drooyrich

The 'Peak Oil' Myth: New Oil Is Plentiful

great to see that so many people still do not want to understand the issue of peak oil, peak copper, peak gold etc..I'll just keep on investing in that direction and make beautiful money and dividends..

Why I'm Not Buying Oil's Recent 'Correction'

oil left an open gap at 122 - will fill it probably in the next few weeks - truth is oil production has peaked in 2005 and is now starting to fall fast - Cantarell Mexico is down 14% y/y - all this nonse of oil correcting because it is getting too expensive does not take into account the issue that oil is FINITE and diminuishing - economists can not understand this since their reasoning is based on the classical demand-supply relationship - my bet ? Oil correct at 120 approx. and then goes up beyond 200 when Iran gets bombed by year end - anybody wants to bet ? [e-mail]