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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 378.35+2.7%Nov 10 4:00 PM EST

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To: elmatador who wrote (25942)12/2/2007 10:32:06 AM
From: Maurice Winn  Read Replies (1) of 217656
 
Born yesterday: <" Barnier told Reuters in an interview.
"We should not let global price rises impact peoples' food consumption and lifestyles here, so we have to protect them against that," he added.
>

Famine is as old as living things on Earth. Prices have been rising and falling the whole time, whether the word "price" was used or not. "Price" means the effort required to get some.

When wolves in the Arctic are having a lean year, whether it's because they have out-bred their food supply or their food supply has been eaten by something else, or the polar bears are guarding the food, or the food supply got sick and died, the price of their food goes up and they have to make a lot more effort to get some.

Some of them are not up to the task or are unlucky, and starve.

Such is life.

Barnier thinks he can change the facts of life. He can't. Prices will rise and fall. Food consumption and lifestyle will change with those prices. It's the same with oil.

In Y2K, I invented a new theory which I have called supply/demand/price. The three are always in balance. For a fee, I will explain my theory.

Mqurice
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