dustbusterz

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  • Why I Don't Own Commodities
    who are you people , who just refuse to listen when your taught something?
    the population on this planet is growing, the population with spendable money is growing. most of those with the cash now, have never had the things we take for granted every day.but now that they can afford them, they want them. and this drives demand , demand for items that are in less and less supply .oil, you all seem to think it grows on trees and any time we need it , we can just go outside and pluck it from a tree and we are set. come on. open your eyes to reality.china has been on a quiet little buying spree for at least the past 10 years. and guess what they have been buying up?
    oil. oil cause they were smart enough to understand back then, that supply took millions of years to develop and in less than 100 years, we have used up more than 3/4 of that supply. its dwindling , and they want it . as much as they can get their hands on. why do you think we are in Iraq right now? its not because sadam posed such a threat to Americans . its not because of some terrorists who supposedly invaded America(never happened ) its because bush and his clan know the value (and scarcity of oil) and they want to control and profit from it.commodities will fluctuate somewhat, but your never gonna lose all your money being invested in this area.
    ok, you feel its over priced? then wait for your pull back and get in . but don't wait for a huge pull back , cause i don't believe that will happen for a long time to come.perhaps never. small drops i can see.
    Apr 13 02:11 am |Rating: 0 0 |Link to Comment |View article

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