Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: JimisJim who wrote (9144)	4/11/2008 2:27:57 PM
From: jim_p	Respond to of 50753

The new middle class in China and India are not going to turn in their cars for bicycles anytime soon. Without abundant energy supplies the world economic outlook will be constrained by the supply (or lack of supply) of oil. With oil over $100 per barrel we should be seeing a dramatic increase in oil supplies and so far it hasn’t happened. Import inflation announced today as the highest since the 80's and earnings miss from GE which should have benefited from the falling UDS and strong foreign sales??? Not looking to good for the bulls today and most likely tomorrow. Jim

To: JimisJim who wrote (9144)	4/11/2008 4:00:22 PM
From: RonMerks	Read Replies (1) \| Respond to of 50753

What increased oil supplies? Oil inventorys are bloated, even with the government still filling the SPR. How about the FACT that the world has discovered more oil in the last five years than in the last 20. That comes from Exxons CEO. The Petrobras find in Brazil, the new Bakken numbers, the Jack field in the Gulf of Mexico, and the Oil sands in Canada- there is NO SHORTAGE OF OIL in our hemisphere! There is just no push to expand refining capacity, or for the Oil companies to push for faster production growth- it's far, far, more profitable to inflate the paper financial markets and let the Bush-Cheney-Saudi Cartel leverage investments in the paper oil market, keep military tensions high- and hold the world hostage at prices nearly triple what they otherwise would be- while reaping hundreds of billions in windfall profits, by controling oil production. How much money do you think is being skimmed out of Iraq? Pallets of cash, billions in physical cash missing, and billions more in black market oil being siphoned off. It will end by 'them' creating a final global crisis in which we will end up with one currency, one central bank, one world court, and one new ruling monied & intellectual elite. Ron