So copy the whole code (everything in the box that comes up) like this:
<a href=“http://www.flickr.com/photos/96110207@N02/9198163891/” title=“IMG_7032 by KENBUILT79, on Flickr”><img src=“http://farm3.staticflickr.com/2865/9198163891_c440bea659.jpg” width=“500” height=“333” alt=“IMG_7032”></a>
Then delete everything else so the only thing left is this:
(the forum automatically shortens it and makes it a link, so disregard the … in the middle and note the beginning and end)
Then put [img] tags around it and the image will show up: