Ron2008

Investment in Commodities for the Coming Decade

As others said, DB does not stand for double.

Today in Commodities: Dust Starts to Settle

Melsen, chart out a NG futures chart. The prices peak in Nov and DROP through the winter. The last 5 winters have had higher prices in Nov than Feb.


On Dec 10 08:52 AM Melsen wrote:


> Regarding NG trading at higher prices in winter, it is only natural
> considering seasonal demand and drawdowns in inventories.

Today in Commodities: Crouching Tiger Hidden Commodity

You can't see that there is no demand for oil right now? That refineries are shutting down because of a lack of demand? That there are millions of barrels of oil and oil products in floating storage? That Cushing is getting very full?

Only funds think oil should be above $70 right now.

On Dec 10 05:30 PM rick12345 wrote:

> Oil has been dumped for no particular reason that I can see. While
> it should be at $80 - $85 and heading toward a $100 average, strangely
> it hasn't.

Get Out of Commodities - Barron's

"because it is based on supply/demand fundamentals"

Yea right. Gasoline inventories are at 15 year highs. Demand is dropping. So why are the prices at record highs?

There is no current shortage of oil. US inventories dropped because businesses followed a normal business practice of reducing inventory when prices go flying higher. Especially when oil futures went into backwardation last July. There is no incentive or reason for them right now for them to put inventories back where they were 2 years ago.

If OPEC dropped their quotas and prices stayed above $100, there would not be a drop more added to US inventories.