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eppf2

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  • Don't Panic, Linn Energy Could Actually Profit From Falling Oil Prices And A Sector Downturn [View article]
    I've been suggesting $60 - $70 by late spring - early summer for the last two months. Still bnelieve it's reasonable.
    Russia exports of oil down 1.5% last month.
    I got slammed by saying the domestic rig count was tanking but it is. Thousands of workers being laid off. The average wage for an oil worker in the Bakken is $105,000 a year. A lot of lost income there and the Eagleford just to mention two major fields. It;s getting real ugly fast.
    Jan 27, 2015. 11:20 AM | 1 Like Like |Link to Comment
  • Don't Panic, Linn Energy Could Actually Profit From Falling Oil Prices And A Sector Downturn [View article]
    Pablo,
    A VOICE OF REASON!
    Jan 27, 2015. 11:14 AM | 1 Like Like |Link to Comment
  • Don't Panic, Linn Energy Could Actually Profit From Falling Oil Prices And A Sector Downturn [View article]
    Never to late to sell a bad investment. The idea is that if this thing stinks get rid of it and go into something better. The fact is, if you keep holding then you must believe it will recover, hence you're positive on the company. I'll never understand the idea of holding because you think it might recover when, obviously there are better opportunities elsewhere.
    Jan 24, 2015. 01:29 PM | 1 Like Like |Link to Comment
  • Will Gold's Spectacular Rally Continue? [View article]
    Ninja,
    >>>My common sense tells me the Feds would rather just fine them instead of convicting them so the game can continue.<<<

    So what you're saying "common sense tells me" is that you really don't have any concrete examples. OK! Case closed.
    Jan 24, 2015. 11:17 AM | Likes Like |Link to Comment
  • Will Gold's Spectacular Rally Continue? [View article]
    Ninja,
    Why am I not surprised with that type of answer?? Could you provide just two examples? Just two where defendants were found guilty. I provided two examples for you to read.
    Jan 23, 2015. 09:53 AM | Likes Like |Link to Comment
  • Don't Panic, Linn Energy Could Actually Profit From Falling Oil Prices And A Sector Downturn [View article]
    In defense of NG usage.
    jvincen2,
    Climatologists are almost 100% in agreement that the changes we are experiencing will cause worldwide food shortages and political chaos. The problem is these "experts" were claiming global cooling in an April 28, 1975 Newsweek article. Some of them are the same experts ( do your own research) that are screaming man made global warming today. Much like the East Angleca hacking of the U.N. IPCC site a few years ago showed where the "global warming crowd" prevented PHD's and expert professors and others with a differing opinion from speaking at the huge global warming events where the "man made global warming" crowd continues to spout their theories, and continue to prevent these voices from being heard today. And why not?? They have had several hundred billion dollars spent on their behalf over the last decade. Not a bad way to take home a paycheck. "Global warming is made-made" so send me a check so I can continue my biased research. Yes, the term "Biased" is in the eye of the beholder. So, yes, climate warms and cools. Period. Sea levels rise and fall. Period. One only needs to check the geological record going back the last 500,000,000 years. Will the burning of NG have a measurable negative effect upon these changes? With worldwide temperature changes over the last 20 years being almost unmeasureable, from any practicable case, then I have every confidence that NG will not only continue to be used but will expand greatly.
    So just one other observation before I sign off. Polar Bears. In an Article Published April 4. 2012 From The Globe and Mail WINNIPEG and revised on Sept. 6, 2012 Scientists cannot explain the huge increase in polar bear populations in the most threatened area of northern Canada - the westerner of Hudson Bay. Almost double the amount expected. And so it goes. If one takes the time to research - on his own - the 'Facts" as presented by, what have become political groups, he will probably be surprised what he turns up. YEP! That goes for both sides of the political spectrum. Surprised at that attempt of neutrality aren't you? LOL! No disrespect meant.
    Jan 23, 2015. 09:47 AM | 2 Likes Like |Link to Comment
  • Will Gold's Spectacular Rally Continue? [View article]
    solarcircle,
    >>>The Canadian tar sands are going bust as well as frackers across N. America. Their loans will not be repaid. That somehow seems familiar. <<<

    I do agree with you in part. SOME tar sand companies and SOME FRACKING companies will go bust. Other, better managed and financed companies will be able to pick up assets very reasonably. That's why I've been adding gradually to LNCO the last month. I will also buy offshore drillers shortly - but not yet. I can't pick a bottom but I have, over the years, been able to sense that a bottom is close and act accordingly in both oils and PM's. With that said, sure hope I'm right. It will be embarrassing if I'm wrong because of the stands I've taken on this and other boards reguarding my thoughts about prices and bottoms.
    Jan 22, 2015. 10:34 AM | Likes Like |Link to Comment
  • Will Gold's Spectacular Rally Continue? [View article]
    Solarcircle,&gt;&a... were fines for gold manipulation, plain and simple. <<<

    I must have missed that. Can you provide names and how much over the last 5 years. I'm not talking about a rogue trader like the London Whale or the guy in Singapore that brought down a very prestigious London Bank 20 +- years ago but manipulation suborned by top management or the Board of Directors. Just asking.
    Jan 22, 2015. 10:23 AM | Likes Like |Link to Comment
  • Don't Panic, Linn Energy Could Actually Profit From Falling Oil Prices And A Sector Downturn [View article]
    It's always interesting to see who climbs out and starts slamming management in hindsight. Happens every time with every stock move that experiences a problem. If they/you were infallible they/you probably wouldn't be posting because you'd have more money then Bill Gates and Warren Buffet combined. In any event, over the years they have had more good buys then bad and with that track record I don't see why they can't continue to expand positively. How many "experts" on CNBC, Bloomberg, or FBN last June were calling for $45 oil this month? None! Now with oil at these levels most continue to forecast $40. I've been posting that I believe we'll see $60 by June/July. Just look at the drop in rig usage. I posted two months ago that rigs would drop a lot and was blasted for it. In commodities "Nothing cures low prices like low prices"
    Jan 22, 2015. 09:51 AM | 5 Likes Like |Link to Comment
  • Don't Panic, Linn Energy Could Actually Profit From Falling Oil Prices And A Sector Downturn [View article]
    While the stock price has collapsed I've felt that the company remains an undervalued investment and have added small purchases recently hoping that oil, in general, has bottomed. That being said, there will be a lot of great opportunities for acquiring companies like LINE/LNCO to take advantage of distressed properties in the next 12 - 18 months. I believe that LINE will be among the frontrunner's.
    Jan 21, 2015. 06:40 PM | 13 Likes Like |Link to Comment
  • Will Gold's Spectacular Rally Continue? [View article]
    John, I agree with you regarding "conspiracy theories". I frequently hear about Morgan-Stanley or J.P. Morgan or other large banks manipulating gold and silver prices. That would/could be criminal so why isn't the "Great Protector" AG Eric Holder going after these "crooks"? Is it because they aren't conspiring?
    The only two problems I can remember, was the Hunt Brothers cornering silver and they really broke no laws but the Federal Government did change several rules causing them to lose much of their fortune. The other was something George Soros was accused of trying to do. But I'm frankly unclear about that episode now. So, in short, I don't feel that there is any great conspiracy manipulating the price of gold and silver at this time.
    Jan 21, 2015. 12:32 PM | Likes Like |Link to Comment
  • Silver Ready To Run Higher In Major New Upleg [View article]
    Aricool,
    Nope! The only thing I got going is over 60 years of investing, mostly in oil and PM's. Fortunately I've been right more often then wrong especially in anticipating when to buy/sell after big moves in either direction.
    Jan 19, 2015. 06:11 AM | 3 Likes Like |Link to Comment
  • Silver Ready To Run Higher In Major New Upleg [View article]
    "It's all in the mind of the beholder". What's going on in six months?? EXPECTIONS!! That's really what will drive SLV, GOLD, OIL, and NG, prices today. I think oil certainly and the PM's probably will be higher in six months then today. Remember when SLV was $40 and posters were saying "sell now so I can buy more" at $40?? Doesn't sound like a good chose now. At these levels I believe both energy and PM's are reasonably good buys. Have they over shot? Don't know but how much lower can they go??
    Jan 18, 2015. 01:14 PM | 1 Like Like |Link to Comment
  • Silver Ready To Run Higher In Major New Upleg [View article]
    I'm becoming interested - again - in silver. Sold everything except my physical holdings in May of 2011, the same two weeks before we got Ben Laden, the Al Quida boss. That was very near the high. On the other hand, I thought $25 was going to be the low and bought but then sold shortly after at $23.50 - and so it goes. Where's the exact bottom? Haven't got a clue but like oil, I believe silver prices may have touched their bottom. I prefer physical metal but the SLV and the GLD, along with GDX are easy to get out of without taking a real hit of 15%-30% when liquidating the physical stuff, based upon current spot prices. So I have stated to, once again, nibble at the GDX along with very small buys in the SLV trade.
    Jan 18, 2015. 10:00 AM | Likes Like |Link to Comment
  • Linn Energy: Is The Market Pricing In Another Distribution Cut? [View article]
    I guess it's simply my age - been doing this for about 60 + years. I usually get out when a stock drops 10%- 15%. This time, for some inexplicable reason I didn't. BUT, and it's a BIG BUT, ( one "t" not two) this stuff always over reacts and then recovers quickly. So I'll remain in with VNR and and LNCO and several others and enjoy the dividends. Another cut coming?? I don't know. If they do they do. I would much have prefered getting out around $25 - $30 and having the cash to "double-up" at today's prices. Six months from now I fully expect a 20% improvement on crude and at least that much in NG. Time will tell but history usually finds a way to repeat itself. Is this time going to be "different"?? Why?? Don't think it will be different too many problems in the world.
    Jan 15, 2015. 11:13 AM | 9 Likes Like |Link to Comment
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