To: TLI
Gold’s up, DOW’s down, Oil’s down. People are not betting on productivity for the future.
11 posted on
02/12/2009 8:03:40 AM PST by
meyer
(The left is flooding the ship - let's quit bailing water. We are all John Galt.)
To: meyer
from Market Watch today:
"Crude inventories excluding those in the Strategic Petroleum Reserve increased by 4.7 million barrels, more than analysts' expectations, to 350.8 million barrels in the week ended Feb. 6, the Energy Information Administration reported.
Gasoline stockpiles fell by 2.6 million barrels while distillate fuels, which include diesel and heating oil, declined by 1 million barrels, the EIA said."
Refineries have reduced capacity around the country in order to reduce gasoline and distillate stockpiles with the result that pump prices are up.
12 posted on
02/12/2009 8:10:42 AM PST by
sonrise57
(Help us God for evil men have surrounded us.)
To: meyer
The money that is left on the Doe is rapidly going into securities and under people's mattresses. (Gold)
I will be surprised if it levels off at 6,000. I see it going down under 5,000 before the year is out. The indicator was when Obama announced the passing of his Porkulus miracle “rescue” plan. And the market reaction was pure justice.
14 posted on
02/12/2009 8:12:55 AM PST by
PSYCHO-FREEP
(WHAT? Where did my tag line go? (ACORN))
To: meyer
Gold’s up, DOW’s down, Oil’s down. People are not betting on productivity for the future. Bull’s-eye. The Presidency of Øbama Hussein The Magnificent is well on it's way to being the utter disaster 47% of u.S. Citizens knew it would be.
15 posted on
02/12/2009 8:13:05 AM PST by
TLI
( ITINERIS IMPENDEO VALHALLA)
To: meyer; All
You forgot ammo.....that’s way up!
Currency of the future.
24 posted on
02/12/2009 8:33:12 AM PST by
Red in Blue PA
(If guns cause crime, then all of mine are defective.)
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