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


To: UncleBigs who wrote (63585)6/13/2006 6:11:37 PM
From: russwinter  Respond to of 110194
 
The key to US oil and gas will be hurricane season. If the energy complex comes through unscathed, we ought to see at least the speculative trade in it break.

The spreads in bills have widened out, time to move more four weekers into three and six month IMO.

auction results:
4 week: 4.727%
3 month: 4.926%
6 month: 5.121%



To: UncleBigs who wrote (63585)6/13/2006 6:36:44 PM
From: gregor_us  Read Replies (1) | Respond to of 110194
 
My view has been that gold is the currency you'll need to buy oil. Uncle Buck won't cut it. I know the FED in collusion with the Bush Administration would like a more painless way to deal with oil prices: by engineering the USD higher. Problem is, as you know, the USD is under assault from the Debt, and the Debt's compounding.

The USA could have a decent shot at lower oil by making the USD strong the real way: getting the Debt under control. But it's clear to me now Bernanke is a colluder in avoiding that path.

Oil is such a beautiful expression of the USD's PPP, don;t you think?

Best,

LP



To: UncleBigs who wrote (63585)6/13/2006 9:23:52 PM
From: andiron  Respond to of 110194
 
uncle, i would like to think your way. However, i prefer to be at the sidelines.