- Search Energy EXCH
-
Skracor247 commented Sep 15, 2019But isn't that like saying, "I wonder if I can charge as much for my goods if I leave the cartel?".
UK transition deal with the EU 'could last until 2022' Brexit Sec Barclay admits
-
Skracor247 commented Sep 15, 2019Yeah but the oil reserves act kinda like a battery. Things are fine while they are charged but once depleted you are back to zero. It is like a buffer to the inconsistencies of mid-east supply.
Oil Explodes 19% Higher, Biggest Jump In 28 Years
-
Skracor247 commented Sep 15, 2019This should cause some temporary dollar strength as it will take more of them to purchase the needed oil to supply the unchanged demand. It will also put a little more pressure on the FED to ease.
Oil Explodes 19% Higher, Biggest Jump In 28 Years
-
Skracor247 commented Sep 14, 2019Paper gold is easily manipulated, yes. And futures. If they want to give away bullion undervalue then that is okay with me!
I like bitcoin as a proof of concept. But it is too inefficient for real-world use. The next generation is where ...German budget adjustment possible if outlook warrants: Ministry
-
Skracor247 commented Sep 13, 2019Yay! News from "No-Idea.com"...
Fed preview: Dovish cut – September preview
-
Skracor247 commented Sep 13, 2019If they do issue a Crypto Currency I think any other nation that has one in development will immediately issue their own. Several other nations have already talked about putting out a Crypto. I see the FED's instant transaction system being rolled ...
China’s new digital currency could encourage worldwide use of the Yuan, says CEO
-
Skracor247 commented Sep 13, 2019Unless they are a cartel...
U.S. retail sales rise more than expected in August
-
Skracor247 commented Sep 13, 2019This is just not the way things will go down.
China’s new digital currency could encourage worldwide use of the Yuan, says CEO
-
Skracor247 commented Sep 13, 2019If you are institutional money you have to buy to sell. It is counter-intuitive. In order to make a profit(or keep from losing), you are required to play both sides. If you are large enough you are averaging up to prepare for lower prices...
U.S. retail sales rise more than expected in August
-
Skracor247 commented Sep 12, 2019Lol. I have always thought the politicians, for all their fighting, were agreed. Politicians: We need to delay this thing until we can figure out a way to NOT leave the EU...
3 Reasons Behind EURO’s V-Shaped ECB Reversal
-
Skracor247 commented Sep 12, 2019Yes! As a trader, it is my job to make money from what IS. Even speculation on what someone else WILL DO is a dangerous practice and close to gambling.
The New ECB QE Is A Mistake. Here Is What It Should Have Done.
-
Skracor247 commented Sep 12, 2019That is exactly the conundrum. The answer(nation by nation) comes from the population's underlying moral structure. If the population is divided in its morality then it will never be able to arrive at a mutually acceptable way forward... Politics is ...
German budget adjustment possible if outlook warrants: Ministry
-
Skracor247 commented Sep 12, 2019There are so many opinion pieces disguised as news. So tiresome. I don't mind if they focus a tweet from someone actually involved in policy. At least we can make a profit or discern their decision-making process. All these speculators masquerading ...
Dutch, German, French, Austrian, Estonian Governors dissented against QE
-
Skracor247 commented Sep 12, 2019Right! Interest rates have always been a tool for making a profit and follow the law of supply and demand unless otherwise influenced by non-market forces. The entity offering/requiring the interest is the one that sets the rate... In this case, it ...
ECB Cuts Rates. They are succeeding in depreciating the Euro, hurting US exports
-
Skracor247 commented Sep 12, 2019The point was Andrew Jackson made 'regular attacks' on the Central Bank of the time. He even successfully got its mandate to expire... Between that day and 1913 there was no Central Bank. It's not 'amateur' its American Politics. Its okay if that ...
ECB Cuts Rates. They are succeeding in depreciating the Euro, hurting US exports
-
Skracor247 commented Sep 12, 2019The Treasury can issue as much debt as they want but they would still need someone to purchase that debt(sorry Germany). Unsold bonds during any given auction are supposed to be purchased by the FED. If the FED is reducing its balance sheet in ...
ECB Cuts Rates. They are succeeding in depreciating the Euro, hurting US exports
-
Skracor247 commented Sep 11, 2019Interest rates at zero is not, by itself, enough to weaken a currency sufficiently to make a huge difference to the savings of the US people. It would temporarily weaken the dollar versus other currencies but with the constant demand for dollars ...
The Federal Reserve should get our interest rates down to ZERO, or less
-
Skracor247 commented Sep 10, 2019I'm guessing he will be reelected without too much fuss... While the Left is certainly louder in the last few years the Right is becoming more stubborn...
In countdown to trade war talks, China ready to sweeten deal by buying American goods, source...