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  • Wall Street Breakfast: Euro Drops To Fresh 11-Year Low [View article]
    Ya - but those that want to look cool and sophisticated go their wearing a scarf, sipping on one of their overpriced beverages while pretending to look busy on their cell phones or lap tops. ;-) LMAO
    Jan 23, 2015. 09:55 AM | 5 Likes Like |Link to Comment
  • U.S. oil inventory highest in 80 years; crude drops below $47 [View news story]
    People are story it to sell 6 months from now on fixed deals so what did they expect??? Shrinking inventories!!!!!!
    Jan 22, 2015. 04:37 PM | Likes Like |Link to Comment
  • Wal-Mart Canada to add 11 supercenters in Canada [View news story]
    Target wimped out after two years. To bad as they had some very good locations and did a good job on store layout and design. Big problem was that they blew the launch and totally miss read the Canadian market, and their distribution network has major issues. These things were all fixable but would have required a big focus on marketing and product pricing as well as fixing the distribution network. They have a lot of good locations so I am surprised that we have not heard anything from another retailer looking to pick most of these up. All that would be required is some cosmetic changes to re brand the locations. In the mean time Walmart and others take over the spoils!! JMO
    Jan 22, 2015. 04:34 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: ECB Poised To Launch Quantitative Easing [View article]
    "Google is getting ready to "sell mobile phone plans directly to customers " Great! going to do this world wide I hope!!! I am tired of dealing with the crappy telco's and their lousy and expensive service!!!!
    Jan 22, 2015. 10:21 AM | 3 Likes Like |Link to Comment
  • Senate Republicans block amendments to Keystone bill [View news story]
    With Keystone, it really is time for Obama to make a deal as if he wants to accomplish anything in his last 2 years he needs to start making some deals. The petroleum coke by-product that some are whining about is actually a useful commodity that is sold to other companies.
    Jan 21, 2015. 10:16 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Gold Rises Ahead Of ECB Meeting [View article]
    If Obama wants to accomplish anything in his last 2 years, he will have to start making some deals. Keystone would be a good starting point! As for the petroleum coke some are trying to make such a big deal out of - its a useful by-product that is sold to other companies.
    Jan 21, 2015. 10:10 AM | 3 Likes Like |Link to Comment
  • Natural Gas: It Is Alive, But For How Long? [View article]
    Something tells me the so called "dark pool players" are pounding nat gas down as they build positions. A lot of nat gas was produced by oil drillers and with the rig count in decline, this will have an impact on nat gas. When you couple that with increased usage by power plants and all sorts of industry and LNG exports slated to start at the end of this year with more to come, I can't see nat gas doing anything but going up from these levels. Stocks like CHK and ECA are now in bargain territory!!! JMO
    Jan 20, 2015. 04:23 PM | 2 Likes Like |Link to Comment
  • ArcelorMittal to sell sole Russian asset [View news story]
    Something tells me they took a bath on that sale! No wander they are not telling. Russia is not exactly a good place for western companies to do business as i seems that for every one that can make some money, 10 get fleeced!! JMO
    Jan 20, 2015. 04:16 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: China Posts Slowest Growth In Decades [View article]
    The only group that the government can tax and actually end up with more money collected is the middle class and so what they do is call it a tax on the wealthy when in fact most of the tax collected will come from the middle class. One big sham to fool the American people.
    Jan 20, 2015. 08:35 AM | 27 Likes Like |Link to Comment
  • Money Dries Up For Oil And Gas, Layoffs Spread, Write-Offs Start [View article]
    The nut bars disciples have their marching orders - go forth and post junk everywhere!!!! ;-)
    Jan 19, 2015. 08:56 PM | 3 Likes Like |Link to Comment
  • Money Dries Up For Oil And Gas, Layoffs Spread, Write-Offs Start [View article]
    It was the coldest winter and coolest summer in a long time for a lot of North America so you can take it from there! As for the recent reports - if they are from the Greens or similarly biased organizations, credibility = zero.
    Jan 19, 2015. 08:52 PM | Likes Like |Link to Comment
  • Bakken Update: 2015 Oil Prices Are Key To Bakken Rig Movement [View article]
    Trying to survive and even prosper in a low oil price environment by moving to better areas works provided you have acres in these areas or at least can by drilling rights at reasonable costs. In this environment though everyone gets the same idea with respect to high grading or moving to better areas and so unless you already have the acres, it may not be possible. One would need to focus on companies that are already holding the prime land.

    Jan 19, 2015. 05:44 PM | 2 Likes Like |Link to Comment
  • The Swiss National Bank's Move And What It Means For Gold Investors [View article]
    First of all, Currency pegs or what ever you want to call them are nothing more than some entity trying to manipulate the market. Over the short term they have some effect but over the long to medium term they never work.
    So really, all that this decision to abandon this currency peg really means is that the Swiss came to the conclusion that it was costing them a lot more than they were gaining and that it was time to throw in the towel. Yes the impact of upcoming Euro QA may have been the straw that finally broke the camels back.

    That's the long and short of it IMO.
    Jan 19, 2015. 10:39 AM | 3 Likes Like |Link to Comment
  • Cheap Oil Prices Do Not Benefit The Economy [View article]
    for every person or company the drop in oil prices impacts negatively you have 100 plus people or companies impacted positively. It may be bumpy but the overall impact is IMO positive. Even when oil prices do come back, I suspect that the Saudis and their allies will work to keep them from rising above $80 per barrel. They have seen the writing on the wall with respect to the impact of shale production and alternatives to oil when the price of oil gets to high. They want to get as much as they can and for as long as they can for their oil and this means 100 plus oil is history for a long time to come (barring any major disruptions to supply). $60 - $80 oil should in the long run provide the balance that they are looking for. JMO
    Jan 19, 2015. 10:29 AM | 15 Likes Like |Link to Comment
  • Oil the big macro theme at Barron's Roundtable [View news story]
    For every person and company that is impacted negatively by low oil prices, you get 100 or more that are impacted positively. There will be a transition but overal its a positive. Even if oil comes back up to between $70 and $80 per barrel (which I expect that it will over the next year or so and ideal for the market in general), the net impact will be a positive.

    Jan 17, 2015. 09:15 AM | 5 Likes Like |Link to Comment