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SanDiegoNonSurfer

SanDiegoNonSurfer
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  • Daily State Of The Markets: Why The Dive? [View article]
    "fear of a geopolitical event involving Saudi Arabia"

    More like fear of a geopolitical event involving Saudi Arabia and Iran that threatens to erupt into much wider violence. I think we'll avoid that, but the market always hates uncertainty.
    Mar 26, 2015. 11:06 AM | Likes Like |Link to Comment
  • Yemen turmoil has oil challenging $50 per barrel [View news story]
    "I find the excitement on bullish oil idiotic"

    It's still low. WTI is only about $50bbl.

    High or low oil prices are less important than predictable oil prices. Business in general can live with either high or low as long as they can make plans with some confidence about where it will be in the near future.

    Saudis have been asking for a global oil-price stability council. I think it's a pretty good idea, actually.

    Meanwhile, there's the futures market. You might want to put on hedges when price drops back down.
    Mar 26, 2015. 10:47 AM | Likes Like |Link to Comment
  • What Does It Mean For The Natural Rate Of Interest To Be Negative? [View article]
    "You might...think: 'Sure the natural rate of interest can be negative, we just have to assume that the rate of time preference is negative.' While, this might mathematically be true, it would seem to imply that people value the future more than the present. Does anybody believe that to be true?"

    That's the whole point, isn't it? If one believes that prices are falling rather than rising (broad deflationary pressures), one would rather have a dollar in the future than a dollar today, because in the future, that dollar will buy more stuff.

    If you fix inflation at zero (as you appear to have done), then you can create a seeming paradox. Try removing that constraint and allow for negative inflation.
    Mar 26, 2015. 12:29 AM | 2 Likes Like |Link to Comment
  • Yemen turmoil has oil challenging $50 per barrel [View news story]
    "we import 7 million barrels of crude oil daily"

    Much of that is not for use in the U.S. U.S. has superior refining technology (although China is closing the gap), so a significant portion of the world's heavy crude gets refined here then shipped out to other lands.
    Mar 25, 2015. 11:04 PM | Likes Like |Link to Comment
  • Daily State Of The Markets: A 'Sheer Misery' Market Defined [View article]
    I liked how that Thought of the Day was tucked into the morning's review :-)
    Mar 24, 2015. 11:37 AM | Likes Like |Link to Comment
  • Lumber Liquidators Is Evil [View article]
    Gasoline is extremely hazardous -- to breathe, to touch, to ingest. Don't see many refusing to use it though....

    Ethanol -- the intoxicating ingredient in wine and beer -- causes liver and brain damage. Funny how we don't see many folks up in arms about Evil Beer.
    Mar 24, 2015. 12:07 AM | 1 Like Like |Link to Comment
  • Lumber Liquidators Is Evil [View article]
    "When you burn materials such as natural gas, wood, gasoline or tobacco, formaldehyde gas is released. Formaldehyde in small concentrations is a normal part of our environment. Outdoor air levels are usually between 0.002 to 0.006 parts per million (ppm) in suburban areas."

    Source:
    http://bit.ly/1Ou0qIa
    Mar 24, 2015. 12:03 AM | 1 Like Like |Link to Comment
  • How Does UVXY Work? [View article]
    "UVXY is like a loaded gun, effective when used at the right time, but dangerous if you leave it lying around."

    Love that :-)
    Mar 23, 2015. 11:54 PM | Likes Like |Link to Comment
  • National Bank of Greece (NBG) Q4 2014 Results - Earnings Call Transcript [View article]
    I did a quick trade in early Feb, buying fortuitously at the low but jumping out at 1.59, well below the $2+ peak. Sold on news the ECB was withholding funds. Got back in last week. Don't know enough about banking to do a good analysis of the E.R. I just think, no matter the rhetoric, odds are against a strategic NATO nation being allowed to fall into economic chaos.

    GL to All!
    Mar 23, 2015. 08:33 PM | 2 Likes Like |Link to Comment
  • SolarCity Making Storage The Hot New Trend In Solar [View article]
    "I was a bit confused by your original statement"

    Yeah, my bad. I see people proclaiming the coming fuel cell revolution so often that I just reflexively responded as if to another "fuel cells will solve everything" comment.
    Mar 22, 2015. 04:25 PM | Likes Like |Link to Comment
  • SolarCity Making Storage The Hot New Trend In Solar [View article]
    "solar cells...30 years"

    That was a mistyping. I meant fuel cells. As for putting PV's on the car itself w/o a battery, you can't accelerate without stored energy. And the (aerodynamic) drag would be significant.
    Mar 22, 2015. 04:18 PM | Likes Like |Link to Comment
  • SolarCity Making Storage The Hot New Trend In Solar [View article]
    "I understand that PV systems in Australia can be had for as little as $1/watt installed....why solar PV is so expensive in the USA?"

    Maybe it's not expensive in the USA, just cheap in Australia thanks to subsidies. From your own link: "All prices in the table below include the federal STC incentive which installers ordinarily include in final system prices. GST is also included."
    Mar 22, 2015. 03:03 PM | Likes Like |Link to Comment
  • SolarCity Making Storage The Hot New Trend In Solar [View article]
    U.S. Military has been using microgrids for years. It's not a new technology in the U.S. either.
    Mar 22, 2015. 02:53 PM | Likes Like |Link to Comment
  • SolarCity Making Storage The Hot New Trend In Solar [View article]
    "Easier solution. Solar cells"

    Solar cells have been "in the making" and "on the horizon" for 30 years. Suggest you not hold your breath. Inductive charging is real.
    Mar 22, 2015. 02:51 PM | 1 Like Like |Link to Comment
  • SolarCity Making Storage The Hot New Trend In Solar [View article]
    "Solution - SpaceX - The Mining and Colonizing of space where rare earth elements are abundant"

    Transport costs would kill you there. The real solution is to eliminate the battery. It's ridiculous to lug a heavy battery everywhere you go. The electricity should come (inductively) from the roadway. Eventually, it will.
    Mar 22, 2015. 12:10 PM | 2 Likes Like |Link to Comment
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