Archive for April, 2008

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Gold: Possible Buying Opportunity

April 27th, 2008

WARNING: This is not a recommendation to buy, sell or hold any financial instrument. For aggressive investors who know how to manage risk, consider buying some gold. Here are some technical factors that I find interesting across two different intervals: DAILY INTERVAL 1. The support at around $885.50 has held three times in recent weeks. […]

Nitro-Pak Pushes Back Ship Times to 10-18 Days

April 26th, 2008

Note: Cryptogon is a Nitro-Pak affiliate. Nitro-Pak was running only 4-8 days behind for a long time. They just now increased order processing times to 10-18 days. Like I said, I’m not going to preach about this. Just FYI. Via: Nitro-Pak: PLEASE NOTE 04/26/08 UPDATE: Due to EXTREMELY high customer demand and market volatility, our […]

Cutoffs and Pleas for Aid Rise With Heat Costs

April 26th, 2008

Via: New York Times: After struggling with soaring heating costs through the winter, millions of Americans are behind on electric and gas bills, and a record number of families could face energy shut-offs over the next two months, according to state energy officials and utilities around the country. The escalating costs of heating oil, propane […]

Cryptogon Readers Send Contributions

April 26th, 2008

Thank you. MW $20 TM $20 BP $10 Anonymous2 $10

U.S. Cargo Ship Fires Warning Shots at Iranian Boats in Persian Gulf

April 26th, 2008

Via: AP: Oil prices rose sharply Friday on news that a ship under contract to the U.S. Defense Department fired warning shots at two boats in the Persian Gulf. Retail gas prices as expected rose further into record territory, nearing $3.60 a gallon. Crude prices rose on initial reports that a U.S. ship had fired […]

FBI Wants to Move Hunt for Criminals Into Internet Backbone

April 26th, 2008

In other words, FBI wants to look for “illegal activity” in the intercepts that the NSA is already collecting. Via: Ars Technica: I think legislation has to be developed that balances on one hand, the privacy rights of the individual who are receiving the information, but on the other hand, given the technology, the necessity […]

UK: BP Shutting Key Oil, Gas Pipeline System Over Ineos Strike

April 26th, 2008

Via: MarketWatch: BP will begin shutting down its Forties Pipeline System, Saturday night due to a strike at Ineos’ 210,000-barrel-a-day Grangemouth refinery, a BP spokeswoman told Dow Jones Newswires Saturday. “We will begin ramping down production through Forties overnight tonight,” a BP spokeswoman said. “(The Forties Pipeline System) is to be completely shut down by […]

Computer Security Community Warns High Street Chains

April 26th, 2008

Via: Times Online: High street chains will be the next victims of cyber terrorism, some of the world’s elite hackers have warned. They claim it is only a “matter of time” before the likes of Tesco and Marks & Spencer are targeted. Criminals could use the kind of tactics which crippled Estonia’s government and some […]

New Zealand Food Prices Increasd 28.5% Over the Last Year

April 26th, 2008

I feel pretty silly for being coy about mentioning specifics related to the food situation here in New Zealand recently. Look at what was plastered across the New Zealand Herald front page today, in Second-Coming-of-Jeebis typeface: Front page, New Zealand Herald, April 26, 2008 Via: New Zealand Herald: Shoppers can expect price rises on all […]

U.S. Department of Justice: International Criminals Launder Billions of Dollars Through U.S. Financial Institutions, and Invest Profits in Publicly Traded Companies

April 25th, 2008

I had always assumed the entire business of the markets to be a massive criminal enterprise that allowed public participation simply because it made a few people extremely wealthy… Assume maximum criminal behavior… —Insider Crimes, Funny Money and Options Rackets I told you that trying to trade this crap, as a retailer, is the equivalent […]

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