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Everything posted by AceofKY

  1. Start with this article written by Robert George. He does a better job of explaining than myself. Although his thesis is slightly different than your question, I think you will understand where I'm coming from: http://www.firstthings.com/article.php3?id_article=3195 Uncritical acceptance of a teaching would certainly be gullibility. My criticism is not that you have critically rejected a teaching handed to you by others. My criticism is that much of Europe (and a big chunk of the US too, for that matter) hasn't critically engaged that teaching and found an intelligible reason to reject it. I am not referring here to faith in revealed doctrines; I am referring to the rejection of truths discernible via reason.
  2. I'd love to, and plan too. China is not, however, less regulated socially than the USA. There is a big difference, from what I have read, between HK and the rest of China. Many of my friends have visited China, as one of our biggest local employers (Lexmark) has manufacturing plants in China. We certainly need to lose some arrogance, and many other bad qualities too. It was never in our tradition to act as the world's policeman, and I hate being in that role and it is definitely bankrupting us. Unfortunately, I think, someone has to do it. If not us, it may be the United Nations. Either way, I'm sure, you Britons will not be happy! I have a family to look after, and that takes priority over all of these noble aspirations. Yes, you moved to HK and Jim moved to Singapore. Why is it so difficult to acknowledge that China proper has some very bad social policies? It is not difficult for me to acknowledge the same with respect to the USA.
  3. Moral democracy is basically the same thing as moral relativism and is necessary for people who believe the latter because moral relativism could never sustain a society. All ideas of morality are equal, but the idea held by the most amount of people rules. Many of the laws, of course, are the same. This is true under every system of morality. The fact that you think that the Western tradition relied on dogma to ascertain morality proves my point - the Western tradition is dying in Western Europe. The history is not even remembered accurately. Now, I may well be generalizing too much. Obviously, I am not exposed to common European people every day. My conceptions primarily come from reading. And we have many in America, who if that's all you read, you'd think that the Western tradition is dead also. But we also have many who promote and defend this tradition. In Europe, however, there's few it seems (Ratzinger/Benedict now appears to be leading the charge, since John Paul died.) Now you are relinquishing your cultural relativism, and recognizing in fact that your own cultural idea is/was better than the Nazi's. That IS a purpose! That's the primary purpose of political community! Even Plato knew that! The problem is not having a purpose or sense of feeling special because you have a purpose. The problem is when your/our purpose (in moral theology - we call this the "intention" or "end") doesn't conform to objective standards of morality, or when the proximate effect of the action (i.e. - the "object" of the act) is evil regardless of purpose, or when the circumstances are bad even if if the end and object of the act are good. All of these criteria must be fulfilled for moral action to occur. That is what separates the USA and Nazi Germany.
  4. Gee, you could've fooled me! I'm doing them a disservice? There's no need for me to defend our policies in WWII.
  5. That is not goodness according to the traditional understanding. You are describing the virtue of prudence. The explanation of that virtue predates contemporary Europe by about 2500 years, but I'm glad that we both agree that prudence is a good thing. Yes! I do feel that America is special because of her political history. I know you want to hold up San Marino or whatever that little town is as the oldest extant republic, but they simply don't have the same history that we do - i.e. the revolutionary break from monarchial government to a modern form of government that legitimately separated the executive, judicial, and legislative powers of government and brought them under a constitution and the control of the people after a very long period in history in which that form of government didn't exist (or at least not legitimately.) It also inspired most of Europe to follow in our footsteps. It was a significant achievement - similar to the signing of the Magna Carta and the establishment of representational government in your own history. What I don't objectively believe is that we are special in a way that makes Britain or any other people "second-class" or otherwise lower life-forms than Americans. I also feel that America has strayed far from her principles, and that we will self-destruct if we don't mend our ways. That doesn't mean that I don't feel that America's political history is special, however. What I find sad is that you seem to have no pride at all in Britain's history, which is very special in its own way. We are special to ourselves, in the same way that Britain should be special for British citizens. France is the only country that has nothing to feel special about (just kidding - it is a big joke in our country.) It seems rather odd that I would be more appreciative of British history and achievement than one of her own citizens. This is a symptom of cultural relativism, I think.
  6. Gullibility was never a virtue in the western tradition. People who think that it was are simply ignorant of the tradition.
  7. Gee, I must've missed the great rush of people knocking down China's borders trying to get in. Perhaps that has something to do with their social policies, you think? Nurturing activities? You guys should be careful what you wish for. The world has always been more or less dominated by one nation or another. The Greeks under Alexander, the Romans, the Muslims in the Mideast in the middle ages, Holy Roman Empire, British Empire, etc. The USA is the only one who has legitimately tried NOT to conquer vast amounts of territory during our few years of superior military power. Obviously, that model is not working in maintaining any type of order, and we will be eclipsed fairly soon, I think.
  8. Well, if we need to be clear about definitions, why are you using the third definition out of the Oxford Dictionary rather than the first, which states: "a traditional narrative usually involving supernatural or imaginary persons and embodying popular ideas on natural or social phenomena, etc" ? This definition basically matches up with Bultmann's definition. The problem with your definition is that it doesn't quite fit the data. You are saying that Americans objectively believe those items to be true, which is not generally the case. Yes, I'm sure there are some uneducated knuckleheads out here who do objectively believe those items, but I suspect you have a few of these type in Britain also. It is not exactly intellectually honest to judge us by our most ignorant, is it? In general, the list of items you provided fits pretty well under the 1st definition of the OED and under Bultmann's definition. It nominally works under the 3rd definition of OED unless you add in the word "objectively." Yes! The only difference between your "Myth" and your "Idea" is that the former is held as truth (a supposed deception on the part of our ruling class) whereas the latter is for inspiration (a supposed benevolence on the part of our ruling class.) This, in fact, is a very good, succinct statement of the problem I'm trying to describe. Western Europe, in general, no longer believes in truth, whereas many of us still do. Yes, we believe that we are the good guys. It is not inconsistent to hold this and at the same time recognize that we have failed many times and have perpetrated great evils. Of course, Bin Laden believes the same thing. The difference between us is that Bin Laden and ourselves still believe in goodness - an objective state that can be attained - whereas Western Europe generally doesn't believe in goodness of this type. I suppose you are referring to San Marino as the oldest surviving republic? Is this your argument against the truth of America's political self-understanding? To think, my schoolteachers forgot to teach me that San Marino is the great bastion of freedom in the world! Which is more of a distortion of truth? I see that Britain has a few myths of her own. I suppose you think you would have won the war without the help of the US, now? The US did not, in fact, sit by doing nothing throughout the blitz. We had already specifically amended non-interventionist laws to allow the sale of equipment and supplies to Britain, and the blitz inspired the even more liberal policies of the Lend-Lease program. These were VERY controversial political acts on the part of the US - a break with long-established neutrality philosophy - designed specifically to help Britain. Some still question, of course, whether it was really worth it. Here are the trends that I see: 1) moral relativism (i.e. - all notions of morality are equal), 2) post-modernism/rejection of metaphysics, and 3) the belief that the human person is no longer what has traditionally been considered a person (i.e. - a soul-body unity with rational intellect and free will.) Humans are just another animal, somewhat more evolved than chimps. How it will fail is a subject for another time. I appreciate your salute, but I’m not particularly interested in your Idea since you have defined it as unattainable and instrumental. The purpose of political community is to promote and defend human dignity and human rights so that human persons are free to pursue happiness. This is the guiding principle of the US and is enshrined in our Declaration of Independence. If this is ultimately unattainable, then I won’t bother getting out of bed in the morning.
  9. AceofKY

    Could Volcker Make a Comeback?

    Not necessarily. If allowed to, the free market will produce its own currency. It is happening now, as gold is printing +$1020 on kitco and the fiat dollar is coming to its knees. More and more, charts based in US dollars are becoming irrelevant, and everything has to be divided by $gold. The gentleman in your signature line foresaw this coming many years ago.
  10. Here is the Bultmann quote that is needed to understand the above argument's understanding of myth:
  11. Feel free to do so; I'm not sure how without losing the formatting. Yes, of course the British think their culture is special, as do the French etc. But the contemporary tendency has been more and more to assert/believe that all cultures are equal and that therefore any attempt (especially on the part of America) to export American ideas or to work for justice overseas is therefore immoral. It is a cultural relativism, you could say. And of course I appreciate the British history; in fact it is drilled into American students in school. When I have time, I even like to read the old British novels - Westward Ho, Ivanhoe, etc - or the British apologists - C.S. Lewis, and the venerable Chesterton, and even British theologians, such as John Henry Newman. But note that I read the old British novels and the old British authors. I could not name one British contemporary author, other than the Harry Potter lady. Sadly, the same thing is happening in my own country. It is a collapse of culture, a deprivation of that myth that binds us together. You may see it as a graceful old age, but I see it as a mid-life crisis in which the subject has lost the will to live and the idea that there is something worth living for - and is therefore in danger of either dying from within or being attacked and defeated from without.
  12. Interesting post, TTID. I like your choice of "The Myth" as the title of America's mistaken beliefs. Consider the following definition of myth, however, from Rudolf Bultmann (like you, he believed that "demythologizing" was necessary - although he was referring to the New Testament cosmology rather than to America): So, what we have here is a different definition of myth (one does not need to accept Bultmann's program to accept his definition.) Applied to your topic, this myth is our self-understanding of who we are as Americans. It is not what we objectively believe about the state of America in the world. If you ask any of us specifically one of these questions, the answer would be that your observations are objectively inaccurate. We do not objectively believe that America is first/unique among nations and everyone else is second-class. We do not objectively believe that everything American is best; in fact, most high fashion is imported from Europe (BMW, Rolex, etc.) We do not objectively think that our ways are better ways, and that everyone else should conform. When considered in Bultmannian terms, however, I think you capture a lot of truth in your claims regarding American mythology. We do have a special self-understanding that is unique and differentiates ourselves from other nations. We do have a national culture that relishes our political history - the longest of its type still in existence - whereby government is understood to be of the people, by the people, and for the people. We do perceive ourselves as as a special nation in this world - one that will respond to injustice where it is occurring, not only to protect ourselves but also, for example, to assist a friend suffering from nightly bombings of their capital city by a more powerful military. We do believe that it is a great service to help others who may be less fortunate - that others who may be starving could benefit from our agricultural methods, or that the young girls and infants being raped in Africa may be better off if there was a better understanding of the causes and treatments of AIDS in that culture, or that a country plagued by dictatorial socialism may benefit from a free economy. If these are the myths you are accusing us of, then I plead guilty. Now, sure, you can look upon our failures and proclaim that the American myth is inaccurate. We have engaged in unjust wars. We have been too aggressive in exporting our ideas. We have crime, hunger, and poverty within our own country. We have a healthcare system that many times fails to meet the basic needs of our people. We have a political system that fails to live up to our own standards. We consume too much and produce too little. But these are our failures - and in most cases we recognize them as such, I think. Does America need to be demythologized? I don't think so. I think we need to keep our myth alive. We need to retain that appreciation for our history and our culture - one that Western Europe shares but seems to be rejecting. The culprit is not our myth - the culprit is the failure to achieve the standards and goals set by our myth. It is a failure of the means by which we pursue our end. If you take away our myth, you are taking away our identity as a culture, as a people, as a nation. In fact, it seems to me that this proposed demythologization is just a means by which you can remake us into your own image. If only Americans would have the good sense of Western Europeans and reject the idea that a nation should have a purpose greater than itself, then all the world's problems would be solved by now. There would be no more poverty, no more war, no Bin Ladens or Hitlers. In fact, as you have noted yourself, this is not the history of your own culture. Britain once had a purpose in the world too; what does she believe now? In all sincerity, I am asking you to tell me why we should remake ourselves into Britain? Why should we remake ourselves into the equivalent of the European Union? So we can all stand shoulder-to-shoulder as equals, reduce our carbon emissions, and ignore the fact that people are starving and being killed due to injustice in the world? The idea that all nations should be equal is nothing more than the American myth applied to the world. Yes, it is a myth too - it is not an absolute truth. Just as a morally good, intelligent monarchy can create a much more just society than a democratic goverment can, so too is there the possibility that a morally good, intelligent, powerful nation can make for a much more just world than a world full of equal nation states. I'm not saying this is a good idea, in fact it is nominally unAmerican. But it is also clear to me that the current Western European model will not make for a just society, either. In fact, at current birthrates we won't need to concern ourselves with Europe much longer anyway, will we? This, I think, is a telltale sign of a failure of culture - when you can't/won't reproduce enough to continue in existence. And we are, unfortunately, following Europe right over the cliff in this respect. I agree that the coming economic crash will be a good thing (considered in a broad sense) for America. We do need a cleansing. We do need to be restructured. We do need to reevaluate our contemporary cultural currents, which are quickly wiping out the traditional values we held in favor of materialism, consumerism, and individualism. The question is, what are we going to restructure into? Dr. B has a few proposals with respect to green energy and conservation, but I think that is only one part of a much bigger equation. The rest of the equation has yet to be solved, and I do hope you will forgive me for not believing that Western Europe has the solution to this equation. So, here I stand, defender of "The Myth," and also defender of the "American Dream" (from an earlier thread) which I think is also being misunderstood here.
  13. I sat in on the Terrane presentation the other day. Watch out for that fully diluted share count.
  14. Agreed. This echoes my sentiments on an earlier thread, somewhere. A couple of days in Toronto's downtown earlier this week reminded me of why I like the country so much: * Had to fly there and back via jet airplane - I haven't run the calcs but I suspect the pounds of fuel used per passenger is significant * Split a cab with a lady to go downtown ~$25 each * Every ride on the subway is $2.75, and it only goes certain places. * Subway didn't run on Sunday morning, causing me to be late to St. Patrick's mass (luckily it was within walking distance) * Took the subway/bus route back to the airport (thought this would be more energy efficient, and cheaper) and nearly missed my flight home due to the amount of wasted time. It probably took 3 times as long as the cab ride. * Walking wasn't particularly enjoyable, as you have to be careful not to step on all the homeless people sleeping on exhaust and sewer vents. Even with gasoline at $3/gallon, my feeling is that urban transportation is still more expensive than suburban/rural transportation. Gas will have to go much higher before I give up my home and move to an urban environment like this.
  15. AceofKY

    Victory Nickel

    Victory is now busting a move also, and on very good volume. Their deposit reminds me of Aguablanca - which Lundin lusted over. The grades keep looking better the deeper they drill.
  16. AceofKY

    The Copper thread

    Should've put my money where my mouth was; I got some Lundin call options (up 63%) but it was a very small position for me, so I've missed the latest run in copper stocks. Is there such a thing as a quintuple top?
  17. The juniors are finally moving. Let's hope this is not a dead cat bounce. We may have to retire this thread soon! It feels good to be back in the green again for the year, especially since the broader markets were down today.
  18. Zinc February 28,12:09 Bid/Ask 1.2475 - 1.2521 Change +0.0501 +4.18% Low/High 1.1857 - 1.2658 Zinc price rises, just in time for SRZ who will have concentrate for sale any day now. Share price is still in the gutter. Got zinc?
  19. AceofKY

    Victory Nickel

    Nickel Rises to 3-Month High as BHP Billiton Mine Halts Output - Bloomberg, Feb 28 2008 9:31AM Crowflight is busting a move here, but Victory is still stagnant presumably because they're about a year away from production. Victory, however, seems much more amenable to a takeover, by my analysis. Got nickel?
  20. AceofKY

    Victory Nickel

    Looks ugly, doesn't it? One thing is that much of the supply coming online now is high cost laterite deposits. This will set a floor (I hope) on nickel price around $10/lb as below that it is not economical to operate many of these mines. I'm not worried about the supply/demand for nickel as much as I am the supply/demand for my nickel mining equites. And that demand is still very high as evidenced by all of the takeovers in the past couple of years.
  21. AceofKY

    Fortune Valley Resources

    Hmmm...they drilled for gold and found copper? Doesn't seem like a particularly good intercept for porphyry, but I think they were targeting epithermal veins. Full article: http://biz.yahoo.com/ccn/080215/200802150442520001.html?.v=1 Fortune Valley Drills Porphyry Copper at Incahuasi Central Target Friday February 15, 5:33 pm ET VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 15, 2008) - Fortune Valley Resources Inc. ("Fortune Valley Resources" or the "Company") (TSX VENURE:FVX) announces the results of its 2007 drilling campaign on the Incahuasi project located in Region 3 in northern Chile. The Company completed 36 reverse-circulation drillholes totaling 5,113 metres within the roughly 11,000 hectare property position. Results have been received from the first 24 drillholes, which were completed in the 420 hectare Incahuasi Central target area, and which focused on high-grade gold and copper veins. Table 1 summarizes drill results, using a 0.2% copper cutoff grade for drill intervals greater than 3 metres. ADVERTISEMENT Michael Gingles, President and CEO stated, "Although the initial drill targets at Incahuasi Central were geared toward finding the strike and dip extents of the various gold veins in the district, these drill intercepts with copper offer an opportunity to the company that needs to be followed up and understood. The potential for significant copper mineralization is intriguing and presents additional possibilities for the project which could include a significant copper find. We are now negotiating with local drilling companies to initiate a phase-2 drill program that will address the porphyry copper potential and perform additional drilling in the extensive Incahuasi Este vein system starting early in the second quarter of the year." Drillhole RC-IC-005 cut 30 metres grading 0.808% copper and 0.408 g/t gold from porphyry-style alteration contained within a northwest oriented structural corridor. Additional outcrops of altered porphyries have been mapped within this northwest zone. This mineralized drill interval and geologic mapping suggest the zone is open to the northwest and southeast.
  22. Well I bought shares in my first PURE explorer today. This is somewhat of a change in methodology for me because I consider myself a value investor. This has been a great year, however, so I figured I might try a little gambling. Why did I do this? Here are my reasons: 1. Fortune Valley (FVX on the venture exchange) is a brand new company; they just IPO'd in July. For those of you who listened to Paul Van Eaden being interviewed by Frizzers, this is the best time to invest in an explorer (according to Van Eaden). Get in early while the market cap is very low. 2. They have acquired a nice property in Chile. There is definitely gold there (it has been mined historically), the only question is how much? 3. They have very experienced management. Most of their executives and directors are from Placer Dome which got bought out a while back. One of the Directors is CEO of Compañia de Minas Buenaventura. 4. They start drilling this month. 5. Fully diluted market cap is about $14MM. They have about 4MM warrants outstanding but the strike price is about 60% higher than current market price. 6. I think they're still unknown (although they just hired an IR person). Volume is non-existent. I bought the only shares traded today. Obviously this is not a reco since I consider it gambling myself. Ace Here is the website: Fortune Valley Resources Here is the management/directors: Michael J. Gingles President and Chief Executive Officer, Director -------------------------------------------------------------------------------- Co-Founder of Fortune Valley. Previoulsy, Mr. Gingles was Vice President Corporate Development of Placer Dome Americas, from October 2001 though September 2006, and worked for various affiliates of Placer Dome after joining in 1995. During his tenure at Placer Dome, Mr. Gingles was a leading participant in the successful division that restarted Getchell, acquired the Pueblo Viejo project and developed Zaldivar into a world-class copper mine. Mr. Gingles has 21 years experience in exploration, business development, corporate development and finance in the mining industry and has worked in Australia, United Kingdom, Chile and the United States. William C. (Bill) Howald VP Exploration and Corporate Development, Director -------------------------------------------------------------------------------- Co-Founder of Fortune Valley. Previously, Mr. Howald was General Manager Exploration for the United States and Latin America for Placer Dome Inc. and worked for various affiliates of Placer Dome after joining in 1990. During his tenure at Placer Dome, Mr. Howald was an integral part of the teams that delivered over 80 M ozs of gold resources to the Placer portfolio. A number of these resources are now being mined such as Pipeline, Turquoise Ridge and Bald Mountain Mines in Nevada. Several are just coming out of the feasibility stage such as Pueblo Viejo in the Dominican Republic, Puren in Chile, and Cortez Hills in Nevada. Mr. Howald has 22 years in the international gold exploration and mining industry, gained primarily in Nevada, Mexico, Central and South America. Mr. Howald is also CEO & President of Rye Patch Gold Corp. Mark T. Brown Chief Financial Officer -------------------------------------------------------------------------------- Mr. Brown, a chartered accountant, is the President of Pacific Opportunity Capital Ltd., a company that advises and invests in emerging companies. He was formerly employed by PricewaterhouseCoopers, Miramar Mining Corporation and Eldorado Gold Corporation, and is a director or officer of several mineral resource companies. His broad experience includes raising equity and debt capital, negotiating acquisitions and dispositions, establishing and cooperating rapid growth companies and managing tax planning. Max A. Oemick General Manager, Chile, Director -------------------------------------------------------------------------------- Co-Founder of Fortune Valley. Since 2002, Mr. Oemick has been the General Manager of Andean Dragon Trading, a trading company involved in the mining industry. He has also been since 2003, the representative in South America for Argor Heraeus, a major international gold refinery. Mr. Oemick has acquired an extensive network trading in gold in Latin America over the past 12 years and provides Fortune Valley with an important link to the mining community in Chile. Roque Benavides Director -------------------------------------------------------------------------------- Mr. Benavides has been the President & CEO of Compañia de Minas Buenaventura S.A.A., Peru's largest publicly traded precious metals mining company since 2001. The Company is engaged in the mining, processing, development and exploration of gold, silver and other metals via wholly-owned mines, as well as through its participation in joint exploration projects. Mr. Benavides is a Civil Engineer and is also the Vice-Chairman of the World Gold Council. Joseph L. Danni Director -------------------------------------------------------------------------------- Mr. Danni has served as Senior Vice President Corporate Relations for Placer Dome Inc. in Vancouver, BC, from 1993 to July, 2005. He also served as Vice President Corporate Relations for Glamis Gold Inc. a Nevada, USA, company until it completely merged with Goldcorp Inc. in January, 2007. He has a wealth of experience in different areas of the mining industry, with specialist knowledge in corporate relations, public and government affairs, and human resources. Mr. Danni holds a BA in History from the Western State College in Colorado, USA. He has been a member of the Mining & Metallurgical Society of America since 1994. Joe Kajszo Director -------------------------------------------------------------------------------- Co-Founder of Fortune Valley. A geologist by training, Mr. Kajszo served as President and Director of Nevada Pacific Gold Inc. from 1997 to 2004. Prior to that Mr. Kajszo served as Vice President - Exploration for Robert Friedland's Ivanhoe Capital Corp. Ivanhoe's umbrella included a number of public companies such as Venezuela Goldfields (KM 88 in Venezuela), First Dynasty Gold (Fort Knox Mine in Alaska), Diamond Field Resources (Voisey's Bay massive sulfide deposit in Labrador), and African Minerals Corp. (Platreef PGM-Cobalt deposit in South Africa). Mr. Kajszo has 26 years of experience in the mining and mineral exploration industry worldwide including direct involvement in projects in Africa, China and North and South America. Mr. Kajszo is also Chairman of Rye Patch Gold Corp. Bernard Poznanski Corporate Secretary -------------------------------------------------------------------------------- Mr. Poznanski has been a partner of Koffman Kalef LLP, Business Lawyers, since its inception in April 1993. Mr. Poznanski has acted as counsel for a wide variety of companies listed on the TSX, the former Canadian Venture Exchange (now the TSX Venture Exchange), the American Stock Exchange and NASDAQ. His practice areas are focused on advising mining and technology companies in connection with corporate finance and corporate/commercial matters and international projects.
  23. AceofKY

    Victory Nickel

    Victory was down today on heavy volume. Possible trouble with the natives? Hopefully we will get some better guidance this weekend. http://biz.yahoo.com/ccn/080225/200802250444207001.html?.v=1 On the other hand, Allegiance mining has agreed to be taken over by Zinifex. The cost is about US$2.37/lb M&I&I nickel. Victory is currently trading for less than $0.05/lb M&I&I nickel.
  24. The manager of the ETF is required to report at least the top holdings, so you can clearly see what you're investing in. This info is available on their website, or on sites like Yahoo Finance. I think there may be a fallacy in this line of thought. I'm no economist, but it seems that if you are not an end user of wheat, you aren't creating real demand over the long term; you are merely shifting the demand from the future to the present. This has beneficial results: * The rise in price associated with your near-term demand gives producers the economic signals they need to have the confidence to allocate enough capital to increase wheat production for the future. This is the beauty of the free market, versus a socialist system whereby the government makes a best guess at how much production is needed. * The practice of futures speculation allows producers (i.e. - a wheat farmer) to hedge their future production, thereby allowing banks to more comfortably give them financing, thereby allowing more future production. Someone has to take the other end of the bet from the farmer. That's where you (the speculator) come into the picture. So the short term price rise may well have the benefit of assuring future production is adequate to meet the needs of everyone. Of course, if you are successful in your futures speculation, you can always use a portion of those profits to help feed the hungry. Wheat prices are high right now, partially due to the devaluation of the $, and partly due to the fact that no one around here has any wheat to sell right now. This will likely change if there is a good crop this spring. I personally worry much more about the quantity of food that I consume than I do about the effects of investing in commodities. For example, I heard the other day that in many of the poor countries in Africa only about $0.20/day is required to feed someone who is starving. That makes one think twice about spending 100 times that for a single meal at a restaurant.
  25. AceofKY

    Metals and Mining Portfolio

    Here is a due diligence checklist that you may find helpful for research. It applies mainly to Canadian or U.S. listed equities: http://www1.investorvillage.com/smbd.asp?m...amp;mid=2388964 Not sure about a brokerage for you as I am in the U.S. Interactive Brokers may allow UK accounts. IB is good for trading on many exchanges. The negative is the commission load on very low-priced equities.