Investing.

Little or nothing to do with distillation.

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bushido
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Post by bushido »

Canada produces it's own sugar also out west, but it is still a commodity financed by speculative investment. If you are into investing, commodities are the only place you can get 10:1 purchase power on your investment dollar. A good go as long as you are a careful investor who is capable of doing a little research. If not, well, you could end up with a hundred ton of oranges dumped in your front drive :lol:
birdwatcher
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Sugar Price

Post by birdwatcher »

bushido wrote:Canada produces it's own sugar also out west, but it is still a commodity financed by speculative investment. If you are into investing, commodities are the only place you can get 10:1 purchase power on your investment dollar. A good go as long as you are a careful investor who is capable of doing a little research. If not, well, you could end up with a hundred ton of oranges dumped in your front drive :lol:
I don't invest in commodities, however I check prices daily because I manage my own investment portfolio, which contains oil,natural gas, copper, zinc, gold, uranium etc. stocks.

The sugar report (above posting) simply popped up on one of the many investing sites I monitor.

Cheers,

G
My sugar wash for ethanol is under the Tried and true recipes forum.
bushido
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Post by bushido »

Right-on BW. I'm the same, I don't believe in giving anybody my money to play with. If I lose it, well shame on me.
Are you high risk, long term, or combined? Play any real estate?
birdwatcher
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Post by birdwatcher »

bushido wrote:Right-on BW. I'm the same, I don't believe in giving anybody my money to play with. If I lose it, well shame on me.
Are you high risk, long term, or combined? Play any real estate?
Yes I'm always amazed at my friends who pay a financial consultant say 1% of thier portfolio value, who then buys mutual funds charging a MER of say 2%. He might be receiving a commission for his choice.

I'm not a high risk player because I'm retired with no pension, and depend on my income to eat. I am an active trader but for the most part play large cap stocks. I take the odd fling.

Real estate in the form of REITs from time to time.

Were you hurt by Dumb Nuts Halloween surprise?

Market looks like it could rebound today.

Have a good one.

G
My sugar wash for ethanol is under the Tried and true recipes forum.
bushido
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Post by bushido »

"He might be receiving a commission for his choice."
:lol: Yes, most do not realize that a broker can get a kick back from large firms in disguise as performance bonuses. If your broker works for a large firm, he is usually directed as to which companies to push by his firm. Silly boys :P

"Were you hurt by Dumb Nuts Halloween surprise? "
No, I don't invest in the traditional sense. I am more of a hit and run type, I do not use a broker to buy/sell, I deal OTC with my bank. This was how I learned. I target primarily high tech and energy. I have done blue chip in the past, but it's been a while. I do enjoy playing penny stock though (VSE), it just has that thrill for me of quick action.

I haven't played commodities for 2yrs or so, just because I am lacking in time to do the necessary research. Do ok though when I do work them, only stung once, and even that worked out in the end to a break even/marginal loss.

When they change the capital gains laws back around the early 90's I got hit hard. The shelters I had were taken away.

"Real estate in the form of REITs from time to time."
Whats your margin on these, or are the profit/loss based? I've never looked into public RE investing. I am doing wind share though, investing in alternative energy, primarily wind farms. Hydro just joined CANSIA, it is going to change the way Canada looks at alt. energy. Something to watch for sure.

Anyway, I've got to be boring the crap out of you by now BW, so i'll let you go in peace :lol: Take care.
birdwatcher
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Post by birdwatcher »

REITS are real estate trusts traded on th TSX. A portion of thier profits are paid out monthly in the form of a dividend.

You buy and sell them just like stocks.

I trade online. Your bank probably has a site. I use Action Direct which is RBC.

Check it out, you might find it more convenient.

Have a good weekend. Spring is finally here.

G

PS We are off topic. If you want to continue reply in Off Topic with heading
say Investing. We might find some others who are interested.
My sugar wash for ethanol is under the Tried and true recipes forum.
bushido
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Post by bushido »

Hew BW! In their great wisdom, I see the mods have moved the thread for us.
How many here are interested in investing in one form or another?
How should we approach this thread, just pass the gas, or should we be more basic in our approach so that others with a beginners interest don't get lost?
For eg., I invest in other long term areas of personal interest. In this area, books are my passion. I buy up original copies of letters and poems by lord george gordon byron, alfred tennyson, etc. I specialize in war time dime store novels such as Doc Savage and the Avengers. Here and there I buy rare comics. This is only one form of investment, and far away from what BW and I are speaking, but the essence is the same, buy low and sell high.
As far as stock and bond goes, there are also different ways of investing, such as long term, usually blue chip and govt bond notes, such as I believe BW would have a large part of his portfolio made up of, just from his goals, he likes the steady dividends which they provide. On the other end is high risk investments, such as emerging markets and new technology companies. You may yield higher returns if you choose wisely, or lose if you pick poorly.
Rule of thumb, if you can't afford to lose it, don't invest it. Anything can happen.
Anyway, somebody point the way. Maybe you BW, how did you begin investing? Was it through stock options at work, or another way?
birdwatcher
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Post by birdwatcher »

Hi B,

Very interesting coincidence. I too collect books i.e. first editions. In the 80s I got fed up with the stock market for a while and being a fly fisherman, tie my own flies etc I decided to collect historic fishing books.

I would scour used book stores and buy them at specialty book auctions. There was a guy in Mass. Oininen(now deceased, but still in business) who specialized in valuable hunting and fishing books.

I would buy one here and there and by 1993, when I retired, I had a collection of about 200 books, mostly British and American. I had one in Latin, printed in 1544, mentioning fishing. I figured at the time over the years I had invested maybe Can.$20,000.

Because they were uninsured I started to worry about fire ,theft etc. so I packed them all up in my van, drove to Mass. and left them with Mr. Oininen to auction them for me. They netted me US$45,000.00.

A very interesting 10-12 year activity. Now I collect first editions of Patrick O'Brian, the author of the sea novels. Master and Commander, the movie,
was made from his first book.

But I have others. i.e. I have two grand children and I recalled how much I enjoyed a book called Bob, Son of Battle a dog story. The book was read to us when I was in grade six.

On a whim I went to Ebay and there was a first edition 1889 with a starting bid of $3.00. I got it for US$10.50 including shipping. Then I looked it up on a site called Bookfinder and found it. This book sells in used book stores for over US$100.00 depending on condition. There you go. Fun.

Now, the stock market. Firstly we have strong membership in this forum from Canada, US, Australia, Britain. All have stock markets and emerging businesses that people locally might have inside knowledge about that might be shared.

One company I have researched and own is a little mining company called
Amerigo Resources, ARG on the Toronto Stock Exchange. Not expensive
around $3.00 a share. This company has a unique situation. It is headquartered in Vancouver and has its operation in Chile.

Chile is a major copper producer and has major mines that have been in production for over 100 years. The by product of copper mines is the tailings i.e. what's left over after the ore is refined.

These tailing contain a small amount of ore , but uneconomical to refine in a large way. This little company has found a way to refine the tailings and they make bags of money.

So much so, they actually pay you a dividend of Can$ 0.13 or 4.20%. Not covered by a lot of analysts at the moment, but the guy who put me on to it expects this stock to triple in the next 1-2 years. Not bad, when you consider they will pay you 4.2% on your money while you wait.

A by product of copper is molybdenum a major component of steel.

How does a person buy this stock. Walk into your bank, ask for an investment person and tell him/her you want to buy some shares traded on the Toronto Stock exchange. They will charge a fee for this service which will be explained to you.

Welcome all who are interested in joining The International Distillers Investment Club. Send us your tips or inside information and let's make some money.

http://www.amerigoresources.com" onclick="window.open(this.href);return false;" rel="nofollow

Amerigo's wholly owned subsidiary, Minera Valle Central (MVC), produces copper and molybdenum concentrates from tailings from the world's largest underground copper mine, Codelco's El Teniente mine, a copper producer for the past 100 years with remaining ore reserves lasting many more decades. MVC is treating all the fresh tailings from El Teniente's present production and has the right to treat the higher grade tailings from a 200 million tonne in situ tailings impoundment known as Colihues that is located next to MVC's plant. In 2005 MVC produced close to 30 million pounds of copper and more than 680,000 pounds of molybdenum. Annualized production is projected to increase to approximately 60 million pounds of copper and 1 million pounds of molybdenum by the end of 2007.

G
Last edited by birdwatcher on Sun Apr 22, 2007 4:49 am, edited 1 time in total.
My sugar wash for ethanol is under the Tried and true recipes forum.
CoopsOz
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Post by CoopsOz »

I love this site....my two main interests are now covered, making good money and making good booze. I will be reading this thread with interest, unfortunately I have little to offer :cry:
It is most absurdly said, in popular language, of any man, that he is disguised in liquor; for, on the contrary, most men are disguised by sobriety. ~Thomas de Quincy, Confessions of an English Opium-Eater, 1856
bushido
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Post by bushido »

Here's a good one to look at BW if you are into energy.

Kirtland Underground Munitions Complex (KUMSC) (this is 300 feet underground!)in New Mexico is the center of U.S. nuclear weapons operations. It also holds the key to a tiny $5 uranium enrichment stock that could hit $50 in the coming months.

This $5 company could deliver a 1,000% gain in the next 12 months. Even at half of this, you could profit 500% over the next year!
Kirtland has been the U.S. military center for nuclear weapons administration and operation since the Cold War. It also happens to be the largest nuclear storage facility in the world.

According to the Nuclear Energy Institute (NEI), there are already 103 nuclear plants in the United States...providing 20% of their countries electricity!

The U.S. Department of Energy states that there are 442 nuclear power plants operating in 31 countries around the world. This is 25% of the world's electricity.

Uranium enrichment hasn't changed in over 60 years.

The nuclear industry has been searched for a cheaper way to enrich uranium for years without success.

During the 1980s and 1990s the United States, France, Britain, Germany, South Africa and Japan attempted to develop laser-enrichment technology, but all failed.

One U.S. effort involving 500 scientists gave up after spending $2 billion.

Fortunately, a tiny $5 company has developed a new way to enrich uranium. Thanks to 18 years of research, this company has figured out a way to enrich uranium using lasers.

And here's the thing: This new "laser enrichment" technology is potentially 18 times more cost-efficient than both gas diffusion and centrifuge. That means nuclear power plants could reduce their costs by up to 90% using this new technology.

Consequently, the U.S. government officially stepped in to give this $5 company a bone-crushing competitive advantage.

On June 26, 2001, following an investigation of the new laser technology by the U.S. Department of Energy (DOE), the U.S. Secretary of Energy determined that the new enrichment technology would be classified "RD" -- Restricted Data.

Kirtland owns this new laser technology. But the company is very small and lacks the resources necessary to distribute this new technology to every nuclear power plant in the world.

But here's the thing: This company just landed an exclusive contract with one of the largest power companies on the planet. It now has a $374 BILLION company backing them.

Kirkland already has $26 million cash in the bank and no long-term debt.

Well worth your consideration! You may want to check it out :wink:
birdwatcher
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Post by birdwatcher »

Thanks B, I'll take a look. I'm very bullish on uranium. I hold SXR traded onthe Toronto Stock exchange.

What is the symbol of your stock and where does it trade.

Cheers,

G
My sugar wash for ethanol is under the Tried and true recipes forum.
bushido
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Post by bushido »

:oops: All that and I forgot the exchange info. :?

Silex Systems LTD. Australian Securities Exchange (ASX)
ASX code: SLX

Their major backing is now Westinghouse Electric Company
bushido
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Post by bushido »

Uranium is up $25. now since Feb., from $52 to just over $80. Silex is now up to 11.5 from $6 in Feb.
Stay away from copper this summer, but do some research into cobalt mines! These stocks are going to fly this year.
Anyway, enough stock watch for the day. Later guys.
rezaxis
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Post by rezaxis »

So how does someone in America buy and sell stocks listed on the Australian stock exchange?
Shine on!
possum
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Post by possum »

I remember looking for reaserch on the Silex (laser assisted isotope enrichment) method, and it was indeed both patented, and Classified. Maybe there were some improvements, because when I was researching the Aussies were the only ones considering it, and they had decided not to continue with it comercially, but things can change.
Hey guys!!! Watch this.... OUCH!
bushido
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Post by bushido »

trading is all-electronic and the exchange is a public company, listed on the exchange itself.
Easiest way to buy is through a overseas broker, though it is the most expensive. when you call a broker to get a quote, he comes back with the bid/ask rates of the stock traded and provides you the USD converted quote. I know Ameritrade (TDAmeritrade etc) and Fidelity both provide this service. Scottrade also if I'm not mistaken In the U.S., you cannot trade directly on the ASX.
bushido
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Post by bushido »

These are headlines supporting the slip in copper prices in just the last month(not even). If you are interested in any of the stories, just ask and I will paste them.
Just for the 'ell of it, I will track copper here for the next month or two.
Today it is 363.85.


5/3/2007

COPPER SLIPS

5/3/2007

COPPER LITTLE CHANGED IN ASIA

5/3/2007

COPPER UP AS PERU STRIKE CONTINUES

5/2/2007

COPPER STEADY

5/1/2007

COPPER FLAT

5/1/2007

COPPER AND GOLD UP

5/1/2007

GLENCORE`S ZAMBIA COPPER MINE CLOSED

5/1/2007

LME COPPER STEADY

5/1/2007

COPPER, ZINC FALLS IN ASIA

4/27/2007

COPPER FALLS

4/27/2007

SHANGHAI COPPER FALLS

4/27/2007

COPPER MAY FALL NEXT WEEK

4/27/2007

COPPER SLIDES ON PROFIT-TAKING

4/25/2007

COPPER CONTINUES TO CONFOUND

4/25/2007

CHINESE COPPER USERS SLOW BUYING

4/23/2007

COPPER FALLS IN LONDON

4/23/2007

COPPER PRICE COULD FALL

4/23/2007

COPPER DRIFTS LOWER

4/23/2007

COPPER FALLS IN LONDON

4/20/2007

COPPER STOCKS DECLINE

4/20/2007

SHANGHAI COPPER DOWN

4/20/2007

COPPER MAY FALL NEXT WEEK

4/19/2007

SHANGHAI COPPER FALLS
hornedrhodent
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Post by hornedrhodent »

You'll be 'investing' in the Pokies next!


Wanna buy a big bridge in Sydney?
bushido
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Post by bushido »

What's a "pokie" HornedRhodent? Never heard the term before. Aussie term?

Monday, uranium surged 19% in the spot market to hit $113 per pound.
CoopsOz
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Post by CoopsOz »

Pokie's are the devil. Poker machines or as they are also known "one armed bandits"(although the arm is long gone). They have ruined all music venues in this country and more importantly, many, many families. :evil: :evil: :evil:
It is most absurdly said, in popular language, of any man, that he is disguised in liquor; for, on the contrary, most men are disguised by sobriety. ~Thomas de Quincy, Confessions of an English Opium-Eater, 1856
bushido
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Post by bushido »

Ahhh. Yes, they are irritating when you're trying to listen to a band. Gotta be the one thing I don't play at the casino, though I used to play a lot as a kid in the corner store. And asteroids...I used to rule! :lol:
bushido
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Post by bushido »

copper closed today at 342.40, down from 363.85 may 3rd down 20. in just 2 weeks. I suspect this trend will continue through the summer for sure.
Uranium just passed 120, up from $52 in late Feb.
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