Rumor: Non-Borrowed Reserves --> Oil Hoarding!!!

[Sapiens]

Take a wild guess where all the liquidity of non-borrowed reserves are going?

Yes, Oil.

[GRG55]

Take a wild guess where all the liquidity of non-borrowed reserves are going?

Yes, Oil.

Thanks for straightening that out for me Sapiens. All this time I've been watching this chart and mistakenly thinking it was going into corn...

http://www.cattlenetwork.com/images/acp.gif

[Lukester]

Take a wild guess where all the liquidity of non-borrowed reserves are going? - Yes, Oil.

Oil bubble will collapse in a deflationary storm. Sure fits Sapiens agenda. Like the energizer bunny, the thesis keeps going, and going, and going and going ...

Hudson informed us that the investment banks are taking the money and shoveling it all overseas. We shall see.

Yes well, apparently this liquidity is inaccurately described above as the prime mover of the current oil price, which was the point being "handed down" here? : (Hey, smart kids! You figured it out huh? It's all going into the Oil!"). Not the most happy mix, sounding supremely self assured while being wrong.

[FRED]

Thanks for straightening that out for me Sapiens. All this time I've been watching this chart and mistakenly thinking it was going into corn...

http://www.cattlenetwork.com/images/acp.gif

Hudson informed us that the investment banks are taking the money and shoveling it all overseas. We shall see.

[Andreuccio]

Hudson informed us that the investment banks are taking the money and shoveling it all overseas. We shall see.

Shoveling it overseas into what? Wouldn't whatever they were shoveling it into be going through the roof? I've been busy with some other things and haven't been paying too much attention to the markets. What else is going up besides corn and oil?

[GRG55]

Shoveling it overseas into what? Wouldn't whatever they were shoveling it into be going through the roof? I've been busy with some other things and haven't been paying too much attention to the markets. What else is going up besides corn and oil?

Since 2005 (or earlier):

copper
aluminum
propane
coffee
canola
oats
barley
soybeans
rice
just to name a few.

Check out the recent price behaviour of copper and aluminum. If there is a global economic contraction underway, or imminent, it sure isn't being reflected in the price of these cyclicals (at least not yet).

[Sapiens]

The point of this post will become evident as the "stagflation" play for mass consumption that is being rummored is in full swing (there won't be one, the poor will starve first).

This is about one-world government, but the greed of those at the helm to achieve it may destroy all of us once and for all.

The question now being posed is: Will the global reign be bested in a Caucasian or an Asian man? Ask yourself, whom you think the North-Americans and Europeans are pledge to support?

[Lukester]

The point of this post will become evident as the "stagflation" play for mass consumption that is being rummored is in full swing (there won't be one, the poor will starve first). ... This is about one-world government, but the greed of those at the helm to achieve it may destroy all of us once and for all. ... The question now being posed is: Will the global reign be bested in a Caucasian or an Asian man? Ask yourself, whom you think the North-Americans and Europeans are pledge to support?

Eh ... how about the Queen of England??? All the most powerful men and women in America's history are direct descendants of the Windsors (throw in the Tudors for good measure)? That's what I read somewhere. (heck, the Canadians are all descended from the Queen, so maybe it'll rub off on their more Neanderthal cousins south of the border?). I think it's the Bilderbergers, and we all know Lizzie runs that show. :rolleyes: :)

[Andreuccio]

Since 2005 (or earlier):

copper
aluminum
propane
coffee
canola
oats
barley
soybeans
rice

just to name a few.

Check out the recent price behaviour of copper and aluminum. If there is a global economic contraction underway, or imminent, it sure isn't being reflected in the price of these cyclicals (at least not yet).

Of course. I assumed Fred meant the shoveling was happening more short term, say the last couple of months.

[GRG55]

Eh ... how about the Queen of England??? All the most powerful men and women in America's history are direct descendants of the Windsors (throw in the Tudors for good measure)? That's what I read somewhere. (heck, the Canadians are all descended from the Queen, so maybe it'll rub off on their more Neanderthal cousins south of the border?). I think it's the Bilderbergers, and we all know Lizzie runs that show. :rolleyes: :)

As I am fond of reminding my British born mother-in-law, we Canadians will never have a truly free country until we get the Queen off our fiat currrency notes...:rolleyes:

[rj1]

As I am fond of reminding my British born mother-in-law, we Canadians will never have a truly free country until we get the Queen off our fiat currrency notes...:rolleyes:

While you're at it why don't you stop the Canadian Prime Minister being our President's lapdog, show an ounce of sovereignty for once.

Wouldn't the easy way be to just go to the EIA government agency site and look at the monthly oil barrel imports and domestic production? I looked at it today and we're a 100k or so barrels or more from February last year (latest full data is February 2008).

My personal bet on why all these commodities are going up in price: dollar value goes down, that means commodity price goes up, as was shown across a wide range of items in metals, liquids, and agriculture. We're not exactly talking rocket science here. Why else would Bernanke and Paulson even risk talk about raising interest rates when the economy is in the crapper? It's because they've engineered a decline in the dollar without realizing that every action has an equal and opposite reaction.

[GRG55]

While you're at it why don't you stop the Canadian Prime Minister being our President's lapdog, show an ounce of sovereignty for once.
...

Hey, we stayed out of your silly Iraqi war didn't we...:rolleyes: