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Your Portfolio Outperformed the Monkeys
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[ QUOTE ] Back in July legendary peak oil fearmonger Matt Simmons predicted $100 barrel by January. [/ QUOTE ]I can tell you for a fact that the same year that the price of crude oil started climbing and hit $25 per barrel, the Saudi Arabian state budget was based on a range of $10-15. And if they don't know, nobody knows. It's not just the Hollywood adage ("Nobody knows anything") that holds rock solid, it's also the one about having a monkey throwing darts at stock selections. [/ QUOTE ] C'mon I'm sure you've made a fortune off companies whose stock prices have appreciated a great deal due to the rise in the price of oil. |
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