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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST
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To: elmatador who wrote (35603)6/10/2008 7:20:11 AM
From: carranza2  Read Replies (2) of 217588
 
You're wrong.

Having live through the Mexican oil discoveries of the '70s and '80s, I find the parallels compelling.

As Brazil may find out, the discovery of huge amounts of oil is a curse, not a boon. Hope and pray that the oil is costly and difficult to extract.
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