Search results

BTW, I find the following EIA table interesting. http://www.eia.doe.gov/emeu/steo/pub/3tab.html Worldwide oil stock balance is in negative territory now. From now on price of oil will be very volatile. Best of luck.

From the EIA report, I find the first 2 lines under Crude Oil Stock very interesting. In essence, although crude oil stocks are up 9.7%, yr to yr, total motor gasoline output is down 3.7%. Could it be that the quality of the crude is such, --lower, that this crude is yielding less...

I'm having trouble getting the chart up. I'll be back.

I agree with you, inventories go up (and prices come down) around October most of the time, although, a bad year tends to shorten the summer leg, bringing inventories of crude to satisfactory levels somewhat sooner. Take a look at the 2001 year for crude inventory levels, and you will see my...

Drop whatever your smoking!

We may go a little ways up... maybe $68. But, summer is over... seasonality says we go down. Inventories are piling up. The economy is stalling in my view... worldwide. I don't believe a word of what the chinese are saying, they're lying. I think coyote hasn't realized he's walking on...

First, a couple of personal views. Evidently, with very low rates, such as the ones the US govt was able to get for treasuries --which by all means was a true miracle. But, miracles go so far... so the Fed wisely realized the long bond would make no sense, --wouldn't sell in this low rate...

Hope you guys enjoy this link: http://online.wsj.com/public/article/0,,SB112195421057192103,00.html

A couple of things to add: The 2% revaluation may be minute, but, it's a major change in policy. The Yuan's revaluation, which is really a small first step in releasing the US from the chinese low wage iron ball chain, ugly as it seems, is the best (only) way out for the US economy...

I'm not saying do it right now. But, why not sell US$ when the time comes...?

Would you mind explaining? Thanks. I like this explanation from Bloomberg: " Oil jumped more than $1 in the days after the Sept. 11, 2001, terrorist attacks on New York and Washington before falling for the rest of the year as travel and the economy slowed. Prices have more than tripled...

I think you hit the nail in the head! Currency devaluations come about to lower wages to boost competitiveness, and hence, sustain or increase employment. It is political suicide for most governments to allow their economy to falter: which is reflected by an increase in unemployment or wage...

Lesson #2: Next time, check your references before throwing mud at anybody... You don't hide behind somebody's sayso...

$64+ within a month.

Interesting read, in particular, Roach and Xie: http://www.morganstanley.com/GEFdata/digests/20050531-tue.html

Maybe it's too many dollars out there... http://www.marketwatch.com/news/story.asp?guid=%7BCA055EEA%2D25C4%2D454C%2DA9AF%2D8D0F8F0C3E65%7D&siteid=mktw&dist=

EU is going to solve this problem in Brazil? I think not. http://www.marketwatch.com/news/story.asp?siteid=mktw&dist=morenews&guid=%7BEF682C7E%2D5DBF%2D46FE%2D8B1C%2D4C9C45D74DD1%7D

Couldn't avoid it. Using the EU is going to fix the Brazilian economy? But, it ain't possible due to the ethnic differences?? LOL!! I'll use part of the statements posted to illustrate the fallacies involved in the currency solution: As the previous paragraphs from The Economist...

a temporary little slowdown?? I wonder what the CEO's at FEDEX, airlines, Boeing would think about your comment? Truckers? Chemical industry? The guys at the gas station? The old ladies during the winter months? Electric utility plants? And, the look on the face of the...

Interesting reads: http://www.businessweek.com/bwdaily/dnflash/jun2005/nf2005063_0591_db016.htm http://www.businessweek.com/@@8Mv9KmUQxFAEdhMA/premium/content/05_24/b3937029_mz007.htm