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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Crimson Ghost who wrote (25463)11/19/2007 5:38:11 PM
From: TobagoJack  Respond to of 217564
 
i note for the copy book that russian/central asian oil going to china is, for some intermediaries, at 20+% below world benchmarks, far in excess of discount justified by shipping and insurance, as state-corp-to-state-corp stuff generates 'handling' frictional loss from one hot hand to another, so that the machinery keeps turning and generates luxury homes in london and hongkong, the empire that once was, and the colony that was once upon a time

the machinery is humming, pounding on all 16 cylinders, smooth as an italian super car

the cost of oil is, for the short term, irrelevant to the price of oil, as once discovered and accessed, the marginal cost is not so much relative to free market demand price

the same frictional heat generation had also always been happening across the state-corp-to-state-corp trades of commodities, is my suspicion, from aluminum to zinc



To: Crimson Ghost who wrote (25463)11/19/2007 10:21:08 PM
From: TobagoJack  Read Replies (5) | Respond to of 217564
 
just in by e-mail

News from The Globe and Mail theglobeandmail.com

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QUOTE
Anatomy of a panic
For three days in August, an obscure but massive investment class teetered on the brink of a meltdown, rescued only by the ingenuity of a small group of bankers and lawyers. The aftershocks have shaken the markets, destroyed reputations and frayed friendships
...
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