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blueice

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  • Crude Oil Is Trapped In A Bear Raid; Not Its Fundamentals [View article]
    Currant, thank you for the kind comment.

    What it means is essentially that the goo markets are resetting
    the price points and it is being driven by fundamentals rather than
    just a bear raid.

    The price point for crude has far exceeded it's real value, IMHO...Nevertheless, it was needed to drive production higher than
    world consumption.

    The spread between production and consumption had all too long favored
    the former..This resulted in triple digit oil...

    For the foreseeable future, this is over and done.
    Jan 7, 2015. 10:37 AM | 1 Like Like |Link to Comment
  • Offshore Drillers: Is History A Guide? [View article]
    PP, thank you for your reply!
    Jan 7, 2015. 10:20 AM | Likes Like |Link to Comment
  • Why Saudi Arabia Doesn't Care If Oil Hits $20 [View article]
    Future, axe the Bakken E&Ps if they are receiving world crude
    oil prices.
    Jan 7, 2015. 09:07 AM | Likes Like |Link to Comment
  • Russian Roulette: Taxpayers Could Be On The Hook For Trillions In Oil Derivatives [View article]
    Jason, you are very articulate but I was referring strictly to the coupon rate.

    Thanks to the FBR, the bond markets have been a "screaming out performance" nevertheless, with each drawup you also have drawdowns
    as my decade of being fully invested in bonds has taught me.

    You are correct that short term savings are not riskless but then neither
    is the long term.
    Jan 6, 2015. 06:56 AM | Likes Like |Link to Comment
  • Russian Roulette: Taxpayers Could Be On The Hook For Trillions In Oil Derivatives [View article]
    Jason, correct me if I am wong, but during QEs were not the banks
    REQUIRED to sell their higher yielding bonds and MBS?

    So the Bank of Bernank acquires higher yielding instruments and in
    return for reserves offers the banks 1/4 of a percent.

    Not to difficult to earn either a profit or income from dat scheme.
    Jan 6, 2015. 06:45 AM | 1 Like Like |Link to Comment
  • Oil Doomsayers Were Wrong In 2009: 4 Reasons Why They Are Wrong Now [View article]
    Marek, excellent post! I agree on all points, including Rubbentrap.
    Jan 6, 2015. 06:32 AM | Likes Like |Link to Comment
  • Oil Doomsayers Were Wrong In 2009: 4 Reasons Why They Are Wrong Now [View article]
    Log run, UKraine is no Poland or Austria-Hungry for that matter.
    Jan 6, 2015. 06:25 AM | Likes Like |Link to Comment
  • Oil Doomsayers Were Wrong In 2009: 4 Reasons Why They Are Wrong Now [View article]
    Long run, there must be a lot of UK rain e on this board.
    Jan 6, 2015. 06:23 AM | Likes Like |Link to Comment
  • Oil Doomsayers Were Wrong In 2009: 4 Reasons Why They Are Wrong Now [View article]
    Y, good points..I, too, have been of this opinion; however, the real
    question is whether E&Ps can reduction expenses more than the
    decline of goo.

    Eventually, there will come a point of no return; in more ways than one.
    Jan 6, 2015. 06:22 AM | Likes Like |Link to Comment
  • Crude Oil Is Trapped In A Bear Raid; Not Its Fundamentals [View article]
    This bear raid is turning worse by the week, as salmon holders are
    being devoured...It is the hibernation season, yet well organized packs
    of bears are raiding any and all caches.

    There is no place to hide or run, as these four legged creatures rip
    shareholders' limb from limb until there is little discernible assets left.

    And even more frightful is that spring is coming and more bears will take to
    the field, hunting down the remaining survivalist.

    The plains will be covered with skeletons of the fallen, with spring flowers
    providing a stark contrast between the dead and the living.
    Jan 6, 2015. 06:12 AM | Likes Like |Link to Comment
  • Ecopetrol Looks Very Oversold Vs. Integrated Peers [View article]
    Timely report, Mr Banser! This firm has been on our radar for nearly a year.

    Even with a reduction of 50% of the divvy, it would yield a fat 7%.

    I am concerned with Mr Dixon's post, regarding their control of the
    domestic market and their lack or willingness to lower petrol prices.

    This explains to a degree, the company's high operating margins; good
    for shareholders bad for the national economy.
    Jan 6, 2015. 05:43 AM | Likes Like |Link to Comment
  • Why Saudi Arabia Doesn't Care If Oil Hits $20 [View article]
    Thank you both David and Dave!
    Jan 5, 2015. 04:05 PM | Likes Like |Link to Comment
  • Oil Doomsayers Were Wrong In 2009: 4 Reasons Why They Are Wrong Now [View article]
    Thank you, Mr Leopard!
    Jan 5, 2015. 03:29 PM | Likes Like |Link to Comment
  • Russian Roulette: Taxpayers Could Be On The Hook For Trillions In Oil Derivatives [View article]
    Pedal your low inflation story to struggling retirees, whom used to
    earn 4 or 5% interest on their passbook savings account.

    Oh, let's not forget pensioners whom placed all of their holdings
    into a bond fund, which returned 6 to 8 percent or more.

    All of these poor souls are living closer to the edge of poverty
    thanks to Greenspam and the Bank of Bernank...They will certainly
    understand their sacrifice for the US Treasury Department and
    America's low rate of inflation.
    Jan 5, 2015. 11:57 AM | 1 Like Like |Link to Comment
  • Russian Roulette: Taxpayers Could Be On The Hook For Trillions In Oil Derivatives [View article]
    Jason, there was TARP and QEs, of which you did not clearly spell out
    were the money came from...TARP, was lucky to recovery all of the monies
    spent..

    The monies paid to the treasury came from the FRB, through the course
    of QEs; which was made possible by FedZero...Banks were willing to
    (or encouraged) to trade notes and bonds in exchange for 25 bases points.

    The spread to the Fed was large because they brought interest rates to ZERO;
    thus destroying (***) income from savers and retirees.

    Your 1/2 trillion claim is WONG and there is no free lunch..Whatever the clever
    Fed made in interest came at a cost to someone else.
    Jan 5, 2015. 11:02 AM | 1 Like Like |Link to Comment
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