Wednesday, December 26, 2012

Akamai Technologies (NASDAQ:AKAM)

Akamai Technologies, Inc. provides content delivery and cloud infrastructure services for accelerating and improving applications over the Internet in the United States and internationally. The company offers application and cloud performance solutions to enhance the operation of the applications used by enterprises to connect with their employees, suppliers, and customers. Its solutions include Web Application Accelerator, which enables enterprises to run various applications; and IP Application Accelerator that is designed to optimize the performance, availability, and real-time sensitivity associated with IP-enabled applications delivered over Internet-related protocols. The company also provides video and software solutions that are designed to enable enterprises to execute their large file management and distribution strategies, which include media delivery solution to entertainment industry; and electronic software delivery solution that handles the distribution of software for its customers. In addition, it offers Website optimization services for accelerating business-to-consumer Websites that integrate collaborative content and applications into their online architecture; security and protection solutions that address the Internet security requirements; and network operator solutions, which provide custom solutions to commercial and government customers.

To review Akamai’s stock, please take a look at the 1-year chart of AKAM (Akamai Technologies, Inc.) below with my added notations:
1-year chart of NU
AKAM had been working its way higher since its June bottom. Along the way, AKAM formed an uptrending support level (brown) and for the last (3) months the stock had been hitting resistance at $40 (navy). At some point one of those (2) levels would have to break. Well, last week the stock broke through the $40 resistance and hit a new 52-week high.

Japan May Bottom in 2013 & Gold – watch 1570 / By Martin Armstrong
There has been a long-term trend in major inflations and deflations. The numbers are 23 and 26 years. There is sufficient data that has survived even from the Temple of Apollo on the Island of Delos which was essentially the ancient world’s central bank. Just as we know there was a major default of some 13 cities, we also know there was a major real estate bubble between 314-290BC. The Temple rented land owned by Apollo. Land prices soared in part due to a rise in commodity prices caused by weather. The rally lasted 23 years as the commodity bubble burst in 290BC.

Yen Weakens as Abe Threatens to Strip Bank of Japan of Independence

Japan’s yen fell on Monday, after incoming Japanese premier Shinzo Abe said he would try to pass laws to strip the Bank of Japan of its independence if it refused to set a 2pc inflation target.
Sterling bought 136.5 yen in Monday morning trade from 136.2 yen on Friday, after Mr Abe threatened on Sunday to revise a law guaranteeing the BoJ’s independence if it did not back his proposed inflation goal. The dollar fetched 84.5 yen from 84.24 yen.
“The yen is finding sellers, even in thin holiday trade,” said Jason Hughes, head of premium client management for IG Markets Singapore.
“The changes in political circles in Japan mean we will see a more aggressive stance in weakening,” he told AFP.
Mr Abe has said that he will pick someone who agrees with his views on the need for bolder monetary easing to succeed governor Masaaki Shirakawa when his term expires in April next year.
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Twenty Reasons to Buy Silver for the Long-Term! / By Mark Thomas /

As the author of I believe that silver could go to $60 per ounce from today’s price of just $30 by the end of 2014. That would be double from today’s current prices in just a little over two years! I also believe silver will be the best single investment of this decade. The following article is focused on why I think that you should seriously consider having a significant percentage of your investment portfolio in silver.

Many gold investors deride silver as the “poor man’s gold” because of its low relative price to gold. They also don’t like the fact that it because it is used primarily as an industrial metal it can be negatively affected by a cyclical downturn in the economy. This is opposite of gold which is viewed almost entirely as a precious metal. Many years ago, the silver market was so oversupplied because there were huge artificial inventories of silver. This was because the US took currency (coins) out of circulation due to its physical silver content. Because of this artificial situation, huge surpluses hung over the market until these excess inventories were depleted. This led to silver prices crashing as low as $2 and then traded around $5 for years. Because silver had so decoupled from the price of gold during this period, it began to be thought of as just another industrial metal and not a precious metal.
There are still skeptics who think of silver as just another industrial metal. However after a 600% rise in price from $5 to $30 since 2003, it has begun again to be viewed as a precious metal. I think that silver has only completed about fifty percent of that process. As this transformation continues there will be additional significant moves higher in price. That will attract more investors to silver again until it once again retains its true status as a precious metal.
  1. The amount of silver consumed annually and bought for investment exceeds currently exceeds total annual mining output and has for years. That gap has been filled by sellers willing to sell from existing inventories and as prices rise. As time passes this will naturally push prices significantly higher until this fundamental imbalance reaches a true equilibrium price where supply is closer to demand.