 | | Tuesday, August 16th, 2005 Baltimore, MD
Jackson, WY
Missoula, MT | Where Can You Buy Gas for 12 cents/Gallon? |  - Copper Hits an All-Time High, Again
- Palladium Soon to be in Demand
- Pentagon to Buy Body Armor for 500,000
- Worldwide Gasoline Prices
| 
"With the strike ongoing copper has potential to climb even higher, although if LME [London Metals Exchange] stocks continue to rise, the market will become vulnerable to periodic sell-offs which could become aggressive if they trigger fund liquidation selling."
- William Adams, analyst for BaseMetals.com. |
Dear Wealth Daily reader:
 For the second day in a row COMEX September copper rose to an all time high this morning touching $1.738 per pound.
Copper prices continue to climb as the labor strike at the Phoenix-based mining company Asarco, that has been going on for over five weeks, continues to feed supply concerns.
Investment fund buying has driven copper prices up over 16 percent from the start of the year.
Palladium Soon to be in Demand
Many analysts feel that the demand for palladium, platinum's little brother, is soon going to rise.
In a conference call with precious metals analysts, Stillwater Mining president and CEO, Frank McAllister commented on "dwindling" palladium inventories.
McAllister explained that the Defense of Department logistical palladium stockpile is being sold off. He also believes that the automotive industry has depleted its stockpile.
Chinese jewelry manufacturers are using palladium to manufacture all types of jewelry at an astounding rate.
Over the past two and a half year palladium prices have been relatively flat. But as demand for the metal grows the price will inflate.
Advertisement BUY! BUY! BUY! The Great Canadian Auction of 2005! After the recent $1.1 billion acquisition of oil sands upstart Deer Creek Energy by France's Total SA and Kinder Morgan's $5.6 billion purchase of oil pipeline company Terasen...
 The Globe and Mail newspaper reports... - "Oil sands producers seen ripe for takeover."
And today TheDeal.com says... - "Canada's oil sands may spark frenzy..."
A tiny $4 oil sands company sitting on $60.4 billion worth of oil could be the next big winner.
Read my exclusive report:
[PE... My New Oil Sands GIANT]
The Pentagon to Buy Body Armor for 500,000 The Department of Defense is actively seeking new body armor for 500,000American troops.
For the second time since the Iraq war began, the Pentagon is replacing body armor for U.S. troops in Afghanistan and Iraq, citing the need for better protection that can withstand the strongest of attacks from insurgents.
The effort would upgrade the protection used by more than 500,000 soldiers as well as civilian employees and news reporters.
The current replacement is expected to take several more months to complete.
Pentagon spokesman Paul Boyce said Saturday, "Obviously, the body armor is manufactured and tested to exceptionally high standards. This is not the type of technology that is readily available from a local hardware store. It's very exact.
Advertisement "Brilliant service. Stop selling subscriptions." That's what one member of the Daily Energy Alert recently said.
It's easy to understand why he's protective.
We made 108% on our April 5th trade in Natural Gas... after holding it for just 17 days...
And turned around and made another 88% on Natural Gas in just 28 days!
Only 900 members will be allowed to join the Daily Energy Alert:
For more info:
[DEA... Play With Transparent Poker Cards]
"But as new technologies emerge, the Army works aggressively with the commercial industry to develop, test and produce the best possible equipment for our soldiers. Members of Congress have been briefed, and they have been fully supportive," he said of the latest replacement effort.
The new armor weighs about 18 pounds, about one pound heavier than the original plates, and consists of thicker plates that could shield soldiers against stronger attacks.
No specific companies were mentioned in the statement released by the Pentagon over the weekend. However, the DOD said that the upgrades will cost at least $160 million.
Jacksonville-based Armor Holdings announced last week that the company received a contract worth $14.4 million to provide ceramic body armor.
The order is drawn from a $66 million indefinite delivery/indefinite quantity contract already in place.
This leaves $94 million open for competitors such as DHB.
Recently body armor stocks have taken a hit. But as the conflict with Iran intensifies, more orders are certain to be coming in to protect US troops.
Advertisement Heat Wave = Wealth  The record heat wave gripping America has pushed the Dow Jones Water Utilities Index to an all-time record high.
And the 5 water stocks in the Phantom Trader portfolio are now up an average of 36.6% since October '04.
In fact, my #1 water stock has outperformed the Dow, NASDAQ and S&P 500 combined, during that period.
Trading at a market cap of just $250 million, I think it's worth 1 billion dollars. Buy it now...
For more info:
[#1 Water Stock Report]
Worldwide gasoline prices Think gasoline is expensive in your town? Try filling up in Amsterdam.
While gasoline prices in the United States have recently hit record highs they are actually much lower than in many countries.
Drivers in some European cities are paying nearly 3 times more than those in the U.S.
In a few Latin America and Middle-East nations where oil is produced by government-controlled companies, local gasoline prices are kept low as a benefit to the nation's citizens.
At a measly 12 cents, it's almost worth it to drive to Venezuela to fill up your tank.
- Luke Burgess
To remove yourself from the Wealth Daily Profit letter, visit: Remove.
www.wealthdaily.net
Wealth Daily Profit Letter, Copyright (C) 2005, Angel Publishing, LLC. All rights reserved. No statement or expression of opinion, or any other matter herein, directly or indirectly, is an offer or solicitation of an offer to buy or sell securities mentioned. While we believe the sources of information to be reliable, we in no way represent or guarantee the accuracy nor the statements made herein. Neither the publisher nor the Editor are registered investments advisors. Subscribers should not view this publication as offering personalized legal or investment advice. Unauthorized reproduction of this newsletter, or its contents, by Xerography, facsimile, or any other means is illegal and punishable by law. Please note: It's not our intention to send email to anyone who doesn't want it. If you would like to remove yourself from this mailing list, please see the instructions at the bottom of this message. NOTE TO OUR READERS: Angel Publishing, LLC and Wealth Daily Profit Letter do not act as an investment advisor or advocate the purchase or sale of any security or investment. Investments recommended in this publication should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company in question. | |
0 Comments:
Post a Comment
<< Home