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  Jim Kingsland

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  Markets are waiting with baited breath for Apple results.

  The day AFTER earnings, #Apple
  stock falls 68% of the time, according to Birinyi Asso.

  The Next iPhone Is Coming This October –

  $AAPL:Instead of 32M iPhone shipments in CQ2 we now
  believe 28M-30M is more likely(we currently estimate 32M) Jefferies

  –

  Happy news: FLASH: Fitch Upgrades Ford’s Credit rating to
  Investment Grade –

  US Steel. ATT among companies that will help the Wall St
  yoyo to rise.

  Netflix… down 14 at 87… bad subs growth.  Netflix specific

  Republican Primary… joke… I will go and cast my vote. It won’t
  be for Romney, though I know Paul has no chance due to a variety of factors.
  Not the material the repbublicans are looking for… some of his foreign policy
  views I’m not so keen on.. we are a coddled society.. we are a controlled
  society. Paul’s timing is off.

  As my friend Wes Richards of Wessay.blogspot.com says … My
  opinions are my own but you’re welcome to them.

  Speaking of Wes… he had a great piece yesterday..

  The world of conflict has been taken over by the world of
  professional wrestling.  Everyone’s fighting for or against something.

  Top of the list of worsts:  Politicians.  They’re fighting for your
  freedom.  They’re fighting for your rights.  They’re fighting to
  lower your taxes.  They’re fighting to restore white America to its
  rightful owners.

  How do they do this?  Like George “The Animal” Steele and Gorilla Monsoon
  duking it out in the squared circle after each makes a televised statement
  about how the other’s days are numbered.

  Read more at…. http://wessays.blogspot.com/2012/04/1009-phony-fights-wars.html

  Billionaire Jim Rogers
  is Buying Gold Like Mad

  2012-04-23 — livegoldprices.com

  “Mr. Rogers recently stated that he
  would buy at $1,600 per ounce and further increase his holdings when the price
  drops to $1,500 per ounce. He said that the price will climb much higher in the
  next ten years but did not elaborate. In November 2011, he said the price would
  “easily” increase to $2,000 per ounce and would reach $2,400 per
  ounce during its bull run, “which has years to run.””

   

  The next story may be at odds with Jim Rogers’ $1500
  range to buy more gold.

  From Forbes.com… Gordon G. Chang, Contributor

  I write primarily on China, Asia, and nuclear
  proliferation.

   

  The Best Reason in the World to Buy Gold

  Beijing is planning to avoid U.S. financial sanctions on
  Iran by paying for oil with gold.  China’s imports of the metal are already
  large, and you can guess what additional purchases are going to do to
  prices.

  On the last day of 2011, President Obama signed the National
  Defense Authorization Act for Fiscal Year 2012.  The NDAA, as it is
  called, attempts to reduce Iran’s revenue from the sale of petroleum by
  imposing sanctions on foreign financial institutions conducting transactions
  with Iranian financial institutions in connection with those sales.  This
  provision, which essentially cuts off sanctioned institutions from the U.S.
  financial system, takes effect on June 28.
  Read more at ….

  Forbeshttp://onforb.es/IJPvqt via @sharethis

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