Excellent article. I think this is a "no brainer" from the data you supplied.Couple that data with the current administrations economic policies concerning the dollar and presto! You may have more than $100.00 per bl. especially if the USA gets any kind of recovery.
Does anyone honestly believe that China is NOT in a bubble? I see a major double dip for China . Look at the trajectory of the ShangHai market since their recovery .It is almost straight up! The Shanghai market price valuation is not based on sound or shrewd investments from the average hardworking Chinese person-rather it is based on government manipulation via banks . The Chinese can only buy so many commodities and make so many forced loans to an already over produced market.before the music stops and they realize there are no chairs left to sit in. Let the west watch and learn when the music stops in China the mad dash for the exits in the western markets will be swift and devastating!
I appreciate your contributions as always. Please keep up the good work. I agree with you natural gas will go up by September.I also believe the "soft " dollar will contribute to renewed strength in the commodities markets. I think they are a few aggie companies that act as a "canary in the coal mine " as far as the spx goes . I will monitor these companies watching for a possible fall correction.If we do see a major correction in the marketes in the fall I dont think natural gas will go up all that much if at all. g/l - good trading to all.
Gold is too high now. The bad economy will not last forever. advising people to purchase gold or gold shares when the market is so high already is unwise. If the deflationary forces start to take hold then gold will see sub 600 fast. Gold is just another ponzi scheme that needs more players to make it go up. Let the buyer beware. The old addage "Buy low sell high", should be remembered now about gold.
Mr Buffet should have been more concerned about congress allowing so many corporations to send jobs to China and Mexico. Did he voice his concern then? Anyone can see that the reason rail traffic is down is because all the jobs went overseas and the consumer is now tapped out . Thus with out money no one can buy anything.without jobs one cannot get credit. so...this is the end result. Enjoy everyone- you made your bed congress and big business- now lay in it!
U.S. Economy - The Government Has Made Things Worse [View article]
Its easy to sit and criticize the president. Its easy to offer nothing but discouraging words and blame. The problem began long ago under a republican administration that took the USA off the gold standard at a place called Bretton woods. The problem was compunded further by captains of industry who fort the sake of "Profits today!" and "Damn tomorrow"! decided to take American industrial strength overseas.These people are traitors to the USA and theiir memories should be joined with Benedict Arnold and Tokyo Rose. Please spare the readers the critiques of a president who is doing a good job and trying to keep families together. Pro business politicians have utterly destroyed this country. Do not be so mean spirited as to deny the unemployed weekly extensions.Please do not claim that people have no incentive to work . That is utter hogwash.The USA as we all know it will change forever torn assunder thru petty bickering and internal strife - unless the public wakes up and demands excellence from its leadership at all levels!
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Latest | Highest ratedWhy Crude Will Reach $100 / Barrel [View article]
China Awash in Liquidity [View article]
The Shanghai market price valuation is not based on sound or shrewd investments from the average hardworking Chinese person-rather it is based on government manipulation via banks .
The Chinese can only buy so many commodities and make so many forced loans to an already over produced market.before the music stops and they realize there are no chairs left to sit in.
Let the west watch and learn when the music stops in China the mad dash for the exits in the western markets will be swift and devastating!
Today in Commodities: Dollar Doom? [View article]
I agree with you natural gas will go up by September.I also believe the "soft " dollar will contribute to renewed strength in the commodities markets.
I think they are a few aggie companies that act as a "canary in the coal mine " as far as the spx goes . I will monitor these companies watching for a possible fall correction.If we do see a major correction in the marketes in the fall I dont think natural gas will go up all that much if at all.
g/l - good trading to all.
Gold Stocks Set for Big Advance [View article]
Let the buyer beware. The old addage "Buy low sell high", should be remembered now about gold.
Buffett's Worrisome Economic Indicator: Railcar Loadings Continue to Decline [View article]
U.S. Economy - The Government Has Made Things Worse [View article]
The problem began long ago under a republican administration that
took the USA off the gold standard at a place called Bretton woods.
The problem was compunded further by captains of industry who fort the sake of "Profits today!" and "Damn tomorrow"! decided to take American industrial strength overseas.These people are traitors to the USA and theiir memories should be joined with Benedict Arnold and Tokyo Rose.
Please spare the readers the critiques of a president who is doing a good job and trying to keep families together.
Pro business politicians have utterly destroyed this country. Do not be so mean spirited as to deny the unemployed weekly extensions.Please do not claim that people have no incentive to work . That is utter hogwash.The USA as we all know it will change forever torn assunder thru petty bickering and internal strife - unless the public wakes up and demands excellence from its leadership at all levels!