2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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

GLD 368.31

+0.6%

Nov 7 4:00 PM EST

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To: TobagoJack who wrote (25506)	11/21/2007 6:47:51 AM
From: elmatador	Read Replies (2) of 217633

Galloping inflation forces people to park money on a tangible assets. Usually brick and mortar. Now that property cannot be used as a parking place for money, oil is being used. Thus pricing going to the stratosphere. The interim period, sends a lot of money into the oil sector. Here's the good news: As Tech bubble causes over-investments in technology, to the point that we have technology -after 7 years after tech bubble went KABOOM- to last at last 5 years more, we are seeing an over-investment in oil sector that will cause oil to be found wherever it is. Thus henceforth, causing oil to plummet real well. Consider: Oil discoveries -fuelled by the carnival of investment now- will come on stream, more ethanol with cellulosic technology and bio-diesel, gaz guzzlers wipe out technology to find and extract more oil will mature and by 2020, we will have a world awash in energy.

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