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Strategies & Market Trends : Strictly: Drilling II

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To: SliderOnTheBlack who wrote (17665)8/21/2002 12:14:43 PM
From: Jim Willie CB  Read Replies (1) of 36161
 
Big Oil never benefits from MEast turmoil
since their supplies come from ME (not state of Maine)
Big Oil is a processor and distributor only
only junior and Canadians will benefit imho
crude oil is stubborn, Slider
Asia still is ramping up in demand, with China key
despite the West leveling off from eco-slowdown

it wont take much pressure for the entire Saudi Govt to crumble, seriously
their leaders are old and sickly
what a backfire if the royal family implodes from all our pressure, and a Wahabbi Asshole takes over

the economy is giving Bushy a new perspective
he has nothing to lose doing risky things worldwide now
unfortunately, USForces have NO NEIGHBOR to Iraq for staging

100% agree on GOLD
both the tension will push capital into gold
and the Saudi repatriation will find its way into gold
gold is perhaps holding several derivatives together
Rogue Waves a comin'

all these lawsuits and recognition of Saudis as accomplices will have a real nice warm fuzzy feeling
UNTIL THEIR EXPORTED CAPITAL WORSENS THE RECESSION IN USA
I like the feeling but dread the end result
it has been a very strange marriage since the 1970's
their infidelity has been too great to ignore

/ jim
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