Go long crude oil! (@ least before every weekend!)

silverman · 10-31-2008, 08:37 PM

Ok, this might sound a bit strange! Why should one go long crude oil since global economy is on its way towards a recession or even depression.

The answer is pretty simple.

Next week US election theater is over and I am pretty sure saber-rattling between Israel and Iran gets louder and maybe very loud!

Verbal attacks will be enough to let crude oil go back up to USD 100 easily before x-mas.

Reserves of crude and heating oil in Europe and the US are on historical low levels and a strong winter would just support a stronger crude oil price additionally...

So this is your chance, if you have missed all the crazy big moves of Wall-Street-Casino!

If you believe my thoughts are stupid go and surf for bilderberg-meeting 2008 and what they decided how the direction of crude-oil price shall go this year.

They decided in Virgina to bring down crude oil price close to USD 50 before US elections and after this let it go up to the sky USD 200-500 depending what USD is worth after a couple of SURPRISES that will come soon like new currency AMERO, maybe-declaration of default of United States of America....

Interesting observation today: crude oil price was under pressure this week and reached a week-low about two hours before market close and then all of a sudden rising 9 percent within one hour....

just make your mind...and if you are not yet long crude oil go and do it...don't worry there is no hedgefund in it anymore, they got "killed" by this strong and relative quick move down.

greetings and have a nice weekend (with- or without a long-position in crude oil)

silverman

10-31-2008, 08:37 PM	#1
silverman Avalon Senior Member Join Date: Sep 2008 Location: Switzerland Posts: 78	Go long crude oil! (@ least before every weekend!) Ok, this might sound a bit strange! Why should one go long crude oil since global economy is on its way towards a recession or even depression. The answer is pretty simple. Next week US election theater is over and I am pretty sure saber-rattling between Israel and Iran gets louder and maybe very loud! Verbal attacks will be enough to let crude oil go back up to USD 100 easily before x-mas. Reserves of crude and heating oil in Europe and the US are on historical low levels and a strong winter would just support a stronger crude oil price additionally... So this is your chance, if you have missed all the crazy big moves of Wall-Street-Casino! If you believe my thoughts are stupid go and surf for bilderberg-meeting 2008 and what they decided how the direction of crude-oil price shall go this year. They decided in Virgina to bring down crude oil price close to USD 50 before US elections and after this let it go up to the sky USD 200-500 depending what USD is worth after a couple of SURPRISES that will come soon like new currency AMERO, maybe-declaration of default of United States of America.... Interesting observation today: crude oil price was under pressure this week and reached a week-low about two hours before market close and then all of a sudden rising 9 percent within one hour.... just make your mind...and if you are not yet long crude oil go and do it...don't worry there is no hedgefund in it anymore, they got "killed" by this strong and relative quick move down. greetings and have a nice weekend (with- or without a long-position in crude oil) silverman Last edited by silverman; 10-31-2008 at 09:56 PM.