Amvet

6 Comments

    • ON: Mon Aug 25th 12:59 PM
      Commented on:
      Russia Looks Better on Paper Than in Real Life
      The propaganda war against Russia by the US and UK press is several years old. The level of dishonesty from the media about the Georgian attack matches the dishonesty shown about the Iraqi WMDs. European leaders are playing the game with various degrees of slavishness. Even Mrs. Merkel avoided discussing who started the war or how many people the Georgians killed and said some thing about not playing the blame game. As usual, the neocons and the media whores are defrauding the public. Prepare to pay up again. Amvet
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    • ON: Sat Aug 2nd 06:22 AM
      Commented on:
      Let's Get Greedy with Mechel Steel
      The risk of investing in Russia is a big press topic. Russia is bad!! What is not a big press topic is that the most damaging business scam of the century happened recently in the good old US of A and the majority of the damage caused by this fraud was outside the USA. America is good, no problem. Same situation with crimes: a few hundred thousand (maybe) dead in the Sudan...big news and a million dead (maybe) in Iraq, not worth mentioning even though the occupying country is legally responsible.

      For investing, the important thing is to avoid the BS and worry about what is really going on. These days, that is difficult. Good investing.
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    • ON: Fri Aug 1st 15:11 PM
      Commented on:
      Move Over Exxon-Mobil, Here Comes Gazprom
      Some important Gazprom news:

      Last Friday Gazprom signed two agreements with Turkmenistan in Ashgabat: (1) Gazprom will spend $4 B to $6 B developing NG projects in Turkmenistan. (2) Starting in 2009 Gazprom will buy Turkmenistani NG at a price based on wholesale prices in the Ukraine and the EU. (Low markup - massive vollume.)

      Gazprom recently offered to buy all of Azerbaijan´s NG production.

      View article »
    • ON: Thu Jul 31st 15:18 PM
      Commented on:
      Move Over Exxon-Mobil, Here Comes Gazprom
      Muddling investor:

      Political risk is not going up, it is going down and oil and gas prices are great, even if they fall 25%. At least the Russians have not labeled billions of dollars of junk as high quality and killed a big segment of the world´s banking system. With the scams coming out of the US you need to talk about American Roulette, not Russian.
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    • ON: Thu Jul 31st 11:58 AM
      Commented on:
      Move Over Exxon-Mobil, Here Comes Gazprom
      Your comments about Gazprom are late, but the recent crash in the share price may help those who want to own or add. If you are looking for a company that may be on a real upcurve, look at Gazprom Neft which, perhaps, is intended to the oil producing equivalent of Gazprom. I own Gazprom, Gazprom Neft, Lukoil, and Mechel Steel.
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    • ON: Sun Jul 20th 04:57 AM
      Commented on:
      The 'Peak Oil' Myth: New Oil Is Plentiful
      Peak oil is about oil production, not about estimated oil in stone.

      Current production is around 85 million bbls per day. Low end of estimated yearly production decrease per field: 5%. This means that about 4 million bbls per day of new production is needed each year. That means 40 increases of 100,000 bbls per day each.

      View article »
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