Do you ever respond to questions or do you just like to troll? And for someone who purportedly goes to rock shows you seem to be lacking in any basic knowledge of or interest in the art of intoxication. A true case of High Class In Borrowed Shoes if i ever saw one....
What if you drink and smoke just under the limit of each and drive? Is there any law about the combined level of THC and Alcohol? #$%$ am I glad I don't live in USA.
I read somewhere recently that people with low IQ tend to overestimate their abilities while those with high IQ tend to underestimate theirs. So no, it's not really amazing at all...
Think again... Forget about the world. Watch the Dow transports shine tomorrow, even the railroaders that gained from a boost in shipment of bakken oil and fracking sand.
1. How confused is this guy to equate precious BTC with valueless gold. Hilarious.
2. Why hasn't the resident Loony, clearly a big fan of the shiny Au symbol, ranted and raved about the boost a positive vote in Switzerland would provide?
@@@@@The initiative requiring the Swiss National Bank to hold a fixed portion of its assets in gold makes no sense, according to Citigroup Inc., which said the metal was the equivalent of the virtual currency bitcoin. “There is no economic or financial case for a central bank to hold any single commodity, even if this commodity had intrinsic value,” Willem Buiter, the bank’s chief economist and a former Bank of England policy maker, wrote in a report dated yesterday. “Forbidding a central bank from ever selling any gold it owns reduces the value of those gold holdings to zero.” In a move that SNB President Thomas Jordan calls “dangerous,” Switzerland holds a national referendum on Nov. 30 that would require the central bank to hold at least 20 percent of its assets from 8 percent in gold, all of which have to be stored in the country, and never sell any. A plurality of voters oppose the “Save Our Swiss Gold” measure, though a portion of them were still undecided, polls last week showed. Proponents of the initiative, which would also require repatriation of SNB bullion held in Canada and the U.K., say it would preserve national wealth, while the government and the central bank oppose it as they say it would hinder monetary policy. The central bank would have to buy at least 1,733 metric tons of gold, compared with annual production of about 2,500 tons, to meet the threshold by 2019, Citigroup said.
Poor bassterd needs cash to avoid foreclosing on his house. Anyone gonna bid on any of his junk.... I mean memorabilia?
I admit, this one looks pretty cool.
Lot 15 of 676: MUHAMMAD ALI SIGNED BOXING GLOVE TO BURT REYNOLDS
Estimate: $400 - $600
That is sooo #$%$ lame. If you're gonna take the rum and coke challenge you could at least do it with a more significant target like the 20 day SMA. Sheesh...
If this study is correct, then good ol' tobacco may rule for a long time yet...
@@@@@E-cigarettes contain up to 10 times the level of cancer-causing agents in regular tobacco, Japanese scientists said Thursday, the latest blow to an invention once heralded as less harmful than smoking. Formaldehyde -- a substance found in building materials and embalming fluids -- was present at much higher levels than carcinogens found in the smoke from regular cigarettes, the official said. "Especially when the... wire (which vaporises the liquid) gets overheated, higher amounts of those harmful substances seemed to be produced." Kunugita and his team at the National Institute of Public Health, who submitted their report to the ministry on Thursday, analysed several cartridges of e-cigarette fluid using a machine that "inhaled" 10 sets of 15 puffs. One brand, the name of which was not revealed, showed a more than 10-fold level of formaldehyde on nine out of every 10 sets.
I think that with still growing (even if it is slower growing) demand, the drop in shale oil drilling in response to sub-70 oil prices will eventually cause oil prices to spike up dramatically. In the end, that may actually end up to be the real black swan event that kills this economic cycle.
I just checked the Q3 10Q filed on Nov 12 (and posted on their website) and it does indeed have these same hedges listed on p.8 "Commodity Derivative Contracts".
I posted about this back in October. It came off the Q2 10Q filed back in August. Are you suggesting they scrapped their hedges? Very unlikely I'd think...
My ECA.TO buy order filled at 18.39 today. Next buy will be at 17.43 if it gets there. I last got filled at that price way back in Jun 2013, and I suspect it just might test that level again.
Not a big deal, unless you think these low prices are going to drag on into 2016. I posted this a while back.
@@@@@Some good news in light of the recent oil price crash... If I read this correctly, it appears that the current oil production levels are close to fully hedged at ~$92/bbl through Q4 2015.
Q2 ended June 30 Average daily production volumes: Oil (Bbls/D) 13,356
Note 13. Subsequent Events The following table summarizes Holdings’ open commodity derivative contracts as of August 21, 2014:
Period / Ave. Daily Swap Volume (Bbl) / Weighted- Ave. Swap Price (per Bbl)
Q3 2014 / 9,950 / 92.52
Q4 2014 / 10,961 / 92.31
Q1 2015 / 12,800 / 92.12
Q2 2015 / 12,800 / 92.12
Q3 2015 / 11,800 / 93.69
Q4 2015 / 11,800 / 93.69
Q1 2016 / 2,500 / 92.35
Q2 2016 / 2,500 / 92.35
Lower transportation costs for shipping those consumer goods too... ships, planes, trains. Might even keep a lid on inflation of those goods if transporters pass along part of their savings as lower freight costs.