Tuesday, October 9, 2007

Why Is Eric Sprott Bullish on Uranium?

Eric Sprott may be Canada's answer to Warren Buffet. He's got the Midas Touch and currently manages more than $3 billion. We talk to Eric Sprott about uranium and why is bullish on nuclear energy.

Interviewer:

Uranium had been inching higher from 2001 until a year ago. Since then, it has soared up the price chart. What is a realistic price for uranium and how high can you envision it reaching?

Eric Sprott:

There is obviously a shortage between current mine production and current uranium consumption. In order to correct that imbalance, it would have to be economic to open up new deposits. Im not suggesting that it (uranium) has to go to $100 to become economic. I dont think thats true. Probably at $50, it becomes very economic. The reality is that weve been so slow in getting started that I think the whole nuclear industry will ultimately prove to be the key energy source of the future. With demand today at 170 million (pounds), who knows? It might be 300 million pounds in twenty years. The argument in the article we wrote is that based on the previous peaks, prices if you put a normal inflation rate on it, it would equate to something like $100. So, its not that far fetched that we might get there.

Interviewer:

If it takes four or five years, or up to a decade, to get a nuclear reactor going, why are the Chinese building so many so quickly?

Eric Sprott:

Because theyve been doing it right. One of the nice things about a centrally organized government is they deal with big issues. Obviously, China has a big issue in energy. If you were sitting over there, you would realize, My god, were starting to import two million barrels of oil. We used to export coal and now we dont export coal. What are we going to do if our growth rate continues to grow at eight or nine percent per year? How much power are we going to need? And where is it all going to come from when there are already shortages of the two most commonly used energy sources in the country?' The option you fall back on is, Well, lets go nuclear. We have to go into all of them. And of course, now theyre predicting two nuclear reactors every year for the next ten years. Who knows? Maybe five years from now, that will be four reactors every year. Perhaps when we all realize the extent of the energy shortage.

Interviewer:

How is this going to be sold to North America and Europe in the wake of Three Mile Island and Chernobyl?

Eric Sprott:

The way things might change is now that we have $50 oil, and the price is almost going up in an unlimited fashion. Now that weve got coal at double and uranium thats gone up, people might finally realize there is not an infinite supply of certain things that we rely on. And that we might have to take a more pragmatic view of the nuclear option. Im sure that is exactly what certain countries, including Japan, China and France, have done. The other thing is that there is a new reactor where you cant have a meltdown. Im not technically strong enough to explain it. The uranium is in graphite spheres, and they wont melt down unless temperatures reach 2000 degrees. The highest it ever goes to is 1600 degrees so its just not going to melt down.

It doesnt matter if things are out of control. They wont break down. If that kind of assurance were accepted by the public if someone could prove that that was the case I think the nuclear option would be an incredibly viable option. Another thing that would make people think differently would be having brownouts for a while, or hyperinflation because of the shortage of coal, natural gas, and diesel fuel. If we had brownouts for a while, and of course they have brownouts in China, which is probably why they are proactive in moving nuclear along.

Interviewer:

How realistic is the global energy crisis moving toward a Hubberts Peak, an energy scenario from the year 1970?

Eric Sprott:

My view is that it seems very realistic. I think it is very important that we do go back to 1970. Look at the fact that Hubbert said in 1956 that 1970 will forever peak out (in terms of energy production). Lo and behold, it peaked out! It almost goes down every week in the United States. Almost every week, there is a little less production. This is now with very high oil prices. It looks like his theory, for the geographical area called the United States, worked. Do we think it is going to work in the world? I tend to believe it is. I believe there are projections for Great Britain, which I think are at about 4.2 million barrels/day right now, that in ten years from now, will be down to 700,000. Thats what happens when fields go into decline. They go down, and you can not resuscitate them. Everyone who studies the topic knows that no significant discoveries have been made since the 1960s.

What I mean by significant are giant oil fields like Ghawar. For example, people now consider a 100-million barrel field a big deal, and 500 million is great. Well, one hundred million is like 1.2 days of worlds supply, and 500 million is eight days supply. You have got to find a lot of those every year. We dont find them. We have hardly found anything. The Caspian Sea? I am guessing it is 500 to 700 million. Its the one thing we point to, the thing in the Caspian Sea, which we have been pointing to for the last three years. Lets say it is 800 million barrels, it is ten days supply. Its nothing.

Interviewer:

There have been some pretty incredible estimates as to how high oil can go. The highest were read of stands at $182 for a barrel of oil and $15 per gallon of gasoline. Your comments?

Eric Sprott:

When you get into any commodity, where there is a bonafide shortage, there is no limit on the price. There is hardly any limit on the price. Because that last guy still wants that last barrel of oil. I always say, when a commodity is starting to break loose, Never put a ceiling on it because you never know where it is going to go. You look at what is going on in the world oil situation. If I was (in charge of ) certain countries, I would probably be changing what Im doing. You can see China going throughout the world signing agreements with countries to assure oil supplies. Its a government mandate to go out and secure their supplies. I think people at the government level realize, We have issues here that we have to solve. If we dont have assurance of supply, what happens? One thing about Hubberts Peak that most people dont go to is the economic impact. Forget the price of oil. What if we produce 83 million barrels today, and in 25 years we have 55 million barrels? What is the world going to do? Do we just have to shut down economies because we dont have a replacement for hydrocarbons?

Interviewer:

Do you think the world governments are prepared for this?

Eric Sprott:

Not at all. They show no interest. In fact, I would say one of the real problems with the democratic process is, unfortunately, too much time is spent thinking about politics. Hardly any time is spent planning for the future.

Interviewer:

On uranium, you recommended a number of uranium companies in your special report. Cameco (NYSE: CCJ) seems to be the one many recommend. Other uranium companies seem to be in the exploration or the more speculative category, and now have some momentum because of the bull market in uranium. How strong are the fundamentals in those companies?

Eric Sprott:

I think the fundamentals for some of the companies are spectacular, quite frankly. Its interesting for us because we had the same thing happen in gold, when the price of gold was $250. We tried to imagine what we should buy if, and when, gold went to $400, which we thought it would, or $500 or higher. The real opportunity always lay in, Well find someone who has a large resource that is uneconomic today, but if you move the price up, it becomes quite economic. I would say Strathmore Minerals (TSX-V: STM). They have a large resource already identified. In fact, they are acquiring properties all the time that were identified years and years ago. Yet, at $20/pound uranium, they probably dont make any sense. But, at $40/pound uranium, they are likely to make tremendous economic sense. Of course, the value of the shares can almost not go up exponentially but they can go up a lot.

You finally tip over that breakeven level, and everything after that is profit. We had an analogy like that in gold area, where one guy went out and bought all these deposits that would make sense at $400 gold. The stock has been a tremendous winner. I think it is up 500 percent. I think the same can happen in uranium. Thats why we go to Strathmore and UEX (TSX: UEX).

Interviewer:

How do you feel about precious metals?

Eric Sprott:

We feel pretty good about precious metals. Weve been pretty bullish for quite a while now. We have liked the fundamentals for gold for a long time for any one of ten different reasons. The one reason I fall back on, that gives me tremendous comfort, is the fact the world consumes 4,000 tons of gold per year, but mine production is 2,500. Anybody who uses any bit of logic knows, in due course, the price will go up to reflect the imbalance between demand and supply. I dont care how much gold Central Banks sell, ultimately they are going to have no gold. I think people realize that Central Banks have made a big mistake selling their gold.

Interviewer:

The China card keeps driving global commodities as they bring their country more technology. How do you feel about the base metals?

Eric Sprott:

We havent really gotten involved in the base metals. One of the reason we havent gone there is we have believed we are in a secular bear market, and there could be a financial implosion. In that kind of scenario the base metals dont do well. But the precious metals can provide safety. Thats the distinguishing mark we make between the two. On the China thesis, the demand for all of these things would go up. Our problem is we still expect some fallout in the financial arena, which ultimately would even affect China. We feel more comfortable with the precious metals, and we feel more comfortable with energy. Simply, energy demand in an economic implosion is pretty inelastic. It doesnt fall off the table. Demand for zinc, lead, copper, and aluminum can fall quite precipitously if there was an economic slowdown.

Interviewer:

Are you expecting an economic slowdown?

Eric Sprott:

Absolutely, yes. We might be in it now. There are certainly lots of signs that there is not much robustness in the U.S. economy. I have some very strong views as to what should ultimately happen in the U.S. My views are predicated on the fact that the government reports a deficit of $400 billion, but there are also government reports that suggest, on a GAAP accounting basis, that the true deficit in 2003 was $3.4 trillion. We can all ignore it, and everyone has ignored it. But, the reality is that the liabilities are accruing for Social Security and Medicare in the U.S. at a tremendous rate. There has been no provision for it. There was a paper released by the U.S. Treasury Department about a year ago that said the present value of their obligations, that are not funded, is $44 trillion. Again, we can choose to believe it or not believe it. I happen to believe it. I made the point that politicians are in it to be re-elected, and they are not dealing with the real issue.

The real issue is they are making promises to their citizens that they cant keep. And theyre not going to keep them. I would hate to be a retired person or a young person in the U.S. Somebody is going to have to bear the brunt of all these funding issues that havent been taken care of. Beginning in 2008, the baby boomers start collecting these things. Thats a real cash problem. Before, it was just a bookkeeping problem. Youll have a huge influx of people collecting their Social Security and getting free Medicare. Its got to be funded. Anyone whos looked at the problem has agreed that no one has done anything about funding it. You have to cut what your promises were, which is what all the European governments are now trying to do. Theyre all cutting back on the pension. Most companies are cutting back on them because they cant fund them. The trend is in place here: What we thought we were going to get, were not going to get it. Am I bearish? Gosh, weve had forty years of living off of savings that were supposed to be saved to provide this future. It was all spent. Everyone just chooses to ignore it.

COPYRIGHT 2007 by StockInterview, Inc. ALL RIGHTS RESERVED.

James Finch contributes to StockInterview.com and other publications. StockInterviews Investing in the Great Uranium Bull Market has become the most popular book ever published for uranium mining stock investors. Visit http://www.stockinterview.com

Can You Make Money In Penny Stocks?

Yes, you can! But the amount of money you make in penny stocks is directly proportional both to the amount of homework you do and the amount of discipline you have. Penney stocks are one of the most volatile investments into which you will ever put a dime, capable of breathtakingly fast gains and even faster collapses. So if you intend to trade penny stocks, you must be willing to monitor your investments constantly during market hours, and sell when you are in profit. You should also use stop-loss orders if your broker allows it.

Reasons For Investing In Penny Stocks
Keeping all the caveats in mind, there are still good reasons for including penny stocks in your portfolio. As their name suggests, they dont cost a lot, so you can build a significant positions in a company for a relatively small amount of money. While you may never own a thousand shares of a blue chip stock, you can own tens of thousands of shares of a penny stock.

Because you can own such large amounts of a penny stocks, you dont need to see a large gain in price to make a respectable profit. Each time the price of the penny stocks of which you own ten thousand shares goes up a single penny, your position will increase $100 in value. But if you get greedy, you can lose your profits by waiting too long to sell.

What To Learn About Penny Stock Companies
Penny stocks are not merely gambles if you spend the time to research them. You just need to educate yourself in certain aspects of the companies in which you want to invest; pay particular attention to the industry in which the company operates; the expertise and reputations of the companys management and the market acceptance of the companys product or services; past trading patterns of the companys stock; and how the sector which the company is in is influenced by economic and political factors.

You can find brokers to trade you penny stocks, but you will pay a commission much larger than that charged for stocks traded on the larger exchanges. Your broker will fill your buy and sell orders, so you wont have to monitor you penny stocks so closely, but his commissions will eat into you profits or add to your losses.

Penny stocks make up an over whelming percentage of all the stocks traded in the US each day. Over three-fifths of all NASDAQ and over three-quarters of all NYSE trades are of penny stocks, and this enormous liquidity means that you will almost never have difficulty getting your penny stocks orders filled.

Penny stocks are a worthwhile investment for those who the effort to understand them, and have the discipline to stand apart from the crowd.

You can also find more info on Hot Penny Stocks and Investing In Penny Stocks. Pick-pennystocks.com is a comprehensive resource to get information about Penny Stocks.

Chinese Imports Killing Americans - White Washing of Reality

In the United States of America the FDA often stops imports from certain countries that do not meet our health standards and the list of banned products from our trading partners is endless. In the US our FTC, FDA and even Homeland Security often intervene to protect Americans from American Companies selling us products. Why do the Chinese get a free pass after the recent abuse?

Well could it be that they are holding much of the US debt or that the US wants to remain on the Chinese "good list" as their middle class grows into a consumer class - 1.3 Billion new consumers is a huge future market for US exports too. Agencies like the FDA and FTC say they need more budget monies if they are to deal with this Chinese poison issue, but why should we give these agencies more money after all their failures in the past?

Besides if the FTC was really going to help us Internationally, what about the OPEC Cartel? You see the FTC always asks for more budget and always under-performs. They asked for more SPAM money, Identity Theft Money and all they EVER do is round up the "usual suspects" and participate in PR, "Tailor of Panama" style propaganda. I am only interested in one thing; Winning - not PR, not another underachieving Federal Agency. You see, it is not our problem it is the Chinese Problem:

  • Lead Paint on Toy imports = No Toy Imports.
  • Poison in Food Additives = No Food Additives.
  • Neuro Toxins in Tooth Paste = No hygiene products!
Period, no games, no more screwing around; Sorry, but this is what we do to every other country that imports here and realize that China does it to us, so does Japan and other nations. Free Trade is Fair Trade. Recently, the Chinese "executed" their head of ministry in the agency, similar to the FDA here. This dramatic execution is typical Chinese PR. Our Government must protect the American People, if it can't, then one has to ask the question, why do we need them? Seriously, no more BS, why is it that no one can run this bureaucracy or agencies like the FDA or the FTC with any common sense. Once the Chinese know we are serious the BS will stop, until then the lip service is all a waste.

We should not reward "piss poor performance" in any government agency and we need accountability and transparency not more lip service. Often, regulatory agencies make up cases to serve the will of Senators doing the bidding for lobbyists. Adam Smith warned us of this and the FTC is a perfect example in my opinion of MY government running a muck, let's fix government this next time around shall we?

L. Winslow is an Economic Advisor to the Online Think Tank, a Futurist and retired entrepreneur http://www.worldthinktank.net . Currently he is planning a bicycle ride across the US to raise money for charity and is sponsored by http://www.Calling-Plans.com and all the proceeds will go to various charities who sign up.

History Of The NYSE - A Brief History Of The New York Stock Exchange

Also know as the "Big Board" the New York Stock Exchange (NYSE) was created by a merger of the NYSE and Archipelago Holdings, which is fully electronic, and became known as the New York Stock Exchange Group.

The NYSE is made up of 5 rooms used for trading and is found on 18 Broad Street, New York City. The NYSE can trace its roots to 1792, however it did not become known as the New York Stock Exchange until 1817 when the organization drafted a constitution.

It is the largest stock exchange in the world in the amount of dollars that flows through it each day and has the second largest number of company listing, exceeded only by NASDAQ. The global capitalization of the exchange is $2.1 trillion with $1.7 trillion of that being companies not based in the U.S.

The NYSE works similar to that of an auction. Each company listed trades in one location. A specialist broker employed by each of the listed companies has the duty of acting as an auctioneer at the company post.

Buyers and sellers of a certain stock come together around a particular post and an auction takes place. This form of trading helps produce a price for stocks that is efficient and fair for both buyers and sellers. The human interaction and the expert judgement helps differentiate the New York Exchange from other stock exchanges that are fully electronic.

In recent times orders for stocks are increasingly being delivered to the trading floor electronically. The development for a Hybrid market bringing together the elements of human interaction and electronic markets is currently in the works.

The NYSE has been made famous by a number of big budget Hollywood movies. Its history has also been a very interesting one. In 1920 a bomb was planted on Wall Street right outside the NYSE building. When it exploded it killed 33 people, injured more than 400 and caused considerable damage to the surrounding buildings. The terrorists who planted the bomb were never captured.

There have been a number of famous Wall Street crashes the most famous of which is known as Black Thursday which happened on the 24th of October, 1929. The selling panic which ensued is often blamed for coming of the Great Depression.

The current President of the NYSE is Catherine Kinney and the CEO is John Reid while Marsh Carter is the Chairman.

Check out http://www.stock-trading-made-ez.com/ for more articles on bank of newyork emerging markets 50 adr index and stock option picks.

Forex Brokers & Online Trading

There is one important thing you will need to do before you start your Forex trading career. This is, you will need to set up an account with what is known in the trading world as a Forex Broker. Once you start your search for the perfect broker, you may feel there are too many of them who offer their services online. Deciding on a broker requires a little bit of research on your part. Experience and reputation are two good starting places for the selection process. do as much research as possible and ask in online forums for anyone who may have a first hand knowledge of the company.

A forex broker is an individual or a company that buys and sells the orders placed by the trader according to his decisions. The way brokers earn money is by charging a commission or a fee for their services.

You must consider that a serious forex broker will need to be associated with a large financial institution such as a bank in order to provide the amount of funds necessary for what is known as margin trading. In the United States a broker must be registered as a Futures Commission Merchant (FCM) and also with the Commodity Futures Trading Commission (CFTC). These credentials will ensure you have peace of mind, knowing that you have protection against any case of fraud and abusive trade practices.

What youll always want will be to find a broker who executes orders quickly and with minimum slippage. All reputable online forex brokers will offer automatic execution once you place your orders and will let you know their policies regarding slippage. A good broker should be able to tell you how much slippage can be expected in both normal and volatile markets.

You should always be skeptical when looking for a good forex broker. Always examine any suspicious claims made about high returns and low margins, especially if the broker company is vague about the risk involved in the transactions and are unwilling or unable to disclose financial information on the strength of their company. Low margins may sound competitive, but in reality this is because the broker is speculating against you and relying on the low margin to stop out your gains.

Learn these great Forex trading strategies and become a profitable trader.

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Learning The Stock Market-What You Need To Know Before Investing

Many people are interested in learning the stock market and how to make money with their investments. So what are the most important factors to making a fortune with the market?

First of all, you need to realize that you need to have a method of investment before beginning. Many investors simply jump in and start investing without having a clue what their strategy is or what they want to accomplish from it.

First of all, you need to sit down and think about what you want to accomplish with investing. Do you want a car by the end of the month, or is your goal to buy a house in 5 years? This will dramatically effect your strategy.

For instance, if your goal is to have enough money to buy a car in a year or so, you will want to invest conservatively such as a bond, something that is guaranteed to pay you money. If you need quick money, there are no guarantees in the stock market, and you are just as likely to lose all your money as you are to make it.

However, if you what to have enough money to buy a house in 5 years, your strategy will be to invest in the market in order to maximum your return on investment. While volatile in the short term, the market is very stable long term, and you can be much more sure of making a positive return on your investment.

If you do plan on jumping into the market as opposed to bonds, you need to determine whether you want to be a value investor or a technical analyst. Here is the difference: a technical analyst looks at trying to make more money short term with a particular investment, and is not concerned about investing in a company long term.

A value investor, on the other hand, wont invest in a company until they can be sure its long term prospects are sound and it has a solid financial future. Only after theyve seen this will they move forward and invest.

So which method is best? It really depends on which strategy you are more comfortable with.

Technical analyst requires constant studying of stock charts and you have to always be checking up on your investments. Also, one wrong move can literally wipe out your portfolio overnight, not to mention the money you have to pay for the transaction to begin with, which can often times wipe out your entire gain.

Value investing, on the other hand, is much more stable and requires much less attention to your investments because you are generally assured of making money in the long term. Therefore, you should only engage in technical analysis once you are absolutely sure you know what youre doing.

The bottom line is this: many people have money using either strategy. However, by far more people have lost money engaging in short term technical analysis than have made a fortune.

Therefore, you should look into both methods and decide which one works best for you. The most important part is to make a decision and not second-guess yourself. Simply commit and move forward as best you can, and in the long run you will make a fortune with the market.

For more info on how to buy stocks, and tips for investing in the stock market, visit http://www.stock-investing-tips.com, a popular site that teaches how to make a fortune from your investments.

Foreign Exchange Rate - Foreign Currency Exchange - Foreign Exchange Student

Several scenarios make a great decline of currency value like political uncertainties, unemployment that leads to higher inflation, other relevant issues that can hamper commerce and business from functioning well, and other macro-economic situations. This simply means you make decisions to buy or sell but dont put any real money down. The official currency of the European Union (EU), the Euro, was launched in 1999 with coins and banknotes issued in 2002.

This World recession effectively killed any growth in FX speculation as disposable income was at a premium. When people or companies hold foreign assets, there is an extra source of possible gain or loss, over and above the rate of interest or rate of profit earned by the asset itself.

If Denars are rare - their price will remain high in DM terms, i.e. But a strong currency (the Denar, in this case) is not always a positive thing. This World recession effectively killed any growth in FX speculation as disposable income was at a premium. Euro is a floating exchange rate, therefore market demand and supply controls the value of the currency.

Placing a foreign exchange hedge can help to manage this foreign exchange rate risk. At the end of WWI there was a brief period of massive currency speculation.

Stock trading is similar to owning part of a company or organization. It is often wise for the beginner to dabble in stocks trading before looking at Forex trading. If its people have the most employment, there are more needs for commodities and supplies that businesses are revolving as well as it use of money. All other currencies were pegged to the dollar at a certain rate.

Investors used to invest domestically mainly, but with the Euro introduction more investors are now attracted to euro areas. The exchange rate refers to the value of the US dollar against the values of currencies of other countries. It is an excellent way to get your feet wet without a whole lot of risk. If the US INFLATION rate is HIGHER, investors are LESS likely to prefer the US -even with higher interest rates- because of the expectation that the value of the dollar will be ERODED by inflation.

This has benefited the poorer member states which had weaker currencies previously for example Portugal, before the euro the Portuguese escudo was not that popular outside its own country or a particularly strong currency but now since Portugal is part of the EU its markets are much more attractive to other EU and non EU countries. Their lenders will also be afraid to lend them money, because these lenders cannot be sure that the borrowers will have the necessary additional Denars to pay back the credits in case of such a devaluation. If Forex exchange rate in our terms is equal to 100 yen to the dollar, the inverse would be $0,01 (one cent) per yen. One important way of encouraging people (and firms are made of people) to do things - is to allay their fears.

Learn more about Foreign Exchange Rate Foreign Currency Exchange Foreign Exchange Student

Hermit in an Otherwise Inside Academic World

From all that is seen and unseen no unusual learning impediment, or idiosyncrasy for that matter, has probably ever etched its stone in a sociologically renowned two-year college in downtown Bridgeport, CT before I walked in. I was told before I registered that I would need a significant amount of (confidential) documentation describing the limitations associated with my high-functioning autistic self; I took it to heart that there were several, maybe hundreds of, others who had the same disability and applied to the same college, but my kind of disability was probably more of a normal kind than that of other autistic savants. It was not that difficult to contemplate--possibly because I was diagnosed with a mild kind of autism during my childhood--the social, personal, and academic hardships that would, nonetheless, lie ahead in an advanced post-secondary institution. But what you could say is that I never gave up my fullest scholastic and extracurricular potential, even if I continued to be a consummate outsider once and for all.

It is, without question, that Housatonic Community Colleges location isnt exactly located where, ironically at first, intellectual outsiders like me would consider an ideal environment. The heavily diverse city, which is only 20-30 minutes from the equally diverse city of New Haven and about 90 minutes away from the quintessential melting pot of Brooklyn, is notorious for its governmental and judicial corruption, inadequate public education systems, grimy and unaffordable apartments, aging infrastructure, vacant factories and department stores and high-rises, street drug dealings, and, ultimately, its socially and culturally disadvantaged inhabitants. There is a section of this city in which warm and cozy middle-classmen like me reside, but no where in the heart of this city are there effervescent kiosks and shops for them to buy the colorful discretionary goods they most desire. What I have to tell you right now is that this is a slight, maybe big for that matter, misconception. For better (or slightly for worse), Housatonic is a school where people from all walks of life, even those below the poverty line and detached from the outside world, seek a solid educational foundation and, as a result, have their lives radically transformed for more productive employment opportunities and, for the lack of a better word, a more self-sufficient future than they could ever imagine first off.

The two-year schools main attraction, the Academic Support Center, which is the reason why so many enroll here in the first place, is, indeed, for students of all scholastic skill levels. Not once did I come across one who complained about discriminatory practices or negative stereotypes administered by the otherwise caring and supportive body that truly makes this learning center tick. The experienced tutors, as well as the apprentice-like tutors, act like they have known you since those angst-ridden years you finally came to full terms with your coming of age, which is, in and of itself, no small way of looking at your own meaning of life, albeit in a personal or professional light. Better yet, the tutors can sometimes act like a dogs owner, constantly vying for your encouragement at any random moment of unease and incompetence. There is something fulfilling about this revered student lounge, there is something sacred about this secular shrine, that cant be dismissed by almost any student in the halls of this color barrier-breaking, inner-city academic Mecca.

Almost every time I came here to seek the help I needed in the perplexing arenas of Spanish, biology, and chemistry, there is no way in which I left the center without knowing how much sympathy they had for even my most profound intellectual adversities. I tried to alleviate some mind-numbing, socially discouraging forms of pigeonholing that infect the autistic soul, of the impact it had on MySpace and other self-indulgent online chat rooms, and the reactions the executives of those web pages would have if a robot like me finally bashed out of the closet, and said nothing about my own friends and family, who having perceived certain disabled stereotypes to the point of innate exaggeration never, at bottom, socialized with autistics (which they described as humanoids) for having ignored them, to be most precise, for technically no apparent reason. I thought of autistics as special needs students arriving with no motive other than sheer IQ merit that can knock normal people out of their seats, other normal people who would rather despise them, as I was a special student there, and sat back trying to meditate on their information-asphyxiated brains and relishing at the sometimes abnormal body language of their closest ilk, which I sometimes felt very sorry for.

I, by no means, fitted with that "Rain Man" stereotype pop culture and the wider college frat subculture made it out to be, since I did, later on, happen to communicate with the overwhelming assortment of students and faculty all so present on the small yet culturally multihued campus. It is true, also, that my friends off-campus enforced me to check those chat rooms I mentioned before out, for only to experience some rather routine spamming and hacking in turn. This is not to say that all of them appreciated the strengths of my mild autism, as I still dont know how to smoothly converse with beer-chugging, cocaine-snorting brats, but, as it turns out, they were, nevertheless, astounded at my capability to perform uniquely studious techniques, such as my quick-witted style of creative writing. I didnt drink to the point of sleepless intoxication, as they all proved to me just how emotionally and physically devastating alcohol consumption can really be, to say the very least. So here lies my alienation from the all-important 21st century late teens/early 20s demographic, which, believe it or not, is becoming increasingly amoral and, most unfortunately, free of values and of discipline.

If every one I came to know and value the most at the secularly sacred two-year college posed any anti-establishment measures against the now-popular autistic conscience, it was a needlessly significant rallying cry that really turned out to be nothing more than a Paris Hilton-bashing, "National Enquirer"-style gossip column. For this gossip to be, indeed, truthful, therefore, the entire Housatonic administration would have been completely compliant with a rather disingenuous piece of protest that would not be worth protesting against because autism, just like other mental deficiencies that are now talked out with and to others, is becoming a more socially acceptable medical condition in which future generations may have to cope with, since there is no miracle cure for this otherwise non-sickly illness.

According to a recent report conducted by the Autism Society of America, 1 in 150 are afflicted with some form of autism, but, fortunately, even the most mainstream college communities have finally stepped up to the plate to address the possible causes and effects of what is, in todays increasingly multifaceted world, not literally a disease in any word, shape, or form. It can also be said that (mildly) autistic outsiders like me didnt happen to engulf themselves with so much of the egotistical or self-centered sensibilities that those unaware of their fate happen to, unfortunately, indulge in. This said, the inside academic world, like that of the two-year college I silkily bathed in, was an essential, if not indispensable, life skill for me, as well as for all those who continue to seek their own career paths--without ever resorting to social and cultural insensitivity or insider trading--in the process.

For More Comprehensive Info. on Housatonic Community College, or to Enroll There Part- or Full-Time, Please Visit:

http://www.hcc.commnet.edu/

If You Want to Make a Difference in the Autism Community, Please Visit:

http://www.autism-society.org/

Best Online Stock Day Trading Services

What is Online Day Trading?

Answer a simple question. If God approaches you and asks what do you need the most now? Money would be your answer most of the times. Or may be peace. But for peace, you will have to get rid of the basic human instinct of envying the new expensive car your neighbor has just bought. But come on that is human. So, to get rid of the jealousy you will have to buy a car costlier than him. Well that needs a warmer pocket for sure. And you and I know that it rains dollars only in dreams. So, what is your next course of action? Day trading is an interesting option.

Day trading is the first thing you need to know. Shares and stocks are the basic units of trading. Do you know shares? If yes, it would be simple for you to understand this. But if you are ignorant of the term, just know that as you buy shares from a company, you give it a small amount to invest into business and as it earns some profit, it gives the percentage of profit equal to your share. So here, the company works with your money and pays you the profit, without you actually working. Now let us come to day trading. Here you buy the shares and sell them as soon as the value raises to a level you have decided. You earn some profit. Or may be, if the share loses its value, you might lose some money as well. Experience is an important factor here as it helps to make a more informed and accurate decision.

We will show you how, even you, though naive, can earn through this business, toil-less money. What you need here is an experienced hand, for you cannot afford losing a lot before gaining it yourself. So, you need to go to a day trading stock broker now. Now whos that? A broker is a person who represents a brokerage firm and helps you buy and sell shares and takes some commission for his service. There are many day trading firm that are offering their services online.

SogoInvest is an online day trading firm that offers a variety of advantages to the investor. Actually, this discount brokerage site is one of the best and the most reliable of them around. It has two account types namely SogoInvest and SogoElite. Also its various investment packages the Platinum, Gold and Bronze give you further options to select what suits your budget and your individual preference. What more, it has strategies to minimize the financial risk. It has the choices of making automatic investments daily, weekly or monthly. This best day trading stock broker also offers another very great benefit. It allows you to buy shares in fraction, i.e. you can buy any expensive share in fraction if you do not have enough money to buy the full one but are still interested in buying that share. So, with this day firm trading for you, you can earn safe and easy money.

We offer you very easy route to earn and that too online, without perspiring whatsoever. Have more queries? Just visit www.sogoinvest.com, the day trading stock broker and see if its discount online trading strategy to earn can benefit you.

I wrote this article to share my views about best discount day trading services and online day trading.

Stop Foreclosure Quick and Save Your Home

First, understand that the banks and lenders really do like you and desperately want to negotiate a payment plan that you can afford. The bad part of this is that although you may be able to make the adjusted house payments you will not be gaining on your house balance or principle. This article will look at some ways to stop foreclosure quick.

One of the fastest ways to stop foreclosure quick is to make a call to the bank or lender and explain your situation. You may need to be a couple payments over due before they will realize the situation, but it can't hurt to act now. If you have lost your income due to layoff, but plan to be employed soon you may be able to stop them form foreclosing on the home.

You can stop foreclosure quick if you know your home has some equity and you want to keep your home. It might be wise to check the value of some other homes in your area to make sure that your home is worth keeping. If you determine that you want to stop foreclosure quick then make an attempt to call them immediately.

You may be able to stop foreclosure quick by checking the local newspaper for some investors to by your property from you. The bank may be willing to sell it at a reduced rate to get it done. The investor may be willing to allow you to stay in the home at a reduced rent and some work labor. it is always worth a shot.

You could possibly stop foreclosure quick by finding an investor that may be willing to buy the home from your bank or lending institution and then rent the home back to you at a reduced rate. If you can do some handy work you may be able to put some labor into the home in exchange for a nice reduction in your rent from the new investor.

If you have a larger home then trading places with someone who may want to upgrade is a possibility to stop foreclosure quick. Of course, you will need to have the other home with a lower payment so that you can afford to do the swap. If the payment is lesser then you may be able to stop foreclosure quick and make a deal.

It is possible to stop foreclosure quick and save your home from the dreaded foreclosure market. You must act fast, but it can be a great reward to stop foreclosure quick.

If you need more foreclosure help then quickly head over to http://foreclosure-help-now.com where you will find helpful foreclosure tips, advice and resources including information on foreclosure plans, negotiating and more Stop Foreclosure Quick.

Oil ETF and Stocks

Just last week, we were discussing about Exchange Traded Funds (ETF) and its use. Mainly, to save commission cost and reduce volatility. There are, however, instances where buying ETF will enhance your return compared to buying one individual stocks. Buying Oil ETF and its corresponding stock is one example.

Oil stock, by definition, is shares of a company which engages in the oil production, exploration, distribution, refinery or other related oil expertise. Out of this sector, only stocks that engage in oil production will move in tandem with the rise and fall of oil price. The reason is simple. They drive their profit based on the average selling price of oil for the particular month or year. If the cost of extracting a barrel of oil is $ 20 and current oil price is at $ 50/ barrel then, $30/ barrel is the company's gross profit. If oil price moves downwards, their profit will be reduced as well.

Now, what happens is an oil producing company does not always produce the same barrels of oil each time. Weather, political reasons and other outside factors may play a role in this. Thus, for example, when oil price rises from $ 50 to $ 70/ barrels while production fell, the profit generated by this oil company is not directly proportional to the increase in oil price.

Therefore, if you feel that oil price will move up in the coming years, what should you do? Buying an oil company will generally expose you to company specific risk and some will give you higher returns than oil price appreciation, some don't. This is where Oil ETF comes into play.

Oil ETF will move in tandem with oil price. If oil rises by 20%, then its corresponding ETF will move by the same amount. Thus, this makes it easier on investor. They do not have to figure out both oil price and the company specific issues such as production, cost of extracting oil or even labor unions.

What oil ETF can you buy? There are two ETFs available for US investors; United States Oil (USO) and iPath Goldman Sachs Crude Oil Index (OIL). You could probably choose OIL, which is trading at a lower price than USO. It doesn't matter, however, as they normally moves in similar fashion and your return would not be affected by which ETF you choose.

Novice Investing is the online investing guide for beginners. You can also submit investing articles here

A Brief Introduction to Machine Vision

A machine vision camera usually abbreviated by MV is the type of computer vision made available to the manufacturing industry. Computer vision is different than machine vision in that is focuses on machine based images however machine vision focuses on input/output digital devices as well as computer networks to control certain types of equipment like a robotic arm or other similar device.

Machine vision is simply a field all its own that includes engineering topics such as optics, mechanical engineering, computer science, and also industrial automation. The way machine vision is so popular is because it frequently uses an industrial camera to inspect goods like pharmaceuticals, automobiles, semiconductor chips, and food. A fire wire camera, smart camera, digital camera, or other type of image processing to inspect workmanship of different products.

Machine vision systems have very specific jobs to perform. For example, machine vision programs are programmed to simply count items on a conveyor belt or else read serial numbers. In some instances they may search products for defects along the surface of the product. Manufacturers like machine vision programs that provide visual inspection that works around the clock. This includes machine vision systems that offer high magnification and high speed. Humans used to offer this service but humans typically are more easily distracted and do not do as good a job as machine vision cameras might.

Of course, humans are better able to distinguish between certain defects or understand quicker new policies. But, machine vision does a better job in the long run because they are not distracted, work tirelessly, and can work 24 hours per day. The problem is that cameras are not exactly the same as human eyes and the machine vision is programmed to notice one particular problem whereas humans can pick up on a lot of different things. Nevertheless new types of software are being created to help machine vision become even better and be able to pick up on several different problems at once. Manufacturers are really excited about the technology and cant wait for it to improve even more in order to implement it. Only the future knows where the technology will go but the way it looks right now computers and cameras may one day replace many more human jobs in manufacturing positions. Its possible that in the future computers and machine vision may be the only ones with these types of jobs!

Caitlina Fuller is a freelance writer. The way machine vision is so popular is because it frequently uses an industrial camera to inspect goods like pharmaceuticals, automobiles, semiconductor chips, and food. A firewire camera, smart camera, digital camera, or other type of image processing to inspect workmanship of different products. Machine vision systems have very specific jobs to perform. For example, machine vision programs are programmed to simply count items on a conveyor belt or else read serial numbers.

Monday, October 8, 2007

Good Stock Picks-How To Make A Killing With Your Investments

So many people today want to know how to find good stock picks for their portfolio. They are always looking for that next hot stick tip that they can make a killing off in the next 30 days.

The problem with most investors is that they take on a very short term outlook. This is the same of most business owners. In both business and stock investing, its only a small minority who ever make a significant amount of money. Why is this?

Instead of committing to a strategy and sticking to it long term, the vast majority become so focused on finding that get rich quick scheme they will jump from one stock to the next, and ultimately make very little money at all.

The bottom line is, there is no hot stock tip or good stock picks that are guaranteed to make you a fortune overnight. Yes, some investors have gotten lucky and made a fortune in a week.

However, often times those same investors lose their entire profit in a very short period of time by continuing to employ the same strategy. When you take on a short term outlook in your investing, you switch from being an investor to a gambler.

Warren Buffet doesnt worry one bit how his stock does short term. What he considers good stock picks much different than most investor, because hes looking for long term return on investment.

If the worlds top investor invests for the long term; doesnt it make sense to model that success? Yes, you can make some money short term, but like gambling, you will always lose in the long run.

The reason the market is so volatile today is the get rich quick scheme. Think about it-instead of picking an investment they can be sure will work for them for years to come, most investors jump in when they feel they can make a quick buck.

They continue checking in on their investment all the time. As soon as it starts going down, because they didnt do their research and dont know the long term prospects of the company, they panic and sell out.

When thousands follow this same mentality, chaos ensues. This is exact the same behavior that caused the market crash of 1929, and what will continue to be responsible for the volatile up and down turns of the market.

Do yourself and the market a favor, and invest for the long term. The only good stock picks are companies that have exhibited a good profit margin for years and possess favorable future outlook. You will be ensuring your long term wealth, and you will be contributing to a stronger and more predicable economy.

For more info on how to buy stocks, and tips for investing in the stock market, visit http://www.stock-investing-tips.com, a popular site that teaches how to make a fortune from your investments.

No, The Sky Isn't Falling And The Market Moves On!

Last week there were several discussions about the market and it`s doldrums. One issue in particular was the fact that one of the financial analysts was proclaiming to folks in the Media that "The Sky is falling".

The same analysts were telling people 10 years ago to buy Yahoo at $400.00. They would pound on the table and scream "BUY Yahoo it would only go higher and higher!" I`m not making this up!

Once upon a time, people were satisfied with a small tidy profit.They weren't buying homes with high expectations as it is today! Now every homeowner and investor expects unusually high returns. Many,thought they could buy and sell within a day! Gains were astounding. Worse, in some cases it was true! I know, I lived it.

Back to our current market.The sub prime market and it`s total demise was due to companies or Hedge Funds on Wall Street who knew exactly what they were doing. They were encouraging these loans to be made essentially to people who for whatever reason qualified on a marginal sense of the word.

Suddenly, home buyers who qualified for loans at $250K were given the green light to obtain loans from lenders valued at $350K. Better, the loans were set at 100% financing and there began the root of all evil.

Many of these so called pundits of the street who handled these hedge funds are gone, but, they were able to amass "millions of dollars" in bonus before their departure!

Not too bad for a few years worth of turmoil and destruction. After all leave the clean up to others,which is exactly what`s transpired! The absorption rate will take years to fix, but like everything else, things have a way of taking care of themselves.

I`m not defending anyone, except the simple truth. People will always need to Buy, and others will always need to Sell. The rest is based on price and location. Will a person selling their beautiful home in the future be able to make "staggering Profits" as they once did?! The answer is no. Does this mean that the market is over? Stop listening to Stock Jocks who should stick to the buying and selling of what they know,which is stocks, not Real Estate.

scott daniels
florida list for less realty,inc.
954-275-0200.
http://www.floridalistforlessrealty.com

Forex Education - Want to Buy Advice? 2 Tips To Help You Get The Best Education

Forex education is vital if you want to succeed but most traders simply have no idea what is good advice and believe advertising copy, but you need to go beyond the copy to get good advice.

Most what you need to know is FREE on the net. Lets look at where to get the best advice to forward your forex education.

Tip 1 - Look For Proof

Dont buy an e-book from a vendor on the net unless they present a real time track record that they have made money with their system.

There are many e-books sold that use great copy or lies, to appeal to naive investors dont fall for this If they have made no money dont buy their product period.

Most of the systems sold by vendors are junk or you can get the information free on the net anyway more of that later. Now another important point!

Beware of the hypothetical track record this is meaningless.

Their done in hindsight knowing the closing prices so of course its going to make money but you dont trade backwards in real life you trade forwards and thats much more difficult!

Instead of buying overpriced e-books with no evidence of success, go to your bookstore and pick up books from traders who have walked the walk rather than simply talk the talk.

Here you can learn from the real pros (we have done a top list check out our other articles) and there are some great bargains to be had.

Tip 2 Take advantages of FREE Sources

You can learn forex trading for free and get a forex trading strategy without spending any money.

If you are novice trader you will probably want to trade with forex charts and use technical analysis.

Just look up the phrase and you will find all you need.

The simplest way to trade is using support and resistance and a breakout methodology so search those two phrases as well.

You will need some momentum indictors to confirm youre trading signals so look them up and in particular Relative Strength Index and stochastics.

That will give you a simple powerful method to trade with and give you a forex system based on sound logic.

THE BEST FOREX EDUCATION

Is easy to get if you follow the above two tips All the basics are free and you can get a few good books from the great traders to inspire you and help you you need spend no more than $100 maximum and you will learn forex trading the right way and get the best forex education.

Finally, leave the e-books with their over hyped copy and no proof to the other 95% of forex traders who lose.

Thats it good luck and good trading.

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No Good Thing Lasts Forever - Except, Perhaps, Immediate Annuities

Most people will agree that nothing lasts forever, but a careful look at various investment options might yield an exception or two. Rising health-care costs, inflation, and consumer prices are just a few of the variables that cause people to struggle to make ends meet these days. Unusually low interest rates only exacerbate the problem, forcing countless retirees to tighten their belts. If this outlook matches what youre currently facing, dont abandon hope; an immediate annuity might be the solution for you.

Recently, we were asked for advice by an 86-year-old former executive assistant who well call Jacqueline. She came to one of our seminars at a local library. Afterward, Jackie approached us and started to talk about her situation. She never married and has no children. Shes been retired for about 20 years, and recently sold her home so she could move into a comfortable assisted-living residence. Jackies primary concern was to have enough income to supplement her Social Security and pension benefits so as to maintain the standard of living to which she had become accustomed factoring in inflation, rising housing costs, personal health-care costs, and taxes. Her will would donate the remainder of her estate to a few charities of her choice.

To meet these goals, Jackie needed more income than her principal would allow under traditional conservative investments. Like many of her contemporaries, she did not have the physical stamina to re-enter the work force. This meant that she could not afford risks associated with the stock market. What she wanted, in her own words, was a guaranteed, preferably tax-favored income stream for the rest of her life, an income that would remain perfectly stable despite fluctuations in the stock market. After a thorough investigation of many options and detailed conversations with Jackies accountant and attorney, we narrowed the possibilities to one investment vehicle: the single-premium immediate annuity.

An annuity is a tax-deferred investment vehicle that gives you a fixed or variable annual income. The amount of that income is based on the initial value of the principal and the type of annuity the owner chooses to invest in. There are many different types of annuities, all of which are designed to meet various needs. Annuities can be fixed, variable, immediate, deferred, medically underwritten, etc. As with any purchase, investors must weigh the benefits that an annuity may offer against the costs, management fees, liquidity, and the price of added benefits. The key to remember is that annuities come in different shapes, colors, and sizes. There are literally hundreds of different ways they can be purchased, but one way needs to be found. When looking to buy, you should always evaluate how the benefits match up with your own needs. It is for this reason that we always recommend that investors have a meeting with their accountant and attorney, along with the person who is selling the annuity, so that nothing gets lost in the translation. At this time, a detailed discussion of all the pluses and drawbacks can take place and an informed decision can be made taking into account factors the investor originally may not have thought about.

Although New York State is a highly regulated market that maintains a close eye on the types of products sold to investors, you should always be fully aware of the ins and outs of the product youre dealing with. Often, certain types of annuities pay a high commission to the people selling them. Because of this, and the complexities discussed earlier, it is not uncommon for the seller to place his or her interests above those of the (typically less savvy) investor. Contrary to popular belief, annuities are not only sold by insurance agents, but by brokers, CPAs, CFPs, tax preparers, local banks, and many other people and institutions as well. As always, its important to know who youre dealing with and dont be afraid to ask questions! Whether you live in NYC, the east coast, west coast, or some place in between, it is best to be prudent and always do the required due diligence. The type of annuity Jackie did her due diligence on was an immediate annuity.

With immediate annuities, the investor or investors (ownership can be single-life or joint-life) puts up an initial principal in exchange for a stream of payments. An insurance company is typically the seller of the annuity and will be the one that sends you the monthly, quarterly, semi-annual, or annual checks. Why would an insurance company be willing to take on this tremendous responsibility of lifetime payouts? Well, it is all based on life-expectancy statistics, which are derived from actuarial tables.

Immediate annuities have various payout options. Some of the more common are lifetime income-only, lifetime period-certain, lifetime income-with-cash (lump sum) refund, lifetime income-with-installment refund, and period-certain. Simply said, you have several choices about how you receive your money. Keep in mind, however, that different types of annuities are sold through different insurance companies, with various credit ratings. Because so many factors play into a decision about which type of annuity to purchase, it is essential to consult a financial professional before making your final decision.

The payout amount of an immediate annuity is determined strictly by age and gender, unless it is a medically underwritten policy, in which case the health status of the annuity owner also plays an important role. (The insurance company will often pay more when your life expectancy is altered because of poor health.) What made this investment appropriate for Jackie was largely the fact that she had no heirs, because when you set up an immediate annuity you forfeit all rights to ownership of your initial investment principal. If you have heirs who are dependent on an inheritance they assume theyll receive, a conversation about the consequences of going through with this kind of an investment should definitely occur. Still, the benefits associated with an immediate annuity are impressive; the insurance company will guarantee your income payments for the remainder of your life, even if you live to be 120.

Jackies Social Security, pensions, and bond income did not generate enough cash to meet her high monthly expenses, which meant that she had no choice but to dip into her principal every year. Had she stayed on that path, Jackies entire principal would have been depleted in about six years. We were tempted to recommended tax-free municipal bonds because of their liquidity, income security, and tax-free status. But current interest rates and Jackies high income needs would again have forced her to invade and ultimately deplete her principal within those same six years. Knowing that the national life-expectancy average of a woman Jackies age is currently around six years, and taking into consideration her superb health and strong genetic background, investing in municipal bonds created a risk we did not feel at all comfortable with.

In Jackies case, we chose a lifetime income-only annuity because the alternatives were too risky, and also because not being able to afford to live where she wants, with the people she cares about, was unacceptable to her. If, like Jackie, you are looking for consistency, guarantees, or just peace of mind that you wont run out of money during the final stage of your life, an immediate annuity could be the solution for you.

Don Conrad is president of Conrad Capital Management, an independent registered investment advisor, in Melville, New York. Can be reached by phone: (631) 439-7878 or email: don@conradcapital.com

Don started his career in the late 1970s at a nationally recognized mutual fund company and was recruited after three years by E.F. Hutton Company to work in the consumer retail division. During his thirteen-year tenure there, he spent two years specializing in and trading the 30-year treasury bond. For the last five years, he served as a senior vice president focusing his efforts in the Consulting Services division, maintaining offices in both Long Island and Manhattan.

In 1993, he was recruited by PaineWebber as a Senior Vice President in the consumer retail division. In addition to managing his clients assets, he was asked by senior management to conduct a nationwide tour to train financial consultants in the Consulting Services division. Don also made a video on the use of advanced technology in the financial services industry. This video was distributed to PaineWebber offices internationally.

After almost five years at PaineWebber, Don decided to pursue his dream by starting Conrad Capital Management in order to offer his clients more choices and flexibility.

Unlocking the Riddle of Kilgore Minerals: Gold Exploration Inside a Uranium Company?

Unless you are a subscriber to Robert Bishops Gold Mining Stock Report, you may not have heard about this budding uranium development company. The companys share price had a healthy rally after the San Francisco Gold Show, last November, when Kilgore Minerals (TSX: KAU) was discussed as a potential takeover candidate. Shares in this little-known minerals company catapulted from the C$0.50 0.60 range to as high as C$1.13/share by February 6th. Pinetree Capital (TSE: PNP), itself a red-hot stock whose shares have quadrupled since early November, announced it had purchased approximately 10.5 percent of Kilgore Minerals (and if the convertible securities were exercised, its ownership could reach 12.9 percent).

What is the excitement over Kilgore Minerals? Norman Burmeister is hardly the promotional type. Even his good friend, letter writer Robert Bishop, describes the company as non-promotional. During our interview, it occurred one might think of Kilgore Minerals as a uranium company inside a gold exploration company. That should become apparent as you continue reading this. And the question was posed to Mr. Burmeister, At the end of this year, will Kilgore be better known as a gold or uranium company. After a long pause, he responded, The objective here is to build a mining company.

Far from the very promotional Howe Street area, where the majority of the TSX Venture exchange companies have offices, Burmeister is nearly reclusive in a small town in Wyoming. Its about ten miles to the nearest stop light, he told StockInterview. Actually, Dubois, Wyoming where youll find Mr. Burmeister is less than 80 miles away from Yellowstone National Park. (Keep driving west on US 287, and youll be in Montana.) When we hear a company CEO talking up that hes going to build a mining company, the phrase grain of salt comes to mind. But a careful review of Mr. Burmeisters resume will snap even the most cynical out of that frame of mind, starting with his graduation from the Colorado School of Mines as a geological engineer. (See bio snapshot at the end of the article.) Hes found and developed a gold mine, found deposits, sold them to a major company. Been there, done it, and now hes ready for something even bigger.

Kilgore Minerals Uranium Projects

Now, Burmeister has got three gold and 12 uranium properties. The uranium properties are convincing, and the company plans a drill program on one, in Nevada. We are in the process of permitting one property for a summer drill program. Its a Nevada property that was drilled out by Utah Mining and Construction, which became a division of General Electric. It subsequently became Pathfinder Mines, when GE was ordered to divest their uranium mining and producing facilities. Hes referring to the companys 46-claim Mountain West property in Elko, Nevada. One might suspect the hand of Dr. Dieter Krewedl in this property selection. Dr. Krewedl was vice president of exploration for Pathfinder in 1990 1995 (and also serves on the board of directors of Strathmore Minerals).

Its not the largest property in our portfolio, but its handy, Burmeister said humbly. Its in a good jurisdiction in ELKO County, Nevada. Its something that we can get permitted and move forward. Its a relatively low cost type of operation. Its something we think our company with our resources can advance significantly within a budget that isnt going to commit the companys entire resources. Burmeister believes the Nevada uranium asset may have a good grade. Its near surface with essentially a low stripping ratio, so it could be mined with a slot type of mining operation, he explained. When a deposit is relatively shallow, the slot type mining method can be used, similar to how a quarry is mined.

His two Wyoming properties in Crook County, comprising 122 claims, were previously drilled by different major companies in each of the three claim blocks. Homestake Mining drilled over 3,000 holes as late as the mid 1980s on the 48-claim New Group block. In one area alone, within a 40-acre tract, over 250 holes were drilled (about six holes per acre). Bethlehem Steels 2 claims in the Oshoto Group consist of an admittedly a small property. But it is right in the center of what was developed in the late 1970s, Burmeister insisted. The joint venture, between Bethlehem Steel and a California-based oil company, did a successful test ISL operation on the property in 1979. As they were winding down the test, and evaluating the results, they had to contend, as did many other uranium exploration companies, with the public outcry after Three Mile Island.

Another uranium property block, the 72-claim Wood Group, was also extensively drilled, by Homestake and Pioneer Nuclear. It is estimated several hundred holes explored the property, and 115 holes were drilled on one 160-acre tract. Burmeister hinted his uranium package was still being assembled. The companys website notes, The Company will continue its efforts on the location and acquisition of historic data associated with its portfolio of uranium properties.

What tickles Norman Burmeisters fancy about this area? It is the Inyan Kara group, he said. His leases are part of a much larger package. There is roll front Cretaceous sediment that surrounds the Black Hills. We have properties on northern part of the system in Montana, we have properties on the western flank, and this is in addition to lands on the roll front on the eastern flank of the Black Hills. And what makes this important? Its the equivalent to the stratigraphic unit that has been highly productive in the Powder River Basin, explained Burmeister. Its also been productive at its southern extremity in South Dakota in the Edgemont District.

Others have been announcing uranium leases in Wyoming, and the state has become a hotbed of claims announcements in recent months. How did Kilgore Minerals come across these? We came by some information in a package of data we purchased that included the definitive location of the roll front, explained Burmeister. I dont think that information was widely known. Thats why these leases were not picked up in the past. I think folks didnt know where that roll front was. That roll front was defined by a major uranium company with over 15 years of exploration in the area, having drilled I dont know how many thousands of reconnaissance drill holes of these things, like one per square mile, over several counties: northeastern Wyoming, southeast Montana, and western South Dakota. That information led to the definition of the roll front where these uranium deposits occur. With that said, Mr. Burmeister is quietly confident.

The Kilgore Gold Project

But which project gets Norman Burmeister talking breathlessly? Ask him about the companys Kilgore gold property in southeastern Idaho. Im very excited about this project, said Burmeister. It was a property that was very high on Echo Bays list. At the time they were active, Echo Bay was one of the major gold explorers of the world. They had a very large budget. This was one of their top projects, possibly even their top project. Indeed, Echo Bay had drilled 122 holes (82,987 feet of drilling) in 1994-96, and bought out Placer Dome for 100 percent ownership of the property. The collapse of junior gold exploration in 1997 led to the project (and all Echo Bay projects) being shelved. Kennecott, Placer and Pegasus each drilled the gold property between 1983 and 1994. Kilgore Gold (wholly owned subsidiary of Kilgore Minerals) acquired 100-percent ownership of the property, after the exploration industry had contracted. The smart buy at the bottom of the cycle, which is what Norman Burmeister did.

During 2006, the main show for Kilgore Minerals will likely be the summer drilling program on the Kilgore gold property, comprising 150 unpatented claims over an area of approximately 4.7 square miles. The technical report (National Instrument 43-101) was filed on the property by G.H. Rayner and Associates, which estimated 218,000 ounces of gold indicated and 269,000 ounces of gold inferred. To ascertain that estimate, nearly 200 diamond and reverse circulation drill holes for more than 126, 000 feet were completed. Major gold companies spent more than $8 million to bring this property to this level of understanding.

As a resource, less than 500,000 ounces is a small deposit. However, a drill intersection, during the summer 2004 drill program, struck a 10-foot section averaging 0.465 ounces/tonne or 14.5 grams per tonne gold. Designated the Elsa Zone discovery hole, the intersection found that gold sample more than 4,600 feet from the 487,000-ounce gold resource.

A preliminary structural investigation by Stanton W. Caddey, a highly respected geological consultant, concluded in an October (2003) report:

The Kilgore prospect area represents a high quality gold project, much of which remains to be drill tested. Most the previous drilling was focused along a peripheral or satellite segment of the main hydrothermal system. The primary exploration potential is for a bonanza, epithermal, gold-rich vein system localized along the major N60W-trending McGarry Canyon NW fault zone and subordinate faults in the area referred to as Dog Bone Ridge Exploration potential at the Kilgore property for more than doubling the present gold resource with further exploration drilling is regarded as excellent.

In May 2004, Mine Development Associates of Reno, Nevada completed a scoping level update of Echo Bays 1996 initial engineering assessment of the Kilgore project. Neil B Prenn, P.E., agreed this is a large epithermal gold deposit, hosted in volcanic and sedimentary rocks, and the resource is hosted within quartz stockwork and in silicified sedimentary rocks. In reviewing Echo Bays work, he observed that instead of calculating a reserve for the property, they described an estimate with high confidence, the potential mineable part of the resources, at 10.087 million tonnes, averaging 1.28 grams/tonne, containing 417,000 ounces of gold. The engineer concluded, The project appears to have reasonably attractive economics if the potentially mineable material can be doubled at $375/ounce gold price.

Burmeister believes the best is yet to come. His summary of Echo Bays previous drilling was simple and to the point, They were focused on a low-grade open pit occurrence, which is very nice. It has a significant resource. In their enthusiasm to move that particular aspect of the project forward, I think they did not have the chance to step back and look at the overall hydrothermal system, which we have done. Burmeister added, We think the best may be yet to come by exploring for a high grade underground type of operation which is very much in favor these days.

The successful drill hole was a blind discovery at 410 feet of depth. Burmeister clarified, saying The first hole that we drilled, we were successful in discovering a blind high grade occurrence of gold beneath the barren sinter. He realized the mistake made during the 2004 drill program, In our enthusiasm to get our arms around this target area, which we call the Dog Bone Ridge area, we took enormous step-outs, and never offset that high grade hole. Subsequent holes were all interesting, museum quality realgar mineralization and stibnite mineralization, which are diagnostic of the epithermal model were testing. We got anomalous gold, but we didnt get any ore grade material.

The Dog Bone Ridge area, as determined by geochemistry, geophysics, geology and structure, is at least 6,000 feet long and 1,800 feet wide. Burmeister explained his better understanding of the target area, We think this is a very recent geological occurrence, and has not been eroded. Typically, there is no gold on the surface on these systems. It comes as the result of boiling. The gold is precipitated out at that level and does not reach the surface. Were actually dealing with a paleo-surface. Our discovery hole was deeper in the system, below the zone of boiling. So I dont think the other drilling we did, the other core holes, they did nothing but reinforce our interpretation of the system.

In July, Kilgore Minerals will proceed where drilling left off in 2004. A recent news release announced, The summer 2006 drill program is expected to commence in July with the first holes designed to offset the Elsa Zone discovery. There are a number of Elsa look-alike definitive targets within the overall Dog Bone Ridge target area that will also be tested. How does Norman Burmeister explain this in laymans terms? Were going to offset that discovery hole and find out what thats all about, he told StockInterview. Well go about the business of evaluating that project because its all prospective. We were targeting a projected structural intersection of which there are many. The success we had with that first hole, its not unique in terms of what we know in the geophysics, the geology, the structure and the geochemistry. Thats not to say that all of those targets are going to be successful, but the size of this system indicates it can host a very significant resource.

It was an exciting discovery hole, and the summer 2006 drilling program could spell success if drilling results match Burmeisters enthusiasm. In closing, he said, That hole could well be right smack in the middle of an ore body. We dont know what the orientation of the zone is, because with one hole, it is impossible to know what the dip and the strike is. We dont know if its close to true width or we hit it at the high angle. But, its very exciting.

Stay Tuned.

COPYRIGHT 2007 by StockInterview, Inc. ALL RIGHTS RESERVED.

James Finch contributes to StockInterview.com and other publications. StockInterviews Investing in the Great Uranium Bull Market has become the most popular book ever published for uranium mining stock investors. Visit http://www.stockinterview.com

The Facts About New Stock

When a company issues stock for the very first time, it is called going public. In order to take a company public, and make it possible for investors to purchase stock, the management of the company has to make an initial public offering. the road to public ownership begins with an entrepreneur coming up with an idea for a product, or service to sell, and then launching a start up business. if the company grows the entrepreneur can obtain funds for expansion in the private equity market. The private equity market is where sophisticated investors have assembled pools of money, that is referred to as venture capital. This is money that these investors have set aside to risk on new business ventures in exchange for a say in how the company is run, and a share of the profits.

Once a company finds that its products or services are in demand, it quickly finds out that the ability of the venture capitalists to provide the necessary money that is needed for the rapid growth that is taking place is extremely limited, and this is when the company decides to go public. First they find an investment broker that will agree to underwrite the stock offering. Then the underwriter help the company prepare a prospectus. The prospectus is a legal document that is made available to anyone that is interested in investing in the company. A prospects provides a detailed analysis of a company's financial history, its products or services, and its management's background and experience. It also outlines the various risks that a company faces.

In-order to attract investors, a press release is issued in the financial press announcing the proposed stock sale. Sometime underwriters will organize meetings between the company's management and large potential investors. The day before the actual sale, the underwriters establish the price that they will pay for each share. This is the amount of money that the company will receive from the stock sale. When the stock is traded the next day, the price can rise or fall depending on whether or not investors agree or disagree with the underwriters valuation of the new company.

If a company has already issued shares, and they want to raise additional money, through the sale of more stock the process is called a secondary offering. Most company's are wary of issuing more stock, since it will de-value that it has already issued usually a company will only issue new stock if their current stock price is high. This help to minimize complaints from existing shareholders that their shares are being diluted. Also if a company thinks that its shares are too low, they will buy some stock back to boost the price of the remaining stock.

To learn the truth about options trading and discover some useful options trading tips then visit: http://www.LearningOptionsTrading.com

10 E-mail Organization Tips

Who doesn't have issues with organizing their inbox!? I receive close to 600 e-mail each day due to the variety of activities and contacts I have online. Some I am truly interested in their content - most I am not.

A big part of keeping your inbox and your e-mail organized is discipline. Yep, good ole' fashioned discipline! You need to make a consistent practice of checking your e-mail and accomplishing several tasks to keep ahead of the increased traffic of bits and bytes finding their way to your inbox.

What are we to do? Let's get organized!

1.Put your DELETE button to work! If you do not recognize the sender, look at the SUBJECT: field. Are there funny characters, alpha-numeric gibberish or it just doesn't make sense? Delete! Don't fall for tricky SUBJECT: fields that say any number of enticing comments only someone you know would say: "You left your umbrella...", "They said it's free!", "Hey how is it going?", "You blocked my IM", "Meeting is Rescheduled", or the one almost everyone wants to open "About Your Tax Refund".

None of these are from friends or folks you know or even companies you are doing business with. They are from spammers - the worst kind too - the ones who underestimate your intelligence by thinking these e-mail will be something you would take seriously. If you dont know the sender and the SUBJECT: field looks off, send them on their way to the trash!

2.Once you go through all your new e-mail and follow step #1 above, you are now ready to determine what to do with the e-mails that are left. Do you have several e-mail from the same party? Do you have e-mail from folks who e-mail you quite regularly? Do you have some e-mail that is personal business and others that are more serious and therefore, you probably need to keep a copy on hand?

This is where filters come in. Filters are your friends! Filters, or Rules as they are called in Outlook, are what allow you to organize your e-mail on the download. Yes, as you download your e-mail it can go into e-mail folders setup for specific topics or contacts!

You can have a "Mom" filter that sends all e-mail from dear old Mom right into your Mom folder. Set up filters to have e-mail from some of your hobby sites, go directly into their own folder. Your best friend can have his or her own folder. Another example is to have information from your financial institutions automatically end up in a folder specifically divided into further folders - Annuity, CDs, Stock, Bonds. The sky is the limit!

A side benefit of filters is that if you organize your e-mail to go into their own folders on download - your inbox has less e-mail that you requested or were expecting leaving only the questionable e-mail for you to review. Filters only need be setup once and they are in place until you delete them. Get your filters tightly setup and you can literally find only e-mail from spammers are left in your inbox.

One thing is clear about being online and e-mailing - it behooves you to become familiar and proficient with your tools. E-mail software being probably the most important. Check the HELP area or Web site of your e-mail software for further guidance on filters or rules. This is reading and skill building well worth the time when you realize how easily you can control your e-mail's organization moving forward.

3.Another use for your filters? As if filters are not already sounding like the best thing since sliced bread, you can use them to send certain e-mail right to the trash bypassing your inbox all together! You know, the e-mails for certain male enhancement products and adult sites - right to trash. Filters and rules can be used to not only send an e-mail to a certain folder by virtue of e-mail address, company or person's name, they can be configured to find certain adult or offensive terms when listed in the SUBJECT: or BODY of an e-mail message to you can send them right to trash on the download - gotta love it!

4.Back to your inbox... We now have filters in place that organize your e-mail on the download so all the e-mail you requested and or are expecting, is in their appropriate folders for you to read at your convenience. Now your inbox should only have the orphan e-mail with nowhere to go. After following the suggestions in #1 above, begin to review your e-mail.

If you run into an e-mail that is from a new mailing list you've subscribed to and plan on getting regular e-mail from, stop right there and make a folder and filter to accommodate these future e-mail. Set up a filter to look for something specific to that e-mail (usually e-mail address works best) and moving forward, on the download, those e-mails will go right into their own folder. Do this for any e-mail topic or contact you plan to receive e-mail from on a regular basis.

5.Read and delete. Read your e-mail as time permits and then delete any e-mail that doesn't have content worth keeping for future reference. Then, empty your trash daily. Loads of e-mail files use a ton of your system's resources. Not keeping copies of e-mail you really will never need in the future helps remove the clutter and drain on system resources.

6.When reading your e-mail you can prioritize when you want to address them. Many e-mail programs allow you to label e-mail by color when viewing a particular folder. For example you could have labels that at a glance tell you how you have prioritized your tasks. Say, red for urgent, blue for later, yellow for maybe. By opening that specific e-mail box you know, at a glance, which e-mail you have set to address right away and which you can get to as time permits.

7.Empty your trash daily but before emptying your trash, you want to be sure to take a quick look-see just in case any of your filters inadvertently picked up on some terms that were included in e-mail that you possibly didn't want to trash. This happens all the time! A quick once-over before deleting your trash will ensure legitimate e-mail you do want to see didn't get lost in the shuffle.

8.Create a folder called Follow-Up, Interesting or To Do. This is where you will file some of the e-mail from your inbox that peaked your interest that you would like to review in more detail but just don't have the time. Then, when time permits you can go to that folder and check into the e-mails worth keeping. Once you review them, though, either send them to another folder for keeps or send them to trash.

9.To avoid e-mail backup, be sure your inbox is cleared each day. Move e-mail to trash, a specific folder or your "To Do" folder, and then empty the trash. If e-mail is older than 90 days in your "To Do" folder - send them off to trash as most likely the information or offer is no longer current. By doing so each day, you keep your inbox clear and your e-mail much more organized.

10.What about all these folders? Have as many folders as you need to be organized and call them whatever will intuitively work for you with a glance. This system is different and unique to each and every user - make sure you use terms and a system that works for you.

The above 10 tips when practiced daily will make the world of difference in keeping your inbox organized and clutter free. Just a bit of discipline is all it takes to be on the road to less time spent dealing with e-mail which frees you up to do other important things... like responding to e-mail.

About the Author:
Judith Kallos is an authoritative and good-humored Technology Muse who has played @ http://www.TheIStudio.com for over a decade. Check out her popular E-mail Etiquette site @: http://www.NetManners.com

Kuala Lumpur Stock Market Outlook - Forecast for the Day - 27 June 2007!

Profit-taking depressed local market. But Dow should stage rebound on Tuesday night.

Technically speaking:

1. As at Tuesdays close at 1366.99 the KLCI was lower by 10.14 points or 0.74%. Losers led gainers 648 to 286.

2. The lower close is a dampener especially after a breakout into new highs last Friday.

3. But as chartists one should expect the unexpected. In other words, if the KLCI should fall further to and violate its lower Bollinger band, one should consider exiting the market at 1348 or lower.

4. But until then, it is possible for the KLCI to stage a rebound.

5. Until the present circumstance, we would be cautious and not buy further.

6. We would wait-and-see and wait for a rebound before adding more positions.

7. Stocks-to-watch for today will, understandably be low. They are: LMCEMT and YTLCMT.

8. We were right about TRANMILE going down to hit the floor. We hope you have exited this stock as based on technical analysis it can make lower lows.

9. We observed that the local stock market moves in tandem with the strength of the ringgit. For the market to rally we would want to see a stronger ringgit. Right now the ringgit is weak.

CONCLUSION: Although it is too early to call a trend reversal, the local market has taken a beating from sellers as funds sell out for fear of further weakness from the U.S. markets. But the technical of the Dow do not seem to suggest that a market plunge is near. Instead we are seeing a Dow rebound. If so, we expect the KLCI to rebound in tandem.

Long-term Upside Targets:1492 (Target amended on 15/6/07).

Immediate downside targets: 1334/1291/1222

Fred Tam is the owner of http://www.fredtam.com and http://www.picapital.com.my F1 Trader Online - Know when to enter & exit the markets.