"Correction in Oil" Coming, Says U.S. Global's Frank Holmes

The FED should have out sourced the printing of all those dollars at least then we can save some money on the printing of money. No Senator should be in office more than 2 terms (12 years) and no Congressmen/women should be in office more than 3 terms (6 years) otherwise they do too much harm to us all. VOTE OUT the INCUMBENTS in 2010.

Alright, this is great. All this Wall Street speculation, especially in commodities, is being done at the expense of the common citizen. Noticed lately that a company's stock value increases when it lays off people, and not when additional workers are hired? Noticed that most huge stock gains occur due to merger and acquisition activity, when companies are bought out and half the workers are canned, or the companies are bought to be shut in order to eliminate competition. Wall Street's advances are inverse to the condition of the US citizenry as a whole.

What happened to Ike?

Sell!

The market up 200 yesterday on news that GDP rose 3.3% in quarter. Today it will be down 200 on reality that government numbers are phony to sway election. And we worry about other countries have fair elections. Obamocorn.

Prior to the crash, the economy was pumped up with a record amount of hot air. All that hot air had to go somewhere when the bubble popped, energy is never lost, it just transfers. Some of it flowed into commodities and gold. Bankers quickly found a new way to make lots of money while investors are still stuck on stupid.

Frank is a great guest. He really makes for a strong argument to diversify your portfolio with commodities and precious metals. I thank TT for getting some market wise views from the likes of Frank! Good job Aaron and the gang for shifting away from the doom glooms...You know who you are...Limbaugh and Beck are fanatical crackpot conservatives calling for revolution. Beck should write another book and host some more wacky talk radio debates...just give us a break! (Beck sells his books) Thanks...Later....smiles...inciting the weakened minds of talk radio heads all over the world...Boo! Laughs!

Yesterday, everything's gonna be alright! Today, gloom and doom! Like antelope at a watering hole....

Between coal, oil, natural gas, uranium and other small energy supplies plus improving conservation there is no energy crisis for at least 50 years. Only a growing Socialist crisis. End Obamanation socialism, end the problems. Discover true conservatism!!

Geez that money supply graph is ugly.

franck s - Friday October 30, 2009 12:42PM EDT Alright, this is great. All this Wall Street speculation, especially in commodities.... ---------------------------------------------- Franck, delete "Wall Street", add "world economies". It's been Asian tiger economies, plus certain middle east and euro nations, far, far more than Wall St. I'm not really disagreeing with your sentiment (mind you, I've never really expected Wall St to act otherwise), but we in the US don't control commodity prices. Well, (laugh), we do...when our dollar drops, they go up in price...hence the talk of why the world no longer wants US dollar price-basing.

Get the big banks to run up oil to $8,000.00 dollars a barrel. Go for it you greedy f*cking bankers. I can't wait for the entire frigging economy and dollar to collapse because of Wall Street and the banks greed. ........................................................................................ (www.usdebtclock.org) $140,000,000,000,000.00 Trillion dollars of US debt divided by 153,000,000 million working americans equals $910,000.00 thousand dollars that each of us owe for this debt. We are already bankrupt and the currency will collapse with hyperinflation because of it................................................................................... Run the oil up....finish the consumer off. Then when the malls are empty....the banks can eat all their losses from the defaults on these commercial real estate loans............................................................ Keep sending all the money overseas to be loaned to third world countries on Carry Trades. The United States businesses don't need any cash to survive. Keep rewarding the greedy f*ckers on Wall Street. ..................................................................................................... You'll be lucky if this crap doesn't end up with people rioting in the streets in the end.

This is nothing more than experts trying to predict the future. they seat there and try to look as prophets. The reality is people are scared, holding to whatever savings we have left making sure Uncle Sam does not take what we still have. Suppy and demand works even in socialist countries, because when we have too much of something the 99 cents is the store where we can find them. Darn it, Just be fruitful and increase in number.

Most of the estimates I hear from friends in the oil industry expect a barrel of oil to be $65-70/barrel in a few months. That means about $2.75-$3.00 at the pump. Peak oil was gone in the US in 1970 and it is almost gone in the Arab countries. The Arabs claim they can no longer make a profit on oil under $75/barrel. Plenty of oil---its buried deep.

I WOULD HATE TO BE IN THIS MARKET ON MONDAY! YIKES!!!!

just remember when you are feeling down and blue... there is one thing you can do.... sing..... barack hussein obama mmm mmm mmm... remember, when barack hussein obama is golfing this weekend, think what YOU can do to help him....... mmm mmm mmm...

yes inventories are high but very few are now drilling for gas,rigs are down 90% in western canada,afraid winters aren't getting that warm so inventories will drop. Hey poster slagging Beck, FOX is one of the few msm that are asking any tough questions on Obama's admin, the rest are fellow Obama zombie supporters. In a year will you still be so critical when your country is on the cusp of losing the respect of eastern europe. And the Taliban and AlQuida are even more bolder because of your Mr. Dithers lame leadership, and inability to make tough decisions,

We will always need oil for plastics and other chemicals. Oil companies are now getting in to the alternative fuel markets and they will be profitable for a long time to come. If their stock prices go down, I think they would be a good buy

cling2fear - Friday October 30, 2009 12:58PM EDT After reading your posts I vomit! Laughs! Grab a mop and clean up kid! Funny...BOO!

REGULATE OIL NOW! Before its too late and the WORLD goes bankrupt.