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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: gregor_us who wrote (115530)12/19/2008 8:48:13 PM
From: Kayaker  Read Replies (1) | Respond to of 206131
 
I see I have been too focused on front month (Jan) pricing. Perhaps that explains why I thought HOU.TO (2x crude ETF) was priced high, and why I thought the prices of oil equities were holding up remarkably well given the "crude price" beat down. Thanks for your insights.



To: gregor_us who wrote (115530)12/20/2008 8:48:46 AM
From: dvdw©1 Recommendation  Respond to of 206131
 
From your post; "We have an antiquated system for pricing oil."

Not really. What we have is a human problem for proper identification. All prices are artifacts, requiring proper identification of current state, as simple or complex.

Time dictates when simple identity is the characterized prevailing motion, and further, time foretells the transition period, when complex identity kicks in. Price is the shape of motion.

your post was welcome because it illustrates disparate sum logics, shape shifting to a more complex identification of a commodities relationship to the systemics of its entire flow, end to end within time.

All of this is embedded into Hayeks's, The Time Shapes of Capital.