G. L. Turner

High Gold Prices: It's the Oil, Stupid

Re: Natural Gas -

The reason that NG is not being used in the US is because Gov. Sachs has not figured out a way to control the 'global price' of NG - perhaps, its because this is a domestic resource that can't be manipulated through ICE.

Second: Since each beef steer consumes the equivalent of 155 gallons of gasoline in its short lifetime, and the American Public eats a huge amount of meat, to it severe detriment and that of the planet, on average and across the board - at least once every day...about 7 times the average amount around the globe - we if would just cut back our beef consumption by half...we would most probably cut our imports of foreign oil by close to half. This would substantially improve our health, save alot of money domestically (personal budgets/health carecosts) and reduce our foreign outflows by a significant amount as well as make a decent impact on carbon emissions...and most importantly, all this cost us nothing...

Go figure!

Silver and Oil: Shiny and Rare

The reason Oil is the Trade of the Year is simply, since US Big Oil (the illustrious 3) and Government Sachs aare hard at work using OIL and RBOB as thier main tools to siphon off what ever recovery can be generated, Oil will turn out to be "THE ONLY TRADE of THE YEAR" by the end of the year...

Speculative Futures trading would be a good thing if it was not controlled and manipulated by these two greed meisters!

Oil Sensitivities

The OIL PRICE PROBLEM is huge - the inflation is jsut getting started - think about this - it will cost you twice as much to live in late 2009 than it did in summer of 2007 - get that 'double' in just 28 short months - food, fuel, electricity/nat gas/ heating oil and insurance and medical bills - add up all the base essentials and these numebrs be will double...all the in the face of a recession/deep one - we have a confluence of energies underway that is the 'perfect storm' for a major upset of our lifestyle...
and the pols are sittin' onthier butts - and the Bush admin change teh rules for reporting inflation - had too...isn't that obvious...
Waht a losuy admin we have in the WH fo rhte last 7 years...