Gold is under $1100, to 1070. Fiat paper has more value than a precious metal, kinda like the platitudes of the government carrying more weight than the deeds of the government.
Printable View
Gold is under $1100, to 1070. Fiat paper has more value than a precious metal, kinda like the platitudes of the government carrying more weight than the deeds of the government.
The legendary Richard Russell has passed away: http://kingworldnews.com/legendary-r...sell-has-died/
Quote:
It is with great sadness that we report the passing of Richard Lion Russell on Saturday, November 21. Richard had gone to the hospital a week earlier with abdominal pain. He was diagnosed with blood clots in the leg and lungs and other untreatable ailments, but was able to return home under hospice care. He spent his last days surrounded by family and visited by close friends.
Richard wrote for Dow Theory Letters almost every day of his adult life, mailing the letter out faithfully every ten days to three weeks beginning in 1958. In 1991 Dow Theory Letters began publishing online, which allowed Richard to write daily. This he did until about a week before his passing. Dow Theory Letters was the longest investment letter in the industry continuously written by the same person.
Thanks for schooling me on NatGas. Only thing I know about NatGas, is it has higher demand on winter, and climate sensitive. Also lower price on oil, lower demand on NatGas. Besides that, I have no idea. lol
I loaded up on uwti again. I think oil will have another fluctuation before summer blends of gasoline starts.
So, UWTI-> DWTI -> Long on oil with USO and few leveraged LONG.
Currently looking at Sprint and Twitter closely for possible share or CALL purchase.
Oil is falling, WTI under $37, and Brent just a little over $40.
Looks like oil is going to keep falling. Short of a global war, I don't think we'll ever see $100/barrel oil again. Even $50/barrel seems somewhat unlikely at this point. Any long oil or gas futures are a pretty long shot at this point.
Yup, OPEC had a meeting recently and they said that their production levels would not be reduced.
Gold and silver are under $1100 and $15 respectively. Fiat paper is riding the roller-coaster, major currencies are kinda flat.
US deployments to Mid East paid for low priced oil. I need a vacation.