CaptBob

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    • Wed Jul 30th 14:04 PM | Rating: 0 0
      Commented on:
      Oil Prices Finally Changing Consumer Behavior
      Today the world produced 85 million barrels of oil, tomorrow it will be less.
      Today the world consumed 87 million barrels of oil. Where did the 2 million come from?? Reserves I guess, if so there's 2 million fewer reserves for tomorrow.

      We're consuming less--very recently--in America. We've finally reached our price plateau, apparently above $4--(for the masses/average). Europe pays $6-$8 but has an offset with a strong Euro vs the dollar.

      The Asians have just started a consumer spike in Oil. They don't have to drive cars, since they outnumber us 10-1, just motorizing their bicycles will do very nicely, thank you.

      Everything else you read is just short term fluff and wishes.
      Tomorrow there will be less than enough, that's all you need to know. If you don't replace it with something else your standard of living is going down.

      Even a Politician ought to be able to connect those dots.

      It's the end of July and you don't have to drive today--good, you conserved--now spend that money insulating your house or tell your favorite bar to put in Lazy Boys for January--you gotta sleep warm sometime. The choice to save on oil then is going to prove a chilly proposition.

      Remember when Movie theaters had big signs outside in the Summertime with icicles hanging off them, saying cool inside-A/C!!.
      Maybe next winter it'll be flames and "warm inside" HEAT!!
      View article »
    • Wed Jul 30th 12:16 PM | Rating: 0 0
      Commented on:
      Why the U.S. Dollar Will Continue to Lose Value
      What goes here?? Censorship--I thought I had cleverly hidden my "Abominable" reference to a current candidate--the dispenser of "Pixie Dust" under the "Change" Label. From all but the Astute, no offense meant.

      Let's see if you can do it again??
      View article »
    • Wed Jul 30th 12:10 PM | Rating: 0 0
      Commented on:
      Why the U.S. Dollar Will Continue to Lose Value
      All true, but all ancient history.
      The realizations of today are merely vindicating yesterdays "crazy" predictions of the economically literate.

      The majority of the grasshoppers are wed to their good times and remain blissfully confident that another helping of "this is the Bottom" pixie dust will set everything right, and that terrible chemotherapy is really not needed.

      Here's to your health! Have another glass of "good times", all is right with the world cause ----we're really good people!!.

      This original content is not to be used in any "Snowman"-(A... - speeches.
      View article »
    • Mon Jul 28th 14:28 PM | Rating: 0 0
      Commented on:
      Predatory Banking Practices Undermining the U.S. Consumer
      Any Bank that will not afford me "No bounce" overdraft protection at a reasonable interest rate I simply won't do business with since if there is evidence of predation in one area, you know you're dealing with a wolf.

      Overdraft protection is a short term loan which covers all checks written above your present balance until the next deposit covers them. Not for free!-you pay a prevailing interest rate on which the Bank makes a profit--just not a predatory--"Thiev... profit.

      To most problems there is a simple answer. But they will not offer the option least in their interest--you must ask.
      View article »
    • Mon Jul 28th 13:06 PM | Rating: 0 0
      Commented on:
      The Garage Sale Indicator
      Even after the unneeded harvest of the consumption frenzy, now being sold off at garage sale prices are applied to the Visa mother that spawned it, the residual debt that grew in it's wake will leave the average American "Rich" in goods but liquidly impoverished.

      With the cancer of his debt growing exponentially beyond his hope of repayment.

      Will Hank and Ben give him a "Bailout" too??
      Funny that the very Banks that are being bailed out with his taxes are holding his Credit Card debts at 20%+ interest.
      What's wrong with this picture??
      View article »
    • Sun Jul 27th 14:10 PM | Rating: 0 0
      Commented on:
      Are Cars Loans Our Next Problem?
      Long before $4 gas Toyota was eating into GM market share, year after year. GM saw it happening, but coulden't figure out why.

      TOKYO, Japan — Toyota Motor beat General Motors in global vehicle sales in the first half of 2008 — and now is expected to knock GM from the No. 1 slot for the full year, despite cutting its own internal sales projections by around 350,000 units.

      Anyone who walks from his home is not a viable candidate for a new car sale even though he may be living in it.

      As we speak the Vultures are picking the bones of the American Consumer. All I can say is --what a shame!
      View article »
    • Sun Jul 27th 13:51 PM | Rating: 0 0
      Commented on:
      The Top 5 Looming Financial Issues
      Tex-Fore!: Pretty much right-on;
      I can name one (elected congressman) who told them the truth and Not-what they wanted to hear--as a Presidential candidate.

      Recognized for his insight loved for his "Truth" none the less raised 0-$$-and faded into the twilight, unremembered for his proclamations, which are now coming to pass.
      His name??--Ron Paul
      View article »
    • Sun Jul 27th 13:38 PM | Rating: 0 0
      Commented on:
      The Dodd Days of August
      Smart: I would forgo the stadium any day I could catch Dodd even in the vicinity of a train then something would change and it would be good cause to swill several beers.

      Getting a bit crowded under that Bus where everyone's being thrown--diversificatio... is good!--right??

      If we all went down to the track for a justified toss, we'd derail the train. Which would be nothing new for a Govt. operated enterprise like Amtrak would it?--Is there no hope??.
      View article »
    • Sun Jul 27th 11:59 AM | Rating: 0 0
      Commented on:
      The Top 5 Looming Financial Issues
      "The Top 5 Financial Issues for the Coming Decades"
      1. The price and ability to feed yourself and your family-(food).
      2. The price of available housing, with appurtenant expenses, taxes etc
      3. Cost of raising a family, clothes, education, marginal living expenses.
      4. Cost and ability to provide for old age and health expenses.
      5. Ability to find a job with an adequate wage to accomplish the above.
      Don't need 4 pages to answer that question.
      View article »
    • Sun Jul 27th 11:35 AM | Rating: 0 0
      Commented on:
      The Dodd Days of August
      This is one Senator that is 100% absolutely proven-DIRTY!

      The only thing he should be concerned with is how to make a living, working in the "Real World".

      He is incapable of even generating a good excuse!!
      Can you imaging the Chairman of the Senate Banking Committee--
      "Not knowing the range of home mortgage interest rates given by banks"????

      A CROOK IS A CROOK!!!

      Fooogetttabout it!!!
      View article »
    • Sun Jul 27th 11:26 AM | Rating: 0 0
      Commented on:
      What's the Right Price for Oil?
      Simple question----Simple answer---
      The absolute maximum the seller is able to extract for his product! within the limits ow the law-ie a gun!.

      Which is the most you are willing and able to pay, the same as everything else.

      The Marketplace is not known for it's Charitable Institutions! --wellll--maybe Hugo Chavez, but Socialist nut cakes like him do not supply the world.
      View article »
    • Sun Jul 27th 11:16 AM | Rating: 0 0
      Commented on:
      The Benefits of Shifting to CNG for Fuel
      Those "Lawyers" get their information on fuels from Lobbyists--the same ones who supply "todays" butter to their bread. Wanna weekend in Vegas? A break on your mortgage?

      How many "Energy advisers" are supplied by the Big oil Co's, and how many by either public commuters interests or natural gas interests??.

      Get the picture?? We're on our own, and will have to make our own
      cures/relief. Our advantage is a lot of votes and consumer dollars,
      use both judiciously.
      View article »
    • Sun Jul 27th 09:48 AM | Rating: 0 0
      Commented on:
      Commodity Prices: Are Speculators to Blame?
      Before the "Speculator" commits a single dollar he appraises all the forces that are already in play, stocks, weather, planting committed, expectations etc.. In other words the reason for price increases/decreases are already 85% in play.

      He doesn't take possession of the wheat General Mills does and if they and the other "users" for any reason want less the price will fall and the long "Speculator"... on sale day, will take a bath!

      Use corn stocks for ethanol and the price rises because you've added to demand. Livestock falls--as ranchers cut herds-(feed corn too expensive)- then later rise even more due to lack of supply. This all happens without the sale of a single contract.

      Speculation merely reflects "Human Expectations" and that is the influence they exert on the market.
      View article »
    • Sun Jul 27th 09:30 AM | Rating: 0 0
      Commented on:
      Are Cars Loans Our Next Problem?
      They're getting the double whammy:
      1. All this time and they still haven't learned you must build cars people want, not just cars with a big profit margin that you want.

      That said in todays market, if it's not hybrid you've got no chance. Even Toyota sales are down.
      2. When the debt ridden consumer goes under on one he goes down on all. Does anyone think he'll let his house go to buy a new car or clothes??
      View article »
    • Sat Jul 26th 15:27 PM | Rating: 0 0
      Commented on:
      Where Are Precious Metals Heading?
      Tip o the hat Bearfund, you've got it down.
      Your comments more succinct that the article, I've nothing to add--Cept. for you non-believers the alternative to gold used to be real estate--kind of took that one away didn't they?? Where you gonna park all your fiat dollars now?? farmland might be a good second choice.
      View article »
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