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.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (37158)	9/14/2005 6:26:32 PM
From: mishedlo	Read Replies (1) \| Respond to of 116555

We can't afford our gasoline Thus is hilarious toccionline.kizash.com

To: patron_anejo_por_favor who wrote (37158)	9/14/2005 6:29:22 PM
From: orkrious	Read Replies (1) \| Respond to of 116555

OTOH why were gold stocks up 4-5% today with a flat dollar? Hmmmmmmmm..... You're looking at the birth of the next bubble. Bob Hoye has gone back 500 years and shown that if history repeats itself, the dollar is likely to remain strong for a while. At the same time, gold is going to do very well. The gold/dollar relationship is going to change. In fact, for the last month or so gold has performed well while the dollar has hung in there.

To: patron_anejo_por_favor who wrote (37158)	9/14/2005 6:36:49 PM
From: mishedlo	Read Replies (1) \| Respond to of 116555

From Heinz i find it amazing that they don't try to find out if the securities are available BEFORE they short them. i as an individual investor have often enough had my broker refuse me a short sale because he was unbale to locate any securities for borrowing. there never was any question that that's a sine qua non. how can holders of the t-note be 'forced' (this is what 'persuasion' by the Fed amounts to) to lend it out? if they own it fair and square, it's up to them what they do with it. lastly, the fact that open interest in the t-note (and for that matter, in many commodity markets) future apparently far exceeds the physical supply of the underlying that can be used for delivery can probably only be fixed by introducing cash settlement. otoh, this opens up the possibility of other avenues of manipulation, as Butler alleges in the silver market. his argument may be weak, but anyway, it is that the dealer short selling of silver futures contracts by far exceeds the physical supply that they could possibly deliver if called upon. thus he argues, their selling of 'paper silver' amounts to a price manipulation scheme. i don't agree 100% for a variety of reasons (inter alia, there is probably some netting out of otc contracts that refer to silver still in the ground), but i can see how it would be in theory possible to manipulate the market in this manner.

To: patron_anejo_por_favor who wrote (37158)	9/14/2005 6:43:51 PM
From: mishedlo	Read Replies (2) \| Respond to of 116555

WASHINGTON (Reuters) - A bipartisan group of House lawmakers on Wednesday introduced a bill that would require automakers to boost the fuel efficiency of new vehicles to an average 33 miles per gallon over the coming decade from the current 25 mpg. Hurricane Katrina's effect on U.S. gasoline supplies is a wake-up call for the nation to begin trying to slow oil demand growth, the lawmakers said. The United States is the world's biggest consumer of oil, and most of it is used for transportation. New York Republican Sherwood Boehlert and Massachusetts Democrat Ed Markey said the stricter mileage standard proposed in their legislation would save an estimated 2.6 million barrels of oil per day by 2025. Environmental groups and many Democrats have called for stricter mileage standards for years but U.S. automakers have resisted, saying such changes would be costly to make and could result in lighter, less-safe vehicles for consumers. Last week, the Republican head of the Senate Energy Committee made a surprising plea for lawmakers to take a closer look at mileage requirements, also known as the Corporate Average Fuel Economy (CAFE) standards. Sen. Pete Domenici (news, bio, voting record) said stricter standards may be needed as one of several ways to ease rising gasoline costs for consumers. "Without a doubt, the biggest beneficiaries of this bill will be the American consumers. They are sick and tired of paying skyrocketing prices for gasoline. They want relief," Boehlert said in a statement. The stricter standards mean that buyers of sport utility vehicles and pick-up trucks could save an estimated $2,000 in fuel costs over the life of the vehicle, based on a retail gasoline price of $2 a gallon, the lawmakers said. The legislation would also strengthen national security by reducing the growth in imported oil, he said. The United States consumes nearly 21 million barrels per day of oil, and more than half must be imported. "This bill, more so than any provision in the recently-enacted energy bill, will lessen that dependence," Boehlert said. The lawmakers cited a 2002 National Academy of Sciences study which said technologies already exist to squeeze more mileage out of a gallon of gasoline, without sacrificing safety. Boehlert also noted U.S. automakers recently signed a voluntary agreement with Canada on greenhouse gas emissions that effectively raises fuel efficiency by 25 percent for vehicles sold in that country. The bill would allow the Transportation Department to set separate mileage standards based on vehicle sizes, as long as the overall average of the fleet is at least 33 mpg. The House measure is sponsored by ten Republicans, including Ray LaHood of Illinois and Jim Leach of Iowa, and eight Democrats. news.yahoo.com

To: patron_anejo_por_favor who wrote (37158)	9/14/2005 6:56:14 PM
From: mishedlo	Read Replies (1) \| Respond to of 116555

Christian conservatives argue summer hit movie "March of Penguins" affirms traditional norms like monogamy, sacrifice and child rearing. www.nytimes.com/2005/09/13/science/13peng.html?pagewanted=1 OK. But what about all the gay penguins? Love That Dare Not Squeak Its Name New York Times, February 7, 2004, Roy and Silo, two chinstrap penguins at the Central Park Zoo in Manhattan, are completely devoted to each other. For nearly six years now, they have been inseparable. They exhibit what in penguin parlance is called "ecstatic behavior": that is, they entwine their necks, they vocalize to each other, they have sex. Silo and Roy are, to anthropomorphize a bit, gay penguins. When offered female companionship, they have adamantly refused it. And the females aren't interested in them, either. Zoo tempts gay penguins to go straight A German zoo has imported four female penguins from Sweden in an effort to tempt its gay penguins to go straight. www.ananova.com/news/story/sm_1275591.html Researchers find 'gay penguins' (Tokyo) A research group led by Keisuke Ueda, professor of behavioral ecology at Rikkyo University in Tokyo, found about 20 same-sex pairs at 16 major aquariums and zoos, Kyodo news agency said. www.heraldsun.news.com.au/common/story_page/0,5478,11781522%255E1702,00.html