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

To: ChanceIs who wrote (149896)	4/21/2011 9:22:10 PM
From: Bearcatbob	3 Recommendations Respond to of 206092

OH Chancels - that one is precious. I hope our board participants of a leftist bent take note. Bob

To: ChanceIs who wrote (149896)	4/21/2011 9:53:17 PM
From: tom pope	4 Recommendations Respond to of 206092

Beautiful! I'm astounded your post hasn't been overloaded with recos. I still can't believe I voted for someone who never found a populist sound bite he didn't like.

To: ChanceIs who wrote (149896)	4/21/2011 10:22:43 PM
From: teevee	4 Recommendations Read Replies (2) \| Respond to of 206092

there is sufficient carbon in many forms for the next 3-4 centuries at the very least. The price of oil is near the point where synthetic oil, diesel fuel, gasoline, naptha and jet fuel can be made from natural gas or coal, and from domestic sources. We could stop sending dollars to the middle east and the arabs would have to go back to riding camels and herding goats. Unfortunately, it appears it will take an artificial energy crisis brought about by the global warming and C02 greenhouse gas con to get politicians off the path of destroying our economy and society and if not, lets hope that by the 2012 election, voters are ready to clean out Washington.

To: ChanceIs who wrote (149896)	4/22/2011 12:37:14 AM
From: Gottfried	9 Recommendations Read Replies (2) \| Respond to of 206092

A 10 year chart shows even worse conditions in mid-2008 whom do we arrest for that? screencast.com

To: ChanceIs who wrote (149896)	4/22/2011 3:37:39 AM
From: Don Hurst	3 Recommendations Respond to of 206092

Beck featured this chart Thursday on his 5 pm afternoon Comedy Hour...Yup, certainly provides all the support you and Denninger need for this "analysis".

To: ChanceIs who wrote (149896)	4/22/2011 9:09:03 AM
From: Big Dog	2 Recommendations Read Replies (3) \| Respond to of 206092

What is the "strongest" currency, currently? What would a chart look like showing the price of oil vs. that currency? big

To: ChanceIs who wrote (149896)	4/22/2011 10:23:11 PM
From: average joe	2 Recommendations Read Replies (1) \| Respond to of 206092

"Focusing your life solely on making a buck shows a certain poverty of ambition. It asks too little of yourself. Because it's only when you hitch your wagon to something larger than yourself that you realize your true potential." Obama

To: ChanceIs who wrote (149896)	5/5/2011 12:39:02 PM
From: Archie Meeties	10 Recommendations Respond to of 206092

I'm just catching up on things here after and extended vacation and noticed this post. "There is a near-perfect inverse correlation between these two charts" Correlation is a mathematical term. a perfect inverse correlation would be -1. Positive would be +1. A Strong correlation would be in the 0.7range, weak would be .3 and fair to middling would be inbetween those. If you calculate the correlation between crude and the dollar from mid 10 to now, you get a -.55 correlation. This is below the historical average of -.7. The period since QE began has been marked by below average correlation. So an accurate statement would be that since QE began, the dollar and oil have been modestly inversely correlated, an the correlation is below the historical average. Also, I can put up a chart of sea temperatures off the coast of brazil, number of cigars smoked in Grand Junction, CO, #of pieces of gum stuck on the bottom of the desks in Ms. Leghorn's 2nd grade science class since QE and come up with a correlation number stronger than dollar/oil correlation. That means nothing about causation. The jump to causation is a much, much higher bar. Correlation does not equal Causation. dailyfx.com