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Write-Downs To Hit $400 – $600 Billion. The Axeman Cometh And He’s Not Accepting Visa. Gold Coins Only Please

Posted by AGORACOM at 9:09 PM on Wednesday, March 5th, 2008

Back on November 27th I wrote a story titled “The Worst Is Yet To Come For US Financials“. The story was accompanied by the following mortgage reset chart courtesy of Bank of America:

The “don’t worry, be happy” crowd at CNBC and other financial media refused to report on the true size of this debacle and chose to amplify “self-interested commentators that are itching for the US Federal Reserve and Congress to bail them out” (from Information Arbitrage).

Nonetheless, me and many bloggers who are not conflicted by the mainstream stuck to our guns and continued to do our best to warn investors of what we could see coming over them hills.

Well it’s officially over the hill and coming straight for us, with this Bloomberg story quoting both Goldman Sachs and UBS AG that credit losses will hit $400 – $600 billion respectively.

If you think the answer is simply cutting interest rates, then you are new to the blog and I forgive you. Please read my January 3rd post titled “Checkmate Coming For US Fed“. In fact, read all my posts in my $1,000 Gold Category.

The Axeman cometh, there is no stopping it now. All you can do is pay him off with gold coins in your pocket. Don’t have any? Get some. They’re still cheap at just $US 985/oz.

Regards,
George

 

AGORACOM Financial News TV – Breaking Small-Cap And Micro-Cap Financial News At The Open (Mar 4/08)

Posted by AGORACOM at 9:18 AM on Tuesday, March 4th, 2008

Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on our TV show this morning. It’s March 4th and we’ve found 6 great press releases and stock halts from both sides of the border to report on at the open.  Another great day for small-cap and micro-cap financial news.

If you are new to the show, it is a daily, fast-paced, edgy report that we put out at or before the open everyday that strictly reports on the best small cap and micro cap news of the day in 3-5 minutes. You can watch AGORACOM TV right from our home page .

If you miss an episode or want to search for your company in our archive, you can visit our industry leading Small-Cap Podcast site at any time:

If you want to subscribe to our Small-Cap RSS Feed and download our podcast everyday via iTunes, or your favourite podcatcher, just use the following:

As always, don’t forget to visit the AGORACOM Marketplace where we list compelling summaries for over 85 great small-cap and micro-cap companies that you can sort by exchange and industry to suit your personal investing tastes.

TODAY’S SMALL-CAP AND MICRO-CAP BREAKING FINANCIAL NEWS BEFORE THE OPEN

Our daily show focuses on content over form so that you can get profitable information into your hands as fast as possible. The same holds true for these entries in our small-cap, micro-cap news blog, where I simply cut and paste my TV notes for your benefit, without any editing, so don’t give me a hard time! 🙂

Now, onto our show notes for the day.

** Denotes an AGORACOM Client. AGORACOM TV Only Reports News From AGORACOM Clients That Meets The Same Newsworthy Threshold Of All Other Press Releases.

  • ** Anglo Swiss – TSX-V:ASW $0.32
  • Reservoir Capital – TSX-V:REO $0.84
  • Gitennes Exploration – TSX:GIT $0.28
  • Millstream Mines – TSX-V:MLM $0.22
  • Vector Systems – OTC BB:VECT $0.80
  • Reflect Scientific – OTC BB:RSCF $0.72

AGORACOM SURVEY: 83% Of AGORACOM Visitors Trade Via Online Broker

Posted by AGORACOM at 3:24 AM on Tuesday, March 4th, 2008

As you can tell from many of posts, I’m a data fanatic. Given the fact we (AGORACOM) conduct 95% of our activities online, it only makes sense to take advantage of our digital nature and track everything.

To this end, we ran a simple 3-question survey on our site last week and had 622 people respond in less than 24 hours. Thanks to all that responded. You can view the full survey here but here are some of the highlights:

  • 46.9% have been investing in stocks for more than 10 years;
  • 83.4% trade through an online trading account (1.3% don’t trade stocks)
  • 53% have a portfolio valued at > $100,000 (do you hear that 1.3%?)

622 people in less than 24 hours. Now I’m hooked. Look for more surveys in the future.

p.s. For our members heavily invested in the resource space, we are currently running an onsite survey at the PDAC. I’ll post the results sometime next week.

Regards,
George

AGORACOM Financial News TV – Breaking Small-Cap And Micro-Cap Financial News At The Open (Mar 3/08)

Posted by AGORACOM at 9:23 AM on Monday, March 3rd, 2008

Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on our TV show this morning. It’s March 3rd and we’ve found 5 great press releases and stock halts from both sides of the border to report on at the open.  Another great day for small-cap and micro-cap financial news.

If you are new to the show, it is a daily, fast-paced, edgy report that we put out at or before the open everyday that strictly reports on the best small cap and micro cap news of the day in 3-5 minutes. You can watch AGORACOM TV right from our home page .

If you miss an episode or want to search for your company in our archive, you can visit our industry leading Small-Cap Podcast site at any time:

If you want to subscribe to our Small-Cap RSS Feed and download our podcast everyday via iTunes, or your favourite podcatcher, just use the following:

As always, don’t forget to visit the AGORACOM Marketplace where we list compelling summaries for over 85 great small-cap and micro-cap companies that you can sort by exchange and industry to suit your personal investing tastes.

TODAY’S SMALL-CAP AND MICRO-CAP BREAKING FINANCIAL NEWS BEFORE THE OPEN

Our daily show focuses on content over form so that you can get profitable information into your hands as fast as possible. The same holds true for these entries in our small-cap, micro-cap news blog, where I simply cut and paste my TV notes for your benefit, without any editing, so don’t give me a hard time! 🙂

Now, onto our show notes for the day.

** Denotes an AGORACOM Client. AGORACOM TV Only Reports News From AGORACOM Clients That Meets The Same Newsworthy Threshold Of All Other Press Releases.

  • ** Golden Tag – TSX-V:GOG $Halted
  • Rockcliff – TSX-V:RCR $0.69
  • Inter Citic Minerals – TSX:ICI $2.04
  • Excellon Resources – TSX:EXN $1.77
  • ** BSM Wireless – TSX-V:GPS $0.075

AGORACOM Financial News TV – Breaking Small-Cap And Micro-Cap Financial News At The Open (Feb 29/08)

Posted by AGORACOM at 9:33 AM on Friday, February 29th, 2008

Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on our TV show this morning. It’s February 29th and we’ve found 5 great press releases and stock halts from both sides of the border to report on at the open.  Another great day for small-cap and micro-cap financial news.

If you are new to the show, it is a daily, fast-paced, edgy report that we put out at or before the open everyday that strictly reports on the best small cap and micro cap news of the day in 3-5 minutes. You can watch AGORACOM TV right from our home page .

If you miss an episode or want to search for your company in our archive, you can visit our industry leading Small-Cap Podcast site at any time:

If you want to subscribe to our Small-Cap RSS Feed and download our podcast everyday via iTunes, or your favourite podcatcher, just use the following:

As always, don’t forget to visit the AGORACOM Marketplace where we list compelling summaries for over 85 great small-cap and micro-cap companies that you can sort by exchange and industry to suit your personal investing tastes.

TODAY’S SMALL-CAP AND MICRO-CAP BREAKING FINANCIAL NEWS BEFORE THE OPEN

Our daily show focuses on content over form so that you can get profitable information into your hands as fast as possible. The same holds true for these entries in our small-cap, micro-cap news blog, where I simply cut and paste my TV notes for your benefit, without any editing, so don’t give me a hard time! 🙂

Now, onto our show notes for the day.

** Denotes an AGORACOM Client. AGORACOM TV Only Reports News From AGORACOM Clients That Meets The Same Newsworthy Threshold Of All Other Press Releases.

  • ** CON-SPACE – TSX-V:CCB $0.38
  • ** OpenEC – TSX-V:OCE $0.19
  • ** Sage Gold – TSX-V:SGX $0.31
  • ** Freewest Resources – TSX-V:FWR $0.34
  • Carpathian Gold – TSX-V:CPN $0.53

AGORACOM Breaks 500,000 Page Views In One Day

Posted by AGORACOM at 7:31 AM on Friday, February 29th, 2008

 

Congratulations are in order for our members, HUB Leaders, pubco clients and the AGORACOM team for hitting yet another milestone this week. Yep, we broke through 500,000 page views for one day with 507,595 on February 25. We also hit 465,000 (Tuesday) and 497,000 (Thursday)…I knew I shouldn’t have given my twin boys the day off on Wednesday.

This follows our quarterly traffic report issued at the beginning of the month in which we hit 27,000,000 page views in the first 3 months of launching our wiki-powered forums.

Great job everyone. I’ve said it once, I’ve said it a thousand times. Quality wins over quantity any day. AGORACOM has provided a great platform, while members provide utopian quality via great content and self-monitoring. Together, we’ve created the community investors have always deserved.

Discussion Forums are never going to be the same. Spread the word and see you at 1,000,000.

Regards,
George

Gold & Silver Hit Historic Highs On Fed Comments .. It’s Still Die Hard All Over Again!

Posted by AGORACOM at 10:03 PM on Thursday, February 28th, 2008

A PICTURE IS WORTH A THOUSAND WORDS…AND SOON TO BE A THOUSAND DOLLARS

 

 

 

Don’t say I didn’t tell you here, then here then here. Hell, with gold about to break $1,000, how can I not point out that I told you so on January 10th (Ron Paul says gold has been rigged) January 3rd (Checkmate), November 27th (Mortgage Reset Chart) and November 15th (Google Shows Washington Is Worried). On top of that, if you didn’t believe me, we also had Jean-Francois Tardif (the #18 hedge fund manager in the world from Sprott) confirm it not once (November 9th) but twice . For good measure we even had Jim Rogers (Quantum Fund) tell it to you straight from his mouth.

By the way, for newbies that don’t understand my Die Hard reference, just read this.

The only question remaining is will gold break through $1,000 by the time PDAC arrives in Toronto next week? Doubtful but possible if the straw on the camel’s back is breaking … and man would it make for one great AGORACOM party on Sunday night!

UPDATE: Gold hit $976 (April futures) and $973 (cash market) in overnight trading.  Silver for immediate delivery hit $19.83.

Regards,
George

 

Forget The Jargon, This Animation Tells You How Sub-Prime Really Works

Posted by AGORACOM at 8:09 PM on Thursday, February 28th, 2008

If you’re like most people, you know all about the sub-prime problem but don’t really understand anything more than a bunch of greedy mortgage brokers bundled a bunch of bogus mortgages and sold them off to greedier Wall Street guys, who then sold them off to a bigger group of suckers.

If you want an easy, humorous but educational illustration of how it really works, click on the image below and watch the slide show. Great stuff. Just click on each slide.

Mild warning – there’s some profanity in here as the cartoon characters get heated up but it’s all in good fun.

Credit goes to Barry Ritholtz for finding this gem.

Regards,
George

Small-Cap IR Lesson: Obama Ran 70,000,000 + Ads In January…Dwarfs All Candidates

Posted by AGORACOM at 7:57 PM on Thursday, February 28th, 2008

If this guy is using the web to attract voters and beat his competitors in a US Presidential election, do you think it’s a strategy that might work for your small-cap company?

Obama ran more than 70,000,000 display ads in January and coincidentally started running away with the nomination.

If you want to reach your target audience, the web is the solution. Period. No dog and pony shows, no lists. Use the web to pinpoint your audience and deliver your message. Simple as that.

Regards,
George

AGORACOM Small-Cap TV – 6 Great Press Releases At The Open (February 28th)

Posted by AGORACOM at 9:28 AM on Thursday, February 28th, 2008

Good morning to you all. Please find enclosed a summary of the great small-cap and micro-cap press releases we highlighted on our TV show this morning. It’s February 28th and we’ve found 6 great press release from both sides of the border to report on at the open. Another great day for the small-cap and micro-cap world.

You can watch AGORACOM TV right from our home page , or our archive where you can see or search all of our previous shows.

If you are new to the show, it is a daily, fast-paced, edgy report that we put out at or before the open everyday that strictly reports on the best small cap and micro cap press releases of the day in 3-5 minutes. You can watch the show by going to AGORACOM every morning.

Our daily show focuses on content over form so that you can get profitable information into your hands as fast as possible. The same holds true for these blog entries where I simply cut and paste my TV notes for your benefit, without any editing.

If you have any material information pertaining to any of today’s companies, be sure to share your knowledge by posting your comments for everyone to see.

As always, don’t forget to visit the AGORACOM Marketplace where we list compelling summaries for over 65 great small-cap companies that you can sort by exchange and industry to suit your personal investing tastes.

Now, onto our show notes for the day.

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