| FINDING DEAL$ ON GA$OLINE: |
Hmmmmmmmmm.....someone is not only long, but he's pimping his own new company. This is NOT "news"; it's a shill looking for business.
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 out there. We just aren't allowed to get it.
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??!!"
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.
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.
I don't know the reputation of this Rogers guy, but T. Boone Pickens says we will see $100 a barrel before years' end. Pickens knows more about the oil business than any species on the planet. We have China and Indias' economies to thank as well as the fact that world oil production is past the peak. Read Hubbard's Peak for your own interpretation.
Bring it on, it'll be great for my motorcycle businesses.
:)
Oil hasn't gone up much lately (last 6 mos.). I'm betting (not literally)it will go below $60 before it goes over $100.
Executive order: screw the enviroweenies and start drilling EVERYWHERE! Start building three new refineries, one on each coast and one out in the middle.
Let me guess. Rogers is long oil. Am I smart or what?
And no way must will drill in ANWR or the continental shelf!! It would be bad for whales or polar bear or something!!
"One factor that could bring down the price would be a bird flu epidemic, which would send all asset classes plummeting, he said, although oil would probably fall less than other markets."
Sure. That or Barbara Streisand coming out of retirement.
Never trust a guy in a bowtie - never.
Sounds a lot like what people thought about the "new economy" during the dot-com bubble...
Of course, with commodities, there's something "real" behind it, like oil.
But Rogers has been touting "commodities" on every show I've seen him on since the 90's.
We need to replace oil with something else ASAP.
