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Don't said something like that in front of Bruce Kovner, George Soros, Marc Rich, Tudor Jones, Eric Bolling, Bill Dunn, Andrew Serotta, Marco Dunand, John Arnold, Louis Bacon.

They will turn Gekko into some kind of socialist merchant like George Soros or something like that... And he will become the hero for this generation.

So UNG will lose money on every rollover with this contango. Papa is right 100% (as usual) on this subject. The contango for NG is very wide, Right now the spread between the near active July ($3.713) and the December 2009 contract ($5.787) a jaw-dropping $2,055! That's WAY TOO WIDE. Which, of...

If they want to emulate someone In international Trading for this secuel, they should go after Marc Rich and his real life huge trading web. Something like "President Clinton gave Gekko a chance for a third "do-over, and he flew to zug and started a Commodities trading web". from the...

http://agmetalminer.com/2009/05/29/will-cap-and-trade-cost-american-jobs/ An interesting article in the New York Times charting progress on the cap and trade greenhouse gas emissions climate bill explains how consensus has been maintained by the granting of free allowances to emitters to...

the author of that article is not lying (unfortunately). Just take a look at some participants here on EliteT, they sounds more marxist than Marx himself.

First of all, Hi, welcome to ET. I disagree with your statment. Those old enough to remember the gasoline crisis of 1979 may recall sitting in long lines of cars at filling stations, waiting sometimes for hours to reach the pump. This was one of the most common consequences of price...

You'r wrong again. Let's take NY state for example. Before the state deregulated electricity in 1999 and forced Con Ed to sell its generators, its prices were controlled by the state Public Service Commission. Now only the delivery charges are controlled by the state. The cost of...

The US produce about 8,3 millions barrels of oil per day, that's 50% more than Iran production levels, and Of top of that Iran have a predominantly heavy sour crude, rather than the light sweet crude that much of the world wants. production is falling in Venezuela, Iraq, Iran, Indonesia...

I just called a friend of mine who works for a Physical Oil trading company, He just told me that PDVSA was quoting 2 month ago a -$26 dollar per barrel basis below the ICE Brent and at the same Time, Glencore was quoting the same crude oil from venezuela at -$37 dollar per barrel basis. How...

The problem is that this industry is OVERregaluate around the world, Not the other way around. The level of regulations around those nationalize oil companies is what create this level of production/price inefficiencies since the late 60s' in the first place. You have to be naive or extremely...

Bump. This a very good thread.

Hope this helps. http://www.springer.com/economics/industrial+organization/book/978-3-540-79406-6 BT: Most of the big players I know in this industry rarely trade outrights, Almost every professional energy trader I know uses spreads , so most of them base their decision on fundamentals...

Yes I made a Mistake, I've read the Papa post fast cause i was working at the moment of my post and I bought the M/V spread. I apologize for my mistake

Great Call so far papa, the spread close at -.456

The Community Reinvestment Act is a United States federal law that requires banks and savings and loan associations to offer credit throughout their entire market area and prohibits them from targeting only wealthier neighborhoods with their services, a practice known as "redlining." The...

Govermment was the one who create this big mess. http://www.treas.gov/press/releases/reports/crareport.pdf the Carter’s Community Reinvestment Act of 1977 was regulated and its anti-redlining procedures were strengthened. The Administration effectively pushed for more investments, on the...

true

agreed

The African American community has become a national problem today, But let's be honest guys, We, the "white guys" are the greatest criminals in history.. Neron, Hitler, Trotsky, Lennin, Stalin, Roosevelt, Truman, Bush, Napoleon, every pope during the inquisition, Chiang Kai-shek, Mao, Fidel...