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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.
BOIL might be worth a look too.Originally Posted by MrPrena
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"When law and morality contradict each other, the citizen has the cruel alternative of either losing his moral sense or losing his respect for the law." -Frederic Bastiat
"I am a conservative. Quite possibly I am on the losing side; often I think so. Yet, out of a curious perversity I had rather lose with Socrates, let us say, than win with Lenin."
― Russell Kirk, Author of The Conservative Mind
Progressive ideology, ideas so good they must be mandatory.
Your freedom to be you includes my freedom to be free from you.
Got mine yesterday, even came in a nice holiday box.
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Credit TFOGGER : Liberals only want things to be "fair and just" if it benefits them.
Credit Zundfolge: The left only supports two "rights"; Buggery and Infanticide.
Credit roberth: List of things Government does best; 1. Steal your money 2. Steal your time 3. Waste the money they stole from you. 4. Waste your time making you ask permission for things you have a natural right to own. "Anyone that thinks the communists won't turn off your power for being on COAR15 is a fucking moron."
The legendary Richard Russell has passed away: http://kingworldnews.com/legendary-r...sell-has-died/
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.
http://disciplejourney.com
“Make men large and strong and tyranny will bankrupt itself in making shackles for them.” – Rev. Henry Ward Beecher (1813-1887) US Abolitionist Preacher
CIPCIP
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.
Last edited by HoneyBadger; 12-08-2015 at 09:14.
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"When law and morality contradict each other, the citizen has the cruel alternative of either losing his moral sense or losing his respect for the law." -Frederic Bastiat
"I am a conservative. Quite possibly I am on the losing side; often I think so. Yet, out of a curious perversity I had rather lose with Socrates, let us say, than win with Lenin."
― Russell Kirk, Author of The Conservative Mind
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.
Last edited by roberth; 12-08-2015 at 09:21.
US deployments to Mid East paid for low priced oil. I need a vacation.
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