Big Dog's Boom Boom Room Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Cogito Ergo Sum who wrote (103278)	6/19/2008 11:56:42 AM
From: CommanderCricket	Read Replies (1) of 206110

How do we reconcile that as long as demand is above supply, something has to give going into the 4th quarter. Inventories need to be rebuilt for next winter. Who's going to give up their supply? It's not going to be China or the Middle Eastern consumers. The 15% raise in prices will give the Chinese refiners some breathing room but it won't cut demand. This knee jerk reaction every time there is evidence or perceived evidence of demand destruction, the equities sell off. It's a given, there has to be demand destruction. Take advantage of these sharp sell off's.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next