that China is to invest in developing north and south Iranian oil fields (which will produce 700,000 barrels per day of crude). One of the oil fields, Azadegan, has one of the world’s largest oil deposits, with in-place oil reserves estimated at 42 billion barrels - enough to tide China over a for a while

China Shuns US And Invests Direct In Iran Oil-Fields

Submitted by Tyler Durden on 07/08/2012 19:35 -0400

• China
• Crude
• Crude Oil
• Iran
• Iraq
• Natural Gas

Between Clinton's 'prices to be paid' and Obama's new trade-war, is it any wonder the Chinese have decided to escalate their 'more-than-rhetoric' from bartering away from the USD. After ignoring the sanctions and then receiving their exemption, PressTV reports tonight that China is to invest in developing north and south Iranian oil fields (which will produce 700,000 barrels per day of crude). One of the oil fields, Azadegan, has one of the world’s largest oil deposits, with in-place oil reserves estimated at 42 billion barrels - enough to tide China over a for a while - as Iran's Oil Minister Rostam Qasemi adds after 10-15 years of negotiations the decision has finally (and coincidentally very timely) been reached as "the Chinese side has started its activities by investing USD 20 billion in the oil fields".

Via PressTV:

Iran's Oil Minister Rostam Qasemi says China has agreed to invest USD20 billion in developing north and south Azadegan and Yadavaran oil fields which will finally produce 700,000 barrels per day (bpd) of crude oil.

Speaking to reporters in a visit to the Petropars Company on Sunday, the oil minister said the agreement for developing Azadegan and Yadavaran oil fields has been reached after 10-15 years of negotiations with the Chinese side.

He added that the Chinese side has started its activities by investing USD20 billion dollars in the oil fields.

"So far more than 20 drilling rigs have been installed in Azadegan and Yadavaran oil fields and plans have been made for the daily production of 700,000 bpd of crude oil [when development of both fields is complete],” Qasemi stated.

The minister said contracts have been signed for the development of 12 new oil fields in the past few months, adding, “Development of some fields, including Azar and Changouleh oil fields has also begun.”

Qasemi said necessary measures have been taken for the development of Darkhoein and Mansouri onshore oil fields as well as offshore fields such as Farzad A.

Yadavaran oil field is located in the southwestern Khuzestan Province bordering Iraq. The development project of the oil field is expected to be implemented in three phases. Upon the completion of all phases, some 300,000 barrels of oil are expected to be pumped out on a daily basis.

Azadegan oil field has one of the world’s largest oil deposits, with in-place oil reserves estimated at 42 billion barrels.

Iran holds the world's third-largest proven oil reserves and the second-largest natural gas reserves.

The country's total in-place oil reserves have been estimated at more than 560 billion barrels, with about 140 billion barrels of extractable oil. Moreover, heavy and extra heavy varieties of crude oil account for roughly 70-100 billion barrels of the total reserves.

Average:

4 Oil And Gas Drilling High-Yield Dividend Stocks That Analysts Rate As Buy Or Better

May 23, 2012 | 3 commentsby: ZetaKap | includes: BBEP, LGCY, MWE, VNR

Interested in oil and gas drilling stocks? Do you prefer stocks that pay back their investors with dividend income? Do you prefer stocks that analysts rate as "Buy," or better? Looking for ways to dig deeper into a company's profitability? Keeping this idea in mind, we ran a screen you might be interested in.
EPS growth (earnings per share growth) illustrates the growth of earnings per share over time. EPS growth rates help investors identify stocks that are increasing or decreasing in profitability. This profitability metric is generally a key driver in the price of the stock as it directly correlates to the profitability of the company as a whole.
The Operating Profit Margin is a profitability ratio that measures the effectiveness of the company's operating efficiency. This metric allows investors to see how much profit is left after all variable costs are covered. If the company's margin is increasing over time this means that it's earning more per dollar of sales. Finding trends in the Operating Profit Margin helps investors identify companies that are improving profitability over time and managing the economic landscape better than competitors.
We first looked for oil & gas drilling stocks with a very high yield (more than 5%). We then screened for businesses that analysts rate as "Buy" or "Strong Buy" (mean recommendation < 3). We then looked for businesses that have shown strong bottom line growth over the last year (1-year fiscal EPS growth rate>10%)(1-year operating margin>15%). We did not screen out any market caps.
Do you think these stocks hold solid value? Use this list as a starting-off point for your own analysis.
Breitburn Energy Partners L.P. (BBEP)

Sector:	Basic Materials
Industry:	Oil & Gas Drilling & Exploration
Market Cap:	$1.16B
Beta:	0.87

Breitburn Energy Partners L.P. has a Dividend Yield of 10.82%; a Payout Ratio of 68.74%; an Analysts' Rating of 1.50; an Earnings Per Share Growth Rate of 193.60%; and Operating Profit Margin of 36.99%. The short interest was 0.74% as of 05/22/2012. BreitBurn Energy Partners L.P. engages in the acquisition, exploitation, and development of oil and gas properties in the United States. The company's properties include natural gas, oil, and midstream assets comprising fields in the Antrim Shale in Michigan, and the New Albany Shale in Indiana and Kentucky; and fields in the Evanston and Green River basins in southwestern Wyoming, the Wind river and Big Horn basins in central Wyoming, the Powder River basin in eastern Wyoming, the Los Angeles basin in California, and fields in Florida's Sunniland Trend. As of December 31, 2011, its total estimated proved reserves were 151.
Legacy Reserves Lp (LGCY)

Sector:	Basic Materials
Industry:	Oil & Gas Drilling & Exploration
Market Cap:	$1.27B
Beta:	1.06

Legacy Reserves Lp has a Dividend Yield of 8.36%; Payout Ratio of 69.41%; Analysts' Rating of 1.60; Earnings Per Share Growth Rate of 508.12%; and Operating Profit Margin of 28.41%. The short interest was 0.34% as of 05/22/2012. Legacy Reserves LP, an independent oil and natural gas limited partnership, engages in the acquisition and development of oil and natural gas properties primarily located in the Permian Basin, Mid-Continent, and Rocky Mountain regions of the United States. As of December 31, 2010, it owned interests in producing oil and natural gas properties in 370 fields in the Permian Basin, Texas Panhandle, Wyoming, Oklahoma, and several other states; operated 2,132 gross productive wells; and owned non-operated interests in 3,227 gross productive wells, as well as had proved reserves of approximately 52.8 million barrels of crude oil equivalent.
MarkWest Energy Partners LP (MWE)

Sector:	Basic Materials
Industry:	Oil & Gas Drilling & Exploration
Market Cap:	$3.77B
Beta:	0.99

MarkWest Energy Partners LP has a Dividend Yield of 5.99%; Payout Ratio of 159.32%; Analysts' Rating of 1.70; Earnings Per Share Growth Rate of 6353.29%; and Operating Profit Margin of 21.93%. The short interest was 0.61% as of 05/22/2012. Markwest Energy Partners, L.P., together with its subsidiaries, engages in the gathering, processing, and transportation of natural gas in the southwest, Gulf Coast, and northeast regions of the United States.
Vanguard Natural Resources, LLC (VNR)

Sector:	Basic Materials
Industry:	Oil & Gas Drilling & Exploration
Market Cap:	$1.35B
Beta:	0.95

Vanguard Natural Resources, LLC has a Dividend Yield of 9.15%; Payout Ratio of 103.19%; Analysts' Rating of 2.00; Earnings Per Share Growth Rate of 95.51%; and Operating Profit Margin of 45.07%. The short interest was 0.53% as of 05/22/2012. Vanguard Natural Resources, LLC, through its subsidiaries, engages in the acquisition and development of oil and natural gas properties in the United States. It owns properties and oil and natural gas reserves primarily located in six operating areas: the Permian Basin in west Texas and New Mexico; the Big Horn Basin in Wyoming and Montana; south Texas; the Williston Basin in North Dakota and Montana; Mississippi; and the Arkoma Basin in Arkansas and Oklahoma. As of March 31, 2012, the company had total proved reserves of 71.
*Company profiles were sourced from Finviz. Financial data was sourced from Finviz.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

http://seekingalpha.com/article/612721-4-oil-and-gas-drilling-high-yield-dividend-stocks-that-analysts-rate-as-buy-or-better

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This article is tagged with: Investing for Income, Dividend Quick Picks & Lists, Basic Materials, Oil & Gas Drilling & Exploration, United States

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bemerkenswerte dividendenrenditen

These are the results of the best yielding stocks:

CYS Investments (CYS) has a market capitalization of USD 1.65 billion and operates within the "REIT - Residential" industry. These are the market ratios of the company: P/E Ratio: 10.35, Forward P/E Ratio: 6.92, P/S Ratio: 6.40, P/B Ratio: 1.08, Dividend Yield: 14.10%.

Newcastle Investment (NCT) has a market capitalization of USD 777.37 million and operates within the "REIT - Diversified" industry. These are the market ratios of the company: P/E Ratio: 2.56, Forward P/E Ratio: 4.29, P/S Ratio: 2.64, P/B Ratio: 2.51, Dividend Yield: 12.78%.

http://seekingalpha.com/article/671081-the-best-dividends-on-june-21-2012

Guest Post: Golden Cognitive Dissonance

Submitted by Tyler Durden on 07/03/2012 15:01 -0400

• Bond
• Central Banks
• Cognitive Dissonance
• default
• Fail
• Guest Post
• Money Supply

Submitted by John Aziz of Azizonomics
Golden Cognitive Dissonance
Simon Jack of the BBC asks a question that many of us have already answered:

Gold v paper money: Which should we trust more?

Fortunately, this gives way to some relatively fair coverage:

Detlev Schlichter is a former banker and the author of Paper Money Collapse and he says the current system is fatally flawed.

“The problem is that what we use as money can be created and produced by the privileged money producers – which are the central bank and the banking system.They can produce as much of this money as they like. And so the supply of this form of money is entirely elastic, it is entirely flexible.”

Detlev Schlichter believes this will, ultimately, lead to people losing faith in our current system of elastic money and turning to something that does not stretch – like gold.

The key point to add to this of course is that gold is not just insurance against dilution, it is more importantly insurance against counter-party risk:

Counter-party risk is the external risk investments face. The counter-party risk to fiat currency is that the counter-party — in this case the government — will fail to deliver a system where that fiat money will be acceptable as payment for goods and services. The counter-party risk to a bond or a derivative or a swap is that the counter-party will default on their obligations.

Gold — at least the physical form — has negligible counter-party risk. It’s been recognised as valuable for thousands of years.

Counter-party risk is a symptom of dependency. And the global financial system is a paradigm of interdependency: inter-connected leverage, soaring gross derivatives exposure, abstract securitisations.

When everyone in the system owes shedloads of money to everyone else the failure of one can often snowball into the failure of the many.

Unfortunately, the BBC then embarks on an inane and pointless discussion on the merits of gold as an enforced monetary standard, a completely different topic to whether or not individuals should trust paper assets or hard money.
DeAnne Julius of Chatham House is quoted as saying:

If the amount of money in the system was limited by pegging it to gold it would limit economic growth, which is the last thing we need right now.
I think to put your faith in gold as the basis of a country’s monetary system would be extremely foolish.

This is not actually true — every single historical example of the gold standard has allowed for the expansion and contraction of the money supply as per the market’s desire for money — it can be mined, it can be recirculated, it can be credited, it can be imported, it can be devalued, or it can be supplemented with silver and other substances. The “problems” with gold only really began in the 1930s when central banks started imposing policies of forced contraction over extended periods — ignoring true market preferences.
The gold exchange standard period, which followed WW2, was a period of unprecedented and unparalleled expansion, productivity growth, technological innovation, and financial stability.
The Bank of England’s recent report on the gold standard periods concluded:

Overall the gold standard appeared to perform reasonably well against its financial stability and allocative efficiency objectives.

The BBC concludes by quoting former Chancellor of the Exchequer Lord Lawson:

You can’t force a government to stay on gold, so therefore gold has no credibility.

Do you see the cognitive dissonance here? If we are to believe Lord Lawson, gold has no credibility, because governments have previously proven themselves untrue to their word. Surely the thing that has no credibility is not gold, but government promises? And that is the answer to the BBC’s initial question.

30 Euro Silber "10 Jahre Euro-Währung" Spanien 2012 // Silberhedge Deflation/Inflation

30 Euro Silber "10 Jahre Euro-Währung" Spanien 2012 Tauschaktion keine Angabe		jetzt nur noch 30,00 EUR MwSt. frei zzgl. Versandkosten
Weitere Ansichten:

Spanien 2012, 30 Euro Silbermünze anlässlich 10 Jahre Euro-Währung, Prägequalität: Stempelglanz Silber 925/1000, Gewicht: 18g Auflage: 2 Mio. Stück. Achtung: Nur eine Münze pro Kunde bestellbar!

Lieferung bestätigt: Israel stattet deutsche U-Boote mit Atomraketen aus

03.06.2012, 12:13 Uhr, aktualisiert 20:56 Uhr

Laut einem Medienbericht ist der Bundesregierung seit Jahrzehnten bekannt, dass die israelische Marine U-Boote aus deutscher Produktion mit Atomraketen ausstattet. Erst kürzlich sei ein neuer Vertrag geschlossen worden.

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Das erste von drei in Deutschland gebauten U-Booten der israelischen Marine, die „INS Dolphin“, läuft in den Heimathafen Haifa ein (Archivfoto von 1999). Quelle: dpa

HamburgDie israelische Regierung stattet einem Medienbericht zufolge in Deutschland produzierte und zu großen Teilen von der Bundesregierung finanzierte Unterseeboote mit Atomwaffen aus. Die Schiffe würden mit nuklear bestückten Marschflugkörpern bestückt, die mittels eines bislang geheimen hydraulischen Ausstoßsystems abgeschossen werden könnten, berichtete der „Spiegel“ in seiner neuen Ausgabe. „Die Deutschen können stolz darauf sein, die Existenz des Staates Israel für viele Jahre gesichert zu haben“, sagte Israels Verteidigungsminister Ehud Barak dem Magazin.

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Berlin hat mittlerweile auf den Bericht reagiert. „Die Bundesregierung steht mit der Lieferung von U-Booten an Israel in der Kontinuität ihrer Vorgängerregierungen“, sagte Regierungssprecher Steffen Seibert zu „Spiegel Online“. „Die Lieferung erfolgt ohne Bewaffnung; an Spekulationen über die spätere Bewaffnung beteiligt sich die Bundesregierung nicht“, sagte Seibert.
Ehemalige hochrangige Beamte aus dem Bundesverteidigungsministerium wie der frühere Staatssekretär Lothar Rühl oder der einstige Chef des Planungsstabs, Hans Rühle, sagten laut „Spiegel“, sie seien schon immer davon ausgegangen, dass Israel auf den Schiffen Atomwaffen stationieren werde. Aus Akten des Auswärtigen Amts gehe zudem hervor, dass die Bundesregierung seit dem Jahr 1961 über die Praxis informiert sei.

Bilderstrecke: Wie Gauck die Israelis von sich überzeugte

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• 
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Nach „Spiegel“-Angaben werden die fraglichen Schiffe von einer Werft in Kiel gebaut. Drei U-Boote wurden demnach bereits ausgeliefert, drei weitere sollen bis zum Jahr 2017 übergeben werden. Zudem erwäge Israel, noch einmal drei Schiffe zu bestellen. Den Vertrag über die Lieferung des sechsten Boots unterschrieb die Bundesregierung dem Bericht zufolge erst kürzlich.
Die israelische Marine hat bereits drei U-Boote des Typs „Dolphin“ im Einsatz, drei weitere sollen noch geliefert werden. Gebaut werden die Boote von der Howaldtswerke-Deutsche Werft in Kiel, einer Tochter des ThyssenKrupp-Konzerns. Der „Spiegel“ stützt sich bei seinem Bericht auf Recherchen in Deutschland, Israel und den USA, bei noch amtierenden und ehemaligen Ministern, beteiligten Militärs, Rüstungsingenieuren sowie Geheimdiensten.
Israel hat den Besitz von Atomwaffen nie offiziell bestätigt oder dementiert. Das Stockholmer Friedensforschungsinstitut Sipri gibt in seinem Jahrbuch zur Rüstung und Abrüstung 2012 an, dass Israel über 80 nuklear Sprengköpfe verfügt. Das Jahrbuch wird morgen vorgestellt.
Für dieses sechste Boot übernehme die Bundesregierung mit 135 Millionen Euro ein Drittel der Kosten und stunde zudem den israelischen Anteil bis zum Jahr 2015, schrieb der „Spiegel“. Als Gegenleistung erhoffe sich Deutschland unter anderem eine Wende in der israelischen Siedlungspolitik. Aus der israelischen Regierung gibt es für einen solchen Schritt bislang jedoch keine Anzeichen.

http://www.handelsblatt.com/politik/international/lieferung-bestaetigt-israel-stattet-deutsche-u-boote-mit-atomraketen-aus/6704836.html

new bonds issued by the weaker nations in the eurozone will be backed by gold

Dear Friend of GATA and Gold:
BMO market analyst Don Coxe today tells King World News that the likelihood is increasing that new bonds issued by the weaker nations in the eurozone will be backed by gold and that gold will be brought back formally into the international financial system, leading to a substantial upward revaluation. Why anyone would trust the gold pledges of nations that can't possibly fulfill their social welfare promises under any circumstances may be hard to understand, but anything like this is going to be construed as gold's superiority as money. An excerpt from Coxe's intervies is posted at the King World News blog here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/6/2_Don...