Friday, December 20, 2013

Eagle Ford Shale Decline Rate Shoots Up A Stunning 10% In One Month

The U.S. and Global financial system is being kept alive by a highly leveraged paper system.  The Fed’s recent announcement of a $10 billion taper has had the anticipated impact on the precious metals and bond market.
Even though I thought the Fed would never taper, the end result will be the same.  As I have mentioned several times, Energy drives the markets… not Finance.  The so-called U.S. Shale Revolution is the only thing that is holding off the collapse of the global markets as it has brought on more oil supply (only temporarily), desperately needed by the world.
Unfortunately, it looks like the “Illusion of Sustainability” in shale oil production took a BIG HIT, as the forecasted decline rate at the Eagle Ford Shale Field increased double-digits in just one month.
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"BOOM": Why the price of a surprising commodity could soar 710% from here

From Pierce Points:

The next big boom in commodities might not be copper, gold, or even oil.

It could be a more obscure market. Natural gas liquids, or NGLs.

I discussed last week how European chemical makers are scrambling to secure supplies of cheap natgas liquids like ethane. Supplies that have been unlocked from America’s booming shale gas production.

Last week we saw evidence that the NGLs craze isn’t limited to European buyers.

Asia also wants to get in on the action...

Read full article...
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Man Who Predicted Gold Smash Tells Investors What’s Next / December 19, 2013
Today the man who two days ago correctly predicted the gold market would be smashed directly after the Fed meeting spoke with King World News about what investors around the world should expect next.  William Kaye, who 25 years ago worked for Goldman Sachs in mergers and acquisitions, also addresses major developments in the war on gold as well as what this will mean for investors.  Below is what Kaye had to say in his powerful and timely interview.
Eric King:  “Bill, you did a fantastic job two days ago of noting that physical gold was being looted once again from the ETF GLD.  You also repeatedly warned that you were very concerned this had taken place directly in front of the upcoming Fed decision.  You were suspicious of the raid because you believed that metal was going to be used to smash the price of gold directly after the Fed decision and that’s exactly what we have seen.  What are your thoughts now?”
Kaye:  “Thank you, Eric, but the bad news is the bad guys are still in charge.  That was reflected with yesterday’s decline after the Fed decision, and once again today.  We have the biggest POMO of the year today….
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Dr. Marc Faber’s three bold predictions for 2014

He's one of the world's most noted market contrarians. Now Dr. Marc Faber, publisher of The Gloom, Boom & Doom Report, has three very bold predictions for the upcoming year.

In an interview with Talking Numbers, Faber offers what he thinks is next for the world in 2014:

1. The market will continue to decline from its November high of 1,813
Faber says: "My sense is that at the present time, the US market is relatively expensive compared to foreign markets, especially to European markets and to emerging markets. On a cyclically-adjusted P/E [price-to-earnings] basis, it is actually going to return very little over the next seven to 10 years. (more)

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MedAssets, Inc. (NASDAQ: MDAS)

MedAssets, Inc., a financial and performance improvement company, provides technology-enabled products and services for hospitals, health systems, and other ancillary healthcare providers in the United States. It operates in two segments, Spend and Clinical Resource Management (SCM) and Revenue Cycle Management (RCM). The SCM segment offers a suite of cost management services, supply chain analytics, and data capabilities; strategic sourcing and group purchasing services; medical device and clinical resource consulting services; supply chain outsourcing and procurement services; capital equipment services, including equipment planning, assessment, and deployment services. The RCM segment provides a suite of software-as-a-service or Web-based software and technology-enabled services addressing various revenue cycle processes, such as patient access and financial responsibility, clinical documentation, charge capture and revenue integrity, pricing analysis, claims processing, denials management and reimbursement integrity, payer contract management, extended business office revenue recovery, accounts receivable services, and outsourcing services.
Please take a look at the 1-year chart of MDAS (Med Assets, Inc.) below with my added notations:
1-year chart of MDAS (Med Assets, Inc.)
MDAS has had a rough go of it over the last month and a half, to say the least. In a market that’s mostly been going higher, MDAS has continued to break lower. A level that seems to stand out on the stock is $20. You can see how $20 has been both support (August and November) and resistance (January, February and April) throughout the year. Earlier this week the stock fell back below $20.

The Tale of the Tape: MDAS has broken $20 and should be moving overall lower. Traders could enter a short trade at $20, while a long trade could be made on a break back above that level with a stop placed below it.
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Dow Chemical (NYSE: DOW) Breakout Signals This Stock is an Immediate 'Buy'

Dow Chemical (NYSE: DOW) has seen bullish price action again of late, pushing past a crucial multiyear resistance line, which could mean more upside ahead.

This diversified chemical company, which manufactures plastics, chemicals and agricultural products, has seen overwhelmingly positive news flow recently.

On Dec. 9, DOW was honored by the Human Rights Campaign (HRC) for its 100% percent rating on the corporate equality index, a national benchmarking tool on corporate policies and practices related to lesbian, gay, bisexual and transgender (LGBT) employees. This marked the ninth consecutive year of recognition for DOW.

On Dec. 11, the Environmental Protection Agency (EPA) honored DOW in its 18th annual U.S. Presidential Green Chemistry Challenge Award. The company has now been recognized nine times since the award came into existence in 1996.  (more)

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