G. L. Turner

High Gold Prices: It's the Oil, Stupid

Re: Natural Gas -

The reason that NG is not being used in the US is because Gov. Sachs has not figured out a way to control the 'global price' of NG - perhaps, its because this is a domestic resource that can't be manipulated through ICE.

Second: Since each beef steer consumes the equivalent of 155 gallons of gasoline in its short lifetime, and the American Public eats a huge amount of meat, to it severe detriment and that of the planet, on average and across the board - at least once every day...about 7 times the average amount around the globe - we if would just cut back our beef consumption by half...we would most probably cut our imports of foreign oil by close to half. This would substantially improve our health, save alot of money domestically (personal budgets/health carecosts) and reduce our foreign outflows by a significant amount as well as make a decent impact on carbon emissions...and most importantly, all this cost us nothing...

Go figure!

China’s Dragons: Oil, Gold, and the U.S. Dollar

Best damn article I've read in years!

Kudos to You, Ron.
A brillant reading of the road map as the East Rises!

As we look at the events, globally, of 2008, and then recall of how proud those Asian faces looked on TV during the Olympics and see, vai this article, how closer the Chinese are to 'shifting' economic power, it is scary.

More interesting, all this was predicted in the 5K year olkd Mayan Calendar, that said the East would assume dominance, taking it away from North America, between 2008 and 2012.

This article is an indication that the prediction is fast becoming true....

Is the Commodities Bull Market Over?

The prices in commodoties began to retreat significantly in early June - this was a result of the spotlight beginning to be focused on several key price provokers - namely 4 notable WS Frims, who had, over the last 4 years engineered the CIFs and had talked a lot of Pension Money,etc. into moving into the area. When Congress started pushing the CFTC to take a look, the heat was getting too close...and the Managers of the Pension Funds, etc. who had been enticed into playing the 'passive long commodity investor' game suddenly began to realize the damage their 'asset allocations' were causing to the global economy and the other 98% of their portfolios. So yes,"Investor Sentiment" did change as these fund managers begin to wise up and start to exit theri long positions....add to this the laying off of radical "ginned up" 'analysts reports' and saber-rattling by Bush/Iran/Putin, and things 'shifted' by mid-June. The outflow on monies begin to move back into the stock portfolios and the dollar finally had a chance...so the 'perfect storm' of factors that were driving high prices was reversed and they are working in favor of the other direction...yes, the 'manipulated bubble' was burst.
However, get ready, the bad boyes of WS jsut bought inot the new Dubai Oil Futres Exchange - now they can begin to 'manipulate' beyond the reach of the CFTC shortly....
Round II begins early next year.
G