Wall Street Breakfast: Must-Know News [View article]
He will do what his advisors tell him to do, how many African Americans are among his advisors?
My guess is that his cabinet will be all white with the possible exception Of Colin Powell.
Personally I hope he stands up for himself and lives up to some promises. Otherwise, the Democratic business as usual will only last til the next election. Nov.,2010
The Brightest Stars in the Commodities Boom, Part Two [View article]
An earthquake hits a major US city. Eveyone bails on All Insurance stocks. All Markets go down simultaneously, not because anything fundamental has changed, but because the Insurance Companies sell whatever they own that is liquid to raise money for the coming Liability Tsunami.
Financial Institutions have their own Tsunami on the near Horizon. They have moved Billions onto Level 3. But Accounting Regs. have not been changed and "Mark to Market" is looming. How to raise money while saying everything is HunkyDory, Dump whatever you can but be as unobtrusive as possible. Blame the moves in all the Markets on Speculators.
Use rallies in stocks to sell and accumulate hard asset stocks as they drop.
The Bejing area is off limits in China currently because of the Olympics. Once they are over, industrials in the area will restart and commodity consumption will increase. Do not look for a slowdown in reconstruction areas, Earthquake/snow/flood for the foreseeable future.
There is no commodities bubble.....just because prices are up does not a Bubble make....
Except for OIL, all...ALL of the other commodities rely on energy for extraction...from infrastructure to mining and transportation or irrigation, fertilizer and transportation...The prices of commodities are all dependent on the energy costs involved...
Oil is not in a Bubble either...there is plenty of oil...unfortunately, most of it is curently unuseable. WTI is the US contract quoted...that particular grade HAS Peaked...Oil Sands/shale oil are not the answer if our refineries can not refine them...We need multiple state of the art refineries throughout the USA...they should be free of EPA regs until they are up and running....NO fines allowed until after the Fact and then time to make alterations if needed.
Use National Emergency, Emminent Domain, whatever...to make it happen. Any State that protests will not be a recipient of the refined products after the Fact...share the pain or forget the gain.
The Saudi's were our friends...very past tense...They no longer feel threatened by Iraq...Saddam's departure ensured that they no longer had to abide by our rquests.
Speculators do have an influence on trading...but they do not, as a norm, take physical delivery....inventorie... of most commodities are severely depleted...It takes years to replace them.
Natural Gas inventories are now near 4 year lows...are the speculators taking delivery??? How long will it take to bring the new fields on line? Who has the excess refining capacity to handle the additional amounts coming online...No new refineries here, lots in the emerging markets...
The US is screwed by the shortsightedness of its politicians...
Will Terra Industries Become a Leader in Clean Diesel Technology? [View article]
Filters for instance?
Wall Street Breakfast: Must-Know News [View article]
My guess is that his cabinet will be all white with the possible exception Of Colin Powell.
Personally I hope he stands up for himself and lives up to some promises. Otherwise, the Democratic business as usual will only last til the next election. Nov.,2010
Wall Street Breakfast: Must-Know News [View article]
He has managed to convince the African American community that he is one of them. 20% African does not make him an African American, not even close.
If he follows his heritage, it will be his white heritage, 80%.
Get used to it, you've been had.
The Brightest Stars in the Commodities Boom, Part Two [View article]
Financial Institutions have their own Tsunami on the near Horizon. They have moved Billions onto Level 3.
But Accounting Regs. have not been changed and "Mark to Market" is looming. How to raise money while saying everything is HunkyDory, Dump whatever you can but be as unobtrusive as possible. Blame the moves in all the Markets on Speculators.
Use rallies in stocks to sell and accumulate hard asset stocks as they drop.
The Bejing area is off limits in China currently because of the Olympics. Once they are over, industrials in the area will restart and commodity consumption will increase. Do not look for a slowdown in reconstruction areas, Earthquake/snow/flood for the foreseeable future.
Commodities: Bubble or Not? [View article]
Except for OIL, all...ALL of the other commodities rely on energy for extraction...from infrastructure to mining and transportation or irrigation, fertilizer and transportation...The prices of commodities are all dependent on the energy costs involved...
Oil is not in a Bubble either...there is plenty of oil...unfortunately, most of it is curently unuseable. WTI is the US contract quoted...that particular grade HAS Peaked...Oil Sands/shale oil are not the answer if our refineries can not refine them...We need multiple state of the art refineries throughout the USA...they should be free of EPA regs until they are up and running....NO fines allowed until after the Fact and then time to make alterations if needed.
Use National Emergency, Emminent Domain, whatever...to make it happen. Any State that protests will not be a recipient of the refined products after the Fact...share the pain or forget the gain.
The Crude Oil Price Disconnect [View article]
Speculators do have an influence on trading...but they do not, as a norm, take physical delivery....inventorie... of most commodities are severely depleted...It takes years to replace them.
Natural Gas inventories are now near 4 year lows...are the speculators taking delivery??? How long will it take to bring the new fields on line? Who has the excess refining capacity to handle the additional amounts coming online...No new refineries here, lots in the emerging markets...
The US is screwed by the shortsightedness of its politicians...