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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 387.13+0.1%Dec 4 4:00 PM EST
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To: carranza2 who wrote (13090)12/28/2006 7:04:26 PM
From: Seeker of Truth  Read Replies (1) of 218182
 
All the time we hear about the Saudi government needing its oil profits to support a vast mass of government employees etc. If they cut their price in half, would they have enough money for their own needs? We can be sure that EVERYBODY would want to buy the $30 oil. So they will supply the whole world? It certainly doesn't look feasible.
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