Billionaires dumping US stocks, should I?

Yacht Dr.

Vice Admiral
Joined
Feb 26, 2005
Messages
5,581
Re: Billionaires dumping US stocks, should I?

As the old chestnut goes, the best way to make a small fortune in the stock market is to start with a large fortune.

I dont do one liners .. but ^^ yep .. this is true as the sun will set.
 

Bigprairie1

Commander
Joined
Jun 13, 2007
Messages
2,568
Re: Billionaires dumping US stocks, should I?

The main reason the U.S is selling its own fuel (rather than use it)...is that its buying fuel from Canada cheaper than its selling its own for on the open market.
The U.S (currently) gets it's oil from Canada for the equivalent of about $50 a barrel (a very good deal...much to our Canadian free trade chagrin:eek:). This is also the primary reason the U.S is able to keep its gas prices down comparitively to (G7/G8) western countries....BUT, hopefully soon we can bump that $50/barrel price for our own benefit by getting China in on the buying end of things.
If the U.S converted its own fuel (in terms of market value) for its own use, U.S fuel prices would immediately rise.
As well, Canada supplies well over 60% of the U.S energy needs when you factor in natural gas, etc. We have a huge surplus of natural resources that we are trying to get in better order for world/market sale....no easy feat when you have the 2nd largest country in the world populated by only 33 million people...but we're workin' on it!!;):)
BP:)
 

Tail_Gunner

Admiral
Joined
Jan 13, 2006
Messages
6,237
Re: Billionaires dumping US stocks, should I?

The main reason the U.S is selling its own fuel (rather than use it)...is that its buying fuel from Canada cheaper than its selling its own for on the open market.
The U.S (currently) gets it oil from Canada for the equivalent of about $50 a barrel (a very good deal...much to our Canadian free trade chagrin:eek:). This is also the primary reason the U.S is able to keep its gas prices down comparitively to our western countries....BUT, hopefully soon we can bump that $50/barrel price for our own benefit by getting China in on the buying end of things.
If the U.S converted its own fuel (in terms of market value) for its own use, U.S fuel prices would immediately rise.
As well, Canada supplies well over 60% of the U.S energy needs when you factor in natural gas, etc. We have a huge surplus of natural resources that we are trying to get in better order for world/market sale....no easy feat when you have the 2nd largest country in the world populated by only 33 million people...but we're workin' on it!!;):)
BP:)

You know what you are eluding to...North America has more oil than the entire world...Now would that not mean energy independence...................Now there once was a man who stated.....
Opps slipped on a banana there....:wacko:
Now what was i saying
 

rbh

Fleet Admiral
Joined
Mar 21, 2009
Messages
7,939
Re: Billionaires dumping US stocks, should I?

The main reason the U.S is selling its own fuel (rather than use it)...is that its buying fuel from Canada cheaper than its selling its own for on the open market.
The U.S (currently) gets it oil from Canada for the equivalent of about $50 a barrel (a very good deal...much to our Canadian free trade chagrin:eek:). This is also the primary reason the U.S is able to keep its gas prices down comparitively to our western countries....BUT, hopefully soon we can bump that $50/barrel price for our own benefit by getting China in on the buying end of things.
If the U.S converted its own fuel (in terms of market value) for its own use, U.S fuel prices would immediately rise.
As well, Canada supplies well over 60% of the U.S energy needs when you factor in natural gas, etc. We have a huge surplus of natural resources that we are trying to get in better order for world/market sale....no easy feat when you have the 2nd largest country in the world populated by only 33 million people...but we're workin' on it!!;):)
BP:)

Who keeps cutting Canadas energy deals?, the trailer park boys!!!

Thing is, if we and I mean Alberta, would cap the amount going south till the price improved or till they get a better market this would be better up here royalties wise for the province.

There are two types of oil, easy to recover and hard to recover, shipping it seems kinda easy when compared with some locations that recovery is hard or almost impossible (utah shale oil)
 

Tail_Gunner

Admiral
Joined
Jan 13, 2006
Messages
6,237
Re: Billionaires dumping US stocks, should I?

Who keeps cutting Canadas energy deals?, the trailer park boys!!!

Thing is, if we and I mean Alberta, would cap the amount going south till the price improved or till they get a better market this would be better up here royalties wise for the province.

There are two types of oil, easy to recover and hard to recover, shipping it seems kinda easy when compared with some locations that recovery is hard or almost impossible (utah shale oil)

Smiles abit,one can only hope that big business gets down to basics and delivers a product that is top quality at a price that cannot be beat.

If that gets done the whole world will be a far better place.
 

rbh

Fleet Admiral
Joined
Mar 21, 2009
Messages
7,939
Re: Billionaires dumping US stocks, should I?

^^^^

Honestly I do not think big business has the consumers best intrest at heart, or any business for that matter.
They will push the envelope till they can't push any further and back down a point or two for flexability.

I still see a wild west mentality out there, buyer/invester beware.
To many fly by night opportunities over the years and no one to regulate/watch over the initial claims. Bre Ex gold was a good example up here.

But we are talking oil here, or was it stocks?
 

Tail_Gunner

Admiral
Joined
Jan 13, 2006
Messages
6,237
Re: Billionaires dumping US stocks, should I?

^^^^

Honestly I do not think big business has the consumers best intrest at heart, or any business for that matter.
They will push the envelope till they can't push any further and back down a point or two for flexability.

I still see a wild west mentality out there, buyer/invester beware.
To many fly by night opportunities over the years and no one to regulate/watch over the initial claims. Bre Ex gold was a good example up here.

But we are talking oil here, or was it stocks?

Both they have a certain cause and effect relationship
 

rbh

Fleet Admiral
Joined
Mar 21, 2009
Messages
7,939
Re: Billionaires dumping US stocks, should I?

Both they have a certain cause and effect relationship

True enough.
I think about the time those brothers tried to control the silver market and look at the oil/gas industry in the same light.

You will never see a glut of oil on the market ever again, the owners and investers have certain expectations for return from each barrel thats "refined"

Do you ever see a natural resource leave the USA thats not dimensionally cut, refined, smelted, finished product (no raw product). Basicaly value added, nothing leaves these shore before its ready to go to market?
 

Tail_Gunner

Admiral
Joined
Jan 13, 2006
Messages
6,237
Re: Billionaires dumping US stocks, should I?

You will never see a glut of oil on the market ever again, the owners and investers have certain expectations for return from each barrel thats "refined"

True enough...however think of indrustry as a sandbox and the big bully is the only one playing. Sooner or later he's kicked out..you see everyone wants to play and when they cant well...thing's get intresting. The world is awash in oil in northern Iraq there are two feilds that are larger than the Saudi feilds..This i will give you the oil community was a small tight knit group but there are sign's that the bubble is about to be burst...Ever hear ohhh if i could only go back to the good ol day's..
 

rbh

Fleet Admiral
Joined
Mar 21, 2009
Messages
7,939
Re: Billionaires dumping US stocks, should I?

You will never see a glut of oil on the market ever again, the owners and investers have certain expectations for return from each barrel thats "refined"

True enough...however think of indrustry as a sandbox and the big bully is the only one playing. Sooner or later he's kicked out..you see everyone wants to play and when they cant well...thing's get intresting. The world is awash in oil in northern Iraq there are two feilds that are larger than the Saudi feilds..This i will give you the oil community was a small tight knit group but there are sign's that the bubble is about to be burst...Ever hear ohhh if i could only go back to the good ol day's..


BAAHAHAHA, I read some of the post from the good old days, you guys sure had some heated discussions back then.:D

Back to whats relevent-
But in this day in age there is to much uncertanty in the world markets I believe, the more you can source locally the better, but you will be paying a premium.
 

dwco5051

Commander
Joined
Sep 14, 2008
Messages
2,522
Re: Billionaires dumping US stocks, should I?

Do you ever see a natural resource leave the USA thats not dimensionally cut, refined, smelted, finished product (no raw product). Basicaly value added, nothing leaves these shore before its ready to go to market?

Coal? About 120 to 130 million tons in 2012.
 

QC

Supreme Mariner
Joined
Mar 22, 2005
Messages
22,783
Re: Billionaires dumping US stocks, should I?

Natural Gas will be exported as well, but probably not in significant amounts for another 10 years.
 

Yacht Dr.

Vice Admiral
Joined
Feb 26, 2005
Messages
5,581
Re: Billionaires dumping US stocks, should I?

Buy all the chickens when chickens are sold .. save your chickens .. when the other guy runs out of chickens you have all the chickens.

Kinda cryptic I know .. but its the same as earl.

YD.

PS. earl is not a mistype ..
 

rbh

Fleet Admiral
Joined
Mar 21, 2009
Messages
7,939
Re: Billionaires dumping US stocks, should I?

Coal? About 120 to 130 million tons in 2012.

Thats pretty much dig and burn, so that does not count.
What I mean is wood, do you ship the whole thing off to have someone cut it to size-2x4 2x6 2x8 ETC
Non refined oil.
Non smelted, Copper, lead, Zinc, Iron" CONCENTRATES" thats the word I was looking for.
to add
I dont think people/countries like to buy processed grains do to the fact that they can rot in bulk, unless this is a disaster relief moment.
 

Tail_Gunner

Admiral
Joined
Jan 13, 2006
Messages
6,237
Re: Billionaires dumping US stocks, should I?

Natural Gas will be exported as well, but probably not in significant amounts for another 10 years.

Yes another resource that is just sitting on its hand's..Here's a thought how long will all of this energy that could drive our economy to a new renaissance be allowed to just sit and gather dust. I truly believe American business men and women are tired of sitting and watching energy dominate are capitalist country. And there in lies the true beauty of it all...it's time for new player's.
 

Tail_Gunner

Admiral
Joined
Jan 13, 2006
Messages
6,237
Re: Billionaires dumping US stocks, should I?

Buy all the chickens when chickens are sold .. save your chickens .. when the other guy runs out of chickens you have all the chickens.

Kinda cryptic I know .. but its the same as earl.

YD.

PS. earl is not a mistype ..

Dr. i believe you just nailed it.....However human nature has some built in idiosyncrasies sooner or later one gets tired of having all the chickens..or someone gets tired of the other guy who has all the chicken's...Why in god's name would Buffet come out of retirement and redirect his resourece's....after all his not a spring chicken....But he is one of the best gamer's in the world, perhap's he is bored..let us hope so.
 

Yacht Dr.

Vice Admiral
Joined
Feb 26, 2005
Messages
5,581
Re: Billionaires dumping US stocks, should I?

Dr. i believe you just nailed it.....However human nature has some built in idiosyncrasies sooner or later one gets tired of having all the chickens..or someone gets tired of the other guy who has all the chicken's...Why in god's name would Buffet come out of retirement and redirect his resourece's....after all his not a spring chicken....But he is one of the best gamer's in the world, perhap's he is bored..let us hope so.

I think the Big buyers are in control .. why do you think the DOW is so HIGH when the economy is taking a dump ?

They buy/dump the stocks .. they manipulate the currency ..

The oil prices means Nothing when it comes to the fuel stations .. it can be at 75 bucks a drum and your still paying prices at 120 a drum prices ...

US is Bleeding out the Resources ...get it ?
 

JB

Honorary Moderator Emeritus
Joined
Mar 25, 2001
Messages
45,907
Re: Billionaires dumping US stocks, should I?

Getting far, far off topic and far too political, guys. Cool it. I don't want to delete this thread.
 

QC

Supreme Mariner
Joined
Mar 22, 2005
Messages
22,783
Re: Billionaires dumping US stocks, should I?

Yes another resource that is just sitting on its hand's..
The problem is technical and legal, not anybody sitting. To export natural gas it must be liquified in large quantities and then there must be loading terminals for LNG tankers. This country has been an importer of natural gas, so we actually have unloading terminals and large storage tanks near ports, not liquifiers. These are HUGE projects and require capital, hardware leadtime, real estate, permits etc. etc. It will happen, there is no conspiracy to block them, it's just a big flippin' deal.

it's time for new player's.
One of the new players is actually a "new" application. On highway trucks will be a user of natural gas that will make a legitimate difference in domestic load. Cars are not the play, trucks are. This is not to say I endorse any of the public companies in that space at this point. While I work for one of them, most are WAY hyped and overvalued and we are a penny stock trying to catch that wave.
 

bruceb58

Supreme Mariner
Joined
Mar 5, 2006
Messages
30,756
Re: Billionaires dumping US stocks, should I?

This country has been an importer of natural gas, so we actually have unloading terminals and large storage tanks near ports, not liquifiers.
But that's just because of supply issues in certain parts of the country right? I know where I live, there is a ton of NG stores in the hills above my home in former oil wells and caverns.

Of course for some reason I am on propane where I live...go figure.
 
Top