Posted on 07/10/2006 12:11:27 AM PDT by M. Espinola
Soros was also monkeying around on the Asian markets, notably on the Hang Seng and Nikkei markets, in the 1990's, managed to drag down Asian currencies.
Yes....we've already touched upon that. :-)
I do recall it was a WaPo article.
It gets people "Googlin'" for more. LOL
Yes, it does. LOL
Coal Gasification 2006: Roadmap to Commercialization
Brazil has already gone full steam ahead with cane sugar gasification due to the fact the South American economic giant is the leader in the production of cane sugar, in addition, oranges, coffee and Brazil has even taken the lead in soybeans.
Thanks! That is very interesting info.
Let's go Nucular. :)
(And I want it said just like that to drive the moonbats batty!)
Remember last year when they told us (through the media) that this summer gas would hit $3.00/gal?
Translation: "We're gonna screw ya. But we're gonna be nice and tell ya when we're gonna do it, how we're gonna do it and by how much we're gonna do it!"
"And you poor bastards can't do anything about it. Ain't power GRAND??!!"
The democrats need oil to be high to have any chance of winning at anything. Also the price suddenly backed off on Friday, if this fellow didn't get all his shares sold, he would need to pump oil shares.
I understand what you are saying and it's true, however if one believes in these prognostications from guys who have been previously correct then even little guys can still profit. Just think about the some schlub with a little account to trade oil or whatever other commodity, stock, currencies, bonds, etc.
Return toward the end of 2003, when crude oil was hovering around $29ish $31ish per barrel. If the schlub bought some real long, cheapo call options at a strike price of between $60 and $70, and held them, selling when his options hit the strike prices he made between 30k & 40k on 'out-of-the-money' options he paid under $250 for.
What I am saying is if guys such as Jim Rogers are stating oil could go well beyond $100 a barrel, bet they are playing it safe and going long on the 'energies', while shorting other market sectors.
Think about this as well, if oil prices double in the future, in which direction will stock indexes be price trending? Will gold, silver & platinum simply sit at current price levels once oil soars due to Iran, North Korea or some other horrific global or domestic event(s)?
Jim Rogers is an unbelievable tool. Ever try to carry on an actual conversation with the man over basic economics? Don't bother. He's living proof that making out like a bandit in investments does not equate to having a keen grasp of the larger picture. I'm surprised he's stopped fellating China long enough to talk about anything else.
Oil prices will get a lot more interesting, if we allow Iran to build nuclear weapons and help countries like Syria and Sudan to do the same.
It's really just an excuse to for the speculators to bid the price up and make Billions per week. Iran has had Surface to Surface anti-shipping missiles lining the Straights of Hormuz for decades. That's the real threat to oil flow, and they were there when oil traded at $8 a barrel not to long ago.
The Korean kerfluffle is the same deal, hype to increase the fear premium.
Liberals are having orgasms over this...finally!...everybody has to ride a bike to work!
'Oil will hit well over US$100 and stay high'
Good! Buy XOM.
The difference is that if Iran could heave a nuclear weapon
into the Saudi/Gulf States/Kuwait oil installations, 100 dollar oil would be a dream scenario.
With that one act the economies of most of the world go into the toilet.
What's the story with the supposed huge amounts of oil (in shale I believe) in Utah and Colorado? Is there anything to that?
Please..."Could have"...Pakistan and India developed the bomb in the 90's and oil sold at $8 per barrel.
I think it is fairly obvious that there is Enron style irrational exuberance occurring in the oil markets.
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