Thoughts on what is driving these markets – stocks, gold and oil
Rick Ackerman has some comments on what he thinks are the main drivers in the conventional markets along with gold and oil.
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if ISIS, is taking over OIL FIELDS, ,,,,what does that do to the price, along with The SAUDIES lowering price.
Unless theres an all out war who cares for one. 2 then you are guessing which is a waist of time.
One step ahead, ……..because it does make a difference……think 70’s…..it is all about oil…….
Ffm CCF.
Has anyone ever made a nicle from Zero Hedge info?
Been there and it seem like another waist info session?
Bill, just general info…….that people put some value on…..which might give you a clue as to what is in store down the road.
Bill, just another note………..zerohedge, is more likely to give you better info, than the controlled news on MSN. CNBS, CBS, CNN…….
The lame stream media aka the propaganda arm of the Amerikan Communist Party aka the Demokrats.
ditto JASON………….process of “illumination”
No doubt there!
Your a fool to watch any of the media….show me one piece out there that gets it right!?
BILL, HERE SOME OIL NEWS…………..Obama, is taking AIRCRAFT CARRIER out of the PERSIAN GULF, …………..zerohedge
You might look at this, as info…..oil, winter, price increase from supply shortage.
Ffm
News is truly irrelevant in the big picture. When a major trend is in place it matters not and is only short term noise to the market. Major trends just stay intact till they don’t.
Seriously the news will confuse you.
The big numbers in trade and trend matter…
What I’m getting now is the most likely will be a final leg 5 up for the DOW….
Gold is a late cycle performer and it should be watch now…It was a waist of time the prior years in the bear market….Spend energy where it isn’t a waist of time….Thats me though…
Bill
I would have to agree with you on the Major trends….., And news will confuse you, if you are not aware of the Major trends…..and the trends do change.
I would not disagree with you concerning the leg up for the Dow, assisted by stealth QE from the FED., the CENTRAL BANKS certainly do not want to lose control, and will do anything they must.
The devil is in the detail……and once you have the details, you do not lay prey for the ones who like to steal you money.
Good stuff on oil Rick.
I completely agree. People are missing the fact that there have been huge strides in extraction efficiencies in the last few years coupled with the US pulling an extra mil barrels a year and a host of other reasons to keep it down. This is good for the consumer and will help a weak economy in my view.
zerohedge… has an article…..Confused, or contrarian…..ccf