bruc2y

A Sloppy 60 Minutes Segment on Oil Prices

100% of futures contracts result in delivery. Look it up in Wikipedia, en.wikipedia.org/wiki/..., or at the market that trades them - NYMEX I think.

So who was that guy trying to mislead us? There is good hard data showing supply/demand rules the markets.

But, the scapegoat must be created and then squelched, by Congress if need be (so someone can take advantage of it, of course). By the time the mistake is noticed, someone will have made off with the bucks. As usual. There is nothing new under the sun.


On Jan 12 04:04 PM Guitanguran wrote:

> May I suggest another resource? Google Ed Wallace at Businessweek
> and read up. Until then, might I ask, what percentage of oil futures
> contracts during the upswing actually wound up being delivered?

Lower Gold, Copper Prices Could Negatively Affect Teck Cominco's Galore Stake; Won't Affect NovaGold's

Lower gold/copper prices?

Get your head examined, then read up on monetary economics to understand the creation of $$. Then you too can understand what inflation is, and why commodities must go up iin price. It's because the world's currencies are going down dude.

Four Shipping Stocks To Ride The Dry Commodities Boom

You are too late. Those of us that have been in the shipping stocks for the last four or more years know the fleet growth is outstripping the demand rapidly at this point. Look at the long term chart for WS spot rates, look at the FAA market (futures). Read the IV (www1.investorvillage.c...;pt=m)message board for FRO and get a good understanding of this industry. To quote one insider, working for a well-known shipping broker, "The valuations in the tanker stocks are astonishing, when the market is now, finally, on the cusp of the tonnage supply story manifesting itself, after passing through the 2002-inspired pause in deliveries in 2006. "

There is no substitute for doing your own research.