We talk with Trader Rog about the impact to our society of the banking provisions.
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James is the new Franky. Cool is the way!
come on CORY………get with the program……….
Happy singing when the house comes down ! Happy holydays to you AL ! from UCB ! https://www.youtube.com/watch?v=504BFLCkNqg
GOLD HEADED EAST TONITE…………………………..
1192. .CLOSE……………….
JOHNSON MATTHEY………JUST SOLD THEIR BUSINESS …..FOR $118MILL…..wonder if that is a SIGN………………………………………..
anybody…..heard anymore on NORTHWEST TERR…………..
Roger,
You bought up a very interesting point that is not being talked about from anyone. I have spoke about it a few times.
It’s the speculation ( derivatives ) in the oil market. Since 08 these companies have been driving the price up with paper and allowed to do so by the government. I believe they have put a stop to all that and that’s why we see the falling prices.
All this started when the paper rating was cut and the economy fell apart. I think the government was getting paid from the speculative bets by the big oil companies. Maybe all countries were when the economy got hit 7 years ago. Cutting the paper rating cut the money supply, which makes them get the revenue from somewhere…
I do know that an oversupply of crude story is utter bull shout.
Only the sheep believe CNBC and Bloombull..
As for me, I just watch to see what they are lying about. Heh heh
The price was in the 30s and 40s only 7 years ago. We made it work then, we can easily make it work now! Minus a few fracking companies..
Not true , companies could not survive at 30s at that time either but it was swift. Alberta oil sands break even cost is 80 dollars with the two best companies syncrude and suncor. All the basic cost went up several times during last decades. I know from cost control people. The traditional oil is declining very fast due to depletion. That is why you see every company is cutting people and projects and stop drilling and exploration. Without these activities, those wells are going to naturally cease production. Time is different. There was no Asian demand before and now it is more than the demand of the west
The cost to extract is much less around the globe as it is in Alberta and the Bakkan / eagle ford areas.
Fracking is much like a subprime mortgage. A bubble
Hey, maybe the price of guargum and other costs associated with fracking will go down, and they make it work. We shall see
Johnson Matthey…………..bars to become RARE……………
MAYBE THE ARABS ARE SHORTING OIL
Jerry ? I woud love Al , Cory , Roger , Doc , Rick , Gary , temple sing a song on line !
ditto………………..but, Al and Roger can not sing ,,so they say…..
Bob Moriarty can help !
Bob can just hummmmm
The Arabs might have to drink it, they have done nothing to diversify and probably never will, get out those camels and the figgy pudding. HMMMMMMM!
FIGs and Dates……………………and camel sweaters………..oh, the good old days….
Merkel called for continuing talks with Russia on energy supplies to Europe. Which currency could be???
http://itar-tass.com/en/economy/767074
In the other hand…
http://itar-tass.com/en/economy/766539
Yes ! Peter Look ! JOE Biden son ! http://rt.com/business/158660-biden-son-ukraine-company/
Fantastic news, the guys has to put in the site: http://www.kereport.com
Bank of RUSSIA …………RAISES INTEREST RATES TO 17%
loans are unpayable at this rate…………………..
It won’t be fun to watch The Banks try to stem the flow of liquidation in The US when they face what Russia is now trying to grapple with, that being 17% interest rates. They will only be able momentarily to stem it a little bit and try to guide it here or there, the interest rates will be going up, OH MY!
Now does anyone believe The 6 Big US Banks are in charge, not on your life, they are trapped.
Let us hope so………….
but, for a debtor, the outlook will not be good….
If the Loonie continues to slide I expect Poloz to raise rates. A falling Loonie is going to decimate Canada. What do we have to fall back on? Nothing.
Loonie devaluation should be good for Canada. otherwise oil price will choke off oil export. Then there will be no competitive industry left. I don’t mind to pay a little extra for import.
The Chinese are de-pegging The Yuan from The Dollar and dumping US treasury’s, QE will soon be back on the stove, but the problem still exists: The Fed can’t get us out of the mess they created and it’s a fine mess if you do say so “OLLIE”.
Pink Floyd has it right “They locked the door and threw away the key, see you on the dark side of the moon.”
” All in all, it’s just another brick in the wall….”
FYI folks:
Interesting! I wonder what they are anticipating?
How come you don’t talk about DNA markers? DNA markers appear at every top, and their application allows me to talk from both sides of my mouth and confuse the general public to no extent.
DIJO(Daily incidental justification Oscillator) is a proprietary indicator that I developed that helps me understand the turns in the market. I look at various variables in the market as they setup the denominators opposing numerators with the tops that usually oppose the bottoms. They also include the DNA markers that are also present in charts that I look at. I take a swab and swipe them against the 5 4 3 2 1 stochastic numerators to validate the occurrences of the main events that have occurred in every major top from the other side of the bottom.
BACK UP………….1220
1224.60…….going back up to 1225………………London must not want any part of the sell off………………………………..
Crash down again
THE WAR IS ON …….AT 1225
It seems gold rises in London and Asia and fall in US everyday. It is getting very annoying. My guess is that there is no room for price to move down so the price fluctuation is the only trick to shake people out.
Hold on tight.
not everyday………just in the last few months……..
It seems that LONDON AND NY…..exchange roles,being THE SMASHERS…….A few months ago…before the LONDON FIX WAS rearranged…the assignment was LONDON’S turn…..NOW, the NY SMASHERS must take over.
Silver is behaving strange. I speculate that cartel is using gold price fluctuation to shake out silver longs
jpm and the bankers are felling good…..after screwing the American people with the senate vote……………AND since the banks have 6000 tons. of silver……..they may be feeling a little cocky at this time…….and put the short squeeze on everyone…..lol
6000 tons may include the holdings for SLV.
you could be correct,,,but, who really knows ,,,,but, we do know jpm DID controlled that amount.
typo……….control………
Silver ratio………..needs to go back to 55 to 1,,,minimum…….,
How come you don’t talk about DNA markers? DNA markers appear at every top, and their application allows me to talk from both sides of my mouth and confuse the general public to no extent.
DIJO(Daily incidental justification Oscillator) is a proprietary indicator that I developed that helps me understand the turns in the market. I look at various variables in the market as they setup the denominators opposing numerators with the tops that usually oppose the bottoms. They also include the DNA markers that are also present in charts that I look at. I take a swab and swipe them against the 5 4 3 2 1 stochastic numerators to validate the occurrences of the main events that have occurred in every major top from the other side of the particular
bottom.
Welcome back Roger ! Today Al Korelin saw a bullish tick today al mast follow ! Al love diss ! https://www.youtube.com/watch?v=BKHKmEtpWao