Mark Anthony

Looking for Opportunities in an Irrational Market Place

User 339541:

13.698M per day versus 12.904M per day is the number of barrels PER DAY. The difference is 0.794M, PER DAY. One week is 7 days. So times 7 gives you 5.558M barrels extra oil import for the week.

No Renewed Bull Phase for Metals Miners Just Yet

Bill:

One thing you should pay attention to is not just the massive physical metal redemption request of the ETF Securities platinum fund, but also the fact that the actual trade volume of the shares are way much lighter than the redemption requests. So the redemptions of the physical platinum metal are NOT investment funds unloading, but rather they must be industry users who hold shares tender the shares to redeem for the physical metal.

Another thing is on August 7th, the US government suspended sales of platinum from the defense strategic stockpile inventory. This is something that never happened before in 20+ some years since the end of the Cold War. You must understand that platinum is a critical war time material. Read this for the discussion:

seekingalpha.com/artic...

A Long List of Possible Shorts

Can you explain why you are trying to short coal stocks. What's the rationale? I actually like coal a little bit. Also have a look at platinum group metals. Check out PAL and SWC:

seekingalpha.com/artic...