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Which service do you guys use for your weather predictions? I'd like to see something like this: http://blog.commodityweather.com/com_wp/wp-content/uploads/image/US%20min%20t.jpg

hows - 207 for ya? http://www.eia.doe.gov/oil_gas/natural_gas/ngs/ngs.html

Also, what say you about the current contango situation? A lot of people have been calling the technical bounce and short covering rally that we have seen in NG over the last week. I like this link here as a great explanation of the number of rigs vs life cycle and decline of production...

Shale Gas. Wells take less time to drill - Produce massive amounts of gas after fracing. vs. Traditional multi month wells in the foothills aimed at carbonates and sandstones. in 2000, 600 rigs were doing something completely different than the 699 rigs are doing today. Furthermore...

Theres so much mis information in this article. It's obviously written by someone who's NOT in the oil industry. What a joke. And then you get the typical idiots posting about abiogenic oil. Yeah... If it was that easy then why the F am I sitting on a rig in the north sea that...

and get this: Bank of Canada is OWNED BY THE TAXPAYERS!!!! But for some reason instead of lending money to ourselves, we still borrow money from private banks. WTF.... :confused:

Funny, my health care costs actually went down by 100% last year. (see The Alberta Government elminated Health Care Premiums in 2008.) :D

Yup. With the exception of Oil and Gold and the mysterious stock market that rallies 170 points into the close every day, what is actually inflating? It seems to me that the only things that are inflating are the vehicles people have chosen as 'Inflation Trades'.

A to the M F'in K Homeboy, A to the M F'in K

This.

Just to add onto this again. Maybe "HOARDING MONEY" was the right term to use. haha Lowest Libor Hides `Exceptionally Wide' Spreads by Banks Hoarding Deposits http://www.bloomberg.com/apps/news?pid=20601087&sid=aApb7uqQRqQw&refer=home

1.) You're comparing farm animals to banks. 2.) Banks don't have any money in the sense that the liabilities on their balance sheets far are much bigger than the assets.

wow That was balanced and informative.

The savings rate is rising. People are paying off debt. People are spending less. Business aka Banks are trying to improve their balance sheets and meet reserve requirements. I could quote articles from Bloomberg and CNBC, CNN, BBC, the Fed whatever, but I don't think that's necessary...

I think that's called 'Stab-Flation' :p Inflation only happens when real money goes out into the economy. None of the money the Fed is printing is going into the economy. It's all going into the sewer to repay all of the losses from the banks. The banks can't create more money or credit...

What about the destruction of the credit bubble?

You gotta do the reading and figure it yourself. :p

Why there will be a depression. Why the dollar will increase in value. Why there will be deflation. Why the fed printing money isn't going to cause inflation (well not yet anyways!) Why the whole way we think about economics and inflation is flawed...

piitb

http://www.cnbc.com/id/15840232?video=1117765210&play=1 I get the basics of this intangible asset 'goodwill'. As I understand the accounting, it's the intrinsic value built into the company and is carried on the balance sheet as an asset. How on earth can some of these banks still be...