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Strategies & Market Trends : The coming US dollar crisis

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To: ggersh who wrote (19849)4/20/2009 3:07:06 PM
From: LTK0074 Recommendations  Read Replies (2) of 71455
 
My vote be recorded i am 100% in disagreement with you.- o my:)
Should the SHTF would ONLY give a HUGE OPPORTUNITY to go BIG BIG BIG time crude.
If DXO hit 1, i would buy 100k shares. Not kidding.

i respect Soros immensely, plus from all else i read--Crude below 70 is now and will keep causing many producers to shut down
Plus there is MAJOR GEO-POLITICAL tension building up.
Mark Faber goes so far that war is in books on this matter.

U.S. wants Crude down to squeeze BOTH Russia and Iran, don't think Putin won't create a crude disruption situation.
Russia has publicly stated crude at 75 is A MUST Have.

Also why the U.S. is too broke to buy anything China has been buying Crude Oil fields or making contractual deals that have a one way ticket to go to China ONLY.
China is in Brazil gobbling up resources that U.S. can't touch due to money problems.



Simmons is calling for CRUDE at 250 in 3 years.
The Crude Market infrastructure and production capacity is getting worse day by day.
That is few cents worth of opinion(VBG:) MMax

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