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mikeylikesit41 » Comments » CNP

  • Oil Manipulations Exposed [View article]
    RVER - Sorry you are on a fixed income. Trust I see your pain as I'm helping out my own parents who are retired.

    However, let's place the blame where it really needs to be. GREENSPAN. He is the one who robbed you of years of interest rates on your fixed income assets. From savings accounts to CDs, to... well you name it. He demolished your spending power by ensuring you couldn't keep up with inflation.

    Simple question. When was the last prolonged time you saw a 6.5% CD being advertised?

    Well? You could have briefly gotten a 5% about a year ago but before that... I can't even remember. It seems like about mid 90s or so.
    May 27 11:51 am |Rating: 0 0 |Link to Comment
  • Oil Manipulations Exposed [View article]
    nerfer - it's not bad for me. I'm making money on the rising price of everything. Worst case for me, I break even across the board.

    Let's say computer chips doubled in price... would you cry that Intel is playing unfair or invest in Intel???? Would that affect the price of computer equipment? YES... would that then affect all businesses expenses? YES.... would that then affect EVERYONE? YES.

    What is your point?

    If you want to bet against Oil going higher, then fine. Do it. But don't come to my house bumming change for a meal in 5 years when you are broke.

    Be smart. Bet on higher oil. Short stocks that higher oil will have a negative impact on. etc etc.

    It's called investing in a capital market...
    May 27 11:44 am |Rating: 0 0 |Link to Comment
  • Oil Manipulations Exposed [View article]
    Parliamentary?!?! Watch most any Parliament to discover exactly how those people speak. The author is tame in comparison.

    Why does everyone complain about the price of something... Why not make money off of these 'bubbles'. If the idiots are going to bid up something to astronomical prices, figure out a relatively safe method for making money off the morons.

    Heck, the price of oil can go up or down and I don't care. If it goes up, I make money. If it goes down, I make money elsewhere.

    Quit fighting a rising tide.

    A wise man stands on the side of the road, points in the direction of traffic and yells 'THAT WAY!'.
    May 27 10:13 am |Rating: 0 0 |Link to Comment
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