cyclops2020

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    • False Data Clobbers the Markets [view article]
      Ozzy, have you seen the recent Zapata George report?

      On August 28th a report in a Corpus Christi, Texas newspaper included a picture with this caption: “Tank trucks wait in long line Wednesday to load fuel at Magellan terminal in Fargo North Dakota.” For those who don’t know, Magellan Midstream Partners LP operates a network of pipelines and distribution terminals including one in Fargo.

      The report went on to say that industry officials are mystified by fuel shortages at terminals in the upper Midwest in recent days. However, they are likely to have enough supplies for Labor Day weekend.

      Folks, we reported a week ago that there were shortages of diesel in, of all places, northwestern Saudi Arabia. Last spring we reported that there was no gasoline in Australia and the big companies advertised in a Sunday paper to apologize. We also reported on the shortage of gasoline at the biggest refinery on Edmonton Row in Alberta Canada – all evidence that this is NOT a new occurrence!

      Are you beginning to get the picture? It’s developing right before our eyes. There is only one reason for shortages of gas to be happening in so many places, and that’s because THERE ISN’T ENOUGH crude supply.

      If you haven't heard me before, please pay attention because peak oil is behind us. Let me say that again…PEAK OIL IS BEHIND US! We now consume more oil every day then we produce, and that is not likely to change! The crude oil inventories that are worldwide and located in 10,000 different places have been absorbed through the second quarter. From here to the end of the year, the rubber meets the road “big time”. I must say this once again. “Now is the time to be long in oil, natural gas, coal, gold, silver and agricultural products.”
      This is Zapata George       Aug 30 09:39 AM
    • False Data Clobbers the Markets [view article]
      Bottom line....yeah, for now!

      Ozzy....I understand your frustration ;) Also know that there are none so blind as those who will not see...       Aug 30 09:13 AM
    • What's Pushing the Market Up? [view article]
      The volumes don't support, true....The fundamentals don't support either, but that hasn't stopped the run-up. Aug 29 09:20 AM
    • Speculation and the Price of Oil: An Unfriendly Note [view article]
      Couldn't you have said all that in, like...3 sentences? :) Aug 27 08:21 AM
    • Extreme Volatility in Equity Markets: A Harbinger to Sea Changes [view article]
      Yeah, right! Aug 25 09:22 AM
    • The Inconvenient Truth of the Slowing U.S. Economy [view article]
      Shhhh....don't tell everybody!

      Currently, the FDIC has 90+ banks in the U.S. on their “watch list” for risk of failure. How large this list really should be is anyone’s guess.

      P.S. ...and IndyMac wasn't even on the list !!       Aug 22 08:57 AM
    • Is Housing Starting to Form a Bottom? NAHB HMI, Permit and Housing Starts Update [view article]
      Johnny, Why don't you just 'can it' until you have something worth commenting about......what's your agenda?? Aug 22 08:50 AM
    • Our Advice? Buy the Financials Now [view article]
      Just another shill....Move along! Nothing to see here.....;) Aug 22 08:45 AM
    • Five Stocks to Own Now that the Dow Has Bottomed [view article]
      Oy vay! BUY, BUY, BUY.....The bottom has arrived! ...or I need to keep my job hyping crap securities. Let's see you tie your future to those turkeys. Oil is king and 'Here come the sludge!' Jul 31 11:36 AM
    • A Bottom May Be Forming in Home Sales [view article]
      Do you fools (reporters) think you will get some award for calling the bottom first. Why not study the subject before promoting this manure. Besides, you ain't near pretty enough to compete with the CNN cheerleaders. Jul 27 04:12 PM
    • The Oil Bubble Will Meet the Same Fate as Tech, Housing [view article]
      So many fools, too few lightening strikes:

      When a government or central bank creates additional money through fiat means, it creates inflation. The real definition of inflation is an increase in the supply of money beyond any increase in specie. By its very definition, it attributes the real cause of inflation to its root source which is expansion of the supply of money and credit through artificial means. Its real cause is an act of fraudulent intervention into the financial and economic system distorting values, investments, and in the process, the distribution pattern of wealth and income within the economy.

      It's the printing presses!

      An understanding of the real cause of inflation is crucial to an understanding of fixing it once it reappears. Most economists and analysts misdiagnose inflation. The standard definition of inflation today adopted by economists, analysts on Wall Street and the mainstream press is that inflation is an increase in prices. The modern definition of inflation as simply rising prices looks more at the symptoms of inflation and not the cause.

      Jul 19 08:45 AM
    • Oil Price: $100 Before $150 - But $200 Before $50 [view article]
      Better sell those lousy canroys, pronto! Jul 11 09:34 AM
    • Options Trader: Thursday Outlook [view article]
      Good call, from just yesterday no less, Don’t expect oil to come off the floor today and, as long as they stay under $137.50 for the week, we’re happy…
      I guess you ain't happy then?
      Jul 11 09:30 AM
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