Greg Pinelli

How Geopolitical Unrest Is Affecting Oil and Global Currencies

Precisely what does that stuff you wrote mean?? You just posted previous and said NOTHING there..now you compound it! The agreement makes you "ponder" what???
Of course..the author is correct..gold does eye things..it eyes the strength of paper money and credit..it eyes the future and the unrest we may see geopolitically...My God..where do some people get their notions from!!!


On Dec 29 05:12 PM aitvaras wrote:

> Simmons: The Trend is up and Oil will go up also.
>
> All of the pundits are starting to agree. This agreement makes me
> ponder. But even when most analysts are in agreement, it doesn't
> mean you should Run in the opposite direction.
>
> They could be right for quite a while. IMHO

10 Drivers That Will Affect the Market in 2009

You certainly answered the intelligence question..and anyone reading your gutless posts could hardly argue..Yes..I'd buy corporates because the spreads between Treasuries and Corps is too wide..I would also buy gold..because gold is forward looking and will handle any issues that come alone when credit creation expands beyond what anyone is expecting..got that a.whatever..duh???
Read my post and please..if you're fairminded..notice I ACTUALLY GAVE SOME RECOMMENDATIONS!!..any... can take cheap potshots..and believe me..this dude a.....whatever..is on to that game shamefully.


On Dec 29 01:34 PM aitvaras wrote:

> So let me get this straight: Pinelli wants you to buy Bonds in a
> currency which will be depreciating by the week instead of more Gold
> and Silver with that money.
>
> I really don't understand the reasoning here. I guess, I'm not not
> very smart, duh.

Oil Income Stocks Decline to New Price Lows

ztrader..You are correct..LINE has been a solid investment and like a lot of safe haven equities has been caught in the financial whirlpool..I have tremendous respect for LINE and PWE and the people who run them..It's VERY easy for know nothings to trash the people who run them and their prospects..But..like you..I've put my money where my mouth is..and LINE is a great equity......


On Dec 30 08:32 PM zayttrader wrote:

>
>
>
> On Dec 30 11:47 AM aitvaras wrote:

The Oil Price Conundrum

Government mandate?? It's important if one is going to be in the game to understand at least the rudiments of Peak Oil..there are not "hundreds" of years of oil...Where??? This nonsense sounds like a CERA press conference....
How does a..whatever KNOW tht Saudi Arabia has the kind of spare capacity he claims??? Simmons doesn't think so...Campbell doesn't think so..and now the IEA doesn't think so! So share these brilliant insights with us Mr. anonymous....HOW DO YOU KNOW SO????


On Dec 30 12:58 AM aitvaras wrote:

> There is plenty of oil, hundreds of years of it. Coal gasification,
> Coal to liquids, Shale, Tar Sands, whatever you want to call it,
> still untaped waiting to be used.
>
> Peak Oil just referred to the easily found and extracted variety.
> That epoch has come and gone. Peak Oil has come and gone but no one
> paid any attention to it because high prices saw the use of extreme
> but expensive technologies which would have obviated the effects.
>
>
> Low oil prices have stopped the use of these new techniques, hopefully
> they will be revived in the US via Government mandate. If Not then
> we will be back to square one and the price rise will be greater
> but not really that much faster since Opec will have a much greater
> level of Spare Capacity.
>
> Peak Oil should not be confused with Refinable Oil. State of the
> Art Refineries are quite capable of handling the heavy and sour grades
> that are in abundance. The fact that there aren't enough of them
> doesn't mean that there isn't enough oil.
>
> At least 50% of all of the oil pumped out of the ground in the US
> over the last 200 years still rests underground in those same locations.
> The technology to eke out another 10-20% out of them did not exist
> when they were capped, it does now.
>
> Its a matter of extraction costs vs price levels. If the price is
> right, there will be plenty of oil. If Refineries capable of handling
> the heavy/sour grades are built, there will be an ample supply of
> product. The Technology is here and available.
>
> Peak Oil referred to the WTI, Brent, Louisiana Light grade oil fields
> which are as scarce as hen's teeth.
>
> IMO
>
>
>
>
>
>
>

Cramer on Ultra-Short ETFs: Just Plain Wrong

Gold had..as anyone who knows the history, had NOTHING to do with the Hunt Brothers and the gold:silver ratio. That ratio goes back to the 19th century..and for those who haven't yet joined the 21st silvers uses go far beyond photography..try water purification..virtuall... every high tech eletrical and computer use imaginable..catch a clue.
I have to concur with mark mchugh..who is giving this two sentence clown these thumbs up?? His posts are a joke..also..how about showing some guts and using your real name? That's what I thought!!


On Dec 30 09:31 AM aitvaras wrote:

> ValueInvestor: You are right. But you will receive that all time
> hype from almost all Media and analyst outlets because most of them
> don't bother with facts over 20 years old.
>
> This move to the downside has forced a lot of attention back into
> history but even though the Great Depression has been written about
> in great detail, you will get heated discussions on what happened
> when.
>
> Its really a sad state of affairs when history is altered to push
> Agendas. Take the Gold/Silver Ratio for instance.
>
> When Gold was rising to catch up to its true value after decades
> of price manipulation, it ran into an inflationary period and was
> deemed thereafter as reflective of Inflation. Silver was an Industrial
> metal which had deep rooted usage in photography. But the Hunts tried
> to corner the market at the same time as gold was rising so Silver
> wound up being the Poor Man's gold, and as such, wound up with a
> ratio. Digital cameras...bye bye ratio.
>
> History? Why bother, if I say it and no one catches me, then it will
> be so.

Three Top Canadian Royalty Trusts

This article is so far behind the curve it's almost hitting itself in the butt coming back....the Canadian Trusts are still decent safe haven plays..but for those wanting to move somewhere near the front of the curve look at LGCY and (especially) LINE.

The Gold to Oil Ratio Does Matter

I like the usefulness idea..we could all go to the local bank and demand bushels of wheat for our Federal Reserve Notes...maybe sled dog teams to pull our "money" around would come back in vogue and all the new pet food stores I see will be able to stay in business...Someone needs to write Obama about this one..brilliant!


On Dec 30 02:17 PM bricki wrote:

> A commodity based currency is a good idea. The Sumerians based theirs
> on a fixed weight of barley, the shekel.
>
> I am less trilled about gold as that currency though, for the reason
> that it has no utilitarian uses.
>
>
>

The Gold to Oil Ratio Does Matter

Ratios don't have to be "fixed" to have meaning. If they were fixed then they wouldn't vary. It's always helpful to think about what one says before saying it.
Gold:oil ratio is certainly more significant than the gold:silver ratio because each is representative of something critical that's hard to come by..gold being the ONLY real substitute for paper money..and oil being very sensitive to the value of its currency peg (largely US$) and a diminishing critical resource.
Gold is telling us very clearly that in spite of the deflationist nonsense credit creation on a huge scale is lurking ahead, in virtually all paper currencies. That means catch up for oil...at the prices today for all grades of oil there is little incentive to maximize current production..and NONE to develop future production. Producers will cut internal subsidies and budgets and bide their time....because as the great philosopher Mick Jagger once said.."time is on my side."

The Oil Price Conundrum

Some of the posters above obviously haven't read much of Simmons or the Peak Oil perspective...Simmons take has always been that we are facing a geological..not a market... issue. There is NO..I repeat NO ...conundrum about oil. The market price is "fair.." Whatever that might mean..However, the market price may not be reasonable or reflective of real conditions in the supply world. My bet..it's not even close.
The "reasonable" price must ALWAYS be what producers need to make a profit given the risk they take..for oil that's around $70-75...ANYTHING LESS AND THEY MAKE A VERY SOUND CHOICE..WHY PRODUCE???..IT'S MORE REASONABLE TO LEAVE PRODUCT IN THE GROUND AND COME BACK AT A LATER DATE......
Morons like Phil Flynn are always looking thru the rear view mirror..the forward thinker wins the day....oil (and nat gas) are depleting...it's a race against the stagnant or falling economy and oil..a burst in one will lead to a very large burst in the other.

10 Drivers That Will Affect the Market in 2009

I like that Corp Bond trade..and Closed End Fund Pfd portfolios also...very large, unsustainable spreads. Treasuries are simply the latest panic purchase..Gold (and silver) is going to look very cheap at Decembers $900 (and $11) by April of 2009...it is IMPOSSIBLE to slam that much liquidity power (credit) into financial institutions and not have it gush at some point..and it will gush worldwide...it's hard to imagine a currency that won't be depreciating by the week.

Low Volume on Little News

This is a great season to be trading...Because volumes are low price distortions are worth exploiting. The Closed End Bond/Preferred equities are substantially underpriced and will do VERY well next year (DHS..JSN..JPS)..these are very high potential return plays. As credit expands (explodes might be more appropriate) and the reluctance to raise rates any time soon limits appropriate reaction by central banks...these 10%+ returns will look incredibly appealing.

Gold Poised to Move Higher

Alpha is most fortunate to have Adam Hamilton write a column..he's one of the VERY few metals analysts I pay close attention to. My take on gold (and certainly silver is included) is that we are on the cusp of a defining moment for all paper currencies. Throughout my lifetime..which spans the original Bretton Woods agreement...the US $, like it or not, has been a universally accepted and highly dependable medium of exchange. Despit decades of depreciation it was only a fringe element that ever thought the dollar was dead as a currency. That may all be part of the past. The credit/liquidity ammunition is stocked and ready to fire..
I strongly recommend that everyone take at least a rudimentary position in gold...if you have the funds then silver also. By May 2009 the world's central banks are going to be between a rock a hard place..The credit expansion they want so badly will e monumental in scope and building at breakneck rates. What will they do then? Raise rates? Kill the recovering economies of the world? Very ugly stuff.......

Barron's Finds a Win in Linn

It's amazing how little some people seem to know about an equity but feel compelled to say something. Barron's is spot on..LINE is one of the best, if not THE best, safe haven oil/gas company in the US. The particular structure of the company, whether LLC or MLP, is not nearly as significant as the nature of its asset base and its committment to investor distributions..please consider...
1. LINE is fully hedged thru 2009 at prices that mean it's payout, regardless of spot prices of oil, is assured.
2. Cash flow is the dominating feature of all the company's structures like this (and also for Royalty Trusts or MLPs..etc). Anyone who looks at the financials on Google and determines LINE or PWE or LGCY are deficient simply isn't doing their due diligence.
3. There has NOT been substantial insider sellng..shares have been sold by officers in a very orderly (per SEC requirements) manner and insiders have substantial positions.
4. Over a decades worth of reserves and a very forward looking management..
As for the nmedia..what media do some of you mean? CNBC..Bloomberg's...Wa... Journal??? Barron's has ALWAYS been one of the more iconoclastic and skeptical of all the print equity journals...I listen to the media most of the day at the financial sites and the overwhelming tone has been negative..I hear varied views and counterviews.
Nice synopsis of the article...LINE is going to prove highly profitable to investors with enough cajones to put their money on the table.

Soaring Silver, Stalling Gold

We can only hope that is USERwhatevers first and last senseless rant.
While I share some of Jeffs sentiments concerning silver I'm lost as to what he analyzed..really not much. How did he determine gold is stalling and silver soaring?? From Dec 2006 to Aug 2008 the Gold:Silver ratio rolled between 46 and 56:1..It's now at 83 and change....Don't get me wrong..I think this ratio is largely useless..in part because we're talking about about 2 very different metals.
I use gold as a store of value..period. It always has been and ALWAYS will be a bulwark against paper money/credit expansion and defacto default.
Silvers a different animal..incredibly useful stuff with a phenomenal future. Potable water is virtually impossible without it.

2008 Commodity Performance

GMiki..it's difficult to praise your eloquence..but your correctness is indisputable. Every week on Alpha I read gold trashed by people who..believe it or not..also criticize the Fed and Treasury for abusing the people's trust. Amazing..they simply don't get that gold is the ONLY means of countering the incredible fraud we're experiencing! Barbarous relic indeed. Tell that to the Romans..the Venetians..the 19th century British Empire..and America when it could still claim some semblance of moral rectitude.