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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (1558)	3/9/2004 7:44:27 AM
From: Wyätt Gwyön	Respond to of 116555

good to see peak oil is making it into prime time media a bit. i think this is the primary reason the world as we know it could eventually fall apart, even if it isn't ended by wars or bio- or eco-catastrophes.

To: stockman_scott who wrote (1558)	3/9/2004 12:08:59 PM
From: Jim Willie CB	Respond to of 116555

Saudi goes into oil production decline, & leaders will exit this is the key event for their departure very consistent story with Shell Oil annouced 20% decline in reserves what the article totally overlooks is the vast exaggerations on OPEC existing oil reserves I believe OPEC has 50% less oil than publicly stated the more Iran or Libya or Nigeria lies about reserves, the more they are permitted to raise production levels, and benefit from income "Get Ready for $50 Oil" by Bill Powers (who phoned me in January just to talk for 40 minutes) financialsense.com / jim