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 : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (58722)	4/19/2006 11:52:22 AM
From: Wyätt Gwyön	Read Replies (1) \| Respond to of 110194

Iranian President Mahmoud Ahmadinejad said Wednesday that crude oil prices were still below their real value, state-run Tehran radio reported. "The global oil price has not reached its real value yet," the report quoted Ahmadinejad as saying. "The products derived from crude oil are sold at prices dozens of times higher than those charged by oil producing countries," he added. breitbart.com

To: ild who wrote (58722)	4/19/2006 8:13:34 PM
From: Wyätt Gwyön	Read Replies (2) \| Respond to of 110194

i think the PMs are much more popular than Heinz gives them credit for. they have a huge fan base among hedge funds and other institutionalized investors, despite being one of the worst destroyers of capital among all industry groups. hell, even Creamer is touting the gold stocks like KRY, gold/copper like FCX, and other mining stocks like BHP and RTP. you can't get more front page than that. the fact that PMs are ludicrously expensive based on free cash flows (and thus must be treated as lottery tickets to justify current prices) is another indication of their huge popularity.