I have a feeling this ain't over yet!
I'll dollar cost my way to absolute ZERO if I have to!
Dollar cost averaging like a demon into FCX, AU, ABX, XOM and CVX.
See you at ZERO ladies!!!
Sweet baby Jesus, what's going on????
Thanks for nothing Peter Schiff.
Um, with higher fuel prices everyone stops buying SUVs and starts buying smaller fuel efficient cars. Also alternative energy vehicles become popular again. This drives demand lower for fuel. Then fuel costs drops, spurring consumers to switch back to purchasing SUVs. This happened when crude oil spiked to above $100 a barrel. With cigarettes the demand stays about the same as prices move up. People just switch to cheaper brands but continue smoking never the less. That's why gas and oil prices rise and fall. When was the last time you heard cigarette prices falling?
No. Unlike Phillip Morris, BP can't continue to hike prices on their products without any repercussions. Phillip Morris's customers are ADDICTS who will continue to buy their products come hell and high water. YOu can't follow the same pricing model with a pure commodity like oil/ gas.
What a bunch of BS!
I Bond Earnings Rate of 0.00% includes a Fixed Rate of 0.00%
The earnings rate for Series I Savings Bonds is a combination of a fixed rate, which applies for the 30-year life of the bond, and the semiannual inflation rate. The 0.00% earnings rate for I bonds bought from May 2015 through October 2015 applies for the first six months after the issue date. The earnings rate combines a 0.00% fixed rate of return with the -1.60% annualized rate of inflation as measured by the Consumer Price Index for all Urban Consumers
(CPI-U). The CPI-U decreased from 238.031 in September 2014 to 236.119 in March 2015, a six-month change of
-0.80%. When the inflation rate is less than zero, the earnings rate will be less than the fixed rate but never less than zero.
heard it was a hot seller on Prime Day!
And yet commodities are falling through the floor!
What's scary is can you imagine how bad things would be without all the printing???
The good news is this is a rare opportunity to buy miners and big oil cheap.
but how much cheaper will they get???
We reiterate our Sell rating on BP and see 14% downside to our 12m target price. We believe that the current dividend is unsustainable longer term, given our outlook on oil prices and low production growth (1.3% CAGR to 2018E) which is focused on gas, which drives low cash flow growth (2% CAGR 2015-18E). BP’s legacy production is offshore focused and hence relatively high decline, in our view, requiring reinvestment to maintain production. The company has had limited recent exploration success (three-year RRR of 51%) and has sold c.US$59 bn of assets since 2010, which limits scope for restructuring and meaningful asset sales…
The rest rooms there are always empty so I can "take the Browns to the Super Bowl" in peace and quite.