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Ann: Investor Roadshow Presentation, page-179

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  1. 7,303 Posts.
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    Eshmun - I look forward to some real financial pain for the globe (not in a gloating way, but as I am quite conservative in how I live and to be honest, the majority of people these days are quite selfish, short sighted and blase in their spending habits and take what I view as risks every day by spending every dollar they have on 'crap'), the oil bonds are just the tip of the iceberg IMHO. The amount of money sloshing around the world is insane, with many people having so much (hmm.. probably sounding a little socialist, but I am not one, just want a level playing field for all, instead of the nanny state).

    The POO is very fluid, I just keep looking at the Iron Ore price to see what is most likely to happen. Sure there is no 'OPEC' for that material, but.. BHP/RIO/VALE have the same power, and they are all producing like crazy - race to the bottom. Yet I still hold DLS because its the best oiler on shore Australia production/acreage wise.

    Anglo - happy also to know I am not alone in my thoughts. Only one person at my work has similar views, out of 200 staff (yep, I have pestered them all!). The worlds population is largely blind to why Syria etc etc are occurring right now, and it has nothing to do with.... random events.

    As for Obama, while he is perhaps better than most, he is still part of the 'system'. I actually think in the scheme of things, the shale sector in the U.S is very much an industry that will be left to fend for itself. This might sound a little fanciful, but the U.S needs reasons to occupy countries like Iraq, if they were really energy self sufficient, what reason would they have to keep trying to control the Middle East and support Israel in its all but genocidal operation to occupy all of 'Israel'. Hmm... again I sound quite extreme, but then.... only because 95% of all media basically don't discuss the real issues that the world is facing and how big issues really come about.
    That all being said, the U.S gov was happy to bail out the Car industry which was losing money, so... I suppose any excuses to further distort markets might be just what Yellen and the rest of the team want?

    When I see Israel working with Turkey (and obviously the U.S acceptance of such undertakings) to support ISIS, then I know that for now, there is little hope that the U.S will do anything other than fan the flames of war for its continued attempt at holding sway over the world.

    I am an angry man inside haha. Luckily I have things like Australian and U.S politics to keep me amused.
 
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