sbenard

http://globalcapital.blogspot.com
Total Rating:
+4 / -3

207 Comments

    • Fri Aug 1st 11:10 AM | Rating: 0 0
      Commented on:
      Crude Reality: Big Oil's Purposely Restricting Supply
      Have you guys looked at this guy's website? He's nothing but a liberal lunatic shill! I says something about the guy's character -- lack thereof -- that he would pull such a sick trick!

      How could they have even let him post an article here? This is supposed to be a business website, not a place for a political shill to rant!

      This severely damages the credibility of Seeking Alpha. All the other writers and posters who write good material should be complaining today about this garbage, because when SA publishes this tripe, it damages the reputation they have tried to establish for themselves and their businesses.

      They really need to remove this article entirely! Seeking Alpha, you've been HAD!
      View article »
    • Fri Aug 1st 11:01 AM | Rating: 0 0
      Commented on:
      Crude Reality: Big Oil's Purposely Restricting Supply
      This absolutely the most asinine article I've ever seen written on this site.

      I agree completely with the overwhelming consensus of readers here. This piece is nothing but a piece of "crap", to use the AUTHOR'S word! Takes some to know some, Tony! This is nothing more than an over-the-top personal tirade put to paper. It is worse than worthless, because it occupies space on the servers. Please, Seeking Alpha, raise your standards just a little bit! This guy doesn't even have a bio, much less a credible one!

      Pathetic! Utterly and absolutely pathetic! And that's being NICE!
      View article »
    • Thu Jul 31st 17:01 PM | Rating: 0 0
      Commented on:
      'Limits? What Limits?' - Hypothetical Fedspeak
      Good thoughts, all! Thanks for sharing some wise ideas!
      View article »
    • Thu Jul 31st 16:47 PM | Rating: 0 0
      Commented on:
      Fed Extends Lending Facilities to Boost Liquidity
      That last question, "does it?" is an interesting one. If the Fed doesn't have to worry about running out of money, they doesn't the question then becomes this one:

      Do we have to worry about the government running out of CREDIT?

      That is the question that shoots dread through my heart.
      View article »
    • Tue Jul 29th 08:52 AM | Rating: 0 0
      Commented on:
      Bulls Grazing in the Corn Field
      I always get a kick out of these people -- like Congressmen -- who just KNOW that XX% of the price of a commodity price is due to one factor or another. No one really knows! They're all fools!

      What we DO know is that much of the price appreciation is due to political policies like overspending that devalues the Dollar, ethanol mandates that fxtrader has eloquently elucidated, banning domestic energy production, and the Global Warming Inquisition, the new religion of the lunatic left.

      The reality is that while we know all these things are factors that are affecting prices in inflationary ways, we don't know how much. NO ONE can really quantify it accurately, because all these variables are constantly shifting each day -- even each hour -- and their interplay with each other is incredibly complex. All we can do is respond to what the markets are telling us, and that means that we need to remain fleet of foot.
      View article »
    • Mon Jul 28th 00:57 AM | Rating: 0 0
      Commented on:
      Commodity Prices: Are Speculators to Blame?
      By reading the comments here, it appears only Congress doesn't "get it". Investors do!

      By interfering more and more into the financial markets, Congress, the Fed, and Treas Sec Paulson will ultimately only create more havoc.

      I see fuel shortages ahead as commodities seek places where market prices welcome them -- away from US shores. I see investment funds fleeing U.S. markets, collapsing the Dollar in a new round of inflation and capital flight. I see even more attempts to control prices and markets in round after round of attempts by politicians to deflect the blame from where it belongs: on THEM!

      The politicians created this entire inflationary boondoggle with endless spending that devalues the currency, a misguided policy of ethanol mandates that creates food inflation, and a policy of banning all domestic energy production of the kind that is proven. As long as Congress gets away with pointing the finger of blame at speculators instead at themselves, where it belongs, matters will only get worse with the passage of time.

      It's only going to get worse, my friends!
      View article »
    • Sun Jul 27th 00:15 AM | Rating: 0 0
      Commented on:
      The Dead Cat Returns to Earth
      I saw the figure yesterday for the total dollar figure of bail-outs, loan guarantees, auction facilities, fed discount windows etc. since the Aug 07 crisis began. This is the total figure the taxpayers on on the hook for in one year:

      $1.43 TRILLION

      So far...
      View article »
    • Sun Jul 27th 00:10 AM | Rating: 0 0
      Commented on:
      The Dead Cat Returns to Earth
      Bubblevision -- I love that term!
      View article »
    • Sat Jul 26th 23:00 PM | Rating: 0 0
      Commented on:
      Impact of Candidates' Tax Plans on Deficit Worsens
      Yesterday, CNBC gave a running total of the entire tab for government interventions and bail-outs since Aug last year. The tab?

      $1.43 TRILLION!
      View article »
    • Sat Jul 26th 22:58 PM | Rating: 0 0
      Commented on:
      Ten Bear Market Phases, Current Edition
      Did anyone see the total government interventions they gave yesterday on CNBC for the amount THUS FAR since the credit crisis began last August? It includes all the bail-outs, term auction facilities, discount windows, loan guarantees, etc., etc.,

      The total for one year:

      $1.43 TRILLION (yes, with a "t")
      View article »
    • Sat Jul 26th 22:47 PM | Rating: 0 0
      Commented on:
      Don't Confuse Correlation with Causality
      I recently wrote about the correlation of various global stock indexes on my blog. The whole idea of different stock indexes being non-correlated is largely a myth. Check out the charts on this posting. Two of the charts are Emerging Markets and the EAFE.

      globalcapital.blogspot...
      View article »
    • Wed Jul 23rd 22:06 PM | Rating: 0 0
      Commented on:
      Light and Sweet: Oil ETFs Ranked
      One last thing:

      There are other futures exchanges growing around the world that traders will start to use, if the U.S. Congress becomes too burdensome. Here is an article about a few:

      globalcapital.blogspot...
      View article »
    • Wed Jul 23rd 22:02 PM | Rating: 0 0
      Commented on:
      Light and Sweet: Oil ETFs Ranked
      Lee, I have written about the consequences of Congressional meddling in the financial markets on my own blog. Some consequences include:

      1) Capital flight. This will further collapse the Dollar and hasten the movement away from the USD as the world's primary reserve currency. It will also cause greater inflation
      2) Commodities will go to countries that are willing to pay for them. This will cause shortages in the U.S. as politicians resort to more and more strong-arm tactics to reign in inflation.
      3) The super rich, instead of buying the futures, will simply use their wealth to buy the assets that produce the commodities instead. Instead of buying oil or grain futures, they'll buy the land on which they are grown or from which they are extracted, instead. Same with metals; they'll buy the mines. In rapidly higher inflation, its easy to buy the oil well and just sit on it, waiting for prices to rise.

      Study Hugo Chavez' methods in Venezuela. The U.S. Congress isn't that far behind Chavez in their methods -- or in the results they'll obtain. Hyperinflation, plunging production, shortages!
      View article »
    • Wed Jul 23rd 21:55 PM | Rating: 0 0
      Commented on:
      Light and Sweet: Oil ETFs Ranked
      You forgot some of the best oil ETFs in the stable. Deutsche Bank has some new ones to short the crude oil market also. These have grown by leaps and bounds. Check out DXO, DTO, SZO, and OLO. There are others, also.
      View article »
    • Tue Jul 22nd 13:50 PM | Rating: 0 0
      Commented on:
      Apple: Margin Worries a Core Issue for Analysts
      Good summary article. Thanks!

      I remember in previous recessions that people start delaying technology purchases. I'm not sure why so many thought that "this time it is different". There is no true equity safe haven.
      View article »
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