Comments on: Evidence of a bubble — or just lunacy http://www.dinocrat.com/archives/2008/06/15/evidence-of-a-bubble-or-just-lunacy/ Sat, 22 Nov 2008 01:18:34 +0000 http://wordpress.org/?v=2.5.1 By: gs http://www.dinocrat.com/archives/2008/06/15/evidence-of-a-bubble-or-just-lunacy/#comment-312309 gs Sun, 15 Jun 2008 22:09:08 +0000 http://www.dinocrat.com/?p=6517#comment-312309 <i>When the law of supply and demand gets rewritten so that increased supply and reduced demand still means higher prices, watch out. If that is not evidence of a bubble, it is surely evidence of some form of derangement.</i> Are those industry analysts perchance employed by Wall Street <a href="http://www.dinocrat.com/archives/2008/05/28/some-day-well-figure-out-what-these-numbers-mean/" rel="nofollow">institutions</a> that create commodity index funds and evade regulation and transparency? Are they the same analysts who recently predicted $300 oil? Do they sit in offices vacated by analysts who said that NASDAQ was the buy of a lifetime when it 'corrected' to 4000? ************** What are the Saudis up to? Maybe they indeed want to prevent a worldwide recession that would hurt their business. Maybe they expect the price bubble to pop on its own and are positioning themselves to take the credit. Maybe they even worry that America might tap its own supplies. When the law of supply and demand gets rewritten so that increased supply and reduced demand still means higher prices, watch out. If that is not evidence of a bubble, it is surely evidence of some form of derangement.

Are those industry analysts perchance employed by Wall Street institutions that create commodity index funds and evade regulation and transparency? Are they the same analysts who recently predicted $300 oil? Do they sit in offices vacated by analysts who said that NASDAQ was the buy of a lifetime when it ‘corrected’ to 4000?
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What are the Saudis up to? Maybe they indeed want to prevent a worldwide recession that would hurt their business. Maybe they expect the price bubble to pop on its own and are positioning themselves to take the credit. Maybe they even worry that America might tap its own supplies.

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