Tag Archives: Oil

Ode to the Auto Feo, Part V – The Bitter End

9/1/2011 Portland, Oregon – Pop in your mints… With the markets relatively calm until the sparks fly later next week, we conclude our tale. Our tale is, among other things, a recount of the recent history of Bank of America … Continue reading

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Oh My, The Giant Snowball is now Rolling Down Hill, can the Central Banks Stop it?

8/8/2011 Portland, Oregon – Pop in your mints… Oh my. Two words, four meager characters, made famous by Jesse “The Body” Ventura during his ringside blow by blow commentary in the glory days of the WWF (circa 1986). These words, … Continue reading

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Bernanke fires up the Helicopters and Precious Metals Blast off!

7/13/2011 Portland, Oregon – Pop in your mints… Today Bernanke went before the US Congress and gently laid down the gauntlet. If Congress fails to raise the debt ceiling soon (by August 2nd, we are told), it could have catastrophic … Continue reading

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72 Hour Call for June 28, 2011

Today’s Call: September Wheat to rise. Currently $6.71-6. Rationale: Kansas Wheat was reported as 55% cut today and reports that the harvest is 100 million bushels lower than last year will weigh on prices as word spreads. Result of Call … Continue reading

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72 Hour Call for June 24, 2011

Today’s Call: 10 year US Treasury Bond yield to fall (price to rise). Currently 2.87%. Rationale: Even though there will soon be a heightened risk of default by the US, moves such as releasing oil from the strategic reserve will … Continue reading

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72 Hour Call for June 23, 2011

Today’s Call: Nymex Crude Oil to rise. Currently $91.92. Rationale: Oil was oversold today on the announcement to release 60 million gallons of oil into the global supply from strategic reserves with 30 million gallons coming from the United States … Continue reading

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72 Hour Call for June 10, 2011

Today’s Call: Dow Jones Industrial Average to rise. Currently 11,952. Rationale: Assumption that the plunge protection team will move over the weekend to prop up the Dow, a widely watched stock market indicator. Result of Call for June 7, 2011: … Continue reading

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72 Hour Call for June 7, 2011

Today’s Call: NY Crude Oil to rise. Currently $98.42. Rationale: Stocks of Oil tanker transporters are turning slightly higher which generally leads to an increase in the spot price of oil. This, combined with the effects of Bernanke’s market soothing … Continue reading

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Gaddafi a victim of the currency regime? Will Iran or China be next?

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72 Hour Call for May 5, 2011

Today’s Call: USD Index to rise. Currently 73.96. Rationale – Today’s oil sell off benefiting the other side of the trade upon settlement, the US dollar. Result of Call for May 2, 2011: Gold price per ounce to fall. Was … Continue reading

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