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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Crimson Ghost who wrote (11549)4/8/2004 7:58:21 PM
From: ForYourEyesOnly  Read Replies (1) of 110194
 
***Must See Video & Presentation on Oil***

Hi Filmore,

It is indeed possible that his comments were somewhat old, but for at least 6 months, it has been rather clear that the optimistic forecasts for increases in Iraqi shipments were simply not grounded in reality.

It is likely that this is not true for just Iraq, but even for other Middle Eastern countries, such as Saudi Arabia. They may have much less oil that is "expected."

simmonsco-intl.com

The following interview was made after Simmons made the presentation shown above.

media.globalpublicmedia.com

This is the loudest warning yet from Simmons.

Cheers,

THC
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