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NYBob

07/24/08 11:30 AM

#5714 RE: New Age Investments #5709

UPDV should be much higher! - well said -

another trillion Q. -
If oil supplies are so tight already that OPEC -
cannot do without Iran -
(which contributes less than 5% of the world's oil) -

how will the world meet fast rising demand -
from the developing world over the next few years? -

And with supplies so tight -
why cut back on development ... unless you already know -
you've reached a permanent peak -
and can't raise output -
no matter how hard you try? -

The head of OPEC, Abdalla Salem el-Badri, said it all last week.

On the one hand, he admitted that OPEC could not make up
for the loss of Iranian oil, in the event it goes offline.

On the other hand, he said that OPEC might halt investment
in new oil production capacity.

UPDV has what it takes -

UPDV the Q. Will Israel attack Iran? Or is the U.S. secretly
planning to make peace with this rogue nation?

Either way, what will these events do to oil prices?

That's the trillion-dollar question these days.

But buried in a recent New York Times article on the subject
is the deeper truth that shows that –

no matter what action Israel, the U.S., or Iran takes –

or even if diplomacy triumphs –

oil prices will skyrocket regardless -

UPDV start LT mirror reflexion -



its a long hike back UP :-)



onco

07/24/08 11:31 AM

#5716 RE: New Age Investments #5709

yep. driving me crazy

why_meil

07/24/08 2:38 PM

#5832 RE: New Age Investments #5709

Don't worry New Age, it'll get there. Slow and steady is what I want. I prefer single or double digit daily percentage gains over triple digit non sustainable ones. For a longer term investor, say 3 years, anything under a dime is a steal. Mark this post and revisit it on July 24, 2011. Seems like a long time to wait but time flies when you're having fun.

My opinion.