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Molycorp, Inc Common Stock Message Board

boulmichone 13 posts  |  Last Activity: Jul 7, 2015 10:41 AM Member since: Aug 19, 2012
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  • With the adoption of computerized trading and "synthetic" trading vehicles metals are no longer tied to world events and or fundamentals. Citibank has trillions of dollars of these vehicles that they mimic for the Fed. Thank goodness I got out because they are going to push metals to the sub-basement!

    Sentiment: Strong Sell

  • Reply to

    PD price

    by bellbell63 Jun 18, 2015 11:55 AM
    boulmichone boulmichone Jun 25, 2015 8:36 PM Flag

    The price of these metals (PT and PD), like a lot of other commodities, bear no relationship to underlying market fundamentals any more. With all this business with Russia in the Ukraine, the usual and growing South African woes, strong vehicle demand, etc. these prices should be going UP! Yet they drift down. As long as the Fed has its hands on the economy and markets they will keep metal prices low as to discourage hard money. But I don't think they can do this forever even though I must admit I am amazed they have done it all so well for so long.

    P.S.
    I bet the Feds raise rates faster and higher than anyone thinks. This is the game they play. First the setup then the slaughter. I am really betting on t his all through TMV - a very high risk high reward vehicle.

    Sentiment: Hold

  • boulmichone boulmichone Jun 25, 2015 8:29 PM Flag

    I certainly hope so! I am betting BIG ON TMV!

    Sentiment: Strong Buy

  • boulmichone boulmichone Jun 11, 2015 3:41 PM Flag

    Well stated morristhomas51. As to heavy versus light sweet versus sour oil; this is where it gets a little complicated. These terms come from the old days where the Texans and other oil folk used to physically touch and taste oil to categorize it ( imagine being a professional oils taster; what a nasty job!).

    My understanding is that refineries can be configured to process various type of oil. When it is "cracked" it is broken down into various components. But as usual this all probably comes down to time, effort, and cost.

    The big controversy now is transporting shale oil by rail tank car and all the risks associated with it. I read that some think it is way more volitile than "regular" oil and "heavier" but who really knows.

    Sentiment: Strong Buy

  • Reply to

    Chinese want NG

    by theedoinkster May 28, 2015 5:36 PM
    boulmichone boulmichone Jun 10, 2015 10:24 PM Flag

    Over the last few years the Russians have been openly buying gold and adding to their hoards at the same time selling some of their platinum and palladium stockpiles. I think it would be a smart move for a government to hold hard assets and buy now as they are relatively cheap. So I don't doubt it.

    Sentiment: Strong Buy

  • TMV is generally moving up with my IAG, SSRI, NG and other leading metal stocks.

    Sentiment: Strong Buy

  • Reply to

    Bonds have entered tulip land

    by ex.goldbug Mar 22, 2015 4:10 PM
    boulmichone boulmichone Jun 10, 2015 9:28 PM Flag

    Right you are, ex-goldbug! These markets are nuts and fixed but they can't avoid reality forever!

    Sentiment: Strong Buy

  • I think this may be the major reason the US has not been really active as the Mideast unwinds again. They just are not that important any more as our oil. We have spent enough treasure and lives trying to help them to no avail. The have been at each others throats for thousands of years (read the Bible, etc.) and proably will be for going forward. I say good ridence! GO USA!

    Sentiment: Strong Buy

  • Reply to

    Re. Earnings...

    by nypd2726 Jun 8, 2015 5:26 PM
    boulmichone boulmichone Jun 10, 2015 9:16 PM Flag

    Congratulations NYPD!

    YOU are the man , or woman, as the case may be! While all the "Nervous Nelles" were dumping and heading for the hills ... you not only held the line but .... WERE BUYING!

    I just read that the US overtook Russia as the world's largest oil producer. GREAT! About time!

    Sentiment: Strong Buy

  • Reply to

    Maybe Obama is A Lot Smarter Than People Think

    by boulmichone May 24, 2015 12:58 PM
    boulmichone boulmichone Jun 7, 2015 8:25 PM Flag

    Wahabism is like the "state religion of Saudi Arabia" and there have been artticles about how deals have been struck with the Royal Family and the Wahabi religious leaders over the decades. However, ISIL I think could be a "Frankenstein" that they inadvertantly fostered and now threatens them.

    Sentiment: Hold

  • Reply to

    Maybe Obama is A Lot Smarter Than People Think

    by boulmichone May 24, 2015 12:58 PM
    boulmichone boulmichone Jun 7, 2015 8:22 PM Flag

    Your figures are very impressive and I agree with your SA assessment generally. But the BIG problem again is really psychological. We gave tons and tons of equipment to Iraq and now are in the totally bizarre position of having to send more equipment to Iraq IN THE HOPE that they will use it to destory th equipment we have already sent there.

    But even though the Saudi military and security services are generally very high caliber and the Royal Family, through bloodlines, can count on a couple of hundred thousand; it still is a huge, huge country with millions of foreign workers and citizens of wavering support that have to be bought off.

    Remember most of the dictators that have fallen in the Middle East had, on the surface, had vast military and security supporting them but still went; even though one can make the case the US greased the skids. SO when it comes to the ME; we can't take anything for granted.

    Sentiment: Hold

  • Reply to

    OPEC & ISIL

    by we_are_borg May 31, 2015 1:26 AM
    boulmichone boulmichone Jun 7, 2015 8:13 PM Flag

    I have been posting about the hell breaking out in the Middle East. The media has been covering but nearly as much as it should. And YET .... OIL GOES NOWHERE! It just goes to show you how all this rigged. The markets are totally divorced from reality and completely manipulated!

    Sentiment: Hold

  • Former Speaker of the House, Dennis Hasert, has recently been indicted on child molestion charges for violating a young boy.

    Years ago a guy was arrested during a parade in Batavia, IL or throwing a water ballon at Denny for assualt on a Presidential Successor, Member of Congress, etc.: a severe felony charge with many years of jail possible.

    At the time Hasert was dressed as a clown driving his fire engine and this was the defense this guy used; he had no idea it was the Speaker of the House and it was only meant as a "clown" joke. But I did think it was very, very odd that someone like such a prominent politician would be dressed as a clown. These politicians normally like to march at the front of any parade and be recognized. Plus I remembered John Wayne Gacy the mass boy murderer who used to be dressed as a clown. And I have seen other stories about these deviates dressing as clowns or cartoon characeters to get close to kids.

    If I was McDonald's I would ditch their clown guy as a symbol!

    Sentiment: Hold

MCP
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