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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (122600)	7/9/2008 6:13:39 PM
From: Proud Deplorable	Read Replies (1) \| Respond to of 313770

"As Voltaire said centruries ago “Paper money eventually returns to its intrinsic value ---- zero.” At one point in time, gold will be worth $3000 current dollars or their equivalent. That is a sure thing." YESSSSSSSSSS Thanks for confirming that the most hated USD is heading into a bolivian

To: Claude Cormier who wrote (122600)	7/9/2008 6:29:09 PM
From: Proud Deplorable	Respond to of 313770

PEABODY, ARCH FORECASTS UPGRADED Citigroup's San Francisco-based mining analysts John H. Hill and Paul Cheng said they expect met coal prices to increase through 2009. "However, this view seems discounted in aggressive consensus margins, particularly given the small size and checkered execution history of key miners." Nevertheless, the analysts noted that "given burgeoning BRIC-country coal demand, signals that thermal may be tightening in a similar manner to met, and increasingly linked commodity markets, it is difficult to see global surplus emerging in the near/medium term. We believe both thermal and met are likely to track higher through 2009." "We are hiking forecasts across major U.S. [coal] basins to levels in-line with survey data, with Met benchmarked to seaborne. The PRB [Power River Basin coal] is the only areas where forecasts are materially above market," the analysts said. As a result, Hill and Cheng upgraded Peabody Energy and Arch Coal to a "Buy" recommendation