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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Ed Ajootian who wrote (122132)7/2/2009 8:15:39 AM
From: dvdw©2 Recommendations  Read Replies (1) of 206133
 
nonsense. super tankers as intermediate forms of storage devices, sounds like adaptation instigated by trading arms of contrivances, the world market adapted by slight of hand. Nothing more.

if you want to invest in storage devices, try seagate or western digital. They are efficient and very low cost producers. Super Tankers adapted as release mechanisms of stored commodity is inefficient, and an aberration of utility.

there is a cost....per barrell to store a commodity in an inefficinet medium, and what we are seeing in the market is the futures traders installing these inefficient added costs, to protect thier own books.Completly out of balance with supply and demand.
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