-- Posted Friday, 19 October 2007 | Digg This Article
| Source: GoldSeek.com
Rick’s Picks
Friday, October 19, 2007
“Phenomenally accurate forecasts”
What the hell do Apple and Google care whether oil hits $100 a barrel? The shares of both companies pushed intrepidly higher yesterday even as the price of crude approached $90 for the first time. If quotes were eventually to reach $300 a barrel, we’re sure stock market bulls would find umpteen reasons to be optimistic about it. To help them out, here’s our Top Ten List of Reasons Why $300-a-Barrel Oil Will Be Good for America:
10. After Iraq, invading oil-rich Venezuela will be a piece of cake.
9. Someone will have to invent a car that runs on all the stuff we throw away, like old couches and asbestos.
8. Hearing of elderly people freezing in their homes, the terrorists will feel sorry for us and make amends for 9/11 by donating blankets and cans of Sterno.
7. Impress your date by taking her to...Jiffy Lube!
6. We'll get to see more of the world than ever via Google Earth.
5. Jed Clampett will have plenty enough to see that we're all taken care of.
4. Kiss congested airports and crowded skies good-bye!
3. Tanker spills will attract hoards of looters, eliminating the usual clean-up expenses and headaches.
2. We'll all get rich gouging Arab tourists, who won't think twice about paying $500 for a hot dog and a Coke.
...and the number one reason $300-a-barrel oil will be good for America:
1. Time to break out those strategic reserves and PARTY!!
***
Information and commentary contained herein comes from sources believed to be reliable, but this cannot be guaranteed. Past performance should not be construed as an indicator of future results, so let the buyer beware. Rick's Picks does not provide investment advice to individuals, nor act as an investment advisor, nor individually advocate the purchase or sale of any security or investment. From time to time, its editor may hold positions in issues referred to in this service, and he may alter or augment them at any time. Investments recommended herein should be made only after consulting with your investment advisor, and only after reviewing the prospectus or financial statements of the company. Rick's Picks reserves the right to use e-mail endorsements and/or profit claims from its subscribers for marketing purposes. All names will be kept anonymous and only subscribers’ initials will be used unless express written permission has been granted to the contrary. All Contents © 2007, Rick Ackerman. All Rights Reserved. www.rickackerman.com
-- Posted Friday, 19 October 2007 | Digg This Article | Source: GoldSeek.com
