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Replies to #41231 on FOREX TRADERS

Zorax

04/30/11 12:08 PM

#41234 RE: Relentless Despot #41231

I have long believed oil is not from fossils, due to the immense depth at which oil has been drilled for decades. Below is just another link in regards to this...

I do not prescribe to this site or it's view, just linked to it.


http://freeenergynews.com/Directory/Theory/SustainableOil/

http://nexusilluminati.blogspot.com/2011/04/discovery-backs-theory-that-oil-is-not.html

Jester_Vandalay

04/30/11 12:13 PM

#41235 RE: Relentless Despot #41231

The threat (to the U.S) is that these countries have the Oil reserves.



The price of oil is based on supply, demand, and the dollar, if we control two of the three than we control the Oil countries.



The cheaper dollars allows me to eat a $1.00 hamburger today and pay you back 75 cents in the future


cifikea

05/01/11 12:31 PM

#41239 RE: Relentless Despot #41231

Everybody's fixated on the dollar and interest rates, and what could derail this could be intervention in currencies or a sudden hike in interest rates...That would make the dollar go up, but the way Bernanke indicated low rates going forward means clear sailing for the buyers of silver and gold.
As for oil if you go back pre fiat currencies it is about .10 a gallon back to 1960 prices you say what? that's right my silver .10 piece is worth 5 bucks that's a gallon of gas :)
who says INFLATION is not real?

daiello

05/01/11 6:07 PM

#41246 RE: Relentless Despot #41231

Very interesting, same with the articles posted after your message. So I'm gonna start digging for oil in my yard lol. Or maybe I'll move to Canada.

Sickens me really.