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  #1  
Old 5th March 2009, 22:26
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Post Oil is not Money!

Subject:Oil is not Money!
By: Jason Hommel, Silver Stock Report

Overview: Money is money, because it is a great STORE OF VALUE. Oil cannot be money, because it costs $75,000 to store oil in a supertanker for ONE DAY! Paper is NOT money either, because it CANNOT be a store of value when it is being printed to excess, to bail out so many Banker's unpayable debts.

Link: http://news.silverseek.com/GoldIsMoney/1236309982.php
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  #2  
Old 5th March 2009, 23:29
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oil is money it traded for gold all day long
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Knowing the future direction and price of gold will be useless for anyone who invests in paper gold! In the near future "timing" will be nothing. What you are holding will be everything!"
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  #3  
Old 6th March 2009, 04:10
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Default oil

oil is more like money then a 100.00 dollar bill....gold is more like money then oil. Both the post's are true....both are incorrect. The best way to look at it is....gold is the best investment.
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  #4  
Old 6th March 2009, 10:54
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Oil is the most valuable resource in the history of the planet. Its importance to industry and the way of life that has been created globally is second only to mother nature. Oil can be connected to nearly everything we have in life, I could go into a lengthy discussion on how it holds as much if not more intrinsic value than gold or silver due to the fact that WE ARE RUNNING OUT and it cannot be so easily substituted as gold or silver can be. I'm sure science can find alternatives to use in the place of silver, finding replacements for petrochemicals and other oil based synthetics... well we've barely scratched the surface.
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Old 7th March 2009, 07:57
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How can we be running out of oil at 140.00 a barrel and one month later have so much oil the price drops to 40.00 a barrel? Believe what you want....we have enough oil for 100's of years. You can post all the charts you want....reality dictates. Hydrogen and solar would be wonderful....Hydrogen is amazingly powerful and clean....I know first hand. The fact that they are wonderful alternatives is no reason to buy into their agenda to fool the public. I and many others say...B.S.!!!! The fed and congress just had a wonderful opportunity to open up the midwest oil resevoirs.....they totally ignored it for tyrantical reasons. There is enough oil there to put the middle east out of business. They are more concerned with flooding the world with oil.....a slimy form of oil tortise diving deflation.

Sex is a valuable asset....does it make it money? More valuable then oil? It's easier to walk a warm body to the store then an oil tanker....it's all relative to ease of trading.

Anyone have the power to ban yougssio58???? His above post is blatant spam.

Quote:
Originally Posted by Mylläri View Post
Oil is the most valuable resource in the history of the planet. Its importance to industry and the way of life that has been created globally is second only to mother nature. Oil can be connected to nearly everything we have in life, I could go into a lengthy discussion on how it holds as much if not more intrinsic value than gold or silver due to the fact that WE ARE RUNNING OUT and it cannot be so easily substituted as gold or silver can be. I'm sure science can find alternatives to use in the place of silver, finding replacements for petrochemicals and other oil based synthetics... well we've barely scratched the surface.

Last edited by cugir321 : 7th March 2009 at 08:12.
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  #6  
Old 9th March 2009, 10:47
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Quote:
Originally Posted by cugir321 View Post
Believe what you want....we have enough oil for 100's of years. You can post all the charts you want....reality dictates.
I guess we'll both have to believe what we want to believe. The fact is that oil is being used at a high rate and will eventually be used up. It also cannot be replenished for thousands of years (if ever perhaps). That is a fact and cannot be disputed, I don't need charts or other sources of information to prove it. And no one knows what global supply of oil is available nor how soon it can all be consumed, I was never arguing any timeframes but rather stating the inevitable. Thank you for your assumptions on what you believe I was getting at
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