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 : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Ron Bower who wrote (8220)	3/6/1999 4:16:00 PM
From: Stitch	Read Replies (2) \| Respond to of 9980

Ron; <<Oil - gas, plastics, transportation, the list goes on and on. The one item that can cause more inflation than any other and it's price can be controlled by a small group of Arabs.>> One reason, IMO, to have some of the "patch" in your portfolio IMO. Best, Stitch

To: Ron Bower who wrote (8220)	3/6/1999 5:06:00 PM
From: Frodo Baxter	Respond to of 9980

>A while back I asked Lawrence what would happen if we suddenly had higher oil prices? You did? What did I say? >I well remember what happend in 1979 and see no reason it can't happen again. All it takes is one OPEC meeting. Think any of the other world's oil producers would object to higher prices? I'm sure they'd love that. Then they'll produce more to take advantage and... oh, yeah.

To: Ron Bower who wrote (8220)	3/6/1999 6:41:00 PM
From: Bosco	Respond to of 9980

<o.t.>G'day all - re: oil. I ve not read the books - heck, I ve not read any book for awhile now <sg>. However, the current geopolitical conditions are quite different from those of the 70s. Rumor is that there is cheating going on amongst the OPEC members. Russia, Indonesia, and even Nigeria are a mess. Pan-arabic nationalism has degenerated into tribalism and religious factionalism. One has to wonder: do the Sunni and the Shiite hate each other more than the Great Satan? [incidentally, to digress with an on topic comment, rabid factionalism is actually quite common. For instance, the late Chiang Kai Shek spent more resources to fight the Chinese Communist than against the Japanese forces, despite the facts that China was overrun by the Japanese Imperial Army.] The conservative elements like the Saudi and Kauwait are less than likely to join hands with Iraq - even if Iran is on the mend. And we haven't gotten to the dire situations in places like Nigeria and Indonesia. Having said that, I am not about to buy the Excursion when my 200K miles clinker still limps along <vbg> best, Bosco