Gustav and the Oil Volatility Index [View article]
I have looked at this graph,and you know what? This graph have no meaning to an experienced trader but I expect novice trader would not sleep at night thinking about what you just showed and how to interpret it. Relax everybody,here what it means (nothing actually) The volatility in commodities markets are little bit different from let's say stock market index as daily fluctuations are bigger,that simple. The higher is ATR (average true range a day) the bigger is volatility,nobody can make money knowing volatility of let's say CL or NG or just anything else as prices are driven by expectations for the future but even then daily fluctuations are daily fluctuations. If one have good idea where the price of anything goes then he gives a s..t about volatility,Gustav and just anything else. Yesterday I was trading alltogether about 20-24 mini NatGas in and out 1 hour before close of electronic session.I didn't even had time to read about Gustav as for me 10% fall in the price of NG was enough to cut few cents up and down the way when in a meantime some other traders tried to know more about Gustav.I made about 2500$ in less than 30 minutes same as I made 2200$ selling hen buying 2 CL,it took about 10 minutes. Who is Gustav by the way?Where he comes from?Is he cool?
I have looked at your graphs,I like your analysis and think it is important as backwardation/contango is the best prediction of CL prices long term if considered the opposite,as markets are more often wrong than right regarding long term. When I first traded CL since 2000 my friend Shay told me:Do you want to make millions from zero? I said of course!,then he told me to buy CL for December 2008 for I think 13-14$ when 2000 CL was trading at around 22.He told me to buy 1 futures contract and each 10$ up to double,today I would have 8192 long CL.I don't even know what the value of it would be today (11,878,400 USD? but I think more) as I am not a mathematician and don't waste your time counting it or replying about margin call at some bigger fluctuation I would have,but I would never have a margin call going the way he told me as doubling each 10$ up would not put me on a margin call.Doesnt't matter,I just wanted to give this example and show to all traders out there that IT IS POSSIBLE TO MAKE MONEY TRADING. Now regarding today's CL prices according to your research,CL futures for December 2016 are the same as spot price,I don't know what it means as backwardation or contango are easier to read,but my gut says that the best thing to do when nobody knows what to do (even biggest traders of CL are not sure how to price December 2016 Crude Oil) so the best thing to do is ........Crude Oil. Here I must stop,why I must share my understanding of future price move for CL with anybody,who are you all here?Do I know you?I will share this only with people whom I know personally and with whom I make a handshake,who's hands and soul are clean and pure,I would not share my secret with some greedy speculator who will make money on my knowledge,let everybody do what he likes,let all those I don't know and will never see in my life make or lose billions,I don't care.If somebody of you can prove me that one is a good hearted person,then please post your comment here with e-mail to contact,I will consider everybody's request and the most I will help people who lost money in futures,this is my priority to make a good person happy again and bring him/her back on top.
Northern Dynasty to Reap Benefits as Alaska Backs Minerals over Salmon [View article]
I like to check buy signals of " experts" on all kind of stocks,strange only that 99% of bugs like so called penny stocks. NAK is losing money for all of the last 10 years,it's assets were worth only 690,000$ in 2002,even today it's book value is 0.55$ per share,negative earnings growth of 60% since last year when price of metals was flying,return on assets for the last 5 years negative 185%,return on investments last 5 years negative 210%,rturn on equity last 5 years egative 218%,NAK stock price in 2002 was 0.25$ so this year high of 13.87$ means an increase of 55 times when at the same time price of Gold increased 3 times,which meand that for each 1% of Gold NAK historically moves 17%. Bottom line: Decrease of Gold of 20% means that stock price of NAK is about it's book value of 0.55$ which I believe what NAK is worth at best. Stocks don't move on some fantastic prospects,stocks move on fundamentals long term so I promise you that NAK whatever price of Gold will be will never reach it's previous high.I have seen many mining stocks in my life as I invested in those in 1998 and those were the best companies in the Gold/Silver industry,even today they are not far away from their 1998 prices.Stay away from NAK as it is worthless investment.If you believe Gold is going higher buy 100oz today worth 83,500$ so you can make money or lose it but you will have real asset not a colourful prospectus. In my opinion all the Gold/Silver sector stocks are very overvalued,you are paying at least 3 times more for mining blue chips as even they lose money.So why to overpay when buying Gold/Silver/Platinum/P... is real value at any price whatever it is?
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Latest | Highest ratedGustav and the Oil Volatility Index [View article]
This graph have no meaning to an experienced trader but I expect novice trader would not sleep at night thinking about what you just showed and how to interpret it.
Relax everybody,here what it means (nothing actually)
The volatility in commodities markets are little bit different from let's say stock market index as daily fluctuations are bigger,that simple.
The higher is ATR (average true range a day) the bigger is volatility,nobody can make money knowing volatility of let's say CL or NG or just anything else as prices are driven by expectations for the future but even then daily fluctuations are daily fluctuations.
If one have good idea where the price of anything goes then he gives a s..t about volatility,Gustav and just anything else.
Yesterday I was trading alltogether about 20-24 mini NatGas in and out 1 hour before close of electronic session.I didn't even had time to read about Gustav as for me 10% fall in the price of NG was enough to cut few cents up and down the way when in a meantime some other traders tried to know more about Gustav.I made about 2500$ in less than 30 minutes same as I made 2200$ selling hen buying 2 CL,it took about 10 minutes.
Who is Gustav by the way?Where he comes from?Is he cool?
Oil Manipulator Named: Gustav [View article]
When I first traded CL since 2000 my friend Shay told me:Do you want to make millions from zero? I said of course!,then he told me to buy CL for December 2008 for I think 13-14$ when 2000 CL was trading at around 22.He told me to buy 1 futures contract and each 10$ up to double,today I would have 8192 long CL.I don't even know what the value of it would be today (11,878,400 USD? but I think more) as I am not a mathematician and don't waste your time counting it or replying about margin call at some bigger fluctuation I would have,but I would never have a margin call going the way he told me as doubling each 10$ up would not put me on a margin call.Doesnt't matter,I just wanted to give this example and show to all traders out there that IT IS POSSIBLE TO MAKE MONEY TRADING.
Now regarding today's CL prices according to your research,CL futures for December 2016 are the same as spot price,I don't know what it means as backwardation or contango are easier to read,but my gut says that the best thing to do when nobody knows what to do (even biggest traders of CL are not sure how to price December 2016 Crude Oil) so the best thing to do is ........Crude Oil.
Here I must stop,why I must share my understanding of future price move for CL with anybody,who are you all here?Do I know you?I will share this only with people whom I know personally and with whom I make a handshake,who's hands and soul are clean and pure,I would not share my secret with some greedy speculator who will make money on my knowledge,let everybody do what he likes,let all those I don't know and will never see in my life make or lose billions,I don't care.If somebody of you can prove me that one is a good hearted person,then please post your comment here with e-mail to contact,I will consider everybody's request and the most I will help people who lost money in futures,this is my priority to make a good person happy again and bring him/her back on top.
Northern Dynasty to Reap Benefits as Alaska Backs Minerals over Salmon [View article]
NAK is losing money for all of the last 10 years,it's assets were worth only 690,000$ in 2002,even today it's book value is 0.55$ per share,negative earnings growth of 60% since last year when price of metals was flying,return on assets for the last 5 years negative 185%,return on investments last 5 years negative 210%,rturn on equity last 5 years egative 218%,NAK stock price in 2002 was 0.25$ so this year high of 13.87$ means an increase of 55 times when at the same time price of Gold increased 3 times,which meand that for each 1% of Gold NAK historically moves 17%.
Bottom line:
Decrease of Gold of 20% means that stock price of NAK is about it's book value of 0.55$ which I believe what NAK is worth at best.
Stocks don't move on some fantastic prospects,stocks move on fundamentals long term so I promise you that NAK whatever price of Gold will be will never reach it's previous high.I have seen many mining stocks in my life as I invested in those in 1998 and those were the best companies in the Gold/Silver industry,even today they are not far away from their 1998 prices.Stay away from NAK as it is worthless investment.If you believe Gold is going higher buy 100oz today worth 83,500$ so you can make money or lose it but you will have real asset not a colourful prospectus.
In my opinion all the Gold/Silver sector stocks are very overvalued,you are paying at least 3 times more for mining blue chips as even they lose money.So why to overpay when buying Gold/Silver/Platinum/P... is real value at any price whatever it is?