$90/barrel oil is still on the way.......
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Topic: $90/barrel oil is still on the way.......
Posted By: Superglide Ken
Subject: $90/barrel oil is still on the way.......
Date Posted: 02/April/2005 at 12:38am
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We missed getting this price this winter due to the warmer than average conditions, but we will be seeing this price in the months ahead. The spring driving season is just ahead and oil will be going up in response to this alone, and the Chinese are not using any less of it. They don't have to. Their currency is pegged to the US dollar, so as it falls so do their cost of production. This is increasing demand for oil, not decreasing it. ------------- Inventor of the Teflon Wand Glide and the Turboteck Rotary Air Duct Cleaners for TMs. |
Replies:
Posted By: nightrider
Date Posted: 02/April/2005 at 4:21am
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Ken, I know that you're not a stupid man and perhaps alot more insight as to what is going on in the world today, I must admit that I too think that the day in soon when oil hits even $ 100.00 American a barrel. If it wasn't for the Arabs holding the price back it would be there at this moment...........Allow me to tell you why short term ( Now to the next 5 years ) it will never even reach the 65.00 or 70.00 dollar mark. If that should happen it would create a world economic crash and the American dollar would plummet against all world currencies, the Euro would be worth so much that their economy would crash not being able to sell their goods abroad, the States would cancel all trade and depend on internal products.........but the kicker is that the Arabs have over 75 % of their total net worth tied up in American investments..........would you want to lose 75 cents on every dollar you have Nightrider |
Posted By: Dennis Conner
Date Posted: 02/April/2005 at 5:02am
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KEN......
OPTIONS HAVE TIME LIMITS!!! The longer out you think the move will be the more you pay...a LOT MORE!!! OF COURSE oil will hit 90 bucks...could be 30 years from now just due to moderate inflation...YOU HAVE TO TIME THE MOVE!!!
I believe I asked nipples a while back what options he thought were the ones to buy...(I'm not even going to speculate if he actually bought them or not, because I'm 99.99999% sure he didn't)
I believe he said April at 50 bucks! They were already 2 bucks in the money at that time, with a LONG time premium added into the cost. That said, I bet he still hasn't made any money at all if you figure in the price he would have paid if he actually bought them! His hypothetical trade is actually under water still! He won't tell you that, but I WILL!!!
Good thing you really don't invest...it saves you money!
Give up kenny!!!
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Posted By: Superglide Ken
Date Posted: 02/April/2005 at 5:11am
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In constant 2005 dollars, we were already there in 1981 when oil was selling in the mid 30 dollar per barrel range, Nightrider. The world did not crash then. We will be there again soon. It will slow things down, but the world will adjust and the price will stick this time. Why? Because this time DEMAND has outpaced SUPPLY, and world production of this commodity has permanently peaked, while demand is ever growing in the Chinese and Indian markets are just getting started buying and owning autos, with much more demand to follow. ------------- Inventor of the Teflon Wand Glide and the Turboteck Rotary Air Duct Cleaners for TMs. |
Posted By: John L
Date Posted: 02/April/2005 at 12:51pm
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Why not invest then???? http://www.agora-inc.com/reports/OST/WOSTF339/ - http://www.agora-inc.com/reports/OST/WOSTF339/ |
Posted By: Dennis Conner
Date Posted: 02/April/2005 at 2:37pm
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What is the next option pick ken?
Month and strike price please.
How much are you losing on your april options? I bet you haven't lost a dime...cause you don't have any...good move buddy!
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Posted By: Superglide Ken
Date Posted: 02/April/2005 at 3:17pm
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As if I would tell you Chuck. I will tell you that I did make money on the last one though, but not as much as I thought I would. ------------- Inventor of the Teflon Wand Glide and the Turboteck Rotary Air Duct Cleaners for TMs. |
Posted By: nightrider
Date Posted: 02/April/2005 at 3:26pm
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Ken, what in the world does 1981 have to do with the world today, the world does not even exist as it did in 1981, Look where Russia was then, look how China was divided then, look at the American stand on global defense, look . look, look.....STOP reading all these experts advise on where to invest because and what's going to happen cause if they really knew they would keep it for themselves.............you probably think Gold will go up to $ 1,000 an ounce too, although it did back in the 80"s it won't again until many ,many years nightrider |
Posted By: Superglide Ken
Date Posted: 02/April/2005 at 3:47pm
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Gold will be past $1000 per once by next year Nightrider, which I am sure will surprise the hell out of both you and many others that don't see it coming. In answer to your post above, it will take $90 oil as measured in 2005 dollars to equal the $40 oil that was sold in 1981 in purchase power parity. That is what I meant. Why is gold going past $1000 this time around? Because the super spike in oil prices that is coming this year will set off the greatest inflation that the USA has ever seen. This was the trigger for the last great bout of inflation that took off in the early 70's when oil quadrupled from $2 to $8/barrel! This time the move is much more serious. Oil was at only $20/barrel a couple of years back and is going to at least $90/barrel this time. Not only is it going up by 4X again, but the dollars are much greater, which will have a much greater effect. Not only that, but the US goverment is running record budget shortfalls. The combination of these 2 events coming together means the US dollar is going to crash very shortly to the extent that even our loonie(Canadian Dollar for you American readers) will be worth more than a US dollar before this year is out. The fall in the value will be so great that all commodity prices as measured in US dollars will surge upward as inflation runs up to record levels.This of course will cause the stock market to crash, just like happened last time in the 70's. Only major difference this time is the market was only at 1000 last time, and is 10,000 now with many baby boomers nearing retirement. Panic will set in when they see the market crumbling fast and this will accellerate the fall as they try to get their money out. After they don't get it out in time, they will try to sell their homes, causeing the first fall in total US home prices in history. They will have no choice though, cause with the investments gone in the stock markets, panic will make many try to take the money out of their homes instead, causing a record amount of homes to go to market, pushing down prices. Yes, oil going to $90/barrel will be a much bigger deal than many people expect because they don't see the big picture as to what it is going to trigger like I do. This is the perfect situation for Gold to make it's major run upward, which it will. If you miss it, you will never get another chance . This is a once in a lifetime event that is coming, and very soon. ------------- Inventor of the Teflon Wand Glide and the Turboteck Rotary Air Duct Cleaners for TMs. |
Posted By: nightrider
Date Posted: 02/April/2005 at 4:41pm
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Ken, thanks for all that info.........now let's look at this with a little realism and try to focus on 2005, let me know if what I gathered from you is correct.......... Dec.2005.........GOLD @ $ 1,000 PER ONCE Dec.2005.........Oil @ $ 90.00 PER BARREL If these 2 items are true, then tell me what the value of the American dollar will be in Dec. 2005 What will the Euro be worth. What will Silver be worth. How will this effect, COPPER, ALUM., BRASS, What will the Canadian dollar be at that time. What will inflation be like. What will interests rates be. What will real estate be worth. Will there be peace on earth. I would like an answer for all please, preferrably short ones. Nightrider
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Posted By: Superglide Ken
Date Posted: 02/April/2005 at 4:50pm
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YES and YES to the first two questions.
Euro...........$2 US+ Silver.........$50+ Other metals...........much higher Cdn Dollar..........$1.10 US+ Inflation...............20% + Interest rates..........20%+ Prime Real Estate.........Where it is now. It takes longer to fall(Next Year) Peace on Earth? .............It never has existed. Will be getting worse.
SGK
------------- Inventor of the Teflon Wand Glide and the Turboteck Rotary Air Duct Cleaners for TMs. |
Posted By: nightrider
Date Posted: 02/April/2005 at 4:59pm
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You forgot the value of the American Dollar, I need that one to make the equation balance Nightrider |
Posted By: Superglide Ken
Date Posted: 02/April/2005 at 5:07pm
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To know that, you have to state in relation to what. It can only be measured in relation to another currency or commodity. Since Gold is going to more than double in price however, and it moves opposite to the dollar, you could say that I expect it to lose about half it's value within a years time. I am not sure if it will fall that fast by December however, though I would not rule it out if oil goes higher than $100/barrel by then, which is a possibility. ------------- Inventor of the Teflon Wand Glide and the Turboteck Rotary Air Duct Cleaners for TMs. |
Posted By: carpetolagist
Date Posted: 02/April/2005 at 5:18pm
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Ken, the reason you can't or won't answer that question directly is because $ 1000 Gold and $100./Brl Oil would force the American dollar to Monopoly Money..........The world would have to come to it's rescue and declare a one world currency, with the Euro being that currency and thus arises the United States of Europe to be a power house, Russia & China would align themselves, United States would stand alone, Canada would ride on someones shirt-tales, Isreal would stand alone with the United States as an ally, War would be on everyones lips, and we would still be getting 8 cents on all commercial work. TED |
Posted By: nightrider
Date Posted: 02/April/2005 at 5:22pm
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What do you think of Teds answer, can it be, is he right, is it possible, I know he's right about the 8 cents Nightrider |
Posted By: John L
Date Posted: 02/April/2005 at 5:46pm
| nobody wants to invest?? |
Posted By: doug
Date Posted: 02/April/2005 at 5:47pm
Well I guess it is a good job carpet cleaners are not in charge than. ------------- Just My opinion |
Posted By: Superglide Ken
Date Posted: 02/April/2005 at 6:02pm
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Ted is right. I did not want to alarm my American readers too much by spelling out the wider world-wide implications of what is coming, but since Ted went there first I will.
The world is moving to a one world currency. That currency will be the Euro. If you take the long view and understand world history, this has been in the making for a long time now. The Mark the Bible talks about is the mark of the Euro currency that comes into effect after the US dollar and it's financial markets crash. This will be triggered by the big rise in oil. It would not have been possible except for the huge debt the USA is currently carrying and the fact that the Baby Boom generation are but a few years from retirement. It is a perfect storm of conditions that are coming together now that means this is the event that brings down the US financial system. The EURO will emerge as the dominent financial power and later, military power when it is over. Military power always goes to those that have the financial power. After the coming crash to the US dollar system, America will be forced to retreat to a fortress North America model. The EU will control the bulk of the worlds finances and soon be the dominent military power as well. China and her allies will be a close #2 power and will control the Asian markets. North America will be #3 followed by Russia. Only the exact timeing is in doubt because the exact time of $100 oil is not known. If it is this year like I think it is, the rest of the cards are sure to fall into place shortly there after. ------------- Inventor of the Teflon Wand Glide and the Turboteck Rotary Air Duct Cleaners for TMs. |
Posted By: Dennis Conner
Date Posted: 02/April/2005 at 6:49pm
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ken...lay off the Molson
and PUT DOWN THAT CRACK PIPE!!!!
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Posted By: nightrider
Date Posted: 02/April/2005 at 6:57pm
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I never knew that Ted was so smart, Ted where do you store all that knowledge you have. Kenny are you sure of what you say. Nightrider |
Posted By: doug
Date Posted: 02/April/2005 at 7:00pm
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He has a brain booster. Almost like NoDIc's vac booster. ------------- Just My opinion |
Posted By: Superglide Ken
Date Posted: 02/April/2005 at 7:25pm
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Jack: I am 99% certain about 90% of what I posted up above will come to pass. And about 75% certain that it will start to happen with 2 years time, with this year more than likely as the start of it. ------------- Inventor of the Teflon Wand Glide and the Turboteck Rotary Air Duct Cleaners for TMs. |
Posted By: nightrider
Date Posted: 02/April/2005 at 7:32pm
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You know something Ken, we are all 99% sure of 90% of what we all say, but it doesn't make it the truth. There was only one man who walked the face of this earth who can make the claim of being 100% sure of 100% of what he said 2000 years ago and is all comming true today. All of what you say is true Kenny, the question is......WHEN. Nightrider |
Posted By: Superglide Ken
Date Posted: 02/April/2005 at 7:45pm
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This year and next, Jack. I am a student of bible prophasy as well, and have pinned the date down to the signing of the 7 year peace pact to sometime in 2011, just a short 6 years away. The events that lead to the EU leader being the one to sign that agreement are all rapidly falling into place. The Pope that just died was the last before the anti-christ was to arise. His passing today means that that event is now at hand. The next pope to be elected is the one that works with the Beast to make him all powerful in but a few short years. That year that this starts is this year! It takes 6 years for everything to happen that leads to the EU being the dominent world power by 2011, but it starts this year. ------------- Inventor of the Teflon Wand Glide and the Turboteck Rotary Air Duct Cleaners for TMs. |
Posted By: Dennis Conner
Date Posted: 02/April/2005 at 8:02pm
| Nice predictions.....kenstradumbass! |
Posted By: Superglide Ken
Date Posted: 02/April/2005 at 8:17pm
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Too bad you are still in the dark about most of what is happening all around you Chuck. Soon however, it will be apparent to even you what is going on. ------------- Inventor of the Teflon Wand Glide and the Turboteck Rotary Air Duct Cleaners for TMs. |
Posted By: nightrider
Date Posted: 02/April/2005 at 8:21pm
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You have to admit that " Kenstradumbass " is very funny........I'm sure you even laughed at that one Ken. Nightrider |
Posted By: Superglide Ken
Date Posted: 02/April/2005 at 8:22pm
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Yep, Chuck tries hard to be funny even if it is mis-placed. ------------- Inventor of the Teflon Wand Glide and the Turboteck Rotary Air Duct Cleaners for TMs. |
Posted By: Nordic 1
Date Posted: 02/April/2005 at 9:17pm
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Kenstrodamis
Hummmmmmmmmm where is the world most powerful portable your rx drying machine for truck mounts your new improved OP machines the Raptor truck mount the highest priced cleaning company in Alberta. N1 I guess you spend all that money you save by sleeping in the back of you van errrrrrr moter home on gold. |
Posted By: Superglide Ken
Date Posted: 02/April/2005 at 9:18pm
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I got em all. ------------- Inventor of the Teflon Wand Glide and the Turboteck Rotary Air Duct Cleaners for TMs. |
Posted By: Adwa
Date Posted: 02/April/2005 at 9:20pm
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Nordic I liked you better when you were someone else. ------------- The Following Statements do not Necessarily Reflect the Views of this Forum Network http://www.kleenkuip.com - http://www.kleenkuip.com |
Posted By: Superglide Ken
Date Posted: 02/April/2005 at 9:31pm
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Terry cant decide who he wants to be when he grows up? He thought he was a nordic one, but everyone else thought he was a NoDic one, so he tried to be someone else. But it soon dawned on him that he would rather live life with NoDic than end up as just another Zero. lol ------------- Inventor of the Teflon Wand Glide and the Turboteck Rotary Air Duct Cleaners for TMs. |
Posted By: doug
Date Posted: 02/April/2005 at 9:34pm
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SGK: Good one! ------------- Just My opinion |
Posted By: Superglide Ken
Date Posted: 02/April/2005 at 9:45pm
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I try Doug. ------------- Inventor of the Teflon Wand Glide and the Turboteck Rotary Air Duct Cleaners for TMs. |
Posted By: Nordic 1
Date Posted: 02/April/2005 at 11:16pm
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how many of you feel safe sending ken money.
Enough said oh almost forgot LOL N1 |
Posted By: Superglide Ken
Date Posted: 03/April/2005 at 4:32am
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According to the poll that was done on this subject, the majority of the posters here do. lol ------------- Inventor of the Teflon Wand Glide and the Turboteck Rotary Air Duct Cleaners for TMs. |
Posted By: Dennis Conner
Date Posted: 03/April/2005 at 4:50am
there is the pot caling the kettle black... is kenni...
A. a broke d**k wannabe manufacturer that can't return the cost of 2 wands out of pocket?
B. a guy who sold his CC company for a LOT of money, owns a house in Vegas, has multiple companies, holds multiple patents, invests in commodities...and the list goes on???
We have heard all the lies and BS kenni...and you have been caught a number of times...I think you are the one who can't decide what set of lies you are going to use today...wake up and lay down that crack pipe!!!
C. |
Superglide Ken wrote:Posted By: Adwa
Date Posted: 03/April/2005 at 8:29pm
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Well Dennis at less you come back with an answer worth reading. I would be disappointed if you didn't keep the good work up. ------------- The Following Statements do not Necessarily Reflect the Views of this Forum Network http://www.kleenkuip.com - http://www.kleenkuip.com |
Posted By: Superglide Ken
Date Posted: 03/April/2005 at 8:36pm
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What does Chuck want to be when he grows up?
A) A sailor on the good ship bounty hunting for the great white whale, and looking for all the fruits he can find..............
OR The bored carpert cleaner that he is that spends his time with plastic dolls trying his best to perform his own brand of accupunture on them, and getting mad when they deflate just when he is working up a sweat? lol ------------- Inventor of the Teflon Wand Glide and the Turboteck Rotary Air Duct Cleaners for TMs. |