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35 Comments
Struggling AMD Is Still Searching for Inspiration
well, as far as AMD goes, it could become a penny stock. not sure about $1, damn, but $3...quite possible...ironic that the "teraflop barrier broken" headline came just before a near 50% drop in share price...And what of the barrier being broken...? not a word since the initial announcement...wtf? Very little looks bullish right now, and I believe AMD simply fell with the market. Companies perceived as crappy are dumped first in bearish times. AMD needs to start over, meaning no new announcements until the product is 100% OK and ready to ship the next week, stop fighting Intel and just make a better product, and bring in some fresh blood to management. And selling ATI may not be a bad idea as someone mentioned.
Acquisition does seem possible, big up Tuttle.
What was with the rally a couple months back?
Short Sales: SEC Turns Back the Clock to 1931
Dollar Hurt by Geopolitical Concerns and High Oil
How Far Could Oil Prices Fall?
However, Oil is LIMITED in SUPPLY. simple. We will see increases when Iraq comes into play, coastlines, coal to liquid, hell maybe algae will fix the whole problem.
But for now, right now, Oil is quite probably going to at least 160 this year with equivalent disruptions in indexes heavily dependent on petroleum products (Dow first, NASDAQ later...any thoughts?)
Why do so few think about supply and demand when it comes to Oil?
How Far Could Oil Prices Fall?
Tuesday Outlook: Commodities, Emerging Markets
one problem ~ oil supply. I believe can be temporary...fuel from algae DOES look realistic and promising in the near term.
the other problem ~ i remember gold at 300...if the fed did contract the money supply that price would come back, or something near it. And contract the money supply is what the Fed did after the 1929 crash...if any meaty connection can be made i'm not sure.
they've been crashing the dollar to usher in the Amero. possibly.
Until we get abundant energy, we can count on destabilized markets. And our screwed up currency doesn't help...and if the nations of earth get tired of paying for their oil with dollars, we could have another problem...
Thanks Fry ~ always insightful
Oil Hits $140: What Could Trigger a Reverse?
i don't believe any number i didn't reach by my own measurements/calculati... the McCain number was just the first one i came across on a google. Search for yourself.
i looked again and the best estimates are still around 31 billion barrels on the US coastlines.
i'm not making this up!! However, some folks claim we have plenty of oil. Well for the next 30 years or so (at current rates of consumption) including coastlines, and total US fields... I believe it was BP's chairman that stated within the last seven months that the world has 39 years worth left.
energy.pressandjournal...
Maybe its a scam, big oil is distorting prices...I mean seriously who better to mess with the supply end?? But why? ... i don't have any thoughts on that yet...
If the world is approaching the end of easy to get to oil...Think about it ~ Western economies have been built on this stuff, and our "growth" not just maintaing current conditions, is dependent on having more energy... And the world may be staring at the finish line of oil.
whatever.
Oil Hits $140: What Could Trigger a Reverse?
Shale and liquid oil are different...absolutely... However, the relevant end products are very similar and both would feed into the existing fossil fuel infrastructure.
Pockyclips ~ that's a problem. Real food for thought there.
mmmarkk ... lol,nice name. ah, the problems i was thinking of were habitat destruction and potential spill issues. Yes, its exponentially less destructive than strip mining.
man i've got a lot of time on my hands.
Oil Hits $140: What Could Trigger a Reverse?
mining the oil shale is environmentally disruptive, much like drilling our coastlines. We have no quick fix that will work, and prolonging our fossil fuel depence (as if there was another option) will require utilizing gasification of natural gas, oil shale mining and cracking, increased coal mining and liquifying, and probable establishing new rigs on the coast.
However all of that merely buys us time. Perhaps 100 years or so...who knows? We need a long term alternative.
When B*sh talks his gibberish and mentions a "simple chemical reaction" that gives hydrogen gas from water...he doesn't mention, or perhaps know, that the reaction 2H2O ---> 2H2 + O2 requires energy input...even if the recently discovered almost perfectly efficient MnFe3O4 catalyst still requires energy input to give hydrogen. Even if some quantum system is devised utilizing tunneling to lower the required energy...some energy is required...
Nothing is coming down the pipe until...well, thermonuclear fusion is safely/effectively harnessed.
And we are running low on cheap, easy to access/produce, energy (OIL). That's whats with the prices.
Cmon...i'm so sick of hearing blame on speculators, and financial instruments.... what happened to supply and demand? Yes, supply can be doctored by big oil, and yes demand can dampened...however oil is non-renewable after all.
the real production limits had to be reached sometime.
The Great Oil Deception: Part Two
Who produced the equipment and ran operations??? I bet that if you looked at oil rich nations during that time frame that probably you would find their operation and equipment costs were average if not lower.
Note also this time period is after the 1970s US oil peak.
The current trend may very well be due to the world known oil peak (post 2005)...although some more wells may be drilled yet to slow decline...
Preparing for the Fall
nobody knows shit. including me.
There is some, I believe, TRUE info in the article and in the written responses...as in "true" from that omniscient all correct perspective.
a bunch of squirrels posting ideas about how to get 100 nuts in a forest with 5.
shorts....seriously. as long as there is a market, it will go either up or down.
Ok.. once you get that idea, try to watch the thing and see how high or low it goes... try to watch its movements like you are stalking prey... watch the parameters... jesus, i barely have time to explain this.
Expert? no. but i understand a little.
Preparing for the Fall
Preparing for the Fall
Anyhow, what got me was a description of a cycle that was known in the markets even back then ~ depression, revival, prosperity, over-extension of credit, then back to depression... sound like the housing bubble? its an old story...although i believe what Cragg called depression we call recession.
What is different now is PETROLEUM. If we are running into a production ceiling...expect wars...famine....major problems globally.
That'll potentially destabilize markets to say the least. I say, on US exchanges, go with commodities, top defense contractors, and oil futures...see where that takes you over the next three years.
Preparing for the Fall
The Era of Cheap Crude Is Ending