SI
SI
discoversearch

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.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (9808)3/9/2004 3:46:15 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 110194
 
where do you expect crude oil to be on May1st, July1st, Sept1st, Dec1st ???

just curious
I anticipate $40 by July1st
but for it to back off by end of year
as the economies begin a recession

/ jim



To: mishedlo who wrote (9808)3/10/2004 3:22:51 AM
From: Haim R. Branisteanu  Respond to of 110194
 
they reopen a mine in Indonesia, and I assume there was also hedge fund selling



To: mishedlo who wrote (9808)3/10/2004 7:46:06 AM
From: russwinter  Read Replies (2) | Respond to of 110194
 
<By the time the PPI matters it might be headed south.>

Nothing's changed fundamentally with these commodities, and there won't be a change until Asian production severely collapses from shortages, as the Train Wreck runs it's course.
biz.yahoo.com

You see, unlike the fictional "markets" (currencies, interest rates) that you follow, these input goods markets are the real thing, the truth serum. They really can't be manipulated, and you can't print copper, crude, or even cotton. That said, because there is a large speculator position in them, there will be bouts of volatility and profit taking, making it unlikely that they can go up 1% a day. Instead they will make up for this "correction", by going up 2-3% a day, in a week or two.