irondoor91

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  • Global Stock Markets: Let the Gains Begin
    You can take a trading "stance" without actually executing a trade unless there is a trade to take. Don't trade out of boredom, but be prepared with a plan.

    Sometimes you actually have to watch what the market is doing to determine what it is saying. Why try and be a hero? A "long term approach" can also mean "get out and wait for lower prices".
    Aug 11 15:07 pm |Rating: 0 0 |Link to Comment |View article
  • BRIC Is for Real
    There is one undeniable fact of life regarding energy/oil as it moves around this planet on tankers, and that fact is that the free and unhindred transhipment of that oil is guaranteed by the US Navy. Our carrier battle groups and submarines guard and protect the strategic choke points around the world. You can look it up at any time and see where each CBG is located, and where the carriers are headed next. This is the case now, and will be the case no matter who is the next President. Just remember, the US taxpayer guarantees virtually every country in the world free access to the oil market, both to sell and to buy. And it will be this way for at least 2 generations, which is the amount of time that it would take for another country to develop the capacity to challenge us there.

    Nobody else can do it, no matter the whining about "American Hegemony". How would you like to see the Russians or the Chinese in charge of the high seas?

    Imagine the price of insurance premiums on tanker coverage. As soon as President Obama gets his first security briefing, I suspect that his tune will be a-changin and he will soon enough have the gray hair of his Uncle Tom. But, in the interest of fairness, maybe he will give the Iranians and the N Koreans a carrier or two just to make friends and appease them for our past wrong-doings. Might as well go all out for equality, you know.
    May 20 00:08 am |Rating: 0 0 |Link to Comment |View article

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