Maybe the Three Bears will be in the Honey.
put me down as bear 3 on WMT.
Yogi and Roebear, something has toooo GIVE. !!!! XXXXXXXXXXXXXXXXXXXXXXX gold-eagle.com
Study this , really thinK it might me important for AEM. XXXXXXXXXXXXXXXXXXXXXXXX man that would put this on the map. new production and higher prices.
I really thing we can beat the pack on this,
think about this. DBLE and AEM for a one two punch.
DBLE and AEM = NEW production , gas and gold. DBLE has less than 5 mil shares out. AEM is in high Psychology metal, GOLD.
I think the way DBLE has been trading, seen it before, it can really fly.
we can protect our selves two ways.
Small Oil and Gas, and small ( the best ) Gold Company.
think we can get a big hit in both.
DBLE has BR drilling a 25,000 test next to property, maybe reserves are under their field.
AEM has not been fully drilled, < new property they just picked up next to the Mine.>
it's going to be a GREAT week for the 3 bears.
I am a bear on WMT, I am buying puts to protect out last 7 years of investment in WMT.
think it will be a great short. they have the largest fleet of trucks to deliver, Guess what, they use OIL.
made some nice coins last time oil went up on puts.
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NEW YORK, Sept 14 (Reuters) - U.S. oil prices broke back above $34 a barrel Thursday, holding near decade-highs as old tensions over oil rights resurfaced between Iraq and Kuwait.
In a surprise move, Iraq accused Kuwait of stealing its oil by drilling along the border and said it would take unspecified measures against the country, which it occupied in 1990 and 1991 during the Persian Gulf War….
Kuwait on Thursday denied it was doing anything more than taking oil from its own territory and accused Baghdad of trying to trigger a new regional war.
`We haven't stolen anything. If you take from your own land it can't be stealing,'' Kuwaiti foreign minister Sheikhh Sabah al-Ahmad al-Sabah told Reuters.
End.
The following was presented to Café members in Midas September 11 commentary:
"The Café's oil information from your fellow members continues to be a "10." Very few oil analysts out there have nailed this move up as we have - and forecasted the reasons for it to do so.
"Here is the latest oil bulletin from one of those sources to me:
"September 11 , 2000. Based on a detailed evaluation comparing crude oil tanker capacity to current world demand, it appears that the proposed OPEC increase of 800,000 barrels per day production will have no impact on rising prices other than the temporary effect caused by the reflex reaction of uninformed speculators in the futures market. Data shows a shortage of tanker capacity to move the amount of crude oil already available on the market. In short, no one, including OPEC, can physically move more crude oil into the international export market right now.
"A number of factors are coming together to cause an impending price spike that can only be tempered by a severe reduction in consumer demand, primarily in the US."
This source goes on to say:
"Economic recession due to high crude oil prices could be as near as January. New annual budgets for non-petroleum companies will be reconfigured to cover high petroleum costs. New budgets will spawn higher product prices, and result in less expansion and less spending on nonessential items. First items to be cut from budgets will include computer equipment, Internet sites, furniture and construction projects."
Here is another tidbit for you from a different source:
"Just to let you know that I have been in contact with Dr. X and we both believe that sometime soon (September/October) Saddam will cut supplies.
"If he does, oil could go higher than the predicted 50 per barrel, ma$ybe to $60. Imagine the political havoc....."
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Check out DBLE,
dble.org
Really think this stock can fly, only 5 mil shares out. new gas production and drilling , |