Goodness Gracious, Eclectus, for the first time in my life, I agree with Stephen Leeb! <g> Thus the worm turns, saith the Prophet. Slowly, ever so slowly. OSX was a jolt to the MO MO system. It is now firmly established that Mo money can also be made in OS.
India and China, so someone is finally catching on. In Leebs honor, I just may resurrect, for a few issues, Banzai Bulls Asia Journal. For it seems that folks have forgotten Asia entirely, what with all the OPEC discussions. Thats ok, since OPEC is a big and current story. I, for one, would not mind a dip in crude into the high twenties. This will give the developing economies some breathing room and lull everyone back into complacency about crude, thus taking pressure off central bankers. As the Dog saith, "Anything over 21 is Lagniape for Oil Services." Most savy oil sector investors know this. We are now in the low 30's. Does this qualify as "Super Lagniape?"
After all, if the world craves oil, OS is the means to provide it. We got the tools, we satisfy. Slowly the worm turns and the connection is made.
Bull |
