montyman

Oil: Ready to Break Higher?

Good point, but at the rate things are going, the well-advertised Israeli "surprise attack" might not happen for several years, by which time Iran will already be a member of the nuclear club.


On Nov 19 07:34 PM casey00001 wrote:

> I would venture to say oil will easily go over one hundred dollars
> a barrel. Israel is going to have no other choice but to attack
> Iran. When that happens, the "chart" will not be pretty.

Gold, Oil and the Dollar

Actually, the reversal of record oil prices started after July of 2008, not March of 2008.

And are you sure that those sovereign wealth funds, etc., will be able to step in so easily again? You make it sound like reversing the dollar weakness is trivial.

Canada Back in a Housing Bubble?

At last an article on Canadian housing! :)
Mr. MacDonald, will Canadian house prices ever correct? Or does this rise continue long term?

A Breakdown or a Bear Trap? Will There Be a Rally on Wednesday?

Let me put my money where my mouth is as I write this on Tuesday. Since TraderMark is expecting an upside or downside event to happen on Wednesday or thereabouts, I believe that it will be a significant downside event.

My reasoning is thus: stimulus is petering out, and the markets need another shot soon. A downside event will prompt more stimulus. And then we're off to the races again. We'll know by the end of the week ;)

Max Keiser: Oil Trade's U.S. Dollar Dump Rumors Are True

Yes I noticed that too. For those not familiar with the subject, gold and oil are two very different substances, yet their respective charts are very close to each other (i.e there is some common force driving both higher and that force would be dollar weakening).


On Oct 12 09:09 PM The Geoffster wrote:

> Take a look at the recent correlation between USO and GLD.

Whither Goes the Price of Oil?

What do you say about gold in such a case?


On Sep 18 12:13 PM ssquared wrote:

> And what will happen to the price of oil if;
> A) the Israelis attack Iran
> B) Iran mines the Staits of Homuz
>
> Answer: As Jackie Gleason used to say: To da moon!

Four Major Developments Gold Investors Should Watch

Maybe not. This time there might be a move into the safety of gold (maybe).


On Sep 15 08:34 AM Disa Anja wrote:

> I agree! All that matters is the price of the US$. Hey, what a minute....what
> happens if the equity markets trade down again and lower than the
> Match lows...the US$ will appreciate again like it did during the
> last down leg?

Gold Above $1,000: Indicative of an Imminent Market Fall?

If the Fed is dead then where are they getting the ability to continue pimping up the banks, markets, bailouts, etc. etc. ?
On Sep 08 01:56 PM Madcow2 wrote:

> Gold will fail before it gets to $1033 because the Federal Reserve
> is DEAD. They are no longer capable of "inflating" the money supply
> or the economy. The game is over.
>
> Think of a film of a nuclear explosion ... at first, you see a house,
> some trees, a parked car - and then a wave coming in left to right
> blowing the car away, taking the house off its foundation, bending
> the tree like a twig to the right ... (think 100 years of inflation).
>
>
> Then, everything is still for a moment. And the, the concussion wave
> comes back the other way and blows everything right to left as the
> vacuum is filled and balance restored (think decades long deflation).
>
>
> In our system, debt is money. So as debt is destroyed, so is money.
> Smart rich people may have exchanged their fiat for gold - but where
> is everybody else going to get cash to buy in? Outside of government
> and a handful of lucky banks, the money supply has vaporized.

Is the Dow Starting to Stall?

El-Erian is a bond-man. He's talking his book.

Random Walk Down What Is Definitely Not Wall Street

Yes these problems are real, but my best source tells me that REITS will still do well (at least for a while yet). How? I didn't understand his explanation, but hasn't there always been some last minute rescue with things like this? And yes Tyler Durden "followers" (as they should be called) are indeed fools. When was the last time you made money shorting on Tyler's information???

Priming the Pump for $20/Gal. Gas: Interview with Chris Steiner

But don't forget what could be the biggest source of gasoline: COAL. This is how South Africa makes their gas. It is the most abundant fossil fuel by far.


On Jul 10 09:55 PM dondon wrote:

> Mexico in the next few years will import oil rather than export it
> to us because of declining fields. Canada, though, has vast reserves
> of oil sands that are both dirty and expensive to extract at today's
> prices. The US also has vast reserves locked away both onshore and
> off. Last year when oil hit $147 even those opposed to new drilling
> in the US gave way to the drill, baby, drill folks. With more diesel,
> hybrid, electric and even ethanol on the way, I feel the only way
> we get to $20gal by is through taxes.

Damage Done to Gold

No need to explain that, we can easily see that it was a typo. What I want to know is: what is your definition of VERY soon? (or VERY expensive for that matter) :)


On Jul 10 11:36 AM 5142152-337 wrote:

> Sorry, for the typo. "no" should read: none

Bankslaughter

No, you would just see a lot more "fall guys".


On Jul 07 09:40 PM Swashbuckler wrote:

> Agreed J. Crighton--You make white collar crimes capital offenses
> (enforceable), and you'll see a lot less corruption in business and
> politics.

Dennis Kneale: The Ultimate Contrarian Indicator

Hey Donkey Kong, are you still firmly bullish looking ahead or do you see a turn downwards (and if so when)? Thanx.


On Jul 07 02:59 PM Donkey Kong wrote:

> Dennis Kneale is a vituperative ignoramus!

Long Dollar, Short Oil, Hold Gold?

If you think this is a counter-trend trade, for how long do you expect to hold DRR? BTW, was that a typo when you said " I still think it will cost two Euros to buy a buck sometime in the foreseeable future" (or did you mean two bucks to buy a Euro). Thanks.


On Jul 05 11:43 AM Mad Hedge Fund Trader wrote:

> You nailed it. The stage is now set for the dollar. With the US 20
> months into a recession, it’s just a matter of time before the Fed
> pull us back from zero interest rates. With the ECB late to the funeral,
> European Central Bank president, Jean-Claude Trichet, last week reaffirmed
> his commitment to keep their benchmark rate at 1% to restore the
> economy. There’s your trade. The next move in the euro/dollar spread
> will be in favor of the greenback, as the US will be the first out
> of recession. On top of that, you can pile a fading US stock market
> and a back off in commodity prices, which are also dollar positive.
> Thus, you can expect the euro to trade down to the low $1.30s. Mind
> you, this is still a counter trend trade, which I generally try to
> avoid. I still think it will cost two Euros to buy a buck sometime
> in the foreseeable future. For those hardy few willing to scoop up
> some pennies in front of a steam roller, look at the 200% short euro
> ETF (seekingalpha.com/symbo...), which has backed off 34%
> from $63 to $42 since November.