I went back looking for my original posting forecasting the $100 barrel oil by the end of 07 (missed it by one day!)
HERE:
http://www.yachtforums.com/forums/44257-post56.html
"I'm still betting we will see $100/barrel crude this year when Israel bombs those Iranian nuclear facilities by the end of the year...certainly during Bush's presidency??" 5/28/07
http://www.yachtforums.com/forums/52925-post71.html
and then we reached that $100 figure on 1/02/08
The Perfect Storm, and drinking the kool-aide out of Wash DC
http://www.yachtforums.com/forums/52954-post75.html
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Now I have a more dire prediction,
$250-300 per barrel by end of year 2008
What do you think really caused a one day increase of $11 per barrel last Fri?? I have to believe it was all of this 'saber rattling' about attacking Iran coming out of Wash DC last week during the AIPAC meetings. Both Israel and some US sources basically said
it was inevitable.
Imagine what this action will do for oil prices and our economy.
And I imagine that Iran will have a few surprises for our troops in Iraq (like a bomb into the green zone), and will probably sink one or two loaded oil tankers there in the Gulf. What do you think the insurance people will tell the tanker owners about taking there ships into that Gulf....Goodbye middle east oil supply...hello depression around the world.
And this could really happen !!! Israel has said it must do this while Bush is still in office. Israel could start this military action, but they could not sustain it...that will be our role (in the guise of 'protecting' our ally Israel).
THIS IS A VERY REAL PROBLEM !!! ...coming soon
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Last week I wrote this email to a few friends and associates:
Lobbying for Iran war, etc
I live here in Washington DC, and currently we are experiencing a TV
ad blitz that subtle lobbies for an action against Iran, and it's not a
'negotiation action', its a military one.
If the Iraq war was not
enough for you, here we go again with Iran.
Imagine what this action will do for oil prices and our economy....all
in support of a foreign country.
...some excerpts from this site
http://www.richardsilverstein.com/ti...ter-with-aipac/
....excerpt....
If this war with Iran does go ahead and Joe Q Public starts to
understand what General Oded Tira wrote in ynetnews the last day of
2006, then we’re going to see anti-semitism the likes of which we’ve
never known before.
http://www.ynetnews.com/Ext/Comp/Art...346275,00.html
"President Bush lacks the political power to attack Iran. As an
American strike in Iran is essential for our existence, we must help
him pave the way by lobbying the Democratic Party (which is conducting
itself foolishly) and US newspaper editors. We need to do this in order
to turn the Iranian issue to a bipartisan one and unrelated to the Iraq
failure.
We must turn to Hillary Clinton and other potential presidential
candidates in the Democratic Party so that they publicly support
immediate action by Bush against Iran. We should also approach European
countries so that they support American actions in Iran, so that Bush
will not be isolated in the international arena again.”
Israel doesn’t want to use its own nuclear weapons because it will get
wiped out in return. So it plans to use ours and endanger our soldiers
in Iraq in the process. To me, this is absolutely — ABSOLUTELY —
unforgivable.