Read About W-N NP story on W-N Contact W-N and Map Invite to Wed1375 Wednesday Night Salon #1375 2 July 2008 Page 2 Introduction photo imgs imgs Thursday 25 Apr 2007 To day NYT Podcast | Menu Radio Like the report of Mark Twain's death, reports of the death of radio –at least FM – are greatly exaggerated. Real estate Bulletin Board www.flickr.com More of davidnicholson's photos tagged with Wed1375 Wed 1375 slide show Canadian dollar is expected to decline against its U.S. counterpart. The economy See also JACQUES CLEMENT: Pages ON THE ECONOMY Previous Videos Notes by Herb Bercovitz OWN Editor: Diana Thébaud Nicholson OWN Radio, the long-lasting treasure intro Wed1375 | Wed1375 slide show Oil DTN OWN more Louise | DTN Diana Nicholson OWN slides | hands | all | & Louise 3-M slides | albums | all Gerald Ratzer OWN Note Wednesday-Night creates charts and follows stocks, including timely related financial news items, in which Wednesday Nighters are interested and in order to demonstrate a service that could eventually be developed and marketed. Wednesday Nighters are invited to participate and help to test the service. see Wednesday-Night.com Flip charts QUOTES of the EVENING from recent Wednesday Nights 2008 From #1375 invite It’s not a Bush problem, it’s an American problem. He is playing double or nothing. He is trying to shift the responsibility from the Coalition to the Iraqis New York City has more police officers than Iraq has troops More Quotes Short | Full List www.flickr.com This is a Flickr badge showing public photos from davidnicholson tagged with diananicholson. Make your own badge here. Diana Nicholson Past Quotes Best or All Mouse bio see Diana show hands | RJG | Album Herb Bercovitz OWN Galbraith imges his page See slides | Album and Art slides | Album W-N Links for this W-N nsnbc Economy Where Next a NewYorker Cartoon every 30 sec. see w-n Right Menu => Harper's Home 2008 Notes for this Wed-Night www.Wednesday-Night.com/Wed1375page2.asp - At Wed1375 9 July 2008 Robin Griffiths talks about China - 38 sec Video page - Chil Heward gets the OWN 9 July 2008 - 3 min Video page Tonight Ron Meisles gave us as his better buys Vitera (VT) SNC-Lavalin (SNC) Sensient Technologs (SXT) Commercial Metals (CMC) Methanex (MX) THE LAST DROP: The four most dangerous words in investing are "This time it's different." - John Templeton (1913-2008) Thursday 10 July 2008 OTTAWA: HIGH OIL PRICES REPORTED DOING MORE HARM THAN GOOD A report by the Bank of Montreal says that soaring oil prices are having an overall negative impact on Canadians and their economy. Douglas Porter, BMO's deputy chief economist, writes that the conventional wisdom has been that the economy benefits on net from higher oil prices because of the country's role as a major and growing energy exporter. But Mr. Porter says that consumers are paying a steep price in terms of high gasoline, electricity and heating expenses. The economist notes that fuel costs have risen to a point at which households spending a record seven per cent of their revenues on energy. Mr. Porter writes as well that industry is suffering greatly from higher production costs and the slowdown in the world and U.S. economies due to fuel costs. According to the economist, the turning point came when the price of a barrel of oil reached US$120. It was trading at about $137 on Wednesday. Wednesday 09 July 2008 Fed ready to aid investment banks New rules on lending could protect homebuyers The Federal Reserve may extend into next year a facility that gives investment banks access to emergency cash if the financial turmoil persists. The lending facility was put in place in March to stabilise the financial system as Bear Stearns collapsed. Fed chairman Ben Bernanke also called on Congress to give the central bank more authority to supervise markets. Wednesday 09 July 2008 OTTAWA: CENTRAL BANK ENDS SPECIAL CREDIT LOANS The Bank of Canada has announced that it has ended its injections of cash to chartered banks through short-term loans, saying that the credit conditions that resulted from last summer's subprime mortgage crisis in the U.S. have eased. The bank says it will continue to monitor markets and if necessary to intervene to provide liquidity. The U.S. Federal Reserve, on the other hand, has said it will continue providing short-term loans to financial institutions until the end of the year. Wednesday Jul 9, 2008 Don't believe everything you hear from financial analysts Here's a piece of good advice: Don't always trust the financial advice you get. Supply on demand Buyers like China are bypassing commodities markets altogether and going right to the source Two CEOs I know--one at an oil company, the other at a gold miner--recently had strange encounters with Chinese counterparts. A Chinese oil company and its apparent partner, Standard Bank of South Africa, offered to buy a lot of oil for five years. It would be a direct sale--no middlemen, brokers or spot market involved. "They didn't care about the price," the oil executive says. "All they cared about was locking up the supply." The gold company had a similar experience. The price offered was extraordinarily high, but the Canadian CEO didn't bite. He wondered what the Chinese knew about long-term demand that he didn't. Maybe in five or 10 years, the price won't look as high as it does today. Welcome to the world of direct-sale commodity deals, better known as "off-take" deals and sometimes bilateral deals. In such arrangements, the commodity--oil, natural gas, base minerals, precious metals, iron--doesn't go to the London Metal Exchange (LME) or other public energy markets. There are no intermediaries. The commodity is, in effect, locked up and taken off the global market. These kinds of deals are suddenly everywhere, to the point that some energy and mining bosses think that the whole concept of open and transparent global commodity markets, where the highest bids get the shipments, is coming to an end. http://www.theglobeandmail.com/servlet/story/LAC.20080627.ROB7PG32/TPStory/Business Diana's site | RSS feed Wednesday, April 23 2008 Ex-Tory candidate refused money scheme David Marler wouldn't accept funding manoeuvre Rex Murphy's Point of View index see also Wednesday-Night.com MedicalNotes Would you like to the Computer Box Click Here To Add Wed1375page2.asp To Your Favorites More Info About... Read Cookie for Site Wed1375 9 July 2008 with Robin Griffths intro by Chil Heward intro His Son Geoffrey Heward and Maureen Farrow Udo Stundner OWN, our Swiss Banker and Donald T. Walcot, CFA Dr. Guy Stanley OWN< OWN imgs with wife Yvette Biondi & Gerald Ratzer OWN, imgs then vs Beryl Wajsman [img] & StevenLightfoot on camera Diana also Ron Meisels OWN RJG photos, page and Bruce Kippen, direct from the oil patch Roslyn Takeishi | Allan Mass OWN and Louise des Trois Maisons | Robert Travers hunt Diana and | flickr show 1375 imgs | Invite page Diana and NYT Podcast Wed nyt | latest nyt Audio video list All | Diana's page | pan 2400x211 Please click here to see new/updated pages since last visit www.iedm.org/ coming Events Wed1375 report Wed1375 invite Wed1376 invite The views above are neither those of the authors nor the owner of the website, but merely reflect discussions that took place on this evening