Hot Pick Of The Day

[New-born baby]

Su

Thanks NewBorn,
I don't mean to make work for you though, I thought you might be sitting on some in your own portfolio. I just took a look at the best performing precious metal funds out there and they are a sight for hindsight. UNWPX USERX OPGSX INIVX. Wow!!!
You sure seem might sure of SU. Does your "magic eight ball" give you a timeframe? (I must go back and read missed posts, you've probably already given one.)
Thanks for your help, this time and many past.

SU is a Canadian Oil Sands company. IF oil rises to $80, SU will probably hit $110. Right now oil is about $67.

You know, let's say SU doesn't rise to $82. It is $81 now. What should we do?
Sell the JAN 07 $80 call for $13 and relax. A lot of safety here, NOshadylady

[noshadyldy]

Thanks for the direction, NB. I really appreciate it!

[Adman]

SU is a Canadian Oil Sands company. IF oil rises to $80, SU will probably hit $110. Right now oil is about $67.

You know, let's say SU doesn't rise to $82. It is $81 now. What should we do?
Sell the JAN 07 $80 call for $13 and relax. A lot of safety here, NOshadylady

NBB, also take a look at USO, coming out Monday morning. It's the oil ETF, that will be (supposedly) in lock step with oil, hense, giving one the ability to take advantage, without having to buy the futures.

[New-born baby]

NOshadylady

Okay, NOshadylady, here you go:

Suggest the ETFs: GLD, IAU. Canadian Miner CDE has been well recommended as well. Also, Silver miner SLW. Silver ETF will be out soon I've heard...SLV will be ticker. Crude Oil ETF out next week: USO.

Me, I am black gold all the way.

[New-born baby]

SU and C

Citibank says:
Citigroup Inc. initiated coverage on four companies in the Calgary oil patch, slapping “hold” ratings on Canadian Oil Sands Trust, Imperial Oil Ltd. and Shell Canada Ltd. and Suncor Energy Inc. with a “buy.”

In a report released Thursday, analyst Doug Leggate said Suncor, the world's second-largest oil sands miner, stands out among the major oil companies because of a strategy that revolves around “abundant” oil sands resources, as well as aggressive growth targets.

“After a year of operational difficulties, 2006 should be a year of recovery, providing earnings with full leverage to oil prices and driving sector leading per share earnings growth of over 90 per cent over 2005,” he said, calling the company “the growth story in the sector” that justifies his $100 target price.

Shares of Suncor fell 43 cents or 0.5 per cent to $93.87 in Toronto Friday.

Read all about it here

[noshadyldy]

Okay, NOshadylady, here you go:

Suggest the ETFs: GLD, IAU. Canadian Miner CDE has been well recommended as well. Also, Silver miner SLW. Silver ETF will be out soon I've heard...SLV will be ticker. Crude Oil ETF out next week: USO.

Me, I am black gold all the way.

Thanks NB. Why is it that you are black gold all the way? do you find it more stable?

[New-born baby]

NO-shadylady

Thanks NB. Why is it that you are black gold all the way? do you find it more stable?

Gold is probably going to $3000 USD per ounce. That's what the chart says. It may take 3 years to get there, but its going there imo. You would do well to buy gold.

I am black gold all the way because I've made very good money in it. I've never bought any gold, but almost all my portfolio is in the black gold. I find the safety and the profit has been very good right here. So I have not found any reason to switch horses.

[noshadyldy]

Gold is probably going to $3000 USD per ounce. That's what the chart says. It may take 3 years to get there, but its going there imo. You would do well to buy gold.

I am black gold all the way because I've made very good money in it. I've never bought any gold, but almost all my portfolio is in the black gold. I find the safety and the profit has been very good right here. So I have not found any reason to switch horses.

$3,000 an ounce! HOLY APOCOLYPSE! I would think that in a world where gold was $3,00 an ounce, things would be pretty messed up. So the question I've actually wondered about more than once is this - in such a world, would a stock still be a worthy investment to be holding or do you mean buy the REAL stuff? And isn't there a legal limit on that? Interesting.....

[Adman]

Gold is probably going to $3000 USD per ounce. That's what the chart says. It may take 3 years to get there, but its going there imo. You would do well to buy gold.

I am black gold all the way because I've made very good money in it. I've never bought any gold, but almost all my portfolio is in the black gold. I find the safety and the profit has been very good right here. So I have not found any reason to switch horses.

Concur. Gold has been the place to be since we went off the $35oz standard in the 70's.
I've held 12% of my personal portfolios in gold since 1988, and never had to look back.

[Adman]

BTW- Here's one to sink your teeth into over the weekend: AAUK, Anglo American, PLC. Could be the sleeper amond the golds.

[New-born baby]

the Chart says

$3,000 an ounce! HOLY APOCOLYPSE! I would think that in a world where gold was $3,00 an ounce, things would be pretty messed up. So the question I've actually wondered about more than once is this - in such a world, would a stock still be a worthy investment to be holding or do you mean buy the REAL stuff? And isn't there a legal limit on that? Interesting.....

The gold chart has a cup with handle and breakout. Yup, it's a ten year chart, but I tell you the USA is in real trouble. Why? Because our politicians continue to print and spend money that we don't have. Free health care. Wars. Free 'earned income credits.' etc. Somebody has to pay for it all. Right now foreign governments do, but that will end fairly soon. You see, we sent most of our manufacturing overseas. Much of our oil comes from foreign countries. As soon as they figure out that they don't need our fiat money, the USA becomes a second or third or fourth rate power among the nations.
And our money will not be good anymore. That's why the chart says $3000 per ounce.

[noshadyldy]

Yes, I've done reading on fiat money. Unbelievable! Now... are you and adman mainly talking gold or gold stock?
thanks.

[skiracer]

The gold chart has a cup with handle and breakout. Yup, it's a ten year chart, but I tell you the USA is in real trouble. Why? Because our politicians continue to print and spend money that we don't have. Free health care. Wars. Free 'earned income credits.' etc. Somebody has to pay for it all. Right now foreign governments do, but that will end fairly soon. You see, we sent most of our manufacturing overseas. Much of our oil comes from foreign countries. As soon as they figure out that they don't need our fiat money, the USA becomes a second or third or fourth rate power among the nations.
And our money will not be good anymore. That's why the chart says $3000 per ounce.

NBB,
The USA is the driving force behind the world economy. As bad as our credit and trade deficit seems there is no other country in the world ready to step up into our shoes and take our place. Give it some serious thought and who would be taking our place. Anyone in the European countries. Who in Asia besides maybe Japan who is more dependent upon others for their base materials in manufacturing goods than we are. We might be in a bad patch right now but if we had to come up with a new energy plan you can bet your last dollar we would find something that would take us out from under relying on anyone or anything for what we need. No other country on this planet is as adaptable or as inventive as we are when it comes down to the nitty gritty of survival or fighting for ourselves. Anyway we could just take what we want being the strongest country on the planet and the rest of the world will have to follow suit. That's the very bottom line.

[New-born baby]

It's the real thing

Yes, I've done reading on fiat money. Unbelievable! Now... are you and adman mainly talking gold or gold stock?
thanks.

GOLD. That's the real thing. It's the difference between a billfold and cash.

[New-born baby]

:d

NBB,
The USA is the driving force behind the world economy. As bad as our credit and trade deficit seems there is no other country in the world ready to step up into our shoes and take our place. Give it some serious thought and who would be taking our place. Anyone in the European countries. Who in Asia besides maybe Japan who is more dependent upon others for their base materials in manufacturing goods than we are. We might be in a bad patch right now but if we had to come up with a new energy plan you can bet your last dollar we would find something that would take us out from under relying on anyone or anything for what we need. No other country on this planet is as adaptable or as inventive as we are when it comes down to the nitty gritty of survival or fighting for ourselves. Anyway we could just take what we want being the strongest country on the planet and the rest of the world will have to follow suit. That's the very bottom line.

Ski,
I know a lot of people think like you do. My view is that China is a very real threat. They'll take what they can from us now--use us to build their economy--and we might have to fight them later when they feel they no longer need us.

Whether that happens or not, I don't know. But I do know this: fiat money, being a creditor nation rather than a debt nation, and letting the environmentalists dictate energy policy here, all leave us vunerable to the whims of other nations--nations who may not always be our friends.

I sincerely hope that I am very wrong. My Bible teaching tells me that I am not.