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.

Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?

To: Dwight Taylor who wrote (1545)	11/5/1997 6:28:00 AM
From: Cage Rattler	Read Replies (1) \| Respond to of 5676

Ben: Are you aware of a reference dealing with the historical correlation of world events and the various US and foreign markets? Iraq functions as a power buffer between Syria and Iran and therefore killing Sadam was(is) little more than a quick fix. The ecconomic support of US/UN anction and policy would quickly evaporate in todays environment. Inflation vs. deflation, beyond currency, is a hard call but I vote for deflation over the long haul. Ciao, Ted

To: Dwight Taylor who wrote (1545)	11/5/1997 8:31:00 AM
From: Tommaso	Read Replies (2) \| Respond to of 5676

I felt that one effect of leaving Saddam Hussein in power in Iraq was to convince various countries, including (then still) Soviet Union that we really did not wish to permanently invade any part of the world. I think the restraint showed by the US helped end (or seriously ease) the cold war. Iraq's actual oil production is not neglible, but is not enough to move oil prices all that far one way or the other. I say this as someone who would love to see oil prices at $30 or higher. A coup in Saudi Arabia could do that. But don't count on it happening. At some point a squeeze is coming, but meantime new drilling methods and even new oil fields keep the stuff flowing.