Replies to post #1355 on Oilsands Quest Inc (fka OBQI)

[S Chun-Li]

Of course peak oil isnt to blame for the credit crisis.

1) Modern govts abused the fractional reserve banking system to live off debt.

2) Modern govts debt grew so big that the interest became large enough to be a problem. IE they had to get into more debt to pay their debts off. Like using one credit card to pay off another.

3) Modern govts brought interest rates down due to their own aforementioned debts, and resulting liquidity set off a huge asset bubble mainly in housing, but latterly in commodities.

4) The bubble is now doing what bubbles do.

[NYBob]

Why Oil And Gold Are Headed Much Higher -
by: NuWire Investor October 19, 2008

http://seekingalpha.com/article/100642-why-oil-and-gold-are-headed-much-higher?source=article_lb_articles

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=32911633

Was listening to a quality investor yesterday on TV saying
that the market is in a V shape and that it doesn't look
like the bottom is that far away.
He said that in Vs when the move up comes it is very fast.
Now...for the part that relates to BQI....

the more volatility the better ~
the higher it will FLY ~

down fast UP Fast ~

God Bless