Seeking Alpha

Ron2008 » Comments » SLV

  • Investment in Commodities for the Coming Decade [View article]
    As others said, DB does not stand for double.
    Dec 11 14:35 pm |Rating: +1 -1 |Link to Comment
  • Jim Rogers: Lessons from a Legend [View article]
    You are definitely correct on this point!


    On Dec 10 09:31 PM Kitegeezer wrote:

    > I can tell you that Rogers recommendation to buy a farm is bunk.
    > You would be far better off buying agricultural futures and living
    > in a nice residence in a cosmopolitan city. The history of civilization
    > is built on exploiting farmers, today is no different. How much bargaining
    > power does a farmer have? - you tell me, he has to borrow money for
    > inputs and his suppliers and customers are essentially the same people.
    > Where I live in Brazil, they are exactly the same people.
    Dec 11 14:25 pm |Rating: +3 -1 |Link to Comment
  • Today in Commodities: Dust Starts to Settle [View article]
    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.
    Dec 11 14:15 pm |Rating: +1 0 |Link to Comment
  • 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.
    Dec 11 13:37 pm |Rating: +1 0 |Link to Comment
  • Oil's Up and Down Ride [View article]
    The Nov oil (CL) futures contract expires on Tuesday. The Nov options have already expired. You want the Dec or Jan contract.

    The Jan CL options expire 12/16. A $75 put costs $3.57 or $3,570.
    www2.barchart.com/optq...

    On Oct 17 11:05 AM sethmcs wrote:

    > I am itching to bet oil down from this level. Not sure the best
    > way to do that. Buy puts on the November contract? Buy puts on
    > USO or OIL? Could somebody more experienced in trading commodity
    > options explain the ins and outs. I have 25+ years experience with
    > equity options.
    Oct 18 09:58 am |Rating: 0 0 |Link to Comment
  • Oil's Up and Down Ride [View article]
    Excellent article!

    Goldman needs booms and busts to make money. They don't care one bit about the 16.8% they run into the ground.
    Oct 16 22:12 pm |Rating: +2 0 |Link to Comment
  • Get Out of Commodities - Barron's [View article]
    "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.
    Mar 31 11:19 am |Rating: 0 0 |Link to Comment
More on SLV by Ron2008
Comments by Ticker
Ron2008's
Comments Stats
89 comments
Rating: 97 (138 - 41 )