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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: John Koligman who wrote (164967)	11/17/2008 2:17:40 PM
From: butschi2	Read Replies (1) \| Respond to of 306849

Perhaps Somalia is starved for OIL. It will be interesting if they have use for the crude oil. If the tanker burns the damage to the confidence in oil trade will fall and the prices for insurance may skyrocket or even spiral out of control. The tanker alone should be worth north of $100 mio coupled with the oil it may be worth around $200 mio ore more and the damage to the environment may be huge if the ship burns/spills.

To: John Koligman who wrote (164967)	11/17/2008 2:32:11 PM
From: Think4Yourself	Read Replies (1) \| Respond to of 306849

They have started to attract the attention of the world's militaries, including Russia, the US, and France. That's very bad news for the pirates. Suspect the life expectancy of a Somali pirate is about to get very short, as in today + less than a year. If it continues the life expectancy of a Somali government official and/or warlord may also get pretty short. We will backtrack where they came from with satellites and the intelligence divisions will do some research. Pretty soon, BOOM, some buildings mysteriously blow up with lots of men inside, and not necessarily a building in Somalia. Might not even be a bomb from the US. The pirates and the people behind them are making lots of powerful enemies.