what IF, a big IF, the oil bubble burst???? what will happen to the stock market???
what IF the oil bubble burst?
what IF the oil bubble burst?
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Jun 23 2008, 01:45 AM, updated 18y ago
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#1
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921 posts Joined: Jan 2008 |
what IF, a big IF, the oil bubble burst???? what will happen to the stock market???
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Jun 23 2008, 01:52 AM
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#2
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1,028 posts Joined: Oct 2006 From: Urban area, Rural area now back to Urban area |
Back to 1997
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Jun 23 2008, 01:57 AM
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#3
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1,031 posts Joined: Sep 2006 From: ▁▂▃▅▇ ٩͡[๏̯͡๏]۶? |
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Jun 23 2008, 02:07 AM
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#4
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194 posts Joined: Mar 2006 From: heaven to earth |
sure inflation and economy crisis.
Barang Naik!! |
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Jun 23 2008, 02:43 AM
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#5
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3,037 posts Joined: Jun 2007 |
Huh?? What do you guys mean? I think that the best think to happen if the oil bubble were to burst.
Why? ; 1: Transportation costs down. 2: Utility costs down 3: Cheaper airline fares 4: Lower freight rates 5: Manufacturing costs down 6: Automotive industry will be revived. 7: Raw materials for everything plastic/polystyrene would be down But bad points; 1: Government tax collection from oil companies would be down 2: Less business for oil industry service companies (but they are small number anyway) 3: Due to less tax from oil companies, development of infrastructure might be scaled down. So to conclude, people will be happier but will be driving down shittier roads. |
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Jun 23 2008, 12:54 PM
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#6
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1,523 posts Joined: Dec 2007 From: Puchong... |
we will wait and see |
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Jun 23 2008, 02:08 PM
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#7
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1,184 posts Joined: May 2005 |
If it is true that speculators are holding a billion barrels of crude oil, price is going to go up more, and goes down gradually.
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Jun 23 2008, 05:11 PM
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#8
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34 posts Joined: Oct 2004 |
i think many ppl who invest oil will need to jump from building
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Jun 23 2008, 05:50 PM
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#9
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
I think some people misundertand the term oil bubble burst & oil bubble
Oil bubble mean oil price shoot to unrealistic high. Oil bubble burst mean sky-rocketing oil price bubble become deflated, aka burst. Oil price plunged down significantly. |
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Jun 23 2008, 05:53 PM
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2,013 posts Joined: Aug 2007 From: USJ |
I think the bubble is going to get a bit more bigger before it can burst.
But when burst, dunno lar, if you are involved in that industry directly, then maybe hard times will come. But other industries will enjoy cheaper fuel. |
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Jun 23 2008, 05:56 PM
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84 posts Joined: Jan 2003 From: Petaling Jaya |
I think it will gives a big boost on the economy, increasing of demand in almost all sector.
It is very hard to tell how stock market would response, it will fluctuate dramatically as people trying to adapt to changes. I won't be surprise with a very inelastic response from government in terms of oil subsidy. Traffic?.....jam! |
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Jun 23 2008, 11:05 PM
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2,205 posts Joined: Jan 2003 |
Nah, I dont think it will burst so easily.
They bought so cheap and now with prices so high, their average still pretty low. Now if you are in need of oil and someone approach you to sell you USD120 per barrel, you wont even think twice. |
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Jun 24 2008, 12:17 AM
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921 posts Joined: Jan 2008 |
well...i also think that stock market will rise, lower inflation...but i do like to hear about those who say "sure it will cause inflation and economy crisis."
cos i still think it is not so simple... maybe we need another point of view... |
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Jun 24 2008, 09:39 AM
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1,523 posts Joined: Dec 2007 From: Puchong... |
$136.40 now... |
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Jun 24 2008, 08:50 PM
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1,120 posts Joined: Jul 2006 |
If oil bubble burst, it will be good news to everyone in this world.
Share market will boost by property, consumer, aviation, transportation ..etc..(only O&G stock will affected, in this case we dun buy this counter lor). Everyone gain from share market(other than O&G stock), ppl richer, consumer spending up, economy good, ... So, what we waiting for? Lets pray for oil bubble to burst anytime... |
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Jun 24 2008, 11:49 PM
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921 posts Joined: Jan 2008 |
will cause the stock market suddenly rise rise rise then those big croc suddenly pull out from the stock market since their target reached, earn enough, then make the stock market collapse?????????
maybe i think too much.... |
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Jun 26 2008, 02:13 PM
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3,569 posts Joined: Sep 2006 From: Bermuda Triangle |
this depends if oil market is bigger or stock market is bigger
there is also company which invested in oil and possible of other company who invested in the company that invest in oil....so if oil bubble burst.....so is that company that invest in oil....... hard to say...too much chain reaction |
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Jul 2 2008, 10:38 PM
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2,546 posts Joined: Jan 2003 |
Doubt that the oil bubble will burst as there are no alternative available energy
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Jul 3 2008, 03:12 PM
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1,227 posts Joined: Sep 2004 |
Can anyone enlighten me what is causing this oil prices to go up?
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Jul 3 2008, 03:20 PM
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5,369 posts Joined: Jan 2003 |
QUOTE(Quinn @ Jul 3 2008, 04:12 PM) Can anyone enlighten me what is causing this oil prices to go up? supply= demand (long term security)i do think the oil bubble now is totally unrealistic. from national interest to individual interest...all add up is ...UP UP GREED |
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Jul 8 2008, 12:00 AM
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921 posts Joined: Jan 2008 |
it is going to reach usd150 sooner or later...
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Jul 8 2008, 09:23 AM
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3,784 posts Joined: Jun 2005 |
thgt drops back to 141 level
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Jul 9 2008, 04:50 PM
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10 posts Joined: May 2008 |
QUOTE(deity01 @ Jun 22 2008, 06:45 PM) Good morning everybody, I just discover a fabulous application on Explore, Discover, Datamine and Strike Gold with 24hGold.com ! that permits to obtain in real time gold and silver quotes --> Gold and silver page <-- But you can also find a lot of articles about oil bubble, makets tendencies... Be a little curious and visit the website really well done. Indeed, this page is really well done because if you click on other currencies like euro, Canadian dollar, Australian dollar, pound, yen... you obtain the quotes, the trend, the historical data, interactive chart, the gold / silver ratio and the precious gold and silver news. Waoh, so many information! Well, you can see on this page that invest in gold or silver can be a good choice. Just keep a watch on these rates for few days, you will see that it is a good opportunities. The rest of the 24hGold Website is as interesting and practical as this Gold / Silver page. Indeed, you can read several news about always gold and silver... |
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Jul 9 2008, 05:36 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
QUOTE(HappyGold @ Jul 9 2008, 04:50 PM) Good morning everybody, You need to post it at everywhere? I just discover a fabulous application on Explore, Discover, Datamine and Strike Gold with 24hGold.com ! that permits to obtain in real time gold and silver quotes --> Gold and silver page <-- But you can also find a lot of articles about oil bubble, makets tendencies... Be a little curious and visit the website really well done. Indeed, this page is really well done because if you click on other currencies like euro, Canadian dollar, Australian dollar, pound, yen... you obtain the quotes, the trend, the historical data, interactive chart, the gold / silver ratio and the precious gold and silver news. Waoh, so many information! Well, you can see on this page that invest in gold or silver can be a good choice. Just keep a watch on these rates for few days, you will see that it is a good opportunities. The rest of the 24hGold Website is as interesting and practical as this Gold / Silver page. Indeed, you can read several news about always gold and silver... |
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Jul 9 2008, 05:44 PM
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2,013 posts Joined: Aug 2007 From: USJ |
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Jul 10 2008, 05:38 PM
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2,586 posts Joined: Jan 2008 From: got la sumwhere |
Came across a few articles on analyst opinions, one guy comes to mind: Arjun Murti from Goldman Sachs. He anticipated a spike in April 2005 after which the prices hiked up from $57 to $105. He's anticipating prices to spike 150-200 this time around. Now wouldn't that be spectacular?
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Jul 10 2008, 06:36 PM
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1,523 posts Joined: Dec 2007 From: Puchong... |
dun think will hit USD $ 200 this year |
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Jul 11 2008, 12:09 AM
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921 posts Joined: Jan 2008 |
actually i do feel the oil price only rise 20%....the other 80% of the current rise in oil price is because the Depreciation of USD
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Jul 11 2008, 12:21 AM
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2,352 posts Joined: Jan 2003 From: Pixelgasm |
Anyway the oil bubble will not burst because the oild speculators theat everyone is getting at is indeed the oil producers themself.
Good news for petronas, good news for cronies, bad news for msia citizen. This post has been edited by redken: Jul 11 2008, 12:23 AM |
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