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 what IF the oil bubble burst?

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TSdeity01
post Jul 8 2008, 12:00 AM

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it is going to reach usd150 sooner or later...
ts1
post Jul 8 2008, 09:23 AM

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thgt drops back to 141 level
HappyGold
post Jul 9 2008, 04:50 PM

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QUOTE(deity01 @ Jun 22 2008, 06:45 PM)
what IF, a big IF, the oil bubble burst???? what will happen to the stock market???
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Good morning everybody, rclxms.gif

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. thumbup.gif

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...

cherroy
post Jul 9 2008, 05:36 PM

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QUOTE(HappyGold @ Jul 9 2008, 04:50 PM)
Good morning everybody,  rclxms.gif

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.  thumbup.gif

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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You need to post it at everywhere? doh.gif
sinclairZX81
post Jul 9 2008, 05:44 PM

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QUOTE(cherroy @ Jul 9 2008, 05:36 PM)
You need to post it at everywhere?  doh.gif
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He is requesting for the ban hammer. rolleyes.gif

Back to topic, I think the oil price bubble is getting too big and ready to pop. There will come a time when it is just too expensive.
pleasuresaurus
post Jul 10 2008, 05:38 PM

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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? smile.gif
hanif444
post Jul 10 2008, 06:36 PM

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dun think will hit USD $ 200 this year
TSdeity01
post Jul 11 2008, 12:09 AM

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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
redken
post Jul 11 2008, 12:21 AM

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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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