Posts Tagged ‘oil bubble

08
Jul
09

$20 oil by this fall?????

oil is crashing due to the goldman/hedge fund bets leaving the market again.

here’s larry k talking about potential $20/barrel oil, which would roughly equal sub $2/gallon gas vs. our $3+/gallon today…which would be nice.

i sold off all my USO (oil ETF) before last month’s oil rally ended…but plan to re-enter the big casino this fall/winter when we have our annual collapse/debt crisis.

great article on the paper oil-bubble:

http://www.forbes.com/2009/06/16/oil-commodities-energy-business-energy-oil-prices.html

from the blog: http://accidentalhuntbrothers.com/

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02
Jul
09

matt taibbi exposes goldman “pump and dump” sachs in new RS article

http://zerohedge.blogspot.com/2009/06/goldman-sachs-engineering-every-major.html

here’s the 60 minutes article on the oil ‘pump and dump’ story:

GREAT TO SEE OUR BAILOUT DOLLARS GOING TO PRODUCTIVE STUFF 🙂

17
Feb
09

collapse of dubai real estate market another sign that ‘stupid’ money is gone for good…

while it was stupid and ridiculous to build an arab version of las vegas 5 years ago….it looks really dumb in today’s post-oil-bubble world…




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