Beautiful isn’t it??? All this NEGATIVITY!!
Here’s a prediction for you…
OIL is going to get HAMMERED in the very near future!!!
WHAT??? Have I lost my marbles???
No…It’s a simple economic reality.
Anyone see what’s happening to MASS TRANSIT ridership in this country??? It’s going THROUGH THE ROOF!!! Up 100% this year alone.
Anyone notice the TRUCKS & SUV’s being traded in for Ford Focus’s and Honda Civic’s??? Both Honda and Ford CAN NOT meet demand for these cars. (they both get high 30 mpg)
Travel for Memorial Day weekend 2008… was the LOWEST in 20 YEARS!!!
Demand for Gas in this country is going to fall off the charts. Watch what happens when George W. leaves the White House. I don’t care, or think it matters which dope takes his place. The PARTY “W” threw for BIG OIL is OVER!!
This oil BS is all speculation. How do I know this??? Because they tell us every night that it ISN’T!! Once we get a sharp move down IT’S OVER for this trade. Buying oil futures has been a NO BRAINER for the last year. TOO many people who have NO IDEA what their doing are in it. When it breaks WATCH OUT!!! It’ll look like a 2005 Florida Condo pre-construction sale.
Anyone notice how “OUR” non recession seems to being spreading unchecked through out the world???
Deutsch Bank (the current LARGEST HOME OWNER in the USA) is predicting 6.5 MILLION FORECLOSURES Globally over the next 5 years.
Watch…As the rest of the world falls into their NO RECESSION, the US Dollar is going to RALLY HARD!! When that happens and with lower demand for Gas, OIL IS going through the FLOOR!!
Almost NO ONE is predicting this. Do you think China is going to need all that oil once the spending in the US and (later) the rest of the world slows to a trickle??? It’s ALREADY happening here, just wait… this MESS is just picking up speed.
As the old saying goes…“There is no better cure for high prices, than high prices.”