what i fear,bill,is here:

http://www.finanzaonline.com/forum/showpost.php?p=11218270&postcount=355

enjoy your coming week end!
Fabio-italy

INDICATIONS
U.S. stocks edge higher before Ford, slew of data
Ford to announce restructuring plans; Adobe tops earnings forecasts

http://www.marketwatch.com/News/Story/Story.aspx?column=Indications&siteid=

IMF chief warns of inflation threat

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2006/09/15/uimf15.xml

MINING
Iamgold hit over Cambior purchase
Investors bid down suitor's stock, cutting value of deal by $174-million
ANDY HOFFMAN

http://www.theglobeandmail.com/servlet/story/LAC.20060915.RIAMGOLD15/TPStory/Business

Wal-Mart Ends Layaway Service
Decision Follows Shopping Trend of Buy Now, Pay Later

By Ylan Q. Mui
Washington Post Staff Writer
Friday, September 15, 2006; Page D02

http://www.washingtonpost.com/wp-dyn/content/article/2006/09/14/AR2006091401728.html

"Though Wal-Mart is not the last retailer to offer the service, it is the largest. And its decision is another reminder that living within your means is becoming an outdated concept in today's buy-now-pay-later culture."

Associated Press
Natural Gas Falls to 2-Year Low
By BRAD FOSS , 09.14.2006, 01:24 PM

http://www.forbes.com/entrepreneurs/feeds/ap/2006/09/14/ap3017768.html

TOMI KILGORE'S MARKET MAP
Don't just bet on buying
Commentary: Microsoft needs more than just buybacks to lift its shares

http://www.marketwatch.com/News/Story/Story.aspx?guid={685EFB89-5791-4E8B-AD6A-9688F5B6012A}&siteid=mktw&dist=

JOHN DVORAK'S SECOND OPINION
1200 channels and nothing is on
Commentary: Cable companies need to rethink their models

http://www.marketwatch.com/News/Story/Story.aspx?guid={0DFFADAF-0C54-4B8E-8C5C-6917D889FC8D}&siteid=mktw&dist=

Bill - in the August 19 WIR - you wrote,

"Traders will still have to keep close watch on the really economically sensitive cyclical consumer and industrial sectors, and the stocks of U.S. companies that have a low foreign revenue component – like the home-builders, most of the casinos (except LVS), domestic airlines and smaller hotel groups, local and regional banks, and so forth.

The GDP data is a lagging indicator. Traders need to be early."

Article yesterday afternoon on Marketwatch (http://www.marketwatch.com/News/Story/Story.aspx?guid=%7b5432A867-05B8-4D96-9A37-BF3D10615A49%7d&siteid=mktw&dist=nbs) - "Regional banks' pinch foreshadow national woes"....excepts follow:

"Some big and medium-size regional banks are starting to report more problems stemming from a fast-falling housing market and slowing economy, likely foreshadowing what will become a nationwide phenomenon, analysts said."

"David Daberko, chief executive of National City another Midwest bank, said last month that consumers were 'getting stretched big time.'"

The beginning of the end?

Learn2Invest

MARK HULBERT
Where will the stock market be in 2011?
Commentary: Value Line sees gain, but data points give pause

http://www.marketwatch.com/default.aspx?dist=&siteid=mktw

How to buy... commodities
Trading and investing in one of the market's most volatile sectors

http://www.marketwatch.com/News/Story/Story.aspx?guid={82A4B6DD-FF26-4878-AE08-6FC27F81BCBC}&siteid=mktw&dist=

A new approach at Treasury
Secretary Henry M. Paulson Jr. eschews the 'cheerleading' approach of his predecessor

http://www.baltimoresun.com/business/investing/bal-bz.upclose15sep15,0,216523.story?coll=bal-business-headlines

Sept. 15, 2006, 5:03AM
China Rejects U.S. Criticism on Currency

© 2006 The Associated Press

http://www.chron.com/disp/story.mpl/ap/fn/4188995.html

E. Coli Blamed on Spinach
FDA Warns About Bagged Vegetable

By David Brown
Washington Post Staff Writer
Friday, September 15, 2006; Page A04

http://www.washingtonpost.com/wp-dyn/content/article/2006/09/14/AR2006091401468.html

Inflation Pressures Moderate in August

By MARTIN CRUTSINGER
The Associated Press
Friday, September 15, 2006; 8:38 AM

http://www.washingtonpost.com/wp-dyn/content/article/2006/09/15/AR2006091500465.html

Colin Twiggs latest (Sept 15):

http://www.incrediblecharts.com/free/trading_diary/trading_diary.htm

Colin's trading diary is about the only one I read that did not go into bear mode during the last downtrend as uptrend channels/support have been tested and held so far. His analysis is not predictive, it is an unbiased assessment based on macro (market) TA.

Bill turned us onto him, I'm just posting the link. Colin generally does these twice a week. I find them an excellent companion to Bill's WIR.

t4k

Dr. Marc Faber Interview of Sep 14: How a US slowdown will hit other economies

http://news.moneycontrol.com/india/news/marketoutlook/marcfabereditorpublisher/marcfaberhowusslowdownwillhitothereconomies/market/stocks/article/240153

S&P futures up at 1335.50 . . . very large trades before market open . . so presume the gnomes are
continuing to "manipulate" the market . . note that it is options Friday(3Q too).

Presentation by Marc Faber titled "Investing in a world of rapidly changing geopolitical and economic trends". Lasts 45 minutes and comes with charts.

Listen with Windows Media player:

http://www.vcall.com/CustomEvent/NA012124/index.asp?id=108754

Have a look at the new Yahoo Charts beta available on http://finance.yahoo.com. Pretty impressive.

ALOHA !!

I do not know if you recall but Hugo Salinas Price was a speaker on the GoldRush 21 DVD I sent to you. It is amazing that over 90% of the Mexican federal legislators have voted to repatriate silver as money in Mexico yet the Mexican

Central Bank and the Mexico BIG BANKS have essentially stalled the desire of the Mexican People. I am sure the USA BIG BANKS have had a hand in that ... always meddling in the affairs of foreigners(aka: IMF and World Bank)!

Sombreros off to the Mexican People ... Seeing them push for honest money in their own country and organizing huge immigration protests in the USA in May makes them more pro-active and CONSTITUTIONAL than Americans ever have. I think if our Founding Fathers were alive today they'd move to Mexico!

READ ON:

SILVER MONEY FOR MEXICO

'Silver money, the world's best, in parallel with paper'

More info: www.plata.com.mx

September 11, 2006.

Opinion of Hugo Salinas Price with regard to the present situation of Mexico

One more voice, my own, amid such confusion...

I have been insisting for several years on the need to reintroduce silver as money into circulation in Mexico, in parallel with the fiat peso.

I have said that we should do this before the chaos arrived because once disorder arrived - and it has arrived in spades! - the confusion and the shouting would be so great that it would be hard to concentrate attention on this measure. And so it has been.

It is lamentable but natural that people cannot see that our social problems, which we share with the whole world, are in great part attributable to the condition which the whole world suffers: that we live making believe that what we use as money is actually money, when it is nothing of the sort: a payment is the delivery of something in exchange for something. Today, 'payment' in any currency in the world is not truly a payment, because tendering a peso, a dollar, a euro or any other currency in payment is to tender what is in reality nothing. Such currencies have no value in themselves; they are all 'means of exchange' but they are not payment. (China has almost one trillion dollars of reserves, because they have not collected on their exports. They have not been paid. They have only received vouchers.)

We must understand that the financial sector in all parts of the world creates this so-called 'money' out of nothing and that it is the financial sector which is the first beneficiary of this fraudulent creation. This is the reason that we see luxurious towers erected in Mexico City and in all capitals of the world. They represent the (involuntary) transfer of purchasing power from the People, to the financial sector. How would it be possible that a 1900 painting by the Viennese painter Klimt, could be sold at auction recently for $135,000,000 dollars, plus commission to the auctioneers, except as a result of the financial plunder that is taking place?

We are very distressed, like ants whose anthill has been disturbed, but we do not comprehend at all the cause of our anguish and of the terrible distortions which the free market has brought us, once money ceased to be money.

The free market, when it operates under the circumstance that one country, the United States, produces the 'money' of the world in unlimited quantities, is no longer a true free market. It is the destruction of everything: industry, agriculture, savings, institutions... it is the demolition of the country - of this country and of all (including the U.S.): the so-called 'globalization'.

Neither the elected president, Felipe Calderon, nor anyone, can dig us out of the hole caused by false money as long as the root cause of the problem is not addressed, no matter how intelligent and honest the administration of the next president may be.

Lopez Obrador represents the anger and frustration caused by bad money, but neither he nor those who follow him understand this. How could we expect him to begin to resolve our problems if he does not understand their fundamental cause, to begin with?

The monetization of silver would act as a balm for a wounded country. It would provide a base for the beginning of concord, a sign of nationalism that the Left is anxious to see and which would not bother the Right at all - what is more, the Right would also love the possibility of saving in silver. It would be a hope, which the next administration could give us, that our problems were being addressed directly with a measure which is tangible and visible by all.

For this reason I shall continue to insist upon silver as a lifesaver for Mexican salvation. It is not going to resolve all our problems, but it will be a soothing balm that will be very welcome, even though the full cure may take a long time; monetized silver places us on a road which gives us hope.

Let us hope the monetization of silver is achieved; let us hope that the intelligence of our legislators and of our next president, joined to what their hearts and intuitions tell them, will provide us with monetized silver as soon as possible. We would be the first country in the world to take this step, for the Glory of Mexico! END

ALOHA !!

I consider this the definitive analysis on the precious metals market, with a focus on gold. This DVD ... GOLDRUSH 21 ... Here you will find the cream-of-the-crop of those who believe in real wealth and real money, not debt. With World famous speakers from every gold producing country on the planet and advisors of major world governments in attendance including one of Putin's closest financial strategists and advisors, Andry Bykov. It does not come as a shock to me that after this conference Russia has elevated its gold reserves substantially and is one of the few central banks and governments that have announced they are buying gold.

Over eight hours of the most noted speakers are on this DVD. One of the most memorable comments is from Chris Powell(GATA), regarding British sovereigns and the US Air Force ... I believe his comments are on the two minute trailer.

To view a short trailer on the DVD go to this link: http://www.goldrush21.com/

I believe they cost $19.99, I bought seven, and I sent one to Bill about two months ago. I also sent some to friends, family and collegues. Very informative and a great beginning for those just starting their due diligence into precious metals.

thoughts on the Central Bank Gold Agreement

http://www.financialsense.com/editorials/phillips/2006/0915.html

Oratier,
Thanks for the spinach link. I was going to the store today to load up on bagged spinach - no kidding!

Looks like romaine and iceberg for a few weeks.

Reuters:

UPDATE 1-BT pension fund switching out of equities - FT
Sat Sep 16, 2006 11:13 AM ET

LONDON, Sept 16 (Reuters) - UK telecoms company BT Group Plc's pension scheme is switching about a third of its UK equity holdings, or about 3 billion pounds ($5.66 billion), into alternative assets, the Financial Times said on Saturday. A BT spokesman said: "We're not in a position to comment on that."

The newspaper said the move by Hermes, BT's pension fund manager, represents one of the biggest single shifts away from the London stock market by a UK pension fund in recent years.

It said one leading consultant predicted that it would have a "snowball effect", prompting a further acceleration away from equities. Pension funds have steadily reduced their exposure to equities over the past decade.

The FT said BT's pension scheme, the UK's largest retirement fund, was switching funds into assets such as hedge funds and private equity in a "radical move for the fund that has long set investment trends for industry".