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.

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

To: gregor_us who wrote (102933)	6/16/2008 12:22:37 AM
From: skinowski	Respond to of 206178

people in the industry are becoming increasingly "reluctant" to sell oil for delivery in 2010--even at the price of 135.00 Huh. I wonder why? :-) Maybe because people like to sleep at night?... :) I would be afraid to sell 2 year out oil at $135. It is a bet strictly on a major deflationary global slowdown. In every other possibility - if everything goes well, or if there is a slowdown, but it is not deflationary (or there is an unexpected fall in supply, or the USD falls deeper, or some international conflict takes place, etc.) - such a sale would end up being a loser. And who knows just how bad a loser.