Interesting thing with oil ATM. Keeping a lid on the oil price...

Interesting thing with oil ATM. Keeping a lid on the oil price is in the best interest of a global economic recovery.

QE3 is inflationary, and my modelling on this is proving to be correct (have made an absolute killing on purchasing the right specs in the lead up to QE3). Did post about the effect on commodities a while back, and the swings we are seeing are due to strong competing forces. Not a usual set of circumstances ATM, so hard to call in the short term. Long term though, the greater the money supply, the higher the price (for many commodities) IMHO.

Still holding all my SEA and here for the long term. Highly undervalued IMO, providing oil doesn't go back to the 70's. Once risk tolerance really returns, good stocks at this end of the sector should move well.