Josh !
The date is on the email.. I was buying really quite heavy and although I have a average price of 5.75$ I am going to start to reduce my margine.I do not want to take a sudden hit.I am getting out.It was a nice run ,but greed is a killer.
Saturday, July 24, 2010
Oil moves fast
Oil price at their current price
From: Edward H.C Graydon
To: rube@sympatico.ca
Date: Mon, Jul 5, 2010 at 4:48 PM
Subject: Oil price at their current price
Mailed-by: gmail.com
I am very surprised by the current Oil prices, and I am shocked that we are not at least over $100 per barrel. The fact that the prices of Oil are dropping during the Gulf coast spill to me is even more of a disappointment and should reflect the cost to the environment {should being my opinion} I am one who hopes for higher prices on the grounds that I am in Oil {HOU.UN} more than that higher prices are a benefit to change. I try to do my best to not drive and believe that maybe only the rich should drive. The price of Oil in my mind is going to fly in the next few months due to a political move somewhere in the world; but this is only hopeful thinking. My mind was changed forever after spending four months in China, the Chinese are nuts about the car to the point of ignoring self preservation .I love Shanghai, but find that if the Chinese do not reduce their dependence on driving ,is it not a form of self induced suicide? Or is it negligence of the government? No matter what people say about Oil now as an investment, I cannot resist as it was $145 not that long ago and time moves quickly and when it does decide to move up again it is really going to move. I am not coin: in it at the moment on Oil. But I see money at a later date, when I might need the money for another issue,"for now I do not, and think it is going to rise just as fast as it has fallen back”. I am better of two months early then one day late getting in.
My question to you
Do you believe that Iran and the Middle East can affect the price in a sudden way!
The fact that the consumer is more aware of the industry issues, if the price where to climb to $145 would they be more accepting of the price and would this be a blessing to the industry to raise the price. Would there be more acceptances from the consumer.
Am I nuts! to believe that what I see in China can not possible carry on without having long term problems for all countries and people on this planet.
Have you been to China and have you seen, firsthand the problems facing that country?
Thank you
I received your email from The Globe and Mail
Edward H.C Graydon
From: Edward H.C Graydon
To: rube@sympatico.ca
Date: Mon, Jul 5, 2010 at 4:48 PM
Subject: Oil price at their current price
Mailed-by: gmail.com
I am very surprised by the current Oil prices, and I am shocked that we are not at least over $100 per barrel. The fact that the prices of Oil are dropping during the Gulf coast spill to me is even more of a disappointment and should reflect the cost to the environment {should being my opinion} I am one who hopes for higher prices on the grounds that I am in Oil {HOU.UN} more than that higher prices are a benefit to change. I try to do my best to not drive and believe that maybe only the rich should drive. The price of Oil in my mind is going to fly in the next few months due to a political move somewhere in the world; but this is only hopeful thinking. My mind was changed forever after spending four months in China, the Chinese are nuts about the car to the point of ignoring self preservation .I love Shanghai, but find that if the Chinese do not reduce their dependence on driving ,is it not a form of self induced suicide? Or is it negligence of the government? No matter what people say about Oil now as an investment, I cannot resist as it was $145 not that long ago and time moves quickly and when it does decide to move up again it is really going to move. I am not coin: in it at the moment on Oil. But I see money at a later date, when I might need the money for another issue,"for now I do not, and think it is going to rise just as fast as it has fallen back”. I am better of two months early then one day late getting in.
My question to you
Do you believe that Iran and the Middle East can affect the price in a sudden way!
The fact that the consumer is more aware of the industry issues, if the price where to climb to $145 would they be more accepting of the price and would this be a blessing to the industry to raise the price. Would there be more acceptances from the consumer.
Am I nuts! to believe that what I see in China can not possible carry on without having long term problems for all countries and people on this planet.
Have you been to China and have you seen, firsthand the problems facing that country?
Thank you
I received your email from The Globe and Mail
Edward H.C Graydon
Thursday, July 22, 2010
The Pan Am stadium at the Harbour front .
This site is usually reserved for banking issues , but I am posting my opinion here because it is financial in theme. If the current mayor and councilors decide to move forward with this plans ,it will destroy this city.The problem is that by building a mega stadium their it brings the traffic count and development idea closer and closer to the Durand neighbour hood and Aberdeen and bay area were people are enjoying the peace and quite. In time you will have a hard time to stop the progress, and that area as time goes on will become a parking lot for games.I can not believe that people want to reverse the progress, that was in place to make downtown more pedestrian friendly ,I mean does that not go against the idea of renewal ,I believe it is political suicide and will be the complete down fall of this city if it is approved.I also can not believe that given that the tiger cats do not want to be there, that it is still being considered. I believe that if this development goes through it will destroy our city..I am opposed to this project 100% and believe that there are far better alternatives for the site .
If the current politicians can not listen to Bob Young ,do you think they will listen to you?and even if it is approved it is bad for the Durand,if I can walk from Aberdeen and Bay to the market to spend $30 0n vegatables ,I believe that people will park in the Durand area ,and walk down to the stadium to save a $25
If the current politicians can not listen to Bob Young ,do you think they will listen to you?and even if it is approved it is bad for the Durand,if I can walk from Aberdeen and Bay to the market to spend $30 0n vegatables ,I believe that people will park in the Durand area ,and walk down to the stadium to save a $25
Monday, November 16, 2009
China China China and Obama
The people of China are slaves to the American consumer; and the side effects of 8% growth will only lead to environmental disaster in China{given that it is not already here} The governments in my view are on a very wrong track; and I believe Obama is being short sighted. This will be his first trip to China;and he can not ignore what he will be exposed to on his trip;if he travels around the country; "with his eyes open". If he chooses to be blind; to the issues that stare him in the face; there will be trouble.The led in the air; is a real problem in parts of China; as is air quality in all parts.The water issues are huge; and the issue will not be resolved until growth is reduced; as far as exports to North America. "It is very much the idea of not in my back yard"; poison them not me. I believe Obama;should implement laws that limit consumers to a preset spending allowance;as in the long run there really is no other way; as the by-product of money;{or materialism} is environmental waste. "All they need to do is clean up there act".
Edward H.C Graydon
Edward H.C Graydon
Friday, November 13, 2009
Stanley Ho Shows He Makes Macau Money Vegas Men Can’t Replicate - Bloomberg.com
Stanley Ho Shows He Makes Macau Money Vegas Men Can’t Replicate - Bloomberg.com.
Doing business with Stanley is the only way to go; China is the place to do business; how long it will last thou; this is what should be questioned. I rather have done it; then questioned what all the fuss is about;"Just Do It" { Cash only please}. Given that the environmental side effects from gambling are none; my money is on Stanley. Money only comes down to proper math and arithmetic.
Doing business with Stanley is the only way to go; China is the place to do business; how long it will last thou; this is what should be questioned. I rather have done it; then questioned what all the fuss is about;"Just Do It" { Cash only please}. Given that the environmental side effects from gambling are none; my money is on Stanley. Money only comes down to proper math and arithmetic.
Friday, October 30, 2009
Canadian Banks are now in big trouble
There is no question in my mind that the access to credit in Canada is becoming scarce; even those with good credit are starting to feel the pinch. Canadian banks are no different then there American counter parts. Now is the time to take advantage of the use of cash; and forgo the issues of borrowed money. I personally have begun this transition to cash; and lowered my debt load. I suppose ? the fact that I always enjoyed my dealings with banking institutions ; or more the the people that I have met; and befriended over the years;those people are no longer working for the bank; and the high turn over of staff and the lack of trust towards the customer {and who can blame them fraud is so rampant} are causing me to question?
I feel the collapse in the Canadian banking sector is here; and not just on the way. I mean even Carney is a little bit of a pessimist towards his own kind.
I still love banks; banking; bankers; and personal credit but I am getting nervous.
Edward H.C Graydon
I feel the collapse in the Canadian banking sector is here; and not just on the way. I mean even Carney is a little bit of a pessimist towards his own kind.
I still love banks; banking; bankers; and personal credit but I am getting nervous.
Edward H.C Graydon
Monday, October 19, 2009
"The Tacky Rich"; Who are they?
When a young women comes from the Philippines; or any other country for that matter; as a nanny. It is for all Canadians to show respect to newcomers; but we have a problem ; so called wealthy people" can not afford to pay the bill. I have learned that it has taken the Harper government; until Now to pass a law protecting the rights of Nanny's. If you are a Canadian taking the stance; that you will hold back on payment ;or to cause a issue for a new arrival based on any reason especially money; then you are "vile in nature". "I would not align myself with anyone that does not realize that we are now in a global world; and these actions are the cause of world poverty. If you can not afford to pay your nanny a fair wage; then do it yourself . Only absolute Scum refuses a decent wage; or even worse refuses to pay all together {even if it is only minimum wage} I believe that these actions constitute a form of incarceration. I mean these actions account to basic slavery; and bringing someone into a foreign country on false pretences is the ultimate in poor taste. These people that come to Canada on these grounds are trying to help there families back home; and start a new life here in Canada; if this is you then you should be ashamed .Share your luck with newcomers; if you spread fear and anxiety to others based on your own selfish needs it is going to come back to haunt you.?It really is not great for your own mental health.
This type of person ;is usually of very poor character ;as there is no accounting for good taste ;and it does have simalarities to common prostitution at the street leval; almost like the bad john; that does not want to pay for services renderd.
Edward H.C Graydon
This type of person ;is usually of very poor character ;as there is no accounting for good taste ;and it does have simalarities to common prostitution at the street leval; almost like the bad john; that does not want to pay for services renderd.
Edward H.C Graydon
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