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Strategies & Market Trends : Commodities - The Coming Bull Market -- Ignore unavailable to you. Want to Upgrade?

To: Thomas M. who wrote (76)6/4/2001 2:56:05 PM
From: craig crawford  Read Replies (1) | Respond to of 1643
 
The Tent of Saud
oilcrisis.com

perhaps it's time to dust off this article from nov 1995 by jim rogers. it shows how reckless the saudi's became when they were convinced they were going to get $100 a barrel of oil for decades. they racked up huge debts and dependencies and got lazy. i think that is one of the reasons they have had to keep the oil flowing. of course there are other reasons as well.



To: Thomas M. who wrote (76)6/4/2001 4:03:03 PM
From: craig crawford  Respond to of 1643
 
3:39pm 06/04/01 JULY CRUDE CLOSES AT $28.13 A BARREL, UP 20 CENTS
3:03pm 06/04/01 JULY SILVER CLOSES AT $4.335/OZ., DOWN 8.8 CENTS
3:01pm 06/04/01 CORRECT: AUGUST GOLD CLOSES AT $266.50/OZ., DOWN $1.50

p.s. i forgot to mention jim rogers also correctly pointed out a few years back that the euro was going to run into all sorts of problems and not be successful in it's present form. bingo.


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