high of $83.45

    11/01/2010 12:48:04 PM PDT · by Nachum · 7 replies · 2+ views
    BBC News [UK] ^ | 11/1/10 | Staff
    The price of oil has hit a six-month high after encouraging manufacturing data in the US and China boosted confidence in the global recovery. US light crude oil rose by $2 (Ł1.25) a barrel or 2.5%, to $83.45, while London Brent rose by $1.90 to $85.04 a barrel. Figures showed that the US manufacturing sector accelerated faster than expected in October, thanks to strong new orders and exports.
  • A Possible Model for the Price of Gold (How to determine if prices are too high or too low)

    10/24/2010 3:55:38 PM PDT · by SeekAndFind · 18 replies · 1+ views
    Crossing Wall Street ^ | 10/21/2010 | Eddy Elfenbein
    One of the most controversial topics in investing is the price of gold. Eleven years ago, gold dropped as low as $252 per ounce. Since then, the yellow metal has risen more than five-fold, easily outpacing the major stock market indexes—and it seems to move higher every day.Some goldbugs say this is only the beginning and that gold will soon break $2,000, then $5,000 and then $10,000 per ounce.But the question is, “How can anyone reasonably calculate what the price of gold is?” For stocks, we have all sorts of ratios. Sure, those ratios can be off…but at least they’re...
  • Spot gold hits record $1,318.40/oz in Europe trade

    10/01/2010 7:07:18 AM PDT · by WebFocus · 5 replies
    Marketwatch ^ | 10/01/2010 | Chris Oliver
    Spot gold prices set a fresh record of $1,318.40 per ounce in European electronic trading on Friday, and were recently quoted at $1,315.90 an ounce, up $6.40 from its closing level in New York Thursday.
  • Fisher-Price Toy Recall

    09/30/2010 7:19:16 AM PDT · by Ellendra · 41 replies
    ABC News ^ | 9-30-2010 | Lee Ferran
    More than 10 million children's toys have been recalled by the U.S. Consumer Product Safety Commission, in cooperation with the toys' manufacturer Fisher Price, the CPSC announced today.
  • History Says Silver Is Cheap

    09/14/2010 10:51:05 AM PDT · by SeekAndFind · 27 replies
    Forbes ^ | 09/14/2010 | Garbiel Wisdom
    “If the price ratio between [gold and silver] were to revert back to it’s historical average, then silver prices would outperform gold by more than 2 to 1. In fact, the physical ratio of silver to gold in the earth’s crust is 16 to 1. During the inflationary 1970’s, the ratio between gold and silver prices was at exactly 16:1…mirroring the proportions in which the two metals occur in nature.” –The Little Book of Commodity Investing, by John Stephenson (Wiley) With gold currently trading around $1250 per ounce, and silver just above $19, the current ratio of gold’s price to...
  • Gold's price could rise above 1,300 in 2010 (record high)

    09/14/2010 10:46:24 AM PDT · by SeekAndFind · 21 replies
    Reuters ^ | 09/14/2010
    (Reuters) - Gold could rally above $1,300 an ounce this year, setting successive all-time highs, as uncertainty about economic recovery and a sovereign debt crisis stoke investment interest, according to a closely watched industry report released Tuesday. Investment demand in gold should benefit from the threat of inflation as central banks cut interest rates to the bone to battle double-dip recession and high unemployment, respected metals consultancy GFMS Ltd said in its Gold Survey 2010 Update. "I think we could easily see gold spike comfortably above $1,300 before the year's out ... further gains in 2011 are far from out...
  • Foreign Demand For U.S. Wheat to Rise 36%

    08/12/2010 4:13:09 PM PDT · by goldendays · 41 replies · 1+ views
    online.wsj.com ^ | SCOTT KILMAN, ILAN BRAT And LIAM PLEVEN
    The drought decimating Russia's grain crop is helping put more money into the pockets of U.S. farmers and leaving the world more dependent on the U.S. harvest. The U.S. Agriculture Department said Thursday it expects U.S. wheat exports to soar 36% amid higher prices, and in a rare move raised its one-month-old harvest forecasts and price forecasts for several major U.S. crops, including wheat, corn, and soybeans at the same time. "The U.S. is an island of supply in a year of very big demand," said Daniel W. Basse, president of AgResource Co., a Chicago commodity forecasting concern. Higher prices...
  • Republicans seek to handcuff Democrats in lame-duck session

    08/08/2010 2:10:13 PM PDT · by jazusamo · 55 replies · 1+ views
    The Hill ^ | August 8, 2010 | Molly K. Hooper
    The House will vote next week on a Republican measure that would prevent Democratic leaders from passing controversial policy initiatives during a lame-duck session of Congress this year. Republican Study Committee (RSC) Chairman Rep. Tom Price (Ga.) introduced the privileged resolution last Thursday in response to reports that Democratic leaders told their base that they could move big-ticket legislation after the November elections and before the new Congress convenes in January. Price explained that his resolution says that a lame-duck session should not occur unless there were to be a national emergency. “When [Senate Majority Leader] Harry Reid [D-Nev.] and...
  • At least one Republican tries to expose the Lame Duck Democrat session

    07/29/2010 4:19:32 PM PDT · by CincyRichieRich · 14 replies · 2+ views
    Drudge Report via Republican Study Committee ^ | 7-29-10 | Tom Price (R- GA) office
    Washington, Jul 29 - Republican Study Committee Chairman Tom Price (R-GA) issued the following statement after offering a resolution on the floor of the House of Representatives calling on Congress not to hold a lame duck session after Election Day for the purpose of passing hugely unpopular legislation like a national energy tax, enormous deficit spending bills, and the kickback to Big Labor known as “Card Check.”
  • Prices rise as New Zealand passes emissions trading scheme

    07/04/2010 8:22:43 PM PDT · by bruinbirdman · 11 replies
    The Telegraph ^ | 7/1/2010 | Paul Chapman
    Petrol and power prices have risen sharply in New Zealand after the government introduced a controversial emissions trading scheme. The government has pressed ahead with plans to slash the nation's carbon output, despite widespread opposition and New Zealand's larger neighbour Australia shelving its own scheme. Motorists were hit by a 3c (1.4p) rise in the price of a litre of petrol overnight, while householders face a 5 per cent increase in gas and electricity prices. It was the first step in a complex scheme, universally referred to as "the ETS", to slash carbon emissions back to 1990 levels. Some disgruntled...
  • Out With Rationing, in With Price Controls -Britain's 'reform' will do little to improve access ..

    05/25/2010 11:38:31 AM PDT · by Nachum · 2 replies · 252+ views
    wsj ^ | 5/25/10 | editor
    David Cameron's new coalition promised last week to reform Britain's drug-rationing body so that "all patients can access the drugs and treatments their doctors think they need." If this sounds too good to be true from the NHS, that's because it is. The scheme's "value-based pricing" carries the whiff of market-based reform, but when decoded it means the opposite. "Value-based pricing" translates to expanding Westminster's power to limit pharmaceutical prices.
  • NRCC co-chairman predicts Republicans will gain 56 seats

    04/11/2010 4:59:53 PM PDT · by Forgiven_Sinner · 36 replies · 1,097+ views
    The Hill ^ | 04/10/10 03:17 PM ET | By Aaron Blake
    - NEW ORLEANS – A top House Republican campaigner says his party is set to gain more seats than it won in the 1994 election. Rep. Tom Price (R-Ga.) told the Ballot Box that he has pegged the GOP gains in this year’s election at 56 seats, which would be more than the 54 it won in its landslide election 16 years ago. It would also be more than enough to regain the majority the party lost in 2006 (which requires a 40-seat gain). “I’ve got us at 56 seats right now,” said Price, who is chairman of the conservative...
  • French debt coming under investor scrutiny(risk premium too low?)

    03/05/2010 7:39:28 AM PST · by TigerLikesRooster · 5 replies · 310+ views
    Reuters ^ | 03/05/10 | Jeremy Gaun
    French debt coming under investor scrutiny 7:33am EST By Jeremy Gaunt, European Investment Correspondent - Analysis LONDON (Reuters) - French debt looks set to come under pressure in the near future with investors battered by the Greek crisis arguing it is pricey and does not reflect France's growing indebtedness. As a result, other euro zone paper, including Germany's and -- perhaps surprisingly -- Italy's, could be in for a filip. The gist is not that France's economy is under any immediate Greece-like default stress, but the cost of its bonds -- and the cost of insuring them -- does not...
  • Biden says Iraq war wasn't worth `horrible price'

    02/14/2010 9:48:14 AM PST · by Nachum · 26 replies · 842+ views
    breitbart ^ | 2/14/10 | AP
    WASHINGTON (AP) - Vice President Joe Biden says the Iraq war hasn't been worth its "horrible price." He says the war was mishandled from the outset and that the U.S. took its eye off the ball. As a result, he says the U.S. was left in a more dangerous position in Afghanistan, where al-Qaida hatched the Sept 11 attacks.
  • Katie Price is the belle of the ball in her Disney-esque gown as she attends Vienna Opera Ball

    02/12/2010 10:48:16 AM PST · by C19fan · 28 replies · 1,254+ views
    Daily Mail ^ | February 12, 2010 | Staff
    As the biggest night in Austria's social calendar, the annual Vienna Opera Ball draws royalty and aristocrats from around the continent to Austria's capital. So when Katie Price waltzed into the Vienna State Opera House last night, the elite in attendance could have been forgiven for wondering just how a glamour model scored an invite to such a prestigious event. Wearing a baby blue strapless ballgown and dripping with diamonds, Jordan lived out her princess fantasies as she arrived as the guests of Austrian entrepreneurs Irene and Alexander Mayer.
  • Hamas' 54 Democratic Congressmen

    01/28/2010 4:33:09 PM PST · by Salem · 15 replies · 803+ views
    Sultan Knish blog ^ | 26 January, 2010 | Daniel Greenfield - Sultanknish
    Keith Ellison, widely hailed as America's first Muslim congressman, could more accurately be described as CAIR and Hamas' man in Congress. Congressman Ellison has been a regular presence at CAIR fundraisers and at pro-Hamas rallies in the United States. As a former member of Farrakhan's Nation of Islam , Ellison has enough anti-semitic and Islamist credentials to satisfy anyone, and had expressed openly anti-semitic beliefs in the past. Since Ellison got his start with CAIR , his attempt to provide support for Hamas is completely unsurprising. Both Hamas and CAIR are projects of the Muslim Brotherhood, which also helped...
  • Saw my first ad for a sub $500 notebook running Win 7

    01/28/2010 10:04:47 AM PST · by DGHoodini · 14 replies · 552+ views
    Buy.com ad | Thurs, Jan 28, 2010 | DGHoodini
    Just saw my first ad fior a sub $500 full fledged 15" screen notebook today....Just commenting, on the evolution in pricing. When Win 7 first came out, you couldn't find a notebook with it for under $700. I guess the OEMs have finally cleared out most of their back stock of Vista licenses, and PCs that can't handle Win 7. I'll expect we'll be seeing better deals on laptops with Win 7 coming out soon. If for no other reason than to compete better with iPad prices. Why buy crippleware when the full real deal costs the same or less?
  • Apple unveils $499 tablet with AT&T data plans

    01/27/2010 11:42:17 AM PST · by camerongood210 · 55 replies · 1,415+ views
    KMPH ^ | January 27, 2010 | Associated Press
    <p>SAN FRANCISCO (AP) - Apple will sell its newly unveiled tablet-style iPad starting at $499.</p> <p>The iPad resembles an iPhone, but larger. Apple will sell some iPad models with data plans from AT&T, with no contract required.</p> <p>Apple Inc. will have to convince consumers, many of whom already have Internet-connected phones, computers and TVs, that they'll want to pay that much for such a device, when many small, lightweight "netbooks" cost less than $400.</p>
  • Trustee's speech to kids turns into sex talk

    01/25/2010 11:32:30 AM PST · by DFG · 68 replies · 2,232+ views
    HITCHCOCK — What was supposed to be a motivation speech to a collection of sixth- through eighth-grade girls at Crosby Middle School instead turned into an explicit sex talk, including descriptions on how to perform oral and anal sex, Hitchcock school officials said. The motivational speaker turned out to be a Hitchcock school board member, Shirley Price. Hitchcock Superintendent Mike Bergman said the Jan. 15 pep talk was supposed to be a motivational speech. Price, who was born with physical handicaps, still managed to earn a doctoral degree and also won a seat on the school board. Bergman said when...
  • Russia sets minimum price for vodka

    01/02/2010 10:57:11 AM PST · by UAConservative · 24 replies · 845+ views
    Yahoo News (AP) ^ | January 2, 2009
    <p>MOSCOW – The price of the cheapest vodka on the Russian market more than doubled Friday as the government set a minimum price in an effort to fight rampant alcoholism.</p> <p>Drinking causes an extraordinary number of deaths in Russia, where male life expectancy is about 60 years, and it contributes to an array of economic and social problems.</p>
  • Revealed: 50 oil tankers loitering off British coast as they lie in wait for fuel price hikes

    11/20/2009 10:03:17 AM PST · by autumnraine · 55 replies · 1,828+ views
    Daily Mail Online ^ | 11/20/2009 | David Derbyshire, Andrew Levy and Ray Massey
    More than 50 oil tankers are anchored off Britain - pieces in a game in which the only winners are market speculators. The losers are the millions of British motorists paying over the odds for their petrol and diesel. After yesterday's report in the Daily Mail on how several so-called 'oil shark' tankers were moored near the Devon coast, dozens more vessels were revealed to be loitering off-shore. Some are carrying aircraft fuel or fuel for homes. Others are empty, waiting to be restocked before setting off around the globe. But according to industry experts, a significant number are 'oil...
  • Gold rushes to record high above $1,090/oz

    11/04/2009 7:58:31 PM PST · by SeekAndFind · 40 replies · 1,168+ views
    Forbes ^ | 11/4/2009
    Spot gold ran to a record high above $1,090 per ounce on Wednesday, latching on to a weaker dollar with continued support from the IMF's sale of gold to India's central bank. The dollar index declined 0.34 percent as investors awaited a Fed statement later on Wednesday. Spot gold hit a record high of $1,092.60 an ounce and was bid at $1,091.05 an ounce at 0915 GMT, compared with $1,084.50 late in New York on Tuesday. U.S. COMEX gold futures also hit an historic $1,093.70 in electronic trade, and were later up $7.40 at $1,092.40. Buying on the back of...
  • The "Buy Gold" Sales Pitches...

    09/28/2009 3:30:09 PM PDT · by maclogo · 48 replies · 1,484+ views
    Me, Myself & I | Maclogo
    Many gold companies use this ending line in their advertisements: "Gold has Never been worth Zero." Is that really the best ending sales pitch they could come up with? .
  • Bizarre Logic for High House Prices in China

    09/25/2009 6:07:24 AM PDT · by TigerLikesRooster · 5 replies · 405+ views
    The Epoch Times ^ | 09/14/09 | Luo Xi & Jin Xi
    Bizarre Logic for High House Prices in China Critics say claim that mothers-in-law are responsible masks political reality By Luo Xi & Jin Xi Epoch Times Staff Sep 14, 2009 One of the cartoons circulating online making light of Gu Yunchang's remarks. The man says "Mother-in-law, this clothing is most suitable for you to wear!" The writing on the clothing says "Rising houseprice scapegoat." (NTDTV) Chinese officials have been putting forward bizarre explanations for China’s rising real estate prices recently, with Secretary-General of the China Academy of Real Estate, Gu Yunchang, blaming the ever rising housing prices on mothers-in-law. Gu...
  • Democrats stifle Republican health care plans

    09/11/2009 6:13:14 PM PDT · by Scanian · 18 replies · 1,388+ views
    The Washington Examiner ^ | September 11, 2009 | Byron York
    Rep. Tom Price, the Georgia Republican who heads the House GOP Study Committee, came to President Obama's speech Wednesday night itching to make a point. Price, who also happens to be an orthopedic surgeon, has often heard the president accuse Republicans of criticizing Democratic health care proposals while having no plans of their own. He expected Obama to do the same Wednesday night. "We knew the president would at some point say something like, 'and the other side has no ideas,' " Price says. So Price and his Republican colleagues brought with them copies of the more than 30 health...
  • Point Counter Point Weekly Address

    08/23/2009 11:12:29 AM PDT · by fiscon1 · 182+ views
    The Provocateur ^ | 08/22/2009 | Mike Volpe
    The president spent this past weekly address "debunking the myths and distortions" of health care reform. In fact, his address wasn't very different than his op ed yesterday. He "debunked" the idea that illegals will be covered, abortions would be paid for and "death panels". Every time the president does this I think of what Kirsten Powers said about all of this "if you have to convince Americans that your health care plan won't kill grand ma, then your plan is in trouble". That
  • Sugar price increases put food makers on alert

    08/15/2009 1:17:52 PM PDT · by SeekAndFind · 15 replies · 1,379+ views
    Los Angeles Times ^ | 8/15/2009 | Jerry Hirsch
    Big companies warn of a shortage and ask the U.S. to ease import quotas. Domestic sugar producers say there's plenty available and that raising quotas could drive them out of business. The price of sugar on world markets has soared this year, prompting a coalition of the nation's largest food manufacturers to warn of a pending shortage and to ask the Agriculture Department to ease quotas on imports. But although prices have risen domestically and abroad, analysts say fears of empty supermarket shelves are overblown and that the gloomy outlook of big food companies is really part of a larger...
  • Houston Company Makes Gasoline out of Lawn Waste (We may have a true winner here)

    07/15/2009 7:14:27 AM PDT · by Freeport · 43 replies · 2,062+ views
    DailyTech ^ | July 14, 2009 10:56 AM | Jason Mick
    Biofuels are a controversial topic. Some support switching to using natural gas (primarily methane), a substance that is in great abundance in America. Others, particularly corn farmers and the U.S. Department of Agriculture suggest switching to an ethanol-based economy. Still others advocate using sugar cane in more limited ethanol or biodiesel deployments. All of these approaches, though, share fundamental inefficiencies -- they require a car engine redesign to full take advantage of them. Modern dual mode vehicles can lose 15 percent or more efficiency. Houston, Texas-based Terrabon believes they have the answer. They have refined and improved on a Texas...
  • Pickens: Oil Could Go to $300 a Barrel

    06/19/2009 11:07:40 AM PDT · by TLI · 50 replies · 1,544+ views
    Moneynews.com ^ | Friday, June 19, 2009 10:01 AM | Dan Weil
    . Legendary oil man T. Boone Pickens says that if the U.S. doesn’t take major steps to curb its reliance on foreign oil, the consequences will be drastic. “Let’s say in 10 years, you do nothing,” Pickens tells Fortune. “You will be importing 75 percent of your oil (up from 68 percent now), and you’ll be paying $300 a barrel.” .
  • Putting a price tag on health reform spreads unease ($1 trillion, $12 trillion - it's just money!)

    06/12/2009 4:48:08 PM PDT · by Libloather · 7 replies · 514+ views
    Putting a price tag on health reform spreads unease11. June 2009 22:09 Taxes, fees for business and spending cuts could help lawmakers pay the $1-trillion-plus cost of health reform, but those possibilities have spurred a behind-the-scenes lobbying fight on Capitol Hill, and caused a fair share of anxiety among many interest groups, the Los Angeles Times reports. For instance, Anchor Brewing Co., a San Francisco beer-maker, chocolate milk sellers and labor unions have all attacked lawmakers over new tax proposals for liquor, soft drinks and employer-sponsored benefits that would affect their industries. When Obama suggested raising money by cutting billions...
  • VIDEO: Chairman Tom Price with 1,073-page Non-Stimulus Text

    02/13/2009 9:08:16 AM PST · by lulubelle85 · 6 replies · 820+ views
    YouTube ^ | 2/13/09
    Watch this video from Chairman Tom Price as he receives the 1,000+ page stimulus bill at 11pm on February 13, 2009. He points out the length of the bill, handwritten notes slipped in at the last minute, etc. Incredible.... http://www.youtube.com/watch?v=A68eWFAbClA
  • House and Senate Republicans Unify Against 'Stimulus' Bill

    02/05/2009 7:33:06 AM PST · by 2nd amendment mama · 49 replies · 1,633+ views
    HumanEvents.com ^ | 2/5/2009 | Connie Hair
    Republican members of the House and Senate yesterday held a rare joint press conference to make a statement of solidarity and to give an update on the state of the “stimulus” spending bill that is being rushed through the Senate as if on roller skates. Sen. Jim DeMint (R-S.C.) co-hosted the presser with Rep. Tom Price (R-Ga.), the chairman of the Republican Study Committee. DeMint reamed the Obama administration and Democrat leadership for the hasty process and the bill’s content. “Americans are outraged that the Democrat majority has used our economic troubles in this country as an excuse to pass...
  • Gold is shifting from West to East – along with the balance of power

    01/22/2009 12:21:10 AM PST · by TigerLikesRooster · 21 replies · 1,340+ views
    Money Week ^ | 01/21/09 | Dominic Frisby
    Gold is shifting from West to East – along with the balance of power By Dominic Frisby Jan 21, 2009 What's going on with gold? Twice a day – at 10:30AM and 3PM - the price of gold is set on the London market by the five members of the London Gold Pool (HSBC, SocGen, Deutsche Bank, Scotia-Mocata and Barclays). This is known as the London fix and it's used as the benchmark to price gold, gold products and derivatives in markets around the world. I've been looking at some charts and an astonishing pattern has become apparent. It's a...
  • Gold Spikes,Obama Yikes!

    01/20/2009 7:37:30 AM PST · by STD · 31 replies · 1,611+ views
    Gold Prices Soar ^ | 1/20/09 | Self
    Before the trading day began Tuesday, spot prices for gold were trending sharply higher. By 10AM gold prices has reached $855 an ounce, up $25 dollars in two hours. Wall Street has already factored in the potential damage an Obama Presidency would have on the stock market. Wall Steet is always prepared for the movements in the price of stocks, bonds and commodities. Traders did not take into consideration how the Average Joe across the globe would respond to plans for a whole new bundle of worthless paperhanging of the US Dollar. Gold prices had been forecast to drop down...
  • Chávez reopens oil bids to West as prices plunge

    01/15/2009 7:28:49 AM PST · by DGHoodini · 47 replies · 1,399+ views
    International Hearald Tribune ^ | January 15, 2009 | Simon Romero
    CARACAS: President Hugo Chávez, buffeted by falling oil prices that threaten to damage his efforts to establish a Socialist-inspired state, is quietly courting Western oil companies once again. Until recently, Chávez had pushed foreign oil companies here into a corner by nationalizing their oil fields, raiding their offices with tax authorities and imposing a series of royalties increases. But faced with the plunge in prices and a decline in domestic production, senior officials here have begun soliciting bids from some of the largest Western oil companies in recent weeks - including Chevron, Royal Dutch/Shell and Total of France - promising...
  • Oil drops largest percentage in 7 years on crude build

    01/07/2009 4:23:49 PM PST · by dynachrome · 37 replies · 961+ views
    Reuters via Yahooooooooooo ^ | 1-7-09 | Rebekah Kebede
    NEW YORK (Reuters) - Oil prices slid 12 percent on Wednesday, the largest percentage drop in seven years, after a U.S. government report showed crude inventories rose much more than expected in the world's top energy consumer. Crude oil stocks swelled by 6.7 million barrels, the U.S. Energy Information Administration said, more than seven times the 900,000-barrel increase analysts had expected. Gasoline and distillate stocks also rose as refinery utilization climbed and demand remained sluggish. U.S. crude for February delivery settled at $42.63 a barrel, down $5.95 or 12.25 percent, the biggest single-day loss, percentage-wise, since prices plunged 15.25 percent...
  • The Cost of Cutting Carbon; Will putting a price on carbon increase the use of renewables?

    01/02/2009 8:11:19 AM PST · by Reaganesque · 3 replies · 371+ views
    MIT Technology Review ^ | 01/02/09 | Kevin Bullis
    The cheapest way to reduce carbon dioxide emissions is probably to put a price on them. One way to do that is a direct tax (see "Q&A"). Another is a cap-and-trade system, where the government sets an overall cap on emissions, but indi­vidual businesses trade emission allowances. But surprisingly, a carbon penalty may do little to increase reliance on renewable energy or reduce petroleum consumption. Putting a price on carbon would certainly reduce the use of conventional coal-fired power plants. Coal emits more carbon dioxide than other fossil fuels, and its price would more than double. But natural gas would...
  • "Price Is Right" Miracle, Drew Couldn't Care Less

    12/17/2008 11:55:26 AM PST · by Peace4EarthNow · 48 replies · 2,575+ views
    TMZ ^ | Wednesday, December 17, 2008
    One of the most unbelievable things ever happened on the set of the yesterday's "Price is Right" -- some dude nailed the price of his showcase to the exact dollar -- and host Drew Carey couldn't have looked more bored. No one has pulled off an exact bid in more than 30 years -- plus, the dude had already won $500 in cash for nailing the exact price of a cooker earlier in the show -- but after the showcase stunner, Drew was more fired up to talk about spaying and neutering pets. A TMZ spy who happened to be...
  • 3 Indicted In Alleged Coverup of D.C. Killing

    11/24/2008 11:57:58 AM PST · by OMON · 7 replies · 715+ views
    The Washington Post ^ | November 21, 2008 | Paul Duggan and Keith L. Alexander
    3 Indicted In Alleged Coverup of D.C. Killing By Paul Duggan and Keith L. Alexander Washington Post Staff Writers Friday, November 21, 2008; B01 Three men at the center of an enduring murder mystery in an elegant Dupont Circle townhouse have been indicted on obstruction of justice charges as police continue to investigate the slaying of Robert Wone, a rising star in Washington's legal community who was fatally stabbed two years ago while staying overnight at the home. One of the men, Dylan M. Ward, 38, was arrested in Florida three weeks ago after authorities filed an affidavit in court...
  • (Vanity) Local gas station today: Gas $2.69 per gallon.

    10/19/2008 2:45:12 PM PDT · by DGHoodini · 47 replies · 742+ views
    Me | 10/19/2008 | DGHoodini
    Just saw my mid Ohio local gas station advertising reg gas at $2.69 a gal!.. How's it going for you?
  • Crude oil prices fall to half of record($73.64: 50% down from peak)

    10/15/2008 6:10:22 PM PDT · by TigerLikesRooster · 40 replies · 1,008+ views
    UPI ^ | 10/15/08
    Crude oil prices fall to half of record Published: Oct. 15, 2008 at 6:18 PM NEW YORK, Oct. 15 (UPI) -- Crude oil prices fell to a penny more than half July's record price, retracting 50 percent on the New York Mercantile Exchange in just over three months. Crude oil fell $5.11 Wednesday to $73.64 per barrel, a 6 percent drop on the day, as unsettled economies continued to support investors' fears of falling demand. "The honeymoon relief package reaction now appears to be giving way to uncertainty over its impact on global demand," Mark Pervan, a senior commodity strategist...
  • Christian Courage: The Price of Discipleship [LDS Devotional]

    10/12/2008 8:18:30 AM PDT · by Reaganesque · 2 replies · 307+ views
    LDS General Conference, October 2008 ^ | 10/05/08 | Elder Robert D. Hales
    Answering our accusers in the Savior’s way. We have gathered together as one, we have taken upon us the name of Jesus Christ, and we are Christians. One of the questions we would ask: why then, if we have that love of the Savior, would someone want to be an antagonist or to attack us? Recently a group of bright, faithful young Latter-day Saints wrote down some of the most pressing questions on their minds. One sister asked, “Why doesn’t the Church defend itself more actively when accusations are made against it?” To her inquiry I would say that one...