Transocean Ltd. (RIG)

[ogbull]

I'm an oil patch investor since 1994. I recall when oil fell to $5 barrel and our economy was booming. Just recently it ran up to $120 and almost bankrupted the world. The high price also sent oil demand into a recession. People started buying small rice-burners to drive back and forth to work. We beieved that oil production would peak and we would soon find a new source of energy.

Instead of peaking, we discovered newer ways to get more oil out of the ground and newer oil and gas fields in deep water so OPEC kept the prices high and raked in quadrillions.

The problem is that the world can't afford $120 oil so oil demand started to fall and the world economy became shaky. Cental banks tried all they could to turn it around but failed.

We areabout to enter a great depression, and OPEC knows it, as do many smart people around the world. But no one wants to admit that crude oil prices can be muniulated.

To prevent destroying their own market, OPEC raised production and created a temporary oil glut that caused crude to come tumbling down.

Now we are back to relative cheap oil and the world economy (except poor Russian) will soon begin to soar. Oil demand will sky rocket and we will see boom times for deep water drillers like RIG.

If you are a smart oil patch investor, you will load up on this stock at these super low prices. I promise you a 50% return every year for the next five years. If you invest $50,000 in RIG stock, you will make $200,000 in 5 years. And all you got to do is set back and enjoy the ride.

Brent crude will stabilize at about where it is now and all modern nations will experience a 5 year boom (except poor stupid Russia).

I'm now shopping around for a nice 1975 Fleetwood gas guzzler. Let me know if you run across one for sale.

Long RIG and getting longer on every dip.