Jimbo

Total Rating:
+9 / -5

123 Comments

    • Thu Aug 21st 17:14 PM | Rating: 0 0
      Commented on:
      Gold Price Conspiracy?
      I tip my hat to our northern neighbor FoxV. He is a prudent and realistic person. May his tribe increase!
      View article »
    • Thu Aug 21st 17:10 PM | Rating: 0 0
      Commented on:
      Gold Price Conspiracy?
      After reading James Conrad's post on gold a few days go, I would be afraid to buy a "certificate"... indicating I owned any precious metal. That story about Morgan Stanley allegedly creating a "silver depository" and charging "storage fees" on silver that, allegedly, never existed makes me unwilling to trust ANY Wall Street name. I have junk silver in a safe deposit box and I am planning to sequester more.
      View article »
    • Tue Aug 19th 12:26 PM | Rating: 0 0
      Commented on:
      Magazine Covers as Contrarian Indicators
      I concur with almost all your" what's hot and what's not" assertions but I would suggest another possible conclusion: STAGFLATION.
      View article »
    • Sun Aug 17th 18:55 PM | Rating: 0 0
      Commented on:
      Will Drilling Offshore Affect World Oil Prices?
      Bill Clinton vetoed the Republican Congress' resolution to drill in the ANWAR in 1996, saying it would take ten years to get any oil or gas. It is now TWELVE years later and Senator Nelson of my home state of Florida is still singing that same song. I understand Nancy Pelosi is waiting for the coronation of Barack Obama to announce that the Democrats have found a secret process to make motor fuel from liquid moonlight and pixie dust. After all, she claimed to have a "common sense plan" to lower gasoline prices back in 2006 when she took over. See what the "common sense" folks have done to us. We get the government we deserve!!
      View article »
    • Sun Aug 17th 18:21 PM | Rating: 0 0
      Commented on:
      Gold's Divergence Between the Paper and Physical Markets
      I was told by a coin dealer this past Thursday that the U.S. Mint had stopped selling newly made gold coins to individuals. The Mint may still be selling to a limited number of coin dealers.This suggests that there may be a shortage of physical gold.There seems to be many confusing crosscurrents:: Milk and other foodstuffs going up, utilities going up, while certain assets, such as real estate, going down.
      View article »
    • Sat Aug 16th 13:03 PM | Rating: 0 0
      Commented on:
      Forget $100 a Barrel - Oil Will Plummet to $30
      Methinks Mr. Schwarz has been drinking the fermented Koolaid. If the market price for a barrel of oil falls to $30, you can forget about any crude from Tar Sands, not just Canada, but elsewhere.Heavy oil is equally costly to produce. If oil drops much below $100, OPEC will cut back conventional production. The alternative sources of energy he cites seem to me to be at least two decades away, regardless of St. Obama and Mother Pelosi. Electricity created by wind in North Dakota must suffer transmission loss before folks in Chicago can use it.( I am an indirect investor in wind power and other sources, by the way). Having ridden in natural gas powered vehicles in the Netherlands, NG certainly seems to be an alternative. But there are real costs attached to all these alternatives. Curiously, the author did not mention coal to liquids, a well established, on-the-shelf technology.
      View article »
    • Thu Aug 14th 17:24 PM | Rating: 0 0
      Commented on:
      CANROYs Remain Attractive as Oil-Related Investments
      Like many posters on this thread, I have been investing in energy since about 1980. Jack, I very much appreciate your thoughts and viewpoints. We need dependable liquid, or possible gaseous, fuels for transportation for the foreseeable future. In spite of all the clamor, "alternative"... fuels seem to be over the horizon baring a stunning breakthrough. Conclusion: oil is going to be indispensable for our lifetimes.
      View article »
    • Wed Aug 13th 19:00 PM | Rating: 0 0
      Commented on:
      Will American Changes in Energy Consumption Stick?
      I don't share Bea Baggage's enthusiasm for a Democratic Congress. We already have one and, when Nancy Pelosi took over, she offered a "common sense plan" to lower gasoline prices. Well, where is it? I agree we desperately need a comprehensive national energy plan but that bunch of clueless turkeys in Congress will only end up crippling domestic oil and gas producers and then wonder why foreign oil companies have us by the short hairs.
      View article »
    • Tue Aug 12th 16:42 PM | Rating: 0 0
      Commented on:
      Study: U.S. Has 118 Year Supply of Natural Gas
      I was born in 1929. I read several years ago that it was possible to get on a street car in Portland, Maine, in 1930, and ride to the end of the line. Then you could get on the next municipal street car service and, by riding to the end of successive lines, you could go all the way to Milwaukee, Wisconsin, just riding streetcars. This may have not been such a pleasant trip in February, but it may demonstrate the robustness of public transportation before the end of WW2 when public transportation was dismantled in favor of cars. I also recall riding in rubber tired buses in 1938 in Shreveport, Louisiana. These buses had a boom overhead that pulled electricity from an overhead line, just like a street car. I think they were called "trackless trolleys". I believe that dependable, low cost, public transportation is a requirement for us to cope with the fuel crisis, and it really is a crisis.
      View article »
    • Tue Aug 12th 12:06 PM | Rating: 0 0
      Commented on:
      Who Is Really Printing Money?
      I have to support Russ Osborn. I see the economy poised on a knife edge. Tip one way and you are in deflation. Tip another way and you have inflation. The enormous overhang of unfunded debt, mentioned by Russ, seems to me to mitigate for eventual inflation. I don't see "Mr. Market" as having a personality, but comments about the market trying to shake off weak hands seems very credible. I am quietly sticking with a modest accumulation of precious metals in funds and mining companies. Patience will be eventually rewarded.
      View article »
    • Mon Aug 11th 12:07 PM | Rating: 0 0
      Commented on:
      Grid-based Energy Storage: Birth of a Giant
      excellent analysis.
      View article »
    • Mon Aug 11th 11:54 AM | Rating: 0 0
      Commented on:
      Contrarian Trading Tips: Gold, the Dollar, Energy and Financials
      "Peak Oil" from conventional oil sources? Yes. But unconventional oil from sources such as Tar Sands(not just in Canada) and "heavy" oil deposits, also well dispersed,will mean that we have seen the last of cheap oil. I see no close -in technological breakthrough in bio-fuels. Until the latter happens, we are going to have to pay the dear price for petroleum to run a modern economy.
      View article »
    • Mon Aug 11th 11:43 AM | Rating: 0 0
      Commented on:
      Is the Dollar's Value the Most Important Contributor to the Price of Oil?
      An outstanding piece of analytic reasoning.
      View article »
    • Sun Aug 10th 15:17 PM | Rating: 0 0
      Commented on:
      Crude Oil, Gold Prices Plummet: Time to Get Cautious About Dollar Bears
      I don't know if "the end is nigh", but I support gigem77's views. In 12 months, we shall know who is correct, wont we?
      View article »
    • Sun Aug 10th 15:09 PM | Rating: 0 0
      Commented on:
      The Risks of Falling Gas Prices: Bad Decisions, All Over Again
      I am heavily invested in all forms of energy. Demand destruction in the U.S. and Western Europe only makes more of a scarce commodity available to developing areas. Oil is going to be evermore difficult and costly to produce.I figure viable alternatives to petrol fuels are several years away and the high cost of petrol will drive that innovation.
      View article »
Loading...
Symbols:
Authors:
Quick Links:
Contribute an Article Become a Seeking Alpha Contributor

Transcripts

More Transcripts»