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Re: roguedolphin post# 16912

Friday, 07/22/2005 7:52:52 AM

Friday, July 22, 2005 7:52:52 AM

Post# of 173790
rougedolphin - DNO.OL PAR.OL are two companies that will let you hold big oil reverves AND give you a hedge against the possibility of a tanking dollar. I have large early positions in these thanks to Rrainman.

I think the Chinese are not really all that smart and for sure can't be trusted from a business perspective. Just look at their stock market mess. Look at the Chinese stocks that trade here. Look at how much respect they have for copy rights ZERO! Intellectual property rights ZERO, Human rights ZERO! There is big time civil unrest just under the surface over there and it could cause them major problems in the near near future, capitalism will do that you know.

Think about this: If we are at peak oil, why would the Chinese build a new economic future on an oil based economy?

Kipp

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