Recent content by Bailamos

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    Goldman Raises Year-End Crude Forecast by 31% to $85

    heard that other brokers have revised up the target, though not as high as Goldman. Barclays Capital is among the bull camp
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    Reuters: US to lose AAA rating!

    You have your points. In relative terms, US' debt was 66% of GDP but it's expected to increase to exceed 100% of GDP by 2010. This report said that US does have credit problem judging from fiscal deficit...
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    Natural Gas versus Oil

    do you mean Oil-to-gas ratio which is around 17 now? Although it's higher than historical level but seems natural gas deserves this discount as fundamentals remain so weak. Watch for the storage report today. Consensus is expecting between a 95-115 bcf injection.
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    U.K. Unemployment Less Than Forecast, BOE Says Slump Easing

    BOE may keep it monetary policies unchanged for sometime seeing the improvements! Btw, May's CPI came in above market expectation again, probably overshoot BOE's forecasts this quarter again!
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    Reuters: US to lose AAA rating!

    I don't think US will be downgraded though there have been many rumors about it recently. USD is the major reserve currency in the world. If US is downgraded, it will probably cause turmoil in the world market: USD selloffs, stocks tumble.... However, beward of USD's movement as investors are...
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