mangolfer

Update: Crude Oil, Priced in Gold

Does anybody here know of anyone person or entitiy that is using more oil since the price spiked? Personally my small company now saves over $1000 per month in gasoline purchase to pre-Katrina prices even, due to fuel effiecient vehicles and watching travel both air and car....

Update: Crude Oil, Priced in Gold

Oil price is about to drop off the map. Supply needs to decrease and demand needs to increase and that's not happening.

Update: Crude Oil, Priced in Gold

oil price is about to drop off the map given demand dropping and supply increasing.

Commodities: Burst Bubble or Buying Opportunity?

Everybody keeps pointing at "fundamentals".... Have the fundamentals changed since Katrina? Oil took off and has never come back since Katrina.... Another point, how can anybody know where "peak oil" is? Everything already discovered in the ground is estimated. Not to mention all the undiscovered oil that keeps showing up. Not to mention all the new technology for removing oil from the ground. I don't see it going up near term with out something illegal causing it to rise.

Is the Bull Run in Commodities Over?

It was not an uptrend, it was a bubble and it burst.