Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: Jim Bishop who wrote (139082)	10/23/2004 3:56:24 PM
From: Rocket Red	Respond to of 150070

You like Gambling try this with a huge pay-off down the road Welcome to SCGS Great Investment Opportunity Registered with the Department of Treasury WE WILL ACCEPT CREDIT CARDS, C O D s, PERSONAL OR COMPANY CHECKS and we are Registered with the Department of Treasury. Receive 4% for referrals of orders over 500 $ U.S. People are scrambling to purchase as much as they can before the value elevates beyond their reach. Presidential Order #13303 has now made it legal for U.S. citizens to invest in Iraq. To see all the new US companies opening up in Iraq go to this site : Iraqi Stock Market Press Release June 7, 2004 “Bankers at the Bank of Nasariah, World Bank, are projecting the Dinar value to be .43 cents US per Dinar by the end of this year” . This would make a 25,000 NID bill worth $10,750.00 USD and 1,000,000 NID would be worth $430,000.00 USD. The United States is building the largest U.S. Embassy in the world in Baghdad ——— U.S. Embassy in Iraq Link Read what the U.S. State Department says about investing in Iraq here: U.S. State Department Article With the new Iraqi government in place the Dinar should gain faster than before. The prediction is that the Dinar will start trading with the world banks in November, at that time the cost of buying Dinar’s may become to expensive to invest in. Purchasing the New Dinar could be an opportunity of a life time since the New Dinar rose over 88% in the first half of 2004 and may well return to the pre-gulf war value of 1 Dinar being equal to $3 USD, making a new 25,000 Dinar worth $75,000.00 USD and 1,000,000 Dinar worth over $3,000,000.00. The Wall Street Journal reports that “the Dinar was worth 4000 to $1 USD on April 1st 2003” and by February 1st, 2004 it had risen to 1420 to $1 USD as of January 15th, 2004. Only the new Dinar can be used as currency today and the Iraqi government is destroying all of the old notes. Dinar values may skyrocket by years end. Printed in Britain, the new banknotes are designed with the most up-to-date anti-counterfeit features, which includes watermarks, raised letters, security thread, and an optical variable ink along with other variations to deter counterfeiters. Over 5% of to days wealth has been obtained with Foreign Currency Exchange. The Foreign Exchange market, also referred to as the “Forex” or “FX” market is the largest financial market in the world, with a daily average turnover of well over US$1 trillion—30 times larger than the combined volume of all U.S. equity markets. “Foreign Exchange” is the simultaneous buying of one currency and selling of another. Currencies are traded in pairs, for example Euro/US Dollar (EUR/USD) or US Dollar/Japanese Yen (USD/JPY). There are two reasons to buy and sell currencies. About 5% of daily turnover is from companies and governments that buy or sell products and services in a foreign country or must convert profits made in foreign currencies into their domestic currency. The other 95% is trading for profit, or speculation.

To: Jim Bishop who wrote (139082)	10/24/2004 9:17:28 PM
From: Rocket Red	Read Replies (1) \| Respond to of 150070

China desperately needs fuel to feed its red-hot economy. Is Canada its warehouse? Jason Kirby Financial Post Saturday, October 23, 2004 The move by state-run China Minmetals to buy Noranda Inc. is stoking fears of an all-out takeover of Canada's resource sector and a call for investment restrictions to be imposed on China. The country's super-heated growth has caught the world off guard and put acute demands on the country's resources. As a result, China is forced to look abroad to oil and mineral rich countries like Canada to feed its needs. "This is just the beginning," says David Hale, a noted China consultant and fund advisor in Chicago. "They're desperate for raw materials and they're prepared to pay a high price to get those materials. China will be looking for more resources in Canada." Indeed, China's foreign minister has said the government is pressing companies there to make investments in Canada's resource sector. China's demand for raw materials isn't a new story, but it bears repeating. The country consumes one-fifth of the world's annual copper production and as much as a quarter of zinc output. Industry analysts say the world has about 15 years of copper reserves and even less of zinc. The same story applies to metal after metal, driving commodity prices up 30% to 40% in the past year alone. China is just as starved for oil and gas to fuel its industries and cars. According to research by international fund manager Marc Faber, each Chinese consumes the equivalent of 1.7 barrels of oil a year, compared to more than 25 barrels a year in the United States. If demand in China's coastal region -- about one-third of the country -- rises to the per-capita levels of Japan and South Korea, Saudi Arabia's production would be consumed twice over. But nowhere has China's resource hunger been more immediately felt than in Canada, thanks to Minmetals' controversial $6-billion bid for Noranda, one of the world's largest nickel and zinc miners, and by extension its 59% stake in Falconbridge Ltd. Canada, of course, has all those resources and more. And there are plenty of companies for the Chinese to choose from. Among names some analysts pass around as possibly attractive to the Chinese are Inmet Mining Corp., which produces copper and zinc, and Teck Cominco Ltd., which mines those same metals plus coal and gold. Not since the 1970s when the Trudeau Liberals were faced with U.S. companies buying up huge swaths of Canada's oilpatch, has there been as much debate over whether to protect Canadian resources. In 1973 the threat of foreign takeovers was enough to prompt the Liberal minority government to create the Foreign Investment Review Agency. For a decade it put limits on foreign investments and raised the ire of American politicians and businesses that wanted to invest in Canada. Brian Mulroney's Progressive Conservative government closed the agency in 1984, but to listen to some opponents of China's interest in Canada's resource sector today, such drastic measures are needed again. Will Paul Martin follow in Trudeau's footsteps and slap limits on Chinese investment in Canada? The debate is already percolating within senior ranks of government. Senior federal civil servants such as Garry Nash, assistant deputy minister at Natural Resources Canada, argue World Trade Organization rules prevent Canada from treating China differently from any other trading partner. The WTO rules, "hang over everything we do,"Mr. Nash says. However, some trade experts think there is nothing stopping Canada from blocking the Noranda takeover. "Unlike France and Germany, Canada doesn't have a bilateral treaty with China," says Toronto trade lawyer Barry Appleton, whose clients include Canadian investors in China. "We could refuse the takeover and not break specific rules." That's the issue before Industry Minister David Emerson, who can stop the Noranda deal from moving forward. If Mr. Emerson decides the deal is not beneficial to Canada, he can halt the takeover, although it appears as if the goverment is in favour of the Minmetals proposal. The government is in a tough spot. If it grants China unfettered access to the nation's resources, will the Chinese continue to invest in the operations or simply bleed them dry? On the other hand, if Canada turns China away, it could sour trade relations with the emerging economic powerhouse. "From the standpoint of Canada, there's no real valid reason not to do the deal," says Mr. Hale in Chicago. "There's no threat to Canada's security or economic interests. It's really a straightforward economic transaction."