Tim Evans
Tim Evans
country found health huge major numbers urban workers
The numbers are sufficient, but there are major constraints. There is a huge mal-distribution of workers in the country and most health workers are found in urban areas.
call hold lost market pull silver staging time week
It's staging what I would call a catch-up move. After resisting the upward pull of silver all week long, the market couldn't hold back any more and is making up for lost time here.
average barrel build early further january likely mild million readings rise stocks tendency time toward
Stocks have a tendency toward a counter-seasonal rise in early January ... but the mild readings this time around make a further 2 to 3 million barrel build more likely than the 1.1 million barrel five-year average increase.
data morning quite trouble
It's having trouble getting out of its own way. Fundamentally, the CPI data from this morning was really quite mixed.
both bush higher longer oil prices quo results short somewhat status term
A Bush status quo results in somewhat higher oil prices both in the short and the longer term in my view,
cash continue ignoring pump ring surplus
They can continue to pump away and ring the cash register, ignoring the looming Q2 supply/demand surplus just like everyone else.
bell consider higher perhaps price ready rung
We've rung the bell at $600 and now we're perhaps ready to consolidate before we consider higher price levels.
climbing crude demand downward high level price reminder revision stocks trouble
The OPEC demand revision is more of a reminder than anything else. Between the high level of crude stocks and the downward revisions to demand, the price should have trouble climbing like it has done this week.
fact mechanism physical pricing risk shortage
The fact that their pricing mechanism is market-related minimizes the risk that a physical shortage would arise.
consensus continue gold higher strong trend warning year
There is a very strong consensus that gold will continue its trend higher this year and that, in itself, is a warning sign.
kids people poison
There's a lot of people who want to do the right thing. My kids are out in the orchard, too. I don't want to poison them.
blows calming cycles data gulf hurricane last rita week
There may be more cycles of hyperventilation yet to come as Hurricane Rita blows through the Gulf of Mexico, but the DOE data for last week was a calming influence.
april crude despite drop last market near remain stocks surprise
Despite the surprise 1.3 million-barrel drop in DOE crude stocks for last week, inventories in the market remain near April 1999 highs.
build bulls case drop fight hurt month past price stocks trying
The bulls are trying to put up a fight here, trying to make a case that the build in stocks and the drop in price over the past month haven't really hurt all that bad.