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Will you SMILE BIG if OIL [Copy link] 中文

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Post time 2007-1-8 16:44:57 |Display all floors
drops below USD40 per barrel???

Oil price is coming down from all time high.

+ good weather, not soo cold a winter,

the economy is saved by droping oil prices!!!

WHAT do YOU THINK???
What's on your mind now........ooooooooooooooo la la....Kind Regards

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Post time 2007-1-8 16:47:02 |Display all floors
Originally posted by caringhk at 2007-1-8 16:44
drops below USD40 per barrel???

Oil price is coming down from all time high.

+ good weather, not soo cold a winter,

the economy is saved by droping oil prices!!!

WHAT do YOU THIN ...


the oil price was confirming what it had predicted earlier, that is, it would plunge to as low as US$40 per barrel.

Since then, oil price has dropped further and is now on its way to US$40 per barrel , whether OPEC cuts its output or not.
Demand has slowed and the oil speculators were either caught on the wrong side or are now betting that it would drop more. There is good and bad in this event.  

The good part is that the world economy would get a big boost that is the equivalent of a major tax cut. In addition, inflation and thus interest rates everywhere would be dropping.

The bad side of the oil price drop is that it may signal that the world economy is slowing sharply and or that the commodity rally has been busted. For those chasing the oil stocks blindly, be warned..... get on the wrong side, then, you just get slaughtered.
What's on your mind now........ooooooooooooooo la la....Kind Regards

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Post time 2007-1-8 17:05:22 |Display all floors
okay,
do that means my train ticket to my home for sprong festival  dropped?
Time for GCT!

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Post time 2007-1-8 17:22:44 |Display all floors
Originally posted by brianzhang at 2007-1-8 17:05
okay,
do that means my train ticket to my home for sprong festival  dropped?


in the NEXT spring Festival......

as it is so slow for the savings to trickle down....
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Post time 2007-1-8 18:10:41 |Display all floors
haha,you can make the leakage hole bigger,
so that I can save more money!
Time for GCT!

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Post time 2007-1-9 12:47:09 |Display all floors

Reply #4 caringhk's post

still TOO MUCH LIQUIDITY in the market.....

If we hold down inflation by keeping commodities affordable for the Joe Duhh and Mr. Wang....
You still need to wonder at the excessive liquidity....it could just turn into hyper-inflation....easy....so when is the Amerikan Regime going to destroy some dollars..(so that the Democrat government has some money to print and spend!)
Amerikan Regime is innovative, now experimenting in "smells"...in New York now!

ha ha ha


Green Dragon

[ Last edited by greendragon at 2007-1-9 12:49 PM ]

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Post time 2007-1-9 13:58:41 |Display all floors
Originally posted by greendragon at 2007-1-9 12:47
still TOO MUCH LIQUIDITY in the market.....

If we hold down inflation by keeping commodities affordable for the Joe Duhh and Mr. Wang....
You still need to wonder at the excessive liquidity.... ...



U R smiling at the LOWER USD

so that you can buy lots of fanciful things!!!

In fact, Europeans are laughing to the banks.....


& Arabs now looking at lower value of USD!!!

Nothing hyper now except GIANT has OPENED in HER,1.1.07!!!

What a birthday!!!
What's on your mind now........ooooooooooooooo la la....Kind Regards

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