The break in cables has caused disruption to POG Gold -
to net services -
in the Middle East and India -
http://news.bbc.co.uk/2/hi/technology/7228315.stm
The cause is still not known.
Repairs will involve a team of about 50 people, including navigation experts and cable engineers, said Flag Telecom.
The ship that will repair the first severed cable is already in place, with repairs underway, while the second vessel is expected to begin work on Tuesday.
Bespoke ships
"It will be a highly technical job and should take a week to complete," a spokesperson for Flag Telecom told the BBC News website.
The cause of the damage has not been officially confirmed but there have been reports that the breaks were related to a tanker dragging its anchor along the sea bed.
Disruption after web cables cut
Indian call centre workers
The outsourcing industry has so far seen few problems
Firms across the Middle East, India and Bangladesh are experiencing disruption after undersea broadband cables were damaged between Egypt and Italy.
http://news.bbc.co.uk/2/hi/business/7222411.stm
The more manipulations to the POG -
the Higher POG-888-Mission will FLY -
I have no concern whatsoever with regards to the gold market.
I see this all as noise as gold heads to $1650.
Isn't $1065 quite close to $1050?
I imagine Mr. Hulbert's price objective is a compliment.
The coming gold surge
Commentary: There are plenty of factors aligned to drive prices up
By Sean Brodrick, Money and Markets
Last update: 12:01 a.m. EST Feb. 4, 2008
JUPITER, Fla. (MarketWatch) -- Gold has enjoyed a great run over the past few years, but it hasn't been a straight path.
There have been enough dips and outright plunges to make gold traders feel like they're riding the devil's own roller coaster. But one strategy has worked time and time again: Buy the dips.
It takes courage to buy when everyone else is selling. But if you do your research, you can act with confidence that even if gold dips lower than you're buying it, the upside potential is huge.
My preliminary price objective for gold is $1,065 per ounce, and it could go a lot higher than that. Let's look at some forces driving precious metals higher.
gold production fell to a 10-year low of 2,444 metric tonnes in 2007, according to Gold Fields Mineral Service. This year, production will likely drop again. While China is producing more gold -- up 12% -- South Africa's output is falling off a cliff, down 8.1%.
Gold miners are exploring frantically, but the mother lodes are getting harder to find. This should drive consolidation in the industry going forward as the big companies gobble up the smaller fish to replace their reserves.
More…
http://www.jsmineset.com/
Silver bromide, galena, pyrite, gold ore specimen from
the Deer Trail gold mine located near Cottonwood Creek
in the Mount Baldy district of the Tushar mountains,
near Marysville, in Piute County, Utah -
dd...ex. http://cgi.ebay.com/Gold-Ore-Unico-Deer-Trail-Mine-Marysville-Utah_W0QQitemZ160177740283QQcmdZViewItem
ex..dd..
http://www.unicomining.com/investments/1997report.php
Imo. Tia.
God Bless America
to net services -
in the Middle East and India -
http://news.bbc.co.uk/2/hi/technology/7228315.stm
The cause is still not known.
Repairs will involve a team of about 50 people, including navigation experts and cable engineers, said Flag Telecom.
The ship that will repair the first severed cable is already in place, with repairs underway, while the second vessel is expected to begin work on Tuesday.
Bespoke ships
"It will be a highly technical job and should take a week to complete," a spokesperson for Flag Telecom told the BBC News website.
The cause of the damage has not been officially confirmed but there have been reports that the breaks were related to a tanker dragging its anchor along the sea bed.
Disruption after web cables cut
Indian call centre workers
The outsourcing industry has so far seen few problems
Firms across the Middle East, India and Bangladesh are experiencing disruption after undersea broadband cables were damaged between Egypt and Italy.
http://news.bbc.co.uk/2/hi/business/7222411.stm
The more manipulations to the POG -
the Higher POG-888-Mission will FLY -
I have no concern whatsoever with regards to the gold market.
I see this all as noise as gold heads to $1650.
Isn't $1065 quite close to $1050?
I imagine Mr. Hulbert's price objective is a compliment.
The coming gold surge
Commentary: There are plenty of factors aligned to drive prices up
By Sean Brodrick, Money and Markets
Last update: 12:01 a.m. EST Feb. 4, 2008
JUPITER, Fla. (MarketWatch) -- Gold has enjoyed a great run over the past few years, but it hasn't been a straight path.
There have been enough dips and outright plunges to make gold traders feel like they're riding the devil's own roller coaster. But one strategy has worked time and time again: Buy the dips.
It takes courage to buy when everyone else is selling. But if you do your research, you can act with confidence that even if gold dips lower than you're buying it, the upside potential is huge.
My preliminary price objective for gold is $1,065 per ounce, and it could go a lot higher than that. Let's look at some forces driving precious metals higher.
gold production fell to a 10-year low of 2,444 metric tonnes in 2007, according to Gold Fields Mineral Service. This year, production will likely drop again. While China is producing more gold -- up 12% -- South Africa's output is falling off a cliff, down 8.1%.
Gold miners are exploring frantically, but the mother lodes are getting harder to find. This should drive consolidation in the industry going forward as the big companies gobble up the smaller fish to replace their reserves.
More…
http://www.jsmineset.com/
Silver bromide, galena, pyrite, gold ore specimen from
the Deer Trail gold mine located near Cottonwood Creek
in the Mount Baldy district of the Tushar mountains,
near Marysville, in Piute County, Utah -
dd...ex. http://cgi.ebay.com/Gold-Ore-Unico-Deer-Trail-Mine-Marysville-Utah_W0QQitemZ160177740283QQcmdZViewItem
ex..dd..
http://www.unicomining.com/investments/1997report.php
Imo. Tia.
God Bless America
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