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http://www.forbes.com/technology/feeds/ap/.../ap2974626.html

Associated Press

Iranian President to Inaugurate Reactor

By ALI AKBAR DAREINI , 08.26.2006, 04:12 AM

Iran's president will inaugurate a heavy-water nuclear reactor Saturday, the deputy head of the Atomic Energy Organization of Iran announced on state-run television.
Mohammed Saeedi did not provide more details about the ceremony but called the facility, located in central Iran, "one of the biggest nuclear projects" in the country.
Iran has been building the heavy-water reactor for two years, and it is not scheduled for completion until 2009.
Tehran has said its disputed nuclear program is for peaceful purposes, but one of the byproducts of heavy-water reactors is plutonium,
which can be used in building nuclear weapons
.

$100 bbl oil anyone?

For a nation that has been threating to blow other nations off the map and which has regular chanting sessions of death to this country or another it seems that they would have some use for Nukes in the near future? Allah Akbar! :o

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Makes a pleasant change to your normal 'Monday on the markets may be interesting" posts.

Yus, its because Monday is ABH.

With tropical storms brewing in the Caribbean and sabre rattling in the ME I am certain the oil companies will waste no time in hiking oil back to the formerly super-profit levels of $78+. The ingredients for a nasty recession are just not gong away.

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Guest Alright Jack

Yus, its because Monday is ABH.

With tropical storms brewing in the Caribbean and sabre rattling in the ME I am certain the oil companies will waste no time in hiking oil back to the formerly super-profit levels of $78+. The ingredients for a nasty recession are just not gong away.

Producers don't set prices, the markets do. How come you understand this for the housing market but fail to accept it in the energy industry?

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Producers don't set prices, the markets do. How come you understand this for the housing market but fail to accept it in the energy industry?

And who manipulates the market? Big oil have been co-operating to fix prices for a century or more, nothing changes much.

E.g.:

http://www.msnbc.msn.com/id/9424585/

Updated: 11:28 a.m. ET Sept. 22, 2005
WASHINGTON - The U.S. Federal Trade Commission is investigating whether gasoline price profiteering has occurred and if oil
companies have constrained refinery capacity to manipulate fuel prices
, an agency official said Wednesday.

Oil companies often create "shortages" or "worn out pipelines" to modify the price of oil. "Maintenance" is another method of creating shortages. These are the big boys folks and they know how to create a market for themselves.

http://www.bdo.co.uk/BDOSH/website/bdouk/w...a7?OpenDocument

The Chancellor believes that oil companies are currently able to manipulate the transfer price of oil sales, and achieve tax savings, as the monthly market average is rarely likely to reflect the value of oil at the time of delivery, especially in a volatile market.

Free market? No, I am afraid not. :)

http://www.usatoday.com/money/energy/2002-...price-probe.htm

Senate probe says oil firms manipulate supply
WASHINGTON (AP) — While the industry often blames gasoline price spikes on market-driven shortages, a congressional investigation has found that some oil companies reduce supplies when markets are tight to force up prices and profits.
The investigation by a Senate subcommittee found that industry manipulation of gasoline supplies exacerbated tight fuel markets and helped produce some of the sharp price spikes over the last three years, especially in the Midwest.

http://observer.guardian.co.uk/business/st...1283181,00.html

Are multinationals to blame?
Oliver Morgan examines claims that underinvestment by oil companies is helping push prices to record highs
Sunday August 15, 2004
The Observer
Sky-high oil prices are threatening to send the global economy into a spin, but to what extent are the big oil multinationals to blame for the crisis? Much has been made about disruption to supplies from Iraq, booming demand from China and the fact that world's appetite for oil is close to outstripping what the producing nations can produce.

http://www.guardian.co.uk/print/0,3858,411...-103676,00.html

BP embroiled in price row
Jane Martinson in New York and Terry Macalister
Friday January 12, 2001
Guardian
British oil company BP is facing huge embarrassment over the public release of 4,000 internal emails and other company material suggesting it considered using its dominant position supplying the Californian petrol market with crude oil to
manipulate prices
and squeeze consumers.
The cache of documentation has been unsealed in the United States this week in the wake of BP's two-year battle with American regulators over the British company's £18bn takeover of its American rival, Arco, which was allowed to proceed only after BP agreed to sell the bulk of its oil assets in Alaska, which supplies much of the gas-guzzling west coast of the US.
Most damaging for BP, whose chief executive, Sir John Browne, has extolled the group's ethical standards, are two emails dating from 1995 in which two company managers - Robert Aicher and Linda Adamany - refer to "shorting the west coast market" to achieve "west coast price uplift scenarios" - seemingly discussing restricting crude supplies to force up forecourt prices.

A tad naive to think that big oil allows the market free reign to determine prices?

Edited by Realistbear

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RB ,you really have come right off your rocker here, mate. Oil produces HEDGE their production by shorting in the futures markets, to stabilise future revenue and decrease risk. It's the hedge funds and speculators who take on the risk by buying. You really don't understand this, do you? Stop, please, before you dig an even deeper hole for yourself...

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RB ,you really have come right off your rocker here, mate. Oil produces HEDGE their production by shorting in the futures markets, to stabilise future revenue and decrease risk. It's the hedge funds and speculators who take on the risk by buying. You really don't understand this, do you? Stop, please, before you dig an even deeper hole for yourself...

There are many methods to manipulate a market. BP got caught as the artcile above demonstrates:

British oil company BP is facing huge embarrassment over the public release of 4,000 internal emails and other company material suggesting it considered using its dominant position supplying the Californian petrol market with crude oil to manipulate prices and squeeze consumers.

Using it dominant position in relation to supply. Oil companies just turn off the tap and bingo--there is a supply shortage. They don't need sophisticated investment strategies and none are mentioned in the artciles above. Its just old fashioned market supply manipulation.

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I'm getting a big tired of rehashed neo-con propoganda. The whole Iran issue is just dumb dick waving stunt on the part of the Neocons, all the nuclear weapon stuff is a lie. Iran hasn't invaded anywhere since the 1730s.

Iran is allowed to create a civilian nuclear power infrastructure under the non-proliferation treaty which they have signed, heavy water creation is allowed under the NPT.

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I'm getting a big tired of rehashed neo-con propoganda. The whole Iran issue is just dumb dick waving stunt on the part of the Neocons, all the nuclear weapon stuff is a lie. Iran hasn't invaded anywhere since the 1730s.

Iran is allowed to create a civilian nuclear power infrastructure under the non-proliferation treaty which they have signed, heavy water creation is allowed under the NPT.

Iran is more about an ideology than geography. They symbolise for radical Islam, the true Jihad. They supplied the rockets to the groups that do their fighting for them. Why invade yourself when yor idealogues can do it for you? Its not about territory but control of the minds and hearts of people which is the essence of a Theocracy.

The UN's beef with Iran is over the secrecy about it Nuke program--who knows if they will use the processes for weapons. After all, how are they going to blow other countries off the map without Nukes?

http://news.bbc.co.uk/1/hi/world/middle_east/4664378.stm

Iran nuclear case 'will go to UN'
Western powers suspect Iran's nuclear ambitions are not peaceful
Key powers have agreed that the United Nations' nuclear watchdog, the IAEA, should report Iran to the Security Council over its nuclear programme...../
Iran insists it should be allowed to develop nuclear technology, but other key powers do not want it to produce its own enriched uranium, which can be used in nuclear weapons as well as power plants.

http://en.rian.ru/world/20060330/44974808.html

UN urges Iran to ease nuclear concerns
10:31 | 30/ 03/ 2006
NEW YORK, March 30 (RIA Novosti) - The UN Security Council has urged Iran to re-impose a moratorium on uranium enrichment and allow international inspections of its nuclear facilities in a bid to resolve the crisis around its controversial nuclear programs.

The problem is that the UN has no teeth which is why Iran will ignore them.

The NeoLibs may be underestimating Iran's power and influence of the worldwide Jihad movement?

Edited by Realistbear

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Iran is more about an ideology than geography. They symbolise for radical Islam, the true Jihad. They supplied the rockets to the groups that do their fighting for them. Why invade yourself when yor idealogues can do it for you? Its not about territory but control of the minds and hearts of people which is the essence of a Theocracy.

Iran is a democratic country, maybe they don't elect leaders you like but that's democracy for you. The US has supplied rockets to people fighting for them, they supplied them to Afganistan, Iraq in the 80s, Nicuragua, Panama when they liked Noriega, Israel just recently, they even supply the trident rockets for our so called "independant nuclear deterant".

The UN's beef with Iran is over the secrecy about it Nuke program--who knows if they will use the processes for weapons. After all, how are they going to blow other countries off the map without Nukes?

Iran has no history of blowing people off the map. If the US us so scared of nuclear waepons why doesn't it unilaterally disarm? And why is the US expanding it's bio-warfare capability in contravention of the Biological and Toxin Weapons Convention and blocking international inspections?http://www.lewrockwell.com/zeese/zeese34.html

Edited by Della

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Iran is a democratic country, maybe they don't elect leaders you like but that's democracy for you. The US has supplied rockets to people fighting for them, they supplied them to Afganistan, Iraq in the 80s, Nicuragua, Panama when they liked Noriega, Israel just recently, they even supply the trident rockets for our so called "independant nuclear deterant".

Iran has no history of blowing people off the map. If the US us so scared of nuclear waepons why doesn't it unilaterally disarm? And why is the US expanding it's bio-warfare capability in contravention of the Biological and Toxin Weapons Convention and blocking international inspections?http://www.lewrockwell.com/zeese/zeese34.html

Depends what you call democracy I suppose. Uncle Joe Stalin called his system "democratic" but most of the politburo were elected on a no-choice ballot.

The bottom line is that there is a clash of cultures and it may break down to an East-West clash with Islam represented and symbolized by the Iranian Jihad and Western ideas of democracy and freedom of religion (try practising a non-Isamic Shia religion in Iran) as symbolized and represented in Western powers including the UK, Germany, US, Australia. If it comes to war I know which side I am on and it isn't Islam.

If a war is inevitable Tolstoy's maxim will be used in full as a fight for survival: ALL is fare in love and war.

As things stand, the Western powers do not want the potential enemy to have equality in weaponry. Why not? If war breaks out it is better to have the best equipment and your adversary to have worse equipment as Tautologous Tim would say. With the current level of threat going on it would not be a good thing for Iran to have the weaponry to back ups its threats.

Jihad has been around for centuries but this is the first time it will have the means to inflict some real damage. Will they use the Nukes aginst the infidel? Do we really want to find out?

Iran is a democratic country, maybe they don't elect leaders you like but that's democracy for you. The US has supplied rockets to people fighting for them, they supplied them to Afganistan, Iraq in the 80s, Nicuragua, Panama when they liked Noriega, Israel just recently, they even supply the trident rockets for our so called "independant nuclear deterant".

Iran has no history of blowing people off the map. If the US us so scared of nuclear waepons why doesn't it unilaterally disarm? And why is the US expanding it's bio-warfare capability in contravention of the Biological and Toxin Weapons Convention and blocking international inspections?http://www.lewrockwell.com/zeese/zeese34.html

The US, UK, Germany, OZ and NZ have not only supplied weapons but they have also fought their own wars. The US were openly supplying not just warships but planes and bombs to England when the war with Germany broke out. I am certain Germany complaied to the US ambassador at the time as they did not want Roosevelt sticking his nose in a European war. But the US later joined after the pre-emptive strike from Japan in 1941.

If Iran really believes in its Jihad they need to join with their vassal states and end it.

Iran have no history of blowing people off the map because they are unable to do so unless they have the weapons to back their threats. Their war with Iraq was stalemated because they couldn't kill enough Iraqis with conventional weapons. Had they had the Nukes they would have undoubtedly sent Saddam a message.

Islam is not dependent on borders. They strike wherever they can and use local radical groups to carry out the hit. Bali was an example in Indonesia. Iran did not have to invade that country to restore a Muslim Theocracy because they can do so remotely. The 10,000 "holy" warriors Iran claim to have in this country may not all be Iranians but they will dance to the tune when called upon as we have seen recently.

Don't get me wrong, I am not saying you do not have a right to support Iran over against the West as we do live in a democracy. However, you have to accept, I believe, that in a war for survival all means will be used by both sides. If this is, indeed, a true "holy" war it cannot be stopped by democracy as the object of the war, the infidel, still lives.

Edited by Realistbear

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The UN mean nothing to Iran:

http://www.ncr-iran.org/

UN urges Iran to ease nuclear concerns
10:31 | 30/ 03/ 2006
NEW YORK, March 30 (RIA Novosti) - The UN Security Council has urged Iran to re-impose a moratorium on uranium enrichment and allow international inspections of its nuclear facilities in a bid to resolve the crisis around its controversial nuclear programs.

The UN need to get a grip on reality and understand what is going on here. Its over who controls the Middle East and Israel is in the way according to Iran.

http://www.ncr-iran.org/

I

ran: Mullahs' response to P5+1 incentive package reinforces need to impose sanctions
Wednesday, 23 August 2006
Iran: Mullahs' response to P5+1 incentive package reinforces need to impose sanctions NCRI - Three months after the P5+1 countries offered the mullahs’ regime a package of incentives, on Tuesday, the Secretary General of the regime’s Supreme National Security Council Ali Larijani officially gave a negative response to the representatives of the six countries. He rejected a suspension of uranium enrichment thus putting on display once again the regime’s ominous intentions to obtain a nuclear bomb
Edited by Realistbear

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I think the former regime in Iraq might disagree.

Iraq started that war by launching a full scale invasion on September 22nd 1980 so it was not an Iranian war of conquest, and the borders were unchanged at the termination of the war.

http://en.wikipedia.org/wiki/Iran_iraq_war

The US had a few office buildings knocked down by mostly Saudi terrorists, and so far they have totally invaded two countries both of which are not Saudi.

The UN mean nothing to Iran:

http://www.ncr-iran.org/

This "National Council of Resistance of Iran" is obviously a US front orginsation, it's Standard Operating Procedure in any pre invasion propoganda war, any news they come out with should be regarded as propoganda interlaced with a few true things that happen to fit their case.

Edited by Della

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Iraq started that war by launching a full scale invasion on September 22nd 1980 so it was not an Iranian war of conquest, and the borders were unchanged at the termination of the war.

http://en.wikipedia.org/wiki/Iran_iraq_war

The US had a few office buildings knocked down by mostly Saudi terrorists, and so far they have totally invaded two countries both of which are not Saudi.

This "National Council of Resistance of Iran" is obviously a US front orginsation, it's Standard Operating Procedure in any pre invasion propoganda war, any news they come out with should be regarded as propoganda interlaced with a few true things that happen to fit their case.

Perhaps the UN is a front also?

http://www.forbes.com/infoimaging/feeds/ap.../ap2974660.html

Associated Press

Defying U.N., Iran Opens Nuclear Reactor
By ALI AKBAR DAREINI , 08.26.2006, 06:09 AM
An Iranian plant that produces heavy water officially went into operation on Saturday,
despite U.N. demands
that Tehran stop the activity because it can be used to develop a nuclear bomb.
President Mahmoud Ahmadinejad inaugurated the plant, which Tehran says is for peaceful purposes.

If it gets down to war you will have to decide whose side you are on. Having the choice is the beauty of living in a democracy. The UN is clueless and they know their demands are falling on deaf ears. No different to CHamberlain's pathetic pleading with Hitler before WW2 kicked off. Jihad knows no compromise.

http://uk.news.yahoo.com/26082006/325/u-s-...s-u-n-iran.html

A Security Council resolution gives Iran until
August 31
to stop uranium enrichment, which could provide fuel to produce electricity or possibly atomic weapons, or face penalties.

That is in 6 days time. And if Iran fails to respond? Nothing.

Had Iran not been threatening to blow countries off the map and supplying terrorist groups the UN may have been able to work with them but. But with Jihad fever being fostered it seems unlikely.

Edited by Realistbear

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LOL. Yes you're right. The UN is a front. The oil producers deliberately limit production because it keeps prices high. Everything is a conspiracy.

Get a grip, mate.

BTW, you might be interested in my views here: http://www.housepricecrash.co.uk/forum/ind...mp;#entry435521

You missed it. Della is suggesting the front. <_<

This "National Council of Resistance of Iran"
is obviously a US front orginsation
, it's Standard Operating Procedure in any pre invasion propoganda war, any news they come out with should be regarded as propoganda interlaced with a few true things that happen to fit their case.

I am responding by suggesting to Della that if all is a front them perhaps the UN is also.

Its no conspiracy just an E - W showdown brewing. Not much new since the dawning of civilisation I would say. The key is to know which side you are on and why.

Did you read any of the articles I posted on supply manipulation in the oil industry? That's no conspiracy just business. Basic law of economics I am afraid.

Q: How do you raise or maintain high prices? A: Limit supply.

Its the forest and trees problem that tends to blind the chartists whose stochastic approach to investment fails to give enough weight to fundamentals.

Back to Iran. Looks like Germany and France aren't getting too far either:

http://uk.biz.yahoo.com/25082006/323/oil-p...iran-fears.html

In line with a UN Security Council resolution, the United States and its European allies are insisting that Iran stop enriching uranium by August 31 or face the threat of sanctions.
German Chancellor Angela Merkel said Friday that Iran's response so far to an international offer over its nuclear programme lacked "important elements" but that the door remained open to resolving the diplomatic crisis.
Speaking at a joint press conference with French President Jacques Chirac, Merkel said Tehran had to grasp the package of incentives it was being offered in return for suspending uranium enrichment.

On the other hand they have the full backing of the Eastern powers of Russia and China who automatically vote against the West no matter what the issue is. If there is going to be WW3 (if) then it seems that it may well be a straight E- W conflict although it is hard to see why China are pro-Islam as they have been busy bees recently eliminating them from their Tibetan border. Then, it would seem that The Soviets are no friends of Islam either given the Chechnyan and Afghan anti-Islam wars? But I suppose any enemy of yours.........................

I was surprised to see the Germans getting on board but then again they did find some bombs on their train recently as part of the Jihad. The broader "holy war" is not just against OZ, UK and US any longer.

Edited by Realistbear

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Welcome Della. I like your posts on this thread which are the first of yours I have seen.

Just in case this is your first encounter with RB, don't even bother with rational argument. I'm unconvinced 'he' is not actually an advanced bot, an AI that perpetually searches urls regarding house prices / religion / neo-conservatism / zionism, and a few clock-cycles later spouts thinly processed 'analysis' here.

Any resistance to this provokes a torrent of cut-and-paste 'evidence' to the buzzword-contrary, or threats of censorship if you really get his/its logic gates clicking.

I remember an experiment where people had to sit behind screens and converse via keyboards with 'experts' regarding carefully chosen topics, and they then had to then guess whether they were chatting to a real person or an AI system.

Few got it right. :ph34r:

Edited by tahoma

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Welcome Della. I like your posts on this thread which are the first of yours I have seen.

Just in case this is your first encounter with RB, don't even bother with rational argument. I'm unconvinced 'he' is not actually an advanced bot, an AI that perpetually searches urls regarding house prices / religion / neo-conservatism / zionism, and a few clock-cycles later spouts thinly processed 'analysis' here.

Any resistance to this provokes a torrent of cut-and-paste 'evidence' to the buzzword-contrary, or threats of censorship if you really get his/its logic gates clicking.

I remember an experiment where people had to sit behind screens and converse via keyboards with 'experts' regarding carefully chosen topics, and they then had to then guess whether they were chatting to a real person or an AI system.

Few got it right. :ph34r:

:lol::lol::lol:

Oh come on tahoma. Thats a little harsh isnt it?

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:lol::lol::lol:

Oh come on tahoma. Thats a little harsh isnt it?

Haven't you ever seen War Games? If he/it get's his finger/logic gate on the button, most of the Middle East would disappear under a mushroom cloud while he/it mass-produces Christian Nanosoldiers to guard the rebuilding of the old temple!

They would only have one command in their tiny, righteous CPUs - ONWARD!

You heard it here first. B)

Edited by tahoma

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Guest wrongmove

Welcome Della. I like your posts on this thread which are the first of yours I have seen.

Just in case this is your first encounter with RB, don't even bother with rational argument. I'm unconvinced 'he' is not actually an advanced bot, an AI that perpetually searches urls regarding house prices / religion / neo-conservatism / zionism, and a few clock-cycles later spouts thinly processed 'analysis' here.

Any resistance to this provokes a torrent of cut-and-paste 'evidence' to the buzzword-contrary, or threats of censorship if you really get his/its logic gates clicking.

I remember an experiment where people had to sit behind screens and converse via keyboards with 'experts' regarding carefully chosen topics, and they then had to then guess whether they were chatting to a real person or an AI system.

Few got it right. :ph34r:

:lol:

Della, do continue to post - RB will never agree with you or concede even 10% of a point (he knows....), but others will read what you say with interest. You make some very relevant points, even if the neo-cons don't like it.

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Welcome Della. I like your posts on this thread which are the first of yours I have seen.

Just in case this is your first encounter with RB, don't even bother with rational argument. I'm unconvinced 'he' is not actually an advanced bot, an AI that perpetually searches urls regarding house prices / religion / neo-conservatism / zionism, and a few clock-cycles later spouts thinly processed 'analysis' here.

Any resistance to this provokes a torrent of cut-and-paste 'evidence' to the buzzword-contrary, or threats of censorship if you really get his/its logic gates clicking.

I remember an experiment where people had to sit behind screens and converse via keyboards with 'experts' regarding carefully chosen topics, and they then had to then guess whether they were chatting to a real person or an AI system.

Few got it right. :ph34r:

I think that's about right.

The next step will be the humour module but that's proving a little more difficult. American programmers?

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The UN's beef with Iran is over the secrecy about it Nuke program--who knows if they will use the processes for weapons. After all, how are they going to blow other countries off the map without Nukes?

Would you mind explaining the difference between Iran's suspected secret Nuke program and Israel's known secret Nuke program?

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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