Recent content by BSD50years

1955-That was the year, as a H.S. freshman..my history teacher said " the world supply of oil will deplete by 2000". A statement although not entirely true ..the gist of which is the economic imperative by which the oil cartel will not allow us to move on to an alternative energy until they have...

The question is when will it bust?I don't want to sound like a know it all. God knows I have lost millions of my own when I was much younger in my own acct. at M-L as a broker. Once, 1.3 mm in 15 minutes,in a limit move.However my assets are better protected now as I have worked in 71 nations...

After the Civil War.JD Rockefeller and friends(Henry Flaggler ) manipulated grain markets since the South was a non productive farm belt. Grains doubled,bucket shops flourished.I remember pre-oil options.and1986 when the US mint needed copper (for pennies no less)which went from.60 to $1.27, the...

There are numerous factors in Oil pricing. Control of any major factor is a detriment to fair and honest pricing. I was in Romania for 4 years . They use propane and petrol. We have vast supplies of NG(natural gas )which can be either liquefied or used as is under pressure. Advantages: , 100+...

When I began my 50 + years on the street it was as a series #3, although no formal test was required. It was apparent to me the regulators were low wage govt. hacks that were angling for future positions with the very people they were commissioned to be"regulating".Commodities has a long and...