User 51169

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    • Wed Jul 9th 18:43 PM | Rating: 0 0
      Commented on:
      USL Oil Fund Struts Its Stuff
      Starkoski is troubled participant. He continues to speak about "Peak Oil" as if he's M. King Hubbert himself. Flow rate is not the only factor in the price of oil, even starkoski should know better. (Though he apparently does not.) Supply and demand is a factor, and nothing in supply and demand suggests oil doubling from $70 to $140 in a single year. Dollar destruction is a factor, and in the near term, it may indeed appreciate against world currencies. Speculation is a factor, and with 20 times more oil being traded than delivered, speculators have moved from dot-com to real estate to commodities. Psychology is a factor, and everyone has been pushing the long side. But if there's enough of an economic slowdown, a push to drill, a push for alternatives, oil can and will come down in price. Starkoski, get a grip.
      View article »
    • Wed Jul 9th 18:40 PM | Rating: 0 0
      Commented on:
      Stocks to Buy Before the Oil Bubble Bursts
      Starkoski is troubled participant. He continues to speak about "Peak Oil" as if he's M. King Hubbert himself. Flow rate is not the only factor in the price of oil, even starkoski should know better. (Though he apparently does not.) Supply and demand is a factor, and nothing in supply and demand suggests oil doubling from $70 to $140 in a single year. Dollar destruction is a factor, and in the near term, it may indeed appreciate against world currencies. Speculation is a factor, and with 20 times more oil being traded than delivered, speculators have moved from dot-com to real estate to commodities. Psychology is a factor, and everyone has been pushing the long side. But if there's enough of an economic slowdown, a push to drill, a push for alternatives, oil can and will come down in price. Starkoski, get a grip.
      View article »
    • Wed Jul 9th 18:38 PM | Rating: 0 0
      Commented on:
      John Hussman: Is There a Possibility of $60 Oil?
      Starkoski is troubled participant. He continues to speak about "Peak Oil" as if he's M. King Hubbert himself. Flow rate is not the only factor in the price of oil, even starkoski should know better. (Though he apparently does not.) Supply and demand is a factor, and nothing in supply and demand suggests oil doubling from $70 to $140 in a single year. Dollar destruction is a factor, and in the near term, it may indeed appreciate against world currencies. Speculation is a factor, and with 20 times more oil being traded than delivered, speculators have moved from dot-com to real estate to commodities. Psychology is a factor, and everyone has been pushing the long side. But if there's enough of an economic slowdown, a push to drill, a push for alternatives, oil can and will come down in price. John Hussman is not only credible, he's a fine money manager. Starkoski, get a grip.
      View article »
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