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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: zamboz who wrote (21268)	7/9/2009 12:35:56 PM
From: RockyBalboa	Read Replies (2) \| Respond to of 71426

Yes Oil and AGs are in decline... still. When I saw the EUR +200 and pound up 4, I thought oil could be up a buck or two. To no avail... The less oil dependent AGs look more promising now (Wheat, and Corn where the harvest is reportedly yielding less).

To: zamboz who wrote (21268)	7/11/2009 2:44:18 AM
From: axial	2 Recommendations Respond to of 71426

For months, fundamentals said crude was overpriced. All parallel indicators said supply was exceeding demand. GS and speculators tried to juice the market by loading up inventories while jacking up futures, but now they're just about out of storage - and the crude keeps coming in. Supply is up, OPEC discipline is backing off, and pretty soon there'll be nowhere to put the damned stuff. Then it falls off a cliff. Capacity utilization - down. Unemployment - up. Credit - too tight. Consumer buying - down. Consumer saving - up. Excessive inventory - still high. Global trade - down. Shipping and trucking - down. Everything looks bad; the only "green shoots" are in Fantasyland. Gotta get worse before it gets better, and maybe the system breaks. How much of it has to break, and in which ways, who can tell? There's widespread suspicion about the elites, more pervasive than ever seen: paranoia everywhere. Reaction: try to make money going up, try to make it going down. Salvage what you can from this wreck. For now, that means shorting crude and oils. When it's right, throw in gold and index shorts... just for a little variety. Jim