Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Haim R. Branisteanu who wrote (79932)	6/9/2008 5:26:06 AM
From: westpacific	Read Replies (1) of 116555

Also Hain, how much oil is really sitting up on the N. Shore of Alaska? More than you can imagine, maybe more then in S. Arabia. Me thinks they are sitting on it to keep upward pressure on prices via reduced reserves in the major OPEC players. Been the plan going way back into the 60s, remember we had oil shocks in the 70s as well. Also, a great strategy longer term, use up other nations supplies and hold onto ours for the future. It is not really ours, since the money changers (FED banks) will take it over to pay off the debt we owe them. Peak Oil, sure it exists, if you utilize known reserves - what are the unknown? That is not factored in to the energy crowd peak oil push. Also notice all the peak oil folks are energy men, energy consultants or energy finance. Hmmmmmm. West

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