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Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?


To: pbull who wrote (9223)9/30/2002 3:47:59 AM
From: Sig  Read Replies (2) | Respond to of 13815
 
There is a lot of truth in your recent posts.
By coincidence our Reg gas here is also $136/gal
I pulled a Donnie yesterday, have now wrecked two garden tractors. A very close call.
I was backing down a slope toward a shallow pond > had a defective tranny Trying desperately to get out of reverse gear, I managed to pull the shifter right out of the tranny and fell off it..
Forget all that bullshit about having your whole life flash thru your mind in your last moments
What I remember would have been a tractor upside down with spinning wheels coming down on top of me as
lay on my back in a foot of filthy water. The hood pinned my right leg to the bottom. had to yell for help while trying to scrape mud off bottom so I could get my leg out. After 15 minutes somebody arrived to move tractor enough to I could escape. ( wives can be useful)
If I was younger I may have been converted right there. Instead I will just say how much I have enjoyed meeting everyone on the threads. And keep enough back from the market to save a nest egg for use in better days
Sig
PS Take the next girl to see a tear-jerker Something like Gone with the Wind.

.



To: pbull who wrote (9223)9/30/2002 9:30:35 AM
From: Jim Willie CB  Respond to of 13815
 
oil and gold are highly correlated
that is, except for 1998-2001
now they are becoming more tightly linked
but still many hooks, tethers, balls & chains tied to gold's legs

that is changing
just observe JPMorgo for proof
from 60 to 18.5
I expect a tragic and calamitous death of JPM, which will lead to a derivative event perhaps 10x larger than LTCM in 1998, thereby releasing gold even as the US BigBank system is shaken to its roots

oil is good, but really strange market
oil is commercial commodity basic
gold is financial commodity basic
I expect an oil spike (if war spreads thru Islamic world) to at least $75/bbl
an amazing amalgam of oil crosscurrents though
Russia is now ramping up
Caspian Sea by 2004 will hit the market
(some believe the Afghan-Iraq-Islamic assaults are about control of the Caspian supplies, ownership, delivery)
I believe the argument carries some merit

are US leaders aware that for the same $150B cost of this war we could carry out a fuelcell R&D grant and product subsidy program that would take us 25% of the way toward energy independence?
the stupidity of American leadership and American citizenry will be well-recorded in history books

/ jim