Re: Energy Bears Do you get it yet? total bull***

<comics@xxxxxxxxx> wrote in message
news:21339-444B1DA9-521@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
like i said, don, the head of opec, saudi arabia and exxon ALL say oil
is overpriced and we all know there is no shortage anywhere. you can use
any excuse or term you want, but those guys are telling the truth. they
have only to profit by keeping quiet or by joining the "pack" and
screaming out more bull***, but they are telling us thee prices are all
because of unwarrented fears.there is no gasoline shortage. there is no
oil shortage.

And there never will be any shortages. High oil prices will take care of
that by killing off demand. Until you realize that, you're going to continue
being wrong.

analyize the reasons the traders use to justify their
claims. they say iran COULD disrupt supplies, not that they have. they
say there is unrest in nigeria. ha ! there has been unrest in nigeria
for 200 years and you know it.

Except inventories have dropped for a month only AFTER Nigeria's production
went down. That's a FACT.

all these things, like their older claim
north korea was about to attack the alaskan oil fields are scare tactics
to drive up the price. and every major oil find or oversupply story is
just discounted out of hand because it goes against their scam.

Think about what you're saying. You're babbling how the traders are trying
to scare up the price. Who's buying? 99.9% of the public don't buy oil
futures. Therefore, why would the traders need to scare themselves into
buying?

Watch CNBC. Listen to the media. Nobody is talking about oil shortages.
They're all talking about price gouging. Every week, I hear or see some
"analyst", claiming oil is dropping under 40. Using your logic, the traders
are trying to scare the price down by feeding news to the media that there's
no shortages and how it's only manipulation that's keeping the price up.
Can't have it both ways.

Using your logic, it's a conspiracy by the media to deceive the public into
thinking oil inventories are at "8 year highs'. Talk about deceptive. It's
funny how they don't count gas and distillate inventories. Just count the
numbers that support your theories and ignore the rest. Just like the CPI.
Just claim inflation is under control by removing energy and food prices.
Just like the jobs numbers. Just don't include people that aren't looking
for jobs and voila! Lower unemployment numbers! They can pretty much make
the numbers say anything, by removing this and that. If that doesn't work,
keep removing more items until they do agree with you.

--
"Diversification is a protection against ignorance. It makes very little
sense for those who know what they are doing"

-- Warren Buffett

"We make money the old fashioned way. We print it."

-- Art Rolnick, Chief Economist for the Minneapolis Federal Reserve Bank


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