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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?


To: Crossy who wrote (11284)8/6/2005 9:05:00 PM
From: Crossy  Read Replies (3) | Respond to of 37387
 
IRAN - goes confrontational with entire West !

Hours ago I heard that the new hardline, Mullah-sponsored executive branche of Iran, headed by a president who formerly had an alleged role as an embassy hostage taker , went along their intended path of escalation: they just turned down a compromise plan brokered by the (IMHO weaseling) EU to assert Iran the right to nuclear power plants, in fact going as far as supplying them the nuclear fuel, if on the other hand, Iran would stop enrichment and implementing some set of control procedures.

Well, after this move, should any doubts still have existed previously about that country's leadership´s real goals and aims, they should have disappeared by now.

What are the options to the "West", especially to the US and Israel ? Hard to say.. there are not too many. the spectrum ranges from sponsoring opposition activities to the Mullah regime towards attempts to take out the nuclear facilities like Israel had done with Iraq's Osiris project...

all such actions only put more stress on the worldwide supply chain of Petroleum related products. The price of oil should increase materially in all such scenarios.

while the world as a whole may become a less secure place once again, energy investors might feel the consolation of at least being as protected with regard to wealth as one can be in such a context

best rgrds
CROSSY



To: Crossy who wrote (11284)8/7/2005 2:04:55 PM
From: texas_coyote  Read Replies (1) | Respond to of 37387
 
@CROSSY

Thank you for your link to the eye-opening interview of Matt Simmons and the global oil scenario. As I followed your insighful posts over a year now and often profitted handsomely from some of your recommendations, I see your dominant focus on oil companies. That, paired with the viewpoint that oil per barrel at $100.00 is not only a certainty but also actually cheap, is scary and realistic at the same time.

How do you see our lives changing?

PS - thanks for your many free-money calls of the past.