2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 375.93

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Nov 14 4:00 PM EST

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To: TobagoJack who wrote (555)	9/17/2005 9:58:36 PM
From: Amark$p	Read Replies (1) of 217820

Re: "Venezuela poor... which is the absolute majority." and a growing majority under Chavez!! Re: "... he is raising the oil tithing from 1% to north of 15%, and so that walking around money will not run out anytime soon." you are assuming stable oil production, I assume Venezuela production will be falling, especially PDVSA's production on which Venezuela gets 100% of cash flow. that 15% tithe may have to increase further just to keep that walking around money outlay at current levels (if production declines), but almost certainly Chavez will have no problem through the 2006 election period. be sure to read rather than glance though this article, one of the best I have seen describing situation in Venezuela.

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