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Old Jun 6, 2008 | 12:26 PM
  #1  
lowell75's Avatar
lowell75
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Are you watching?

CNBC just had the NYMEX chief on the hot seat!! He said that less than one and a half percent of the current contracts on crude oil go to delivery!!!

My guess is that 40% of the current BS pricing that is in
our face is a shlock job... the way to keep it going is to keep paying the price!

Call your boss tell him you can't get in to work today cause your tank and credit card are both empty! Back in 73-74 there were stations that ran out of fuel!! When is the last time you saw a station with no fuel..and of course back then people even got a little disturbed about it!

They used ta say hippies were proof that cowboys loved sheep!! Where we're currently at, looks like the inbreading has even gone further...

 
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Old Jun 6, 2008 | 03:10 PM
  #2  
timcos's Avatar
timcos
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Joined: May 2008
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From: Bentonville, AR
I am watching. What is happening to us is inflation on a world scale...so not just internal. The value of our dollar is dropping. It will cost us more of our dollars to buy a barrel of oil.

Want to see some hyper inflation...look at Zimbabwe. Lunch now costs about 5 million Z$. They are bow printing Z$500,000,000 notes.

Also check out the Wiemar Republic on wikipedia.

Tim
 
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