Coal Stocks: The Real Economic Indicator [View article]
Very true. Coal is sold years ahead of its production in anticipation of price increases and decreases. It's a speculator's nightmare. At the same time it is more needed than oil, how else are you ganna BBQ in summer. :)
The Real Rationale Behind Current Supply and Demand for Oil and Other Commodities [View article]
America bought oil at 147 a barrel, China/India/Russia will not do that. The 5% US is bent on being super filthy rich and the heck with the other 95%. Problem is US bought 25% of oil abd commodities. Look what China did. It's buying up miners dirt cheap, hedged its fuel costs with Iraq and cut imports when they got to hot. China now controls the price of commodities, not the US and guess what. That's why tech is still at P/E's of 20 to 25. When the chinese start using India's and Taiwans technology wizards watch tech stock tumble.
Coal Stocks: The Real Economic Indicator [View article]
The Real Rationale Behind Current Supply and Demand for Oil and Other Commodities [View article]