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Old 01-03-2008, 10:18 AM  
oldandslow oldandslow is offline
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OIL(NYM)

+0.38 100.00 bbl
+0.38%

12:15:47 PM ET 01/03/2008

It hit 100 yesterday, but that was only one trade. Today, however, is a different story.

4.00 gas come memorial day.
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Old 01-03-2008, 01:51 PM   #2
Calcountry Calcountry is offline
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Quote:
Originally Posted by oldandslow
OIL(NYM)

+0.38 100.00 bbl
+0.38%

12:15:47 PM ET 01/03/2008

It hit 100 yesterday, but that was only one trade. Today, however, is a different story.

4.00 gas come memorial day.
Not if banks quit issuing credit cards.
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Calcountry would the whole thing.Calcountry would the whole thing.Calcountry would the whole thing.Calcountry would the whole thing.Calcountry would the whole thing.Calcountry would the whole thing.Calcountry would the whole thing.Calcountry would the whole thing.Calcountry would the whole thing.Calcountry would the whole thing.Calcountry would the whole thing.
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Old 01-03-2008, 02:02 PM   #3
SBK SBK is offline
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The problem is inflation. Oil and gold are at all time highs against the dollar not on demand, but on the fed killing it.
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Old 01-03-2008, 04:38 PM   #4
Calcountry Calcountry is offline
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Quote:
Originally Posted by SBK
The problem is inflation. Oil and gold are at all time highs against the dollar not on demand, but on the fed killing it.
Yeah, but what is causing the inflation? Is it excessive demand or costs being pushed through to the consumer? There is a very distinct difference between the two causes. One, can be fought off by monetary policy, the other leads to "stagflation".
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Last edited by Calcountry; 01-03-2008 at 05:15 PM..
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