Tony Daltorio

Jim Rogers: Lessons from a Legend

There is no one I respect more in the investment industry more than Jim Rogers.

Notice I said investment, not trading. That's one problem with the US - people think one week is long-term.....

Oil: Supply and Demand? Hardly!

You should try to get investment info somewhere besides CNBC or the WSJ. The Financial Times had an article a few weeks ago about how much of that floating inventory is gone and is still dropping as the large contango disappeared from the oil futures market. That oil has already been absorbed by the market.


On Oct 30 09:38 AM boby wrote:

> What do you think will happen when the market takes delivery of the
> 110m barrels floating?

Recent Oil Rally: Another Crowded Trade

The article was of time. Can the author tell me when was the last time Michael Lynch was right about oil? Let me help you - NEVER!

Face the fact that the era of cheap, easily recoverable is over. It is gone, never to return.

The Real Price of Crude Oil

The key point in the article is at the end when the author points out that those prices near $30 per bbl on the NYMEX were an aberration.

And I believe an outright manipulation to the downside by the Wall Street 'boyz', but it will never be investigated since falling oil prices are "good'.

Brent Oil Cheapens, The Plot Thickens

The only reason that WTI crude oil is cheaper than Brent oil is the market manipulation on the DOWNSIDE by US interests.

That is why volume is drying up - people are using contracts that are traded elsewhere which offer less manipulated markets than NYMEX crude oil.

Oil Prices: Higher or Lower in 2010?

Typical thinking of an academic - where all the oil will come from? By magic out of nowhere? You should read the IEA's latest report.

Mexico's Cantarell is heading down the drain and Brazil's offshore fields will take many years to bring on-line.

Wow! Where Did the Oil Go?

The large drawdown in oil stocks this week was due to a big drop-off in oil import shipments. Many oil shipments are being diverted elsewhere (China?) where they can get better prices.

Many sellers of oil are getting tired of the downward, Wall Street manipulation of the NYMEX contract and will just sell their product elsewhere.

Peak Oil for Dummies

To Ostrich, Sorry I mean Moral Hazards Amok,

Please get your head out of the ground. Major oil fields from Mexico to Russia to the Mid-East are rapidly depleting. And demand from the emerging economies is rapidly increasing.

The whole idea behind "Peak Oil" is not that we will run out of oil, but that we will run out of oil that be exctracted from the ground economically.

Sure they are many alternatives, but none of them yet make economic sense. They're getting closer but not yet.


On Aug 09 11:32 AM Moral Hazards Amok wrote:

> Oh, pleeeeeeeeeeease! The alarmists have been screaming about peak
> oil since the 1920s. They were obviously wrong then and they're also
> wrong now. Oil shale, oil sands, and new technologies allowing producers
> access to oil fields of much greater capacity than anything we've
> tapped so far... We're swimming in the stuff if the democrats and
> their radical Marxist allays will just allow us to produce it.<br/>
>
> Let me also point out that our natural gas reserves in the US contain
> more twice the energy contained in the oil fields of Saudi Arabia.
> It's very easy to start building trucks and cars that run on NG,
> and indeed we will soon start making that transition. Epiphany, folks,
> it’s very easy to transition to a NG transportation economy and we’re
> beginning to do so. Problem solved for several more generations.
>
>
> A much better article would have been about why peak oil is a myth,
> complete with much better references. But then again, no doubt our
> young author probably has a political agenda.

Speculators Stabilize Oil Prices: Here's Proof

Excellent article. The problem isn't the "speculators", but the fact that the US has been asleep for decades on a sensible energy policy.

Noticed the Oil Backup?

The problem, as usual, with the article and the commenters is that they are myopically focused on the US. Forget the US - energy prices are headed higher not lower over the long term because of the emerging world. Forget $20 oil - like I seen quoted heere at Seeking Alpha - that is just a price target the spuculators who are short want to see.

Looks Like Oil Production Already Peaked

Absolutely great article! Demand continues to grow (especially from the emerging world) and supply is flat at best.

Remember $20 Oil? Looks Like It's Coming Back

Two notes of caution about this article:
1) Verleger is an academic - little real world experience, lots of ivory tower thinking.
2) The author has completely bought into the Wall Street/Washington deflation fairy tale meant to get the "suckers" into buying Treasuries at near zero interest rates. I see deflation Nowhere except in assets like US real estate and stocks that are coming down from bubble levels. Therefore I am cautious about the article.

$20 Oil by Year's End?

Verleger - professor - no real-world experience. He hasn't a clue about the oil markets.

Why Crude Will Reach $100 / Barrel

Hello, there is a world outside the US. They are doing fairly well, unlike the US. Oil may not go to $100, but $35 oil is only a pipe dream that oil speculators think about. Fundamentals say oil shoould stay in the $50 - $75 range.


On Jul 15 04:04 PM The Greatest Rip Off of our Time wrote:

> You have to have a market for oil to reach $100 a barrel, Hello,
>
> the world is in a down turn and is still reeling from the summer
> of 08. The global economy is going through some major down sizing
> and there is no recovery in near sight. I feel oil in the $35-40
> range by Dec 09.

Deflation vs. Inflation: The Great Debate Rages On

Apparently you missed the point of the article completely and have been duped by the Big Boys.

Deflation is a complete myth invented by Wall Street and the US Treasury so they can get "suckers" to buy Treasuries at ridiculously low interest rates.

The only "deflation" that is occuring is in the value of assets that had bubble type valuations such as US housing and US stocks, both of which are still overvalued and will fall further.

The value of "real" goods and services are inflating due to the decline in the value of the US Dollar among other factors.


On Jul 05 09:39 AM stocknerd wrote:

> Inflation is NOT in sight. Sorry all you financial gurus. It just
> ain't. All that money may be just filling up the recession/almost
> a depression hole we are in RIGHT NOW. Please one crisis at a time.
> I would love to see a little inflation now in house prices and wages.
> No inflation. None. Nada. Zip.