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Jim Rogers/Asian Financial Forum (World Commodities fundamenals enhanced)
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| 1/21/09
| sickoflibs/Jim Rogers
Posted on 01/24/2009 7:38:14 PM PST by sickoflibs
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To: dollarbull
I'm sure they'll export oil for gold.Oil will still be available? Tell Jim he was wrong. LOL!
41
posted on
01/26/2009 7:07:22 PM PST
by
Toddsterpatriot
(Will the doomers ever buy a calculator?)
To: Toddsterpatriot
To: dollarbull
Let me help you out, you need it:
The international energy agency has come out with a report showing that the worlds oil reserves are declining at a rate of 6.7 % per year even after discoveries. You can do the arithmetic, in 15 years there will not be any oil at any price unless something dramatic changes"
43
posted on
01/26/2009 7:43:30 PM PST
by
Toddsterpatriot
(Will the doomers ever buy a calculator?)
To: sickoflibs
The international energy agency has come out with a report showing that the worlds oil reserves are declining at a rate of 6.7 % per year even after discoveries. You can do the arithmetic, in 15 years there will not be any oil at any price unless something dramatic changes.
the facts are all the world oil reserves are in serious decline. This is true of all commodities you are going to see huge supply problems, the worlds inventories of food are the lowest they have been in 50 years. We have a shortage of fertilizer, we have a shortage of tractors, and we have a shortage of farmers
. Yes, millions of us might be starving to death in 20 years, but on the bright side, bailed out banks are buying private corporate jets... /sarcasm
44
posted on
01/26/2009 7:47:15 PM PST
by
GOPJ
(Corrupt business decisions get bailed-out. Why should I play by the rules?FReeper-pierrem15)
To: GOPJ
His analysis seems sound. Remember the oil shortage of 1970s led to oil glut of 80s-90s , which led to shortage up to 2008. If the economy had not crashed we might have cycled through lows again, but the crash is starving investment. Plus democrats have multiple inflation strategies: unions, green energy, printing money, .
I feel like everyone, both parties, the media, the investment advisors are all lying to us about the value of government massive debt based action. Like in 1973 Soylent Green
45
posted on
01/26/2009 8:05:12 PM PST
by
sickoflibs
(Obama : " We need swift immediate action on my 10 year government spending plan")
To: dollarbull
Where did your other thread go?
:^(
46
posted on
01/27/2009 5:15:41 AM PST
by
Toddsterpatriot
(Will the doomers ever buy a calculator?)
To: sickoflibs
Rogers is a smart dude - his analysis on this seems sound to me too. Sound and horrifying.
47
posted on
01/27/2009 5:58:13 AM PST
by
GOPJ
(Corrupt business decisions get bailed-out. Why should I play by the rules?FReeper-pierrem15)
To: litehaus
By actual count on this thread, 1/2 of Freepers understand discounted cash flow.
48
posted on
01/29/2009 8:19:45 PM PST
by
HardStarboard
("The urge to save humanity is almost always a false front for the urge to rule - Mencken knew Obama)
To: sickoflibs
Thanks for the ping. I learn a lot on these threads. This is the first time I’ve heard of Jim Rogers.
Smart guy, but he needs to see his doc for a physical. He gets out of breath when he talks and I don’t think he is the anxious type.
To: sickoflibs
Sounds like famine on a large scale.
I believe the Four Horsemen of the Apocalypse are about to be unleashed.
50
posted on
01/29/2009 10:00:15 PM PST
by
happygrl
(BORG: Barack 0bama Resistance Group: we will not be assimilated)
To: Toddsterpatriot
Where did your other thread go?
Looks like it was vaporized....like...BAC. You still own that fractional reserve ponzi scheme?
To: sickoflibs
52
posted on
08/25/2010 5:40:47 AM PDT
by
sickoflibs
("It's not the taxes, the redistribution is the federal spending=tax delayed")
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