Archive - Feb 10, 2011

If you’re a gold or silver stacker you’ve likely tuned into GoldSeek Radio. This month the interviewer becomes the interviewee as The Victory Report speaks with the host of GoldSeek Radio: Chris Waltzek.

The Canada Pension Plan Investment Board, which manages surplus contributions for the Canada Pension Plan, said Thursday its total assets were valued at a record $140.1 billion at Dec. 31, the end of the third quarter of fiscal 2011. And it's going on a shopping spree, buying global infrastructure and US commercial real estate...

For all wondering just how prepared for an escalation in the middle east conflict the US is, we present the most recent deployment map of US aircraft carriers across the world, as of February 9. It appears that there is a material concentration of naval capacity in the Middle-east region since last week, as CVN 65 Enterprise, CVN 70 Vinson and CVN 72 Lincoln are all in immediate proximity to Egypt and the Middle-East theater, as is the LHD 3 Kearsarge amphibious warfare ship which is lodged smack in the middle of the Red Sea.

Since this will be a critical night for Egypt, as many of the protesters are now on the move, are expected to besiege both the TV station and the Presidential palace, as well as the amry HQ in Alexandria and other cities, it make be prudent to keep an eye on events as they progress. Select keywords to watch out for are: "oil", "Suez", "rocket-propelled grenades", "escalation" and "onslaught."

The Chinese New Year interest rate hike, as expected was just the beginning. China has just announced it is hiking the Reserve Requirement Ratio for select small and medium banks. This is merely an escalation in what is now becoming an open trade/monetary war between China and the US, which will be lost... by both.

The purpose of this paper is to draw particular attention to the recent disparity in crude oil prices – namely the difference between two benchmarks - West Texas Intermediate [WTI] and Brent [North Sea] Crude. Historically the price of WTI trades at a premium to lesser quality Brent North Sea Crude. This paper lays out the case that the extreme, existing, observable price discrepancies is likely the result of engineered and arbitrary market manipulations – to be discussed below. Such arbitrary price manipulations in the oil markets impact negatively on the oil exporting economies and show favor to oil importing economies.

"In mid-December, we published a lengthy article on why Netflix was our largest bearish bet at the time. With the stock up nearly 25% since then, one might assume that we’d think it’s an even better short today, but in fact we have closed out our position because we are no longer confident that our investment thesis is correct." Whitney Tilson

The $70 billion dollar man would be wise to heed JFK's words ...

RANsquawk Market Wrap Up - Stocks, Bonds, FX etc. – 10/02/11

Wonder where the 3 million strong crowd is going? Wonder no more. It is going here...

In the meantime, it begins:

EGYPT SECURITY HQ IN RAFAH ATTACKED BY ROCKET PROPELLED GRENADE

In the meantime, for those who remember what happened to Romania in 1989, get ready to for a Bucharest rerun in Cairo. CL is very cheap here as the march to the presidential palace begins.

Mubarak announces he will not step down. 3 million very angry protesters coming up next.

Well, they threaten to sell our crap, we punish them for pegging to the world's most manipulated currency. Quid pro quo Clarice.

This is an almost identical replica table to the one we posted three months ago when CSCO experienced its most recent plunge, which however paled in comaprison to today's. Following yesterday's abysmal results, here are the biggest losers now that CSCO is trading at the lowest price since July 14, 2009. The usual biggest loser suspects are not surprising. Neither is #16 Goldman Sachs Asset Management with $142 million in losses in one day in one stock.Way to go GSAM: reputation well-deserved.

This just in...