Robespierre

John Hussman: Is There a Possibility of $60 Oil?

What makes you think that say Libya or some of the other OPEC countries will not lower their supply to match the lower demand? How do you know that China will not use their reserves to start increasing their own strategic reserves once oil starts to drop in price?

Oil's Outlook Remains Good

Good post. I agree completely. Will you expect the yuan to increase in value to offset the cost of china's oil imports?

Record High Crude: Free Markets Meet the Cartel

Vikram:
"We are losing the economic war every time we ship our dollars abroad in exchange for $125 oil."

Who are you kidding? I actually feel sorry for those OPEC suckers that are willing to let go their real asset (oil) for a bunch of little pieces of green papers that the FED seems to be willing to supply in humongous quantities. The joke is on them until they smart up and ask something of real value for their oil

Record High Crude: Free Markets Meet the Cartel

"On side we have the free markets of the US; on the other side we have the world's most powerful cartel."

You could not be more hypocrite:
Free markets?
Bear Sterns?
Free bail out to banks?
Agriculture subsides?

Please !!!!!!!!!