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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 416.72+1.2%Dec 26 4:00 PM EST

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To: TobagoJack who wrote (12075)12/2/2006 4:41:12 AM
From: Maurice Winn  Read Replies (1) of 218765
 
TJ, I thought the answer is quite obvious<<<....The price of oil is high, so profits for Exxon, etc are very high>>

... and how is that good?<
>

Profits for Exxon [and other oil merchants] being high is excellent for their shareholders and other "stake-holders". Shareholders like to get lots of money. I'm sure you know that.

Which isn't to say that everyone is happy. The nature of good things is that they are often not good for somebody else. Every silver lining has a cloud.

I was explaining how there are many ways to view the WAT, in particular in Iraq, as being a success.

Mqurice
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