Any cash at hand........even a little bit?.......... V

[Ponce]

Buy some oil stock........is going up.

V

[Glass]

up what?

[Ponce]

The price of oil is going up.........I don't now why, I just know.......hahahahahahh, I was right about water.

V

[brosil]

I only buy at the top and sell at the bottoms. Some one has to.

[Cebu_4_2]

I only buy at the top and sell at the bottoms. Some one has to.


Exactly! That's how I made my fortune and fame... disappear.

[osoab]

Iteresting Ponce. Driving down the road yesterday, I heard a 3 minute radio spot on the price of oil and price projections through 2nd quarter 2016. They were saying possible 20 dollar oil coming. Everyone will still pump more to make up for revenue loss due to current low price. Iran will start selling in the open market. I don't think they mentioned lower demand. It was a pessimistic radio ad/news spot. I thought it was odd at the time. I think it was during a news break on an a.m. talk radio station.
I think they were talking about stabilizing in the 35 area by the end of the year.

Look at this chart. We seem to be below the 2008 low. Gold is holding 1050 area not 800 as in 2008. Wilver is at 14 not a 8. Things to think about there. Is this strong demand for the metals? If oil explodes, what do the metals do?

http://www.finviz.com/fut_chart.ashx?t=CL&cot=067651&p=m1&rev=635867255859912743

[Spectrism]

The price of silver will depend on energy costs.... because fundamentally silver mines are already producing much less on average- near 7oz/ton ore, close to half of what it did 10 years ago. More energy needed to produce.

Oil stocks are risky. Some of those companies will be out of business. You have to know who will be winning- buying up the failures and when the price will turn. Political maneuvering right now. If war breaks out on a large scale, it will likely not matter what stocks you think you own.

[Dogman]

Boom and bust is a natural thing in the bizz.

The oil glut is far from over, so prices will remain low, except if crap in the middle east hits the fan big time,

But even that may not be so bad of a hit, russia and other countrys can fairly make up the difference, tho I suspect the prices will rise.

Tho the bigger question is the ever present supply and demand, and at this time the demand for crude is low so the prices are low, because people are not driving and using such stuff that require oil in their making.

The oil industry is not over taking the on going hit that is effecting it at this time, along with the infrastructure that rely on it.

But to buy in and then sit or hide out of sight oil stock may not be a bad thing!

In time it will make you money , but just not instantly, but more of a buy low and hold it for maybe years until the market demand makes that stock more valuable. So invest is you can afford to let your money just sit for ...how ever long it takes.

Dos centavos.

[Ponce]

But for silver I never look at the market price of anything.... I said that oil is going up for the greed of those in power and nothing else, those in power want money, and will get it no matter what, they want and we give...... like the "terror" attacks, something will happen for us to have to pay......this time silver and oil will go up together.

V

[Glass]

Ponce, I've been looking for the energy stories since you posted this thread. I think there is something there but the commentary sigals are mixed and there are some complex plays going on right now.

There was a consensus from a survey of some 8 or 10 traders who said be cautious or out of energy bets. And bad employment figures from the US/Canada oil fields as exploration and small operators close or collapse. So they are mainly talking about the exploration end of the market.

But that leaves big established energy. Consolidation is possible.

However, Saudis are trying to crush the US/Canada industry and substitute for Russian gas we are told no one is buying. Ukraine trying to talk Russia prices down.

so you would say Energy doesn't looks so good but Saudis have other problems now. They have debt obligations they may not meet. It could be a default. That would lead to a sizable shift in peoples risk assessment of energy.

Saudi Default, Devaluation Odds Spike As Mid-East Careens Into Chaos
Saudi Arabia just doesn’t know when to quit. The kingdom’s plan to deliberately suppress crude prices in an effort to bankrupt the US shale space and preserve market share has cost Riyadh dearly over the past 12 months. The country’s budget deficit for 2015 ballooned to some 15% of GDP as oil revenue collapsed. For 2016, the deficit is expected to come in at a still elevated 13% of economic output.

story @ ZH (http://www.zerohedge.com/news/2016-01-04/saudi-default-devaluation-odds-spike-mid-east-careens-chaos)

http://www.zerohedge.com/news/2016-01-04/saudi-default-devaluation-odds-spike-mid-east-careens-chaos

You can see they are changing stance right now. I think it's a complicated situation. What happens if it escalates between the Saudis and other countries?

At this pooint it does look like up.

[Glass]

he didn't have a very good 2015 but this is what he is saying for 2016.


For Kyle Bass This Is "The Greatest Investment Opportunity Right Now"

Over the weekend, when citing from an excerpt of the latest Wall Street Week episode (http://www.zerohedge.com/news/2016-01-02/kyle-bass-suffers-worst-year-last-ten-reveals-his-best-investment-next-3-5-years), we revealed what to Kyle Bass was the "best investment for the next 3-5 years": the energy space. Bass added he was agnostic as to what subsector of energy one should invest in: whether it is infrastructure, pipelines, producers, upstream, downstream, he believes that there are places in the cap structure of each of these where once can put new capital and generate substantial returns. He also added that "the energy rebound, when it happens, will be comparable to the housing rebound post 2009."

Coming from the guy who correctly predicted the collapse of housing going into 2009, one should take his prediction seriously, even though as Bass himself admitted, he was early to this trade which led to "one of the worst years in the last ten" for his Hayman Capital. Judging by today's very modest reaction in the price of oil to a dramatic escalation in the Middle East, the market will need a far more dramatic reduction in supply before it agrees with Bass' thesis.

But what about the shorter-term for those who don't have a 3-5 year investment horizon? Bass discussed that after a question by Gary Kaminsky asking the Texas hedge fund manager "when you look at opportunities as an investor right now, what's the greatest opportunity?"

His response:

"Given our views on credit contraction in Asia, and in China in particular, let's say they are going to go through a banking loss cycle like we went through during the Great Financial Crisis, there's one thing that is going to happen: China is going to have to dramatically devalue its currency."
He is quick to note that this is not a trade for everyone: "it's very tough to invest as a non-professional" very much the way buying CDS on subprme MBS was a trade only for a select few. That said, the trade - which we agree with thoroughly, and have repeatedly said that China has to devalue further, in fact we predicted China's devaluation just three days before it happened (http://www.zerohedge.com/news/2015-08-08/chinese-trade-crashes-and-why-yuan-devaluation-now-just-matter-time)- makes a lot of sense. Bass continues:


Full story @ ZH (http://www.zerohedge.com/news/2016-01-04/kyle-bass-greatest-investment-opportunity-right-now)

[StreetsOfGold]

The price of oil is going up.........I don't now why, I just know.......hahahahahahh, I was right about water.

V


Is this a "gut" feeling?
Didn't 1970 silver art have a "gut" feeling too. Remember?

[Spectrism]

At the time of the gut feeling, oil was $36. It is now approaching $30. Oil stocks are crashing. It is still not the time to buy unless you want to throw your money away. If Iran and Saud go to war, then oil will shoot up. But there are other things that will be shooting up as well. Many complex issues intertwined with our current state of affairs. A real mess.

[Glass]

yes I think any energy bets are very risky in this environment, and as you say it could all flip in an instant.

[Spectrism]

If you want to play the oil market, you better have DEEP pockets. Here is the plan of a player from a zerohedge article-

http://www.zerohedge.com/news/2016-01-13/oil-market-trade-setup

Trade Scale & Sizing



Here is what I propose with a minimum $400,000 account and just scale up accordingly. Buy 8 futures contracts per $400,000 at the current price, and assuming oil goes down to $22 a barrel – the downside risk is 8x$1000x$8 from current $30 price= $64,000 drawdown. First upside target is $52 a barrel which is $22 higher than the $30 a barrel entry price for the trade setup. Given this scenario playing out we have 8 contracts at $1000 each point up or dollar move up in the oil price, so 8x$1000x$22=$176,000 profit on the trade minus rolling associated costs. Hence the risk reward profile is $64,000/$176,000 or for every 1 unit of Risk, the trade setup nets 2.75 units of Reward. This is a decent ratio, and can go much high through trade management if the market really starts moving your way.



So, if you have $400,000 minimal to play with, and you feel lucky, jump in. I personally am not that player and I think we have a little wait before things begin to change for the up side.

[Ponce]

Thank you spec...... when I win the lotto tonight I'll do it ........ ufffffffffffffffffff

V

[Spectrism]

Or... watch for stronger companies to drop some and gobble up the cheap shells of dead companies' assets. This would require waiting until the turn happens. Don't try to catch a falling knife.


https://www.youtube.com/watch?v=ChFN7_tRvus

[Glass]

yes this is what I said earlier. Exploration companies are being caned due to the price. Consolidation of them and small scale producers comes next. Then look to see what the good bets are.

I wonder how much of the price deflation is caused by external factors and how much is due to the Saudi actions. Maybe someone is trying to crush the Saudi's and push them into national defaults.

[Jerrylynnb]

"Pull it".

What do you think of when you hear that?
Jewster Silverstein ordering the demolition of Building 7 - right?

There's another meaning that you might come to hear, if you are astute and pay attention to the sneakiest jewsters as they chat amongst themselves on various youtubes - that would be - collapse the money supply!

Think about it - pretend you are a jew (its hard, I know, but use your powerful imagination) and you follow your god, Satan, who has ordered you to enslave the world. You are one of the big players back around the early 1900's, and, you got the goods on various US politicians - what do you do? Just what they actually did - they took over the US central bank, and went on a century long spree of indebting the entire world to the incredible level that they could never, in a million years, pay it back.

You'd make out like the vehicle you are riding on to measure this debt, the yankee dollar, is losing value, so as to deter the stupid goyem from thwarting your "game" by hoarding greenbacks outside your control. At some point, your heirs (and their heirs) would decide, it would be time for the GRAND harvest - the calling in, worldwide, of all those debts.

You'd "pull it".

You'd cause a crash the likes of which the world has never seen, and, each and every individual debtor would be so overwhelmed by their own GUILT in having taken on this debt, that, you'd avoid a stampede by the goyem for your head on a platter - after all, the masses of debtors weren't FORCED to take on all that debt - they each and every one did so of their own volition. You'd win big time, bigger than any victory in world history.

Pull it - collapse the money supply - easily done because the bulk of all this "oversupply" (seemingly) of US dollars is mostly entries in a secure financial database manned by loyal computer experts at jew-owned and protected computer warehouses - just "pull" the supply down to where, the world over, a shortage of greenbacks drives debtors to jump out windows - and the masses of others willing to be your servants and "slaves" to avoid debtor's prison.

These jews spawned a goose that laid golden eggs back in 1913 (with taking control of the US central bank), and, they are getting ready to "pull it".

Things never change - the masses NEVER learn - they have to get shafted themselves personally. Our grandparents, were they here now to advise us, would be telling you to GET OUT OF DEBT! NOW!

These jews sponsored, via easy credit, a massive capacity to oversupply goods the world over and it would take a total separate world our own size to make up enough demand to consume all this oversupply of goods.

History will record - what "did in" the US? Greenbacks, borrowed but never realized.

[Spectrism]

It is probable, likely and I would say happening now, that the global controllers have gotten themselves into secure positions holding most of the world wealth and now just feather this ride into the crash until it just becomes a violent uncontrolled fall to the final resting point for those on the airplane. To make the plane crash an assured thing, they depleted most of the fuel by selling debt.

Their goals: world domination, population reduction, personal gain and security in the new world order under their master Satan.

[mick silver]

hey ponce how about letting a poor man have a few green backs

[Ponce]

Well buddy, as you know my SS is my only income.....I do look rich for one reason and one reason only......NO DEBTS.

You should try that and be also a rich man hahahahahhah.......

V