Jafco,
Let me give you perhaps a more important perspective!
Gold has rallied a little here from an important low, PGM's have broken above resistance, but will fall back. There is a much more important scenario in play.
Oil is crap here and by all estimates of the "great experts" is likely to remain repressed for the next ten years in view of the present "glut". What pure crap!!
You believe that?
There is a hybrid animal in power in Iraq, and he is bread between a donkey and a goat! I would call that a "Dongoat"! Smart like the Devil and stupid as an "ass"! and dangerous as "hell"! Beside that, the "Devil resides there", and that is the seat of his throne, and though I hate all about him, perhaps he will have a day or two here!
What we have here is a situation where I would not touch the advice of my advisors with a long, long stick--You say I am stupid--well, I have been that way for a long time, and wish to remain so in light of what I see here.
What is the cure for the world "Oil Glut"--The only cure is "turmoil" and "uncertainty"!
You all tell me how that will happen? Which "world puppet" will rescue the "World Oil Patch"--Perhaps the "Dongoat" of Iraq!
My view here is that the "Dongoat" has probably issued his last lies within the next fiew days, but I have been wrong before, but not often, and all are allowed to watch his destruction!!
Old, Jack!! |
