ETF STER's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/111790/comments http://seekingalpha.com/article/177055-dubai-crisis-points-to-a-lower-price-for-oil?source=feed#comment-796128 796128
If Venezuela can produce 24.84 Million barrels per day, the oil price will surely drop.

LOL]]> Tue, 08 Dec 2009 10:10:30 -0500
If Venezuela can produce 24.84 Million barrels per day, the oil price will surely drop.

LOL]]> http://seekingalpha.com/article/175516-the-fundamentals-of-oil-shocks?source=feed#comment-779489 779489
While I agree that speculation was and is not the "Primary" cause of the oil spike in 08, the stubbornly high oil price today and most of 09 shows more speculation than fundamentals.

Speculation by the big banks in America and around the world are artificially raising the price of oil. The TARP injections of monies into the major banks has thus far not increased the willingness of the banks to lend. However, banks are showing profits from their brokerage affiliates, and I believe that commodities, in particular oil, is the preferred vehicle for those profits.
If fundamentals were in play in this market, oil prices should be no higher than $50/bbl.]]> Fri, 27 Nov 2009 09:47:08 -0500
While I agree that speculation was and is not the "Primary" cause of the oil spike in 08, the stubbornly high oil price today and most of 09 shows more speculation than fundamentals.

Speculation by the big banks in America and around the world are artificially raising the price of oil. The TARP injections of monies into the major banks has thus far not increased the willingness of the banks to lend. However, banks are showing profits from their brokerage affiliates, and I believe that commodities, in particular oil, is the preferred vehicle for those profits.
If fundamentals were in play in this market, oil prices should be no higher than $50/bbl.]]> http://seekingalpha.com/article/172743-saudi-oil-pricing-paradigm-shift-wti-index-out-asci-index-in?source=feed#comment-755381 755381
25% of total crude consumption daily at 86.14/mlb/d is about 21mlb/d.

Our (U.S.) current consumption of oil is between 13-14 mbl/d. That equates to approx.14-16% of world oil consumption.

Even in 2008 average consumption of oil was about 14-15 mbl/d.]]> Wed, 11 Nov 2009 11:09:20 -0500
25% of total crude consumption daily at 86.14/mlb/d is about 21mlb/d.

Our (U.S.) current consumption of oil is between 13-14 mbl/d. That equates to approx.14-16% of world oil consumption.

Even in 2008 average consumption of oil was about 14-15 mbl/d.]]> http://seekingalpha.com/article/159016-heard-the-one-about-the-baker-institute-and-oil-speculators?source=feed#comment-653092 653092
Please inform your readers as to what you believe the reason for the oil price rollercoaster.

With oil inventories at 25 year highs and the world economy in recession, resulting in lower energy use; what would be the reason for the high (historically) price of crude oil?

It is pretty obvious that supply and demand is not affecting the price of oil.]]> Sun, 30 Aug 2009 09:03:38 -0400
Please inform your readers as to what you believe the reason for the oil price rollercoaster.

With oil inventories at 25 year highs and the world economy in recession, resulting in lower energy use; what would be the reason for the high (historically) price of crude oil?

It is pretty obvious that supply and demand is not affecting the price of oil.]]> http://seekingalpha.com/article/154901-peak-oil-for-dummies?source=feed#comment-621812 621812 Sun, 09 Aug 2009 10:32:19 -0400 http://seekingalpha.com/article/153164-is-the-global-economy-recovering-transport-stocks-say-no?source=feed#comment-612882 612882
All of the "good news" and "green shoots" are wishful thinking. This is not rocket science.

The economy will rebound when transportation companies start working and making quarterly profits on a sustained basis. We are in a bear market rally, and this will last as long as investors and speculators have this "pie-in- the-sky " attitude.

Buyer Beware......]]> Mon, 03 Aug 2009 11:28:33 -0400
All of the "good news" and "green shoots" are wishful thinking. This is not rocket science.

The economy will rebound when transportation companies start working and making quarterly profits on a sustained basis. We are in a bear market rally, and this will last as long as investors and speculators have this "pie-in- the-sky " attitude.

Buyer Beware......]]> http://seekingalpha.com/article/152033-not-all-inflation-is-created-equal?source=feed#comment-606470 606470
If the other two pirates have no access to the forest and only the woodsman does, doesn't he control the price of the wood?

This seems to be the current state of supply and demand in the energy market. There is more supply than is needed, but the price of energy is still rising. (ie oil prices)]]> Wed, 29 Jul 2009 09:56:32 -0400
If the other two pirates have no access to the forest and only the woodsman does, doesn't he control the price of the wood?

This seems to be the current state of supply and demand in the energy market. There is more supply than is needed, but the price of energy is still rising. (ie oil prices)]]> http://seekingalpha.com/article/151848-u-s-truck-tonnage-isn-t-driving-the-economy-out-of-this-recession?source=feed#comment-606430 606430
The transportation index is a precursor to an increase in economic activity, (ex) ocean freight will rise before domestic transportation will rise. It is a leading economic indicator of the direction of the general economy.

Until the transportation index rise is confirmed, there will be little growth in the overall economy.]]> Wed, 29 Jul 2009 09:34:13 -0400
The transportation index is a precursor to an increase in economic activity, (ex) ocean freight will rise before domestic transportation will rise. It is a leading economic indicator of the direction of the general economy.

Until the transportation index rise is confirmed, there will be little growth in the overall economy.]]> http://seekingalpha.com/article/149471-more-bullishness-for-oil-heading-into-2010?source=feed#comment-592995 592995
The current rise in crude is the result of speculation that the world economy will turn around next year.

I think you are overly optimistic in your prediction. ]]> Sat, 18 Jul 2009 11:48:43 -0400
The current rise in crude is the result of speculation that the world economy will turn around next year.

I think you are overly optimistic in your prediction. ]]> http://seekingalpha.com/article/147829-commodities-cap-and-trade-and-natural-gas?source=feed#comment-580590 580590
Just because politicians say the debate is over about human caused global warming, does not mean that there is man made global warming

Many reputable scientists in the debate have been silenced, and if they dispute the existence of global warming they are labeled "heretics" and would lose there government funding and with it their careers.

We have made great progress in cleaning up the environment since the 1970's, and will continue to make progress as technology and the economy allows.

If we continue down this road of Chicken Little and "The Sky is Falling" mentality, the world economy as we know it will be a distant memory.. ]]> Thu, 09 Jul 2009 10:59:42 -0400
Just because politicians say the debate is over about human caused global warming, does not mean that there is man made global warming

Many reputable scientists in the debate have been silenced, and if they dispute the existence of global warming they are labeled "heretics" and would lose there government funding and with it their careers.

We have made great progress in cleaning up the environment since the 1970's, and will continue to make progress as technology and the economy allows.

If we continue down this road of Chicken Little and "The Sky is Falling" mentality, the world economy as we know it will be a distant memory.. ]]> http://seekingalpha.com/article/140571-petrobras-anticipates-rapid-growth-from-offshore-brazil-discoveries?source=feed#comment-530364 530364
Where will that leave the shareholders of this equity??

Be sure to own it on the way up during the momentum push, but don't be around when the Government wants their share.]]> Wed, 03 Jun 2009 13:53:50 -0400
Where will that leave the shareholders of this equity??

Be sure to own it on the way up during the momentum push, but don't be around when the Government wants their share.]]> http://seekingalpha.com/article/140844-why-are-oil-and-gasoline-prices-on-the-rise?source=feed#comment-527995 527995
It would not be a stretch to see inventory building again in the coming weeks.]]> Tue, 02 Jun 2009 10:32:34 -0400
It would not be a stretch to see inventory building again in the coming weeks.]]> http://seekingalpha.com/article/138671-lester-brown-on-the-coming-food-crisis-again?source=feed#comment-511170 511170
Our agricultural technology and science is the best in the world.

When Brown & Bailey say "The Sky is Falling" so many times, why listen at all?
]]> Wed, 20 May 2009 10:06:50 -0400
Our agricultural technology and science is the best in the world.

When Brown & Bailey say "The Sky is Falling" so many times, why listen at all?
]]> http://seekingalpha.com/article/136739-a-must-see-movie-zeitgeist-addendum-explains-the-fiat-money-system?source=feed#comment-498981 498981
It sounds very similar to Communism.

If your Venus Project society were to succeed, it also must control the population. While man will continue to strive to achieve utopia, Communism & Socialism have proven to be abject failures. Capitalism, however flawed, is still the most successful system yet devised by man to raise the standard of living for the people in the capitalist society.

It is also very curious that the solutions presented in the 2 hour "movie" also requires "MONEY"

The greatest threat against our system is the suspension of critical thinking by our society and the education system, that allows people to believe there can be a utopia. Maybe someday,......but not in the near future.

Good Luck with that.]]> Mon, 11 May 2009 11:17:10 -0400
It sounds very similar to Communism.

If your Venus Project society were to succeed, it also must control the population. While man will continue to strive to achieve utopia, Communism & Socialism have proven to be abject failures. Capitalism, however flawed, is still the most successful system yet devised by man to raise the standard of living for the people in the capitalist society.

It is also very curious that the solutions presented in the 2 hour "movie" also requires "MONEY"

The greatest threat against our system is the suspension of critical thinking by our society and the education system, that allows people to believe there can be a utopia. Maybe someday,......but not in the near future.

Good Luck with that.]]> http://seekingalpha.com/article/131553-oil-production-in-the-americas?source=feed#comment-468618 468618 Sun, 19 Apr 2009 13:09:11 -0400 http://seekingalpha.com/article/131573-crude-prices-should-hang-around-50-while-gasoline-prices-likely-to-rise?source=feed#comment-468595 468595 Sun, 19 Apr 2009 12:57:03 -0400 http://seekingalpha.com/article/130398-preparing-for-the-dollar-s-next-down-cycle?source=feed#comment-458905 458905
As far as common stocks go.... I would be satisfied to lose a couple of percentage points of upside to confirm the next "Bull Market". The market can lose it's steam quickly during times like these. Confirmation is the key, all else is speculation.

This so called bull seems to only be a bear market rally. There may be a number of these bear market rallies before we see the fundamentals improve.

As far as I can tell, the author is also dependent on investors to make their living, so you also have a bias favorable to a premature market recovery.

fundamentals, fundamentals, fundamentals]]> Fri, 10 Apr 2009 11:14:24 -0400
As far as common stocks go.... I would be satisfied to lose a couple of percentage points of upside to confirm the next "Bull Market". The market can lose it's steam quickly during times like these. Confirmation is the key, all else is speculation.

This so called bull seems to only be a bear market rally. There may be a number of these bear market rallies before we see the fundamentals improve.

As far as I can tell, the author is also dependent on investors to make their living, so you also have a bias favorable to a premature market recovery.

fundamentals, fundamentals, fundamentals]]> http://seekingalpha.com/article/128328-oil-price-moves-february-11-march-27?source=feed#comment-444160 444160
Oil Demand has stayed constant at 14.16 mb/d in the same time period.

As long as supply increases and demand stays constant, there should be a decrease in the price of crude going forward. Also, as long as contango rules the market, the price of oil will trend lower.]]> Sun, 29 Mar 2009 13:16:07 -0400
Oil Demand has stayed constant at 14.16 mb/d in the same time period.

As long as supply increases and demand stays constant, there should be a decrease in the price of crude going forward. Also, as long as contango rules the market, the price of oil will trend lower.]]> http://seekingalpha.com/article/124288-crude-oil-takes-a-backseat-to-gasoline?source=feed#comment-414226 414226
It seems to me that there was not any increase in inputs according to Wednesdays EIA inventory report.]]> Thu, 05 Mar 2009 10:50:37 -0500
It seems to me that there was not any increase in inputs according to Wednesdays EIA inventory report.]]> http://seekingalpha.com/article/123339-trend-reversal-in-oil?source=feed#comment-407779 407779
Oil is oversupplied right now, and yes, there will be a time in the future (who knows how far in the future) when oil will be in shorter supply, however, inventory is still building and demand is flat or falling.

I believe there will be a breakout lower from the wedge formation................
but hey, that's just my opinion.

RJ

]]> Sun, 01 Mar 2009 10:16:33 -0500
Oil is oversupplied right now, and yes, there will be a time in the future (who knows how far in the future) when oil will be in shorter supply, however, inventory is still building and demand is flat or falling.

I believe there will be a breakout lower from the wedge formation................
but hey, that's just my opinion.

RJ

]]> http://seekingalpha.com/article/104688-portfolio-preservation-in-a-down-market?source=feed#comment-300167 300167
Once the bubble pops, all of the experts have the advantage of hindsight to spout the obvious and tell us what to do after the market tanks.

A good idea about how to keep liquid during deflation would be a big help NOW, before the deflationary cycle begins.

Do you have any "insight" on that?]]> Fri, 07 Nov 2008 11:19:54 -0500
Once the bubble pops, all of the experts have the advantage of hindsight to spout the obvious and tell us what to do after the market tanks.

A good idea about how to keep liquid during deflation would be a big help NOW, before the deflationary cycle begins.

Do you have any "insight" on that?]]> http://seekingalpha.com/article/98602-how-do-commodities-etfs-compare-to-etns?source=feed#comment-274790 274790
I think that Seeking Alpha should send you a bill.]]> Mon, 06 Oct 2008 12:18:08 -0400
I think that Seeking Alpha should send you a bill.]]> http://seekingalpha.com/article/98278-the-professor-of-commodities-interview-with-james-doran-part-ii?source=feed#comment-272639 272639 Fri, 03 Oct 2008 11:03:40 -0400 http://seekingalpha.com/article/97482-republicans-stop-holding-the-bailout-hostage-to-political-agendas?source=feed#comment-265952 265952
Before you point your finger at the Republicans, maybe you should read the guts of the bill that the Democrats are filling with their pork.

Any bill that is finally finished will have so much pork in it that the essence of the bill will be substantially useless.

A pox on both parties for their incompetence in operating the federal government responsibly.
]]> Fri, 26 Sep 2008 11:14:52 -0400
Before you point your finger at the Republicans, maybe you should read the guts of the bill that the Democrats are filling with their pork.

Any bill that is finally finished will have so much pork in it that the essence of the bill will be substantially useless.

A pox on both parties for their incompetence in operating the federal government responsibly.
]]> http://seekingalpha.com/article/96614-is-there-a-best-way-to-cope-with-a-wild-market?source=feed#comment-262304 262304 Tue, 23 Sep 2008 08:41:35 -0400 http://seekingalpha.com/article/25766-nova-biosource-fuels-perking-up?source=feed#comment-260526 260526
"Great Call Jason"]]> Sun, 21 Sep 2008 08:45:36 -0400
"Great Call Jason"]]> http://seekingalpha.com/article/89191-baltic-dry-index-down-17-days-in-a-row?source=feed#comment-223852 223852
Do the words "Baltic DRY Index" mean anything to you?

Tankers are not dry freight!!!]]> Wed, 06 Aug 2008 08:50:36 -0400
Do the words "Baltic DRY Index" mean anything to you?

Tankers are not dry freight!!!]]> http://seekingalpha.com/article/88673-is-it-time-to-get-back-into-financial-etfs?source=feed#comment-220918 220918
I would not recommend investing anytime soon in financial ETF's, stocks, or mutual funds until the dilution and losses that are still washing through the system are over.

IMHO, the losses are not over yet, beware of false rallies.]]> Sat, 02 Aug 2008 09:37:58 -0400
I would not recommend investing anytime soon in financial ETF's, stocks, or mutual funds until the dilution and losses that are still washing through the system are over.

IMHO, the losses are not over yet, beware of false rallies.]]> http://seekingalpha.com/article/86550-when-truckers-can-t-afford-trucks-what-do-they-buy?source=feed#comment-213425 213425
A trucker is not a pick-up truck owner, it is an over the road tractor/trailer rig.

A pick-up owner is a light truck owner.]]> Thu, 24 Jul 2008 12:03:11 -0400
A trucker is not a pick-up truck owner, it is an over the road tractor/trailer rig.

A pick-up owner is a light truck owner.]]> http://seekingalpha.com/article/86203-gore-s-renewable-energy-challenge-and-how-it-would-shift-investing?source=feed#comment-212298 212298
The whole "Cap & Trade" system will be the domain of the U.N. and we know (or should know) that the U.N. is answerable to none. If the U.N. becomes the driving force of global warming, we will all be in trouble.

"Buy Guns, Store Food"]]> Wed, 23 Jul 2008 09:51:19 -0400
The whole "Cap & Trade" system will be the domain of the U.N. and we know (or should know) that the U.N. is answerable to none. If the U.N. becomes the driving force of global warming, we will all be in trouble.

"Buy Guns, Store Food"]]>