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eagle1003

eagle1003
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  • Oil - This Ain't Like The Rest [View article]
    I tried to fully read this article but all I could see was PRICING VOLUME DEMAND SUPPLY .......over and over. The author does make some good points but his excessive use of caps does not help his thesis. Instead, the caps disrupt the flow of information and causes readers to be less likely to finish or to assign credibility to the author's arguments.
    May 27, 2015. 03:40 PM | 4 Likes Like |Link to Comment
  • Seeing Significant Demand For Gold From Central Banks [View article]
    Nothing new here. The story of Central Bank buying gold has been beat to death by multiple authors since gold peaked in 2011. So, what have central bank purchases done for the price of gold since then? For the past four years, it would seem, not much. Both Russia and China buy gold from domestic mines although China does import some.

    Now, if the Fed were to begin buying real gold instead of selling (via naked shorting on the COMEX) , we could expect to see upside pricing pressure. Unfortunately, the FED has no interest in undermining the value of the American dollar by allowing gold to soar. They will only lose control when American investors demand physical gold rather than playing into the hands of the FED by 'purchasing' gold via the ETFs.

    it is noteworthy that lately, Walmart has been jacking prices by 15 to 25% in one shot for an increasing number of items. Food price inflation is currently worse that of the 1970's. Hoarding is intensifying. It won't be long before rampant inflation infects everything else. Even the dumbed down part of the population is becoming aware that something is seriously amiss with government supplied data on inflation (and employment). Deflation is just a word that has little practical meaning to the average consumer except that gasoline has dropped some. So what. Rents are way up, houses prices are on the rise and food prices are sky-rocketing. Everything is NOT awesome!

    Neither GDX, HUI or gold have made a new lows for over 6 months. Volumes have been well above average. Those facts is a pretty good indication that someone has been accumulating in preparation for a new bull run. Let's pay attention.
    May 16, 2015. 01:27 PM | Likes Like |Link to Comment
  • The Real Reason China Is Buying Up The World's Gold [View article]
    Very good article.
    May 14, 2015. 02:17 AM | Likes Like |Link to Comment
  • Natural Gas - Inventories Rising Along With Price [View article]
    Lots of unhappy and disbelieving shorts. I don't think the punishment is over yet.
    May 12, 2015. 02:33 AM | Likes Like |Link to Comment
  • Precious Metals - Gold Continues To Disappoint Everyone [View article]
    Sideways price action or 'range bound', almost always leads to a sudden and dramatic move that sets the tone for a longer term trend. Sometimes there will be a sharp break in the opposite direction that serves to clean up on the stops before the new trend takes hold.

    So, what does this mean for gold? I don't know, but I do know but many of the miners have positive looking charts.
    May 11, 2015. 03:36 PM | Likes Like |Link to Comment
  • Natural Gas Prices Should Heat Up Soon [View article]
    Lodstar33: How do you know last week's rally was a 'short covering rally'? Just curious.
    May 3, 2015. 04:18 PM | 1 Like Like |Link to Comment
  • Natural Gas Prices Should Heat Up Soon [View article]
    As a NG futures trader, I can find no value in this article. The author does little except to state the obvious. Yes, natural gas will be in greater demand in the future while prices of the present are low. Nothing new here.

    It should be noted that higher demand does not necessarily equate to higher prices as demonstrated by current crude oil prices where excess supply, not weak demand, has cut the price dramatically.
    May 3, 2015. 11:25 AM | 7 Likes Like |Link to Comment
  • China: The Global Demand Side Of The Oil Price Equation [View article]
    Excellent article with a 'big picture' viewpoint. I have been around long enough to know that oil gluts rarely last very long. We will be seeing oil well in excess of $100 before we know it and Chinese and Indian consumption will the driver.
    Apr 25, 2015. 11:20 AM | 1 Like Like |Link to Comment
  • Russian Gold Reserves Jump In March: What It Means For Gold Investors [View article]
    Hebba attempts to shed some light on the recent purchases by the Russian central bank and proceeds to provide 'reasons' that hint of a hidden agenda. Of course, it must be a conspiracy of some sort. Right? Well, not really, read on.

    Hebba fails to tell the full story. The gold the Russian central bank is accumulating is not coming from the American based COMEX but rather from domestic mines which are hurting thanks to western sanctions and a low price. The Russian central bank is doing what it can to soak up excess production and keep the mines open. Think of it as an American style 'bailout'. No conspiracy here. Here is a link to a story concerning this issue: http://reut.rs/1HCT0AX

    Russia is now the third largest gold producer in the world and produces nearly 250 metric tons of gold per year. Realistically, the 31 ton 'purchase' by the Russian central bank is a drop in the bucket and it puts zero pressure on western mine producers or on the price of gold.

    I think that gold will eventually resume it's bull market (as priced in US dollars). The American public is beginning to distrust it's government and it's only a matter of time before they lose faith in the value of the their currency. It will be Americans that drive up the price of gold, not the Russian government and a central bank.
    Apr 25, 2015. 10:56 AM | 4 Likes Like |Link to Comment
  • Battered NatGas Tests $2.50 As Injections Pick Up Steam [View article]
    Selling NG at $2.50 is a money losing proposition for many producers and obtaining additional financing to drill for even more money losing product is not going to be as easy as it was a few years ago. The bankers are nervous about throwing more money into drilling thanks to the collapse of energy prices. At some point, we should see a tightening in the supply.

    I have a modest long position and I admit that it's not looking very promising. However, I think I will hang for a few more weeks for a possible surprise rally that few would be expecting.
    Apr 24, 2015. 10:00 PM | Likes Like |Link to Comment
  • U.S. Stocks: Timber! [View article]
    Is the FED or any other central bank buying lumber? Didn't think so. The mystery of non correlation is solved.
    Apr 23, 2015. 04:17 PM | 1 Like Like |Link to Comment
  • The Naked Truth [View article]
    Eric, this article was an excellent piece of work. Thank you for your effort.

    The traditional methods of evaluating equity value, just don't work anymore. Consider MacDonald's that announced the bad news of declining sales and the stock immediately jumped 3%. That is just nuts! However, it makes sense when one considers that MacDonald's allocated 20 billion to buy back their shares and what better time to support the share price than after the release of bad news?

    Then we have the Central banks whose stated goals has been to raise stock prices via QE type programs. Guess what. It works! True price discovery based on fundamentals is a thing of the past. The state of the economy has become irrelevant.

    Technical studies don't work anymore either. They are based on the concept that human emotions affect how stock prices evolve and that identifiable patterns emerge over time. Not any more. Central banks and Corporate entities are both unemotional 'investors' who produce only one pattern with their buying activities. (UP)

    Yeah, I know, it will all end badly one day. I confess that I have know idea when that day will be upon us.
    Apr 23, 2015. 12:30 AM | 1 Like Like |Link to Comment
  • The Naked Truth [View article]
    TF17: Good plan. Please assume the role of being "in charge", effective immediately.
    Apr 22, 2015. 10:55 PM | Likes Like |Link to Comment
  • The Naked Truth [View article]
    Fish: Well put. There are some who are in positions of power, who embrace all your listed 'solutions' with the exception of : "Plow huge money into research to make our factories more competitive and take manufacturing back from China?" Not going to happen. That would make too much sense.

    The real "PLAN" seems to revolve around America's favorite reality show: WAR.
    .
    Apr 22, 2015. 10:54 PM | 2 Likes Like |Link to Comment
  • The Coal Market Will Rebound In The Long Term [View article]
    Coal stocks are a great buy if the republicans take the white house in 2016. I agree that Walter Energy is next in line for bankruptcy.
    Apr 15, 2015. 10:30 AM | 1 Like Like |Link to Comment
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