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


To: TobagoJack who wrote (93133)8/3/2012 7:33:16 AM
From: Haim R. Branisteanu1 Recommendation  Read Replies (3) | Respond to of 217710
 
Think about buying the Israeli SHEKEL - it depreciated due to EUROPE but it should bounce back INHO

Israel Finds $240 Billion Gas Hoard Stranded by Politics: Energy
By Eduard Gismatullin and Calev Ben-David - Aug 3, 2012 5:10 AM

Israel, reliant on imported energy since the state’s foundation in 1948, now has more natural gas than it can handle.

Noble Energy Inc. (NBL), Delek Group Ltd. (DLEKG) and other explorers have discovered enough gas under the Mediterranean Sea to supply Israel’s needs for 150 years. To profit from the finds sooner, the companies want to export the gas by pipeline or ship. As the Ministry of Energy prepares to publish a blueprint for developing the fields later this month, officials say the country’s economy and security must come first and shipments abroad should be limited

bloomberg.com



To: TobagoJack who wrote (93133)8/6/2012 10:52:14 PM
From: carranza2  Read Replies (1) | Respond to of 217710
 
The minuet between Spain and the Eurocrats leading to a sovereign bailout has begun in earnest.

ft.com

Which will come first, the bailout of the Spanish banks or Spain's?

Oh, and before we get too excited, what will the German Constitutional Court have to say about any sovereign bailout? It has refused to rubber stamp the banking sector's bailout thus far, and may well say nein to a sovereign bailout.

My takeaway: markets are so desperate for good news, they'll clutch at straws. Which is precisely what they did today.

The takedown follows later this week.