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PharmAthene, Inc. Message Board

solarmanmike 1279 posts  |  Last Activity: Sep 19, 2014 6:15 PM Member since: Apr 5, 2010
  • solarmanmike solarmanmike Sep 19, 2014 6:15 PM Flag

  • solarmanmike solarmanmike Sep 19, 2014 6:14 PM Flag

    "The Australian economy has been stuck in a low gear after falling commodity prices prompted many mining companies to shelve or scale back new investments. Australia remains heavily dependent on mining, with iron ore and coal its largest exports."

    You are welcome!

    The above statement indicates that the AZZASSIES are hurting from low iron ore and coal prices...A rebound in prices is inevitable...low prices are hurting every aspect of their economy...

  • MELBOURNE, Australia—Australia's commodities forecaster signaled the worst of an iron-ore price slide should now be over, although it cautioned the country's export earnings from the metal were approaching a peak.

    Australian output of the raw material—its No. 1 export—has been rocketing as mines planned when prices were booming come online. That has flooded the market this year and dragged seaborne iron ore prices down nearly 40%, to US$84 a metric ton, near a five-year low.

    The Bureau of Resources and Energy Economics, a government economic research unit, expects Australian production growth to slow and prices to average around US$90-US$95 a ton over the next five years, executive director Wayne Calder said.

    He said the bureau anticipates export earnings from iron-ore shipments will peak around 2016 and gradually step lower as weaker prices offset higher iron ore production. The metal traded as high as US$190 a ton in 2011 as Chinese demand soared.

    "There has been a substantial supply response and that's led to a softening price," Mr. Calder said in an interview with The Wall Street Journal. Earlier this year, the unit had been estimating average prices of US$105 a ton and US$97 a ton for 2014 and 2015 respectively.

    The bureau estimates about 200 million tons of extra iron ore has left Australian shores over the past 12 months.

    Production will rise further, although the government only expects about 100 million more tons to be added to the annual seaborne trade from Australia, and a similar level from Brazil, over the next couple of years.

    "We don't seen any inadequacy in demand, though," Mr. Calder said. He expects urbanization across Asia to support iron-ore sales, although a cooling housing market in China may spark temporary swings in the commodity's value.

    Weak iron-ore prices could have far-reaching effects for Australian companies, according to Moody's Investors Service MCO -0.55% on Thursday. Not only will the slide squeeze small and medium-sized producers of the commodity, but sustained weakness in prices should hit businesses from engineers to airlines, it said.

    Moody's forecast iron-ore miners would renegotiate contracts with mining services contractors, reduce labor forces—including flying fewer workers from cities to remote mine sites—and further cut spending on infrastructure projects in order to preserve margins.

    The Australian economy has been stuck in a low gear after falling commodity prices prompted many mining companies to shelve or scale back new investments. Australia remains heavily dependent on mining, with iron ore and coal its largest exports.

    The commodities forecaster is also playing down concerns over the outlook for Australia's coal industry after China said it would ban certain types of highly polluting coal starting next year. Beijing had pledged to accelerate a campaign to clean up China's air.

    According to the Australian agency, the country ships about 47 million tons of thermal coal to China a year. Mr. Calder estimated 20-25 million tons of that could be affected by the planned restrictions, but said he expects miners to sidestep any real disruption by washing or blending their coal to meet new specifications.

    "The coal industry is very resilient and can look to mitigate some of the impacts," Mr. Calder said.

    He forecast prices for coal to remain subdued over the short-term, but said the bureau was "quite positive on coal in the longer term" as demand from India and Southeast Asia rises.

  • Reply to

    Vale management to meet with Jefferies

    by solarmanmike Sep 17, 2014 1:54 PM
    solarmanmike solarmanmike Sep 19, 2014 4:32 PM Flag

    It's not a question of if, but when...Cliffs will be bought...

  • Reply to


    by solarmanmike Sep 19, 2014 11:15 AM
    solarmanmike solarmanmike Sep 19, 2014 4:29 PM Flag

    Monday will vindicate the messenger of truth...

  • solarmanmike solarmanmike Sep 19, 2014 4:22 PM Flag

    The shares came from DARK POOLS...DARK POOLS make retail investors look like real pays to live on the DARK have to be a GANGSTA to win in this market...I bought more shares today @ $14.73 and $14.06....

  • solarmanmike solarmanmike Sep 19, 2014 4:12 PM Flag

    1,163,000 plus shares = $1,163,000 plus in profits for the buyer who shorted around $15.00...

  • Reply to

    Option Expirations

    by marky1186 Sep 19, 2014 3:56 PM
    solarmanmike solarmanmike Sep 19, 2014 3:58 PM Flag today and have a hard erecto on Monday!

  • solarmanmike solarmanmike Sep 19, 2014 3:56 PM Flag


  • destroy the short MFs...

  • Reply to

    WHO IS SELLING down here at $14

    by matt91919191 Sep 19, 2014 3:35 PM
    solarmanmike solarmanmike Sep 19, 2014 3:53 PM Flag

    shortdicky, don't's not a test!

  • Reply to

    WHO IS SELLING down here at $14

    by matt91919191 Sep 19, 2014 3:35 PM
    solarmanmike solarmanmike Sep 19, 2014 3:49 PM Flag

    This is pure options manipulation...all calls above $14 are now, they would like scared investors to buy put options...don't fall for their game...

  • Reply to

    WHO IS SELLING down here at $14

    by matt91919191 Sep 19, 2014 3:35 PM
    solarmanmike solarmanmike Sep 19, 2014 3:44 PM Flag

    Sorry, I thought this post was made by the apologies...

  • Reply to

    WHO IS SELLING down here at $14

    by matt91919191 Sep 19, 2014 3:35 PM
    solarmanmike solarmanmike Sep 19, 2014 3:43 PM Flag

    I wonder who's going DOWN on your mommy today...

  • Reply to

    Shorts are in Command...

    by vipinkot47 Sep 19, 2014 3:40 PM
    solarmanmike solarmanmike Sep 19, 2014 3:41 PM Flag

    Answer your phacking phone, GonHALF is calling!

  • Now, GonHALF and vipinRAT are bosom buddies...can't wait to read a transcript of the telephone call between VipinRAT and GonHALF...vipinRAT, answer your phone! LMFAO

  • Reply to


    by solarmanmike Sep 18, 2014 3:00 PM
    solarmanmike solarmanmike Sep 19, 2014 1:57 PM Flag

    The Alpha Male shorted CLF at $13.90...he may get a final opportunity to cover at break even...take it stupid!

  • Reply to


    by skittle12345 Sep 19, 2014 1:09 PM
    solarmanmike solarmanmike Sep 19, 2014 1:27 PM Flag

    Yes, skittle can flip from sane to insane in a heartbeat...a real SICKO...

  • solarmanmike by solarmanmike Sep 19, 2014 1:19 PM Flag

    By Jacob G. Hornberger

    September 18, 2014 "ICH" - "FFF" - Lots of Americans are extremely upset about ISIS. They’re not sleeping well, and they’re pacing the floors. They are convinced that ISIS is coming to get them, drag them from their homes, cart them away to some Arabian desert, and behead them.

    There is something important to keep in mind about all this: This is the way of life under an empire, especially one whose foreign policy is based on hundreds of military bases in foreign countries, meddling in the political and economic affairs of other countries, support of and partnerships with foreign dictatorships, foreign aid, invasions, wars of aggression, occupations, kidnappings, torture, and other such things.

    Once you realize that chaos, crises, conflicts, tensions, and wars are an inherent part of imperial life, you don’t tend to get so upset over the latest crisis. You instead say to yourself: Well, here we go again—another official enemy who is the gravest threat to “national security” in the history of the national-security state apparatus that was grafted onto our governmental system after World War II.

    Think about all the official enemies that have scared the dickens out of the American people since the advent of the national-security state.

    Older Americans will attest to the great fear that was inculcated into their generations — the fear that the communists, especially the Soviet Union but also Red China, were coming to get them or, even worse, that they were going to unleash a nuclear war against the United States.

    Throughout the Cold War, American life was geared to fearing the communists and ferreting them out. The FBI and the CIA in particular did everything they could to discover “subversives” within American society — that is, people who were suspected of being communist moles, infiltrating America with the aim of turning the country Red. That’s what the secret FBI campaign against Martin Luther King was all about. It was also what the CIA’s secret campaign against the U.S. Communist Party, the Fair Play for Cuba Committee, and opponents of the Vietnam War was all about.

    It was all driven by fear, which is always the coin of the realm for an empire. If they don’t make the people afraid, then people are less likely to go along with the schemes.

    When the Cold War finally ended, ironically it was the national-security establishment that became fearful. They feared that Americans might say that since the national-security apparatus, including the enormous military establishment and the CIA, had come into existence to wage the Cold War, then why not now abolish this apparatus now that the Cold War was over?

    After all, most everyone understood that the national-security state apparatus was alien to America’s heritage of anti-militarism, anti-imperialism, and nonintervention. That’s certainly what President Eisenhower said in his Farewell Address in 1960.

    U.S. national-security state officials didn’t have to fear long. Almost immediately, Saddam Hussein was made the new official boogeyman. He was the new Hitler. He was going to conquer the world. Even worse, he was going to unleash mushroom clouds over American cities with WMDs.

    Ironically, before he was converted into a new official enemy, Saddam had been a partner of the U.S. national-security establishment. In fact, I’ll bet that lots of Americans don’t know that Saddam got those scary WMDs from the United States and other Western nations, when he was their friend and partner.

    But throughout the 1990s, no one thought about the partnership between Saddam and the U.S. government. That was kaput. All that mattered now was that people now had a deep fear of a new official enemy — Saddam Hussein, a fear that gripped their minds for more than decade.

    Then came the 9/11 attacks, which were motivated in part by the deaths of Iraqi children from the sanctions. Those attacks were used to garner support for an invasion of Iraq, in large part because people were so fearful of the WMD attacks that U.S. officials told them were coming next.

    After Iraq was conquered, the fear of Saddam was replaced by the fear of Osama bin Laden and al-Qaeda, who now supposedly posed a greater threat to the United States than even the communists and Saddam. The 9/11 attacks confirmed that the terrorists were definitely coming to get us and even take control of the federal government, including the IRS, DEA, Federal Reserve, and other federal agencies.

    Today, people tend to forget the deep fear that they had of al-Qaeda. But it was as great as their fear of ISIS and, for that matter, of the communists and Saddam Hussein.

    Today, it’s ISIS, a group that is waging a brutal civil war in Syria and Iraq to gain the reins of power in those two countries. Never mind that this group is a direct result of U.S. interventionism in both Iraq and Syria. And never mind that the group has never attacked the United States. What matters is that it is a new official enemy that everyone is supposed to fear. After all, who knows — ISIS might have Saddam’s WMDs secretly hidden in some desert or cave in Iraq or Syria.

    This is what empire is all about — constant, perpetual fear.

    And who is the big winner in all this perpetual chaos, crisis, conflict, war, and fear? You guessed it: the vast military-industrial complex that President Eisenhower warned us was a grave threat to our nation. With President Obama announcing that his war against ISIS would last three years, the “defense” contractors are assured a continuous, ever-growing flow of U.S. taxpayer dollars into their coffers. And don’t think that it’s only going to last three years because you can rest assured that a new official enemy will pop up somewhere to justify a perpetual flow of money into the military industrial complex.

    Oh, by the way, have you noticed that this same phenomenon of perpetual crisis, chaos, and fear also pervades the war on drugs and the war on immigrants?

    You can be fearful and you can pace the floors. But if you want a society of peace, prosperity, and harmony, there is but one solution: Dismantle, don’t reform, the vast military empire and national-security state apparatus and end America’s foreign policy of intervention. Otherwise, just prepare yourself for a life of perpetual crisis, chaos, war, conflict, and fear.

  • Reply to


    by skittle12345 Sep 19, 2014 1:09 PM
    solarmanmike solarmanmike Sep 19, 2014 1:16 PM Flag

    Muddapuckers at nsa and yhoo deleted my previous post to you...

1.70-0.08(-4.49%)Sep 19 4:04 PMEDT

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