Why oh why does it keep going up? Whine.. I just don't understand - cry. It doesn't make any sense and I can't accept that a brilliant analyst...
You beat me to that comment.
Sigh... I've been reading these "gold is crashing any minute now" stories for so long - it's getting old guys. At least try to mention some...
Oh yeah, anyone paying attention comprehends that the stimulus does nothing for the real ecomony. The purpose of stimulus is simply to inflate...
Are we talking fiscally or morally bankrupt?
The problem with OP's question is that those in power could care less what you think - therefore these discussions are meaningless. Try focusing...
It is not just that they are getting tens of millions worth of a direct handouts/theft in the form of a lower interest rate. The other point is...
Not surprising since Nobel never intended a prize for economics - the banks funded it at a later date and glommed onto the "Nobel Prize" title.
Just a final clarification. Apparently the spec for "light sweet crude (WTI)" has been at 0.42% sulfur for many years. The sulfur level of the...
Again you miss one of the main points of the story. The guys actually saving people are getting $15 / hr. The "full time lifeguards" earning up...
Yes, but that is a separate issue. When I first heard that the spec had been changed, I found those news stories first and thought this was...
By the way I've confirmed with CME that the spec is for 0.42% sulfur. No answer yet to my follow up question as to why they keep WTI in the...
Yeah, they do a good job of burying it. First you will click on the specifications for "light sweet crude (WTI)" which takes you here:...
I was in local government in S. Cal for years - same story everywhere. I always did think the full time lifeguards had the sweetest deal of all...
I know there are many other factors (such as build up at Cushing) driving down WTI in relation to Brent. However, historically you will see...
A lot of people are talking about the WTI / Brent spread being backwards lately. But the contract specifications for "Light Sweet Crude Oil...
Holy crap, is this actually a debate? The future price is determined entirely by speculation. Then the oil comes to market - it doesn't make a...
Be vewy vewy quiet, Bewnie & Bawack are hunting wascally specuwators.
Interesting topic. Yeah, everybody wants some magic formula rather than to study/practice the market for years. I just tell them it is like any...
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