Seeking Alpha


Send Message
View as an RSS Feed
View kmi's Comments BY TICKER:
Latest  |  Highest rated
  • Oil slides near new lows [View news story]
    Also SA has lots of dollar assets that are benefiting in a dollar strength environment.
    Jan 26, 2015. 07:07 AM | Likes Like |Link to Comment
  • Google, Cablevision shake up cellular [View news story]
    Gotta watch out for Google, nothing it does isn't part of a larger grand plan. Google already has Android for devices and cars besides phones and desktops, one wonders if internet coverage it part of a wider strategy to be the glue through which all these things are connected, and what the implications for its future strategy are.
    Jan 26, 2015. 07:05 AM | 1 Like Like |Link to Comment
  • Google, Cablevision shake up cellular [View news story]
    Not in NY/tri-state area.
    Jan 26, 2015. 07:03 AM | Likes Like |Link to Comment
  • Greek stocks drop following election [View news story]
    Syriza is actually long term bullish for Greek ASE index. Economic activity has been crushed under Samaras' policies which have continued favored industry status to industries such as shipping which continue after all this to pay Zero taxes, while ignoring business environment reform. Tsipras putting money back in the hands of people will lead to economic activity and future growth.

    International observers just don't understand what is going on there. The most missed fact in what essentially was Greece's Revolution is that Tsipras isn't a pawn peon or member of the ruling class elites who have governed the country for the last 60 years. For Greece this election was epic, and indicates a pure break with a lot of history.
    Jan 26, 2015. 06:52 AM | Likes Like |Link to Comment
  • Iran could withstand $25 crude [View news story]
    $25 is the number the johnny-come-latelys throw around to sound like they knew this was coming but oil is pretty fairly valued at a 4 handle. Demand will perk up anywhere under $40... I agree this is fun to watch.
    Jan 20, 2015. 07:20 PM | 1 Like Like |Link to Comment
  • $3 milk next? [View news story]
    Anyone who owns assets of any type gets hurt in deflation since their value decreases.

    Deflation only benefits those without assets working paid-by-the-hour jobs and living hand to mouth.
    Jan 17, 2015. 04:09 PM | 1 Like Like |Link to Comment
  • $3 milk next? [View news story]
    Just like the 'inflation' of the last few years didn't really exist this deflation doesn't either. For the most part there's been a bubble (inflation) in commodities and production capacity which is reverting (deflating) but most of that occurred to and as a result of EM - not here. In other words, the collapse in prices will likely hit the export economies and EM hard and us not so much.
    Jan 17, 2015. 04:06 PM | 2 Likes Like |Link to Comment
  • Oil plunges below $45 [View news story]
    Around $40 its competitive on a btu basis with alternatives so thats a good strategy.
    Jan 13, 2015. 05:48 PM | Likes Like |Link to Comment
  • North Dakota rig count at lowest level since November 2010 [View news story]
    "When the market is wrong about prices, it's during fast, large moves."

    Absolutely right. But I've been watching people getting in since $80, looking for the bottom. And here we are in the mid $40s with the EXACT same arguments.

    The problem is crude has been artificially floated for so long people are looking at the wrong charts, and they think supply is the ONLY thing telling them where the bottom is. It isn't.
    Jan 13, 2015. 11:40 AM | Likes Like |Link to Comment
  • North Dakota rig count at lowest level since November 2010 [View news story]
    You people still don't get what's happening with oil.

    1) Dollar strength is still a thing.
    2) Deflationary winds... still a thing.
    3) Global economic slowdown... still a thing.
    4) Definancialization of the commodities markets as a result of new regulations coming into play... that's a structural long term change.
    5) Oil continues to be expensive on a BTU basis versus its alternatives, so energy source diversification... still a thing.
    6) Improvements in energy efficiency leading to a structural decline of demand growth... still a thing.

    I find it interesting that the theme in the comments here is "buy the dip and sit on dead, non-productive money because one day oil will go up again". Why not buy stuff that's earning returns today? Or are you guys still sitting in gold as well?
    Jan 12, 2015. 08:20 PM | 7 Likes Like |Link to Comment
  • Less-than-$50 oil will change the world, economists say [View news story]
    OIL is ENERGY. Energy doesn't just come from oil. Oil over $50 is expensive. When guys like you who don't understand what's going on here finally capitulate, it will be time to look for the bottom.
    Jan 7, 2015. 10:59 AM | 3 Likes Like |Link to Comment
  • Less-than-$50 oil will change the world, economists say [View news story]
    "They are a once-in-a-generation shock and will have huge reverberations."

    Ken Rogoff either has less than 10 years in the business, or is a complete idiot.
    Jan 7, 2015. 10:56 AM | 7 Likes Like |Link to Comment
  • Germany prepared to let Greece leave euro zone [View news story]
    chopc, the relaxation of trade barriers in Cuba will absolutely cause a lot of investment there due to pent up demand.... so.... maybe!
    Jan 7, 2015. 06:42 AM | Likes Like |Link to Comment
  • Gross: The good times are over [View news story]
    Sounds exactly like January.... 2014?
    Jan 6, 2015. 01:40 PM | 1 Like Like |Link to Comment
  • Is oil below $50 the new normal? [View news story]
    Vis a vis QE, this is one of the places Bernanke got it right: he said oil's upwards move wasn't related to QE and neither is its downward move.

    Although, of course, dollar strength and the end of QE is one of the many factors pressuring crude down. And by the way: for Saudis, dollar strength is a good things. Not so much for other producers. So SA has a lot more leeway than many observers think.
    Jan 6, 2015. 12:26 PM | Likes Like |Link to Comment