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Vic Smith Vic Smith is offline
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First recorded activity by BoatBanter: Oct 2006
Posts: 4,310
Default When Bush took office...

On Sun, 11 Nov 2007 23:03:22 GMT, "JoeSpareBedroom"
wrote:



If a bunch of fools bid up the price of oil to a level that's disconnected
from the physical reality of the supply chain, you (and I mean
specifically
YOU) do NOT have to buy higher priced gasoline as a result of the games
played by the fools.

Do you agree with that statement?

Yes.

--Vic


Then, you either work at home or have excellent mass transportation, because
millions of people have no choice but to buy gasoline at whatever price it's
being sold for. Unlike other products, there is no competition.

Actually, I'm retired. Or I could have said my wife or one of the
kids buy gas for me. But you did say YOU.
Why are you willing to gamble on stocks, but not willing to gamble on
oil? Do you need gas? Or paper Citibank stock certificates?
Just curious.

--Vic