LJ

Only These Three Things Can Halt Oil's Advance

There is plenty of evidence that oil exploration or mining activities can induce man-made earthquakes. The most recent example was the little known earthquake in Germany caused by coal mining (see the following link). The mainstream scientists may argue against this. Whether they agree or not, it is unwise to risk our lives and our future in favor of the economy.

www.planetark.org/dail...

OPEC Signals U.S. Rally

There is a reason to believe that the global oil production has already reached a critical limit, as predicted by Marion King Hubbert. There will be some oil deposits in some unreachable depth, but beyond this limit, the amount of energy required to process the oil into a combustible fuel considerably exceeds the amount of energy produced by the oil.

How Commodity Prices Are Hurting Global Economies

The agricultural commodity prices depend not only on monetary policies, but also on weather. Right now, many farmers in China or Vietnam earn no more than US$15 per day. With such a low income, they have to work continuously for three years before they can afford an Apple computer. This is unfair not only for them, but also for any international company wishing to expand its presence in the developing economies.

I believe we are living in a different era. Perhaps, it is a time for the low-paid farmers to get rich.

We've Got Oil

Remember, oil is not exclusively traded in dollar only. Even if dollar falls, oil priced in Philippines peso has not risen very much.

Why Commodities Are Likely to Struggle in 2008

Are you saying that all those who are long commodities are speculators and those who are short commodities are good guys?

How about those central banks determined to dump dollars and buy gold? What about the country whose gold reserve holding was up by 2.8% in the 1st quarter?

Don't forget that the commodity prices suddenly dropped right at the time of the interest rate announcement. The US has been running into platinum deficit for many years. Do you think the collapse of this so-called "commodity bubble" will end you up with more platinum?

Burst Bubble? Commodities' Long-Term Story Remains Intact

The commodities market experienced a similar correction in June 2006. During that time, Goldman flooded the market with $6 billion worth oil futures (i.e. paper oil), pushing down the oil price from $70/barrel to $48/barrel.

$200 Oil - Who's Going to Pay For It?

I think these big guys are short oil & gold. According to my source, they started shorting before the last Christmas. At the same time, they bought up the American technology stocks.

Commoditizing the 'Decoupling Theory'

Also, according to the following article, the interbank lending rates in Asia remains low. There is no sign of liquidity crunch in the Asian economy:

news.google.com/news/u...

Two Explanations for Surging Oil Prices

Don't forget that dollar is now falling like snow. You cannot keep buying goods from other countries at a discount, while your print press is still operating at full gear. It is very unfair for other countries whose currencies are undervalued.

Most Commodities Currently Overbought, Led By Gold

I think you are wasting your time to use your TA to analyze platinum. There simply isn't enough platinum available.

If you said tofu is overbought, then I won't argue with you.