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


To: ChanceIs who wrote (128128)1/31/2010 11:19:44 AM
From: Bearcatbob  Read Replies (2) | Respond to of 206114
 
"Did anybody fail to notice that US T-Bill rates went negative on Friday!!!!!! "

Where can I follow this value?



To: ChanceIs who wrote (128128)1/31/2010 11:30:00 PM
From: Archie Meeties4 Recommendations  Read Replies (2) | Respond to of 206114
 
"Remember crude crashed in the fall of '08. I see a lot of the same dynamics in play."

Likewise, substitute Sovereign Debt for CDS, Spain for Bear Sterns, Greece for Lehman. Although there is a wrinkle. You could also substitute California and Arizona for Spain and Portugal.

Another question is will we will soon substitute the 2008 trough of $38 oil with 2010 trough of ?. All of this is bearish for the market, good for bonds (short TBT anyone?).

BTW the default risk on the USD hasn't moved much, even during the peak of hype. The "debt is going to destroy the dollar" trade is going to send many a believer to the poorhouse.



To: ChanceIs who wrote (128128)2/1/2010 4:09:49 AM
From: whitepine1 Recommendation  Read Replies (1) | Respond to of 206114
 
Chancels:> or should I say EXCESS SPECULATION - didn't cause the price spike. <<

Exactly........point of my post was that monopolists and speculators have evaporated in the minds and public comments of liberals. As we witness price declines and soft demand, the liberal critics have run away from the public debate.

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Yes, agree, the value of the US D$ and international tensions about oil, geopolitics, and fiscal bankruptcy in PIGS will affect oil co stocks.

I remain a bear in the ST, save black swan events.