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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Wharf Rat who wrote (49346)4/2/2002 1:51:08 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 65232
 
I expect crude oil above $50 within two years
deja vu, for sure
worse, all warnings since 1973 totally ignored
SUV
need say nothing more

as for production, NOT IN MY BACKYARD prevails

Osama BedLinen is on record wanting $130 crude oil
that sounds ridiculous, but not really
cocacola is about $175 and rising, per barrel
I personally find crude oil worth 10x more than cola

we are in absolutely zero position to push Sodomy around
are you aware that 90% of Iraqi exported oil goes to USA ???

that will be Sodomizer's first act & deed if attacked
cut off exports to USA
but it will find a way, e.g. via Italy or France or Spain

Arabs will unite very soon against the USA on oil front
oil is their biggest weapon
economically, oil is their only weapon
their medieval society exports oil, but also almonds, figs

I can see it coming
Sudan, Egypt, and Syria form a FIG EMBARGO AGAINST THE USA

next weapon is terror attacks
then comes camels for harness racing
last is ragtop headdress, for kindergarten amusement

later comes exports of the Dirhan coins -- gold & silver
with Islamic inscriptions
I expect them to be very professionally done
great propaganda tool

you know, something I read last week comes to mind often
if Arabs want to undermine the US economy
and do so in an asymmetric manner
a cheap excellent way would be to assist a silver shortage default
it would lead to gold rising in concert
and the loser would be the USdollar
then our interest rates would rise
and possibly our stock and bond markets would get hurt

it would only take about $2 billion devoted to purchasing physical silver bullion
the pinch would be felt in days
/ jim