funkadelic101

Mothership Connection


Joined: 12/07/2002

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Sad thing is LTCM. You REALLY think gas prices are DOWN!!! pffftt.
Might wanna check what they were 12 MONTHS ago, and ask yourself, did the world suck down that much dinoshyt in 12 MONTHS??
NOPE!!!
BUT, the value of the US dollar DID go DOWN, and if your talkin' about gas going down and the market is up.... gas didn't go down, the value of the dollar went slightly up... But just WAIT for the largest inflation of the US dollar in the next 24 months. People that bought their homes for $300k and have market value of $240k now are gonna be so HAPPY when the FedRes inflates the dollar so bad that a $300k mortgage home will actually be worth $300k!!! And why will the US do this?? Because WE OWE LARGE DEBTS and if that amount is a fixed number we just print more money to pay it and all hard cash OWNED in AMERICA is worth LESS.... WHICH hardly ANYONE (cept me) will bytch about cuzx damn near every american is up to their eyeballs in debt artificially inflating the US economy the last 7 years buying shyt ONLY on credit... People with $50k in credit card debt will be happy!! YAY!!! Let the bankruptcy lawyers get ta poppin', and foreclosures ta rollin peeps...
Bringing back the new school
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funkadelic101

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Joined: 12/07/2002

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A year ago TODAY gas was national AVG. $2.90 a gallon... Did DEMAND, or SUPPLY change THAT much in 12 months??
And didn't Canadian dollars get more worthified than US dollars in the past 12 months?? And Candadilandians STILL paid WAY more for fuel... and so mebbe high gas prices in a country DEEP in gov't and private citizen DEBT could possibly be the US dollar is a laughing stock internationally right now...
How does it make you feel LTCM that most homes mortgaged in the US are BACKED by foreign currency... Think about it, China OWNS more homes in the US than the US does.... LMFAO!!!
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Long time cat man

100 miles N. of Motor City


Joined: 01/22/2003

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Doesn't take much to set you off. I love it!
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funkadelic101

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Joined: 12/07/2002

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Laugh all ya want but in the next 24 months when ya see what this fake over inflated rape an pillage economy does to your pension and investments values that lil smiley face may disappear.
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funkadelic101

Mothership Connection


Joined: 12/07/2002

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Yer worried about shoe manufacturing jobs in China for $1 an hour workers but could care less that CHINA OWNS over half the US debt, and most of that debt is Mortgage lending debt...
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Icehole

A arm this


Joined: 12/09/2002

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invest in nuke stuff now!!
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Long time cat man

100 miles N. of Motor City


Joined: 01/22/2003

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The good thing about living in America is I can always go out and earn more money when I run outta what I have now. Don't have a clue how myself and da wife with no college education retired at age 47 and 48 without anyone giving us a handout. Sure which I would have had a smart young feller like yerself ta help me along. If a booming economy is what ya long for........head fer China Funk. Ya didn't like my smiley face so here's a frown for ya.
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viper_trails

Wisc.


Joined: 02/19/2003

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its true. Jsut with the US talking about drilling lowers prices. Think about it, oil exportation is the only thing the middle east exports!!! if we don't need their oil then what? they know their econ fails. when Bush lifted the ban speculators are thinking "well it's getting close" and oil doesn't seem like such a great investment anymore. If you can't see this then there is no hope for you. You couple this fact, the dollar gaining strength which causes investers to look else where for investments, demand going down and BANG you have lower oil. Its really a combination of the 3. But tell me something liberals, how is taxing the oil companies going to affect oil prices? yeh, that's what i thought. Its a stupid idea created by the idiots you idolize.
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Long time cat man

100 miles N. of Motor City


Joined: 01/22/2003

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Can't be that simple........can it VT?? Must be the big oil companies all of a sudden had a change in heart and now feel bad about their huge profits and are embarrassed being grilled on capitol hill in front of all our brillant law makers. LMAO!
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*RABID

Belmont, NH


Joined: 05/28/2005

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Speculators (like myself) work on momentum. It doesn't matter whether I'm purchasing puts or calls... I make money either up or down as long as the underlying asset value moves. The bigger the move the better.
Many people figured when the US got itself in debt that the dollar would deflate due lowering the fed fund rate. Many moved to metals... others move to consumptives. Oil unlike ag commodities are just easier to focus on.
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