Re: US$ Sending Aircraft carriers to Georgia....
in response to
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HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
Message: US$ Sending Aircraft carriers to Georgia....
Rock Gold - Oversold....Buy! Gold Thoughts By Ned W. Schmidt In most recent Trading Thoughts we reported that the largest purchases of U.S. government debt by foreign official institutions had occurred in the prior week. Initially, reason for those purchases was a mystery. That is, until Russia decided to crush Georgia militarily. Russian army does not move into invasion mode without some prior preparations. Someone knew what was to happen. Massive amount of money flowed, at a $1.4+ trillion annual rate, into U.S. debt in less than a week. Those financial transactions had two ramifications. First, a shortage of dollars was created which caused value of dollar to spike upward. Second, as payments for those bonds were made, a massive amount of liquidity flowed into the Street. That excessive liquidity quickly flowed into financial markets, causing a 300+ point DJIA rally. As news of the Russian mini-blitzkrieg spread, others fled to the dollar. As this week's chart shows, U.S. dollar spiked upward on this panic buying. U.S. dollar is now as over bought as it has been. Note that each time dollar has spiked upward, another down leg was not too far off. Why does this happen? Most Forex trading systems are nothing more than momentum models. Some time is required to turn such models bullish. By the time they turn bullish, the move is old and they come in late. With the U.S. dollar incredibly over bought, Gold is on the bargain table. Rarely have we witnessed Gold this over sold for this long. Investors should be buying Gold while funds are pushing dollar to unsustainable levels. With “Putin, the Terrible” running rampant in Russia and calendar moving toward Israel's “Window of Necessity” on Iran, Gold is a must for portfolios. Ned W. Schmidt
Rarely have we witnessed Gold this over sold for this long. Investors should be buying Gold while funds are pushing dollar to unsustainable levels. With “Putin, the Terrible” running rampant in Russia and calendar moving toward Israel's “Window of Necessity” on Iran*,
* see ma earlier post 'bout 3 flotillas of US Naval forces enterin' Mid-East area, next week.
Just da way I see dat!
HardRock
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Aug 13 2008 9:15AM
CFA,CEBS,
publisher of The Value View Gold Report
====================
Rock Radar - 5 Naval Forces in Gulf
Heads up................3 Flotillas movin' in.
Just da way I see dat!
HardRock
===================================
Three major US naval strike forces due this week in Persian Gulf
DEBKAfile Special Report
August 12, 2008, 10:04 PM (GMT+02:00)
New America armada around Iran
DEBKAfile’s military sources note that the arrival of the three new American flotillas will raise to five the number of US strike forces in Middle East waters – an unprecedented build-up since the crisis erupted over Iran’s nuclear program.
This vast naval and air strength consists of more than 40 carriers, warships and submarines, some of the last nuclear-armed, opposite the Islamic Republic, a concentration last seen just before the US-led invasion of Iraq in 2003.
Our military sources postulate five objects of this show of American muscle:
1. The US, aided also by France, Britain and Canada, is finalizing preparations for a partial naval blockade to deny Iran imports of benzene and other refined oil products. This action would indicate that the Bush administration had thrown in the towel on stiff United Nations sanctions and decided to take matters in its own hands.
2. Iran, which imports 40 percent of its refined fuel products from Gulf neighbors, will retaliate for the embargo by shutting the Strait of Hormuz oil route chokepoint, in which case the US naval and air force stand ready to reopen the Strait and fight back any Iranian attempt to break through the blockade.
3. Washington is deploying forces as back-up for a possible Israeli military attack on Iran’s nuclear installations.
4. A potential rush of events in which a US-led blockade, Israeli attack and Iranian reprisals pile up in a very short time and precipitate a major military crisis.
5. While a massive deployment of this nature calls for long planning, its occurrence at this time cannot be divorced from the flare-up of the Caucasian war between Russia and Georgia. While Russia has strengthened its stake in Caspian oil resources by its overwhelming military intervention against Georgia, the Americans are investing might in defending the primary Persian Gulf oil sources of the West and the Far East.
DEBKAfile’s military sources name the three US strike forces en route to the Gulf as the USS Theodore Roosevelt , the USS Ronald Reagan and the USS Iwo Jima . Already in place are the USS Abraham Lincoln in the Arabian Sea opposite Iranian shores and the USS Peleliu which is cruising in the Red Sea and Gulf of Aden.
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