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

To: axial who wrote (122115)	7/1/2009 1:59:05 PM
From: Salt'n'Peppa	Read Replies (3) \| Respond to of 206135

Nice reply Jim and I agree entirely. Its a race against time, no matter which side you are on. Being short oil at present, inflation is my biggest worry in the mid-term. On a lighter note, Reuters can't make their mind up what is going on with oil. I've heard of short horizons, but 80 minute flip-flops??? At 10:27am, from Reuters: ca.news.finance.yahoo.com At 11:48am, from Reuters - and using the same picture and much of the same text. LOL! ca.news.finance.yahoo.com I know the EIA report came out at 10:30am, which begs the question, "why even publish an oil report 3 minutes before an important weekly oil development?" A laugh a minute, S&P PS: A quote from the latter link: "The fact that gasoline stocks are up 2.3 million barrels ahead of the Fourth of July weekend is huge," said Stephen Schork, editor of The Schork Report, adding, "Demand is low."

To: axial who wrote (122115)	7/1/2009 3:09:33 PM
From: Archie Meeties	1 Recommendation Read Replies (3) \| Respond to of 206135

There's more excess capacity today than the combined production of Iran and Venezuela. North American crude demand peaked in 2007, Europe in 2005, Japan earlier. Folks anticipating some sort of future supply crunch are going to be in for a very, very long wait. I would add a #4 to your list, which is widespread anticipation of significant dollar weakness. If this doesn't materialize, and soon, crude will continue drop. I can already smell a move towards the exits today.