Nelson_Lai1975

Investing in Natural Gas: It's Time

I agree with your analogy of what what goes down must eventually comes back up.

UNG is a good pick, but I would like to find out more about FSYS. How much does it cost to convert a small car to run on CNG ?

Is the current administration subsidizing CNG station? I found that the closest CNG station is 10 miles away from my home. That will surely discourage me from converting my car at this moment in time.

Stocks get a lift as Bernanke testifies, telling the Senate all major U.S. banks currently satisfy their capital requirements. DJIA +1.2% to 7202. S&P +1.45% to 754. Nasdaq +16% to 1410. Crude +0.3% to $38.56. Gold -2% at $975. 30-year Tsys +0.64%.

Sir:

Nasdaq +16% is very different from +1.6%

Crude Reality: How Long Can Oil Stay Down?

I looked and confirmed that the Thunder House rig is a massive off shore rig. I also found out that BP had spent 5B to build it.

Obviously, majority of the invested cost are sunk cost, i.e. money spend on building that rig, but I estimate it does cost a lot more, (i.e. like at least $40) for BP to drill, pump those crude, and hire a super tanker to haul those crude back to shore. If price drops future, BP will be better off shut down the operation and focus on the low cost drilling.

That is what I can think of logically. I would say $30 should be the philosophical floor for crude. It may go down below that, (when Hedge Fund, pension funds started to short them, just like when there push them to $147), but if you are a long term investor, I think it is a good entry point now.

Profiting From Bernanke's Super-Fed and Obama's Newer Deal

I agreed that Fed Carry Trade (as mentioned in your article) is what keeping demand for Treasuries artificially high.

However, I don't believe that the tide will shift as we speaks. The Fed has not acquired enough debt as of yet. The Fed will want to be gold price low (via Gold Carry Trade) so there can continue selling 30 years Treasuries at around 2%.

Think about it, if you are the Fed, will be satisfied with selling only 2 trillions of treasuries ? No, 2 T is like a big drop of water in the bucket, but that is not Fed ultimate goal.

With all the anticipated spending that are needed in the short future, Fed will want to continue the Fed Carry Trade as long as possible.

The tipping point will be outside force from the Fed That outside force will be inflation.

It may take at least until after June before signs of inflation show up.

Let wait and see.....

Gaza War: Expect a Spike in Oil, Gold

Hi:

What is the Q-Formula, I did a Google search and did not find anything relevant to security asset pricing.

Citi's Underwhelming Bailout

Since our govt has already wet in toes with 300B, it might as well commit another 3 Trillions, 10 Trillions or whatever amount.

US Govertment is just making the statement to the shorts that C will be saved, C cannot failed.

Have you realized that how C was bailout but a completely different paradigm. Share holders (including Al-Waleed bin Talal 5% C holding) are saved.

Can you imagine the Helicopter Ben & FDIC Sheila Bair' future if C failed despite 300B injection. There will never let C failed, never.

So you are better off cover your shorts and buy FAS now. Also, buy either GLD or GDX. Yes, we cannot keep printing these Trillions, but there will be a snapping point.

The Shallowest Generation

About Ron Paul

Military service and medical career

Paul considered becoming a Lutheran minister like two of his brothers.[14] Instead he decided to pursue a medical degree at Duke University School of Medicine in Durham, North Carolina, attaining it in 1961. He interned and began residency training, both in internal medicine, at Henry Ford Hospital in Detroit (1961–1962);[28]

The medical training was soon interrupted when he received a draft notice and was commissioned a Captain in the U.S. Air Force during the Cuban Missile Crisis.[29] He was based out of Kelly Air Force Base in San Antonio, and remained in the military during the early years of the Vietnam War.[30]While on duty as a flight surgeon from 1963 to 1965, he attending to the ear, nose, and throat problems of pilots in South Korea, Iran, Ethiopia, and Turkey, but was never sent to Vietnam. [2][31] While there he obtained his private pilot's license.[19] The experience of performing physicals on helicopter pilot candidates, at a time when he saw many copters being shot down, deeply affected Paul; he later considered his indirect association with Vietnam as a catalyst for his rejection of interventionist foreign policy.[32]

While in San Antonio, he also moonlighted three nights a week in a local church hospital's emergency room for $3 per hour, and became involved with Barry Goldwater's presidential campaign.[17] He then served in the Air National Guard while completing his residency (1965–1968), having switched to ob/gyn at the University of Pittsburgh.[33] His residency research into causes of pregnancy toxemia was subsequently published in the journal Obstetrics and Gynecology.

He moved to Surfside Beach, Texas, on July 31, 1968, and eventually delivered more than 4,000 babies.[34] Assuming the practice of a retiring doctor in Lake Jackson, Texas, Paul became the only ob/gyn doctor in Brazoria County,[19] reportedly delivering 40–50 babies a month and frequently busy with surgery.[25] His practice refused Medicare and Medicaid payments; he worked pro bono, arranged discounted or custom-payment plans for needy patients,[24] or otherwise "just took care of them"

source :
en.wikipedia.org/wiki/...

On Oct 31 07:54 AM copperbaron wrote:

> iAccountant siad - "In my opinion it will take a total collapse of
> the system to bring the type of change that you are referring to.
> Is this the beginning?"
>
> I believe it may be. We are seeing the joints coming apart, the beams
> sagging and about to crack under the weight of massive debt and enormous
> corruption. Paulson is just trying to steal a few billion more for
> his beloved financial organized crime rings, before he retires to
> a life of wealth and luxury, under very heavy security.
>
> Many hail Ron Paul as some sort of visionary, but I would argue differently.
> He espouses "Free markets" but made all of his money as a doctor.
> As anyone who bothers to examine the facts knows, doctors bill enormous
> fees to patients (and Medicare/Medicaid) in a system that in no way
> resembles a "free market."
>
> Rather, it is a rigged market that controls the number of available
> doctors, and legislates their financial advantage, to an extraordinary
> degree. The A.M.A. is the most powerful and mercenary union in this
> nation's history, and is sucking the country dry.
>
> I would never vote for Ron Paul on purely moral grounds - he was
> part of the problem, in my opinion. If you are a wealthy doctor (one
> of the limited number allowed to be 'licensed' that is) then it is
> easy to throw stones and criticize others for debt. These jokers
> live in a fantasy world, just like the IB types shuffling paper around
> and committing fraud for million-dollar bonuses. Their sense of true
> economics is deeply distorted by their own self-manipulated and outsized
> pay package.

Portfolio Recovery Associates: Apropo of Bailouts

I have sold as I realized one thing.

When economy get as bad as now, people just stop paying.

So what if you get a few notification letter from the collection agency, there can't send you to jail. When people are having problem paying even their mortgage payments, who cares about collection letter.

Activity in CDS Market Works in the Fed's Best Interest

Credit Default Swaps, the 62 Trillions Dollars Question. How can anyone (other than Mr. Market ) fix this mess.

Now, the US FED wants to fix it for Mr. Market, how can we profit from it ?

Why Buffett Called Credit Swaps "WMDs" [Housing Tracker]

I am surprised that they are so little article related to CDS.

In this 62 Trillions unregulated market, where one bank/ hedge failure will let to many other bank scrambling to look up who their counter parties are, potentially trillions of CDS become worthless, why now one (including our goverment) are discussing this problem.

WSJ reported that there are 181 hedge funds, FRE, Bears Stearn and Lehman all went burst ...

Where is the RTC for CDS ...

Is the Price of Gold Artificially Depressed?

My respond to berberick

Please let me know where you live, I will bring truck load of bread and exchange them for gold coin.

Get I get a 1/10 oz pure gold coin for a loaf of Pepperidge farm bread ?

How many loaf of bread do you want to exchange them for. If needed be, I can hire extra driver to deliver more truck load of bread to your house.

Please remember to tell me where you live, I will drive a truck full of breads to your house. (I hope you like the free home delivery)

----------------------...
Aug 07 07:43 PM
Stop acting like gold is a currency ! Try to go to the grocery store with a gold coin and buy a loaf of bread ! Gold is supply and demand , it's worth what someone will pay for it period . It's not a currency - the inflation hedge theory is just that . If the inflation hedge theory was true gold would be at thousands of dollars . You try to tell me what inflation has been over the last 200 years . I've traded gold a few times , I've traded silver a few times - but it's just that a trade .

The Brightest Stars in the Commodities Boom, Part Two

Mark Anthony Bought my attention to the link between Gold Fusion and Palladium

I indeed found this very interesting updates on Cold Fusion

www.rexresearch.com/ar...

Review it and do D&D for yourself. If the Cold Fusion thing really worked, oil should be back to $50 and Palladium will easily be at $1200

Betting on $1000 Gold in September

Very good post, I see all these off topic comments.

The point here is, there is a huge bet of gold going over $1000 in Sep.

The question is, how can we profits from it.

Tim, are you buying those same call options as well.

When there is a buyer, there is a seller. My concerns is, wouldn't the seller be concerned, (that there will lost around $150 millions when gold is over 1000 for spot delivery).

Don't you think the seller will do all that he can, i.e. to prevent gold from going over $1000.

The most likely scenario that a super spike in gold is some thing extra ordinary like Israel strike Iran, but since Israel F-15 needs to first fly over Iraq before it can reach Iran, most people think that cannot happen (unless the US permits) it.

Do you have any reason, theory to believe that a super gold spike can occurs (w/o those extra ordinary events)

Given that oil has corrected some much, gold tried to rally over 1000 and failed (it actually failed 3 times during last 3 weeks), many speculation are some big central banks players are behind it (prevent gold are going higher)

Care to share anything ?

The Silly "Taxpayer Funded" Bailout Talk

USA Debt to GDP %, does not look bright either

zfacts.com/p/318.html

The Brightest Stars in the Commodities Boom, Part Two

Mark:

Does the HYBRID car auto catalyst converters require Palladium, Rhodium & Platinum ?