Nothing will stop the looming global depression; Central Banks out of ammo

rubibond007 · Dec 18, 2008

Quote from ByLoSellHi:

Blah, blah, blah.

Oil is very necessary to peoples' everyday lives, yet that mofo keeps falling.

You long oil yet?
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can you muster an intelligent or substantive response?

rubibond007 · Dec 18, 2008

Quote from Topsurfi:

I like the fact that oil keeps on falling. I am not long oil since the contango situation is bad enough not to invest in oil even if I would be bullish for oil. But I do think that in 1 year we will see higher prices than now.

The typical ET Doom-Sayer thinks rising oil price is the end of the world (it was for them just a few months ago !) and when the oil price starts falling then he converts and tells us that a falling oil price is the end of the world. No matter what happens, its always the end of the world for them.

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This a intelligent and substantive response.

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Nothing will stop the looming global depression; Central Banks out of ammo

rubibond007

rubibond007