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Re: Sexton O Blake post# 1038

Thursday, 09/11/2003 6:56:50 AM

Thursday, September 11, 2003 6:56:50 AM

Post# of 19037
SOB -- the page isn't there? Are you talking about Puplava's Monday Wrapup?

http://www.financialsense.com/Market/daily/monday.htm

One thing I've got to say, and it should be mentioned is that the high price of oil is deflationary. The higher the price-- the lower the demand, and there's nothing like a shrinking economy to balance out the supply/demand equation.

-- I just read the piece on the Hindenberg-- interesting, I hadn't realised it was the paint varnish that started the fire. As for the infrastructure costs in hydrogen fill stations-- it'll seem small compared to what the US is spending in security for the ME. I guess we can only hope for sustained high prices in crude to finally wean ourselves away from imported oil. If oil gets cheap again, we're back to square one.

Regards,
Michael........................................................




FP........................................................

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