Interesting read on Asian views of oil prices. - DFWstangs Forums
 
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post #1 of 16 (permalink) Old 06-04-2008, 08:55 AM Thread Starter
tex
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Interesting read on Asian views of oil prices.

http://www.atimes.com/atimes/Global_.../JE24Dj02.html
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post #2 of 16 (permalink) Old 06-04-2008, 09:05 AM
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very good article

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post #3 of 16 (permalink) Old 06-04-2008, 01:18 PM
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yes good article , no doubt

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post #4 of 16 (permalink) Old 06-04-2008, 03:36 PM
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This article speaks volumes about our current political atmosphere.

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post #5 of 16 (permalink) Old 06-04-2008, 03:40 PM
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It is unquestionably true.

They lost their ass in the housing market, gotta make it up somehow. Hope you all enjoy paying to bail out the shitty borrowers and lenders.
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post #6 of 16 (permalink) Old 06-05-2008, 10:08 AM
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Quote:
Originally Posted by 46Tbird
It is unquestionably true.

They lost their ass in the housing market, gotta make it up somehow. Hope you all enjoy paying to bail out the shitty borrowers and lenders.
I only found one reference to 'housing' in the entire article.
Where do you get this shit from ?
Who has got to 'make it up somehow' ?
Are you actually trying to imply that gas prices are higher due to the bail out of borrowers / lenders ?
That just happened !
Did you even read the article?

79 K5 blazer, 6" lift 38x15" tires d44/12b lockers and chromoly axles ,6.2L GM diesel - Waste Vegetable Oil conversion - cross over steering,14"SAW nitrogen shocks, beefed shackles, shackle flip, winch/ bumpers, diff covers.

94 CBR 600 naked, handbraked, -1 +3 sprockets, one wheel operation mod

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post #7 of 16 (permalink) Old 06-05-2008, 10:55 AM
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Great read.

1/19/09, the last day of Free America.
Pericles "Freedom is the sure possession of those alone who have the courage to defend it. "

"[T]he people alone have an incontestable, unalienable, and indefeasible right to institute government and to reform, alter, or totally change the same when their protection, safety, prosperity, and happiness require it." --Samuel Adams


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post #8 of 16 (permalink) Old 06-05-2008, 11:07 AM
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Quote:
Originally Posted by futant
I only found one reference to 'housing' in the entire article.
Where do you get this shit from ?
Who has got to 'make it up somehow' ?
Are you actually trying to imply that gas prices are higher due to the bail out of borrowers / lenders ?
That just happened !
Did you even read the article?
Yeah I did. I even added a little critical thinking in there.

Big picture - the housing market has failed, the dollar is weak, and investors need a new place to regenerate some quick cash. Hello gas prices.

The article talks about how collusion between markets, hysteria, and a lack of government regulation have allowed it to happen since there is very little change in supply and demand.

Sorry if I didn't give enough clues to put that together in my first post. It was really for my own benefit and amusement anyway.
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post #9 of 16 (permalink) Old 06-05-2008, 11:11 AM
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Quote:
Originally Posted by futant
I only found one reference to 'housing' in the entire article.
Where do you get this shit from ?
Who has got to 'make it up somehow' ?
Are you actually trying to imply that gas prices are higher due to the bail out of borrowers / lenders ?
That just happened !
Did you even read the article?
In a weakening economy you invest lightly in equities. Real estate is in the shitter. Gold peaked and dropped. Interest rates are almost non existent at the moment as far as a return on investment goes. The liquidity in the markets must find some return and commodities provide such a return. Not to fucking hard to understand.

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post #10 of 16 (permalink) Old 06-05-2008, 11:18 AM
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Quote:
Originally Posted by 01WhiteCobra
In a weakening economy you invest lightly in equities. Real estate is in the shitter. Gold peaked and dropped. Interest rates are almost non existent at the moment as far as a return on investment goes. The liquidity in the markets must find some return and commodities provide such a return. Not to fucking hard to understand.
Not only that but interest rates were lowered to prop up the banks that were slumping because of people not paying their mortgages. The low interest made the dollar weak and raised the price of oil.

So yes, in effect when you fill up and pay $4 a gallon for gas you are paying for your neighbor's mortgage that he bailed out on.
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post #11 of 16 (permalink) Old 06-05-2008, 11:26 AM
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OK I get it now. Thanks for putting that into words.
I just didn't see how the article pointed to the correlation you were making.
It does make sense though. I'm totally against all these rediculous bailouts.
It just never ends. Closer and closer to socialism... in a new guise.

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post #12 of 16 (permalink) Old 06-05-2008, 11:36 AM
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Thats what ive been saying/thinking all along... its the damn futures market.
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post #13 of 16 (permalink) Old 06-05-2008, 11:41 AM
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Quote:
Originally Posted by Muffrazr
The same lenders who thought up the sub-prime housing loans are also the financing backers to the oil industry. Yes, the price of oil has been high for a while longer, but the sub-prime loans took a little while to raise the rates to a rediculous high. The effect just tokk several years to take hold.

reference please ?
honestly , I'm interested. It seems like it makes sense, anybody could have seen the housing bubble bursting... I mean people were getting willing to sign damn near any price for a house; rediculous. I'm sure they knew this would seemingly collapse soon and people couldn't pay.
so they decided there was going to be a problem and redistribute some capital to commodities for profit.
I just don't see how this would be a good idea since the speculative high price will ultimately burst as well and they would seemingly be out of that money still.
Like anything though with investing = timing.

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94 CBR 600 naked, handbraked, -1 +3 sprockets, one wheel operation mod

"I'm sorry, nothing quite says, "F- You, I'm from Texas" like an all-business, stripped-down K5."
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post #14 of 16 (permalink) Old 06-05-2008, 02:43 PM
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I'll tell you one thing... I wish I could compose a train of thought like that!

That dude can put some words together!
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