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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: ChanceIs who wrote (71077)	9/15/2006 1:32:11 PM
From: elmatador	Respond to of 206099

Not only China: India's state-owned Oil and Natural Gas Corporation (ONGC) will have a 29 percent share, while the remaining 20 percent will be reserved for Iranian firms, well-informed sources were quoted as saying. As you can see while the US embargoes, the Indians and Chinese are hot in pursuit of Iranian oil. Now consider if the US would use a nuke against Iran: How many countries in the world would start building nuclear weapons and acquiring the rockets? South Africa, Brazil, Argentina... US not using nuclear weapons is the only guarantee the rest of the world wont do. Can someone in the US do a ping pong diplomacy with Iran like Kissinger did with China?

To: ChanceIs who wrote (71077)	9/15/2006 8:23:42 PM
From: Bob Swift	Respond to of 206099

>>>Sinopec, a major Chinese oil firm, may soon sign a deal with Iran to develop the huge Yadavaran oil field<<< Sinopec (SNP) has been beaten down for too long. If indeed oil price is coming down, it will benefit much more than the other two oil firms in China. I am adding to my position. Iran and China has much more going on in that part of the world. In fact, when the Turks smashed Iran during the Tangs dynasty, many of the noble men from the court landed in the capital of China, influencing the arts and science of the time. Some become government officials. One particularly horny general An Lushan grabbed the queen's breast and the bra was invented to cover the scratch mark up. He almost overthrown the Tang dynasty but was put down. Iran and China go back a long way. I agree Iran will get the bomb. It will be such a boost to their national pride they will stop at nothing to get it. Lets negotiate the shape of the negotiation table. The worry is not whether Iran or Israel will use it first, rather, a lunatic from either side may just push the button and contaminate the oil there forever. Lets continue dumping oil and gold stocks !!