Jet Fuel Prices WILL Be Climbing A LOT, and Soon

[Smacktard]

I think you may be right about most commodities which is why I'm only invested in precious metal and energy investments.

I think precious metals and energy are approaching major bottoms right now though and a new run up will ensue in the next few months.

Here's a good article just out today about how NOW is also the time to buy precious metal mutual funds/stocks:
Precious Metals Stocks Major Buy Alert... Clive Maund

Those that buy precious metal stocks and mutual funds or energy stocks and mutual funds now will be greatly rewarded.

Jet

How's the portfolio looking these days?

 

[crxpilot]

Don't worry, jetflyer will be back around near 2012 for his next apocalyptic responses.

 

[Cobra17]

These stocks were a good buy at their peak a couple of years ago, but I wouldn't touch them now.

 

[Secret Squirrel]

These stocks were a good buy at their peak a couple of years ago, but I wouldn't touch them now.

That is a good strategy. Buy at the peak. I am pretty sure you will make out like a bandit with that strategy.

 

[Ty Webb]

I was wondering when someone was going to trot this thread out again. Thanks for the laugh.

In a couple of years we'll have to repost the Obama threads and see who was right about that subject.

 

[robair73]

Let's all just gather around in a circle and fart in each other's faces while eating a bag of popcorn.

 

[crxpilot]

Hey where's that whack job "jetflyer"? Haven't seen him in a while. He must be already holed up in his bunker waiting for oil to reach $400 a barrell.

 

[Secret Squirrel]

I figured after yesterdays news this thread would reappear.

 

[tyuwerty]

What news? You mean the discovery in the Gulf?:

"Experts claimed Tiber, in 4,132 feet of water, could increase BP's total US output from 910,000 barrels a day by 200,000 to 1.1million barrels by 2020."

http://www.mirror.co.uk/news/top-stories/2009/09/03/that-s-well-deep-115875-21643992/

It might be a "giant" find, but 200,000 extra barrels a day 10 years down the road doesn't get many people that excited.

Not to mention, it is 35,000 feet down.

 

[Colonel Savage]

Oil would have to be selling for over $100/bbl to be worth the extraction costs.

 

[atpcliff]

Hi!

I said that peak oil was here, and oil would be very expensive, unless there was some unusuall occurrence, like a global economic turndown.

The situation in the last year has only postponed the pain, which I hope has been lessoned because we will have had a year or so to develop alternatives to oil.

cliff
NBO

 

[wrxpilot]

Hi!

I said that peak oil was here, and oil would be very expensive, unless there was some unusuall occurrence, like a global economic turndown.

Wow, what a prediction! Here I thought oil would be "very expensive" yet the world economy would keep humming along at a record pace. Silly me!

 

[jonjuan]

Hi!

I said that peak oil was here

Hi!
And you were wrong

 

[Smarta$$]

Hi!
And you were wrong

How much has oil production increased in the last few years?

 

[jonjuan]

http://www.prisonplanet.com/archives/peak_oil/index.htm

Peak oil is a scam.