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Gold/Mining/Energy : PEAK OIL - The New Y2K or The Beginning of the Real End? -- Ignore unavailable to you. Want to Upgrade?

To: rails99 who wrote (2)10/24/2004 8:24:44 AM
From: Bearcatbob  Respond to of 1183
 
Picture our favorite stocks if the consensus is that the proper price of oil is ~$40.00. In that scenario I think we have a long way to run. I hope my favorites are considering hedges sometime this winter to capture some of this manna from heaven.

Bob



To: rails99 who wrote (2)10/25/2004 7:17:49 PM
From: SOROS  Respond to of 1183
 
Okay, so now we have three views:

1. Peak Oil is a terrible problem that will destroy up to 90% of mankind.

2. Peak Oil is a complete myth to sell books and promote agendas.

3. Peak Oil as far as quantity of oil available is a myth, but the US has not done what it should to avoid high prices, so they will promote the myth and it as their false excuse to fool the public as gas climbs to super high prices.

I remain,

SOROS (sheep or really old sheep)


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