Brian
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- Aug 6, 2007
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- Age
- 50
As many of you know I bought what I call the KSB (Korean Shit Box) or a Hundia Accent recently to save money on gas, which was very important to my budget since I moved further out of town back in March. It gets about 35 mpg mixed. Everybody knows by now that the oil price per barrel is a sham created mostly by speculation. Here is the reality as I see it. Demand is down, reserves are up, supply is up, and there is no logical reason for the rise in oil prices. Mind you I do not ignore the weakening dollar, but the hearsay that is driving oil prices through the roof has gotten rediculous. I remember the other day after reporting the following: Demand is down in Asia, Saudi and Kuwaite reports no oil shortage, demand is down in the US, and OPEc raises production again, US reserves is up, etc. etc. etc. That OPEC in no doubt complete and utter frustation states that oil prices were likely rise to 150 to 170 dollars a barrel. Does this make any sense what so ever to anybody at all? Thousands of repots to the contrary and oil prices jump because of a stupid and frustrated comment? They must think that the masses are frick'n retarded!
Okay now here is my plan to pop the bubble which I have actually been practicing for quite sometime. Stop driving unless absolutely neccesary! Plan your trips to town to maximize your purchases of goods. If you can walk or ride a bike to the store, work, etc. DO IT! I understand some are like me and live so far out of town that it is impossible to completely stop driving but we can still change our habits as well. Cancel your road trips this summer as well. If we significantly reduce our purchase of gasoline it will force the bubble to pop which I actually see happening in the near future if we do our part. Leave the speculators no excuses to influence the price of oil! It will absolutely have to come crashing down if we do this accross the United States and Canada.
IT IS HIGH TIME THE POOR BEND THE RICH OVER AND START F'N THEM UP THE ASS!!!
And one more added thing I just thought of... If you have money invested in the oil industry sell now! Buy gold if your investing to hedge against the falling dollar that won't create pain for everybody like oil and food does. Money put into the oil market this year is 5x last year. Knock that shit off already! You will not save or gain money effectively by costing yourself more money in food, oil, gas, shipping, etc. See everybody has to have those things to survive. Not to mention if you keep investing or continue to hold oil stocks you are going to be hurt the worste when the bubble does pop!
http://www.winnipegfreepress.com/subscriber/business/local/story/4192068p-4782777c.html
http://www.forbes.com/business/2008/06/03/soros-energy-congress-biz-beltway-cx_jz_0603soros.html
Look billion aires say Pop this Bubble or else! This dude knows how to make money. He's not just some senial old fool...
Okay now here is my plan to pop the bubble which I have actually been practicing for quite sometime. Stop driving unless absolutely neccesary! Plan your trips to town to maximize your purchases of goods. If you can walk or ride a bike to the store, work, etc. DO IT! I understand some are like me and live so far out of town that it is impossible to completely stop driving but we can still change our habits as well. Cancel your road trips this summer as well. If we significantly reduce our purchase of gasoline it will force the bubble to pop which I actually see happening in the near future if we do our part. Leave the speculators no excuses to influence the price of oil! It will absolutely have to come crashing down if we do this accross the United States and Canada.
IT IS HIGH TIME THE POOR BEND THE RICH OVER AND START F'N THEM UP THE ASS!!!
And one more added thing I just thought of... If you have money invested in the oil industry sell now! Buy gold if your investing to hedge against the falling dollar that won't create pain for everybody like oil and food does. Money put into the oil market this year is 5x last year. Knock that shit off already! You will not save or gain money effectively by costing yourself more money in food, oil, gas, shipping, etc. See everybody has to have those things to survive. Not to mention if you keep investing or continue to hold oil stocks you are going to be hurt the worste when the bubble does pop!
http://www.winnipegfreepress.com/subscriber/business/local/story/4192068p-4782777c.html
http://www.forbes.com/business/2008/06/03/soros-energy-congress-biz-beltway-cx_jz_0603soros.html
Look billion aires say Pop this Bubble or else! This dude knows how to make money. He's not just some senial old fool...
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