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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: profile_14 who wrote (62922)4/19/2006 12:27:50 AM
From: GaAs52  Read Replies (1) of 206299
 
This frenzy is also grown by the conflict escalating foreign policy (and statements) of Bush adm. Iran's current govt. benefits greatly from Bush foreign policy and so is Hugo Chavez at the expense of US consumers. No wonder Hugo Chavez comes out with nutty statements when oil price goes down. (He is happily quiet now).

Cool the conflict, pull the crude price down to $40 and both Ven, and Iran regime will change in a year or two without a single US soldier getting hurt.

Historical example: The collapse of Soviet Union thanks to the ultra low oil prices of mid 80's. Oil was the primary hard cash generating thing for Soviet Union. No wonder the cold war went through its peak by late 70's with the increasing oil prices.
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