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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (34512)6/16/2005 3:31:30 PM
From: Wyätt Gwyön  Read Replies (2) | Respond to of 110194
 
Andy Xie has been comically wrong about oil prices for a long time now. he is clueless, imo.



To: carranza2 who wrote (34512)6/16/2005 3:54:07 PM
From: SOROS  Respond to of 110194
 
I don't know this fellow, but I'd bet the same guy would say gold is a lousy investment, real estate is not in a bubble, the stock market is not way overvalued, the dollar should be where it is or higher, and America's debt troubles from Joe Schmoe to GM to the government are not really a problem. Sounds like the standard line from Larry Krudlow and the rest of the paid shills on Wallstreet. Even if oil is too high, because most of these analysts are bought and paid for to say the standard line, it makes it hard to believe anything they say or think.

I remain,

SOROS



To: carranza2 who wrote (34512)10/15/2006 1:55:08 PM
From: Wyätt Gwyön  Read Replies (2) | Respond to of 110194
 
China oil imports are up 24% YoY. remember last year, all the "experts" were saying China's oil imports would be down in 06.

last year the "expert" Andy Xie wrote "I believe China’s oil imports are likely to decline in 2005 and may fall further in 2006, as China’s investment cycle turns down."

now Xie is out of a job.