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Gold/Mining/Energy : Peak Oil, or Oil Bubble?
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To: saveslivesbyday who wrote (224)6/3/2009 7:13:34 AM
From: Dan3   of 229
 
It's part of the problem with the current strategy of trying to stimulate the general economy by loaning several trillion dolars to some extremely rich fund operators who have a track record of making seriously stupid decisions.

So we have boatloads of cash floating around in the hands of dummys - some of it was bound to wind up in oil (where you can only go so wrong).

If enough cash is pumped out to politically connected banksters, it will eventually produce a big inflation.

Equally as likely is that this just won't work, the dummy's will make the money disappear (like they did last time!) instead of losing it to someone smarter. In that case everything will go down, including oil.

I have no idea which way it will go, but recent oil action has the "big inflation" side doing pretty well.
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