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

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

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

    Yes, Oil.

  • #2
    Re: Rumor: Non-Borrowed Reserves --> Oil Hoarding!!!

    Originally posted by Sapiens View Post
    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...

    Comment


    • #3
      Re: Rumor: Non-Borrowed Reserves --> Oil Hoarding!!!

      Originally posted by Sapiens View Post
      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 ...

      Originally posted by FRED View Post
      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.
      Last edited by Contemptuous; June 06, 2008, 10:58 PM.

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      • #4
        Re: Rumor: Non-Borrowed Reserves --> Oil Hoarding!!!

        Originally posted by GRG55 View Post
        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...

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

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        • #5
          Re: Rumor: Non-Borrowed Reserves --> Oil Hoarding!!!

          Originally posted by FRED View Post
          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?

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          • #6
            Re: Rumor: Non-Borrowed Reserves --> Oil Hoarding!!!

            Originally posted by Andreuccio View Post
            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).

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            • #7
              Re: Rumor: Non-Borrowed Reserves --> Oil Hoarding!!!

              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?

              Comment


              • #8
                Re: Rumor: Non-Borrowed Reserves --> Oil Hoarding!!!

                Originally posted by Sapiens View Post
                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:

                Comment


                • #9
                  Re: Rumor: Non-Borrowed Reserves --> Oil Hoarding!!!

                  Originally posted by GRG55 View Post
                  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.

                  Comment


                  • #10
                    Re: Rumor: Non-Borrowed Reserves --> Oil Hoarding!!!

                    Originally posted by Lukester View Post
                    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:

                    Comment


                    • #11
                      Re: Rumor: Non-Borrowed Reserves --> Oil Hoarding!!!

                      Originally posted by GRG55 View Post
                      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.
                      Last edited by rj1; June 10, 2008, 08:44 PM.

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                      • #12
                        Re: Rumor: Non-Borrowed Reserves --> Oil Hoarding!!!

                        Originally posted by rj1 View Post
                        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:

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