Today in Commodities: Crouching Tiger Hidden Commodity [View article]
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.
Inflation Trade Breaks Out Across the Board [View article]
You're dreaming if you think we are headed to $150 oil in the coming months. If oil goes to $150, we will be in the next depression.
In order to have inflation you have to have demand. Since people are still getting laid off and not getting raises, where is this demand going to come from? Foreclosures just hit a new all time high.
There may be inflation on Wall Street but there isn't any on Main Street.
Today in Commodities: Dust Starts to Settle [View article]
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 [View article]
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.
Inflation Trade Breaks Out Across the Board [View article]
In order to have inflation you have to have demand. Since people are still getting laid off and not getting raises, where is this demand going to come from? Foreclosures just hit a new all time high.
There may be inflation on Wall Street but there isn't any on Main Street.
Stocks, Bonds, Commodities and Currencies: My Predictions for 2009 [View article]
The housing market will never have the demand of a few of years ago because subprime mortgages won't be handed out like candy again.