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Mav, I only see a blank space too.

That guy 777 has to be the most stupid guy on ET. He Knows shit about the industry pal. He said that the Floor need to be closedf down But he ignores that the WTI is the cheaper crude grade thanks to the speculators. The same with Metals. There are 86 metals out there, only 13 of them trade in...

You just hit the nail!. Marc Rich, the greaters and most powerfull physical trader ever existed lost his company (glencore) trying to corner the Market in 1992. The WTI went from 145 to 34 at the same time the USD/EURO went from 1,66 to 1,20. Yes, the Indexes and ETF play a big role in the...

I know Pete. He trade from the Lightspeed trading room in NYC. Lightspeed only offer a 4x1 trading margin and a very low commision. Pete is a a Young Multi Millionaire trader and have a huge trading account (must be over 5 mm at this time) His brother Serge manage a fund named Ronin Capital...

US dollar. The most powerfull oil/food especulator in the world is the FED.

Lol I agree with you. But I was talking because the perception I have that this man have a lot hate deep inside him, I think that Obama is more dangerous for us and the world. Take a look at history on how Dems presidents react in a world crisis. Everybody think that Obama is Soft. Im not so...

Make no mistake pal. Obama is not a weak man like Jimmy Carter. Experience show that "quiet guys" like Obama can be more dangerous than guys like W Bush.

Nice blog man. I really like the new look.

I doubt if the amount of SDRs will ever rival the dollar, euro or yen. Far from becoming a separate international currency, the SDR will remain a derivative of the dollar and a few other major national currencies. The IMF has since 1970 issued only 21.4 billion SDRs, worth $32 billion at...

The Truth is that since the beginning of XX century 90% of the most successful traders in history were/are spreaders. (on the floor or upstairs).

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/8313966/Deutsche-Borse-and-NYSE-Euronext-in-talks-to-create-TransAtlantic-powerhouse.html

In late 2008 we got -9.50 on the nearby intra-month spread as I remember. And the June or July vs December of that year trade between -24.00 / -26.00

Great Post!

76 percent of the U.S. is White (European-American) and they committed only 29.5 percent of the murders. On the other hand, Black and Hispanic minorities combined constitute 21 percent of the population, yet they committed a staggering 68.7 percent of the murders in the U.S. This means, on a per...

Washington have no friends, just partners.

Actually he was a Left wing Nut. And a Big Fan of Communism Manifiesto and Mein Kampf. Two of the biggest left wing books. http://www.nytimes.com/2011/01/09/us/politics/09shooter.html?pagewanted=2&_r=2&hp

Bingo~!! Great post. At least somebody who understand the reality.. Its amazing that most people don't understand that the Only reason Oil is trading at this level is because the FED and Nothing else!!!!.. The cash basis spread is trading at the same level of the wti and brent futures. Also...

London is the physical trading capital of the world. Chicago is by far the futures trading capital of the world.

Well said (as usual)..