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Re: I am in 5000 shares of MRO      7-Nov-09 05:06 pm    
Unbelievable spike in oil coming around the corner.

Bernanke has "committed" to continued debasement of the US dollar for 9 more months.

China, Middle East etc. are not about to be "ripped off" and the barrel of oil will be "priced" in more US dollars regardless of demand, supply, recession, green shoots or anything that happens in our economy.

It's is a pure monetary debasement play that will see oil at $150 per barrel before you know it. GS says so and many others.

Bernanke could have begun to "tighten" but no... not yet. Our "fragile" recovery and impotent banking system must be coddled a bit more at the expense of the US dollar.

Oil is a buy, buy, buy even if it's piled up on every tanker in the ocean.

And by this coming summer when real demand is quite possible we will experience the "super spike" in oil.

Possible gold super spike will happen first as a gateway to oil. Or oil could beat gold to the punch. Depends on...


Sentiment : Strong Buy
Rating :
 (2 Ratings)
Rate it:
awful/not related to \pooraveragegoodexcellent

dblportion2...

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42/Male
USA


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  Subject Author Rating Time of Post (ET)  
 
I believe this true value of this stock is no less than...
stocker4949 (2 Ratings) 4-Nov-09 09:54 am  
 
I say $35.5 in 3 weeks.
fishfryer52... (2 Ratings) 6-Nov-09 12:20 pm  
 
Re: I am in 5000 shares of MRO
dblportion2...
Online Now
(2 Ratings) 7-Nov-09 05:06 pm  
 
Great for price of oil in dollars. Wh...
concorde56k (1 Rating) 19-Nov-09 11:13 am  
 
MRO is the cheapest oil and gas ref...
jismall2002 Rate it 19-Nov-09 03:05 pm  
 
As long as they trash the dollar, you might as wel...
hangerod@at... Rate it 13-Nov-09 11:49 pm  
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Marathon Oil Corporation (MRO)

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At 4:01PM ET: 31.31 Down 0.15 (0.48%)
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