Kevin Kerr Quotations

We removed the people who did not want to engage in the principles of the fraternity. There has been a huge difference in attitude and actions. They've went from one of the most troubling to one of the most outstanding.

Word from the floor is that volume is light and traders are really awaiting tomorrow's data to decide where we go from here, so we are range bound at the moment.

Now the game is afoot -- the U.N. has the ball and Iran is more defiant than ever.

Nigeria is the major driver behind the price rise. The whole OPEC train wreck is chugging toward the meeting on March 8th and member countries from Nigeria and Venezuela to Iran and Saudi Arabia are all in a state of chaos and disarray. Not to mention the fact that they all have some gripe with the U.S.

I am excited to be able to congratulate the men and women who have worked hard over this past year and demonstrated the outstanding work that Greeks do at Penn State. We are hopeful that these chapters will be pioneers and role models as we move forward with our ambitious plans for enhancing the Greek experience at Penn State.

Gold is exploding, and silver isn't far behind.

Key resistance was broken overnight and, as we have been building support and healthy consolidation over the last week or so, now we have a firm base to move higher.

Look at that, ... It's amazing how it works.

The rate hike news out of China is weighing on the gold market as well as the new margins kicking in and no real new news of uncertainty in Iran.

The debate over should oil be at $60 or $80 is like a debate over rearranging the deck chairs on the Titanic.

We often see this sort of short covering in a record-setting bull market ahead of a weekend, since nobody is sure where we may be Monday.

The times will come down and we'll be competitive.

The sell-off is due to all the locals grabbing profits before the end of the day, nothing more.

The switch is not going to be that smooth. Within the next 14 days, I think we are going to see prices steadily climb.

The supply numbers this week will be the key catalyst.

The oil markets are taking a deep breath of profits before what may be a headlong dive into another bull run.

This build is likely the last one we will see in gasoline for a long, long time.

The next big thing on tap is the Iran situation, and we will have to see what happens then and how the market perceives the deadline passing.

The attacks in Nigeria on a pipeline, and the kidnapping of oil workers is nothing new for that region.

The attack could be devastating to the remaining tattered relations between the Middle East and the United States.

Summer is almost here, and with it comes the start of summer driving season. All across the nation consumption of fuel increases in all forms. Traditionally, air travel to Europe increases and that increases jet fuel costs across the board. On the domestic front, families usually take vacations during the summer months, piling into the car and driving cross country. And outdoor recreation adds to the demand.

Individuals are always looking for a new, hot commodity, and weather futures are just that.

The true worst-case scenarios are not even close to priced in this market yet.

This has caused some traders to pare down their positions and re-evaluate their exposure. However there seems to be little lack of new buying on significant dips in the market.

The gold market is fulfilling the promise that gold bugs like myself have touted for years: safe haven in uncertain times.

The gold market has been looking for more uncertainty and we are seeing it this morning.

The disruption in general seems to have reminded the refineries of their vulnerability and the power of Mother Nature. Gasoline production is destined to be affected, and at the end of the day, the production impact for natural gas and oil will be significant.