Search results

DAS Pro

INVENTION FIRST THEN INNOVATION AND GENERALIZATION ALL TOGETHER CAN = TECHNOLOGICAL REVOLUTION OF WHICH I BELIEVE THERE HAVE BEEN THREE SINCE MAS//MENOS 1800 LAST ONE KICKED IN AROUND 1943 AND HAS FADED -- MORE RECENT ITC TOO LIMITED SHIFT TO PRACTICAL FUSION...

''And as far as posting trade records goes, he could always post the good entries and not post the bad entries. Unless he posts trades -- proof of trades -- in real time, the facts can be manipulated.'' ------------------------------------------------ Had not quite same on another board a few...

Try the BOVESPA -- Just a biased notion but, back in '02 when it became clear that the Workers Party candidate, Lula da Silva, would win the forthcoming pres. election, most of the MSM were depicting him as some hard-core former labor leader Leftist who could only make things worse. Clearly...

Actually, I think the Gramms [plural] had more to do with the CFMA than Summers -- chk out Sen. Gramm's wife's positions/activities.

Or rate of inflation greater than rate of interest -- U.S. had negative int. rates for a period during early 1980s [and likely other times as well]. Nothing tricky about it.

=====U================================= Used to be a commodities rout was sneaky, quick and Large -- then, c 1999-2001 a new capital allocation model gained prominence and commodity markets increasingly financialized, pushing prices far far beyond fundamentals. Finally breaking partially as...

Other than the date, sounds like some type of roll -- Goldman's Commodity Roll - http://www.traders.com/Documentation/FEEDbk_docs/2003/08/Abstracts_new/Barrie/barr.html

have, since at least the 2000 Commodity Futures Modernization Act [CFMA] contained more than true commercials but also the Index Funds/Swap Dealers complex,,,which grew qute a bit during that decade as new capital allocation model[s] were put in place and as more money flowed to...

Dunstan, Just wondering whether you look at the 'Supplemental Report' and associated 'CIT' which breaks out the Index Funds [which L/S ratios are extreme as is their total size]. A glance few minutes ago made clear this remains the case, even as it had pre-2008 [but not quite so extreme now...

Second Thanks. I didn't realize the monthly avg. diff. was so great.

Anyway, earlier on, this -- ''Bonds are not commodities. This is a discussion on bonds and how they produce intrinsic value.'' Actually in the old, more complete, relationship, bonds are commodities but - as fictitious capital - absolutely unproductive; relying upon value created in the...

monty21, At least you recognize it for what it is, speculation; it is amazing how many believe that what is only a market related price is set by fundamentals and high probability expectations. 'Market related' means that the modern oil price regime is one of formula pricing in which...

Right, backwardation is more the normal but the market was also in contango for somewhat more than two years, 2005-07, which really helped drive the oil storage trade: buy, place in storage, sell futures for higher price, close existing contracts before delivery date, sell new ones; the physical...

Landis82, Sure enough and about the only thing in the AT article which was off has to do with position limits, i.e. funds can circumvent Nymex limits via the mediation of swaps dealers. Not specific to oil but commodities-in-general: <i>Nearly $9 out of every $10 of index-fund money is...

Yes, recognizing tendencies in the macro econ can make a difference. I use the word 'tendencies' to mean those potentials developing out of contradiction between, say, real economy conditions on one side and financial on the other. Place yourself, for example, in late 1995 into 1996 and...

Scriabinop23, Correct, and it's become progressively more noncom/spec driven, to the point that there's little/no relation between price and fundamentals but instead price and a toolbox of stories. One of which has been the China story, and while no doubt that nation's rapid...

Yes, with passage into a condition of overaccumlated production capital and declining rate of profit, slower or declining rate of real investment, money capital which would otherwise be used for further expansion becomes freed and can help expand the more strictly financial side. Interest rates...

In essence, the industrial cycle is one of surplus value creation in production, the only place it can be created; the realization of this surplus through sale; the reflux of now expanded funds into the production process, expansion of production including greater mass of fixed capital... By...