A 10% Correction in Gold is a Good Thing [View article]
You've got a very clear picture of what is really happening here with this commodity. I agree 100%. Now the question is when will it resume it's climb above $1000?
Will the Commodities Bubble Stay Deflated? [View article]
With the fed printing money as fast as they can we're headed for some whopping inflation....and sooner rather than later.
And you know what has real value? Not paper money but commodities. Stuff with real value. People have to eat and put gas in their cars. Use your heads and think.
With oil, gold and other commodities priced in US dollars, and the value of the dollar declining due to the fed running the printing presses on overdrive, the price of real commodities (priced in US $$) has nowhere to go but up as the value of the dollar drops.
This is no real bubble and commodities will return their upward trend very soon.
Why Is Diesel More Expensive Than Regular Gas? [View article]
As a retired ChEngr who worked for Texaco let me say this: The cost for refiners is less for diesel because it is one of the first cuts off the first distillation tower. Then if needed desulfur it and throw in minor amounts of additives and it's ready to sell. That's it, very simple and cheap.
For gasoline it's a whole different story. Refiners take cuts of the first distillation tower and then (to keep it very simple) use even more towers/reactors/treate... (hydrotreaters/FCCU fluid catylitic crackers/etc.) to make what we call gasoline. And then they throw in lots of additives, and finally it's ready to sell.
Now tell me again why we get to pay more for diesel when it's a lot cheaper to produce from the same barrel of crude?
And tell me why in many foreign countries diesel is cheaper at their pumps than gasoline which reflects the true cost of production?
Answer: In the USA they simply charge more for diesel because they can and get away with it.
Fed Rate Cuts Backfire, Lift Gold and Oil into Orbit [View article]
Tony C, your comments on geothermal are spot on. However, your comment about solar is wrong: "and talking about solar that can't generate more than 5% either (and much of which cannot be built because the world supply of the exotic metals needed doesn't exist)" is not correct. Sand is the basis for mono and poly silicon. Sand is plentiful. And China is aiming at solar to provide 20% of it's electric needs by 2020. Why can't the US do the same?
Junior Gold Companies Should Experience a Turnaround Soon [View article]
Among his favorites are a couple of juniors in Columbia and Venezuela. Those coutries are not the place to have gold mines, the government could nationalize them in a heartbeat. Pick some friendly coutries not about to go to war for your junior gold miners.
FDA Turns Over Dendreon Documents - Here They Are [View article]
Interesting article, and the reader comments at the end are also very interesting. Be sure to read those. Exactly how I feel. The FDA needs to be overhauled and rebuilt without the special interests.
What gives the FDA the right to decide if people should die every day of cancer? In the USA alone, 83 men die every day of prostate cancer. Not a week or a month or a year, but everyday for 365 days a year!
Why can't we have a "for trial use only" where patients can sign a waiver (letting the FDA off the hook) and go ahead and get the vaccine? I'll take a chance any day on a vaccine that might keep me alive rather than die. Good grief people, wake up!
Remember, the company Dendreon with the prostate cancer vaccine also has a vaccine for breast cancer.
Put this into your democratic platform: The FDA needs to be overhauled....They're killing hundreds of Americans every day and getting away with it.
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Latest | Highest ratedFast Money Recap: 3/26/08: Oil is Well [View article]
Stocks Most Heavily Held by Institutions Performing Best [View article]
Record Declines in Home Prices Continue [View article]
A 10% Correction in Gold is a Good Thing [View article]
Will the Commodities Bubble Stay Deflated? [View article]
And you know what has real value? Not paper money but commodities. Stuff with real value. People have to eat and put gas in their cars. Use your heads and think.
With oil, gold and other commodities priced in US dollars, and the value of the dollar declining due to the fed running the printing presses on overdrive, the price of real commodities (priced in US $$) has nowhere to go but up as the value of the dollar drops.
This is no real bubble and commodities will return their upward trend very soon.
6 Reasons To Be Cautious on Google [View article]
Is now a good time to buy Sept $350 puts on Google? Yes.
Or Jan $300 puts? Yes.
I'm a buyer come next week.
Watch and see what happens.
Why Is Diesel More Expensive Than Regular Gas? [View article]
The cost for refiners is less for diesel because it is one of the first cuts off the first distillation tower. Then if needed desulfur it and throw in minor amounts of additives and it's ready to sell. That's it, very simple and cheap.
For gasoline it's a whole different story. Refiners take cuts of the first distillation tower and then (to keep it very simple) use even more towers/reactors/treate... (hydrotreaters/FCCU fluid catylitic crackers/etc.) to make what we call gasoline. And then they throw in lots of additives, and finally it's ready to sell.
Now tell me again why we get to pay more for diesel when it's a lot cheaper to produce from the same barrel of crude?
And tell me why in many foreign countries diesel is cheaper at their pumps than gasoline which reflects the true cost of production?
Answer:
In the USA they simply charge more for diesel because they can and get away with it.
Solar Power May Not be Quite so 'Green' [View article]
Oh yea, get a life too.
Fed Rate Cuts Backfire, Lift Gold and Oil into Orbit [View article]
However, your comment about solar is wrong: "and talking about solar that can't generate more than 5% either (and much of which cannot be built because the world supply of the exotic metals needed doesn't exist)" is not correct. Sand is the basis for mono and poly silicon. Sand is plentiful. And China is aiming at solar to provide 20% of it's electric needs by 2020. Why can't the US do the same?
Junior Gold Companies Should Experience a Turnaround Soon [View article]
Pick some friendly coutries not about to go to war for your junior gold miners.
FDA Turns Over Dendreon Documents - Here They Are [View article]
What gives the FDA the right to decide if people should die every day of cancer? In the USA alone, 83 men die every day of prostate cancer. Not a week or a month or a year, but everyday for 365 days a year!
Why can't we have a "for trial use only" where patients can sign a waiver (letting the FDA off the hook) and go ahead and get the vaccine? I'll take a chance any day on a vaccine that might keep me alive rather than die. Good grief people, wake up!
Remember, the company Dendreon with the prostate cancer vaccine also has a vaccine for breast cancer.
Put this into your democratic platform: The FDA needs to be overhauled....They're killing hundreds of Americans every day and getting away with it.
A Solution for eBay and Its Frustrated Seller Community [View article]
You just like to stir it up to piss off people don't you?
LDK Solar: Not Worth the Risk [View article]
And that seekingalpha acutally paid Stephanie Grimmett for writing this worthless crap!
Folks who approve shoddy journalism should at the very least have their pay docked.