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juliedavis91849
Veteran Contributor

U.S. Nightcrawler continues auguring upward

 

relative to other currencies, ja..

 

note exhibit "A"

http://www.marketwatch.com/investing/index/dxy

 

Peering inside the belly of the commodity beast, Gottlieb is predicting oil is taking another leg downward..

 

and soon...

 

Killer corn market continues heading lower as it operates inverse to our Nightcrawler...

 

Meanwhile, the rain lottery continues...

 

over and out,

 

Gottlieb

 

 

 

 

 

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3 Replies
SupremeFarms
Senior Contributor

Re: U.S. Nightcrawler continues auguring upward

I hope your crude oil prediction is accurate.  Cheap fuel is currently on my list of favorite things.

 

Stephanie

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wrightcattle
Veteran Advisor

Re: Oil is just Plenty of Supply

now thus relatively less user demand due to that supply.

the users of Most products are in the Pacific Basin.

thus the usd is being used Less now due to other currencies that are Common there..

thus Your right....but not due to relative currency markets.

 

granted the USD is WAY to High on a relative basis.

 

oil is due to test some lows....the usd is due to "crater." 

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juliedavis91849
Veteran Contributor

Re: meanwhile, oil bulls are being carted off in stretchers

 

Supply, ja...

 

stockpiling oil on sea..

 

YET..

 

Demand, ja...

 

"demand for supertankers drove benchmark charter rates 57 percent higher in the two weeks.."

 

 

Note to self-

 

Today, Iraq kickstarting their exports up to 3.75 mil barrels/daily.

 

http://finviz.com/futures_charts.ashx?t=ENERGY&p=d1

 

 

 

 

 

 

 

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