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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST

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To: Mary Cluney who wrote (11590)11/16/2006 5:57:41 AM
From: TobagoJack  Read Replies (2) of 217786
 
i feel very positive vast majority of the time, almost giddy much of the time; i can digest doom and gloom as i can drink watermelon juice ... delicious

btw, saudi crude extraction cost is at usd 2.5/barrel

the last barrel of oil will be purchased from saudi arabia for a while

when saudi does a hiccup, the rest of the suppliers will party up, and send crude to 100+ usd/barrel at the horrid margin; maybe even 200 at the sharp spikey point

the alternatives? what alterantives? ethnol? hardly. hydrogen? far away. coal liquid? expensive. etc

the most viable alternative is and always will be demand destruction; i.e. empty mall parking lots, desolate highways, quietly rusting ships, wrapped up and idled planes, and a boom in bicycle manufacturing

not precisely a bad state of is

see, i am bullish
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