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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (79865)	9/20/2011 1:33:28 AM
From: TobagoJack	2 Recommendations Read Replies (1) \| Respond to of 217795

c2, the script continues to track very true just in Austria Makes the First Move on Restricting Gold According to the Commodity Online service, Austria has adopted a policy which restricts the purchase of gold by individuals. Essentially, individuals will be limited to purchasing 15,000 Euros of gold at a time, making gold a “restricted” commodity. Money laundering was the reason given by Austrian officials as to why this policy was enacted. Whatever the reasoning, the effect will be the same. If restrictions on holding gold bullion begin to proliferate, scarcity breeds higher prices. It also launches a search for alternatives and in this case, that should be gold mining stocks. As I write this at 10:00 am on Monday, the price of gold is down 1.4%, while GDX, the large cap miners ETF, is down 0.3%. No, the gold miners in aggregate are not up, but key large caps such as ABX and NEM are up about 1%. Let’s see whether this initiative by the Austrians catches a tailwind. I have thought for a while that the precious metals stocks would go higher when ETFs lost their appeal. What I had not counted on was a heavy-handed move by a government to restrict individual purchases of bullion. This is almost better than an ETF related problem, as it sends a signal that owning the stocks may be safer than owning the bullion. What’s the next step for the Austrians?

To: carranza2 who wrote (79865)	9/20/2011 2:00:00 AM
From: elmatador	Respond to of 217795

Other national champions are doing the same positioning, we may infer.

To: carranza2 who wrote (79865)	9/21/2011 4:49:19 AM
From: elmatador	Respond to of 217795

My old Siemens pals are at it again: has decided to focus greater attention on supporting the alternative energy industry through its engineering of components for wind and solar. Mucha plata available, amigo! Captive market too! KfW to Provide 100 Billion Euros to Aid German Energy Transition Sept. 19 (Bloomberg) -- Germany's state-owned lender KfW Group will provide more than 100 billion euros ($137 billion) over the next five years to ease the country's transition from nuclear power to renewable-energy generation. KfW will boost loans and guarantees for solar plants and wind farms and set up low-interest lending programs for building efficiency, regional power-grid growth, energy-storage projects and clean fossil fuel-fired generators, it said today. news.businessweek.com in the mean time they dump nuclear busines!!! Siemens turn its back on nuclear powerhttp://www.reuters.com/article/2011/09/20/idUS287455366020110920